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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
 
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Ashraf Laidi
London, UK
Posts: 0
14 years ago
Nov 11, 2009 1:44
Qin, i said 3 weeks ago EURUSD would go to 1.4550 before going to 1.55-1.57 by year-end. Well, it went to 1.4625, which is 70 pips above target before rallying to 1.5030. now, ive spent enough time telling you what was already written weeks ago.

Ashraf
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Nov 11, 2009 1:40
chloe, some people have a lot of free time on their hands, others like to hear themselves speak. watch out from those CAD officials as they see loonie exceeding 95 US cents after such bad job report.

Ashraf
Qin
Jonkoping, Sweden
Posts: 492
14 years ago
Nov 11, 2009 1:37
Ashraf
Once again, I am not talking some small players, the people who bought EUR/USD are big players........
Last time I posted that the middle east countries bought EUR/USD at 1.420.....then the pare went straight up to 1.480.............
Now there is some knockout positions at 1.510......and traders are preparing for the battle now......Japanese traders are very honest, usually they won't speak something which they are not sure or they don't know..... If the pare take over 1.510 then I think it will go straight way to 1.550.....

my forecast on EUR/USD is 1.55 by the end of this year......I don't think I will wrong on it......if USD rally from here, I will add more short position on USD.....

What do you know more about option FX market??? why not just speak out again now?? still stick your prediction on EUR/USD back to 1.4550 and the go up to 1.550 by the end of this year? A few months ago, you said that EUR/USD would back to 1.380 then go to 1.55 by the end of this year...the people who are listening to you are never having chance to short USD...haha....what is your new edition now??
chloethebull
Canada
Posted Anonymously
14 years ago
Nov 11, 2009 1:36
qin why not be ahsraf friend an give him the respect he deserves..hes a very smart man you should reconize that an accept it ..gl
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Nov 11, 2009 1:20
Qin, that is avery naive statement. again, do not make assertions that you cannot backup or defend. i repeat (you have a hard time grasping what i tell you), these comments such as knock options and real money accounts i.e. kampo and eastrn european players were written for at least past 15 years--even for Deutsche mark. i advise you to stop talking about things that you do not know.

Ashraf
Qin
Jonkoping, Sweden
Posts: 492
14 years ago
Nov 11, 2009 1:14
Ashraf,
I am talking about internal info from the banks, they are the big player, could be central banks or big hedge funds..........I am not talking someone like you and me.........these kind of news not allow to be released by the banks, however my friends in Japan always can make some calls to someone who are working in the currency exchange banks.......
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Nov 11, 2009 1:01
spec, i still call this a bear market rally. yes, it is a very aggressive rally by historical terms, but the liquidity injections are as historically unprecedented. 60% rally in equities along with 10.2% unemp rate? Even Hollywood could not make that up.

Qin, being the expert that you claim to be, you should know that each and every market chat has the usual "Eastern European names pikcing up euros at xyz" "Mideast names supporting euro at abc" such so-called market intelligence can be found at least 3x per day in every stream since 2003.

WM, oil will have to retest 76.70s. But USD weakness courtesy of Fed comments is getting hard to ignore. tune in for my next IMT shortly.

Ashraf
WM
toronto, Canada
Posts: 11
14 years ago
Nov 10, 2009 22:45
xtrader,

If Ashfar cannot oblige, I would be more than happy to help out.

Bernie.
WM
toronto, Canada
Posts: 11
14 years ago
Nov 10, 2009 22:41
Ashraf,

As you have been mentioning, today oil once again failed to regain 80.50. If there is a dollar rally and subsequent sell-off in the market and commodities (minor or otherwise), do you have a short-term downside target for Crude Oil?

Thanks.
Qin
Jonkoping, Sweden
Posts: 492
14 years ago
Nov 10, 2009 22:36
I just checked some Japanese blogs.......they are talking about some big players who are from Russia are buying EUR/USD today, the pare should has some support at 1.4960 now.....there is some knockout options at 1.5100.......so the pare should have some battle around there........if the pare takeover 1.5100, target 1.5500......
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