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Oil Weakness May Intensify
Oil sluggishness may risk turning into a faster selloff, especially as the fuel fails to gain on recent USD losses.
Would it be a novel idea to buy into the VIX (go long)? Given that foreclosures have started in Dubai...& w/ so much talk of default going around...the risk appetite will fade sooner or later. What do you think? Thanks!
Asad
1.46/25 is th target.
The funny thing is, for the time being, Gold and Aud, the "leaders of rtisk", have stopped going up. Now they are pouring into trash like eur and gbp. Who in their right mind would be going long those two at these levels.
My other point is simple. In this business, if yolu make a mistake, admit it and move on. There was no admission here. And the mistake was so colossal and out of character that it looks almost suspicious.
i listened but the decision making is mine at the end.
i only try to forecast with elliot counting EMA MACD and fibo retracement.
some of ashraf recom are accurrate and by the way i asked u if ur target was 1.4602 in case ur right and u hadnt answered.
everybody make mistake but check it out IT MIGHT BE AN END RUN.
Did you follow the advice given at this site?
THANKS U CONFORT MY SCENARI
Ashraf
CHOOSE THE GOOD BOTTLE
APPRECIATE HAVING UR INSIGHT; I MA NOT TRADING
MY THOUGHS
CAN ECONOMY IS DRIVEN BY RISK APPETITE AND COMMODITIES PRICES
US FED IS FUNDING THROUGH CHEAP MONEY ISSUANCE A BUBBLE IN CANADA; HOW LONG IT WILL LAST FROM NOW ITS GONNA FEW YEARS; EVEN CHINA WANTS TO BE A PART OF THIS BUBBLE BUT AT THIS POINT THIS IS NOT THE USDCAD PAIRS U HAVE TO WATCH BUT ANOTHER ONE; BUBBLES ARE PART OF THE CYCLES AND ITS DEPENDS WHERE WE POSITION OURSELVES DURING THESE CYCLE
WE HAVE TO BEAR IN MIND THAT SOME FINANCIAL FORCES THROUGH WHAT IS CALLED THE MARKET FORCES IN THE US ECONOMY DESIRES TO ATTIAN AN QUASI EQUILIBRIUM BUT THERE IS GONNA BE ANOTHER COUNTRY THAT IS GONNA UNLEASH ITS POTENTIAL;
SCI FI SCENAERIO
FOR THE 1.0615-7000 LEVEL I DONT HAVE ASHRAF ACCURACY FOR DATAS( I JUST HAVE CMC CHARTS) SO I 'LL HAVE TO WAIT A TARGET POINT TO KNOW THE DIRECTION