Will this pair ever break out of this range? 1.1100- 1.0650? And if so, which way first? Or perhaps these levels will simply provide solid resistance and support to trade through the range?
If time permits, check out "daily" GBP/JPY chart (at least) back to Sep. '08. - - Looks to me like EVERYtime GBP/JPY formed a hammer, it closed at a higher level the next day. IMT 20 min. ago - "GBP/JPY eyes 144.90-.00" from current 143.35...
Ahh, disregard last comment as here is Ashraf's tweet regarding the topic; if you haven't read it: "might see some USD weakness after G7 statement didnt specify USD but careful from additional behind scenes remarks $USDCHF"
I went with that EUR/CHF long as per your tweet. Any targets that you have in mind for that pair would be appreciated. Thanks, enjoy your weekend, and looking forward to the webinar!
Hmmm, makes it a bit more interesting to me. You wouldn't agree James? Oh well, I am a writer on the side so...
BTW - that was a pretty "ballsy" thing to say. Are you really asking him to adhere to a certain way of speaking on HIS site! I think we ask him enough...wouldn't you say?
And don't take offense to "ballsy" please. I just want us all to get along.
The definition is actually- "the act of taking on or displaying an attitude or mode of behavior not natural to oneself or not genuinely felt b : speech or conduct not natural to oneself" --- Being that is the definition, if you hear interviews, or met him personally, you'd realize that it is actually is his true self. Clever, witty, and intelligent. I enjoy the way Ashraf "spices" up the mundane world of numbers blinking up and down all day every day. His wit and clever use of words is like the icing on the cake, and makes it more enjoyable and fun to read.
I can still see your point --- but it's often NOT WHAT PEOPLE SAY -- but HOW THEY SAY IT that makes the difference.
Ashraf, I know you don't need me to "stick-up" for you, and that's not my purpose... just sharing my comments in response to a comment on the forum. And giving my view of it.
I'm excited for your Webinar! In the meantime... Thoughts on the Asian trades? I've been burned at times when NY tanks, but then Asia picks it right back up. Especially with Nikkei falling yesterday. Thoughts or targets on GBP/USD or GBP/JPY would be appreciated...unless you feel there are more (reliable) pips to be made in other pairs? I understand if you think the time-frame is too soon/short-term. Thanks a bunch.
nzvik, taha, and smjones - thanks for your responses. smjones, I agree, if/when I trade from news announcements I'm always in out and VERY quickly to capture any amount of pips. I guess that's the adrenaline rush I enjoy, and perhaps the gambler in me. Personally, I feel all capital markets are one big casino - granted with technicals and fundamentals.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(10 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(10 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(10 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 (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 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(10 months ago)
Any thoughts anyone?
Since the G-7 avoided weak dollar criticism, the "consensus" seems to be that the dollar will trend lower. Any thoughts out there?
I went with that EUR/CHF long as per your tweet. Any targets that you have in mind for that pair would be appreciated. Thanks, enjoy your weekend, and looking forward to the webinar!
BTW - that was a pretty "ballsy" thing to say. Are you really asking him to adhere to a certain way of speaking on HIS site! I think we ask him enough...wouldn't you say?
And don't take offense to "ballsy" please. I just want us all to get along.
The definition is actually- "the act of taking on or displaying an attitude or mode of behavior not natural to oneself or not genuinely felt b : speech or conduct not natural to oneself" ---
Being that is the definition, if you hear interviews, or met him personally, you'd realize that it is actually is his true self. Clever, witty, and intelligent. I enjoy the way Ashraf "spices" up the mundane world of numbers blinking up and down all day every day. His wit and clever use of words is like the icing on the cake, and makes it more enjoyable and fun to read.
I can still see your point --- but it's often NOT WHAT PEOPLE SAY -- but HOW THEY SAY IT that makes the difference.
Ashraf, I know you don't need me to "stick-up" for you, and that's not my purpose... just sharing my comments in response to a comment on the forum. And giving my view of it.
I'm excited for your Webinar! In the meantime... Thoughts on the Asian trades? I've been burned at times when NY tanks, but then Asia picks it right back up. Especially with Nikkei falling yesterday.
Thoughts or targets on GBP/USD or GBP/JPY would be appreciated...unless you feel there are more (reliable) pips to be made in other pairs? I understand if you think the time-frame is too soon/short-term. Thanks a bunch.