Forum > View Topic (Analytic)
by Ashraf Laidi
Posted: Aug 21, 2008 1:37
Comments: 525
View Analytic
This thread was started in response to the Analytic:

Speculators' Futures FX Positions

The weekly figures on traders' futures commitments obtained from the Chicago Mercantile Exchange's International Monetary Market shed valuable light on the developing flows pursuing one currency versus another.
 
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Ashraf Laidi
London, UK
Posts: 0
14 years ago
Nov 25, 2009 13:18
bojan, yes we could see SNB coming back especially as USDCHf falls below parity. SNB meets every quarter and next meeting is next month.

Ashraf
bojan
Arizona, United States
Posts: 111
14 years ago
Nov 25, 2009 11:49
Ashraf,

fist of all I would like to say thanks again for many successfull trades on EUR/CHF, since you started pointing on SNB determination to keep the pair in their comfort zone. Since it is moving again bellow 1.5090, is anything changed in SNB stance, or we can still count on intervention in 1.5070-ish level ?

Thank You

b.
GTNew
Arizona, United States
Posts: 33
14 years ago
Nov 24, 2009 22:32
Forextrader,

Nice trade on $AUDUSD! What about selling some of your position so that you feel more comfortable? That's one option.
Another would be to put a stop on the whole position below the bottom of the daily Kumo, maybe around 87. No need to lose sleep. You're on easy street.
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Nov 23, 2009 18:52
Dima, i totally agree, i think 0.89 is the next major support fopr AUDUSD before flyingt to parity sometime next quarter. USDCHF was a case of dollar weakness as stocks rose in Europe and US. USDCHF was 1.0120s and now at 1.0080s, i do expect parity 1.000 next year. SNB has been remarkably quiet so if you're shorting USDCHF do not do do so below 1.0050s. Next SNB meeting in December

Ashraf
Maria
Juarez, Mexico
Posted Anonymously
14 years ago
Nov 23, 2009 16:00
Hola Ashraf. I saw you Bloomberg comments today for US dollar weakness on recent Monday. Also, I see big drop in USDCHF today. You think how the Swiss currency so strong today, it continue much longer against the USD? I like you thought on this please.

I never sure about this pair since the Swiss bank how you say intervene the daylights out of it.
Thanks you,
Maria.
Xaron
Munich, Germany
Posts: 528
14 years ago
Nov 20, 2009 14:21
Well if you hold longs for 5 months now your entry should be around 0.80. So nothing to worry about. ;) I think it's important for the Aussie to close above 91 this week. If we close below we might see 88/89.
forextrader
vologda, Russia
Posts: 127
14 years ago
Nov 20, 2009 13:46
Hi
I am holding big AUD/USD position for the last five months, I am getting nervous now. I personally I think there is big support at 88-89 level where this pair will find lots of buyers.
Dima
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Nov 19, 2009 14:12
Ross, it looked like H&S at first but i wasnt too thrilled with the shape of the Left Shoulder. id rather short NZDUSD then AUDUSD.


Ashraf
ross
Hawaii, United States
Posts: 37
14 years ago
Nov 18, 2009 14:29
Do you see a H&S on AUDUSD 4H & 1H?
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Nov 18, 2009 14:18
Maria, watch AUDUSD and NZDUSD. downside building further, eyeing 0.9260s and 0.7420.

Ashraf
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