Hy Ashraf , On StockTwits I follow you ( of course :)) and i take a look to Fari Hamzei (if i remember good , you recomand his book in a older post ). Btw , i will buy yours books by a friend of mine from London (the Amazon delivery in Bucharest is not pretty good :) in 10 days i think . Regards
New Pip, no worries. GBPUSD bounce never got to the 1.5850 resistance we mentioned earlier.
radu, stocktwits can be quite the tool if you select your followers carefully
Chloe, have you considered shorting EURCAD as a hedge for your long USDCAD as i said on Friday. The trade is is up over 240 pips. Check out the HotChart. it is WEEKLY so it will NOT go back down righta way. see the resistance at 1.0440.
As for USDCAD, market looking at 1.0315-10 which is a previous resistance from Jan-Jul 2008. A break/close below 1.03 should take us to 1.0175.
hey ashraf..any advice for my situation..lol..were @ 1.0330..my acct is under water but still lots of free equity can;t get stopped out..do i just batten down the hatches an wait for the usd to bounce back..??can we go lower?has there been any chatter on stronger usd..?do u fore see usd stength any time soon??ok thanks for your help all the best..also is too late to hedge usdcad vs eurcad
the pound is quite possibly the worst currency based on fundamentals and global needs. On a valuation point of view for cable it is not heavily overpriced but is always exposed to speculative attacks in which we are currently experiencing.
If you didn"t do that already , then try to download and install StockTwits Desktop-there , is a link to that in 1 october Ashraf IMT"s ...i can say this program is very , very usefully to us...
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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)
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)
Ashraf
Hy Ashraf ,
On StockTwits I follow you ( of course :)) and i take a look to Fari Hamzei (if i remember good , you recomand his book in a older post ).
Btw , i will buy yours books by a friend of mine from London (the Amazon delivery in Bucharest is not pretty good :) in 10 days i think .
Regards
Hy Ashraf ,
radu, stocktwits can be quite the tool if you select your followers carefully
Chloe, have you considered shorting EURCAD as a hedge for your long USDCAD as i said on Friday. The trade is is up over 240 pips. Check out the HotChart. it is WEEKLY so it will NOT go back down righta way. see the resistance at 1.0440.
As for USDCAD, market looking at 1.0315-10 which is a previous resistance from Jan-Jul 2008. A break/close below 1.03 should take us to 1.0175.
Ashraf
Found it - Got the link now and will be setting it up once I get home.
Thankyou
Hy New Pip ,
If you didn"t do that already , then try to download and install StockTwits Desktop-there , is a link to that in 1 october Ashraf IMT"s ...i can say this program is very , very usefully to us...
Nothing was directed at you, and I have followed you very religiously and understand you are bearish on cable.
The reason I posted I wanted to get an opinion as to how far the pullback on cable would go.
I am still short at 1.5780
Congrats in making CMC forcasting number 1