Pippedoff I have not seen your name around before but nobody has a crystal ball and can predict what can happen . Ashraf got it right on oil and frequently gets calls right on other pairs but nobody is 100% accurate . So I guess you criticize because you lost money.As I tell everyone trade on your own risk Ashraf gives you a guide which may be medium to long term but it is up to you to place entry stop loss etc.
Rajib If you have to ask someone else for an opinion and worried about putting on a position you should not be trading and that goes for everyone. Read "trading in the zone" by Mark Douglas.
markets uses fundamentals to explain moves after the fact ...the market heavily short g/u and g/u oversold we appear to have completed wave 3 with potential upside targets 1.6020 and 1.6130 but as always with g/u watch for stalling .best not to trade 2 weak currencies against each other and watch euro/gbp
Have to strongly disagree about BOJ rate hike the Japanese economy is in big time deflation big deficit and no consumer spending and aging population, incendiary time bomb especially on falling equities , no domestic demand ..
Eur/usd has peaked 1.40 will probably be low if catastrophic drop in equities then 1.25 or lower Carry trade in USD is just lazy journalism. Why the focus on 3 month libor? 1 yr libor, 2 yr libor and the most important, the 10 yr is 223 bps lower in japan than in the US . JPY is still the most risk averse currency and as for having a carry trade in sterling don't make me laugh at least Japan had a huge trade surplus
H Ashraf 3 questions really. Has the market factored into sterlings price an assumption that UK will be the first of US/EU zone to raise rates? Has it factored in an assumption of negative real interest rates on deposits and thirdly does it have factored in increase in QE that will be necessary to finance huge fiscal deficit?
What I say may sounded harsh but there are a lot of big players in forex and oil who will chew up and spit out the little guy. eg euro/usd short squeeze yesterday and bullrun today they have enormous funds and sometimes these moves are just to take out the stops
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ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
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How bitcoin halvingreduces bitcoin inflation below that of gold and how its "hardness" can beat every other asset & currency over time. Watch here.
كيف تنخفض نسبة التضخم في بيتكوين تحت نسبة تضخم الذهب و ما يعني "صلابة" بيتكوين كعملة او إرادة؟
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If you have to ask someone else for an opinion and worried about putting on a position you should not be trading and that goes for everyone. Read "trading in the zone" by Mark Douglas.
3 questions really. Has the market factored into sterlings price an assumption that UK will be the first of US/EU zone to raise rates? Has it factored in an assumption of negative real interest rates on deposits and thirdly does it have factored in increase in QE that will be necessary to finance huge fiscal deficit?
kind regards
Raul