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by Ashraf Laidi
Posted: Aug 22, 2009 3:37
Comments: 852
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VIX, Oil, BRICS & Sterling's Sell-Appeal

BRICS equity indices fail at key fib retracements, VIX and oil near major trend lines and sterling's sell-appeal hasn't looked this good in a while.
 
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asad
London, UK
Posted Anonymously
15 years ago
Oct 15, 2009 17:42
Radu,

With the oil inventory figures firmly absorbed into the price, the maximum is 77.39 (when I posted the short signal, it was in 76.90s) - this is what market expects a fair price AT THIS TIME.

Today, or tomorrow, perhaps, they will realise that we are STILL not out of recession; further, when the markets start to dip (& USD strengthens) in two weeks' time, oil will naturally fall.

Ask yourself: is there enough production in the world to justify 77/barrel?!


Asad
radu
bucharest, Romania
Posts: 203
15 years ago
Oct 15, 2009 17:17


Hy Asad ,
I will do not that because...i"m shakenig for my gbp/jpy ...
But why are you so sure ??
Some whisper..?
asad
London, UK
Posted Anonymously
15 years ago
Oct 15, 2009 17:14
Ha!

This is SO funny...it's SO quiet...NO posts...as if the market has turned against all members! :p


Asad
asad
London, UK
Posted Anonymously
15 years ago
Oct 15, 2009 17:00
Guys,

Short oil right here! You can get a 400 pips, if not more...


Asad
radu
bucharest, Romania
Posts: 203
15 years ago
Oct 15, 2009 13:51


Hy Asad ,
Hell no , I don"t know exactly !!
On www.forexfactory.com is 11.00 am (18.00 eet or 16.00 gmt ) and on www.briefing.com/investor/public/calendars/economiccalendar.htm is 13.00 (18.00gmt , 20.00eet ).
So ... if you find out exactly hour , tell me .
Goodluck
asad
London, UK
Posted Anonymously
15 years ago
Oct 15, 2009 13:21
Forum,

What time (UK) do the EIA figures come out?


Asad
Abood26
Damascus, Syria
Posted Anonymously
15 years ago
Oct 15, 2009 9:56
Hello Ashraf where is the perfect point to sell eur/yen and till where the take profit
thanks
speculator
Posted Anonymously
15 years ago
Oct 15, 2009 9:17
broad sterling strength last couple of days. i doubt it will sustain in to next week. financials helping sterling along with employment growth in london as reported by CEBR. FTSE has not held its 12 month high today...risk aversion may take some time to reverse the gains.
nzvik
New Zealand
Posted Anonymously
15 years ago
Oct 15, 2009 9:09
Spec

The GBP bounce came - a little later than I thought - currently at 1.6170 ! lets see if it holds today (doubtful) as it is already beyond its Daily ATR after a move of 200 pips today. has moved nearly 500 pips up in the last 3 days

If it holds above 1.6125 today - then more gains could be due as it plays catch up. i not trading this one at this stage, as it appears very volatile and unpredictable - 500 pip reversal in three days !

whoever was on the right side of this move, sure did well.

Vik
asad
London, UK
Posted Anonymously
15 years ago
Oct 15, 2009 0:30
Ashraf,

Who's the world's largest trader of oil? Messrs. Goldman Sachs! I think a good result would be sufficient to take oil up further. GS will then itself ride the oil - celebrating Goldman style.. :p

I've got my stops in place...but I'd love to be in front of the screen, ESP/ when IEA figures come out...


Asad
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