Forum > View Topic (Hot-Chart)
by Ashraf Laidi
Posted: May 4, 2010 14:02
Comments: 347
View Hot-Chart
This thread was started in response to the Hot-Chart:

What's Next for Aussie?

 
1...8910111213141516171819202122...35
forextrader
vologda, Russia
Posts: 127
13 years ago
Dec 28, 2010 13:42
It is hard to be USD bullish when the fed is talking about 2ND Quantative easing program .(( More dollar printing ))

One hope for you guys who are short the AUD/USD is if the EUR/AUD was able to hold 1.30 and form a double bottom
chloethebull
halifax, Canada
Posts: 1183
13 years ago
Dec 28, 2010 13:28
hey dave, the china hike was 1 of the most important things that i was basing my trade off,an im a lil dissappointed to see risk appitite move higher off it :( just goes to show the strength in gs-jpm- ben an the boys ...i guess currancy markets can be manipulated just as easy as stocks:( gl
forextrader
vologda, Russia
Posts: 127
13 years ago
Dec 28, 2010 13:07

Dave you are the voice of wisdom in this forum you are not a blind sheep.
@chloethebull if you keep doing this, sooner or later you will lose your trading account 100% granted last time you where lucky, maybe this time you will also be lucky but there is no grantee that it will work third time.
DaveO
UK
Posted Anonymously
13 years ago
Dec 28, 2010 12:52
Hey comon guys, the last thing I read from Ashraf on the audusd was several trading days ago. "A CLOSE ABOVE PARITY WILL KILL THE H&S PATTERN"

Volume is low which makes it extremely easy for the "priviliged" trading teams to ensure that risk appetite prevails into the year end, especially in stocks. AUDUSD is a risk appetite animal ime. Likewise eurusd and gbpusd etc. The usdchf was highly likely to make new lows when it took out the 6th Dec pivot low @9725. Commodities also tend to move the risk appetite direction.

No surprises for me during the last few days (except china rate rise). Fading market direction is your choice but always carries high risk !

I suggest you take a look at the last 50 yrs and see how the santa rally almost always plays out. Bonuses is the key word my friends :-)
chloethebull
halifax, Canada
Posts: 1183
13 years ago
Dec 28, 2010 12:51
@boli..ashraf admitts when hes wrong..he admitted to the gbpusd trade when it went against us,but soon after he admitted the gbp collapsed :) 1 of the things im hopeing to llearn @ashraf workshop is how to cut through his noise an extract the solid info we need to be better more nimble traders:) gl
chloethebull
halifax, Canada
Posts: 1183
13 years ago
Dec 28, 2010 12:45
@this rate i won;t be able to afford his workshop in jan lol..:( keep thinkn back around the 10th of dec when my plan was to stay flat going into the holidays(my exact words were "no need to get all stressed out b4 the holidays" with a trade going against me lol:( anyways i felt the same way when ashraf called up the gbpusd trade an that too went against me but in time it worked itself out.i still think the aud trade will work itself out just gonna pay the interest/rollovers on my position an hope it turns around:)..don;t forget that usdcad trade which is in buy territory:) gl guys
Boli Mekura
Guam
Posted Anonymously
13 years ago
Dec 28, 2010 12:36
@FX-12

See my previous post. It explains what is Ashraf's problem. He never wants to admit some of his calls went wrong. After all nobody is always right. But Ashraf pretends he is always right. Now we are seeing the result of this.
chloethebull
halifax, Canada
Posts: 1183
13 years ago
Dec 28, 2010 12:35
this strength in upward move has been made possible without the feds help, whats next the fed coming out an talkn about deploying qe2 lol..1more nail in the coffin for all my trades:(
mo
liverpool, UK
Posts: 123
13 years ago
Dec 28, 2010 12:34
chloethebull@ I been squished out this morning with 2000 loss , I was shorting the pair at 98.6. Happy new year LOL
FX-12
TNDO, Canada
Posted Anonymously
13 years ago
Dec 28, 2010 12:33
But why he is confidently calling euro below 1.3 in this thin market . see what happened to usdjpy,nzdusd,audusd short all went to hell see when audusd was at .99 he called for .9780 and nzdusd at .7350 he called for .7280 now all are 400 - 300 pips away , what happened to his USDJPY call that also went down 200 pips .. now what will happen any of you can say ?? tomorow morning he will come with same old story, volatality, take care about levarege and all lol .. anyway booked loss what else to do ..
Report Reply
1...8910111213141516171819202122...35