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70 Posts Total by "raulin":
64 Posts by member
raulin
(london, United Kingdom)
6 Posts by Anonymous "raulin":
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raulin
london, UK
Posts: 65
15 years ago
Sep 22, 2009 11:59
In Thread: GBP Trade Index 18-Year Chart
El Shaer
I have mentioned this before but this is not a signals site. Don't risk your money until you know what you are doing. I can tell you for example that GS have a very different outlook for eur/gbp over next 3 months. Who are you going to believe ?. There are a lot of people here with opinions it does not mean they can read the future
raulin
london, UK
Posts: 65
15 years ago
Sep 11, 2009 11:40
In Thread: VIX, Oil, BRICS & Sterling's Sell-Appeal
I've said this before UK was a basket case at GBP/USD 1.35 and at 1.70 nothing funadamentally changed it is still a basket case but fundamentals don't explain rally from 1.35 and I never believed the argument that sterling would come out of crisis quicker than other economies because of QE.House price data is bs for the very reason as there is no consumer buying these are supposed to explain sterling's rally all I saw in the run up to 1.70 from 1.67 was traders who had access to information earlier than release running up the gbp and the herd chased .
raulin
london, UK
Posts: 65
15 years ago
Sep 6, 2009 15:38
In Thread: VIX, Oil, BRICS & Sterling's Sell-Appeal
It would be good if the forum could be a little bit more technical and less fundamental that way I think there would be more objectivity and less personal abuse which serves no purpose. Regarding the GBP for example the fundamentals have always been very poor, when it was 1.38 to the dollar and when it was 1.70 to the dollar so there are other technical/speculative reasons for its return to higher level and it would be more interesting to talk about those, if you are interested in trading. The oil thing is confusing, probably due to long gold play which may just be technical breakout or may be China diversifying out of treasuries , but this is such an old story. On a technical level oil is above 78.6 fib of its its hi/lo swing and needs to break that to become bearish again I would look for it to break 65.5 for bearishness to continue and on upside watch 70 and if it breaks 71.40 more than likely it gets to 75 again.
raulin
london, UK
Posts: 65
15 years ago
Sep 2, 2009 22:02
In Thread: NZD's Overshoot vs GBP?
Hi Ashraf great analysis as usual ..you need to remind people that you need at least 300 pip stop loss for this pair as it can swing violently for 300 pips ..a pair that I like with great upwaqrd potential is eur/cad it has halted at 78.6 fib on the weeklies and made nice WOLFE wave with 1.72 target but again big stop loss
raulin
london, UK
Posts: 65
15 years ago
Aug 31, 2009 22:33
In Thread: VIX, Oil, BRICS & Sterling's Sell-Appeal
Smiler Your having a laugh.

"Hi Ashraf, many thanks again for your wise words regarding Oil. Is it now time to move my Stop down from 75.20? What do you suggest, 72.80? Are we still looking good for $68 or should we take something off the table? BTW, I purchased the Book and Workbook, looking forward to getting stuck into them. Thanks again, Smiler "
raulin
london, UK
Posts: 65
15 years ago
Aug 31, 2009 20:39
In Thread: VIX, Oil, BRICS & Sterling's Sell-Appeal
Smiler
This is not a signal service if you don't have a trading technique of your own you should not trade.You will end up losing all of your gains and the last thing you should speculate on is oil.
raulin
london, UK
Posts: 65
15 years ago
Aug 30, 2009 9:12
In Thread: Ashraf's Book: Currency Trading and Intermarket Analysis
Houram
Certainly Ashraf pinpointed the start of the equity rally in March but if you were betting on that you would have lost a lot of money in May as this prediction was based on 2 month cycles and this rally is certainly not over, it has been going on for 6 months.I agree that this site has helped a lot of people who were clueless about intermarket relationships. It always amazes me how technical traders ignore fundys and vice versa. Nobody can predict the point of major reversals so it best to do your own analysis and to expect the unexpected.
raulin
london, UK
Posts: 65
15 years ago
Aug 29, 2009 23:38
In Thread: VIX, Oil, BRICS & Sterling's Sell-Appeal
Oil looks well supported above 70 ....just like that false move downwards on the Dow, oil faked to the downside and then surged up ..looks capped at 75 though. I don't think it's an anti-dollar thing Asad, just because there is a correlation does not mean causative effect.That's a great quote from J Maynard Keynes about the markets and not one to forget ..trading is definitely not quantitative physics!
raulin
london, UK
Posts: 65
15 years ago
Aug 24, 2009 20:01
In Thread: VIX, Oil, BRICS & Sterling's Sell-Appeal
Ashraf I was agreeing with you .. see my tweet "if your oil goes up cuz of low inventories that shld not be bullish for stocks yes there is demand but for wrong reasons .."
8:10 AM Aug 19th from webhttp://twitter.com/raulmarcusbruno
raulin
london, UK
Posts: 65
15 years ago
Aug 22, 2009 13:21
In Thread: Unsustainable Appetite in FX, Equities & Oil
Speculator you need to change your rigid mind set if you pay close attention strongly rallying US equities have been seen with US strength against JPY and in turn commodities currency rallying against JPY. You say this a news play , well positive news feeds equity rallies .
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