Forum > View Topic (Hot-Chart)
by Ashraf Laidi
Posted: Aug 24, 2009 15:09
Comments: 49
View Hot-Chart
This thread was started in response to the Hot-Chart:

NZD's Overshoot vs GBP?

 
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 3, 2009 0:22
Asad, thanks for the CMC plug in. But as an advice to you and others. ALWAYS good to use more than one FX/CFD broker. not only it diversifies your streaming news, order-entry, prices, but for the obvious reason of always placing diffrnt eggs in diffnt baskets.

Wolf, yes.

Ashraf
asad
London, UK
Posted Anonymously
15 years ago
Sep 2, 2009 23:54
Gunjack,

CMC news feed is PRETTY good - DJ wire. Real-time to the second! If I'm correct, you get the SAME information that a Goldman or Morgan trader would get in SAME time.

I believe it works w/ all browsers (I initially ran it on Mac Safari). The ONLY problem you'd face - I faced it - is if you don't have Windows OS. I have Mac OS & I had to install Windows on my Mac (now my Mac runs BOTH Mac & Windows OSs *glee*). Otherwise, it runs like a dream.

But hey, if you DO take up an a/c w/ CMC, WHY would you do it online? You could download the platform on your machine (strongly recommended!)...
Forexwolf
Auckland, New Zealand
Posts: 39
15 years ago
Sep 2, 2009 23:51
Ashraf, are you short GBPUSD & short NZDGBP?
asad
London, UK
Posted Anonymously
15 years ago
Sep 2, 2009 23:46
Ashraf,

REALLY?! You work for CMC? :p You think we don't have televisions? You're a famous man, my friend! Don't underestimate yourself. As I said, Blankfein has his eyes on you! He's thinking of filling the void BDT left at GS... :p
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 2, 2009 23:15
Raulin, you're right. NZDGBP was out of the money by about 80 pips before coming down towards the aforementioned target. If you have the ability to trade NZDGBP (instead of GBPNZD), not only you have LOWER MARGIN but nearly double your money (profits or losses) when you convert to GBP. this is a great trade on carry trade unwinding.

Ashraf
raulin
london, UK
Posts: 65
15 years ago
Sep 2, 2009 22:02
Hi Ashraf great analysis as usual ..you need to remind people that you need at least 300 pip stop loss for this pair as it can swing violently for 300 pips ..a pair that I like with great upwaqrd potential is eur/cad it has halted at 78.6 fib on the weeklies and made nice WOLFE wave with 1.72 target but again big stop loss
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 2, 2009 21:46
Jack, the datafeed from CMC is from Dow Jones. (i work for CMC by the way). Aside from market analysis from myself and other analysts, you'd also find analysts from IDEA Global on individual FX pairs, as well as key US macro data. Other brokerages have analysis from other companies such as Thomson and 4cast.

Ashraf
Gunjack
London, UK
Posts: 1184
15 years ago
Sep 2, 2009 14:48
Hey Asad - How good is the news feed/data service by CMC compared to IG. Also is it compatible with google chrome

Thx
Gunjack
asad
London, UK
Posted Anonymously
15 years ago
Sep 2, 2009 14:28
So for all & sundry deprived of a Reuters/Bloomberg terminal...just open a CMCa/c & all the info is yours...
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 2, 2009 2:50
TAHA, ASAD, yes, most FX/CFD platforms have news providers (Dow Jones, Reuters, MNI) that supply Chinese data

Ashraf