Remember, he has changed his stance from bearish with a "cap" on aud.usd from 0.9070 to bullish and targets 0.9230.
When will he change his bearish gold call? As consistent with the other multitude of poor wrong calls lately, he has been raising his "caps" on gold progressively higher.
I suspect once gold blasts through the 1140 level, he will out of nowhere become bullish on gold with upside targets beginn ing at 1170.
As they like to say in these forums. weatherman analysis
sorry Pipped but I must borrow your weatherman line again. Latest IMT Ashraf now calling for higher levels of aud.usd to 0.9230. A true weatherman call.
Folks, he will do the same to you in Gold once 1140 is taken out again. He will then call for 1175 on gold.
The new cap on gbp.usd is 1.524, exactly as I predicted hours ago.
What good is a cap if you simply raise it everytime it fails to hold.
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I am adding to gold, silver, aud/usd and nzd.usd longs on this contrarian indicator IMT.
Hate to harp on a subject, but he has been dead wrong on commodity calls lately.
Remember, he has changed his stance from bearish with a "cap" on aud.usd from 0.9070 to bullish and targets 0.9230.
When will he change his bearish gold call? As consistent with the other multitude of poor wrong calls lately, he has been raising his "caps" on gold progressively higher.
I suspect once gold blasts through the 1140 level, he will out of nowhere become bullish on gold with upside targets beginn ing at 1170.
As they like to say in these forums. weatherman analysis
Folks, he will do the same to you in Gold once 1140 is taken out again. He will then call for 1175 on gold.
The new cap on gbp.usd is 1.524, exactly as I predicted hours ago.
What good is a cap if you simply raise it everytime it fails to hold.
You gold shorts are going to get creamed in here.
What will be the next one?
Am i misunderstanding what the word cap means?
Oil capped 81.4. Aud.usd 0.9070.
Please explain what cap means?
The call was "unsustainable". Then why is everyone buying oil?