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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3119
Forum Topic:

Commodity FX (CAD AUD NZD NOK)

Discuss Commodity FX (CAD AUD NZD NOK)
 
Qingyu
manchester, UK
Posts: 1763
13 years ago
Dec 9, 2010 18:21
short again @9846
NeoHg
Torrejon del Rey, Spain
Posts: 1
13 years ago
Dec 9, 2010 17:42
Ashraf said in a tweet:

"$NZDJPY shorts coming in nicely; the equivalent of long $USDJPY & short $NZDUSD. kiwi/yen 62.20 $$"

I'm new to Forex and perhaps is a dumb question but:

If USD is stronger than JPY
and
USD is stronger than NZD

I can`t conclude NZD is weaker than JPY. Can anyone explain it to me?

This example I do undestand:

"Long USDCHF short EURCHF = short EURUSD"
USD>CHF>EUR so is clear USD is stronger than EUR

Have fun!
said
mulhouse, France
Posts: 2822
13 years ago
Dec 9, 2010 17:27
loudsleeve
would u be a buyer of northwest airlines.
Qingyu
manchester, UK
Posts: 1763
13 years ago
Dec 9, 2010 16:47
tp9855, short now @9824...
rose
United States
Posted Anonymously
13 years ago
Dec 9, 2010 16:39

im short now from 9870
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Dec 9, 2010 7:37
tp on audusd long entry 9763 @9870
as said head and shoulders is a Procter&Gamble product
loudsleeve
United States
Posted Anonymously
13 years ago
Dec 9, 2010 3:47
618 for those who are wondering is seldom un broken, but maybe I should have said that in a limerik or something said
loudsleeve
United States
Posted Anonymously
13 years ago
Dec 9, 2010 3:36
with any trend there will be a fibonecci, even right to the minute...... draw one on the aususd for a month.... 618 i said .... said
jcd5816
United States
Posts: 10
13 years ago
Dec 9, 2010 3:11
Another point to new traders, you don't need to take every trade idea Ashraf says just b/c he said it. Use him as a source of learning, but in the end you need to know why you took the trade you took and have YOUR own reasons. If you depend on Ashraf or anyone for that matter to make your trading decisions, you will never learn how to trade. You have to stay disciplined to YOUR approach and make sure your approach has a provable edge so that overtime you can consistenty pull money out the market. New traders, work on discipline and understanding market structure and you will do better over time. Also, price is the LEAST important element in market structure, think about it...
loudsleeve
United States
Posted Anonymously
13 years ago
Dec 9, 2010 2:57
when ashraf says lond usd/chf with out break of 9550 do you actually put a stop at 9550, if so you have never traded fx in your life and probably never will. Do you know that brokers can actually see your orders and simply push you out of the market. as a rule use at the minum 9 pips. Ever hear of a HEAD FAKE? When ashraf says maybee head and shoulders broken, do you close short position immediately? what. Being in the money is a free ride people. Maybee he is wrong, when he called a short EURUSD short from the 140s to 117s, how many big pips is that? Just watch the old videos and IMTs it.s all there. Sorry just a little pissed with prevous lisa posts and others before, can't help myself. But seriously, If you trade FX to make income, you MUST take ashraf seriously, if not GOOD LUCK