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Posts by "bojan"

150 Posts Total by "bojan":
109 Posts by member
bojan
(Arizona, United States)
41 Posts by Anonymous "bojan":
bojan
Arizona, United States
Posts: 111
14 years ago
Mar 5, 2010 5:02
In Thread: GBP
Slater 05


GBP/USD On 1h chart 50SMA oftern serves as support/ressistance, and for a while now GBP/USD was unable to make higher retracement than 1.5140, and now S. Stochastic are showing crossover for a move lower. I see a set up for a short move, however this is taking place before european open, so I will be carefull for one more attempt to break out higher. GBP weakness is already entrenched in FX world and USD strength is evident everywhere so this should be "smooth sailing", at least I would like to think so.
On a daily chart trendline from feb.17 serves as aditional resistance

good hunting

b.
bojan
Arizona, United States
Posts: 111
14 years ago
Mar 1, 2010 13:35
In Thread: USD
Warren Buffett answered my question;

if have to change all his USD into some other currency, what would he change it to;

CHF

Warren's logic; that is the currency where you would loose the least.



b.

bojan
Arizona, United States
Posts: 111
14 years ago
Feb 25, 2010 1:11
EUR/SEK

On a weekly chart pair is approaching the 200 SMA, after about 4 weeks of SEK gains. Daily chart is showing it is ready for a bounce off 200 SMA (Slow Stochastic ). I know the fundamentals are in favour of SEK, but isn't everybody that wanted to go short already did so. I think there is respectable bounce on this pair, on a first sign of pressure release from Euro. Many already made good many on a trade, so there is no reason not to jump ship, and enter at more favourable position. Combination of respectable resistance and some positive euro sign, there is some pips to be made on this pair, and , of course, i know it is very riky.
I would be glad to hear opposing views.

b.
bojan
Arizona , United States
Posted Anonymously
14 years ago
Feb 23, 2010 4:52
In Thread: USD
Ashraf,


I had great success so far playing my trades in USD favor since you indicated it in December, esspecially with MEGATRADE USD/EUR from 1.51. Lately in media you were mentioning there is more USD strength to come. As far as I can notice lately market moves in USD favour regardless of the news. My question is ; in which instances is USD loossing ?

I know that you don't disscuss USD/SEK, but latelly I heard some good arguments to go long on this pair. Do you see big lossess in SEK, in case of more USD strength ?

soooo sorry that i could not make it in NYC.......I'll wait 'till Canada


b.
bojan
Arizona, United States
Posts: 111
14 years ago
Feb 12, 2010 12:14
chloethebull & PippedOff


for a moment I thought i was in your guys e-mail box, than i checked web address and it said ashraflaidi.com
bojan
Arizona, United States
Posts: 111
14 years ago
Feb 2, 2010 6:00
Interesting read "Too big to fail" Andrew R. Sorkin

book about how Lehman, AIG went down, and role of other banks during the collapse. Conversations between top people on WallStreet & Washington about what to do, and how to do it. I would say it is sort of financial thriller.


b.


p.s.

my favorite line, by financial product director of AIG " You should not assume it is correct just because Goldman said it. My brother works for Goldman, and he's an Idiot !"
bojan
Arizona, United States
Posts: 111
14 years ago
Jan 29, 2010 1:02
I like to hear all different views about currencies, but above all I like to hear Ashraf opinion.

here is what George Sorros thinks;

is it in the best interest of the chinese to let the yuan to float?

yes, that would be appropriate for the chinese to do now but for domestic and international reasons.

will they?

it remains to be seen. they do not like to be told. i am only observing, not advising. they do not like to be pushed.


b.
bojan
Arizona, United States
Posts: 111
14 years ago
Jan 28, 2010 0:22
Ashraf,

Lately there is more and more talk about Chinese Yuan, and it's "unavoidable" appriciation on the market. I started thinking about it after I heard this;

Jan. 23 (Bloomberg) -- China will probably let its currency appreciate by at least 5 percent in a one-time move and raise interest rates to cool the economy and curb inflationary pressures, Goldman Sachs Group Inc. Chief Economist Jim ONeill said. --it will definitely happen, and it can happen any day !

It would be good to hear your thoughts on this, and what would be the best way to play it (ETF's)

Thank You

b.

bojan
Arizona , United States
Posted Anonymously
14 years ago
Jan 14, 2010 6:14
raising interest rates, means raising interest on mortgages. I can not even envision that. I have not heard a substantial improvement in mortgage business, esspecially comercial real estate. So, let's hope for the Q4. Raise of interest rates is more of a hope than reality.



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bojan
Arizona , United States
Posted Anonymously
14 years ago
Jan 14, 2010 2:11
Ashraf,

EUR/AUD is approaching "impenetrable" line at 1.5500 on a monthly chart. How do you see "euro defense mechanism" playing this time ? Is it time to get involved, or stay on the bench.

Thank You


b.