Forum > View Topic (Analytic)
by Ashraf Laidi
Posted: Nov 24, 2008 3:56
Comments: 677
View Analytic
This thread was started in response to the Analytic:

EUR Trade Index 18-Year Chart

Daily EURO chart of 18 years of cyclical developments in finance & politics
 
ashhabiba
Giza, Egypt
Posts: 24
15 years ago
Sep 16, 2009 9:14
Dear Ashraf
Good Day
may Price Range in EUR\USD 1.4625 [ SOLD ]. can U tell me about DIRECTION OF THEM
tHANK yOU
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 10, 2009 18:01
asshahiba, 1.4627 is a major resistance. And even if we test it, i doubt we would close above it. I see 1.45 by tomorrow, if not surely early next week.

EVERYBODY : PLEASE DO NOT ASK ME FOR "POSITION ADVICE" i.e. WHETHER TO HOLD, SELL OR BUY BECAUSE I HAVE NO IDEA ABOUT YOUR RISK TOLERANCE, MARGIN REQUIREMENTS AND SO ON..I DO NOT INTEND TO GIVE SUCH ADVICE. ONLY ASK ME ABOUT MARKET DIRECTION.

Ashraf
ashhabiba
Giza, Egypt
Posts: 24
15 years ago
Sep 10, 2009 14:59
Dear M Ashraf
I'm impressed by your when I saw you in the in Bllomberg TV
can I ask you . What is your Opinion about EUR \ USD. I Sold it yasterday at 1.45
can U Give me Advice . hold. cut or Wait
D\ Ashraf Hassan
Egypt
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 6, 2009 18:01
Internationalist, your question on EURCAD is a tough one because i expect broad EUR strength to reemerge in Q4 onwards and oil prices to regain 70s in December. So if I were you, I would gradually start selling CAD for EUR but do not wait too long. Any violent decline in global stocks is likely to be more negative for CAD than for EUR so it is best to do your connversions when stocks are in good shape.

Ashraf
FXHandler
Norway
Posts: 195
15 years ago
Sep 6, 2009 6:48
Yes Asad, I knew that.... The best swing traders are the most selfish people.....
LOL
asad
London, UK
Posted Anonymously
15 years ago
Sep 6, 2009 0:59
Umm FX,

I think Inter was talking about a retirement home for himself, not for others... :p
FXHandler
Norway
Posts: 195
15 years ago
Sep 6, 2009 0:23
internationalist,
Good guy you are.
You think about others, not yourself, seldom these days.
Short-term, CAD dollars go will go low and Euro will stay stabile.
Long-term, CAD dollar is gonna go up.
Financial crisis is not yet over, commodities are aout to take a big hit. Then later, go for a big rally.

*Anyway, Ashraf is the one to talk to (on holiday now).
internationalist
richmond hill, Canada
Posted Anonymously
15 years ago
Sep 5, 2009 13:04
Ashraf,

I am planning of building a retirement home in Europe and I will need to convert Canadian Dollars into Euros. When in your opinion is the best time to do so, between now and the next 6 months ?

Thank you,

Internationalist
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Aug 1, 2009 20:04
Jmx. we shall see it. GBP fundamentals warranted the recent declines but Friday was hugely driven by that obscene and unexplainable rebound in oil.

Ashraf
Jmx
Singapore
Posts: 44
15 years ago
Jul 31, 2009 18:15
Ashraf,

Looks like the bullish convergence is playing out next week pound will be heading north unless this the retracement can may this 4 hrs bar into a shooting star.... I had decided to cut lost my position pound had break out.

Anyway have a nice weekend. :)