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Posts by "will poho"

22 Posts by member
will poho
(Toronto, Canada)
will poho
Toronto, Canada
Posts: 20
15 years ago
Sep 3, 2009 19:43
Gun Jack, Short gold at 995, and now have lowered my stop loss to entry. Risk free trade. Let's see how it plays out tonight.
will poho
Toronto, Canada
Posts: 20
15 years ago
Sep 3, 2009 18:54
Hey Gunjack, my feeling is if gold can stay in the high 990's by 2:30 PM EST then I won't short it. Actually I'm already short but with a stop loss above 1000.
will poho
Toronto, Canada
Posts: 20
15 years ago
Aug 28, 2009 2:52
Does anyone know what Ashraf means when he says "$USDCAD longs take a look at the Aug 12-13 action & what ensued next $$ I took a look and to me it means the USDCAD will bottom at the trend channel line.???
will poho
Toronto, Canada
Posts: 20
15 years ago
Aug 27, 2009 22:17
Oil bounced to 72.82 Is that still corrective?
will poho
Toronto, Canada
Posts: 20
15 years ago
Jun 15, 2009 21:16
Hey Rob, I use FXCM and CMC Markets. CMC has more consistent spreads however their margin rate is high compared to FXCM. 4% for the EuroUSD 5% for the pound. You need $8000 just to take a one lot position in the pound. If you don't care about leverage because you have enough money in your account then I recommend CMC. Oh yeah, CMC support is really good and their head currency analyst is pretty cool too.

Good luck

Bill
will poho
Toronto, Canada
Posts: 20
15 years ago
Jun 5, 2009 8:25
... inverse head and shoulder

will poho
Toronto, Canada
Posts: 20
15 years ago
Jun 5, 2009 2:51
... It appears oil is in the last up wave of the Elliot Wave cycle before a wave down. To suppoft this reversal: 1. Currencies on the brink of a 14 week correction. 2. Gold is finnishing a nice head and shoulder pattern.
will poho
Toronto, Canada
Posts: 20
15 years ago
Jun 5, 2009 0:40
You commented on June 3rd that oil was going to break key support at $64... what's your feeling now?
will poho
Toronto, Canada
Posts: 20
15 years ago
Jun 2, 2009 16:39
USD CAD bounces off the lows... seems it's time for a correction. Stop loss in place at the lows.
will poho
Toronto, Canada
Posts: 20
15 years ago
May 29, 2009 19:36
Hi Ashraf, The ever so charming Peter Wadkins, currency commentator at Thompson Reuters, speaks in terms of currency cycles. Average is 11 an week cycle. We are now approaching the end of the 11 week cycle in Euro strength. Does this have any impact on your forecasting as I never hear you speak of it? And yes I will be buying your book this weekend!
Thanks
Bill