Gold & Yen's Perfect Desert Storm

pipped, surely not call of the century. but if not by end of this week then by end of next week i.e. before March 6th,

There are some people out there who sold eurusd at 1.3560 on the basis of my article calling for 1.32. if you are going to short a significant amount of euros at 1.3560 to the extent that you get stopped out or max out your margin when euro retraces to 1.3630, then you should forget about FX margined trading and start learning about risk management and conservative account management
. If you cannot survive a retracement of 100 or 150 pips against you then ..again...this market is not for you.

it is important that you have sufficient margin cushion to withstand these retracements. many traders started to panic last week when GBPUSD retraced to 1.5815. They shorted at 1.5580s. Some of them got stopped out at 1.58 before the market fell back to 1.5360 but they could not do anything because they had no money. I am NOT saying thet everyone must allow the market to go against them by 300 pips. I am saying that when i call for a move in the market I allow myself that much room. And if you choose to follow that, then go ahead. But do not go selling at the lows and buying at the highs with ridiculous margin usage. use less than 12% or 15% of your account and things should be easier.

i hope i made myself clear.

Ashraf

Yuwono, BE CAREFUL IN BELEIVING THE HYPE !. gold does NOT always go up when stocks go down. And when i speak about falling stocks/ratio, it can still happen with both moving lower..but at varying extent.

Ashraf