yes wolf, tell us more lies regarding your gains. You're getting destroyed in the ill-fated horrible call audnzd:
"its difficult to trade these pairs with stops less than 100 pips, all trades need some room to move, thats why its best to trade these with less leverage. it'l take more than a 25 bp rate rise to lift this pair out of its range. im looking at levels not individual candles and 1.2950-1.30 is a large level. short at 1.2935",
someone please explain this excerpt from the latest IMT: AUDNZD shorts may consider short positions in NZDJPY especially as AUDUSD and AUDNZD continue to fail those important resistance figures addressed in this IMThttp://chart.ly/ d9v4r2 ***
WHICH FAILED RESISTANCE LEVEL IN AUDNZD IS HE REFERENCING - THE PAIR is now trading at 9 year highs, up 200 pips today alone. What resistance?
Daily FX analyst saying aud.nzd rally has legs, heading up 400 more pips to 1.35.
How come no one here is outraged that this is the last we have heard from Ashraf on aud.nzd:
March 1, 2010 15:36 ET: RBA PREVIEW (we also got AUD Retail Sales at 00:30 GMT): Hardly anyone is speaking about tonights RBA interest decision (03:30 GMT) because most economists expect a 25-bp hike to 4.00%. Although we expect the RBA to make its 4th rate hike of the current tightening cycle, we deem this probability to be at 70%. More importantly, AUDNZD and AUDUSD could enter a lose-lose situation, whereby a decision to hold steady would be a punishing surprise for the Aussie, while rate hike may signal the end of the current tightening cycle. SEE AUDNZD HOT-CHART for more on RBA RATIONALEhttp://bit.ly/ b9DCb9 We have seen in the past how strong Aussie jobs figures (November) and an RBA hike (December) occurred at the same week the Aussie ended lower. We could see AUDUSD retest 0.9030-40s61.8% retracement of the decline from the 0.9316 high to the 0.8580 low; but any subsequent break out has to face the 100-day MA at 0.9070. (100-day MA not broken since late January). An Aussie rate hike may be better capitalized upon vs. JPY than vs. USD, with 80.70 a possible target.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(10 months ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(10 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(10 months ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(10 months ago)
I can feel the carnage on these boards. Blind Faith can be painful, very painful.
All of Ashrafs "caps" Have been run over by a freight train:
Gold blasts through 1117/1123/1135/1142
Euro smashes 1.3660
Aud.usd makes a mockery of 0.9060.
What now?
What happens to Ashraf's hypotheses?
Twice in last 1-1/2 hours gold rallied in 5 minutes from 1136 consolidation to 1140.
Folks, Gold AINT going down. Aussie AINT going down.
When will you all finally cover?
"its difficult to trade these pairs with stops less than 100 pips, all trades need some room to move, thats why its best to trade these with less leverage. it'l take more than a 25 bp rate rise to lift this pair out of its range. im looking at levels not individual candles and 1.2950-1.30 is a large level. short at 1.2935",
WHICH FAILED RESISTANCE LEVEL IN AUDNZD IS HE REFERENCING - THE PAIR is now trading at 9 year highs, up 200 pips today alone. What resistance?
His calls lately have been utterly ridiculous.
How come no one here is outraged that this is the last we have heard from Ashraf on aud.nzd:
March 1, 2010 15:36 ET: RBA PREVIEW (we also got AUD Retail Sales at 00:30 GMT): Hardly anyone is speaking about tonights RBA interest decision (03:30 GMT) because most economists expect a 25-bp hike to 4.00%. Although we expect the RBA to make its 4th rate hike of the current tightening cycle, we deem this probability to be at 70%. More importantly, AUDNZD and AUDUSD could enter a lose-lose situation, whereby a decision to hold steady would be a punishing surprise for the Aussie, while rate hike may signal the end of the current tightening cycle. SEE AUDNZD HOT-CHART for more on RBA RATIONALEhttp://bit.ly/ b9DCb9 We have seen in the past how strong Aussie jobs figures (November) and an RBA hike (December) occurred at the same week the Aussie ended lower. We could see AUDUSD retest 0.9030-40s61.8% retracement of the decline from the 0.9316 high to the 0.8580 low; but any subsequent break out has to face the 100-day MA at 0.9070. (100-day MA not broken since late January). An Aussie rate hike may be better capitalized upon vs. JPY than vs. USD, with 80.70 a possible target.
I don't even see a red down tick in this pair, ever!
1.311 now-up 200 pips today alone.
And yet NO MENTION of this from Ashraf.
Gold corrects to 1136, and three minutes later back to 1140.
I warned you all to cover.