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Posts by "new pip"
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Posts by Anonymous "new pip":
I realised after I posted - I did then go to that forum
I am also very new, so my comments may not have much weight compared to the Top Guns on this forum.
I am in the AUD/NZD trade and have a feeling the price may go up on Sunday, but the downtrend will remain. It is ultimately your call. if you were to enter now at current price, You need to ask youselve
1) where the price may pullback to
2) how much are you willing to lose
Or you could wait and see if you can get a better price on any pullback. Hope that helps.
BTW - where di you get that the downside will commence from Tuesday. I did not see anything from Ashraf. Maybe I missed something??
I've just checked the economic calender and ' RBA Gov Stevens Speaks ' on Sunday 1045pm UK time. Is this when we will know if a change to the AUD interest rate will occur
I'm quite new to trading and I am still learning the dynamics of fundamentals.
1)From what Peter Ruud has said about the Eur/Usd it is now moving up.
2)From another source, I am told the cycle has started for this pair and it will start to trend higher.
3) On a daily chart the price has broken through the descending wedge, and has a target of 1.38 region
4) I think Gold correlates with Eur/Usd, so with this in mind, Gold may go up as well
Cool --- You mention RBA may increase rates, would this push AUD/NZD. I'm interested in this as I am in a short position as per the HOT CHART and would really like this pair to come down. Any insight would be grateful
You are too Good. Absolutley eyewatering. Amazing calls as always.
Janice I'm hoping it goes back up to 1.2845 area so I can short again :). Will be looking to trade this all week. until 1.26 as Ashraf has stated. Good Luck
I don't understand people like Steve O who come to Ashrafs site, take the time to read his analysis and witness the near perfect calls, but yet they are blinded by their own egos.
Why can't they just leave - No one is holding them back.
They are legends in their own minds :)