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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8935
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Mar 2, 2013 12:54
In reply to Qingyu's post
Thx Q, I am not worried about missing a few alerts in real time occasionally. Indeed Ashraf works through the night sometimes so I can't expect to catch everything in a timely manner.

I use the premium service more for studying AL's rationale behind each trade he calls. I am convinced the short term fundamentals have a great influence upon his perspective for any given trade, even though he claims the technicals take priority. I don't understand how his read of monthly and weekly stochastics can feature so strongly for what amounts to short term swing trades of typically 120 pip moves. He never features one hr stochastics and often his daily stochastic can be in o/b territory when calling for longs or o/s territory calling for shorts. His stochastic work doesn't make a lot of sense to me, yet he attains fantastic results much of the time.

I am not suggesting that stochastics are the only technicals he looks at but they do feature strongly in the analysis he presents to us. Has to be a lot more to it than that because stochastics are a lagging indicator simply following price action.

I am always interested in what others are doing with their trading methodology. This is how we sort the wheat from the chaf to filter which bullets we want to add to our own clip. Regardless of what others do I always judge entries and trade management myself so I am not looking to follow Ashraf on exact entries, TP levels and stop placings. I am not looking to over trade, I prefer to play selective trades with larger size than I could contemplate attempting too many consecutive trade. My MM rules are rigid.

My opinion is that Ashraf has an exceptional "feel" for the shorter term fundamentals and the likely impact upon the markets, however dumb the mkts can often be. He matches this to technicals which are not complicated---classical chart analysis. I look for when he is bending the technicals to fit his fundamentals perspective.

I have to admit I am still not satisfied with my "inter market analysis" skills which is the reason I joined this site in early 2010. Correlations tend to change around about the time I get a handle on them and explantions are not always clear. Communications on this facet would be best served on a one to one mentor basis. I doubt there is anyone more skilled than AL on this topic.

Qingyu
manchester, UK
Posts: 1763
11 years ago
Mar 1, 2013 19:00
In reply to DaveO's post
u can try hotmail for email service, i did fight real time through email with ex-GF. :P
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Mar 1, 2013 18:44
Ashraf, thanks for resending the email on sms alerts. I am aware of the advantages but have my mobile switched off unless travelling. Not a problem as I expect to miss the occasional alert. The twitter alerts work pretty well for me unless I am sleeping. Email is dependant upon my BT server, anything up to typically 20 min delay, sometimes immediate, can never rely on BT for good communications.
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Mar 1, 2013 18:02
In reply to Ashraf Laidi's post
Ok thanks, I missed your comment at the time. eurgbp--- yes agree but still time for that one to come good to 8690, maybe 8704 on pattern development.
Ashraf Laidi
London, UK
Posts: 0
11 years ago
Mar 1, 2013 17:46
Dave,

Here is why the oil “short” trade was NOT considered as filled.
The trade was to short oil with an ENTRY RANGE of 93.40-93.80 at a TIMESTAMP of Feb 26, 10:15 ET (15:15 GMT).

Although the trade was filled at the time I WROTE the trade, by the time I PUBLISHED it on the website at 15:15 GMT, oil had already hit a high of 93.44,15 mins before it was published on the site. Therefore clients who would have received that trade would in NO WAY have entered inside the 93.40/80 range.

EURGBP is another one. We had a target range of 0.8650-0.8690, but the market went as far as 0.8685 before dropping lower. Therefore, we consider the trade as “In progress” even though some clients may have exited at a profit.


Ashraf
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Mar 1, 2013 17:17
In reply to Qingyu's post
Stratfor are tops for geopolitical analysis. We were talking about best locations for the future. Read them for the next "empire", maybe 50 yrs hence.
Adhami
Karachi, Pakistan
Posts: 0
11 years ago
Mar 1, 2013 16:53
Test test test
Qingyu
manchester, UK
Posts: 1763
11 years ago
Mar 1, 2013 15:46
http://www.stratfor.com/weekly/china-tests-japanese-and-us-patience
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Mar 1, 2013 12:00
We have 100, 200 DMA's and the 61.8% level clustered 90.90/90.20
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Mar 1, 2013 11:36
george, nfp next week, never on Friday the 1st !