Your prescience in many of your predictions is quite extraordinary.
Unquestionably, you have a brilliant analytical mind.
Reading your book now, and for your next revision suggest you correct your error in the intro to Chapter 3: there are 8 major currencies, not 9 as the book notes: USD, CAD, EUR, GBP, CHF, JPY, AUD, NZD.
You do list the correct number of 8 a bit further down from the erroneous paragraph under THE MAJOR THEORIES.
And this is a minor point as I love your site and the work you so freely offer: it's FEBRUARY, with 2 "R's," not Febuary as you have on every post for that month.
Does anyone here use the Commitments of Traders data provided by the US. CFTC for any of the currency pairs? Is it useful and if so any suggestions on interpreting the data and in what timeframe?
hrtrader: I use Prophet and enter symbol @6EH10 (for the Euro Futures contract) and select Chart Settings/Comparison Chart and select GLD. This is not comparing futures to futures, I am still trying to figure out how to do that.
In his book, Ashraf recommends that currency traders look not only at currency pairs, but also compare each currency to commodities (particularly gold) to get a more complete understanding of each currency's true trend. I'd like to be able to chart each currency against various commodities (in Prophet charts if possible). Any tips are appreciated.
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)
Do you plan to come to USA to teach any classes?
Lo
where you see the Aud/USD and Eur/Yen
thanks
Your prescience in many of your predictions is quite extraordinary.
Unquestionably, you have a brilliant analytical mind.
Reading your book now, and for your next revision suggest you correct your error in the intro to Chapter 3: there are 8 major currencies, not 9 as the book notes: USD, CAD, EUR, GBP, CHF, JPY, AUD, NZD.
You do list the correct number of 8 a bit further down from the erroneous paragraph under THE MAJOR THEORIES.
And this is a minor point as I love your site and the work you so freely offer: it's FEBRUARY, with 2 "R's," not Febuary as you have on every post for that month.
have a look at thishttp://www.investopedia.com/articles/forex/05/COTreport.asp?partner=ntu9
it is helpful however time frame to get the desired result could be a couple of weeks - which means that stops have to be wide.
Ashraf