hi hashraf..i was just wonder were u see usdcad??do u see further upside or is it startn to weakn...it has recovered lots off its lows of 1.0200...an after it bounced off 1.0710..im just tryn to figure out my exit point...i would like to see 1.0775but am unsure if that is reasonable to reach...ok thanks for ur opinion an all the best
I was not at all worried about spending the $79 and had absolutely committed myself to getting it just as soon as I'd obtained and read the hardback book (which got delayed in shipping apparently). I just was afraid of not being able to understand the workbook without having first read the hardback book; i.e. I was afraid of confusing myself by reading them in the "wrong" order. As it turned out, I didn't wait, and not long after that last posting purchased the workbook. Fortunately, soon after, Sat 24th to be precise, the hardcopy book arrived in the post after all, so I am very happy now. Just working my way through the hardcopy book, which I am sure will make the workbook more understandable & relevant. Thanks again for all the hard work on the book, the workbook, and on this site. Apologies if I didn't make my meaning clearer previously.
montomrency, i believe there were very few copies of my book left so not sure if it is out of print now. You seem to be very worried about spending the extra $79 for the Workbook. 79 is the equivalent of 70 pips in a recular spot fx contract. this Workbook material is knowledge that retail traders will never find welewhere. The Table of Contents speak for themselves. So yes, the more knowledge about intermarket charts the better.
As for my printed book, every other page has a chart, from oil and interest rates in the 1970s, to the different FX reactions in the 1991 Gulf War and the 2007 crisis.
1.55 is likely but i think out of all the majors the euro is the only one that will strengthen against the dollar in the shorter term. risk aversion has put the lid on euro strength vs dollar so it may be a battle as US equities seem to be topping and entering corrective mode.
the yen, cad, pound likely to go lower. My expectation of a weaken yen and rising euro against dollar took place over the last week.
my belief of a strong dollar rebound this quarter and in to next is still valid as the dollar index maintains key support at 75 despite being beaten by the euro and so heavily speculated against.
the dollar is certainly bottomoing out and i still believe the fed will tighten up early next year and will start to give credible signals well before.
I would come out of equities now in fact i will next week!
montmorency, I think the best way to learn about FX is to learn the history of the economics and compare different charts in the history........hope you can find some clues from the book......
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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)
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Ashraf
I was not at all worried about spending the $79 and had absolutely committed myself to getting it just as soon as I'd obtained and read the hardback book (which got delayed in shipping apparently). I just was afraid of not being able to understand the workbook without having first read the hardback book; i.e. I was afraid of confusing myself by reading them in the "wrong" order. As it turned out, I didn't wait, and not long after that last posting purchased the workbook. Fortunately, soon after, Sat 24th to be precise, the hardcopy book arrived in the post after all, so I am very happy now. Just working my way through the hardcopy book, which I am sure will make the workbook more understandable & relevant. Thanks again for all the hard work on the book, the workbook, and on this site. Apologies if I didn't make my meaning clearer previously.
Now it's my turn to put in some hard work.
Best regards,
Montmorency
As for my printed book, every other page has a chart, from oil and interest rates in the 1970s, to the different FX reactions in the 1991 Gulf War and the 2007 crisis.
Ashraf
the yen, cad, pound likely to go lower. My expectation of a weaken yen and rising euro against dollar took place over the last week.
my belief of a strong dollar rebound this quarter and in to next is still valid as the dollar index maintains key support at 75 despite being beaten by the euro and so heavily speculated against.
the dollar is certainly bottomoing out and i still believe the fed will tighten up early next year and will start to give credible signals well before.
I would come out of equities now in fact i will next week!
EURO/USD....GOING TO HIT 1.600?
Bindu R