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130 Posts Total by "mo":
124 Posts by member
mo
(liverpool, United Kingdom)
6 Posts by Anonymous "mo":
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mo
liverpool, UK
Posts: 123
15 years ago
Aug 21, 2009 16:04
In Thread: Ashraf's Book: Currency Trading and Intermarket Analysis
Hey Qin

Thanks for the Advice , I am very patient person:))
Good luck in your positions
mo
liverpool, UK
Posts: 123
15 years ago
Aug 21, 2009 15:46
In Thread: Ashraf's Book: Currency Trading and Intermarket Analysis
Qin, Gun

I also would like to buy AUD and NOK and NZD, against the USD , but unfortunately the market failed to correct in order to give me a good entry point.

Lots of traders missed the rally and waiting for this correction in order to position them selves , but this correction seems never to happened.
mo
liverpool, UK
Posts: 123
15 years ago
Aug 21, 2009 15:34
In Thread: Ashraf's Book: Currency Trading and Intermarket Analysis
Hello Qin
I got your email, how you doing?
About me, I am really frustrated by the GBP strength against the USD dollar, even that all technical indicator point to major correction I,e slow Stochastic, RSI AND MACD all crossed to the down side in the daily and weekly chart

But the correction failed to materialised, GBP, EURO, and all the commodity currency always find buyers. Maybe you are right Qin "the USD is doomed".
mo
liverpool, UK
Posts: 123
15 years ago
Aug 18, 2009 16:19
In Thread: Unsustainable Appetite in FX, Equities & Oil
Qin
I also calculated for every one standard lot long AUD/USD
You can earn around 2000 euro annually just on interest
mo
liverpool, UK
Posts: 123
15 years ago
Aug 18, 2009 16:15
In Thread: Unsustainable Appetite in FX, Equities & Oil
Qin
Yes I fully understand your strategy; you always sell USD because you think in the long term the value of the USD will go down, which I agree with you.

Asharf have end of year target Euro/USD at 1.55 and GPB/USD at 1.70

So if you have a good funded account, and you can hold positions for long time, then your strategy will work.

Good lick in your positions
Mo
mo
liverpool, UK
Posts: 123
15 years ago
Aug 18, 2009 15:53
In Thread: Unsustainable Appetite in FX, Equities & Oil
Hello Qin

I go luck today, because I had my sell GBP/USD stop loss at a 1.6350,
Lots of us lost money today, but you in the other hand made good profit, well done
mo
liverpool, UK
Posts: 123
15 years ago
Aug 14, 2009 18:28
In Thread: Speculators' Futures FX Positions
Speculator

I think you deserve eggs to be thrown at you, because back in April when GBP/USD was at 1.48 you use to tell us that the cable is heading downwards soon,,,,following that the Cable broke 1.52, 1,58. 1,62. 1,67 and all the way to 170.

For this reason alone I will be more than happy to throw egg at you LOL
mo
liverpool, UK
Posts: 123
15 years ago
Aug 14, 2009 17:33
In Thread: Speculators' Futures FX Positions
Speculator /Not only by ashraf but by every one on in this forum LOL
mo
liverpool, UK
Posts: 123
15 years ago
Aug 1, 2009 1:16
In Thread: Speculators' Futures FX Positions
Hello Ashraf

cable's breakout from the range is or not? do you see retreat towards lower 1.60 next week? what is the next resistnce level?

Thanks
mo
liverpool, UK
Posts: 123
15 years ago
Jul 31, 2009 18:14
In Thread: Speculators' Futures FX Positions
Hello Qin

This week was bad, I have few losses in GBP/USD.

Through out the week I was buying USD against the cable but unfortunately I got stopped out every time.
I entered big position few minute ago. Short GPB/USD with 4 lots at 1.6712.
I think the Cable is overbought at these level.
i have looked at the papers you send me --very interasting-- but i am not sure which Source to follow, there are so many analysis out there and every one have his own opinion, some say buy the other say sell .

Why you decide to close your account? Have you profited from the recent Cad rally?
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