Forum - Ashraf's Book: Currency Trading and Intermarket Analysis (Topic)

Abood26

Damascus, Syria

Posted Anonymously

14 years ago

Nov 10, 2009 10:25

Hello Ashraf how are you?
Ashraf I am looking to make a big deal I mean to have a big voulme on currecy that u afvice me so pls tell what is the best trade for now and which point to take profit and stop loss
and that will be perfect from thatk u my friend and u r more than perfect man and all like qin and this pepole can trade in potato will be good for them hahahah

TG

Singapore

Posts: 112

14 years ago

Nov 10, 2009 2:27

Hi there Ashraf,

conditions for a drastic drop in stocks :

1) the stock market will "tank" if another significant event takes place, eg commercial real estate debacle?, a huge uptick in NFP? etc ....
2) there is hawkish talk from the Feds, ECB, BOE....
3) Bond mkt going bearish? for one reason or other...

As long as there is QE, the stock mkt will continue to inch upwards with occasional "minor" retracement.

So, as QE continue to exist for at least the next 6-9 mths.... we would be looking at a weak dollar/ higher stock market?

I have been expecting another drop in the stock market, but based on the above, chances are that there will be no significant drop, especially if the US does a 2nd round of Stimulus package!

Is that a correct thinking?

forextrader

vologda, Russia

Posts: 127

14 years ago

Nov 10, 2009 2:01

Hello Ashraf
Had your end of year forecast for the Euro/USD, GBP/USD changed since last week event I.e the fed r decision rate, India purchase of Gold and the IMF statement on the dollar

Dima

Abood26

Damascus, Syria

Posted Anonymously

14 years ago

Nov 10, 2009 1:28

Hello Ashraf how are you?
Ashraf I am looking to make a big deal I mean to have a big voulme on currecy that u afvice me so pls tell what is the best trade for now and which point to take profit and stop loss
and that will be perfect from thatk u my friend and u r more than perfect man and all like qin and this pepole can trade in potato will be good for them hahahah.

Qin

Jonkoping, Sweden

Posts: 492

14 years ago

Nov 10, 2009 1:12

A great day for my all positions! let see if EUR/USD will break its new high 1.5060 this week or not......
I think there is some chance that we may face a little bit correction by the last week of this month.......because the hedge funds and most of the investment banks will close some of their positions before DEC and prepare for their earning reports........but the major trend on USD is downside.......EUR/USD 1.55 in DEC is highly possible.......

rajesh68

Singapore

Posts: 60

14 years ago

Nov 7, 2009 1:13

Thanks Ashraf, ur advise on usdcad and cadJPY had helped me in taking 60 odd pips in each. Many thanks for this. I am also short on EURJPY and currently getting handsome gain on that

chloethebull

Canada

Posted Anonymously

14 years ago

Nov 7, 2009 0:41

yes many thanks ashraf an congratulation on #1 forex guy...gl an have a great weakend

14raj

Kolkata, India

Posts: 210

14 years ago

Nov 6, 2009 22:51

Congratulation Ashraf...for being Number 1 FX Forecaster. and thanks always for being with us in this heavy sea of volatility.
Regards,
Rajib.

ingmar82

Apeldoorn, Netherlands

Posts: 4

14 years ago

Nov 6, 2009 22:44

Hi Ashraf,

I wanna follow your updates on twitter, can you maybe give me the link where i can follow you?

Thanks Ashraf.

zwan

qamishli, Syria

Posts: 25

14 years ago

Nov 6, 2009 22:23

hi ashraf

iam very happy to see your website but i want to ask you if you give forcasting by currencies