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...333435363738394041424344454647...53
forextrader
vologda, Russia
Posts: 127
15 years ago
Jun 22, 2009 22:55
I agree with you speculator , I wrote in this forum 3 weeks ago when the USD/CAD was at 1.08 ,,that the CAD is overvalued technically and fundamentally.
And I wrote that I bought 6 lot at 1.0810 and my target is 1.18-1.20. I am still holding them.

The next resistant level is 1.1540 a clear break above this level will take us to 1.18.
Dema
speculator
Posted Anonymously
15 years ago
Jun 22, 2009 22:33
we are likely to see a lot of volatility in dollar pairs this year due to huge differences in bank 4casts this year.so expect to be shocked when funny things do happen. but yes risk aversion is benefiting dollar but less so with pound more with cad.

thanks
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jun 22, 2009 17:53
FXhandler, im afraid there is nothing unpredictable about today's dollar rally. stocks were down in europe and i indicated in the IMT that they were down in India and Russia thus falling stocks = risk aversion = dollar rally. and i did tell you usdnok would still rally.

Ashr\af
FXHandler
Norway
Posted Anonymously
15 years ago
Jun 22, 2009 17:38
Yes, Ashraf. I see it now. It peaked at 6,56 today... and still going strong.
Too bad I didnt buy yesterday and exit the trade today. The dollar is so unpredictable, I should have stayed away....
Do you think it will go even further in the closest future?

Regards
FXHandler
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jun 22, 2009 10:57
FXhandler, looks like USDNOK can go towards 6.52, especially if US stocks sell off today and tomorrow.

Gunjack, eurgbp looking bearish and we could see 0.8340s. any bounce seen limited at 0.86

Ashraf
Gunjack
London, UK
Posts: 1184
15 years ago
Jun 22, 2009 9:40
Hi Ashraf - What are your views on EUR/GBP this week?

Thanks
FXHandler
Norway
Posts: 195
15 years ago
Jun 22, 2009 2:54
Help!

Please Ashraf Laidi! I traded the USD/NOK and are now struggling.... I bought dollar on a high level and had to sell on a lower level. Panicked! However I havent yet closed my position. But traded the bullish dollar and gained some serious bips on it way up.

However, can you tell me your predictions on the USD/NOK this week? What about the interest meeting on Wednesday? What is your outlook?

I really need some help, or my account will be in big trouble...again!

FXHandler
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jun 21, 2009 2:50
will update the futures charts next week.

Ashraf
speculator
Posted Anonymously
15 years ago
Jun 21, 2009 0:28
http://www.reuters.com/article/usDollarRpt/idUSN1945979420090619

THE LINK above shows recent speculative positions with the dollar.

seems like euro is being less bullish this week

pound more bullish ( still net short)

yeh bearish

canadian bullish
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jun 19, 2009 19:18
mo, i cannot find anything of particular that's singling out GBP strength.

Ashraf
Report Reply
1...333435363738394041424344454647...53