asad.....the same thing happen to me too......I short the USD/NOK but covered my position in 5 mins......then I went to have some nap.....just woke up.........I am surprised too...... But I don't long USD as I said before......I only trade on short USD.......rule number one!!!! I don't know the oil......I never say short oil before......
I have said many times that I will get sleeping problem if I long USD.........
Ashraf, your $$ became to -$$.........at least now.......
I couldn't agree with you more!! Believe me, I left my desk at 67.36 (oil)...for ten minutes...and when I returned 68.35! Do you know how much loss it means (given the position I'm in)? This wasn't supposed to happen, right? Oil was supposed to go down. The jobs data ruined it. I don't even know whether I want to go long...
Chloe, not sure if you read my comments yesterday. EVEN THOUGH i own gold (maybe will sell a small portion of my holdings at 1,030-50s), i do NOT think the current rally will take us towards my 1,200 target. I think we will drop back towards 950s and even 920s when stocks retreat further before heading back up. i also like to buy silver on any matrial dip.
EVERYONE, i cannot emphasize wnough the 0.8450s resistance in $AUDUSD, which has been failing since Aug3. Medterm target at PREVIOUS resistance of 0.8260s i.e. 200-pips $$
ashraf...do you see gold breaker 1000 an holding?also why is usd holding up so well when gold is soo near 1000..??do you expect gold to fail sending usd further up in the short term(1.1150)or higher..thanks for your coments, listen to you everyday for guidence..
I closed my positions again......at break even........every strange feeling i got when I was watching my positions............i don't know......maybe I am wrong.....
Short USD/NOK again at 6.061 with 1/3 size now.......there is some huge buyer on EUR/USD 1.420......I guess maybe OPCE national again?? who knows......let see.....if the pare go up.....I will stick with my plan.....
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(2 years ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(2 years ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(2 years ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (2 years ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (2 years ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (2 years ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(2 years ago)
But I don't long USD as I said before......I only trade on short USD.......rule number one!!!!
I don't know the oil......I never say short oil before......
I have said many times that I will get sleeping problem if I long USD.........
Ashraf, your $$ became to -$$.........at least now.......
I couldn't agree with you more!! Believe me, I left my desk at 67.36 (oil)...for ten minutes...and when I returned 68.35! Do you know how much loss it means (given the position I'm in)? This wasn't supposed to happen, right? Oil was supposed to go down. The jobs data ruined it. I don't even know whether I want to go long...
EVERYONE, i cannot emphasize wnough the 0.8450s resistance in $AUDUSD, which has been failing since Aug3. Medterm target at PREVIOUS resistance of 0.8260s i.e. 200-pips $$
Ashraf
Good luck, everyone!
Good luck!!
I was little nervous before the report......because the market was againsting my prediction......
Now I will just watch out of the window and waiting for the chance to do what I have to do....short USD on its rally......I am waiting.....