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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
halifax, Canada
Posted Anonymously
15 years ago
Sep 10, 2009 13:31
hi ashraf...i was looking @gbpusd an was looking @ a short position around 1.6630..just wondering what you thought of it..i usually only play usdcad but decided to branch out an try playing othere pairs..thanks
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 10, 2009 11:02
CADJPY HotChart is now up

Ashraf
hungrybear
UK
Posted Anonymously
15 years ago
Sep 10, 2009 10:11
usdcad will regain 116 its only a matter of time
nzvik
Auckland, New Zealand
Posts: 225
15 years ago
Sep 10, 2009 7:27
All indications on the Crude oil (Oct) 4 hr charts are pointing towards a further move up.
If it breaks 73.90 - look for another shot at 75.

Unless the inventory numbers are crazy, I am bullish on crude till the S&P remains above 1016.

Look for the S&P today to close above 1040 (not easy as strong and recent resistance is at 1038) - if it does, we are headed towards 1060+ in the next week, taking crude towards 80 and the EUR towards 1.4700 and the AUD towards 90.
Gold however looks to be headed towards 980 and maybe lower in the next few sessions.
Good luck with your trading
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 10, 2009 5:31
chloe, oil has yet to break above that 72.40 resistance. EIA inventory data due today (instead of usual wednesdays) expected to show a drop of 1.5-1.8 million barrels in crude oil. Regardless of OPEC, the crude chart remains negative and we'd have to see a break above 73.20 for bears to worry. Still, the 200-week MA at 74.60 is behind us.

Ashraf
chloethebull
halifax, Canada
Posted Anonymously
15 years ago
Sep 9, 2009 16:40
thanks ashraf...im watchn crude to see what opec decision will have on it..if they leave production were its at do you think that will put pressure on usd?if so i;ll wait to see if they try to retest 1.0675..but i do think usd look ok @1.0750 or below...hopfully there is a long trade b4 end of the week thanks...u think gold is tryn to build some support at 1000 b4 the next move up or is this resistance..thanks again
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 9, 2009 15:48
chloe, though USDCAD is back down it;s well above yesterday's low. that's one signal. tomorrow is BoC rate decision so maybe we get some reference to CAD strength. CADJPY drops back below 85.


Ashraf
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Sep 9, 2009 15:29
Ashraf,
on my view, even USD/CAD start pulling back now.....it is impossible go to 1.16......if terror attack happens in Canada, it maybe will be possible......the limitation will be at 1.10 to 1.12.....but downside for the pare is kind of unlimited.......

guys, I moved out USA before crisis, because I knew something would happen and very powerful......I think I made my best decision in my live moved into Sweden.....
Don't feel so strange, I don't have 2 trillion USD to control FX market.....no one can do that......so I am not only one want to short USD.......

Asad, I don't think I have given you any wrong info which made you end with loss.......you know that who is making the same mistake everyday...and who is making mistake sometimes.....ask yourself.....
by the way, I bought some mining stocks in Sweden........I am investing in Nordic countries......
chloethebull
halifax, Canada
Posted Anonymously
15 years ago
Sep 9, 2009 13:10
thanks ashraf...my intentions is not to get free information an a free ride to make $ but to try to see how others play it..an make the correct adjustments to my own style..an your right when i first entered usdcad support was around 1.17 then it fell throught to 1.14 thinking that was a great entry point onlt to have it crash to 1.08 in a matter of day then by the following week back up to 1.16..so long as i don;t get too ahead of myself an load up too much usdi should be able to weather any down side...i did some resarch on your pass experience an would have to say you know what ur talkn about ..its very impressive your ability to digest soo much news an data so quickly..thanks again an look forward to your thoughts today
asad
London, UK
Posted Anonymously
15 years ago
Sep 9, 2009 11:11
Spec,

...is that why he left NY? :p I think he chooses to reside in the country he invests in. Verily, Norway is Sweden's good neighbor. :p
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