you can't trade now.....the market is on holiday.......don't fool me, just pick up some number and telling people that you are trading now........even the banks don't open today......
I have posted that 95% of the commentators in CNBC or Bloomberg would go bankrupt, if they trade their own money.......you must be the one of them......
Steven Blyth, you are right......thing are always change fast.....but it is not so difficult to give long term trend prediction..........I mean long term.......
Moe, Ashraf will change his prediction on Down in a few months before end of this year......7400 is impossible.........we should look at the history of crisis which happen in many countries......all the major governments have ability to stabilize the stock market, they can print enough money and use fiscal policy to do it.........but none of the country can fully control their currencies if their currencies is fully convertible on the market.......
Ashraf, stock will have a some correction in the near term, I think it will be 50% chance........but I don't think that USD will have a big rally like last year....... I didn't buy your book.....but I know something about intermarkt.......In long term, US devaluation is bad for the stock market in US......because commodity price rise will eat all the companies' profits......
Steven Blyth, when USD had a rally in JUNE, bloomberg post that EUR/USD 1.3 by the end of this year according to CMC Ashraf.....but USD made its new lows at August, Ashraf post that EUR/USD 1.55 by the end of this year. The same thing with USD/CAD too.......In June ashraf posted 1.12 by the end of this year, but a few weeks ago, he predicted USD/CAD 1.02..........The most strange thing was he recommended people to long USD/CAD at 1.1650, I was doubting a lot at that time.......... This is the reason I asked Ashraf show some trading position for us.........
Ashraf, I don't want anyone to hold me hand, basically I don't take people's advice to trade....... To be honesty, I just little doubt that if people really making money to follow your trading ideas or not during the recently months.......you have been mainly talking about risk aversion for 3 months....less then spec about 1 month.... So I am just little curious that how did you trade on FX and making money on it......of course you recommend many traders to hedge the positions when long term trend start against your short term prediction.......
I don't have any words to against you......no one can 100% sure on the market...... I just want to learn that when you get right on your position, how you maximum your profits, and you can get wrong your positions, how you minimum your loss......I guess we all want to learn it, don't we??? The best way for us to learn is you give us some of your positions details if it is possible.......
spec......I can't believe you are working in a bank.......but hopefully, you are not a trader and asset manager in your bank.......because I may course your bank go bankrupt.........
speculator, There is no word which is logic from your comment......... By the way, I have said many times, I encourage you to buy US bonds and keep it for years as you said it has bottomed......you should believe yourself that USD may start rally from here for years, it will be a very good investment for you........
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)
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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 (12 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (12 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(12 months ago)
Gold and USDJPY
Weaker than expected CPI is expected to help gold and drag on USDJPY until this evening's Fed decision/press conference..
View Hot-Chart..
Moe, Ashraf will change his prediction on Down in a few months before end of this year......7400 is impossible.........we should look at the history of crisis which happen in many countries......all the major governments have ability to stabilize the stock market, they can print enough money and use fiscal policy to do it.........but none of the country can fully control their currencies if their currencies is fully convertible on the market.......
stock will have a some correction in the near term, I think it will be 50% chance........but I don't think that USD will have a big rally like last year.......
I didn't buy your book.....but I know something about intermarkt.......In long term, US devaluation is bad for the stock market in US......because commodity price rise will eat all the companies' profits......
Steven Blyth, when USD had a rally in JUNE, bloomberg post that EUR/USD 1.3 by the end of this year according to CMC Ashraf.....but USD made its new lows at August, Ashraf post that EUR/USD 1.55 by the end of this year.
The same thing with USD/CAD too.......In June ashraf posted 1.12 by the end of this year, but a few weeks ago, he predicted USD/CAD 1.02..........The most strange thing was he recommended people to long USD/CAD at 1.1650, I was doubting a lot at that time..........
This is the reason I asked Ashraf show some trading position for us.........
To be honesty, I just little doubt that if people really making money to follow your trading ideas or not during the recently months.......you have been mainly talking about risk aversion for 3 months....less then spec about 1 month....
So I am just little curious that how did you trade on FX and making money on it......of course you recommend many traders to hedge the positions when long term trend start against your short term prediction.......
I don't have any words to against you......no one can 100% sure on the market......
I just want to learn that when you get right on your position, how you maximum your profits, and you can get wrong your positions, how you minimum your loss......I guess we all want to learn it, don't we??? The best way for us to learn is you give us some of your positions details if it is possible.......
I think today will be a selling off day........let see......
By the way, I have said many times, I encourage you to buy US bonds and keep it for years as you said it has bottomed......you should believe yourself that USD may start rally from here for years, it will be a very good investment for you........