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by Ashraf Laidi
Posted: Apr 15, 2009 16:14
Comments: 40
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This thread was started in response to the Article:

Selective Carry Trades in FX/Equities

Currency selection becomes more relevant on evolving risk appetite.
 
 
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Ashraf Laidi
London, UK
Posts: 0
15 years ago
Apr 27, 2009 7:32
Ho, Cable already under pressure. No plans to give a seminar in NY but im considering going to the Forex Expo in Vegas in August. Thanks

Ashraf
Ho
New York, United States
Posts: 26
15 years ago
Apr 26, 2009 21:37
Ashraf,

Tks for GBP/USD outlook. Any chance for you to have live class in New York city in 2009, same as the one you held in London on inter-mkts class? I think a lot of people will attend. Just make the class fees reasonable pls.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Apr 25, 2009 17:58
Ho, Two negative dynamics for cable still remeain: it closed lower on Friday and lower for the enture week. A breach of $1.4830 next week can take us back for a fresh attempt to breack $1.50, but i continue to call for selling cable on the rallies; even at $1.5050 (like i did last in the middle of week prior to last). Thursday's rally was quite sharp, but it looked similary to Jan 30 and Feb 13. the next day was a down day. Look for a renewed retest of $1.44. And stocks are near their peak. I bought a a whole new bunch of ultra bearish ETFs on Friday.

Ashraf
Ho
New York, United States
Posts: 26
15 years ago
Apr 24, 2009 23:12
Ashraf,

You said:

'Ho, Cable has had a robust bounce today, but my weekly chart shows the top has already being formed and 70% chance we can fall under $1.40 by mid May.

Ashraf '

---------------------

Now 4/24/09 - Friday at 6 p.m. New York time, any chance for gbp/usd to target 1.4830 starting Sunday - 4/26/09 onwards coming weeks? Or gbp/usd keep going down towards 1.40 from current price 1/46+. Please advise. Tks.

You said:

'Cable recovered above the $1.4730 trend line resistance and could eye the next target $1.4830. EURUSD posts its 4th straight gain, eyeing $1.3380. Support climbs to $1.3120. '
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Apr 24, 2009 19:34
f, current CAD strength is intensifying on back of that unexpected decison from Bank of Canada to not deliver quantitative easing. I see an intermediate support at 1.760, but current pessimism with UK budget and borrowing may go as far as 1.74.

Ho, Cable has had a robust bounce today, but my weekly chart shows the top has already being formed and 70% chance we can fall under $1.40 by mid May.

Ashraf
Ho
New York, United States
Posts: 26
15 years ago
Apr 24, 2009 12:57
Ashraf,

This gbp/usd is doomed? Down to 1.4000 possible in coming weeks? Tks.l
f
Brussels, Belgium
Posts: 25
15 years ago
Apr 24, 2009 9:50
Hello Ashraf, as discussed a couple of weeks ago, it looks like GBP:CAD is testing the 1,78 mark... what is you view in terms of how far down in could go in the near future?
Thanks!
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Apr 24, 2009 0:50
Ced, in 2 weeks, more likely to be closer to $1.26 than to $1.36.

Ashraf
Ced
UK
Posted Anonymously
15 years ago
Apr 23, 2009 22:17
Hi Ashraf,

What are your views on EURUSD for next two weeks?
More likely to hit 1.26 or 1.36?

Thanks
Ced
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Apr 22, 2009 22:21
Rob, we're expecting CAD to drop.. make that initial target for your limit at 78.25 then at 77.70. and you also have those Canadian retail sales. so cannot imagine anyone wanting to buy CAD. and oil inventory were price negative today. if you have enough funds, consider shorting aud vs eur... quite cheap to do so

Ashraf
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