Forum > View Topic (Analytic)
by Ashraf Laidi
Posted: Nov 24, 2008 3:56
Comments: 677
View Analytic
This thread was started in response to the Analytic:

EUR Trade Index 18-Year Chart

Daily EURO chart of 18 years of cyclical developments in finance & politics
 
Letisha
St. Catherine, Jamaica
Posts: 156
15 years ago
Oct 1, 2009 17:58
Ashraf,
Would you be able to comment on usdcad?
14raj
India
Posted Anonymously
15 years ago
Oct 1, 2009 16:47
Ashraf,
yesterday you wrote that becoz of high correlation with chicago pmi and ism...the probability of bad numbers from ism is expected. and hats off...now we have the fact. but if i am not wrong then correlation with adp and nonfarm is not that great, so can be there any surprise from nonfarm number?
regards,
rajib.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Oct 1, 2009 16:03
raj, market focusing on bad jobless and bad ISM, while pending home sales are based on signings and NOT settlements. i wrote on twitter resistance still stands at 1.4640s.

Ashraf
14raj
Kolkata, India
Posts: 210
15 years ago
Oct 1, 2009 15:25
Ashraf,
can we expect imminent bounce in EurUsd ?becoz data is bit good for US.
regards,
rajib
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Oct 1, 2009 2:23
AVG, i suggest you also open a long EURUSD position at around 1.4600 for 1.4670 target ahead of what could be a very volatile Friday. But i do expect EURUSD to retreat towards 1.4480s. just not sure when.

Ashraf
A_V_G
Singapore, Singapore
Posts: 38
15 years ago
Oct 1, 2009 2:12
Hi Ashraf,

Thks for ur reply..... I went short at EUR/USD at 1.4526 because the trend was bearish.....
Should I still hold my short position. How far u expect EUR/USD to reach. Your comments are valuable..... How are the USD events/news for today will impact this pair......

Thanks and Regards,
AVG
redstone
bristol, UK
Posted Anonymously
15 years ago
Sep 30, 2009 18:59
Thanks Ashraf. Heard EUR/GPB parity mentioned on the BBC breakfast news NOT from you . Hope that clarifies things for everybody.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 30, 2009 15:10
polluz, makes a lot of sense, especially after todays very hawkish remarks from Norges Bank. A very decent long term trade.

Ashrtaf
14raj
Kolkata, India
Posts: 210
15 years ago
Sep 30, 2009 15:08
Ashraf,
thanks again....yesterday only i was looking for a bounce towards 1.4750 in EuroUsd but u told me that max it was for 1.4690.I again shorted you know near the top of 1.4665 and now enjoying the result.....thanks ....many times you save me from disaster.
Regards,
Rajib
pollux
France
Posts: 23
15 years ago
Sep 30, 2009 14:26
Ashraf, what do u think about a short eur/nok here??
Thanks