Posts by "montmorency"

@AVG: If you aren't in already, might be an idea to wait & see if it gets a bit higher first.
FWIW, I'm already in short, but I'm prepared to wait it out with a long stop if necessary (and add at a higher level, but that's just me). For real-time help from Ashraf you might try Tweeting him, although he might not have time to reply.

"Just fundamentals". LOL! Fundamentals and a degree of intermarket analysis that you won't find on any other site, certainly no free ones. And for a very modest sum one can goa bit deeper with his book and online workbook, and the seminars. Ashraf provides the information and expert analysis, then it is up to each individial trader to trade it how he or she wants. As he often says, he has no idea of each individual's appetite for personal risk, so it would be a bit silly to quote risk:reward ratios etc. Risk:reward, as normally described or defined, is a pretty slippery concept in any case, in my humble opinion. Actually there are often some fairly precise calls in the Tweets, often astonishingly accurate. Sometimes they are less precise; ultimately we all have to use our own judgment and take responsibility for our own trading decisions. There are loads of sites out there where you can agonise over indicators and entry points and exit points and expectations and systems and all that other stuff that is more likely to confuse you than make any money. Those sites may possibly be great in talking about and describing _how_ the market moves. On this site we get to see and discuss _why_ the market moves.

@Pipped: Well, see the chart for yesterday. On my own chart it seemed to start at 0400 GMT and get going 0500 GMT.

However, I don't think they are quite that predictable. I've seen it happen in the afternoon (GMT).
I think it used to be said that Thursday was a probably day, but we've just seen it on a Tuesday (if it really was them), so I don't know how much to go by that.

@Spec: 1.52 by March 1 is pretty ambitious. Still perhaps no more so than Ashraf's target of 1.32 for Euro, which looked ambitious not so long ago, as did 1.34, and we've been almost within easy jumping distance of 1.34 already, so ...

Is that 1.52 on technical grounds? Trendlines? Other?
Thank you.

@Chloe: I'm no expert on this believe me, but I have an order in to close at 1.4670. 1.4675 might be ok too :-)

@Cool: That is also a reasonable interpretation :-) (Wait till they have intervened, and then sell...for example).