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by Ashraf Laidi
Posted: Jun 3, 2009 12:51
Comments: 33
View Hot-Chart
This thread was started in response to the Hot-Chart:

Euro's Channel

 
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TG
Singapore
Posts: 112
15 years ago
Jun 8, 2009 15:23
Hi Asraf,

What you think about shorthing GBPJPY presently, at abt 157ish?
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jun 7, 2009 2:31
Jim, Dow futures were up as much as 110 pts right after the payrolls and ended in the red by end of day therefore that is considered a sharp decline.

Ashraf
jim W
California, United States
Posts: 3
15 years ago
Jun 6, 2009 21:53
Equities didn't drop but Euro broke 1.3970. Elplanation? further dollar strength and gold/ Euro weakness? Thanks
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jun 5, 2009 18:10
Ref, 1.3970 will try top hold, followed by 1.3730. Only substantial drop in equities could test these levels.

Ashraf
REF
Posted Anonymously
15 years ago
Jun 5, 2009 16:46
Dear Ashraf,

Could we see more loses in EUR due the problems with Latvia and the fear of spreading to neighbouring countries?
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jun 5, 2009 16:21
fibb22, eurusd may break below that rising channel support of 1.3970, in which case is likely to be accompanied by selling in equities. But we coudl see susbequent euro support at 1.3750. id still be an aussie buyer of we get towards 0.7860s.

Ashraf
fibb22
California, United States
Posts: 3
15 years ago
Jun 5, 2009 16:15
A couple of questions - do you see the rising Euro channel holing good and the rising AUD etc against USD ? Given the S&P info I am getting inicated we are now at the high on the 5th wave up from March 9 and that a correction is due and may already be underway, then it would it make sense to switch holdings to JPY from a currency risj perspective ?
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jun 3, 2009 18:20
REF: any fresh source of bad news from Eurozone and US is likely to be more negative for EUR especially of net net is bad for overall risk appetite. Winner might be JPY.

Ashraf
REF
Posted Anonymously
15 years ago
Jun 3, 2009 18:15
Dear Ashraf and all,

A general question: in case both EUR and USD were having worse news, which currency people seek refuge in? is it YEN, GBP, or any other currency?

Thanks
simon
gauteng, South Africa
Posts: 23
15 years ago
Jun 3, 2009 15:46
Phew !!! ...... I can't trade at that pace.

I am a couple of days to weeks and months type man.


Great game !


Simon
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