In the latest IMT is mentioned that the Eur/Gbp was nearing the wedge support. Can someone point out where the wedge is and on what timeframe. Also am i right in saying that Ashraf has a bearish outlook on Eur/Gbp
I am also very new, so my comments may not have much weight compared to the Top Guns on this forum.
I am in the AUD/NZD trade and have a feeling the price may go up on Sunday, but the downtrend will remain. It is ultimately your call. if you were to enter now at current price, You need to ask youselve 1) where the price may pullback to 2) how much are you willing to lose
Or you could wait and see if you can get a better price on any pullback. Hope that helps.
BTW - where di you get that the downside will commence from Tuesday. I did not see anything from Ashraf. Maybe I missed something??
I've just checked the economic calender and ' RBA Gov Stevens Speaks ' on Sunday 1045pm UK time. Is this when we will know if a change to the AUD interest rate will occur
I'm quite new to trading and I am still learning the dynamics of fundamentals. 1)From what Peter Ruud has said about the Eur/Usd it is now moving up. 2)From another source, I am told the cycle has started for this pair and it will start to trend higher. 3) On a daily chart the price has broken through the descending wedge, and has a target of 1.38 region 4) I think Gold correlates with Eur/Usd, so with this in mind, Gold may go up as well
Cool --- You mention RBA may increase rates, would this push AUD/NZD. I'm interested in this as I am in a short position as per the HOT CHART and would really like this pair to come down. Any insight would be grateful
You are too Good. Absolutley eyewatering. Amazing calls as always.
Janice I'm hoping it goes back up to 1.2845 area so I can short again :). Will be looking to trade this all week. until 1.26 as Ashraf has stated. Good Luck
I don't understand people like Steve O who come to Ashrafs site, take the time to read his analysis and witness the near perfect calls, but yet they are blinded by their own egos.
Why can't they just leave - No one is holding them back.
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..
In the latest IMT is mentioned that the Eur/Gbp was nearing the wedge support. Can someone point out where the wedge is and on what timeframe. Also am i right in saying that Ashraf has a bearish outlook on Eur/Gbp
I realised after I posted - I did then go to that forum
I am also very new, so my comments may not have much weight compared to the Top Guns on this forum.
I am in the AUD/NZD trade and have a feeling the price may go up on Sunday, but the downtrend will remain. It is ultimately your call. if you were to enter now at current price, You need to ask youselve
1) where the price may pullback to
2) how much are you willing to lose
Or you could wait and see if you can get a better price on any pullback. Hope that helps.
BTW - where di you get that the downside will commence from Tuesday. I did not see anything from Ashraf. Maybe I missed something??
I've just checked the economic calender and ' RBA Gov Stevens Speaks ' on Sunday 1045pm UK time. Is this when we will know if a change to the AUD interest rate will occur
I'm quite new to trading and I am still learning the dynamics of fundamentals.
1)From what Peter Ruud has said about the Eur/Usd it is now moving up.
2)From another source, I am told the cycle has started for this pair and it will start to trend higher.
3) On a daily chart the price has broken through the descending wedge, and has a target of 1.38 region
4) I think Gold correlates with Eur/Usd, so with this in mind, Gold may go up as well
Cool --- You mention RBA may increase rates, would this push AUD/NZD. I'm interested in this as I am in a short position as per the HOT CHART and would really like this pair to come down. Any insight would be grateful
You are too Good. Absolutley eyewatering. Amazing calls as always.
Janice I'm hoping it goes back up to 1.2845 area so I can short again :). Will be looking to trade this all week. until 1.26 as Ashraf has stated. Good Luck
I don't understand people like Steve O who come to Ashrafs site, take the time to read his analysis and witness the near perfect calls, but yet they are blinded by their own egos.
Why can't they just leave - No one is holding them back.
They are legends in their own minds :)