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by Ashraf Laidi
Posted: Feb 25, 2010 18:11
Comments: 168
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This thread was started in response to the Hot-Chart:

AUDNZD Looking for a Turn

 
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Ashraf Laidi
London, UK
Posts: 0
15 years ago
Mar 3, 2010 15:38
rkkashmir, 1.2950 was the resistance from Jul 2008 and we broke it hence it is called the resistance failed. As for shorting NZDJPY it would be a hedge to long NZD vs short AUD. AUDNZD was clearly a wrong call, but Im not yet abandoning my bearishness on the pair for the reasons I mentioned in those previous IMTs.

Ashraf
nzvik
Auckland, New Zealand
Posts: 225
15 years ago
Mar 3, 2010 15:36
if you want to bet against the aussie vs the kiwi - just do it on the cricket field :)))
rkkashmir
Posted Anonymously
15 years ago
Mar 3, 2010 15:28
someone please explain this excerpt from the latest IMT: AUDNZD shorts may consider short positions in NZDJPY especially as AUDUSD and AUDNZD continue to fail those important resistance figures addressed in this IMThttp://chart.ly/ d9v4r2 ***

WHICH FAILED RESISTANCE LEVEL IN AUDNZD IS HE REFERENCING - THE PAIR is now trading at 9 year highs, up 200 pips today alone. What resistance?
Ashraf Laidi
UK
Posted Anonymously
15 years ago
Mar 3, 2010 15:26
Sorry guys for not coming in earlier on this. i made few updates on AUDUSD on twitter. AUDNZD continues to break out of that 1.30 resistance putting this trade deeper in the red. But bear in mind that AUD is unable to push to new highs vs USD and JPY which could signal a retreat in the AUDNZD later this week on the same rationale.

LATEST IMT http://www.ashraflaidi.com/forex-news/


Ashraf
rkkashmir
Posted Anonymously
15 years ago
Mar 3, 2010 14:44
what a ridiculous brag by Asdhraf on the first 70 pip move in his favor on the aud.nzd pair.

I don't even see a red down tick in this pair, ever!

1.311 now-up 200 pips today alone.

And yet NO MENTION of this from Ashraf.

Gold corrects to 1136, and three minutes later back to 1140.

I warned you all to cover.
radu
bucharest, Romania
Posts: 203
15 years ago
Mar 3, 2010 14:36


Tough luck
I was stopped out from my aud/nzd
chloethebull
Posted Anonymously
15 years ago
Mar 3, 2010 14:30
@juan..its been my experience..when ashraf is not responding...it prob means hes sticking with his call...or hes very bizi...hope this helps an gl
rkkashmir
Posted Anonymously
15 years ago
Mar 3, 2010 14:25
Finally, great call Juan.

He's been off by 250 pips.

But on this same pair when he was right the first 70 pips, thats all we heard about in tweets and IMT.

Good people here have been fleeced and raped by his 1020 gold call, and aud.nzd nonesense.
rkkashmir
Posted Anonymously
15 years ago
Mar 3, 2010 14:23
He was wrong.

audnzd now at 1.31. Wow! When will you all give up?

Good time to cover those gold shorts here at 1138.5.
Juan
Rio, Brazil
Posted Anonymously
15 years ago
Mar 3, 2010 14:23
It sure would be nice if Ashraf commented on this AUDNZD freight train. I didn't take the trade, but judging from the price looks like it has gone the wrong way for many fellow traders.

@ASHRAF: Are you still maintaining your bearishness and if so, how high do you see this thing going? It is within 8 pips of 1.0400!!!!
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