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Posts by "asad"
793
Posts by Anonymous "asad":
EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
Deflationary Bitcoin صلابة بيتكوين
How bitcoin halving reduces bitcoin inflation below that of gold and how its "hardness" can beat every other asset & currency over time. Watch here.
كيف تنخفض نسبة التضخم في بيتكوين تحت نسبة تضخم الذهب و ما يعني "صلابة" بيتكوين كعملة او إرادة؟
Bitcoin versus Miners Performance
As many of you know 2023 was kind to members of our WhatsApp Broadcast Group who snapped up shares in bitcoin miners, while 2024 has so far been more superior to Bitcoin than most of the miners...
View Hot-Chart..
Mark this. Barring some unfavorable news from the ME - Iran/Israel...oil IS heading downward! I still believe that oil has a shorting range of $8 - 10 from here. This is how they play. Hype it up w/ inventories news (you guys MUST be knowing that the world's storage capacity - Cushings included - is close to 90%...so 6m barrels decline don't REALLY matter), hurricane news (wasn't it supposed to miss?) etc. The last two days have been a classic lesson in intermarket analysis!
Radu, I wrote in my last post that I had two short positions w/ an average of 68 - I closed a little above it and now am opening a new short position at 73. Then I will start planning vacations all the way down to 65. :p If your risk appetite allows you, open a short position. If nothing, oil will be near 70 by morning...and ofcourse, the weekend profit-taking!
Your posts seem like a thriller movie. You open positions...you close...you open...you close! And tell me ONE analyst in the WORLD (apart from Moe) who would advise on opening a long position over $70! Forget everything...if Ashraf's been indicating the oil support levels for the past few days, it could ONLY mean two things...
- Stay short in oil
- If oil goes up, open another short position
Now where does long come in?? I'm no Andrew either...but I honestly told you the position I'm trading on. I suggested on the forum last night that I was thinking of opening another short position at 70 (& RagingBull gave me some confidence). I did open it & now oil is around 69. I can break even at 68...but I WON'T because oil is dipping further. Screw technical analysis...there's ABSOLUTELY NO fundamentals to support the current level (let alone 70+).
So you caught the top of the market and went long? I'd like to listen to what position Moe has right now (& if he himself put his analysis into action and went long 70+)...because oil IS on its way back.
If I know these Streeters well...they may well be shorting oil all the way back to 55!
Did I come across as serious? It was an absolute joke (which Qin perceived correctly)! Not sure there even exists an illegal copy of your work. But your reaction is justified, and understood.
As for myself, I've never even Xerox-ed a t/book w/o seeking formal permission from the author (even if I come from a country sporting right-to-copy culture instead of copyright). Ofcourse, others do not know and may have perceived my comment otherwise.
Apologies & I know how to redeem myself..
Don't let me down Radu...don't let me down! We're in this profit/loss together. Don't know why Moe is advising to go long at 70. Goodness Moe!
What I'm doing is that - remember, already short at 66 - I'm shorting at 70...so my short average comes to 68ish. Worse comes to worse, I'll break even here. But NO friends!! I'm committed, determined...and driven.
Oil must...and WILL come down! Radu...DON'T let me down..
Contact someone in China. They would already be having a scanned soft copy available (even before Amazon's hardback came out...and even before Ashraf would've approached the publisher). It's like when the Hollywood movies are 'available' in China even BEFORE they're released worldwide. Know what I mean?
Oil's at a v/ good level (for shorting). I'm already short (losing so far) & wish to short more. Would you fancy the idea? This would also allow me to undercut my previous short at 67!
I'm no kamikaze...but I back my gut feeling more often than not. Still, reality checks are welcome...
My friend...no worries. You'll ONLY lose what you gained over the week (worst case). Oil is heading under 65 by the w/end...
Gunjack, I'm w/ you - long Swede, short English. In fact let's have a forum vote for the pair.
VOTE (Long/Short): SWE/ENG
Radu mate, I was thinking of encouraging you to hang on in there! We're in this oil short together. I agree w/ Ashraf...oil should and will tank further (64...and then near 60).
Mate...let's talk about it offline. I mean the Swedish girls. Or better, let's start a thread ('Swedish Kroner and MUCH More'). I'm SURE Ashraf would give us his EXPERT insight on it as well. When to go short...when to go long - know what I mean. ;) INTERMARKET ANALYSIS at its best!
& hey, HOW can we discount Spec's word on it. Spec, are you listening???