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by Ashraf Laidi
Posted: Jan 1, 2011 0:30
Comments: 1846
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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
 
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Oct 1, 2009 15:15
Abood, do you read the IMTs on this website? I gave a 130.50 target in eur/jpy earlier this morning when it was at 130.90. shoudl see 129.80.

KP, thks.

Ashraf
KP
Florida, United States
Posts: 1
15 years ago
Oct 1, 2009 14:29
Ashraf,
I am new to this site and I found really good stuff in here, keep up the good work.

Thanks,
Abood26
Damascus, Syria
Posted Anonymously
15 years ago
Oct 1, 2009 14:27
hello Ahraf where do u see eur/yen ?
and is there any trade good now on the screen
thanks
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Oct 1, 2009 14:00
bluechepa, you sold at a support (previous resistance). i see bounce extending near 0.8830s before deeper fall to 0.8720s.

Ashraf
bluecheap
Singapore, Singapore
Posts: 15
15 years ago
Oct 1, 2009 13:49
Hi Ashraf,
What can you say on AUD/USD? will it go for a breakout? I shorted @ 0.8780 :(
Thanks.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Oct 1, 2009 13:21
Chloe, each time you say its time fo to buy USDCAD you end up right so continue doing what you're doing as long as your longs are NOT margiend out by a decline below that KEY 1.0590 which i mentioned many times.

xtrader, the inverse relationship between bond yields can be explained economically and mathematically. it's best that you get look up some online slides from business/finance courses which will explain the relationship. Or get any book on financial/business maths

Achilles, i just added the percentages to show which currency registered the biggest increases.

ill be happy to answer other questions at the Saturday Webinar.

Ashraf
speculator
Posted Anonymously
15 years ago
Oct 1, 2009 12:04
countries = companies
speculator
Posted Anonymously
15 years ago
Oct 1, 2009 12:03
bojan exactly. foreign corporations may need to repatriate funds back home. So for example, a very large UK company has US earnings and need to convert back excess dollar earnings back to sterling at a particular time. often countries use a lot of hedging though.
bojan
Arizona, United States
Posts: 111
15 years ago
Oct 1, 2009 11:58
Speculator, thanks,

i get nervous for a little bit. people from DBFX are saying it was corporate buying. It's all good now.
speculator
Posted Anonymously
15 years ago
Oct 1, 2009 11:41
bojan sometimes unusual price actions can occur to reflect non-speculative currency purchases for example central bank diversification etc.