Forum > View Topic (Analytic)
by Ashraf Laidi
Posted: Nov 18, 2008 3:15
Comments: 1310
View Analytic
This thread was started in response to the Analytic:

GBP Trade Index 18-Year Chart

Daily GBP (British Pound) chart of 18 years of cyclical developments in finance & politics
 
PippedOff
Canada
Posted Anonymously
14 years ago
Feb 11, 2010 2:51
What time will GOLDman Sachs be hitting the eur/gbp bids to drive up euro heading into THE SUMMIT?
PippedOff
Canada
Posted Anonymously
14 years ago
Feb 11, 2010 2:42
Chloe,

Picked up first lots of usd/cad at 1.0581, with bids layered down to 1.0523.

I'm taking advantage over the euphoria of the Aussie cookd numbers. Reality will set in shortly (within 1-3 days).
Kooolstad
, United States
Posted Anonymously
14 years ago
Feb 11, 2010 0:19
Ashraf,
Your analisys blows my hair back! Thank you, thank you, did i mention THANK YOU! I am an amature fx trader trying to figure out fx. Andrews pitchfork shows an awesom channel for the EU$.
Kooolstad
montmorency
Abingdon, UK
Posts: 610
14 years ago
Feb 10, 2010 23:57
Yes, you don't have to get the full move, just take a nice chunk out of it. There is a saying - in trading and in other things, e.g. negotiation - "Leave something on the table for the other guy".

Having said that, when I close then see it moving further in my direction I am sometimes tempted to chase it. More often than not it's a bad idea. Something I still have to learn.

Ashraf's Twitter caution this afternoon not to chase cable after its 200 pip move down was a well-timed warning against this sort of thing.

chloethebull
Posted Anonymously
14 years ago
Feb 10, 2010 23:47
hey ashraf, yes i made some careless mistakes, another 1 was not watchn the pairs u recommend ie;me playing the usdcad instead of shorting the gbpusd, eurusd i had a order in for 1.3850 an once again i tried to pick off the top range when a i had a easy entry of 1.3800 early in the am..an yes not seeing ur tweet befor i made my move...i look forward to the next recommendation hopfully i execute much better..thanks(somthing u said not too long ago 1 shouldn;t be to worried about piking off the top/bottom so long as ur in for the move)somthing like that
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Feb 10, 2010 23:26
mckin,, thanks .. glad someone out of the 4K followers on twiiter is actually gaining from all this work.

Ashraf
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Feb 10, 2010 23:25
chloe

Yes, Bernanke DID reiterate low rates for extended period (but that was NOTHING nothing new). WHAT WAS NEW was what I wrote on twitter 2 minutes after the release saying the following [READ CAREFULLY]

Bernanke strategy will be attained by increase interest paid on bank reserves.$USDX bullish/ NEGATIVE FOR STOCKS.

I wrote that 2 minutes after the speech. !I could NOT have made it any clearer. You guys have Twitter...giving you the luxury of getting INSTANT ANALYSIS FOR FREE on complex subjects (no one does or says the things I say on twitter with the same instant reaction). I said USD bullish and Negative for stocks. what else did i need to say?

good luck

Ashraf
mckinnovation
Dublin, Ireland
Posts: 49
14 years ago
Feb 10, 2010 22:38
GO ON ASHRAF!!!

Flawless Execution today you couldn't be more clear. Thanks for putting some cash in my pocket AGAIN as I shorted gbpusd, eurusd and gold.

All trades closed. Up couple of hundred pips AGAIN. Another great day with Ashraf Laidi.

Next time I see u needa get a picture with u Ashraf and will frame it :D

Haven't had a loosing day for like a month and my new(07) A5 is running perfectly.

It's fantastic to have somebody like yourself to double check decisions and increase accuracy. It's up from arround 60- 80-90%

THANK YOU SIR for clearing all the doubts and your cool head(yest. e.g.)!

Best of luck and best of health!

@mr_answer

alec
Sofia, Bulgaria
Posts: 5
14 years ago
Feb 10, 2010 22:35
anyone from you guys trading the GBPCAD ? Whats your opinion there on a long term? Shall it go back to 1.70 in the next wks? thanks
chloethebull
Posted Anonymously
14 years ago
Feb 10, 2010 22:30
hi ashraf, thats my mistake today, usdcad was around 1.0680 then bernake speach pushed it up to just over 1.0715,i do recall u sayn in earlier tweet don;t get carried away take ur 30-40pips before profits erode, i also panicked on the release of the speach when bnn 1st mentioned "low rates extended periode of time" i saw usdcad breifly drop back ,i decided to short instead of listening of to rest of the report usdcad started to move up once it crosed over 1.0700 i panicked again thinkn it was goin to 1.0750-08 , i decided to take a small lost then go long,then it fell back..i see my error now its behind me an i look forward...thanks