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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 5, 2009 1:10
FX........I am making a lot of profits this week......I hope market will give me more chance next week.......

Spec, have you bought USD or US bond......what are you waiting for?? I hope no one will listen to you, because you don't understand anything......and never trade on the market......
FXHandler
Norway
Posts: 195
15 years ago
Sep 5, 2009 0:10
Qin, congrats with your NOK.
I don't beleive in this Friday rally, awaiting for the NOK and oil to loose it's steam in September. Pretcher went bearish last week....
speculator
Posted Anonymously
15 years ago
Sep 5, 2009 0:04
qin, obvious conclusion u dont need a phd in finance to work that out. but 10 years is too long for the market to price in accurately. use one year forward and he will be proved wrong. 10 years is not medium its long isnt it? i also think that he assumes that markets are fully efficient and can price things correctly. what the market expects long term doesnt normally materialise due to millions of reasons as conditions and variables keep changing. if he believes dollar will be replaced as prime reserve then why is short end so close to forward?
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Sep 4, 2009 22:57
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=agBaZUmsA2hA
chloethebull
halifax, Canada
Posted Anonymously
15 years ago
Sep 4, 2009 18:46
at the momoent my stratagy is buyin $50k blocks of usdcad..spaced out every 50bips from my enty point..(short or long)but am thinkn that i should increase the block size as the pressure is put on the usd or cad so long as the technicals support the move..also thinking of shortening the the 50bip to 25bips...thanks again all the best
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 4, 2009 18:38
Chloe, i think it's a good entry point tp buy USDCAD at the support of 1.0830 DESPITE THE surprising creation of Canadian jobs in August. Aside from the fundamental news which is negative for USDCAD, the technical entry is good one. Also follow the technicals in US crude and how whether it breaks above 69.


Ashraf
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 4, 2009 18:35
Qin, congrats on ur NOK.

Chloe, not familiar with that service. brush up on technical analysis (a bit of candles, oscillators, classic and qntvv tech anlsis) and keep following the forum, my IMTs and see what works and WHY It does and it does not.

Ashraf
chloethebull
halifax, Canada
Posted Anonymously
15 years ago
Sep 4, 2009 18:34
qin...i just went long usd..lol..1.0832..hope your not right..but i agree short position is better than long usd..lol..gl
chloethebull
halifax, Canada
Posted Anonymously
15 years ago
Sep 4, 2009 18:31
thanks ashraf...im new to the forex only been doin it for a few mths..an saw you talkn on bnn an like your attitude an outlook..so began to follow your advice so far were making money...i only play usdcad at the moment ..lol..what do you think of forex meters like fx4caster?thanks again all the best
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Sep 4, 2009 18:27
FX, are you there?? congratulate you are making some profits, if you still hold your position..
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