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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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Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Sep 10, 2009 15:11
I think FX and stock is loosing the correlation....commodities price start follow FX more and more......
Gunjack
London, UK
Posts: 1184
15 years ago
Sep 10, 2009 15:09
I'm also hearing market talk that the SNB are actively buying USD and EUR against CHF
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Sep 10, 2009 15:07
short USD/NOK only 1/3 size.......I will add more if it goes up.....
Gunjack
London, UK
Posts: 1184
15 years ago
Sep 10, 2009 15:01
Market talk of China selling EUR/USD, unconfirmed though
chloethebull
halifax, Canada
Posted Anonymously
15 years ago
Sep 10, 2009 14:56
lol...i kinda figured gbp wold have been a good flip for today...but i still appreciate every take on different pairs...bt i thought if usdcad was going to 1.09 then gbpusd would have to weaken...ohh well always next time ..gl an thanks
canados
Italy
Posts: 3
15 years ago
Sep 10, 2009 14:44
sorry, confused with nicknames
canados
Italy
Posts: 3
15 years ago
Sep 10, 2009 14:43
hi guys,
i'm new here, great website

about GBP, Chloe, my short term view is bullish like 14raj until price remains above 1.6580-1.66 area
14raj
Kolkata, India
Posts: 210
15 years ago
Sep 10, 2009 14:08
Ashraf,
I initiated my short in EUroUSD at 1.4586....what do you think about the pair?I know you are bullish on the pair but i am just talking about short term idea.
Regards,
Rajib.
chloethebull
halifax, Canada
Posted Anonymously
15 years ago
Sep 10, 2009 14:04
thanks nzvik..i held off on the short position @ 1.6655..incase gbp runs higher..have a good day
nzvik
Auckland, New Zealand
Posts: 225
15 years ago
Sep 10, 2009 13:52
Chloe, Ashraf probably knows best.

But I would be very careful in shorting GBPUSD, rather I am looking at a potential short term long position on this.

BOE is not expanding its Asset purchase program and holding rates at 0.5%, it looks like a clear run to 1.7 provided the S&P maintains its upward momentum.

Good luck.
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