EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
China's Currency Trick خدعة عُملة اليوان
China's priority to make the yuan a lending currency instead of a reserve or invoicing currency. Here is what/why it means.
Latest Charts EURGBP & Gold مخططات
Here are the latest levels in EURGBP & GOLD discussed earlier with the WhatsApp Bdcst Group.
View Hot-Chart..
Hello. I am currently reading your book. Great book! I am a junior currency trader and the book has opened my eyes to alot! Its giving me more insight into understanding the markets. I have one question: Is the VIX a leading or lagging indicator?
Regards
btw alot has unfold since the beginning of the crisis and the time the book was published. You should do a followup or revised edition to include the markets and the performance of the currencies for 2008.
I am not a short term trader.....I used to long USD/JPY from 100 to 115 and long EUR/USD from 1.2 to 1.35.....that is half year term.
please don't find excuse that you are not short term but long term.....
If you can make money on trading, who cares long or short..........
Let us know when you start long USD......
Good luck!!
Please don't say if 1.7.........just let me know when you start to long USD please.
FED don't have exit strategy yet, ECB will exit QE much earlier than FED on my view.
In the history of US rescissions, FED always keep low interest rate for average 3 to 4 years. Have you heard about FED said how and when to do the exit strategy or when they will rise interest rate?? I didn't get the call from them, maybe Bernake called you....
Bloomberg has posted at least 3 times that FED would rise interest rate, but all was faked news.
Bloomberg also said that Canada would to QE and intervene FX market, all was faked news.
All the banks are cutting their USD forecast again and again......
You have been talking about risk aversion and USD rally for 3 month at least......I think if you are really trading on FX as you said, you have already bankrupt at least once...........and that is why I know that you never trade on FX or maybe don't have account to trade. Image a people listened you and traded on FX for 3 months.....I think he or she will never ever forgive you...
Please when you speak.....take some responsibility for someone who doesn't has so many experience on Forex.
any oil traders out there, if u r bearish on oil you should be bullish on the dollar.
however, i do not expect a sharp pull back in equities as long as no shocks come in the form of large scale bank failures. we made correct down 10pc from current levels for the next few months.
U r probably bearish dollar due to QE. But remember, the fed can reverse stimulus as fast as it put it in place. The fact that dollar replacement is all but not talked about shoudl ring a bell about its prospects going forward.
dollar strength will gradually occur due to improving fundamentals and gradual trimming of usd shorts. the usd bear market started in 1985 in my books.
I hate USD as a traders, but I didn't mean I hate American or USA.
I lived there for 3 years.....I love New York.
Best regards
Qin
I am very bearish USD, just base on the fundamental valuation of the currency. Unfortunately, my home country China still keep buying US debts.
But I believe I am not the only one who is thinking USD and US bond will collapse.
spec, USD is in the bull market??? so maybe I am the one against long term trend??? haha...whatever, as I said many times, if you are so bullish on USD, long it and post it on this blog about your entry point. Let us learn how a financial planner trade on FX.
by the way.....I booked my profits too early today......the pare is diving now.......hope USD rally tomorrow which give me one more chance to short it.......I am praying that NOK will show weakness again......
Good luck!!!
Keep an eye on this story, which i posted on twitter http://bit.ly/16HD6i
Ashraf
i am a financial planner but have background in financial markets and in particular the usd. my economics thesis correctly pointed out the prediction of a usd bear market in 2003.
i realise u r very against usd but u should not be for some time as we are still in a usd bull market. however, for short term trading u can be bearish.
You have a book??? haha....hope the publisher won't bankrupt or been sued, just because they printed your words....
What is your job, spec?? I think you should apply a job in FED and work with Bernake.....learn how to print money and persuade people to buy the money and debts....