Ashraf's Book: Currency Trading and Intermarket Analysis

How to Profit from the Shifting Currents in Global Markets
Wiley Trading Series - 2008

*Ranked #1 in Amazon's Foreign Exchange and Finance sub-categories


Chapter 1 Gold and the Dollar

  • End of Bretton Woods System Marks Gold's Takeoff Fed Tightening and FX Interventions Rein in Gold Rally
  • Central Banks Gold Sale Agreements
  • Gold-USD Inverse Relation
  • Recent Exceptions to the Inverse Rule
  • Using Gold to Identify Currency Leaders and Laggards
  • Golds Secular Performance
  • Valuing Currencies via Gold
  • Golden Correlations
  • Dont Forget Falling Gold Production
  • Gold and Equities: Hard versus Monetary Assets
  • Gold-to-Equity Ratios
  • The Role of the Speculators
  • Gold Is Part of a Larger Story

Chapter 2 Oil Fundamentals in the Currency Market

  • From a Gold Standard to an Oil Standard (1970s-1980s)
  • Oil Glut and Price Collapse (1981-1986)
  • The Super Dollar of (1980-1984) The Worlds Third Oil Shock
  • World Intervenes against Strong Dollar (1985-1987)
  • Iraqs Invasion of Kuwait and the Gulf War (1990-1991)
  • The Asian Crisis and OPECs Miscalculation (1997-1998)
  • Oil Thrives on World Growth, Dot-Com Boom (1999-2000)
  • Iraq War Fuels Oil Rally, Dollar Flounders, China Takes Over (2002 to Present)

Chapter 3 When the Dollar was King (1999-2001)

  • The Major Theories
  • Annual Performance Analysis of Individual Currencies

Chapter 4 The Dollar Bear Rises (2002-2007)

  • 2002: The Beginning of the Dollar Bear Market
  • 2003: Dollar Extends Damage, Commodity Currencies Soar
  • 2004: Global Recovery Boosts Currencies against U.S. Dollar
  • 2005: Commodities Soar alongside Dollar, Carry Trades Emerge
  • 2006: Dollar Vulnerable as Fed Ends Two-Year Tightening
  • 2007: Record Oil Boosts Loonie, Helpless Fed Hits Greenback
  • Lessons Learned

Chapter 5 Risk Appetite in the Markets

  • Carry Trades in Foreign Exchange
  • Using Risk Appetite to Gauge FX Flows
  • The VIX
  • Futures Flows
  • Corporate Bond Spreads
  • Tying It All Altogether: 1999-2007

Chapter 6 Reading the Fed via Yield Curves, Equities, and Commodities

  • Yield Curves and the Economy
  • Types of Yield Curves
  • Rationale of Inverted Yield Curve Implications
  • Effectiveness of Yield Curve Signals Implications
  • Greenspans Conundrum Proved Bernankes Problem
  • Implications for Growth, Stocks, and Currencies
  • Tying Interest Rates to the Gold-Oil Ratio

Chapter 7 U.S. Imbalances, FX Reserve Diversification, and the U.S. Dollar

  • The U.S. Twin Deficits
  • U.S. Current Account Deficit: Old Problem, New Challenges
  • Adding the Budget Balance to the Mix
  • Financing the Deficits: The Path to Unsustainability?
  • Dissecting U.S.-Bound Foreign Capital Flows
  • U.S. Stocks and Bonds Vie for Foreign Money
  • Capital Flows Shift Identities
  • Foreign Direct Investment and M&As
  • How Long Will Foreign Capital Be Available on the Cheap?
  • Dont Ignore U.S. Investors Flows Abroad
  • Currency Reserve Diversification: OPEC and the Middle East
  • Further Currency Diversification Is Inevitable
  • The View Ahead

Chapter 8 Commodities Super Cycles and Currencies

  • The Current Commodity Cycle versus Previous Cycles
  • Dissecting Commodity Classes
  • Commodities and their Currencies
  • Developing World to Maintain Ripe Outlook for Food and Grains
  • Energy Efficiency Not Enough to Halt High Oil
  • Copper and Gold to Shine on Long Term Fundamentals
  • Commanding Heights or Common Bubbles?

Chapter 9 Selected Topics in Foreign Exchange

  • Revisiting Yield Curves
  • Is Dollar Stability a Necessity?
  • How Far Will Commodities Outstrip Equities?
  • U.S. Politics and the U.S. Dollar
Comments (Showing latest 10 of 10) View All Comments
kuala lumpur, Malaysia
Posts: 0
3 months ago
Dec 4, 2018 2:42 the best arbitrage trading platforms for both professionals and amateurs like me.

Hassa, Saudi Arabia
Posts: 0
5 months ago
Oct 7, 2018 10:31
In reply to supertrader2018's post
I totally agree with you. I've never benefited from Ashraf's signals. His signals always hit stop lose. The last EURGBP, USDCHF, EURUSD are clear proof of his signals.

I will start to go the opposite of his signals. If he goes short I will go long and vise versa.


dublin, Ireland
Posts: 0
8 months ago
Jul 10, 2018 1:31
usdjpy 111.

I warned here it is not a good idea to raise stops. USDJPY is headed 115. If a nontrader like me can see this, why cant a pro like ashraf understand this ?

He is now gone short USDCAD AT 1.31. Just when dollar index is ready and taken support at the 50 DMA, he goes short USDCAD. This is incredible trading.
dublin, Ireland
Posts: 0
8 months ago
Jul 3, 2018 9:34
All trades stoppd.

USDJPY raised stop to 111.9 is 250 pips from entry. That will be stopped as well.

Everything is stopped. Unbeluevable. Each trade is 250 pip stop and all stopped. I have never seen a worse analyst in my life time. Even when you are beginner, you do better. USDJPY rose from 104.6 to 111.3 without much retracement. Ashraf is buzy shorting it and getting stopped. Again he goes stort. He has no clue what is happening in the world or politics.
dublin, Ireland
Posts: 0
9 months ago
Jun 20, 2018 3:20
CADJPY starts the climb....

Ashraf has no clue and went and shorted it. To justify it, he comes with some weird charts about how it failed 85 and hence it means it will fall to 79. Gotta give him the credit for manufacture of the same low quality analysis from the time he started this nonsense.
dublin, Ireland
Posts: 0
9 months ago
Jun 19, 2018 10:11
Ashraf has disabled twitter replies I one replies are visible.

Now watch CADJPY moving higher from here.

I bought at 83. Our conman sgnal guy Ashraf sold it at 83.

He is already out of money by 5 pips.

Wait by tmrw this time he wil be out of money by 110 pips and he will be tweeting about Algeria football matches while cliients are losng money.
dublin, Ireland
Posts: 0
9 months ago
Jun 19, 2018 9:44
Ashrraf new trade is Short CADJPY.

Am going LONG CADJPY. Right here at 83. He goes short at 83.

Just watch this pair move back t 85 and clean him out for the second time in same month.

This is to prove how a bad trader he is...
dublin, Ireland
Posts: 0
9 months ago
Jun 19, 2018 8:10
You have to give to Ashraf as the greatest actor signal guy in the world. After having lost so much, he will still and give a webinar with not a shake iin his voice. Just pure confidence of a man who has zero understanding of how much clients have lost on his signals.

Just watch his confidence as he dolls out fake signals.
dublin, Ireland
Posts: 0
9 months ago
Jun 19, 2018 7:30
He will start gloating of USDJPY which turned down from 111. His stop was 111.3.

Every single trade stopped but he will be talking of USDJPY.

Also 3 other USDJPY stopped since May. Kept shorting it from 105 to 111. Finally USDJPY takes a breather.
dublin, Ireland
Posts: 0
9 months ago
Jun 19, 2018 7:21
AUDUSD is stopped.