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Posts by "ashraf laidi"
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147 Posts by Anonymous "ashraf laidi":
Ashraf
Today it rallies on floods
But $AUDCAD is the only major Aussie cross unable to take out those highs. Also inline with the struggling Gold/Oil Ratio.
Ashraf
When I said "we can" call Aussie to have broken; I was suggesting the POSSIBILITY that it had broken. A Possibility that I later reevaluated at the end of the day and reconsidered. BY NO MEANS I said the break was a certainty and I did not assert that it had. I merely raised the POSSIBILITY that it did by saying "we can say" it. Saying "we can say" is not the same as saying " It has broken". And what did I do next? i came back less than 3 hrs later and said that it was not a break.
The problem with your approach is that you come back one week later to harp on those words and portray me to have lied or misled people. In otherwords, you are mischaracterizing my character and my intentions. I have no interest in sects or drawing approval from people. I have been wrong several times on my HotCharts and i certainly mentioned it.
Your problem is that you chose to ignore those times when I admitted my errors and the times of correct calls and return to RE-STATE and re-emphasize your false accusations that I mentioned about AUDUSD, which was NOT an assertion but a suggestion with the intention of mischaracerizing me.
For rest of forum, please do not reply to this otherwise this Lisa will truly think the world is against her.
Ashraf
Anyway, it's peculiar how some people criticize me for being too aggressive and others criticize me for being too conservative. i guess one never wins.
Last December, i said 1.37 when it was 1.42. then we got to 1.39 i said 1.35, then i said 1.30 when we broke 1.35. Same thing with the euro rebound in September. I took my followers incrementally from 200-day MA to 200 week MA from 1.29 to 1.38.
So why am I more aggresive this time? Well, let us see
so far, it has been well behaved. 1.3420 was a close call but not enough of a close.
Ashraf
Ashraf
Therefore, (read carefully now) CHina has TIGHTENED monetary policy THREE TIMES. during these last 3 months. Actually, it raisd rates THREE TIMES over the last TWO (not three) months. And so when I said they will raise rates, im referring to reserve requirement (it is a form of a rate) and the lending rate (also a rate).
And the reason Im sure that they will do it this Friday or weekend is because of what I said regarding the 3-year auction. Whether a hike of rates or reserve reqrmts, it should happen this friday 10:30 GMT or this weekend.
Ashraf
Ashraf
have you seen the H&S in EURCHF?
Ashraf
I hope this was clear.
Ashraf
Ashraf
Ashraf