Forum > View Topic (Analytic)
by Ashraf Laidi
Posted: Nov 18, 2008 3:15
Comments: 1310
View Analytic
This thread was started in response to the Analytic:

GBP Trade Index 18-Year Chart

Daily GBP (British Pound) chart of 18 years of cyclical developments in finance & politics
 
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kidwai
karachi, Pakistan
Posts: 77
14 years ago
Dec 2, 2009 6:38
Hi Ashraf Brother,Thankyou so much for AUD/YEN it already hit 80.45 and your second target was 80.90 but honestley i took my profit at 80.78. Thanks for your geneuiss Trade its superb.
Pls tell me now waht you said about Aud/yen and pls Aud/Usd.
Thanks
Best Regards.
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Dec 2, 2009 1:03
Mafioso, thks for that.

Ashhahiba, it does not make much sense for you to follow me or anyone else blindly without trying to learn the market yourself. I know it's easier said than done and markets can be very hard to read sometimes. But i spent hours putting material in order for people to learn the rationale/reason/appriach i use to the markets. People must aslo do their part and read the IMTs, articles and my tweets on Twitter (as well as other sites and analaysis and sharpen their techanalysis and fund skills). Otherwise, you may as well go to a casino and play craps. best of luck.

Karan, sadly that makes a lot of sense and the lack of information is a big problem.

As i said on twitter: there is more talk about the capital flows impact on GBP from Dubai. Many gulf investors may start selling some of their property and holdings in the UK.

Simao, how about starting with preliminary target at 1.6560, 1.6520. 4-hour chart is very negative.

Ashraf

Ashraf
simao
casablanca, Morocco
Posts: 51
14 years ago
Dec 1, 2009 20:20
hello ashraf, i have sell GU now at 1.6636, you think he will touch 1.6430 or not? and if you can attach your GBP/USD chart it will be a great pleasure welah. all thnx and salutation by mohamed
ashhabiba
Giza, Egypt
Posts: 24
14 years ago
Dec 1, 2009 19:13
M/Mafioso
Thank you for your Advice
Dr/Ashraf Hassan
Karan
Singapore, Singapore
Posts: 83
14 years ago
Dec 1, 2009 18:28
Hi Ashraf,

Thanks for your response earlier. I am aware of what you mentioned and find it hard
To believe why the markets are rallying.

Also noticed your tweet of Dubai World's possible 150bln debt.
I met a CFO of Nakheel who was fired within months of appointment. He told me the
Situation was really bad and he was fired as there were some serious balance sheet discrepancies
Which he became very curious about. I'm confident that its worse than it seems.


Rgds,
Karan
Mafioso
Egypt
Posts: 2
14 years ago
Dec 1, 2009 18:12
Hello Guys..my first post here. First of all i like the site and i think Ashraf's analysis on markets are one of the best out there. Purchased the book and currently reading it. Now the reason for my post:

Mr.ashhabiba...if u r trading forex based on another man's opinion whether it is Ashraf or even Paul Tudor Jones...then kiss ur money goodbye cause u will lose all ur money in a very short time and u will never ever succeed in this business. No offense but this is the simple truth. My advice to u is to save ur money until u learn the ability to make ur own trading decisions whether based on technical analysis or fundamental analysis.

Just my 2 cents.
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Dec 1, 2009 18:07
Karan, when no one is talking abt dubai and US DATA come in on the positive side (see my IMT) risk appetite goes up and dollar drops. i have said this many times: when markets are neutral (today they are rallying from asia to europe to US) dollar usually drops. i hope that is clear.

ashahiba, called the resistance at 1.6630-40, which may be hard to break so there is a chance to fall back to 1.6450. But ADP report tomorrow will have to be NEGATIVE ie,. losses greater than 160K.

Ashraf
ashhabiba
Giza, Egypt
Posts: 24
14 years ago
Dec 1, 2009 16:55
Dear M/Ashraf
Do not get angry from me . I'm still your questions on the short sterling because I want to know whether trends are continuing down? Or changeIn your mind and become a rising?
Dr/Ashraf Hassan from Egypt
Karan
Singapore, Singapore
Posts: 83
14 years ago
Dec 1, 2009 16:46

Hi Ashraf,

What's your opinion on the bullish momentum of gold at the moment.
Its broken the 1200 mark already and seems to be edging higher.
any suggestions ?

And why is the dollar weakening so much without any strong reason.
Dubai is something everyone should still be worried about.

No news regarding exposure of UK banks to Dubai yet?

Thanks & Regards,

Karan
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Dec 1, 2009 14:06
assahiba, if you read what i say, i said support for GBPUSDwill hold at 1.6280 for now. The latest rebound remains at 1.6640. see latest IMT.

Ashraf
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