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by Ashraf Laidi
Posted: May 28, 2009 15:40
Comments: 129
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This thread was started in response to the Article:

Yield Shoots, Dollar Leaves

Soaring yields give no choice to the Fed but to increase the quantity of bond purchases at the expense of the dollar. Speculative Forex positions agree.
 
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Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 8, 2009 16:27
Hey, Ashraf
I don't understand what do you mea?? IMT??? what is MIT meaning?
MI
New York, United States
Posted Anonymously
15 years ago
Jun 8, 2009 15:34
Ashraf, did your views change from last October when you suggested USD/JPY low of 79-80 for 2010?
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jun 8, 2009 14:44
Qin, see aussie and kiwi resistance at latest IMT.
bluecheap, 1.5950-60 looks like a decent interim resistance for cable.

Ashraf
bluecheap
Singapore, Singapore
Posts: 15
15 years ago
Jun 8, 2009 13:36
hi Ashraf, what do you think of GBP/USD? now that it breaks 1.59 resistance. will it rebound now?
Thanks.
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 8, 2009 11:12
Hey,
Thank you so much for your advice. I didn't bet a lot this round. Because I am still waiting for the consolidation over. Then I will long AUD and CAD, short USD and YEN.

What do you think about YEN? Some Japanese traders are talking about selling Yen and target AUD/YEN 86.

Please give me some advice about YEN. And what is the target in your mind about AUD/USD and USD/CAD in this consolidation.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jun 8, 2009 11:02
Quin, then you must be clearly in the money.

Ashraf
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 8, 2009 2:03
Hey, Ashraf
I believe you, I just short AUD and long USD for a third of my position. I think it is enough. By the way, what is the target in your mind?
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jun 7, 2009 23:45
Quin, now is the time to sell Aussie for short term profits before fresh LT buys. Ive said this on friday so take advantage of these shorts.

Spec, i issued a clear short call on cable (shooting star) today so time to take advantage of that. weak dollar might make it hard for cable to tumble. but let's worry about "crisis" stuff later on. Now is time to take action and get some quick 70-100 pips.

And im not sure if readers of this site got my message for the past 9 months. If thers's a message that had been repeating is that of BUY GOLD AND SILVER for all kinds of time frames (speculative and LT term holds)

Ashraf
speculator
Posted Anonymously
15 years ago
Jun 7, 2009 17:53
ashraf, any guess where cable is trending? Do you see a sterling chrisis this year? Thanks
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 7, 2009 17:24
Hello, Ashraf
I am waiting for the chance to long AUD and CAD, short USD now. Please keep update, if you see any evidence that this consolidation may over.

Best regards
Qin
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