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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
 
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 19, 2009 15:07
USD is facing its reality now.......my NOK is the best !!!!

CAD also plays good here.......good luck everyone!!!!
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 19, 2009 14:55
If i am right, tonight's Asian stock market will stay flat......ERU/USD may break 1.42.....cross yen will have some recovery.....
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 19, 2009 14:44
Yes....the same drama......maybe the correlation between FX and stock is loosing from here....

Good for my positions!
radu
bucharest, Romania
Posts: 203
15 years ago
Aug 19, 2009 13:30


Hello Asad ,

Can i talk with you in private ? on yahoo mess for example ?
asad
London, UK
Posted Anonymously
15 years ago
Aug 19, 2009 10:26
Radu,

Your posts seem like a thriller movie. You open positions...you close...you open...you close! And tell me ONE analyst in the WORLD (apart from Moe) who would advise on opening a long position over $70! Forget everything...if Ashraf's been indicating the oil support levels for the past few days, it could ONLY mean two things...

- Stay short in oil
- If oil goes up, open another short position

Now where does long come in?? I'm no Andrew either...but I honestly told you the position I'm trading on. I suggested on the forum last night that I was thinking of opening another short position at 70 (& RagingBull gave me some confidence). I did open it & now oil is around 69. I can break even at 68...but I WON'T because oil is dipping further. Screw technical analysis...there's ABSOLUTELY NO fundamentals to support the current level (let alone 70+).

So you caught the top of the market and went long? I'd like to listen to what position Moe has right now (& if he himself put his analysis into action and went long 70+)...because oil IS on its way back.

If I know these Streeters well...they may well be shorting oil all the way back to 55!
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 19, 2009 10:21
Hey, spec
you have said that you would like to long USD everyday.....and you have been talking for it 3 or 4 months....why not just try once.....maybe you are right.....
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 19, 2009 10:09
Hey, spec
don't say I would.....just do it!!!

Good luck!!!

By the way, I just short USD/NOK again.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Aug 19, 2009 9:38
Thanks Emad

Ashraf
emad_must
gaza, Palestine
Posts: 20
15 years ago
Aug 19, 2009 9:25
Hi Mr Ashraf
im very happy to be amember in ur site
i woerk in forex and i love to know more
i see u in CNBC Arabia and i love ur analysis in it

with my best wishes

sorry for my bad langauge
speculator
Posted Anonymously
15 years ago
Aug 19, 2009 7:26
qin, i would be long USD now if you have already missed the boat. When USDx reached a low a couple of weaks ago that was the bottom for nice long term bet for the dollar.