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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
 
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Aug 28, 2009 17:05
Qin, regarding your comment towards the site:

Ive given several trading ideas on my website as service I chose to give. On my IMTs, on the weekly articles, the HotCharts and most of all on Twitter. All these ideas were based on technicals as well as fundamentals. In my view, there's no website out there that supplies a combination of fund and tech analysis on forex, equity, commodities like AshrafLaidi.com by the same person. If you want me to hold your hand and tell you where to get in and where to get out I will not do that (even though I did that several times before). This website has taught many people about the intermarket relationships, which most investors and traders could not grasp 6-7 months ago. Today, everyone is well versed on these relationships (and even TV anchors speak about them with so much ease-- not to mention the readers on this site and others). If all these IMTs, articles, HotCharts and trading ideas do not satisfy your definition of trading ideas, then feel free to go elsewhere.

Ashraf
Speculator
Posted Anonymously
15 years ago
Aug 28, 2009 15:49
maybe because he has a job and doesnt want conflicts with his company's advice? plus he doesnt want to be held guilty if markets dont meet targets etc.

Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 28, 2009 11:27
I just checked Japanese traders info......they are talking about selling off on rally now.....

I think today will be a selling off day........let see......
Qin
Sweden
Posted Anonymously
15 years ago
Aug 28, 2009 11:17
asad, The inflation in Norway is 2% now, and norway has already out of rescission....... Norgres bank will rise its interest rate by the first quarter of next year.......are u trading on FX?

spec, you always say I am funny, but i guess most of us think you are ridiculous......

To be honesty, I don't know why Ashraf never post any trading positions and entry points for us.....most of other FX web side are posting some trading ideas some times.......of course no one always get right......On my view, Ashraf more likely show us some graph and draw some line on it....then post some resistance line and support line.......
Ashraf, are you tech analyst???
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 28, 2009 10:48
spec......I can't believe you are working in a bank.......but hopefully, you are not a trader and asset manager in your bank.......because I may course your bank go bankrupt.........
speculator
Posted Anonymously
15 years ago
Aug 28, 2009 9:11
http://ashraflaidi.com/charts/gbp-trade-weighted-index.asp

concerning pound dollar you are also incorrect. it peak just a couple of years ago the most for a few decades.
FXHandler
Norway
Posts: 195
15 years ago
Aug 28, 2009 8:22
Spec,

In year 2000 EURGBP was at 0.59, in 2007/08 it was around 0.78, now it is around 0.88.
In year 1985 GBPJPY peaked at 339 now around 153
And to asure you that the GPB has only gotten less worth during the last decades: From 1960-1967 GBP/NOK was stabile around 20, Ever since then it has dropped, now it is around 9,8.

GBP used to be a great currency, this is history now. If you want me to go even further back in time, in 1822 we had to pay 35,34 NOK for 1 British Pound!!!!

Here is data for GBP/NOK from 1819 untill now (yearly average)
http://www.norges-bank.no/upload/import/stat/historiske_data/no/historisk_valutakurser/hktab_n.xls

Regards
speculator
Posted Anonymously
15 years ago
Aug 28, 2009 7:53
xaron, the british pound was a very strong currency in 2007/2008 what do you mean decaded ago?

when the US is confirmed that it has already exited the recession that is officially when the US dollar rally will resume. until then, dollar bears will mount adding to the strengh of the coming rally.
speculator
Posted Anonymously
15 years ago
Aug 28, 2009 7:50
mark faber is funny. when asked at the end can any factor influence your guess that the us economy and dollar etc collapse in the end he said no. I mean the guy is basing his guess on the fed prolonging credit expansion and introducing more stimuli surely he if they dont he would change his conjecture.
houram
Vancouver, Canada
Posts: 55
15 years ago
Aug 28, 2009 7:34
hey spec may be you should hear what Marc Faber says:http://www.youtube.com/watch?v=FFhWIUTF1IM