Q&A with Analysts - Page 3

DailyFX Analyst · #31 (**permalink**) 05-14-2007, 12:01 PM

Thank you for your questions. They will all be answered this Friday in our Weekly Q&A recording

ahmedalhoseny · #32 (**permalink**) 05-15-2007, 10:44 AM

Hello
1/What is the differences between DSI & SSI

2/ what is the other types of indexes that reflects the positions in markets and how we can use them !!

Regards

#33 (**permalink**) 05-15-2007, 09:09 PM

Quote:

Originally Posted by forexinsights13

I have always been very fascinated by Tom De Mark's TD Sequential Indicator. From time and again I have found it to be very effective in predicting exhaustion points with pin point precision. Do Kathy and Boris also use this in their trading process ? I have heard that some top fund managers in London swear by it.

Now I just wanted to check it on the DOW especially since it has been making all the market noise these days. Well it wasnt a surprise when i tried TD Sequential on monthly and daily charts.

On the monthly we have already completed the golden 13 in April so we are merely on the reversal month though we are above the last month's close I wouldnt doubt that the end of the month would see us well below it. Confirmation that we are near comes from the daily which shows that we are fast approaching 13. (5/7) was the #11. So 2 more to go before we see the big plunge

(.. or should it be

) for currency traders esp Cross and Dollar Bears. There is also a lot of fundamentals and economic reasons to believe that we are indeed near the top.

Once again though Kathy and Boris. Your daily analysis is absolutely superb and gives me a lot of market insight in my daily trading so a BIG THANK YOU FOLKS !

Can you inform me as to where you are accessing the TD indicators?

Andypk · #34 (**permalink**) 05-16-2007, 05:25 AM

hellow educators,

regarding USD/CAD chart, currently RSI is moving back from 27 to 29, once it breaks up 30 level, will this generate buy signal for the pair?
RSI does well in range bound market.in the current environment if we look at the attached graph, should we call it a ranging market or trending market(downword). did i draw fib line correct?

Please through some light on MACD & how we can interpete MACD line & MACD signal line, when they cross each other from top to bottom or from bottom to top.

ahmedalhoseny · #35 (**permalink**) 05-16-2007, 06:30 PM

Hello
What is the difference between the (( normal COT report consists of the 3groups Commercial, non comm and non reportable )) and the COt report in dailyfxcm

Regards

NewGuy · #36 (**permalink**) 05-17-2007, 09:22 AM

I have noticed that there is an inverse relationship between the price of gold and the strength of th USD. As the USD gets stronger during the day, it seems the price of gold go down. Can u explain this relationship?

serhito · #37 (**permalink**) 05-17-2007, 12:49 PM

Dear Kathy and Boris,

For someone who does not have a full time access to the market, i find it difficult to keep up to date with all the economic releases. Could you please highlight the datas that should be followed in order to forge a good opinion on a specific currency ? USD, EUR, CHF, JPY, AUD, GBP, CAD.

Also, I would like to congratulate you for the great website that you have. There is so much good information given with simple explanation. Do you by any chance have a link where we could give you suggestions or features requests ?

Thanks.

pedersen.forex · #38 (**permalink**) 05-17-2007, 01:45 PM

Kathy and Boris,
I read an article by Jamie Saettele, about the significant top of the GBP/JPY. Do you think that this could be a top for the carry trade in general? If the GBP/JPY drops significantly do you think that it will cause the other carry trades to depreciate significantly as well?

RISKEE · #39 (**permalink**) 05-17-2007, 04:19 PM

Hi Kathy and Boris , Thanks alot for the great efforts and Knowledge that you two provide , I have 2 questions please :

1) What is the best combination of Indicators you use in making a final decision before opening a position ( based on a technical view besides fundamental analysis ) ? Including O/b,O/s indicator and trend indicators .

2) For short term trades , which time scale should be used ( 10,15,30 min or one hour ) ? what is the good limit to be set for short term trades ??

Thank you Sincerely.

freedemo13 · #40 (**permalink**) 05-17-2007, 10:53 PM

I recently read the article "How to Trade the UK Retail Sales Report with the GBPUSD" and noticed a reference to post-news guidelines, which makes me wonder what are these mysterious guidelines?

Thanks
Newbie

Pradeepunni · #41 (**permalink**) 05-18-2007, 12:59 AM

Dear Kathy Lien and Boris Schlossberg

What ever i know in commodities is from the Dailyfx website: Now i am in need of some information on currency risk hedging

I would like to know what are the different methods to hedge currency risks:
I would like to know how to hedge through forward contracts: where do I get the information of the process?, quotes, how to determime the best forward rates say between India and Europe : that is INR and EUR

How do i hedge through the futures market:??

Please give me some leads / source of books . websites on the same/

Regards
Pradeep Unni

jragonzero · #42 (**permalink**) 05-18-2007, 01:13 AM

Hello again Kathy, Boris,

My question this week relates to the USD rally. Wednesday night / Thursday early morning: The dollar came off a big rally during wednesday and steadied off during night time (around 11pm EST). I used an RSI 14 and saw that it was tipping above 70 and thought this might be a good time to enter short on the dollar. I waited for it to cross back down past 70 to 69 and went short USD/JPY. If it did dip, I didn't think it would dip too much, I thought I could get away with 10-15pip on the short position before it corrected. Shortly after, the dollaryen went up 7 or 8 pips and went back above 70 RSI. Overnight the dollaryen gained 30 pips and it triggered my stop lost. On thursday I wasnt at the computer much but I think the dollaryen hovered around 80 RSI. I didn't think there was any event risk between when I entered (1am thursday morning) and 8am (thursday morning). Given there was an event that rallied the dollar at 8:30am EST, but even before that the dollaryen didn't reverse due to overbuying.

Was it even overbought since it was such a sharp rally within a short period of time (2 days)? Should I not have shorted at 69 there? What did I overlook this time, and what other indicators could have forcast this pair's direction? Did I just read the RSI wrong?

My next question is about dailyfx.com. First off, I love how insightful the site is and I love the new podcast daily wrap up mp3s. I'm sure dailyfx's website could be viewed on a smartphone, but I was wondering if the rates would show too since its a java applet. Also, I wanted to know if there was a download link to the daily wrap up podcasts and the friday Q&A podcasts (since last week's was about 30 minutes long), where I could download them to an mp3 player if I have no time to sit down and listen to them.

My last question is, does fxcm plan on developing the trading station to be compadable with smartphones like a treo?!

Thanks Kathy, Boris,

I hope to meet you guys this weekend in NY! =)

Have a good weekend everyone.

Ariel · #43 (**permalink**) 05-18-2007, 01:18 AM

Hi Boris, hi Kathy.
I'm Ariel. I just want to say that I love what you're doin and You've done a great job.
Anyway I just found out that there's a website claimed to be provided by you two named FOREX ADVISOR under investopedia.
My question is do ytou guys really doin that ?
I haven't sign up with that site since there are so many scam.
But I'm hoping that I can get a direct answer from you two.
If so, I'm really interested to joint.
Thanks

forexinsights · #44 (**permalink**) 05-18-2007, 01:51 AM

Quote:

Originally Posted by Syd172

Can you inform me as to where you are accessing the TD indicators?

Syd172 Unfortunately TD indicators can be found as an indicator on the Bloomberg terminals which costs mucho dinaro

.. So well I do them manually on my ESignal Daily Charts. His TD Sequential rules are cool enough to spend 5 min every evening.

forexinsights · #45 (**permalink**) 05-18-2007, 02:09 AM

Hi Boris and Cathy,

Once again folks thanks for your time and did I say I love every article that gets published on dailyfx.com!..

My question is about the USD/JPY rally. As of 5/18 2 AM EST. it was languishing in the 121.25-35s for a couple of hours. On the charts there are multiweek 61.8 % Fib extensions coming in the 121.15-20s area which possibly explains for the consolidation. Considering that we are also forming a possible head and shoulder with the upper shoulder line in the same area. Do you folks think Dollar is headed downtown for the short term ?? this maybe conflicts with dailyfx outlook of a longterm higher dollar (Maybe u folks are friendly with Treasury SecHank Paulson

)). Considering some of the fundamentals also being in favor : Dow fighting similar 61.3 % in the 13480s making consistent lower volume days. Also we have the memorial day weekend coming next week aka Oil spikes ?(where historically dollar has had some sharp moves ?).. and oh well also Chinese markets making parabolic rise.

All said and done if everything seems so obvious why does the dollar show undefiable strenght.

Lastly there were some Fed report which showed that MoM Money supply has been increasing. Doesnt higher money supply mean weaker currency ? Maybe I am wrong :?

Thanks again for the great work
ForexInsights

forexinsights.blogspot.com