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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8935
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
chloethebull
Posted Anonymously
13 years ago
Dec 1, 2010 18:48
@ashraf..i had order to short gold @1398 but got scared so i pulled it 5min after i pulled it it droped under 1390 then hit the low1384..but im waiting for u to confirm the h&s..on another note that 1.170level for usdcad seams to be good support so i just steped in an took up a long position 1,0175,got a close eye on oil as well looks to be getting froathy again plus possib doji in s&p could be a nice trifecta trade:)..thanks an gl
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Dec 1, 2010 18:41
What do you think of the Gold chart in this video from CMC dealing desk ?

The right shoulder is getting testy
http://bit.ly/gcP5af


Ashraf



lucky
Nigeria
Posted Anonymously
13 years ago
Dec 1, 2010 16:03
gunjack i am short oil again at 8585 may it will goes down before friday release expecting 1.5. to 2 dollars
Gunjack
London, UK
Posts: 1184
13 years ago
Dec 1, 2010 13:23
@lucky - I had my SL on B/E on my CL shorts..annoyed as was in good profit initially but at least didn't take any loss, which satisfies warren buffetts 2 most important rules ever
Gunjack
London, UK
Posts: 1184
13 years ago
Dec 1, 2010 13:21
@Said what u smoking homie...some random posts
said
mulhouse, France
Posts: 2822
13 years ago
Nov 30, 2010 22:34
lately
rare medium-rare
lucky
Nigeria
Posted Anonymously
13 years ago
Nov 30, 2010 21:43
hi guys closed my oil short 8450 & 8480 at 8360 nice profit gunjack hope you did
moha
Michigan , United States
Posted Anonymously
13 years ago
Nov 30, 2010 21:29
Hi Ashraf
could you please say something about USDCHF. It's not moving. Thanks.
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Nov 30, 2010 21:17
UNCANNY SIMILARITY in Monday US and Tuesday Asia

Another Monday in US equities bounce ignored by Tuesday in Asia.

Using the Dow-30 as a reference, the index closed down 39 pts, recovering from an intraday loss of 154 pts. Despite the rebound, the Nikkei dropped 189 pts Monday (-1.9%), with all other Asian indices closing in the red. An almost identical pattern occurred last Monday, when the Dow-30 had an intraday loss of 147 to later recover and close only 23 pts down. The losses in Asia could be explained away by recurring worries of a Chinese rate hike and reports that a large US bank will be at the centre of the next Wikileak revelations.


Ashraf
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Nov 30, 2010 21:14
Posting my answer to a reporter who asked me about EUR vs GOLD

Gold extended its gains vs. the euro to hit a fresh record high of 1,066/oz amid surging Eurozone bond spreads and a broadening selloff in the single currency. This is a repeat of the Feb-June period when the yellow metal broke to new highs due to uncertainty with Greece and Spain. And just as last Spring, today the inverse relationship between USD and gold is breaking down as both are rallying against the single currency. As a result, the impulsive (main) move of rising Gold/Eur leads to an indirect gain in Gold/USD. The rally in Gold/Eur reflects European investors refuge towards the safety of the yellow metal, which consequently leads to the metal rallying against all other currencies, albeit at different degrees. The European worries of Ireland, Portugal and Spain are prompting a classic refuge to safety, whereby both gold and the Swiss franc are outperforming the majority of currencies.

Ashraf