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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
 
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jul 23, 2009 15:22
Hey, guys
Unfortunately, CAD made its action before correction.....

I closed my position too early.....

Best regards
Qin
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 23, 2009 13:43
Qin, EUR still unable to CLOSE above above 1.4260s (only tocuhed them) still see testing of 1.3880s very soon. As for Aussie, this is a good place for shorting and taking 70-100 pips incerements.

Ashraf
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jul 23, 2009 11:12
Hey, Ashraf
Did you change your view on EUR/USD will drop to 1.3850? If not, what's kind of news will trigger FX market to have another sell off. Stock?? or some panic news??

I think EUR/USD key support is at 1.40 and 1.3850 should be intact.....
USD/CAD key support is at 1.0950, break the level will make the pare dive to lowest. I hope it will have some correction before the action.
Waiting for the chance to short USD. And I suppose to take the positions through out of this year.

Best regards
Qin
Forexwolf
Auckland, New Zealand
Posts: 39
15 years ago
Jul 23, 2009 11:03
Sorry, Ashraf - I misspelled you name.
Forexwolf
Auckland, New Zealand
Posts: 39
15 years ago
Jul 23, 2009 11:02
Asaf, wha do you see as top-side for USDJPY before moving to yesterday's lows again?
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 23, 2009 10:51
Wolf, yen and dollar are taking it on the chin but still watch 1.6580s in cable and 1.4270s ineuro and whether we do close above those levels. Aussie also waking up from its slumber of yesterday while CAD is relatively weak.

Ashraf
Forexwolf
Auckland, New Zealand
Posts: 39
15 years ago
Jul 23, 2009 5:22
I just noticed a very strong upside movement in JPY during Nikki trading. I was just wondering if that will carry through during London & NY trading.
cougr
Australia
Posts: 101
15 years ago
Jul 23, 2009 2:36
Ashraf ,do you mean 5pm NY time?
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 22, 2009 23:11
Wolf, yes i do. Look how the recent upside moves are increasingly limited. always watch where a currency close in NY. and its gradually dragged to downside.

Ashraf
Forexwolf
New Zealand
Posted Anonymously
15 years ago
Jul 22, 2009 19:41
Ashraf, do you still see USDJPY going to 92.7 near term?