Posts by "steven blyth"

FXHandler. Greetz. What do you think of a GBPNOK short?

Hi Ashraf,

Curious about your projections for GBPNOK. The pair has been in a lovely downtrend for a few months and it looks like its still got more downside. 9700 seem too conservative?

Also would you be looking at sub 8000 levels in purchasing AUSUSD? Say 7800? It may go lower though.

Best,
Steven

Qin. I'm relatively new to this game and what i know is that to be a trader worth your salt you need to be able to take the analysis provided and synthesis it. There is no hand holding here. No lazy buy or sell signals here. Mark Chandler at Brown Brothers sees EURUSD at 130 by end of year and Ashraf sees it around 158. Some forex technical analysts even refuse to give a target on pairs. Thats what makes a market.

If you are a seasoned trader im sure you'd know what to do. Good luck brother.

Steven

Hi Ashraf,

I set an short to open on GBPJPY at the 60% retracement (15750) with a tight 30 pip stop (15750).
I exited my shorts yesterday about 10pips from the bottom and fought the urge to get involved again till now though i think the pros would have swing traded this.

Double checking on your AusUsd end of year target above parity? (10100)

Thanks for the quality tweets and guidance Ashraf. I'd say im about break even in my account and have closed in on some bad trades i made when i started the journey. Thanks to you.

Steven Blyth

Simply couldn't help but open up another GBPUSD short. Im such a glutton. Gentlemen starts your engines.