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by Ashraf Laidi
Posted: Feb 3, 2010 17:02
Comments: 116
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This thread was started in response to the Article:

$1.32 Euro Under Construction

The deteriorating momentum of sovereign concerns in the Eurozone & further dissenting rhetoric from FOMC to weigh further on EUR & other risk currencies.
 
joo
london, UK
Posts: 22
15 years ago
Feb 9, 2010 9:59
Hi Ashraf,
How are you? do you see any downside to EURUSD in this week and do you think Cable will reach 1.57 before it go towards 1.5350?
Thanks for your insight..
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Feb 5, 2010 20:22
hotcha, somthins imporved in US jobs market and european fiscal situation got worse but its the general market downturn as liquidty pump runs out that justfies the turn in technicals

Thanks kim.

RSM, why dont youy call BB or twitter or look it up on the Net. do you use tweetdeck?

Peter, yes theyre fine but not sure fio they have more than 25 currency pairs.

Mandi, tech indics are VERY important when you know how touse them. Start with Murphys book.


Ashraf
mandiwie
kartitsch, Austria
Posts: 69
15 years ago
Feb 5, 2010 19:03
sorry there have been some mistakes in my post

I had unfortunately the luck to come across your site only two or three days too late

In future I hope to avoid further damages with your unbeatable oracle and description of the free fall of the Euro, starting in January.

I hope to survive in the forex world with your precious help.

Till November I was long in USD/JPY against the trend; scared about the rumours that there are decent amounts of USD carry trades, that the USD would weaken further.

Therefore I did not believe in a strong dollar any longer but in the contrary in a strong Euro , exactly at the time, as the trend changed fundamentally.

Do you think technical indicators are really helpful ? If so, I would like to send you my metratrader template ?

Manfred
mandiwie
kartitsch, Austria
Posts: 69
15 years ago
Feb 5, 2010 19:00
I had unfortunately the luck to come across your site only two or three too late

In future I hope to avoid further damages with your unbeatable oracle and descrption of the free fall of the Euro, starting in February.

I hope to survive in the forex world with your precious help

Till November I was long in USD/JPY agaunst the trend; scared about the rumours that there are decent amounts of USD carry trades, that the USD woul weaken further.

Therefore I did not believe in a strong dollar any longer but in the contrary in a strong , ex actly at the time, as the trend changed fundamentally


Do you think technical indicators are really helpful ? If so, I would like to send you my metratrader template ?

Manfred
peter1234
California, United States
Posts: 8
15 years ago
Feb 5, 2010 18:50
Ashraf,

I'm newbie and looking into opening an account to trade at FOREX.com, is this a good company to use?

Thanks

peter

PS - If anyone else can shed some light on this is appreciated. thx
RSM198
Singapore
Posted Anonymously
15 years ago
Feb 5, 2010 18:12
Hi Guys,
Not sure if this is the right forum for my question. I have BB and have clicked FOLLOW Alaidi on the Twitter. The software on my BB is called OpenBeak. The question, how can i get Alaidi's message on my BB whenever he tweets. Does the tweet gets pushed to my BB automatically or do i have to pull it.
BTW I have voted for Alaidi.
Cheers
KIM443
BRAMPTON, Canada
Posted Anonymously
15 years ago
Feb 5, 2010 18:00
Hi Ashraf

Delighted to report creamed off around 200 pips total after shorting EUR/USD and GBP/USD - getting into the trades AFTER the NFP figures, excellent calls in your IMTs and tweets! This brings my alaidi-inspired total for the week to over 400 pips, dont know how to thank you.

Now I fear that One fine morning we wake up and find you have been grabbed by Bernanke/Gordon Brown/Chancellor Alistair D/ Goldman Sachs etc. ... which will leave us forum members rudderless.

Finally, regretfully my SHORTY vote doesn't count in spite of several attempts, I believe because I just joined your forum in Dec 2009. But you ARE the best!

Best regards

Kamall
hotcha3
Andorra
Posted Anonymously
15 years ago
Feb 5, 2010 17:39
Dear Ashraf,

If we see your 1,32 target in EURUSD, do you think that will probably be the low for this year ?

I mean, sure Greece and Portugal are worrying, but both together don't count for even 5% of Eurozone's GDP...i really don't see how fundamentals have changed so wildly from the 1,50 in november to now ?
I don't see what has become so much better in USA and so worse in Europe in 2 months to drop 2000 pips...

Thank you very much, and congrats for the great calls on twitter on news days lately (NFP & GDP).
Saka
China
Posts: 29
15 years ago
Feb 5, 2010 3:07
@montmorency: I don't know whether government encourages people by physical gold. But as experience, if people are allowed to buy something, it is encouraged by government ;)
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Feb 5, 2010 1:43
Gary (sorry missed your question--which is a good one)

1) Does confirmation of the Fed Chairman give the FOMC more scope to communicate the timing of end of "exceptionally low policy for extended period"?;

- Yes. BUT mkt will focus on any sign of dissent cuz it destabilizes the status quo of low rates for considerable period.

2) Does the EU Commission's approval of Greek Stability Plan tone down the focus on their fiscal front?

-Approval has its catch; they will revisit their plan in May and Aug but things could get ugly if internal polit problems emerge in Greece.


Ashraf