Forum > View Topic
by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 100
Forum Topic:

Trading, Analysis (Technical/Fundamental)

Discuss Trading, Analysis (Technical/Fundamental)
 
12345678910
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Mar 8, 2010 18:09
this is a good read for someone starting out
http://www.investopedia.com/articles/forex/06/ScalpFundamentally.asp?partner=fxweekly3
Crane
Posted Anonymously
14 years ago
Mar 6, 2010 1:15
First post, but been following for a while.

I have been amazed at Ashraf's analysis for quite some time. He certainly has been a wonderful educator. However, lately he has been a little off, and a little slow on pulling the plug.

I just reviewed all the IMT's that are still posted. I hate to say this, but it has been a tough go of it lately for Ashraf. No one can be perfect, especially in these FX markets.

I have confidence Ashraf will get back on track. I am not sure it will be with this current bearish call on Gold, or picking on the strongest of all currencies lately the Australian Dollar.

As the dollar Index is comprised of over 50% Euro, it has been easy to be right on that call and still be on the wrong side of others, yet still come out ahead. May I suggest as it appears much of Ashraf's analysis is based of the USD index, then stick with trading euro instead of the others.
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 4, 2010 20:46
PPT comes in in last 1-1/2 as they do every day to subtly guide U.S. equity markets higher to close at the high print of the day.
wolf
Melbourne, Australia
Posts: 82
14 years ago
Mar 4, 2010 10:43
thnx mont
montmorency
Abingdon, UK
Posts: 610
14 years ago
Mar 4, 2010 10:38
In part of the 3 Gurus webinar (I only saw part of it, but the rest should be available as a recording) one "sentiment" expert was saying that in terms of sentiment and market cycle, the Euro was probably approaching oversold territory, and he'd be looking to buy soon (but not until the downward momentum had petered out; don't think he'd be going short though). Cable on the other hand had nothing going for it, with downside still to come. Gold was about neutral; he thought it would probably still advance, but I don't think he would buy it. I thought that was interesting.
trader
Posted Anonymously
14 years ago
Mar 4, 2010 5:40
Hi all,

On the daily chart, USDJPY is touching the lower trendline support (~ 88.30) in the downward channel from 8 Jan. Do you think it will bounce up from here ?
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Mar 4, 2010 5:28
Interesting read
http://blog.t3live.com/2010/02/meet-trader-x.html
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 3, 2010 22:05
@callum-intresting you should mention GOLDman perhaps frontrunning a Chinese revaluation by "secretly" and "covertly" buying JPY. Last week Ashraf, I think in a tweet, mention O'Neill at Goldman was declaring China would revalue by up to 5% sooner rather than later.

Regarding your "fresh shorts" above 1.37. All the analysts are out being Weatherman today, pounding the table that euro will be bought on any dip. Just last Friday and Sunday on open same WEATHERMAN were saying euro would be sold any rally.

Again, the wind is blowin' up fo euro, so WEATHERMAN exhalt the masses to buy euro hand over fist. When it breaks 1.35 again, same WEATHERMAN will be screaming what the new downside target is, never ever even mentioning they told everyone to buy all dips in euro.
Callum
Singapore, Singapore
Posts: 179
14 years ago
Mar 3, 2010 19:46
@PippedOff - As for the JPY, I read another analyst suggesting that the rumor on China's revaluation of their RMB will have a strengthening of the JPY. As a light humor, do you think our GS friends have anything to do with secretly buying JPY before the any revaluation story hits the wire?
Callum
Singapore, Singapore
Posts: 179
14 years ago
Mar 3, 2010 19:38
fresh shorts on eurusd above 137?
Report Reply
12345678910