Forum > View Topic
by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3117
Forum Topic:

Commodity FX (CAD AUD NZD NOK)

Discuss Commodity FX (CAD AUD NZD NOK)
 
asad
London, UK
Posted Anonymously
10 years ago
Mar 20, 2010 20:32
Raulin,

I'd been caught up w/ so much that ashraflaidi.com, unfortunately, had to pay the price! :p Still, I visited once a while. But e/thing had been okay. Thanks!

United: Well, they've got (on form) the best player in the world right now (though the price for this will be paid by England at the WC)...so it doesn't matter who they come across at the moment. Mourinho & Fergie are both tactical geniuses (though no more than Wenger), and Mourinho HAS the capability to chart United's downfall. Still, I expect United to make it the League final...and lose it. Again. As for the Premier League, it'll be 1) United, 2) Arsenal, 3) Chelsea by the time the League finishes!

Israel: They'll be well-hammered if they touch Iran! Let's not forget that Iran funds Hamas on the left & Hezbollah on the right...and touching Iran would only conclude in a threesome for Israel (if you know what I mean). Also expect Syria to join the club (makes us think then WHY is Israel even sitting in the ME - why not s/where in Europe of North America *heheh*).

Thing is that Israel will have the US take out the targets in Iran (I can tell you that the recent 'decade-low relationship b/w US & Israel' is just being played out - a theatrical precursor to what's about to take place). In any case, there'll be SERIOUS backlash - both military and financial. Stocks will crash and oil & gold will be king again!

It doesn't matter whether N'yahu or Olmert is in the hot seat. They both follow the same agenda. One did it covertly...this one's doing it overtly...


Asad
chloethebull
Canada
Posted Anonymously
10 years ago
Mar 20, 2010 18:30
@asad..i closed out all shorts on fri..i had a really good average price around 82.90..i got worried near the end of the day when vix closed below 17 an s&p was hangin onto 1160...the india news was great but i still think the fed wants to be more hawkish but are waiting til china makes a move..an until that happens im playin in an out...if we get pos usd news over the weekend then there still the usdcad or audusd to play...heck even with crude @ 81 theres plenty of downside..plus i still have all my shorts on gold still@1118..i was waiting to see if we could break 1100 b4 i covered any.. 1102.4 was as low as it got then popped bac to 1108 so im still @ a profit but willingto see how it plays out sun...thanks for the news on iran/isreal..have a great weekend
raulin
london, UK
Posts: 65
10 years ago
Mar 20, 2010 15:27
Hey Asad
Long time no hear ..Looks like Man U maybe facing Inter at some stage Mourinho VS Ferguson but I think Inter are pretty limited and Walter Samuel was crap with Real Madrid though Arsenal VS Barca is a fantastic tie.On a different note ... I can't believe this snake Netanyahu causing so many problems. I was having a chat with my mate about this Iran thing and he could not believe that Israel would do it as the Arab world would be down on them like a ton of bricks but since when has Israel has given a stuff about the Arab world?
mandiwie
kartitsch, Austria
Posts: 69
10 years ago
Mar 20, 2010 8:34
asad
London, UK
Posted Anonymously
10 years ago
Mar 20, 2010 5:29
Chloe,

Be wary building huge positions shorting oil (yes, it's ME writing this - believe it or not). News doing the rounds is that, having failed diplomatically, US/Israel are planning to target Iranian nuclear facilities (if true, then soon). Military build-up has been taking place on some remote British island!

I, myself, cut half my short positions before close...in the unlikely case some action takes place over the weekend. Still, doesn't matter...because even if during a w/day, it would dramatically 'gap' to anywhere above $100, throwing all stops & limits out of the window...


Asad
raulin
london, UK
Posts: 65
10 years ago
Mar 19, 2010 23:26
Agree about aud/cad looking bearish I shorted at 93.80 and a H4 break of trendline 92.70 opens up at least 9200 and I think 90 for starters but you cannot ignore cad/jpy BIG failure at 90 stochs rolling over on dailies and downside beckons am looking for 86.50
Ashraf Laidi
London, UK
Posts: 0
10 years ago
Mar 19, 2010 22:53
Regarding AUD and CAD, why not look at AUDCAD, which looks bearish. That means we can see more downside in AUDUSD than downside in USDCAD.


MY CANADA SEMINAR SCHEDULE

VANCOUVER: Tomorrow
MONTREAL: Wednesday
TORONTO: Following Saturday

REGISTER HERE:http://bit.ly/acXvOH


Ashraf





Ashraf
adamcpf
Lisbon, Qatar
Posts: 58
10 years ago
Mar 19, 2010 21:09
Good evening all,

I'm bearish, especially after the rejection of the daily/weekly trendlines. I did manage to get in @ 92.20 but would love to add on a retest up to those levels again. First target is the 90.50 area which is a 382 of the last move up.
I do beleive we are getting closer to the turning point where things could be heading down for a while.

have a nice weekend all,

Adam
Callum
Singapore
Posted Anonymously
10 years ago
Mar 19, 2010 19:50
@dhussey - AUD/USD usually gaps up on Monday (Sunday US) opens, so I wouldn't be surprised if AUDUSD tries to make a run for 92 in the morning. The only exception to this would be if China makes any releases over the weekend - they do that from time to time. The Aust morning economic calendar seems inconsequential. Personally, I would look for short opportunities with limits higher if possible on Monday/Tue.
dhussey
United States
Posts: 22
10 years ago
Mar 19, 2010 19:02
I am quite bearish on AUD/USD- I think the recent failure to break daily and weekly trend lines offers a good selling point with a defined stop (plus a good turning point if the market reverses to reverse my position) Anyone else have analysis supporting either view of AUD/USD?