Forum > View Topic
by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8936
Posted: Feb 22, 2010 5:00
Comments: 8936
Forum Topic:
Gold, Oil & Indices (Equity & Bond Indices)
Discuss Gold, Oil & Indices (Equity & Bond Indices)
Regardless, I don't understand why this trade was added when you already had the 22nd Feb short at 93.20-93.70 in progress ?
"iii) Gold breaking below its 100-DMA for the first time since 2008";
www.cityindex.co.uk/market-analysis/market-news/7409702013/gold-bullion-vs-miners/?cid=0000215115
Ashraf
Bearish short term on nok 5, 80000 seems to be a good res.
Also bearish short term on oil but i don't see it below 90so i think is better to buy on the dip or being long call 3month
gl
2nd Nov low 94.97 = W.1 or W.A
13th Feb high 98.11 = W.2 or W.B
Today 21st Feb low 92.63 = W.3 or W.C
For the ABC count price should not have gone below 93.94 so I now favour a 5 series still in progress.
Personally I am not keen on signal services in general but Ashraf has enormous experience with inter mkt and currencies (as u know).I prefer to time entries and trade management myself, be selective. No way would I attempt all trade calls.