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by Ashraf Laidi
Posted: Jan 5, 2010 18:55
Comments: 279
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This thread was started in response to the Article:

More Euro Losses Ahead

More losses in the euro are seen ahead despite rallying oil prices.
 
New Pip
birmingham, UK
Posts: 84
14 years ago
Feb 25, 2010 7:22
Cool,

I don't understand people like Steve O who come to Ashrafs site, take the time to read his analysis and witness the near perfect calls, but yet they are blinded by their own egos.

Why can't they just leave - No one is holding them back.

They are legends in their own minds :)
coolshades
UK
Posts: 53
14 years ago
Feb 25, 2010 6:45
steveo,

i have made tons of pips after considering Ashraf's analysis even as we speak, my cable and GBPJPY are sitting on a nice bank of 200 pips from yesterday. this is IN ADDITION to my usual trading system.

Ashraf is not infallible but all of us here who support him and believe in his analysis, are also mature people ourselves and take our trading decisions ourselves.

now be a good boy and dont let the door bang you on your posterior as you leave.
TG
Singapore
Posts: 112
14 years ago
Feb 25, 2010 4:23

Steve O :

Please note that this is a FREE service, followed by free Quality Analysis.... Mr Ashraf is not here to babysit us, the ideas are given.... it is for the individual to decide on the "game plan" .... if you find someone who is perfect, .... followed by FREEE........... Please be so kind as to let us Know!

So please dont come here to distract.... thank you.
PippedOff
Canada
Posted Anonymously
14 years ago
Feb 25, 2010 3:58
@steveo - 93 yen? We are at 89.50, and heading south!
Steve O
United States
Posted Anonymously
14 years ago
Feb 25, 2010 3:52
Mmmm 93 yen. Guess its better to talk about your winners? Ashraf gives no clear trades just fundamentals. Sure if u can take a 200-300 pip stop then it might work out. Never has he clearly defined his risk/reward set-ups.
Pipster
birmingham, UK
Posts: 111
14 years ago
Feb 18, 2010 11:08
Guys,

Why is it so quiet in the forum and the markets
Xaron
Munich, Germany
Posts: 528
14 years ago
Feb 18, 2010 8:42
This link should work, sorry:http://tinyurl.com/y994d4t
Xaron
Germany
Posted Anonymously
14 years ago
Feb 18, 2010 8:41
The US will get its own "Greece" stuff in a few months latest. The "safe haven" status of the Dollar will be history. That can become really ugly. I think Gold might be the best insurance against and FIAT money.

"Even according to the White House's new budget projections, the gross federal debt in public hands will exceed 100 per cent of GDP in just two years' time. This year, like last year, the federal deficit will be around 10 per cent of GDP. The long-run projections of the Congressional Budget Office suggest that the US will never again run a balanced budget. Thats right, never."

( from: Niall Ferguson: A Greek crisis is coming to America -http://www.ft.com/cms/s/0/f90bca10-1679-11df-bf44-00144feab4
9a.html )
aviat72
New York, United States
Posts: 12
14 years ago
Feb 18, 2010 6:39
Ashraf:

Whenever you have the time, do share your thoughts about the end-game to the PIIGS crisis.

I agree with you that the EMU will likely stay intact; there is too much at stake. However, the holes are fairly big.

How far do you see the current crisis and the revelation about the off-balance sheet sovereign debt affect Euro's credibility as a reserve currency? The likely fall-out is greater appetite for hard-assets/commodity currencies. This can result in a situation where the DXY rises because of the weight of the EUR/GBP, while commodities also rise as reserves held in Euros seek other alternatives. Possible??

BNP is out with a EU320 Billion estimate for a bailout package.http://www.bloomberg.com/apps/news?pid=20601109&sid=a.yAFN.xKOIg&pos=15

Do you think that such a package will go through? How much of it is going to be QE style money printing and how much will be loans? Will the IMF get involved (like suggested by Irwin Stelzer for the UKhttp://www.businessweek.com/news/2010-02-17/cameron-should-mull-u-k-plea-to-imf-stelzer-says-update1-.html).
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Feb 18, 2010 1:01
Those who saw last week's EURUSD HOTCHART were EXPLICITELY shown that 13850 will hold. It did. Many started panicking when it went to 13750 13770 but 13780 held nicely.

YES GOLD DID BREAK ABOVE 1117-18 trend line resistance but false breaks are common. now back down and 1020 intact.

Ashraf