EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
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Ive given several trading ideas on my website as service I chose to give. On my IMTs, on the weekly articles, the HotCharts and most of all on Twitter. All these ideas were based on technicals as well as fundamentals. In my view, there's no website out there that supplies a combination of fund and tech analysis on forex, equity, commodities like AshrafLaidi.com by the same person. If you want me to hold your hand and tell you where to get in and where to get out I will not do that (even though I did that several times before). This website has taught many people about the intermarket relationships, which most investors and traders could not grasp 6-7 months ago. Today, everyone is well versed on these relationships (and even TV anchors speak about them with so much ease-- not to mention the readers on this site and others). If all these IMTs, articles, HotCharts and trading ideas do not satisfy your definition of trading ideas, then feel free to go elsewhere.
Ashraf
I think today will be a selling off day........let see......
spec, you always say I am funny, but i guess most of us think you are ridiculous......
To be honesty, I don't know why Ashraf never post any trading positions and entry points for us.....most of other FX web side are posting some trading ideas some times.......of course no one always get right......On my view, Ashraf more likely show us some graph and draw some line on it....then post some resistance line and support line.......
Ashraf, are you tech analyst???
concerning pound dollar you are also incorrect. it peak just a couple of years ago the most for a few decades.
In year 2000 EURGBP was at 0.59, in 2007/08 it was around 0.78, now it is around 0.88.
In year 1985 GBPJPY peaked at 339 now around 153
And to asure you that the GPB has only gotten less worth during the last decades: From 1960-1967 GBP/NOK was stabile around 20, Ever since then it has dropped, now it is around 9,8.
GBP used to be a great currency, this is history now. If you want me to go even further back in time, in 1822 we had to pay 35,34 NOK for 1 British Pound!!!!
Here is data for GBP/NOK from 1819 untill now (yearly average)
http://www.norges-bank.no/upload/import/stat/historiske_data/no/historisk_valutakurser/hktab_n.xls
Regards
when the US is confirmed that it has already exited the recession that is officially when the US dollar rally will resume. until then, dollar bears will mount adding to the strengh of the coming rally.