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by Ashraf Laidi
Posted: Jan 15, 2010 4:39
Comments: 92
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This thread was started in response to the Hot-Chart:

CADJPY Redux

 
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rkkashmir
Posted Anonymously
14 years ago
Feb 1, 2010 15:23
Ashraf,

Your thoughts and outlook on gbp/cad at 1.6940 would be greatly appreciated.
KIM443
BRAMPTON, Canada
Posts: 7
14 years ago
Feb 1, 2010 1:45
Thanks Ashraf for your great advice, got that loud and clear

Kamall
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Feb 1, 2010 1:14
Kim, i never said sell USDCAD at 1.0730 i just said its big resistance, but it does NOT mean it will trigger 1.05. USD trend remains strong here. i said on friday twitter sell CADJPY at 84.60-70. so still good short at 85.

Ashraf
KIM443
BRAMPTON, Canada
Posts: 7
14 years ago
Jan 30, 2010 17:18
Hi Ashraf

I am proposing to go SHORT on USD/CAD @ 1.0730, SL(Stop loss) @ 1.08, TP(Take Profit) @ 1.0510, ED(Expected Duration) 10 days. I am basing this on some recent IMTs.

In light of the blow-out USD GDP numbers of Jan 29, would really appreciate your opinion. Or do you have alternative advice e.g CAD/JPY or GBP/CAD...

As u said in your last IMT of Fri 29Jan, there is truly no other source of such accurate altruistic advice!

Best wishes

Kamall
mabedi
mashhad, Iran
Posts: 29
14 years ago
Jan 29, 2010 17:34
Hi ashraf , my Target Usd/chf @ 1.06 ... hitted now.
have nice weekend

Ashraf Laidi
London, UK
Posts: 0
14 years ago
Jan 29, 2010 17:31
mabedi, USDCAD at 0.99 ??? i dont understand you

Ashraf
mabedi
mashhad, Iran
Posts: 29
14 years ago
Jan 29, 2010 8:12
Hi ashraf ,
I have a question.
May usd/cad back to 0.99 level for Big Position ??
Is usd cad prepare for Sell ??
thank you
PippedOff
Canada
Posted Anonymously
14 years ago
Jan 29, 2010 7:13
You won't believe it but I went long cable at 1.6120 and closed at 1.6148. One minute later it got blasted down 15 pips. I couldn't believe it-the Cartel is working in reverse so far today and are BIDDING euro/gbp. Euro was due for a bounce. It is oversold and everyone is shorting it.

I also went long aussie sub-0.8900.

I have limit orders to sell euro and gbp at significantly higher prices should we get a massive short squeeze in front of the U.S. GDP numbers. I don't know how FX will react. An above expectation number could be construed as "risk on", or construed as USD positive.

Therefore I am laying low and will let it settle out for next week.

There is an awful lot of pessimism regarding euro. A good time for the Euro Cartel (lol) to squeeze some shorts and run stops by bidding eur/gbp.
chloethebull
Posted Anonymously
14 years ago
Jan 29, 2010 6:59
hey pippedoff,no..im in all cash waitin to short or long something ..i do have a small gold position..might short gbpcad if canada has a bigger gdp #..not sure what to do with the usdcad..ok gl
PippedOff
Canada
Posted Anonymously
14 years ago
Jan 29, 2010 4:50
Chloe-you have any open positions?
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