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by Ashraf Laidi
Posted: Jul 6, 2009 14:55
Comments: 61
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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
 
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speculator
Posted Anonymously
15 years ago
Jul 8, 2009 19:01
i agree on the first part till u mentioned the last sentence. whilsy it will happen it wont happen this month
Carlco
bristol, UK
Posts: 151
15 years ago
Jul 8, 2009 18:47
speculator, i have to dull the pain of your finger nails in my leg somehow don't i?
speculator
Posted Anonymously
15 years ago
Jul 8, 2009 18:18
carclo are have you been downing pints mate?
Carlco
bristol, UK
Posts: 151
15 years ago
Jul 8, 2009 18:10
Jan 1990- i started in the recruitment industry, i remember Jan 1991 very clearly, all vacancies were withdrawn 'it was a ghost town' i had queues of high paid senior managers looking for jobs that their cheaper paid deputies were now doing. It felt like the world had stopped turning then too. I have heard about as much doom and gloom as i can take! 877 a retracement built from fear and greed, aself fulfilling prophecy me thinks. How about looking at it from a bulls perspective? March low to June highs ?
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 8, 2009 18:08
jmx, we're 15 pips away from my 1.3820 target.

redstone, not fan of year end targets but if you want one for gbpaud d say 1.99.


Ashraf
Carlco
bristol, UK
Posts: 151
15 years ago
Jul 8, 2009 17:49
im realtime, yes Ashraf, some threads i do refer to 6 month outlook usually refering to stocks. FX always realtime-2 days max. sorry for confudulations.
redstone
UK
Posts: 25
15 years ago
Jul 8, 2009 17:48
Ashraf glad I stayed in JPY. But stil need your opinion of AUD/GPB end of year please ! And entry point please
Jmx
Singapore
Posts: 44
15 years ago
Jul 8, 2009 17:33
Ashraf,

you are right again!! :)i did not take ur call or the idealglobal call..... from ur last post you mention about the green shoot..... As I am have not study economics thus I am very confuse about the discussion tht you guys mention. I reading the fibo text and trying to use it on forex but my knowledge is limited.... Getting ur book soon hopefully i can have more in depth knowledge tht i can learn from ur book. Btw i did notice tht we are over the 89 days up trend movement and follow by 55 days corrective movement in technical wise from fibo...

Am I looking at it correctly?? tht this quarter we are seeing bearish movement??
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 8, 2009 17:15
carlco, what does imminent mean? and how far? whats going on is real:

THIS IS FROM MY ANALYSIS TO CMC CLIENTS TODAY:

Unlike the Last Earnings Season
As we enter US earnings season, its worth reminding that much of the upward momentum in the Mar-June equity rally was initiated by a host of positive pre-announcements ((Wells Fargo), less than feared losses (JP Morgan Chase) and rare profitable figures (Citigroups first profitable quarter since 2007), all of which proved effective in squeezing out the shorts. The conclusion of Q1 earnings was followed by the Treasurys stress tests, whose capital requirements were mooted by banks already improved capital structure on the back of the +40% rally in indices. As equities outperformed and the Fed announced its treasury purchases (mid March), the only way for the US dollar was down, which in turn propelled global demand for commodities and fortified the rally in emerging markets, hence the notion of green shoots.


Ashraf
14raj
Kolkata, India
Posts: 210
15 years ago
Jul 8, 2009 17:14
Hi Speculator,
as my personal experiance tought me that commodity complex is not atall crystal clear and as per as crude is concern,Charts telling me that it may be bit impossible for crude to fall below $58-$57 range.From my point of view we are in correction and the market will regain its upward momentum within day or two.Look at gold and crude, the upward shift is here to stay for sometime.
regards,
Rajib.
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