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by Ashraf Laidi
Posted: Aug 14, 2009 10:23
Comments: 203
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This thread was started in response to the Hot-Chart:

USDJPY Cyclical Peaks

 
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Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 3, 2009 18:28
Said, sorry i was looking at another chart. 23% ON THE DOW is from the 8073 LOW to the 9645 HIGH. 23% of THAT IS 9274. Looks like we will break below it nicely tomorrow. Resistance stands at 9440.

Ashraf
said
France
Posted Anonymously
15 years ago
Sep 3, 2009 18:16
hi ashraf
your fib number is a south china sea latitude
you confused me
can u explain me how u get to this 23. i read actually a 38 by taking the high at 14000 and the low at 6500
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 3, 2009 14:45
anauel. 4 yr peaks only on USDJPY and NOT on other crosses, thought it may affect others.

said, from the 8063 Low to the 9633 high.

Ashraf
said
mulhouse, France
Posts: 2822
15 years ago
Sep 3, 2009 13:06
asraf

i took the high at 14000 to place th fibo and that give a 38. how u get a 23%; that makes 8200
anauel63
london, UK
Posts: 34
15 years ago
Sep 3, 2009 12:08
Ashraf, can you confirm a 4 week cycle on all the yen crosses.
it might not endure too long as markets change but it worth a notice .
thanks,

Anauel 63
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 3, 2009 10:12
Said, Dow stopped right at the 23.6% retracement. Need to see a brief bounce to as high as 9.400. ahead of tomorrow's payrolls before prolonged selling.

Spec, from currentl levels, Id be more comfortable selling cable towards 1.61 and 1.6050 than selling USDJPY.

Again, note that falling NZDGBP, which has more downside.

Ashraf
speculator
Posted Anonymously
15 years ago
Sep 3, 2009 7:33
sorry i meant do you think dollar will weakne more against pound OR yen from current levels over q3
speculator
Posted Anonymously
15 years ago
Sep 3, 2009 7:32
ashraf,

looking at a few month time horizon, do u think the dollar will weaken more against the pound on yen?

i want to a decent price to buy then yen against the dollar what would be your target entry now?
said
mulhouse, France
Posts: 2822
15 years ago
Sep 2, 2009 20:32
hi spec
as u said yeaterday dow took a dalily hit
we reach the 38 fibo retracement
on wave analysis i hesitate on 2 scenario. the first is an already done 5 wave patern meaning we r going down. the other scenario is a pull back a the 9200 9250 level ( we touch today) followed by another leg. notice we have a doji on the 3 month chart
waiting for a confirmation point ashraf
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 1, 2009 16:36
Koka, theres more room in shorting CAD and GBP. USDJPY could well retest 92.00 before mid month. While both USD and JPY are strengthening vs others, USDJPY remains struggling.

Ashraf.
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