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by Ashraf Laidi
Posted: Nov 27, 2009 16:51
Comments: 404
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This thread was started in response to the Article:

Gold & Yen's Perfect Desert Storm

Yen strength still eclipsing USD rebounds during risk aversion. while gold's ascent is better gauged against currencies other than the US dollar.
 
goldman
gt, Sweden
Posted Anonymously
15 years ago
Jan 26, 2010 20:22
hello Ashraf
what do you thinke about gold for this time
alive
New Jersey, United States
Posts: 5
15 years ago
Jan 26, 2010 20:17
Ashraf, as per your recent IMT USD will maintain its strength despite equity strength.
do you expect the same strength against JPY or just risk currencies? thanks.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jan 22, 2010 19:02
mont, yes you can do long USDCAD and short USDJPY. OR, long EURCAD and short EURJPY



Ashraf
montmorency
Abingdon, UK
Posts: 610
15 years ago
Jan 22, 2010 14:33
@Ashraf: For those whose brokers don't offer CAD/JPY, is there a way to simulate this?
I seem to remember you covering this sort of thing in the past, but I can't remember where.

Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jan 22, 2010 13:53
kashmir, lets see where USDJPY does close. if it clsoes < 90.90 then 93 will have to wait for a while.

but the CADJPY chart never stopped giving. 85.30 is key 50% retrcmnt, but weekly chart may show 84 next week.

Ashraf
rkkashmir
Posted Anonymously
15 years ago
Jan 22, 2010 4:12
Ashraf-

Now that usd/jpy has broken support of 90.30 and 90.10, how much risk is there of a major dive in usd/jpy?

Would the current 25/30 pips below 90.10 (89.85/80) be considered a major breach and trip the stop runners into testing the stops?

I will be watching you on CNBC Europe today.
asad
London, UK
Posted Anonymously
15 years ago
Jan 21, 2010 21:41
Ashraf,

My heartiest wishes & congrats for successfully completing one year on this Forum. (I wanted to send you a card at CMC...but unfortunately, I had been away).

And what can I say that hasn't been said before you & this Forum...so I'll just say a simple 'thanks' (& the rest, ofcourse, you know...in what sight I hold you).

God Bless & keep the good work going... :)


Asad
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jan 20, 2010 11:01
rim, yes i gave a link on that story from the FT on twitter on Monday.

Dubai downside risks not finished but now we're dealing with China

Ashraf
rim
Turkey
Posts: 121
15 years ago
Jan 19, 2010 15:46
Dear Ashraf ,

Today in some news about Dubai debt payment will not occur is written . Have you heard

anything about it ?

You have said Dubai crisis will emerge in January . Time shows you are right ?
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jan 18, 2010 23:16
Radu, my answer regarding this charthttp://chart.ly/extzaz
OR THIS chart: http://www.ashraflaidi.com/charts/speculators-futures-fx-positions.asp

The RED BARS are the the number of NET LONGS or NET SHORTS in JPY vs USD (or EUR vs USD). Therefore in the case of JPY chart, the LATEST net longs/shorts shows about -23K (contracts are in RED therefore are in the LEFT hand scale as is indicated inside the chart).

This coincided with a USDJPY price of about 91 (closing price of that week) as indicated in YELLOW on the RIGHT hand scale. NOTE in the case of USDJPY AXIS, i scaled USDJPY price in INVERSE SCALE, meaning that as we GO UP THE SCALE, the NUMBER goes DOWN, which means that the YEN goes UP.

Ashraf