Posts by "shane"

@catnip nice man i wish you good luck for this time aswell. As far as i know the markets they play on our greed and with the passage of time i have started a contrary approach my guess is market will break this 1.780 resistance however may not touch 1.40 or may make a false break at 1.41 . I am following the same technique on GBp as i dont believe in H&S pattern to be effectively controling the market but it is there so people can go short on it so that it can be taken down with a false break and analysts will justify that there was no daily or weekly close above 1.6060 so the pattern remains there and most of us who will heavily short at 1.6060 will end up frustrated watching GBp touch 1.61 or 1.62 and than fall like a stone .

look guys all of u are so single minded when ashraf was calling for succesful shorts every one was praising him plz understand fol.
1. this is a free site and service so if u dont like him you have mentioned that now grow up.
2. As far as i know the freedom of speech is everyones right. Some people are playing corrections and some like to go by the trend u can earn both way.
3. Ashraf and catnipl are fundamentally long term USD buLLS why coz thats what they are here to do, tell us wat they think there are analysts I do agree that ashraf aint so good in Usd bear market Because his long time intrest is in a bull market.
4. Now please give ur opinions and stop these personal attacks.

Some of us traders develop permanent handicap to our believes either we become USD bears or bulls and mostly it is USD bulls. Maybe because of our loyalties to countries or stuff and thats when we make mistakes and get emotional.

@Cat one thing i wont agree with you is about chart astrology stuff coz as far as i think that price action in the market represents the fundamentals and technicals so if u follow the price action without knowing much about technicals or fundamentals u can do well if u follow just price action. I think we need to learn from each other and respect different opinions. BTW admitting mistakes and learning from them is part of a traders life if u guys become stubborn and follow only one way of the pic u are harming urself and nobody else.

Not to mention that we have a right shoulder of H&S also at 1.6060. plus the topside is limited to max 1.63 . But dont forget that the last time USDX went to 76 we saw 1.70 in Gbp so for now i am strongly bullish Gbp as Usdx has broken 78 and heading for 77 and 76.

I think its a lovely time to short aud but i hate the rollover Gbp is a better option and than maybe euro.