EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
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most of online brokers don't execute your orders, which means if you are making money, they are losing money...........
I doubt spec also work in CMC........maybe they just want you to lose money........be careful.......
I pointed out his his prediction on EUR/USD and USD/CAD during the last few month which is kind of clueless for me........but everyone can still believe his predictions and trading on his recommendation.....
Certainly Ashraf pinpointed the start of the equity rally in March but if you were betting on that you would have lost a lot of money in May as this prediction was based on 2 month cycles and this rally is certainly not over, it has been going on for 6 months.I agree that this site has helped a lot of people who were clueless about intermarket relationships. It always amazes me how technical traders ignore fundys and vice versa. Nobody can predict the point of major reversals so it best to do your own analysis and to expect the unexpected.
why are you saying that Ashrafs predictions are wrong? First of all nobody is 100%, 2nd he predicted the rally for the commodity currencies (AUD, NZD, NOK) against JPY and USD and also he predicted the equity rally starting March for at least 2 months. Alone on these currencies alone you would have made a fortune. Just take a look at the charts between March and July!!! 3rd if you want to trade, then you are looking at the short term i.e. minutes, hours or maximum a few days. What I do with Ashrafs comments and predictions is to get the main trend. There is no way that anyone can predict the when and how much 100% and if you name me one then he must be GOD!!!
spec, you will make good money on your cable short but I hope that you won't lose it with your USD later into Q4. Good luck
I am no currency guru, but my faulty analysis has to side w/ Spec - shorting USD is not a good idea anymore. dare I say that the currency is already oversold!
Let's also read more into the extension of Ben as the Fed Chair. I suspect there has been a bit of devaluation done on by the US, but this is it. A bit give & take and the USD is only going up from here.
& yeah, the market correction is on the cards. In fact e/thing is overdue now. A correction in equities, commodities & currencies. It's more a question of when rather than if...
if you have a look at your record you were wrong last year and right this year so you are hardly someone to listen to. currency forecasting is a 50% chance anyway.
watch the dollar rally hard when fed ends QE and that point stocks will plummet!