Abood26, no offense, but I think Qin does really well. It's not wrong to go with the trend and Qin just does that. I know, it doesn't sound sexy to watch at weekly charts and to trade the fundamental direction but even Ashraf was ranked #1 for the longer term analysis. ;)
And do you really expect to get a clear entry, Tp and Sl for your trade? What about using your own brain? ;)
Hehe Ashraf, yes looks like you're right. But those 50 pips moves are just noise to me. I trade very low leverage, it's more an investing than trading. But I fear that a lot of guys here use leverage and 100 pips can be a pain then. ;)
Let me ask you a question, dear Ashraf. I've read your book which is great btw, but just wonder about all those intraday technical hokuspokus stuff. I mean wouldn't it be easier to just trade the bigger trend and buy here and there. I just wonder how do you trade that stuff, I mean you must hedge and straddle all the day?
Ashraf, no offense, but I hope people DON'T follow blindly your IMTs. Though they're quite good it's dangerous for newcomers. I mean look at your 70% probability for a close below 1.4550 in the Euro. I don't want to know how many traders are quite short in this pair because of your advice. Again, no offense and I know everyone should be responsible for his own trading but you simply can't tell us proudly that you were correct this time.
Personally I think we will see high 1.49x levels today in the Euro and will have another lift off in the Aussie due to another risk rally. But that's 50/50. No one can know what happens. What's rather interesting is that the stock rally yesterday wasn't followed by a currency rally. I know most here seem to be Dollar bulls (at least short term) but I just don't see why there should be a huge(!) risk aversion above normal correction moves should happen.
Alright! I guess you're right with stocks and I hope to see that link between stocks and currencies weaken again (so stocks down, dollar down). Not for now I agree...
Don't worry Ashraf and keep up the good work. I'm always amazed how you keep the overview about all the stuff out there and still have time to post here. ;)
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 (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..
And do you really expect to get a clear entry, Tp and Sl for your trade? What about using your own brain? ;)
Let me ask you a question, dear Ashraf. I've read your book which is great btw, but just wonder about all those intraday technical hokuspokus stuff. I mean wouldn't it be easier to just trade the bigger trend and buy here and there. I just wonder how do you trade that stuff, I mean you must hedge and straddle all the day?
Do we have a return to the good old fundamentals? :)