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Posts by "qin"
482 Posts Total by "qin":
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Posts by Anonymous "qin":
I pointed out his his prediction on EUR/USD and USD/CAD during the last few month which is kind of clueless for me........but everyone can still believe his predictions and trading on his recommendation.....
Moe, Ashraf will change his prediction on Down in a few months before end of this year......7400 is impossible.........we should look at the history of crisis which happen in many countries......all the major governments have ability to stabilize the stock market, they can print enough money and use fiscal policy to do it.........but none of the country can fully control their currencies if their currencies is fully convertible on the market.......
stock will have a some correction in the near term, I think it will be 50% chance........but I don't think that USD will have a big rally like last year.......
I didn't buy your book.....but I know something about intermarkt.......In long term, US devaluation is bad for the stock market in US......because commodity price rise will eat all the companies' profits......
Steven Blyth, when USD had a rally in JUNE, bloomberg post that EUR/USD 1.3 by the end of this year according to CMC Ashraf.....but USD made its new lows at August, Ashraf post that EUR/USD 1.55 by the end of this year.
The same thing with USD/CAD too.......In June ashraf posted 1.12 by the end of this year, but a few weeks ago, he predicted USD/CAD 1.02..........The most strange thing was he recommended people to long USD/CAD at 1.1650, I was doubting a lot at that time..........
This is the reason I asked Ashraf show some trading position for us.........
To be honesty, I just little doubt that if people really making money to follow your trading ideas or not during the recently months.......you have been mainly talking about risk aversion for 3 months....less then spec about 1 month....
So I am just little curious that how did you trade on FX and making money on it......of course you recommend many traders to hedge the positions when long term trend start against your short term prediction.......
I don't have any words to against you......no one can 100% sure on the market......
I just want to learn that when you get right on your position, how you maximum your profits, and you can get wrong your positions, how you minimum your loss......I guess we all want to learn it, don't we??? The best way for us to learn is you give us some of your positions details if it is possible.......