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Posts by "rob"

366 Posts Total by "rob":
333 Posts by member
Rob
(New York, United States)
33 Posts by Anonymous "rob":
Rob
New York, United States
Posts: 305
14 years ago
Mar 17, 2010 18:21
I'm having trouble seeing why would stocks will go down if the Fed is still at 0, and their mantra hasn't changed. We shall see...
Rob
New York, United States
Posts: 305
14 years ago
Mar 17, 2010 0:30
In Thread: JPY
I'd better jump in soon....
Rob
New York, United States
Posts: 305
14 years ago
Mar 17, 2010 0:30
In Thread: JPY
Great - got it Ashraf- exactly your thoughts I was looking for and appreciate
Rob
New York, United States
Posts: 305
14 years ago
Mar 16, 2010 22:50
In Thread: JPY
Hey Ashraf,

Glad I had the same view on USD/JPY as you do - though I said a bit higher - 92.30's --- I'm learning, which is reflected in my account balance (both ways) --- anyhow --- would not a Chinese rate hike cause a massive case of risk aversion and hence Yen strength across the board? I'm a little hesitant about going against Yen because of China. Obv. the Jap. gov't should be Yen negative, but if China surprises... Thanks for your time - Rob
Rob
New York, United States
Posts: 305
14 years ago
Mar 15, 2010 1:02
In Thread: JPY
Hi Ashraf,

Where do you see USD/JPY in all of this? I see it testing 92.30s (in coming weeks) with Fed hawkishness, but then again, if risk aversion sets in, I suppose it could drop. Your thoughts are appreciated.
Rob
New York, United States
Posts: 305
14 years ago
Mar 9, 2010 16:30
Ahhh - but need to watch out for China figures...concerning AUD...
Rob
New York, United States
Posts: 305
14 years ago
Mar 9, 2010 16:30
PippedOff - I totally enjoy your comments, for real - but c'mon - the AUD has a 4.00% rate! That's pretty darn good compared... And all their economic data lately has been great. This week is unemployment rate - if the US got away with what it did for NFP considering the snow, and Aussie job advertisements went from -8.1% to +19.1% (Mon.) - we could see some serious upside with AUD/USD this week. I'm long under 91.00... we'll see.
Rob
New York, United States
Posts: 305
14 years ago
Mar 8, 2010 20:47
In Thread: JPY
Hi Ashraf,

Do you see USD/JPY testing trendline resistance at 91.60's? Thanks
Rob
New York, United States
Posts: 305
14 years ago
Mar 5, 2010 16:16
Stops prevent "crushes" - and margin and stops are always stressed by Ashraf, in fact it was the thing he told me that was most important when I started about a year ago. He said, "make sure you have enough margin and DON'T stick your head out and try to be a big shot, maybe just trade in 1/2 lots..."

this is going to get ridiculous if everyone goes back and forth - you win some you lose some, and we are "ALL" glad we have Ashraf as a "mentor" no matter what happens - at least I am. Thanks again Ashraf!
Rob
New York, United States
Posts: 305
14 years ago
Mar 5, 2010 16:09
Well said nonprophet - no one hits the buy/sell button but ourselves... I'll leave it at that in order to keep the forum civil...

Ashraf, thanks for the great analysis on NFP dynamics and USD and JPY - made some pips (70 or so) - could have EASILY been more if I didn't take profits so soon, but I can't complain about taking profits.

Lastly, can I get your thoughts on USD/JPY short/medium-term? 91.00 certainly seems inevitable by next week - thanks again!