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by Ashraf Laidi
Posted: Apr 29, 2009 15:38
Comments: 29
View Hot-Chart
This thread was started in response to the Hot-Chart:

NZDJPY Eyes 50

 
Ashraf Laidi
London, UK
Posts: 0
15 years ago
May 26, 2009 10:03
Hi B, well, NZD is coming down after your post :)

Ashraf
B
Florida, United States
Posts: 9
15 years ago
May 26, 2009 4:25
Hey A. Its Brandon-FL. This market is a joke. Give the banks 100% of GDP and they still find greed the solution. New Zealand is a joke compared to any major economy. As NZD rises this should be the measure of Greed. I've lost limited money on this pair. I just think this country vs major's is a joke. When is the last time a College team beat the Major Leagues? 2001-2007 2009-DEATHl.

Goodluck everyone. I just wish we traded for the world's longevity vs ending our civil ASAP. Note: Sears made $25M and Wall Street at one point gave them $1.5B, same day. This could be the
entire GDP of NZD.

Don't reward morons because a trend is in tact. They have enough money to keep any trend going forever. Give Shld $25M when they make $1.5B. Is it this hard to follow EPS and P/E? Would you buy a company in your region that takes 50-75 years to repay? How many banks will fund a deal with a 50-75 yr pay off ratio. No one. Look at all these corps balance sheets. All funny jokes my kids wouldnt come up with, and I don't even have kids.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
May 25, 2009 3:37
Jono, NZDJY technicals appear to be turning (to the worse). Watch the 877-75 level in the S&P and the 8.200 in the Dow too be broken next week for these yen pairs to come under pressure.
and look for the articles i link to in my twitter site http://www.twitter.com/alaidi

Ashraf
Jono
Posts: 2
15 years ago
May 24, 2009 18:58
Hi Ashraf - are you still bearish on NZDJPY? Looks as if it's now heading to test resistance at 60. THanks
Ashraf Laidi
London, UK
Posts: 0
15 years ago
May 15, 2009 16:49
Sachin. yes, indeed. Double top now turning to 54 bottom with initial target at 55.20

Ashraf
sachin
New Jersey, United States
Posts: 3
15 years ago
May 15, 2009 16:30
Hi Ashraf,

Do you think that the NZD/JPY is in the making of a double top at 60.35 on April 6 and May 10
with the base at 54? What would be the target in this case?

Thanks
Sachin
TG
Singapore
Posts: 112
15 years ago
May 13, 2009 17:46
Yes, Thanks, Asharf.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
May 13, 2009 17:36
TG, seems the bulk of the sterling weakness is occuring against JPY and NOT against USD. As i mentioned in past 2 days, buying the YEN is the preferred option during risk aversion than buying USD. So best to continue shorting NZDJPY, AUDJPY, USDJPY, while keeping hedges in short AUDNZD.

Ashraf
TG
Singapore
Posts: 112
15 years ago
May 4, 2009 15:43
hi there Asraf,

Yes did manage to get out there. tks again....
Ashraf Laidi
London, UK
Posts: 0
15 years ago
May 4, 2009 12:16
TG, i mentioned that 57 was a resistance, and today we hit a high of 57.28. One must place stops above resistance levels, so get out at 57.30. Today is a day with thin liquidity in FX markets, which could lead to bigger swings. I also said NZDUSD had a resistance (right shoulder of 57.70-80 and today we hit a high of 57.60.

Ashraf