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by Ashraf Laidi
Posted: Jul 16, 2009 17:32
Comments: 89
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This thread was started in response to the Article:

Gauging the Bounce in Appetite

Forex markets have yet to buy into the rally in US equities.
 
 
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Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 30, 2009 22:47
raj, if anybody claims to know exactly whats going on w/oil, they should be in chicago. The risk now is for the upside in equities tomorrow. Watch for exagerated moves in case of neutral-strong GDP.

Ashraf
14raj
Kolkata, India
Posts: 210
15 years ago
Jul 30, 2009 22:27
Ashraf,
I am bit confused with crude oil movement.last two days action is bit hard to digest.What you think about crude?I am in short side at $66(NYMEX,Light), even short in Dow .
regards,
Rajib
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 30, 2009 9:32
Gun, Nikkei sure had a strong recovery. let's see if it's not a double top. Technically, 10,800 is very possible.

Ashraf
Gunjack
London, UK
Posts: 1184
15 years ago
Jul 30, 2009 9:08
Hi Ashraf what are your views on the recent gains on the N225...I feel a break and close above 10236 should see further upside on that index.

Thx
Gunjack
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 29, 2009 23:36
wolf, your assessment implies prolonged gains in equities. im being cautious in my dollar longs and remaining nimble.

Ashraf
Forexwolf
Auckland, New Zealand
Posts: 39
15 years ago
Jul 29, 2009 22:24
As we know, they are very concerned about the NZ$, but cannot really do much about it other than trying to jawbone it down - not with much success though. I see it dropped about 70 pips on the announcement and concerns. This will probably recover in the next few days to the highs of 0.66 again as I see it. Your views?
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 29, 2009 20:34
Wolf, RBNZ widely expected to keep rates unchanged. watch the statement and how concerned it is on NZD strength.

Ashraf
Forexwolf
Auckland, New Zealand
Posts: 39
15 years ago
Jul 29, 2009 19:46
Do you expect NZDUSD to drop if RBNZ decide to lower their case rate?
Jmx
Singapore
Posts: 44
15 years ago
Jul 29, 2009 19:28
Dima,

Thks for the reply. I am not use to mid term trading.

Jere
forextrader
vologda, Russia
Posts: 127
15 years ago
Jul 29, 2009 19:23
JMX
Book profit of 25 pip ?? I think it is much better Hold it will go to 1.6250 .

I am not sure why the Cable did not fail as much as we expect, maybe because of the noise coming out of the UK regarding the bottoming out of there housing market. I am not sure why

I still think 1.58 is good medium term target for the GBP/USD

Dima
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