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16 Currency Pairs Analysis Every Night

  • #61
  • Dec 27, 2007 9:12am Dec 27, 2007 9:12am
Quoting jont
Thank you Vahid for the time you take to answer all our questions. I appreciate your obvious experience that you express and show when answering them.
Could I push you a little bit further on my previous question however?
If ALL 16 pairs show good signals (unlikely, but for example sake only). What FOUR or EIGHT pairs would you choose, so that you are NOT doubling up on a trade. For example, all pound crosses: GBP/JPY, GBP/EUR, GBP/USD, GBP/NZD, GBP/CAD, GBP/AUS, which of these trades would you consider be a doubling up on the same trade? Also the yen crosses, and the dollar crosses?

Thank you Vahid, I appreciate your time spent answering my question.
Hello my friend,

Thanks a nice question I love to answer.

So let's say all of the below currency pairs show good and clear signals:
GBP/JPY, GBP/EUR, GBP/USD, GBP/NZD, GBP/CAD, GBP/AUS

Here is their ranking for trading:
1. GBP/AUS (highest volatility). Of course the spread is usually high but for swing trading is really a good CP.
2. GBP/JPY
3. GBP/NZD
4. GBP/USD
5. GBP/CAD
6. GBP/EUR

Among all the 16 currency pairs, if all of them show good and clear signal at the same time, I prefer to trade GBP/AUS, GBP/JPY or EUR/JPY.

Hope this is the answer you wanted. If not I will be happy to explain more.

Best regards,
Vahid
  • #62
  • Dec 27, 2007 9:14am Dec 27, 2007 9:14am
Quoting me_sa245
hi Mr Vahid

thanks for your clear and perfect analysis & coments.
pls keep publishing this coments every nigth.

" yashasin hamshahri "

good piping
buy
Hello,

Thanks my friend. I am dedicated to you nice people.

Best regards,
Vahid
  • #63
  • Dec 27, 2007 9:16am Dec 27, 2007 9:16am
Quoting anyhowtrade
Hi Vahid,

I really enjoyed reading your reports. They are straight to the point, extremely clear, and certainly very helpful to any trader. Thanks and I really appreciate the hard work you put in your analysis.

Keep up the good work! May the pips be with all of us
Hello my friend,

Thanks for your kindness. I am happy that I can be any of help.

And the pips will be with us if we learn to analyze and control our emotions.

Best regards,
Vahid
  • #64
  • Dec 27, 2007 9:18am Dec 27, 2007 9:18am
Quoting msmsms
mr vahid,

ok , i will stop reading analysis done by others, will only concentrate on your yours. concise and simple. i wish i know you earlier, on the first day i started trading.

god bless you.
Hello my friend,

Thanks for your kindness. I am glad that I am doing good and you are happy with what I do.

But please don't stop reading the others analysis if you have time. Everybody can see something that the others can not see.

Best regards,
Vahid
  • #65
  • Dec 27, 2007 10:01pm Dec 27, 2007 10:01pm
Hi everybody,

The 28 December Report is released.
  • #66
  • Dec 28, 2007 7:23am Dec 28, 2007 7:23am
  •  jont
  • | Joined Nov 2007 | Status: Catch the fire and catch the wave | 27 Posts
Quoting Vahid
Hello my friend,

So let's say all of the below currency pairs show good and clear signals:
GBP/JPY, GBP/EUR, GBP/USD, GBP/NZD, GBP/CAD, GBP/AUS

Here is their ranking for trading:
1. GBP/AUS (highest volatility). Of course the spread is usually high but for swing trading is really a good CP.
2. GBP/JPY
3. GBP/NZD
4. GBP/USD
5. GBP/CAD
6. GBP/EUR

Among all the 16 currency pairs, if all of them show good and clear signal at the same time, I prefer to trade GBP/AUS, GBP/JPY or EUR/JPY.

Hope this is the answer you wanted. If not I will be happy to explain more.

Best regards,
Vahid
Thanks Vahid for your reply.
I am trying to think of a potential "basket" of about four currencies that can be traded at the same time. However, trading the GBP crosses surely is doubling up on the same trade to a degree? I know that EUR/USD and USD/JPY move fairly independantly of each other (though they move at a snails pace). Can you think of a mix of 4 pairs that trade independantly (to a degree) of each other?

thanks again
  • #67
  • Dec 28, 2007 8:32am Dec 28, 2007 8:32am
Quoting jont
Thanks Vahid for your reply.
I am trying to think of a potential "basket" of about four currencies that can be traded at the same time. However, trading the GBP crosses surely is doubling up on the same trade to a degree? I know that EUR/USD and USD/JPY move fairly independantly of each other (though they move at a snails pace). Can you think of a mix of 4 pairs that trade independantly (to a degree) of each other?

thanks again
Hello,

As you know Forex market works based on USD. Anything that you buy and sell will be converted to USD first. So when you buy GBP against JPY, the money you have in your account will be changed to USD, the USD will be changed to JPY and then the system will buy GBP with the JPY that you have.

So any changes in the USD value affects all the currency pairs even those that you can not see the USD in their name. So all the currencies are dependent to each other somehow.

But if you like to have 4 currency pairs that move almost independently, I can say: GBP-USD, GBP-AUS, GBP-NZD and EUR-CHF.

Best regards,
Vahid
  • #68
  • Dec 28, 2007 9:28am Dec 28, 2007 9:28am
  •  jont
  • | Joined Nov 2007 | Status: Catch the fire and catch the wave | 27 Posts
Quoting Vahid
Hello,

As you know Forex market works based on USD. Anything that you buy and sell will be converted to USD first. So when you buy GBP against JPY, the money you have in your account will be changed to USD, the USD will be changed to JPY and then the system will buy GBP with the JPY that you have.

So any changes in the USD value affects all the currency pairs even those that you can not see the USD in their name. So all the currencies are dependent to each other somehow.

But if you like to have 4 currency pairs that move almost independently, I can say: GBP-USD, GBP-AUS, GBP-NZD and EUR-CHF.

Best regards,
Vahid
Thanks Vahid,
I will pause from any more questions here, I will closely look at these 4 pairs. Personally the GBP-NZD whips a little to much for my account. Some 1 minute candles can whip 250 plus pips! You can not use a stop loss on such a pair.

thank you
  • #69
  • Dec 28, 2007 9:32am Dec 28, 2007 9:32am
Quoting jont
Thanks Vahid,
I will pause from any more questions here, I will closely look at these 4 pairs. Personally the GBP-NZD whips a little to much for my account. Some 1 minute candles can whip 250 plus pips! You can not use a stop loss on such a pair.

thank you
Hi,

You can ask as many questions as you like.

I suggest you to try EUR-USD or AUS-USD. GBP-USD is good too.

Best regards,
Vahid
  • #70
  • Dec 28, 2007 11:14am Dec 28, 2007 11:14am
Vahid,

Just want to thank you for your commitment and effort.


Peace

V
  • #71
  • Dec 28, 2007 11:22am Dec 28, 2007 11:22am
Quoting indianguyinny24
Vahid,

Just want to thank you for your commitment and effort.


Peace

V
My pleasure
  • #72
  • Jan 3, 2008 8:28pm Jan 3, 2008 8:28pm
Your charts are great! I will continue to look at your charts to see where the market is going. Thanks for your post Vahid.
  • #73
  • Jan 3, 2008 9:53pm Jan 3, 2008 9:53pm
Quoting Landerson79
Your charts are great! I will continue to look at your charts to see where the market is going. Thanks for your post Vahid.
You are welcome.
  • #74
  • Jan 3, 2008 10:30pm Jan 3, 2008 10:30pm
Vahid,
How are you doing today? I just read your analysis and you said that 1.9752 was not broken on the gbp/usd pair, but it did break!.
  • #75
  • Jan 3, 2008 10:36pm Jan 3, 2008 10:36pm
Hi vahid

your explanation help me a lot to know more about forex market

can i know what broker that u used?
  • #76
  • Jan 3, 2008 10:43pm Jan 3, 2008 10:43pm
Hi Vahid

i think GU gonna bounce up after it reach 1.9442,

i hope i can get your comment on this

thank you vahid,

p/s your chart and anaylisis so good.
  • #77
  • Jan 4, 2008 6:32am Jan 4, 2008 6:32am
  •  Trader#0000
  • | Status: Unregistered Trader
Hi Vahid, just noticed that on your site that you haven't uploaded any analysis for today (4th)?

I always look forward to reading your take on the market.

All the best.

CHECKstar
  • #78
  • Jan 4, 2008 10:10am Jan 4, 2008 10:10am
Quoting AmeriTrini
Vahid,
How are you doing today? I just read your analysis and you said that 1.9752 was not broken on the gbp/usd pair, but it did break!.
Hi,

It is still early to say. It is trying to break but I can not say it is broken.
  • #79
  • Jan 4, 2008 10:11am Jan 4, 2008 10:11am
Quoting CHECKstar
Hi Vahid, just noticed that on your site that you haven't uploaded any analysis for today (4th)?

I always look forward to reading your take on the market.

All the best.

CHECKstar
Hi my friend,

Yes; Sorry about that. I had a seminar here in my place and so I couldn't publish the reports. I will keep you updated for the next week.
  • #80
  • Edited 2:34pm Jan 4, 2008 10:14am | Edited 2:34pm
Quoting Chire
Hi Vahid

i think GU gonna bounce up after it reach 1.9442,

i hope i can get your comment on this

thank you vahid,

p/s your chart and anaylisis so good.
Hi my friend,

I am sorry but what do you mean by GU. I think you are talking about GBP-USD. Ok in this case, as far as I can see so far, it is going up and down around the support line and has not been able to break it so far. I think it will go up but it is still early to go long.
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