Currency Trading & Intermarket Analysis Ashraf Laidi

Aug 22, 2008 13:05

Ashraf Laidi's "Currency Trading & Intermarket Analysis --How to Profit from the Shifting Currents in Global Markets". Ashraf Laidi's book is the first of its kind to explain in detail the meaning of risk appetite in currencies, commodities, equities, bonds and fixed income. In addition to its extensive historical overiew of the major historical developments in forex markets over the past 35 years, the book explores the interelationships among the various commodities, dissecting which currencies are driven by oil, gold, metals, and food/agriculture. www.ashraflaidi.com

Latest IMT - Mar 31

10 Pct Limit

The S&P500 index, the most widely followed index in the world (in terms of benchmarks) has now fallen exactly 10% from its record high. Major markets such as S&P500, EURUSD, XAUUSD, oil etc are widely scrutinized when their drawdowns reach high profile figures such as 10%,15% and 20%. At these points, algos and automated buy programs are alerted and even triggered. Similar action when these markets reach high profile moving averages such as 55, 100 and 200. In today's case, today's SPX 10% decline coincides with the 55-DMA. Note in the drawdown charts below, what happened when SPX drawdown reached the 10% level. The most likely scenario (according to multi-year cycle averages), indices will have a positive April before resuming fresh downside ahead.

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Latest Hot-Chart - Mar 30

Patterns on Fridays & Mondays Since the start of the war on Iran, the pattern of falling Fridays in US equity indices has become obvious. Will the pattern ends this week. View Hot-Chart..

Intermarket Analytics

21-yr Intermarket Charts - 7 indices 11 currencies 14 commodities Chart

21-yr Intermarket Charts - 7 indices 11 currencies 14 commodities Interactive charting by instrument, chronological and alphabetical order. This enables organizing each individual commodity, currency or equity index' performance by magnitude or chronological order. View..