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by Ashraf Laidi
Posted: Sep 11, 2009 14:18
Comments: 103
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This thread was started in response to the Article:

Unusual FX Action?

Broadening USD weakness is joined by broad yen strength rather than weakness could have implications for FX view on appetite.
 
adamcpf
Portugal
Posted Anonymously
15 years ago
Sep 23, 2009 19:06
Hi Steven, I don't know if you have heard of FXBootcamp, it's run by Wayne McDonell. I done a 1year membership. It was very informative. I learned a lot. If you or anyone else for that matter need some more info, just email me @ adamcpf@gmail.com.

Adam
Steven Blyth
London, UK
Posts: 148
15 years ago
Sep 23, 2009 16:51
Regarding trading education. Can anyone recommend a program to follow or course to take. Im developing my book knowledge and absorbing Stocktwits.tv and everything i can get my hands on. Just feel like i need to take some formal practical program.

Steven
said
mulhouse, France
Posted Anonymously
15 years ago
Sep 23, 2009 15:44
eh bojan
i used to live in langkawi in malaysia and i met a trader on the beach doing hisbread. i said to myself this is what i am gonna do.
one advice, get a foray on elliot wave analysis and go to bob prechter EWI website. that work hard on indices but it is a perfect tool combined with fibonacci on forex.
find a well explained book on elliott wave analysis and fractales theory.
bojan
Arizona, United States
Posts: 111
15 years ago
Sep 23, 2009 14:43
Steven,

I deal wiht two forex brokers, no spred betting. I read and watch (tv eyes) everything that is connected to currencies on bloomberg and cnbc. Read forecasts from several different fx banks, and websites to get trading ideas, meanwhile i study charts all day long to validate some trading ideas (directions), and to create some of my own.Currently i am going over ashraf's book for the second time before I do this online workbook. Basicaly, I am trying to plug myself in on TV, internet, books as much as it is possible. I am not a professional, or can live off of forex for right now. I am trying to gain knowledge and understanding of this creazy market so i can live off of it. I love it.
nzvik
Auckland, New Zealand
Posts: 225
15 years ago
Sep 23, 2009 13:37
Ashraf,

There appear to be rumours floating of the Fed talking to dealers on using reverse repos.

If true and also indicated by the Fed statement today - whats the impact you are expecting ? Equities down and dollar up ?

thanks
Steven Blyth
London, UK
Posts: 148
15 years ago
Sep 23, 2009 12:41
Bojan. What are you day to day tools you use for trading and analysis. I feel my spread betting platform is limiting.

Steven
bojan
Arizona , United States
Posted Anonymously
15 years ago
Sep 23, 2009 11:55
thanks Steven,
it is a definetly valid point of view. I decided to stay out of AUD/JPY. Looks to me that somebody is buying at 80.00 level, and they don't ask how much you got, they just buy all the that is offered.
Steven Blyth
London, UK
Posts: 148
15 years ago
Sep 23, 2009 9:59
Bojan. Look at Chris Gagnons article on Stocktwitsfx :http://stocktwitsfx.com/2009/09/21/how-i-will-trade-the-fomc/
bojan
Arizona , United States
Posted Anonymously
15 years ago
Sep 23, 2009 8:01
Ashraf, or anybody familliar with AUD/JPY with constructiv view of the pair direction.

Looks like the pair run into barrier of the invisable wall at 80.00 level. One view to view this ishttp://www.youtube.com/watch?v=YQqyeWBZrLQ&NR=1, and on the base of some many indications, bears will have to let go and join the bulls.
Personally, i am trying to find clearer position for the pair, bear or bull, or even just to forget about it untill market gives a clear signal of direction.

thanks
rajesh68
Singapore
Posts: 60
15 years ago
Sep 23, 2009 1:10
Hhi Ashraf, Can you please discuss different scenarios of FOMC outcome. Thanks