Forum > View Topic (Hot-Chart)
by Ashraf Laidi
Posted: Dec 2, 2009 21:33
Comments: 475
View Hot-Chart
This thread was started in response to the Hot-Chart:

Aussie Dressed up but where to Go?

 
Karan
Singapore, Singapore
Posts: 83
15 years ago
Jan 26, 2010 13:19
Hi Ashraf,

Do you see Equities recovering further from here and if so,
would Aud/Usd be a good long at current levels?


thanks,

karan
Ashraf Laidi
UK
Posted Anonymously
15 years ago
Jan 24, 2010 18:56
cyprus, yes audusd may see 50 day MA and many other pairs. The idea here is to see how RARE these dead crosses happen. it was a big deal for EURUSD because it had only happened twice in past 5 years/. thats why eurp fell 200 pips after i mentioned it in the article. it already occured in GBPUSD>

Ashraf
Cyprustrader
Limassol, Cyprus
Posts: 1
15 years ago
Jan 24, 2010 15:37
Ashraf,

Your analysis on Eur/Usd and the "Dead Cross" was very enlightning, thankyou.

Do you see a similar scenario on Aus/Usd, the 50MA is curling over and getting quite close to the 100MA.

With Gold approaching support at 1072 USD and commodity sentiment down, I can see a possible trigger for the Ausie to unwind the carry trade built up since Mar 2009?

[URLhttp://img11.imageshack.us/i/audusd24jan.gif/][IMG]http://img11.imageshack.us/img11/6411/audusd24jan.th.gif[/IMG][/URL]
FrankBrit
Frankfurt am Main, Germany
Posts: 73
15 years ago
Jan 22, 2010 22:25
Ashraf - in fact you're busy all the time ... here, Twitter, articles here and elsewhere ... a veritable one man army. It's just that I can't read as fast, or as much as you're writing! I noticed some IMT's today touching on some meaty ideas on the macro side - notably at 12.28 ET. Weekly momentum on the yielders starting to look very sickly now ... Nice w/e.
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 22, 2010 20:06
Probabilities rising for another "Black Monday" heard 'round the world.
said
mulhouse, France
Posts: 2822
15 years ago
Jan 22, 2010 19:57
thanks ashraf
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jan 22, 2010 19:06
frank, i just wrote an artcile that preceded a 200pt decline. i cant write all the time.

Said, audjpy cadjpy gbpusd usdccad were far clearer to me than USDCHF. as i said on twitter today, SNB did TALK DOWN SWISSIE ( tweeted it right after it happened.

Ashraf
said
mulhouse, France
Posts: 2822
15 years ago
Jan 22, 2010 17:26
@FRANKBRIT
@ASHRAF

SWISSIE AT 1.09 AS A CARRY TRADE SOUND PROBABLE KNOWING THAT WE RE HEADING TO BOTH YEN AND DOLLAR STRENGHNING;

@ASHRAF
AT THIS LEVEL U STILL DONT BUY USDCHF?

THXS
FrankBrit
Frankfurt am Main, Germany
Posts: 73
15 years ago
Jan 22, 2010 16:32
@ said - that's true ... even though the CT is nowhere near the scale of its heyday (I think I read somewhere it's about a third of the peak level - but maybe I'm mistaken). Anyhow, it's still a factor to be considered - the question is how much? Only time will answer that one.
said
mulhouse, France
Posts: 2822
15 years ago
Jan 22, 2010 15:53
@FRANK
IT WILL ALL DEPEND HOW THE UNWINDING OF POSITION IN CARRY TRADE WILL GO.
SWISSIE MIGHT BE THE CARRY TRADE FOR A MOMENT