Ashraf, Thanks, yes I meant long NOK/JPY, but I am really not sure it will be such a good idea before the next leg down, concerning Shangai Index... and oil drop. Anyway, long term, NOK will win. 15? Ok, I might get in then on 15, depending on if the oil have bottomed at that time. Hope NOK/JPY will not drop to last year record 12.23. All time drop is still 11.613 in January 2000.
Steven, No problem. Yes, more investments in oil will occur if we get a change in leadership. But I am not sure if there will be a change in the leadership. Also a shift in the government might not be so bullish for the NOK, cause of higher spending from the oil-bonds, investors might get abit scared....
Steven, I told you weeks ago that GBP/NOK will end at 9,22. be patiened man. Ashraf, do you see a good place to short JPY/NOK? Yen is very strong now, "killing" all currencies.... I see some good oportunities now, but I should wait... right?
Hi guys, oil going up, stocks are up.... how much more are they goona squeeze out of this market? Tired of waiting soon... Well, I need more patience, I can't see this just going up and not stop... Friday, let's see. If not I will not look at any charts for the rest of this month. :(
houram, I am trading CHF/NOK and now I am looking for a good position to short JPY/NOK. Surely NOK will strenghten against JPY,but short-term it will weaken. This is what I have mentioned many times already.
Asad, Qin (Ashraf), we all know the oil will be lagging, dropping this September and October. USD will correlate up atleast 5%. But in the future I don't beleive USD will ever make ATH and regain it's strenght again. However, right now it is oversold, stocks are in for a deckline, oil is in for a big drop. Shorting dollars on this levels is not a good idea.
Qin, any trading entries on USD/NOK or JPY/NOK yet?
Rob, good chart. But looks like the head must be made clearer and with the shoulder too. Given my preidictions of a big correction in commodities and stocks short-term, that will be the scenario, above 5% strenghtening in the dollar.
(However, I don't claim to be a good technical analyst either).
Ashraf, thanks for clarifying. I saw your interviews earlier today, giving me a better understanding of your predictions.
Stocks and oil went crazy today, good, it means the correction is gonna be even bigger. Waiting for Asia to lead the way......down. And giving me another chance to short JPY.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(11 months ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(11 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(11 months ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (11 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (11 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (11 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(11 months ago)
إستعمال تحليل الإنترماركت والتحليل الفني الكلاسيكي لتداول الذهب و الناسداك و السندات. شاهد هنا
Using intermarket technicals analysis to trade XAUUSD Nasdaq100 and Bonds.Watch here.
Latest Hot-Chart - May 16
Dax 200 DMA Deviation
You remember we went short Dax40 in late March based on the 13% 200 DMA extension, which gave us at least a 500-pt gain.
View Hot-Chart..
Even tough... your extreme profit, you must have been very sure about your trading. I am impressed about 457%! WOW.... that is huge!
Thanks, yes I meant long NOK/JPY, but I am really not sure it will be such a good idea before the next leg down, concerning Shangai Index... and oil drop. Anyway, long term, NOK will win. 15? Ok, I might get in then on 15, depending on if the oil have bottomed at that time.
Hope NOK/JPY will not drop to last year record 12.23. All time drop is still 11.613 in January 2000.
Steven,
No problem. Yes, more investments in oil will occur if we get a change in leadership. But I am not sure if there will be a change in the leadership. Also a shift in the government might not be so bullish for the NOK, cause of higher spending from the oil-bonds, investors might get abit scared....
It will be interesting to see.
I told you weeks ago that GBP/NOK will end at 9,22. be patiened man.
Ashraf, do you see a good place to short JPY/NOK? Yen is very strong now, "killing" all currencies.... I see some good oportunities now, but I should wait... right?
Good job Ashraf!
oil going up, stocks are up.... how much more are they goona squeeze out of this market?
Tired of waiting soon... Well, I need more patience, I can't see this just going up and not stop...
Friday, let's see. If not I will not look at any charts for the rest of this month. :(
I am trading CHF/NOK and now I am looking for a good position to short JPY/NOK. Surely NOK will strenghten against JPY,but short-term it will weaken. This is what I have mentioned many times already.
Asad, Qin (Ashraf),
we all know the oil will be lagging, dropping this September and October. USD will correlate up atleast 5%. But in the future I don't beleive USD will ever make ATH and regain it's strenght again. However, right now it is oversold, stocks are in for a deckline, oil is in for a big drop.
Shorting dollars on this levels is not a good idea.
Qin, any trading entries on USD/NOK or JPY/NOK yet?
good chart. But looks like the head must be made clearer and with the shoulder too.
Given my preidictions of a big correction in commodities and stocks short-term, that will be the scenario, above 5% strenghtening in the dollar.
(However, I don't claim to be a good technical analyst either).
thanks for clarifying. I saw your interviews earlier today, giving me a better understanding of your predictions.
Stocks and oil went crazy today, good, it means the correction is gonna be even bigger. Waiting for Asia to lead the way......down. And giving me another chance to short JPY.
I couldn't have said it better myself. Your prophecy will come true, 100% Guarantee. I have no more comments, you hit the spot Asad.