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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8935
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
chloethebull
Posted Anonymously
14 years ago
Mar 3, 2010 15:15
buddy on tv(ian lee) saying the northern european contries don;t want to bail out greece(germany)its the southern that want to bail out.....so if germany don;t wanna help them, its not looking good?should be interesting when all cards are on the table...where this crisis is heading..gl
rkkashmir
Posted Anonymously
14 years ago
Mar 3, 2010 14:55
Daily FX analyst saying aud.nzd rally has legs, heading up 400 more pips to 1.35.

How come no one here is outraged that this is the last we have heard from Ashraf on aud.nzd:

March 1, 2010 15:36 ET: RBA PREVIEW (we also got AUD Retail Sales at 00:30 GMT): Hardly anyone is speaking about tonights RBA interest decision (03:30 GMT) because most economists expect a 25-bp hike to 4.00%. Although we expect the RBA to make its 4th rate hike of the current tightening cycle, we deem this probability to be at 70%. More importantly, AUDNZD and AUDUSD could enter a lose-lose situation, whereby a decision to hold steady would be a punishing surprise for the Aussie, while rate hike may signal the end of the current tightening cycle. SEE AUDNZD HOT-CHART for more on RBA RATIONALEhttp://bit.ly/ b9DCb9 We have seen in the past how strong Aussie jobs figures (November) and an RBA hike (December) occurred at the same week the Aussie ended lower. We could see AUDUSD retest 0.9030-40s61.8% retracement of the decline from the 0.9316 high to the 0.8580 low; but any subsequent break out has to face the 100-day MA at 0.9070. (100-day MA not broken since late January). An Aussie rate hike may be better capitalized upon vs. JPY than vs. USD, with 80.70 a possible target.
chloethebull
Posted Anonymously
14 years ago
Mar 3, 2010 14:49
one thing is for sure ..there are some crazy candle stik formation...from bullish to bearish back to bullish ..lol..gl
chloethebull
Posted Anonymously
14 years ago
Mar 3, 2010 14:46
man if u think were having a bad day chk out that pharma company medivation...they had a a drug that didn;t work was @42buks yesterday...now 12.50..woow..gl all
chloethebull
Posted Anonymously
14 years ago
Mar 3, 2010 14:32
thanks rkk...an gl with ur trades too..pz
rkkashmir
Posted Anonymously
14 years ago
Mar 3, 2010 14:28
chloe-i like you and feel for you. This just isn't right what happened to you with gbp.usd, gold and now aud.nzd. Three of the worst calls I've seen on FX this year.

I hope this works out for you.
chloethebull
Posted Anonymously
14 years ago
Mar 3, 2010 14:10
what will turn gold around..lol look what turned gold around last week..a russian report on china buying gold..lolu don;t think its possible it could happen that makes gold drop..lol..why do u think ashraf called gold the mother of all false breakouts(3times)over 1-2week period..lol..its oki understand that the markets can have dramatic swings an right now im on the wrong side ..ive been here b4 an i always seam to come out ahead ..this is why i don;t use stops cause as quickly things go against me they can easily go with me..its all about acct/margin maneg..like ashraf said b4 if u can;t ride outhuge swings in fx then its not for u...i was suprised when he said 200-300pips swings should b tolerated...ohh well im deffin on wrong side of trade but we;ll see how things go...gl rkk
ray
New York, United States
Posted Anonymously
14 years ago
Mar 3, 2010 14:04
rkkashmir,
no, we need to wait until friday, and if "deja vu" does not happen, than we cover at 1200+++
good luck to all!
rkkashmir
Posted Anonymously
14 years ago
Mar 3, 2010 14:02
Ashraf's latest tweet repeating drivel about deja vu warning in tact since aud.usd hasn't YET blasted through 0.9065/0.9070.


Ashraf, what about Gold at 1142, aud.nzd at 1.3090.

As far as I know, no one here is even playing aud.usd
Karan
Singapore, Singapore
Posts: 83
14 years ago
Mar 3, 2010 14:01
@rkkashmir....alright RK even if you are right. instead of criticizing and spoiling this useful forum, why dont you give us a trade right now based on where you see the market.