Citation:
Posté par MB219TR
Dear Madam and Dear Sir,
I would to ask you a question,According to the exchange rates:
what would be the exchange rate £/$ short - term (1month) = ?
what would be the exchange rate £/$ midle - term (6month) = ?
what would be the exchange rate £/$ long - term (12month) = ?
and
what would be the exchange rate £/€ short - term (1month) = ?
what would be the exchange rate £/€ midle - term (6month) = ?
what would be the exchange rate £/€ long - term (12month) = ?
what is your advice might be.
Yours Sincerly,
MAHIR -
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Dear Mahir,
What are the possibilities of a zero interest rates regime on the global financial terrain
in the 1st month,6th month and a year from now?
What are the possibilities of Crude oil, Gold, NYSE,NASDAQ,FTSE and other commodities in
rallying or declining in value for the 1st month, semi anually and anually?
What are the possibilities of war erupting in another economically vital hotspot/region in a
month, 6 month and a year from now.
What are the possibilities of an economical new world order, arising from the financial
Armageddon, in part, being sponsored by some media, in the short term, medium term and long
term?
Think, Man..
Your question was based on ''would be''... mine was on ''possibilities''...You need to think
of what the market might be in terms of possibilities, not in terms of ''will''.
Life is a paradox, just like the Universe, or the markets,from what Schrodinger deduced in
his atomic theories in the field of Chemistry.
No one knows the exact time when a particular event would take place,ALL the time..That is
the trading paradox..Else trading would have guarantees and the word ''speculation'' might
not exist in its glossary...
Citation:
Posté par fasi26
If there's going to be a rebound or retracement, fasi, I think its
better we put a buy stop
on cable @ 1.4900, 1st target @ 1.4935..2nd target @ 1.4985..3rd target @ 1.5135...with a
stop loss @ 1.4805...Please check your risk to reward ratio before taking any
trades.
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thnx buddy i got the 1st target and the all credit goes to you. can we hav a chat on some
other source????????[/quote]
No probs...just check my contact info, mon ami...
Greeetings, Ladies and Gentlemen,
Due to some minor connectivity glitches for some days now,my contributions to this thread
was delayed..but I thank God for everything...
For the short term, a la mahir,we could put a sell stop gbpusd @ 1.4618..1st target @ 1.4595..2nd target
@ 1.4560..3rd target @ 1.4525..
For the medium term, we put a sell stop on GBPUSD @ 1.4465..1st target @ 1.4425..2nd target
@ 1.4385...3rd target @ 1.4305...5o pip sl away...Remember to take half profits when +20
pips away,while shifting sl to entry.
"If you want to know your past, look into your present conditions. If you want to know your
future, look into your present actions." ...Chinese Proverb