Forum > View Topic (Hot-Chart)
by Ashraf Laidi
Posted: Aug 24, 2009 15:09
Comments: 49
View Hot-Chart
This thread was started in response to the Hot-Chart:

NZD's Overshoot vs GBP?

 
Ashraf Laidi
UK
Posted Anonymously
12 years ago
Sep 9, 2009 5:22
zero, i did not touch my silver but i sold 8% of my gold ETFs

Ashraf
zerolife
damascus, Syria
Posts: 10
12 years ago
Sep 8, 2009 19:34
thank you
i have positions at 15.00
i m going to close them
Ashraf Laidi
London, UK
Posts: 0
12 years ago
Sep 8, 2009 16:39
zerolife, i prefer silver to gold and i still havent sold my holdings. 17.75 will prove a key resistance, but i expect a pullback before ultimately seeing +19.00 by year-end.

Ashraf
zerolife
damascus, Syria
Posts: 10
12 years ago
Sep 7, 2009 10:02
mr ashraf thank you
but i need to know hat silver is will down again or it will be up to 17.0
thank you
Ashraf Laidi
London, UK
Posts: 0
12 years ago
Sep 6, 2009 17:55
victor, my forecast for a lower NZD against GBP certainly backs the idea of falling NZD vs EUR so i agree. And thats a very common mistake/habit in forex which you committed. RBNZ announcement is due this week and as you said, NZD downside depends partly on the extent of their talking down the currency..even though the impact of their jawboning has proven minimal at best. Negative NZ data combined w/ RBNZ jawboning and renewed risk aversion should help more.

wolf, Im more certain about GBPUSD reaching 1.6270s and 1.6230 than further AUDUSD downside after Friday's breakout. Let's see on Tuesday if we see any follow up above 0.8550s. But still expecting fresh losses espclly in AUDJPY.

Ashraf
Forexwolf
Auckland, New Zealand
Posts: 39
12 years ago
Sep 6, 2009 9:41
Ashraf, what do you make of the breakout above the key 0.845 level in AUDUSD on Friday; where does this place the 0.826 target for now? The GBPUSD high of 1.641 above the previously noted 1.637/8 top - do you stll see 1.627 and then 1.623 as discussed on Friday before the break higher? Do you attribue these highs to a thin Friday market or a possible continuation of the risk appetite to even higher levels based on recent good news?

Thanks for the comments - seems like your oils predictions lower are spot on.
victormajewski
Michigan, United States
Posts: 4
12 years ago
Sep 5, 2009 4:02
Ashraf:

Jamie Satelle over at fxcm seems to think that EUR/NZD is due to launch. He sees a bullish base forming from the 14 AUG 09 low. I do note that the September post NFP low (a 2.0731 wick) seems to have double bottomed with the August low, but did not close below Jamie's base line. Also, I found it noteworthy that notwithstanding the likelihood at Gold is going to $1250 and AUD to .9023, EUR/NZD did not break down against kiwi along with the USD post September NFP. My own view is that the New Zealand bank folks are going to do their dead level best to chill the kiwi bulls this week. And so, I am long @ 2.0885.

There is a .618 monthly fib fan line predicated on the December 2005 low and last winter's double top highs.

So, I have all weekend to sweat, but it's like this: I called the GBP/JPY double top after the August NFPs, and then chickened out in Asia on Sunday night. If I had just believed myself and closed my laptop for a month, I would have made 1400 % on my money.

Comment?

Ashraf Laidi
London, UK
Posts: 0
12 years ago
Sep 4, 2009 13:20
zero life. i always liked silver and still do.

Ashraf
zerolife
damascus, Syria
Posts: 10
12 years ago
Sep 3, 2009 10:43
mr ashraf i want to ask u about the silver
what about it?
its trend down or up
thank u
asad
London, UK
Posted Anonymously
12 years ago
Sep 3, 2009 0:44
Ashraf,

You're PRETTY slippery you know (even though you're not REALLY into oil). You're not taking on my Goldman rumors? Are you being shy for any reason? :p