Forum > View Topic (Analytic)
by Ashraf Laidi
Posted: Aug 21, 2008 1:37
Comments: 525
View Analytic
This thread was started in response to the Analytic:

Speculators' Futures FX Positions

The weekly figures on traders' futures commitments obtained from the Chicago Mercantile Exchange's International Monetary Market shed valuable light on the developing flows pursuing one currency versus another.
 
1...121314151617181920212223242526...53
speculator
Posted Anonymously
15 years ago
Aug 17, 2009 15:41
Its highly possible that the pound will fall from here gradually but risk aversion will both speeden and extend its declines for the following reasons:

QE continuation
Deeper than predicted UK recession
Euro/US exiting recession earlier
Overvaluation of Pound based on PPP
Increasing bearinshess for Pound particularly against Dollar
Worsening UK Economic data

I also believe sterling could fall till October (against dollar) when fed stops QE as at that point it could extend and USD to strugle.
Steven Blyth
London, UK
Posts: 148
15 years ago
Aug 17, 2009 14:44
Printing money faster then the Bank of England
Steven Blyth
London, UK
Posts: 148
15 years ago
Aug 17, 2009 14:43
Simply couldn't help but open up another GBPUSD short. Im such a glutton. Gentlemen starts your engines.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Aug 17, 2009 14:29
spec, very plausible ineed

Ashraf
speculator
Posted Anonymously
15 years ago
Aug 17, 2009 13:43
I predict 1.60 cable by 25th Aug
Steven Blyth
London, UK
Posts: 148
15 years ago
Aug 17, 2009 9:55
TraderKos. Hi there. Currently out of my USDJPY short as there are better shorts. CADJPY and GBPJPY. Ashraf speculates a sub 93 target by end of August. Happy Profits.
speculator
Posted Anonymously
15 years ago
Aug 17, 2009 9:28
guys, speculative shorts against the USD have been reduced significantly since 1 week or so. Ashraf have u got any updated charts?

thanks
TraderKos
Illinois, United States
Posts: 1
15 years ago
Aug 17, 2009 8:54
Steven
What are you seeing to short USD/JPY this week? I held the thesis that it hit its target off the double bottom, retraced 50% and was in the midst of a wave B (o/c wave counts vary person to person). MACD did not make a lower low on the Daily. I'm looking for a bounce & leg higher but would appreciate hearing your POV.
speculator
Posted Anonymously
15 years ago
Aug 17, 2009 0:24
watch out for dollar strength (excl jpn) tomorrow morning uk.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Aug 16, 2009 21:47
Thanks guys for the kind words. We should not only make sense of the market but also exploit for our personal gains. That's what's it's all about. Understanding trends and predicting crises is ONLY part of the challenge... in my opinion.

Ill be hosting CNBC's Squawk Box on Monday but a little earlier this time 5:15am GMT, 6:15 am BST.

Ashraf
Report Reply
1...121314151617181920212223242526...53