Forum > View Topic (Hot-Chart)
by Ashraf Laidi
Posted: Jun 24, 2009 14:06
Comments: 182
View Hot-Chart
This thread was started in response to the Hot-Chart:

USDJPY 4-week Cycles

 
123456789101112131415...19
mo
liverpool, UK
Posts: 123
15 years ago
Jul 20, 2009 18:31
Hello Qin

I always wanted to visit Norway, I heard it very beautiful place to spend holiday there.
Also glad to see your long CAD positions ended up profitable after all.


I am Currently range trading GBP/USD, selling GBP against the USD with target of 1.60 and 1.58, . I think the pair will end up this quarter around these level.

I am natural about the USD/CAD, but I think there will be a retest of 1.1430 in the next week or so.

good luck to you
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 20, 2009 17:59
Qin, BoC will not be explicit in talking down CAD at its statement. This is more the work of the Ministry of Finance. But sure, they will be aware of currency so they may not issue a such a bullish assessment. will likely say current policy remains intact until next year. I see stocks to do more of the work in USDCAD tomorrow.

Ashraf
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jul 20, 2009 17:50
Hey, Mo
Are you there?? How are you doing recently?

I just got back from Norway.......I climbed two big mountains....haha....still very tired now.

Good luck for your trading!!
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jul 20, 2009 17:47
Hey Ashraf; Steven
Thanks for the information....


Tomorrow Bank of Canada will make decision on interest rate....and we all know that they will try to talk down CAD again......maybe it will be 100 to 200 pips move.

USD/CAD has had a very good rally since last week.....with the stock market and oil......

Ashraf, are you looking for the chance to long USD/CAD again?

I would like to long USD/CAD a little bit and wait the pare back about 1.13 to short it again.

Cheers!
jj
New Jersey, United States
Posts: 22
15 years ago
Jul 20, 2009 17:30
is there any way to see more (other pairs)point and figure charts online? i do it by hand and its a bit of a pain
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 20, 2009 17:18
Qin, we could trey testing 1.4270s but very hard to breach 1.43.

Ashraf
Steven Blyth
London, UK
Posts: 148
15 years ago
Jul 20, 2009 16:28
Qin. Craig Inglis's post should give you a possible indication:http://www.ashraflaidi.com/forex-blogs/1158/
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jul 20, 2009 16:24
Hey, Ashraf
I read your charts and comments.
As you mentioned, EUR/USD would like to pull back to 1.40 or 1.39...

Do you think we should long USD now or waiting for the signal that break some level?

Best regards
Qin
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 20, 2009 14:26
raj, Cougr, EUR shows more stability. we could test $1.4270 but i wouldnt be a buyer above 1.4250. im waiting for the next pullback to 1.39.
http://twitpic.com/azy4h http://twitpic.com/azxn4

Ashraf
cougr
Australia
Posts: 101
15 years ago
Jul 20, 2009 13:29
14Raj ,just a while ago ,Ashraf gave his opinion about EURUSD in his Intraday Market Thoughts section. Check it out.
Report Reply
123456789101112131415...19