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by Ashraf Laidi
Posted: Jan 1, 2011 0:30
Comments: 1842
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This thread was started in response to the :

Ashraf's Book: Currency Trading and Intermarket Analysis

Ashraf's Book: Currency Trading and Intermarket Analysis
 
montmorency
Abingdon, UK
Posts: 610
13 years ago
Oct 25, 2009 23:13
Ashraf,

I was not at all worried about spending the $79 and had absolutely committed myself to getting it just as soon as I'd obtained and read the hardback book (which got delayed in shipping apparently). I just was afraid of not being able to understand the workbook without having first read the hardback book; i.e. I was afraid of confusing myself by reading them in the "wrong" order. As it turned out, I didn't wait, and not long after that last posting purchased the workbook. Fortunately, soon after, Sat 24th to be precise, the hardcopy book arrived in the post after all, so I am very happy now. Just working my way through the hardcopy book, which I am sure will make the workbook more understandable & relevant. Thanks again for all the hard work on the book, the workbook, and on this site. Apologies if I didn't make my meaning clearer previously.

Now it's my turn to put in some hard work.

Best regards,
Montmorency
speculator
Posted Anonymously
13 years ago
Oct 25, 2009 16:34
redstone, 160 for now. there should be a gradual sell off for the next few days.
redstone
bristol, UK
Posted Anonymously
13 years ago
Oct 25, 2009 16:13
Spec do you see cable heading for 155 or a rebound to 167 ?
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Oct 25, 2009 15:30
montomrency, i believe there were very few copies of my book left so not sure if it is out of print now. You seem to be very worried about spending the extra $79 for the Workbook. 79 is the equivalent of 70 pips in a recular spot fx contract. this Workbook material is knowledge that retail traders will never find welewhere. The Table of Contents speak for themselves. So yes, the more knowledge about intermarket charts the better.

As for my printed book, every other page has a chart, from oil and interest rates in the 1970s, to the different FX reactions in the 1991 Gulf War and the 2007 crisis.

Ashraf
speculator
Posted Anonymously
13 years ago
Oct 24, 2009 9:29
1.55 is likely but i think out of all the majors the euro is the only one that will strengthen against the dollar in the shorter term. risk aversion has put the lid on euro strength vs dollar so it may be a battle as US equities seem to be topping and entering corrective mode.

the yen, cad, pound likely to go lower. My expectation of a weaken yen and rising euro against dollar took place over the last week.

my belief of a strong dollar rebound this quarter and in to next is still valid as the dollar index maintains key support at 75 despite being beaten by the euro and so heavily speculated against.

the dollar is certainly bottomoing out and i still believe the fed will tighten up early next year and will start to give credible signals well before.

I would come out of equities now in fact i will next week!
Bindu Ramesh
singapore, Singapore
Posts: 2
13 years ago
Oct 24, 2009 4:33
hi ..

EURO/USD....GOING TO HIT 1.600?

Bindu R
Qin
Jonkoping, Sweden
Posts: 492
13 years ago
Oct 22, 2009 23:14
montmorency, I think the best way to learn about FX is to learn the history of the economics and compare different charts in the history........hope you can find some clues from the book......
montmorency
UK
Posted Anonymously
13 years ago
Oct 22, 2009 17:24
Qin (if your comment was directed at me), was it George Soros (or maybe Warren Buffet) who said that if reading books could make you rich, then librarians would be some of the richest people on Earth. So, no, I don't think I have too many illusions. I just want to read what I know will be an enlightening book, and also to save asking dumb questions here that are probably answered already in the book. I am mostly annoyed with myself for trying to save a few pounds which probably contributed to the delay in getting hold of it. That was a classic case of a false economy.
Qin
Jonkoping, Sweden
Posts: 492
13 years ago
Oct 22, 2009 16:45
If anyone becomes a millionaire by reading a book.........where is the poverty come from? If an author can make people become a millionaire, I think the author doesn't need a job anymore.........because he should be the richest guy in this world......
montmorency
Abingdon, UK
Posts: 610
13 years ago
Oct 22, 2009 16:27
Apologies in advance because this is strictly-speaking off-topic and nothing to do with Ashraf at all (althought there is a relevant question for Ashraf below). I just need to vent off some frustration because I ordered the book (from Amazon.co.uk - Marketplace though) on 2nd Oct and am still waiting for it nearly 3 weeks later. Probably my own fault for going "marketplace" in order to save a few pounds and as luck would have it, it had to come to the UK from the US. In the past I haven't had too many delays when ordering books by this route, but this time ... whether it was the ongoing Royal Mail dispute situation or what, I seem to have been unlucky. Now the dispute is on in earnest and even if I reordered it afresh from a wholly UK supplier, chances are it would still be seriously delayed. If anything my sympathies are actually with the postmen, but I really wish they could have chosen some other time for their dispute! :-)

OK, Question for Ashraf: I have always intended to purchase the Workbook in addition to the printed book, but I figured it wouldn't make any sense to do this until I had read the printed book. Given that I probably still won't get to see the printed book for at least a couple of weeks now, is it worth my getting the workbook at this stage or won't it make much sense?
With thanks,
Regards,
Montmorency