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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
 
speculator
Posted Anonymously
14 years ago
Nov 10, 2009 18:41
ashraf i know you dont like answering this question, but what are the chances that we are in a bear market rally in european/us stocks and that we can expect retest if march lows in 2010/2011
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Nov 10, 2009 18:20
chloe, with Friday's dismal jobs report, oil's inability to regain 80.50 and 82.00 and S&P500 inability to regain 200-week avg, looks like USDCAD bottom will hold at 1.05. Look at GBPCAD, which looks like a sell--but confirmation is need tomorrow.

Ashraf
chloethebull
Canada
Posted Anonymously
14 years ago
Nov 10, 2009 17:46
hey ashraf..can i get ur thoughts on usdcad..thinkn about a long position ..do u think we bottomed @1.0500 or is there more downside1.0300..if there downside were do u see the bottom..ok thanks have a good day
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Nov 10, 2009 17:16
Abood, i dont like these questions because i have no idea about your risk tolerance and margin requirements. Haveing said that, 85.50-60 will be hard to break. see my latest article on the yen.

Xtrader, with a good broker, you can trade from the beach via your blackberry !

Ashraf
xtrader
North Carolina, United States
Posts: 2
14 years ago
Nov 10, 2009 16:23
Ashraf,

I forgot to ask. When will Currency Trading and Intermarket Analysis II come out?
xtrader
North Carolina, United States
Posts: 2
14 years ago
Nov 10, 2009 16:05
Ashraf,

You actually have people wanting you to give them your best trade, stop loss and Target. Can I just send you my money and you trade for me and I'll sit on a beach and relax? Wow!

Thank you for continuing to help us with your knowledge and advice, So we can learn the markets and trade for ourselves! It truly is appreciated
Abood26
Damascus, Syria
Posted Anonymously
14 years ago
Nov 10, 2009 15:27
hello Ashraf I sold cad/yen on 85.30 what do u think where to stop and take profit
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Nov 10, 2009 14:34
Abood, look out for renewed weakness in CADJPY and EURJPY. the daily chart shows you the resistance quite well.

Dima, i have not changed my 1.57 eurusd for year-end. The gold factors are eur bullish but my expectations for end of year unwinding in equities may limit eurusd, so there's 30% chance that we may see 1.51 not 1.57.

Ashraf

Abood26
Damascus, Syria
Posted Anonymously
14 years ago
Nov 10, 2009 13:26
when Ashraf Advice all shut up
Xaron
Munich, Germany
Posts: 528
14 years ago
Nov 10, 2009 12:12
Abood26, no offense, but I think Qin does really well. It's not wrong to go with the trend and Qin just does that. I know, it doesn't sound sexy to watch at weekly charts and to trade the fundamental direction but even Ashraf was ranked #1 for the longer term analysis. ;)

And do you really expect to get a clear entry, Tp and Sl for your trade? What about using your own brain? ;)