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by Ashraf Laidi
Posted: Jan 1, 2011 0:30
Comments: 1846
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This thread was started in response to the :

Ashraf's Book: Currency Trading and Intermarket Analysis

Ashraf's Book: Currency Trading and Intermarket Analysis
 
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 22, 2009 16:10
Gun,
Fari Hamzei's Master Traders;
John Person's Pivot/Candelsticks;
Elder's Trading for Living
Soros' Alchemy of Finance
Reminiscieces of Stock Speculator

these are just some

Ashraf
Gunjack
London, UK
Posts: 1184
15 years ago
Jul 22, 2009 14:50
Hi Ashraf - Do you have a reading list of Trading books that every market speculator should read ( apart from you v insightful book, which I obtained through amazon)

Thanks
Gunjack
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 22, 2009 11:32
carlco, speaking of bridge loans, i think CIT is a great example of delaying the inevitable i.e. bankruptcy.http://www.ft.com/cms/s/0/13f26218-7656-11de-9e59-00144feabdc0.html

rational, i dont see EURUSD 1.58 until late Q4. i see eurusd testing 1.3850s before month end.

Ashraf
rationalbear
, United States
Posted Anonymously
15 years ago
Jul 22, 2009 5:25
Dear Ashraf, since Friday (July 17th) there is a lot of talk about EUR/USD going to 1.47 and then reaching 1.65 again. Do you agree? If not, what's your porjection for the pair short term?
Speculator
Posted Anonymously
15 years ago
Jul 1, 2009 12:52
gorvenments have done the right thing there was alternative that would have been better.
Carlco
bristol, UK
Posts: 151
15 years ago
Jul 1, 2009 11:54
apologies in advance to ask this in this thread.
In hindsight, do you think that letting the financial system default and reset itself, with governments guaranteeing depositors and supplying bridging loans to business where needed, would have been preferential to the walking dead banks and gov. debt levels we see now ?
speculator
Posted Anonymously
15 years ago
Jun 29, 2009 17:16
thanks ashraf,

there will be a stable dollar rally this year as you say.

i do expect USDx to hit the 100 mark over the next couple for years.

whilst this may be too long of a period for traders, i can see it heading that way for the reasons mentioned.

note: us treasuries are highly supported recently pushing down yields and supporting dollar.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jun 29, 2009 16:01
spec, stocks to stagnate (recovries remain partial follwoed by renewed declines) but dollar may not necessarily strengthen as strongly as in H2 of last year thus we should not rely on this USD-stocks relationship 100% i.e. falling stocks to give us stable dollar rather than great rally in dollar. but any stabilization in equities (one cnanot expect uninterrupted selling in stocks) is USD-negative.

Ashraf
speculator
Posted Anonymously
15 years ago
Jun 29, 2009 15:30
hyperinflation can only become about if governments print money like theres no tomorrow on a prolonged basis and debase the currency as a result. the world needed some extra dollars to be created so it has some now.

there has been a huge amount of wealth lost in real estate, stocks and other means and the amount lost could increase. therefore the increase in money supply at current levels would not pose an issue of hyperinflation. the banks are not all that well capitalised with all the money pumped and the circulation of cash is limited due to very weak lending.

hyperinflation is highly unlikely and governments are not printing money to erode their debts but to provide necessary liquidity which is working.

the stimulus packages are not as big as they sound.
stubbs0821
Manila, Phillipines
Posts: 17
15 years ago
Jun 29, 2009 14:32
speculator, if the US does indeed recover faster, inflation will become a threat and monetary tightening will strengthen the dollar no doubt. however, the fear of hyperinflation is surely there due to the massive spending governments have been doing. how do you see this situation playing out for the dollar? TIA