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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.
 
montmorency
Abingdon, UK
Posts: 610
12 years ago
Feb 4, 2010 23:28
@Spec: 84? Seems hard to believe, but then I would scarcely have believed 80 not so long ago! :-)
speculator
Posted Anonymously
12 years ago
Feb 4, 2010 22:13
my target of dxy 80 by feb has been met. Now we are heading towards 84 by q2.
zwan
qamishli, Syria
Posts: 25
12 years ago
Feb 4, 2010 21:56
you are a man ashraf

and today someone tell you and you forget to put it here

he said

ashraf is nustradamus = ashrafdamus
Ashraf Laidi
London, UK
Posts: 0
12 years ago
Feb 4, 2010 18:49
pepe, EURGBP not the most evident pair to trade. in shortterm we can see 0.8650 while resistance capped at 0.8860.

I HOPE MANY OF YOU HAVE BENEFITED FROM TODAY'S MARKETS. THE FOLKS WHO FOLLOW ME ON TWITTER HAD A FIELD DAY:


*********SOME COMMENTS FROM TODAY ******

RT @alaidi: This pattern of rallies| Ashraf, those who follow you with a well capitalised accounts must be seeking offshore accounts now :)

@alaidi OK, OK.....after 120 pips in the past hour, I guess you earned it. You're my hero!


@alaidi for a Shorty in #finance cos the money he's made me means I no longer have to work so have nothing else to do!http://bit.ly/shorty

I vote for @alaidi for a Shorty Award in #finance because... he's an EarlyTwit with great info to start the day.http://bit.ly/shorty



Ashraf





pepe
london, UK
Posts: 15
12 years ago
Feb 4, 2010 17:46
Ashraf,

thanks for your amazing view on markets and correlation........a lot of people including me are learning a lot from a fantastic teacher....

One question from a European worker in UK.....What s your view on EUR/GBP 6-month-12 month (I guess bearish but how much?) especially in the view of a weak EUR for all your stated reasons in this article?

How would you protect your money in ?

Thanks
montmorency
Abingdon, UK
Posts: 610
12 years ago
Feb 4, 2010 16:52
@Saka: Yes, very interesting. Is it true that the Chinese government encourages its citizens to buy physical gold? I have seen that said on (western) trading forums.
speculator
Posted Anonymously
12 years ago
Feb 4, 2010 16:51
dxy target of 80 by feb almost touched. I can see it rally strong into at least march for now
Saka
China
Posts: 29
12 years ago
Feb 4, 2010 16:41
montmorency,

Nice to meet you here also.

It is true that I also want to study Ashraf who combines technique and fundermental together so wonderful. In my mind, if you master more ways of anaylsises which are from different views of the market, the more the result is relieable.

Anyway, it is so interseting of learning how to trade FX!
kidwai
karachi, Pakistan
Posts: 77
12 years ago
Feb 4, 2010 16:40
Hi Ashraf Bro. u are the best love u brother.
Best Regards
Yasir Kidwai
montmorency
Abingdon, UK
Posts: 610
12 years ago
Feb 4, 2010 16:22
@Saka: Hi & welcome here. Yes, there is a lot of good stuff at FF too.

Personally, I've been getting away from technical trading and trying to get more into fundamentals (which I used to ignore 100%). The good thing about Ashraf is that he manages to combine fundamentals and technicals. I still think it's hard to find the right balance myself, but I'm still learning.
A lot of it comes from experience and I think it becomes instinctive, although it's not a natural instinct. We have to learn it in some way, consciously or sometimes unconsciously, being aware of how the market is changing as well of course.