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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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Ashraf Laidi
London, UK
Posts: 0
14 years ago
Dec 17, 2009 10:00
bojan this is a EUR)CENTRIC problem facing EUR. SNB could come back and give warnings as it is not ready to give up jawboning. Not bad idea to get back in at 1.5050 but make sure you're alive at 1.50

Ashraf
radu
bucharest, Romania
Posts: 203
14 years ago
Dec 17, 2009 9:03


Hi Ashraf ,

Thanks again for nzd , i"m more confortable now...

And the eur/usd hot chart , indeed , very , very hot ... i must honest admitt , when i read that chart last week i thinck : ok , i agree with this , but until to 1.43 !!! ....

Sometimes , seem you have the newspaper from the next week
bojan
Arizona , United States
Posted Anonymously
14 years ago
Dec 17, 2009 8:44
Ashraf,

since you indicated on EUR/CHF (long time ago) and swiss bank intervention that was my favorite pair to trade. Reason for that extremely profitable trades, and almost no losses Looking at the pairs recent movements, I already open one long position at 1.5070 and planing on adding more if it falls below 1.5050. I am a bit nervous because USD/CHF is showing losses for CHF. Taking that into account do you think it is wise to bank on Swiss Bank promise of intervention in EUR/CHF and how much weight they put on the other pairs (USD, GBP, JPY, AUD) and their performence at the time of possible involvment ?

I know SNB does not give warning signals, but is there something besides price in EUR/CHF that I should pay attention to.


thank You

b.

p.s.
EUR/USD call (hot chart) was hot hot hot hot.
chloethebull
Posted Anonymously
14 years ago
Dec 16, 2009 18:29
thanks soo much ashraf about citi i just deleted from my instruments...an looking to buy more usd on a dip..have yourself a great day
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Dec 16, 2009 18:15
chloe, i sold Citi back in 2003 and never touched it again and you better not get into that kind of so-called bottom fishing. The state of affairs at Citi are parlous at best. I think Fed will issue a statement w. slightly brighter outlook that will help USD after some initial pullback.

Ashraf
chloethebull
Posted Anonymously
14 years ago
Dec 16, 2009 17:10
could it be that things are shaping up .....for s&p to finally close above 1120 on the week ,crude to rally higher back to the 80s, gold appears to be on its way back up ...an usd crashing down to who knows where maybe 1.0300...i have this feeling thats whats about to happen..what do you think ashraf is it possible or do you think unchanged fed statement will be priced in with minimal pullback?thanks all the best
chloethebull
Posted Anonymously
14 years ago
Dec 16, 2009 16:52
just read your tweet on citigroup/us gover being sued possib..is that a major problem or just noise?thanks
chloethebull
Posted Anonymously
14 years ago
Dec 16, 2009 16:45
hi ashraf,if fed leaves rate an statement unchanged do you see a retest back to 1.0520usdcad or would it be more likely to see sub 1.05??could i also get your take on citigroup.would you buy it ..thanks soo much an merry x-mas
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Dec 16, 2009 7:02
jack, chloe, Thanks, all of these are general questions and i will address them in upcoming articles.

Ashraf
Gunjack
London, UK
Posts: 1184
14 years ago
Dec 14, 2009 20:43
Ashraf what are your views on the major financial themes for 2010?

Thanks
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