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by Ashraf Laidi
Posted: Nov 27, 2009 16:51
Comments: 404
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This thread was started in response to the Article:

Gold & Yen's Perfect Desert Storm

Yen strength still eclipsing USD rebounds during risk aversion. while gold's ascent is better gauged against currencies other than the US dollar.
 
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simao
casablanca, Morocco
Posts: 51
14 years ago
Dec 1, 2009 0:12
thnx ashraf , you make a great job
Lawrence
Tennessee, United States
Posts: 14
14 years ago
Nov 30, 2009 22:38
Thanks!! (If I would only pay attention, you've been preaching about JPY strength being greater than USD strength.)
Dominik
Croatia
Posted Anonymously
14 years ago
Nov 30, 2009 21:42
Thanks Ashraf!
zwan
qamishli, Syria
Posts: 25
14 years ago
Nov 30, 2009 21:41
thank you ashraf

thank you ashraf

thank you very much
biba
london, UK
Posts: 2
14 years ago
Nov 30, 2009 21:33
tnx ashraf
biba
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Nov 30, 2009 21:01
biba, not USDJPY not now. better shorting EURJPY and NZDJPY.

Ashraf
biba
london, UK
Posts: 2
14 years ago
Nov 30, 2009 20:40
hi ashraf, all your articles/tweets/videos very helpfull. tnx
q: do you think it's a good idea to start shorting usdjpy at this point? tnx
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Nov 30, 2009 20:29
Hi Rob, tough questions. I would say the implications are more for declining oil rather than an aboslute level of EURUSD. Id say that means EURUSD to remain unable to break 1.53. So, i would use these ratio as an opportunity to bet against OIL, CAD and NZD (risk currency).

TG, next year will do a longer one. Yesterday's webinar was an impromptu.

zwan, Gold stochastics suggest another decline towards 1150 and 1187 still a resistance so careful with your stops.

thks simao. 1.6280 will be tough to break and 1.6150 even tougher. But i see resistance standing firm at 1.6520.

Lawrence, the USDCAD idea is a sound one. you were just unlucky today as oil is up to the Iran business. Look for shorting CADJPY.

Ashraf
Lawrence
Tennessee, United States
Posts: 14
14 years ago
Nov 30, 2009 18:37
Last week, I read with interest you continuing articles about equities hinting at renewed risk aversion and oil on a downward trend. I figured buying USD/CAD was a good move for intermediate term trade. Results so far have me questioning this strategy. Your thoughts?
simao
casablanca, Morocco
Posts: 51
14 years ago
Nov 30, 2009 18:09
hello ashraf laidi, i am mohamed from morocco, it's nice to know man like you, you are from the biggest TA in the world. i have a suggestion about GU , you think we will go to 1.5900 in this coming days ?
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