Your posts seem like a thriller movie. You open positions...you close...you open...you close! And tell me ONE analyst in the WORLD (apart from Moe) who would advise on opening a long position over $70! Forget everything...if Ashraf's been indicating the oil support levels for the past few days, it could ONLY mean two things...
- Stay short in oil - If oil goes up, open another short position
Now where does long come in?? I'm no Andrew either...but I honestly told you the position I'm trading on. I suggested on the forum last night that I was thinking of opening another short position at 70 (& RagingBull gave me some confidence). I did open it & now oil is around 69. I can break even at 68...but I WON'T because oil is dipping further. Screw technical analysis...there's ABSOLUTELY NO fundamentals to support the current level (let alone 70+).
So you caught the top of the market and went long? I'd like to listen to what position Moe has right now (& if he himself put his analysis into action and went long 70+)...because oil IS on its way back.
If I know these Streeters well...they may well be shorting oil all the way back to 55!
Hey, spec you have said that you would like to long USD everyday.....and you have been talking for it 3 or 4 months....why not just try once.....maybe you are right.....
qin, i would be long USD now if you have already missed the boat. When USDx reached a low a couple of weaks ago that was the bottom for nice long term bet for the dollar.
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)
CAD also plays good here.......good luck everyone!!!!
Good for my positions!
Hello Asad ,
Can i talk with you in private ? on yahoo mess for example ?
Your posts seem like a thriller movie. You open positions...you close...you open...you close! And tell me ONE analyst in the WORLD (apart from Moe) who would advise on opening a long position over $70! Forget everything...if Ashraf's been indicating the oil support levels for the past few days, it could ONLY mean two things...
- Stay short in oil
- If oil goes up, open another short position
Now where does long come in?? I'm no Andrew either...but I honestly told you the position I'm trading on. I suggested on the forum last night that I was thinking of opening another short position at 70 (& RagingBull gave me some confidence). I did open it & now oil is around 69. I can break even at 68...but I WON'T because oil is dipping further. Screw technical analysis...there's ABSOLUTELY NO fundamentals to support the current level (let alone 70+).
So you caught the top of the market and went long? I'd like to listen to what position Moe has right now (& if he himself put his analysis into action and went long 70+)...because oil IS on its way back.
If I know these Streeters well...they may well be shorting oil all the way back to 55!
you have said that you would like to long USD everyday.....and you have been talking for it 3 or 4 months....why not just try once.....maybe you are right.....
don't say I would.....just do it!!!
Good luck!!!
By the way, I just short USD/NOK again.
Ashraf
im very happy to be amember in ur site
i woerk in forex and i love to know more
i see u in CNBC Arabia and i love ur analysis in it
with my best wishes
sorry for my bad langauge