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by Ashraf Laidi
Posted: Aug 22, 2009 3:37
Comments: 852
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This thread was started in response to the Article:

VIX, Oil, BRICS & Sterling's Sell-Appeal

BRICS equity indices fail at key fib retracements, VIX and oil near major trend lines and sterling's sell-appeal hasn't looked this good in a while.
 
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Feb 5, 2010 17:18
casey, get out at 1.07 and take ur loss.


Ashraf
chloethebull
Posted Anonymously
14 years ago
Feb 5, 2010 17:15
hey casey, i wouldn;t sweet it too much the upside to the usdcad in gonna be very limited i think..due to our strong cad data..ashraf told me before the new yr that this is the case..im looking to start to build my large short position on the usdcad its only a matter of time b4 the big boys wanna make 300-400 pips to the down side so don;t sweet it..ashraf is calling for 1.0800 next week but im not sure if hes changed it due to cad job #..gl with ur trade
Caseyfj
Texas, United States
Posts: 8
14 years ago
Feb 5, 2010 17:10
Thanks for the response.

I was going off this tweet - $USDCAD already plummeting. we can do 1.0620 in $USDCAD #forex $$.

Should I hold it or exit it? Or is the daily trend still bullish? Thanks again.
chloethebull
Posted Anonymously
14 years ago
Feb 5, 2010 17:06
heee haww,,gotta love my usdcad making good pips off these crazy swings..another great turn around to bad week ..lol..thanks ashraf for ur guidance..have a great weekend
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Feb 5, 2010 16:59
Casey, i said USDCAD going to 10650 when it was at 10680. i tjought it woudl go to 1.0630 but it bounced back.


Ashraf
Caseyfj
Texas, United States
Posts: 8
14 years ago
Feb 5, 2010 16:50
Man, followed the USDCAD tweet advise and it is going exact opposite! Ahh.
Caseyfj
Texas, United States
Posts: 8
14 years ago
Feb 5, 2010 16:47
Hello, still short usdcad. I was in it for the 1.0620 target. Is this still valid? The US $ seems to be winning the battle. I thank you for your time.
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Feb 5, 2010 16:18
guys i spoke about CAD on twitter all morning long. i hope you followed it.

see latest IMT

Ashraf
chloethebull
Posted Anonymously
14 years ago
Feb 5, 2010 15:19
hi ashraf due to strong cad # would it be wise to add to short usdcad position..or do you still see 1.08 next week?thanks an gl
said
mulhouse, France
Posts: 2822
14 years ago
Feb 5, 2010 14:57
@asad

i have a bottom for dow jones without using fundamental only trechnical. my opinion is that tech lead the way on uptrend and downtrend and much of the talk goes above it.
fundamental is also the analysis of past datas and try to foresee futur movements according to past datas. past dynamic doesnot always make present and future's one.
all that just to tell u that we haven't rocked bottom on OIL so be cautious if u plan any long position.