Posts by "turtlemal"

@ Juke: You are quite right about the October doji candle. However, what I see this time is a market that has been declining at a fairly rapid pace for about 7 weeks now without any significant retracement on a weekly chart. That being said, these things can go on for longer than you expect.

Typically, your average retail trader would be very excited to sell into a rally like we saw today, which again, makes me more inclined to think the rally may continue at least for a little while longer.

Thats not to say I am a buyer here- the trend is fiercely down, but these bear market retracements can be pretty nasty if you are caught the wrong way. Personally I am on the sidelines waiting for a reason to sell- I just don't see one yet. I do see some reasons for caution on the short side, at least in the near term.

Just my opinion though :)

rkkashmir: Seriously, please stop trolling this forum. Here is a quote from you made at the beginning of this year on Jan 5th:

"These are the best forums I have come across, Ashraf is certainly at or near the top FX Analysts as far as I am concerned.
Let's work together to make some $$$. My positions are short EUR and long USD/JPY nas I am taking advantage of the sharp USD/JPY pullback do to the repatriations in yesterdays market."

I don't know what happened during the intervening weeks, but your current series of childish posts, certainly dont give you much credibility, and more importantly don't add anything positive to these forums. This is ASHRAF'S website (note the URL!), he does not charge anything and asks nothing from you in return for his market analysis (except perhaps for an occasional shorty award vote). Please take a step back and look at your behavior- it is frankly unacceptable from the mature intelligent person I am sure you are. If you do not like Ashraf's analysis, you are perfectly free to go elsewhere.

Personally I am immensely grateful to Ashraf for providing us with this site and his insights. I have been trading for over ten years now and he is certainly one of the most successful and professional analysts I have encountered in that time. He sticks his neck way out for us day after day, giving us his opinions BEFORE data is released, and he is recognized around the world for his success in this.

Trading is stressful enough. When I am researching a subject on this site, I really dont appreciate having to sort through the unpleasant and unhelpful remarks you have been making recently.

Sorry for the rant.