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by Ashraf Laidi
Posted: Aug 21, 2008 1:37
Comments: 525
View Analytic
This thread was started in response to the Analytic:

Speculators' Futures FX Positions

The weekly figures on traders' futures commitments obtained from the Chicago Mercantile Exchange's International Monetary Market shed valuable light on the developing flows pursuing one currency versus another.
 
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asad
London, UK
Posted Anonymously
15 years ago
Aug 11, 2009 16:29
Ashraf,

Your 68.70s oil call has arrived within hours! How far do you think oil will tank? Also, do you reckon RBS is a good future punt? As in buy now for about an year?


Asad
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Aug 11, 2009 15:17
asad, dont worry about it.. people are busy trading all these FX pairs that represent so many alternatives and today is one of those days where everything is spelled out for you. Risk aversion, rising USD, rising JPY.

i hope everyone's making some nice mint out of all the recent calls

Ashraf
asad
London, UK
Posted Anonymously
15 years ago
Aug 11, 2009 15:12
...and even lower to 66.50s. Short on oil!

P.S. Sorry Ashraf, I seem to be an odd one - the only one - talking about oil here. Wrong forum?
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Aug 11, 2009 11:16
For those of you who didnt take take advantage of the last USDCAD hot chart claling fro 1.0920 and 1.10 when it was at 1.0690. there may be more opportunity towards 1.1030, especially if oil shows more declines from its sub 70.70s towards 68.70s

Ashraf
speculator
Posted Anonymously
15 years ago
Aug 11, 2009 10:55
ashraf, i think postive US data can move it towards 1.60. but we should wait and see what comes out from fed this week.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Aug 10, 2009 20:35
spec, it will have to take some serious UK-specific gloom (banking woes, credit rating woes, negative data surprise) for a breach of 1.60 ot occur. Not to mention, aggressive equity selling, which every VIX traders is now anticipating. I say a successful break of 1.6060 could take us to the next real support which is $1.5720.

Ashraf
speculator
Posted Anonymously
15 years ago
Aug 10, 2009 19:18
ashraf, pretty much probable that cable will reach 1.60 very soon. do u see this as a buying opportunity back up to 1.65 and above?

thanks
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Aug 10, 2009 16:05
houram, NZD is aggrssively rallying here vs GBP, AUD. so maybe it's time to consider gradual shorts here. Ashraf
houram
Vancouver, Canada
Posts: 55
15 years ago
Aug 10, 2009 12:53
Hi Ashraf,
Do you think short NZDUSD is also a good play for this week?
speculator
Posted Anonymously
15 years ago
Aug 10, 2009 11:55
i think we will see shorts reduced on the dollar by friday and increased on the pound vs dollar.
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