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by Ashraf Laidi
Posted: Jun 10, 2009 18:17
Comments: 208
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This thread was started in response to the Article:

Falling Equities Still Key for Dollar

Intermarket analysis set-up still suggests that fresh equity selling remains the only source of support for the US currency.
 
mo
liverpool, UK
Posts: 123
15 years ago
Jun 16, 2009 17:08
Hello Qin.
Well done for reducing your position size,, now you can sleep much better.
What you doing now, Are actively trading ? or you just waiting for the US dollar strength cycle to end?
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 16, 2009 16:13
Hey, Ashraf
How are u doing today.......Good luck for your trading!!
And thank you for always sharing your idea with us.


Best regards
Qin
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 16, 2009 16:11
Hey, Mo
I used the rally on CAD and cut my positions a little bit, because it hit my one of my USD/CAD short postion on break even.

My positions are light now. I am safer then yesterday.

Thank you for your advice and support yesterday.

Best regards
Qin
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jun 16, 2009 13:20
Quion, lets see how bad the US data will be. probably not today. But i see EURJPY more bearish than EURUSD.

Ashraf
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 16, 2009 11:11
Hey, Ashraf
It seems like today's report is supporting EUR/USD now. I don't know about US market. But do you still think that EUR/USD will go break 1.37??

Best regards
Qin
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jun 16, 2009 9:39
Rob, make sure you always have enough margin and dont overexpose yourself.

Bill, Colin Cieszynski is teh CMC analyst from Toronto whose analysis goes to Canadian clients. My daily analysis is also supposed to be sent along his.

Slaiman, yes H&S in EURUSD is apparent. we could see 1.3610 as next key target now that 1.3770 was broken.

Ashraf



bill younge
Canada
Posted Anonymously
15 years ago
Jun 16, 2009 3:03
Hey Ashraf, Colin who? Never heard of him but please tell me his last name and I will look for him.

Hey, since were name dropping now have you ever heard of Peter Wadkins? He is the the Squawk Box writer at Thompson Reuteurs. His banter is very comedic and insightful. ... once a day if were lucky he makes music references as metaphors to market sentiment. Very poetic. Anyone who trades with FXCM used to have access to his commentary/analysis free from DAILY FX PLUS however recently, Daily FX has replaced their Thompson Reuteurs feed with propriatary commentary. Unfortunate in my opinion. I have since subscribed with Thompson Reuteurs just to read Peter's analysis.

Anyone else have a good source for information?

Bill
TG
Singapore
Posts: 112
15 years ago
Jun 16, 2009 2:30
Hi Ashraf,

Yup, thanks for the EURJPY.

Cheers.
Rob
New York, United States
Posts: 305
15 years ago
Jun 16, 2009 2:26
Hey Ashraf,

You nailed it once again with EUR/JPY at 133.30 -not to mention the CAD/JPY chart - thanks as always, I have losses I need to recoup.

What do they say? - traders only last about 2 yrs. max - I'm on 6 months+ Thanks to you!!!
Rob
New York, United States
Posts: 305
15 years ago
Jun 15, 2009 22:10
Thanks Bill,
I'll go with FXCM, can't trade with CMC with a US address.