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by Ashraf Laidi
Posted: Jan 1, 2011 0:30
Comments: 1846
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This thread was started in response to the :

Ashraf's Book: Currency Trading and Intermarket Analysis

Ashraf's Book: Currency Trading and Intermarket Analysis
 
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chloethebull
Canada
Posted Anonymously
15 years ago
Sep 11, 2009 1:13
hey ashraf or any1..if u don;t mind me asking how many bips do u go for on a trade...??i realize theres prob alot of factors that need to be taken into account...also if you see that your trade is not goin the way you thought do u just bail or just hold it til it recovers(again prob depends on situation)..thanks for the pointers
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Sep 10, 2009 22:25
strange thing happen to my positions!!!! I can't believe that my positions was be triggered at my break even!!! buy and sell gap expended 260 pips for 3 seconds then come back to normal!! I have had 3 times the same experience in my life.........Maybe I shouldn't put stop........ I end up with -2 euro loss.......haha........it must be a joke to me...
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Sep 10, 2009 21:32
add stop at my break even.....good night...
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Sep 10, 2009 19:02
houram, what is that??stock desktop with twits?? I don't know how to use twits.......maybe I should learn......anyway, thanks for the advice.....
houram
Vancouver, Canada
Posts: 55
15 years ago
Sep 10, 2009 18:57
Hi Qin,
I recommend you to use Stock Twits Desktop for posting your positions entries. Most people post under the Forex section and it's fun too
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 10, 2009 18:06
Raj, i think that's a very decent entry point in EURUSD. 1.45 is highly probably by early next week. But important to see how stocks close this week.

Ashraf
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Sep 10, 2009 17:55
Seems like I am kind of right..........I will post again, if I add more position or cut my positions even I end with loss on it.......hope it will not happen.......who knows.....hha.....

Good luck!!!
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Sep 10, 2009 16:23
If anyone want to trade on NOK....please pay attention on EUR/NOK............I guess most of traders are short more EUR/NOK then USD/NOK.........if they continue covering their short on EUR/NOK........NOK will continue showing weakness..........
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Sep 10, 2009 16:17
Gunjack, thanks....I only put 1/3 size.....If I am wrong on this short term, the pare go up more....I will add little by little to short it........anyway.....let see........

Good luck !!
Gunjack
London, UK
Posts: 1184
15 years ago
Sep 10, 2009 15:16
Qin I'm no economist but im guessing the R2 correlation b/ween Oil and USD must be v high at the moment
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