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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3119
Forum Topic:

Commodity FX (CAD AUD NZD NOK)

Discuss Commodity FX (CAD AUD NZD NOK)
 
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chloethebull
Posted Anonymously
14 years ago
Apr 6, 2010 16:24
hi ashraf...do u see any break in this strong rally in the short term with crude pulling back.?also do u see 80buk oil?thanks gl
chloethebull
Posted Anonymously
14 years ago
Apr 6, 2010 14:57
is there any1 adding usdcad or crude shorts @ these levels???gl all
said
mulhouse, France
Posts: 2822
14 years ago
Apr 6, 2010 14:26
ASAD ASHRAF
I SEE LOONIE AT .98
DONT U THINK OIL HAS MORE ROOM TO GO UP.
asad
London, UK
Posted Anonymously
14 years ago
Apr 6, 2010 14:24
Ashraf,

Your analysis was spot on! Obviously, what it didn't factor in (& shouldn't) is the brazen manipulation taking place on the head of low volumes. Again, your technical & fundamental analysis was correct. Oil SHOULD, and WILL, trade lower...


Asad
chloethebull
Posted Anonymously
14 years ago
Apr 6, 2010 12:45
ashraf..do u see usdcad goin beyond parity ?also is parity sustainable for any long period of time?thanks
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Apr 6, 2010 11:01
My analysis on oil and CRB has been wrong in the latest article.

But looking at CRB daily and weekly, you will notice the right shoulder resistance standing at 280. Thats also the 61.8% retracement of the decline from the 294 high to the 257 low.


Ashraf
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Apr 5, 2010 20:46
Well compare UST yield curve Jul 2008 and today... the recovery commodities and S&P rally is an excess liquidity rally ...if FED were more hawkish and mops up liquidity the rally will falter ... so what can they do? I assume US Tsy won't like rising yields as Treasury continues to auction a glut of bonds to fund a record budget deficit...and a lot of due bonds are about to be rolled over, too. The easiest
action si to verbally play down the recovery...because the worst that can happen in terms of govt securities is economical recovery if one is going to auction some more US$ trillons of debt.
chloethebull
Posted Anonymously
14 years ago
Apr 5, 2010 20:14
gl catnip...im waiting for fed to make there move...i was thinking mayb fed is trying to prop up markets b4 earning season..know things are not well...over shoot the markets,gold,crude,so when companys dissappoint the correction not soo violent..crude @ 87 suddenly falls back to 80..were as if they left it around 80-83..earnings might push back to 70buk level..too much of a drop an too strong of a usd...not good for recovery...also if every1 wants to talk about global recovery +us recovery..i would think the fed has to be much more hawkish than what they are...lol..does what im saying sound correct or am i rambling crazy guy who just can;t accept that the world is ooookkkkk..lol..i appreciate any of the more seasoned traders take on this rally..thanks an gl
Ginger
UK
Posted Anonymously
14 years ago
Apr 5, 2010 20:12
Catnip
Good luck with your copper short. I'm thinking of doing the same soon.
G
juno1
UK
Posts: 52
14 years ago
Apr 5, 2010 20:03
Could be good call Catnip. Good luck.
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