Forum > View Topic (Article)
by Ashraf Laidi
Posted: Jul 6, 2009 14:55
Comments: 61
View Article
This thread was started in response to the Article:

Dollar Stability Choppy & Temporary

The dollar's much anticipated stabilization is bound to be choppy at best
 
1234567
Jmx
Singapore
Posts: 44
15 years ago
Jul 9, 2009 11:59
AshRaf yeah looks like pound going dive soon I had shorted at 1.6210. If they only use 25B ponds and keep rates unchange what will be the impact on pound??
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 9, 2009 9:45
jj, keep belts fastened, your margin use low and nimble (but not overtrade)

cougr, yes twitter can be infooverload thats why you have to follow who you follow. Select a combination of news services (BBC, FT etcc) and few market providers. Even with my Reuters and Bloomberg, I dind twitter to be useful.

Ashraf
cougr
Australia
Posts: 101
15 years ago
Jul 9, 2009 2:40
Ashraf , it was only after your suggestion from a previous post that I got on to tweetdeck. Now I can keep up on a timely basis with your and others updates from twitter ,so thanks for that. Only problem now is learning how to deal with the information overload but I'm sure I'll manage.
jj
New Jersey, United States
Posts: 22
15 years ago
Jul 8, 2009 22:35
thank you sir. this has abeen a heck of a 3 days.
speculator
Posted Anonymously
15 years ago
Jul 8, 2009 22:01
ashraf,

dont worry we wont sue you if we lose a million or two!

only kidding.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 8, 2009 21:45
redstone, over what time frame? by year end, id say Aussie or Nokkie as i assume by year end global growth would have enough hopes. we shall see.

jt, hard to predict a volatile pair such as GBPJPY for just 24 hrs. might bounce near 150.50 if tokyo opens lower but i reckon we could selloff again later ahead of EU session and back to 149.

jj, consider shorts around from 92.80s to 93.40s for targets at 92.20s-91.80s

NONE OF THE ABOVE IS FINANCIAL OR INVESTMENT ADVICE. INSTEAD, IT MY PERSONAL OPINION ON MARKET DIRECTION.

ASHRAF
jj
New Jersey, United States
Posts: 22
15 years ago
Jul 8, 2009 21:08
any profit target on usdjpy?
speculator
Posted Anonymously
15 years ago
Jul 8, 2009 20:24
yen of course. the ultimate of all havens! then yen was spectacular today..that says something
jt
United States
Posts: 15
15 years ago
Jul 8, 2009 20:04
Ashraf,

The GBPYEN.. What a ride today!!!

What are your thoughts for the next 24hrs? and other yen crosses?

JT
redstone
UK
Posts: 25
15 years ago
Jul 8, 2009 19:14
Thanks Ashraf. Was hoping it would be a lot lower. which currency would provide the best return against GPB then ?
Report Reply
1234567