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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
Aug 27, 2009 21:22
spec, have you start trading your real money?? I just read your comment....seems like market really doesn't like you, because every time you speak out your prediction, it shows you reversal way........

I shouldn't go out for lunch with my friend today, otherwise I won't put my stop at break even maybe......
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 27, 2009 21:17
Seems like on one is trading today......or too busy to watch the screen.......
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 27, 2009 20:05
Hey, Ashraf Laidi
Would you like to post some your trading positions and entry points, when you trade on FX??

No one is always getting right on the market.....but if you can give us some detail about your trading, most of us will be more appreciate ........
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 27, 2009 19:50
This is why I always want to trade on one side short USD.....

I don't know how many of you are making money on it or losing money......my pare usd/nok was stopped out by my break even, when I was taking lunch time.......

good luck!!!
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 27, 2009 19:24
wall street got call from oil rich nation???
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Aug 27, 2009 17:01
spec, adding to what you said about GBP, remember my article from 3 weeks ago showing the IMPORTANCE OF THE 50-DAY MA IN GBPUSD. it regained it in March when Fed bought trsys and it fell below it when BoE said will buy more gilts. Very straightforward.

Ashraf
speculator
Posted Anonymously
15 years ago
Aug 27, 2009 12:38
there is a high possibility of a sterling crisis this fall if stocks pull back. the way i see it is:

selling pressure of sterling due to fundamentals and shocking numbers
selling pressure of sterling as risky business unwinds back to safety
QE will keep yields very low for some time.
credibility of BoE damaged making sterling a risky (short term) currency if monetary policy hard to trend.

hence buying pressure of Swiss, Euro and Yen and this will continue probably during fall.

investors are not now even looking at housing data even though nationwide showing decent figures.
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 27, 2009 11:17
i put my stop at break even.......i think the GDP report is better than expectation.....but I don't know how the FX market will react......let see after lunch time......
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 27, 2009 9:09
I short USD/NOK again....at 6.080........let see......stock and FX should loose its strong correlation......
FXHandler
Norway
Posts: 195
15 years ago
Aug 26, 2009 18:31
Qin,
Well I will wait to see where to correction is leading us. Then go in on CHF or YEN.
USD looks like its gonna rise now, oil will drop...
Saw the video, also the second part. I guess Marc Faber is not a fan of US Government and the FEDS...
Lol
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