Qin (if your comment was directed at me), was it George Soros (or maybe Warren Buffet) who said that if reading books could make you rich, then librarians would be some of the richest people on Earth. So, no, I don't think I have too many illusions. I just want to read what I know will be an enlightening book, and also to save asking dumb questions here that are probably answered already in the book. I am mostly annoyed with myself for trying to save a few pounds which probably contributed to the delay in getting hold of it. That was a classic case of a false economy.
If anyone becomes a millionaire by reading a book.........where is the poverty come from? If an author can make people become a millionaire, I think the author doesn't need a job anymore.........because he should be the richest guy in this world......
Apologies in advance because this is strictly-speaking off-topic and nothing to do with Ashraf at all (althought there is a relevant question for Ashraf below). I just need to vent off some frustration because I ordered the book (from Amazon.co.uk - Marketplace though) on 2nd Oct and am still waiting for it nearly 3 weeks later. Probably my own fault for going "marketplace" in order to save a few pounds and as luck would have it, it had to come to the UK from the US. In the past I haven't had too many delays when ordering books by this route, but this time ... whether it was the ongoing Royal Mail dispute situation or what, I seem to have been unlucky. Now the dispute is on in earnest and even if I reordered it afresh from a wholly UK supplier, chances are it would still be seriously delayed. If anything my sympathies are actually with the postmen, but I really wish they could have chosen some other time for their dispute! :-)
OK, Question for Ashraf: I have always intended to purchase the Workbook in addition to the printed book, but I figured it wouldn't make any sense to do this until I had read the printed book. Given that I probably still won't get to see the printed book for at least a couple of weeks now, is it worth my getting the workbook at this stage or won't it make much sense? With thanks, Regards, Montmorency
Jack, thats correct. 1.0460 USDCAD was just a support level, which could serve as fresh buying for USDCAD especially as CAD selling momentum has intensified. But Im not too sure about the Wednesday part for that 1.0460 target. If the patterns of previous USDCAD rallies hold, we could be at 1.0630 by Wednesday.
i made it very clear on twitter and the IMT that CADJPY will be a big loser. it's down 70 pips from the BoC decision. 87.10 target coming up and 85.70 next. remain nimble here. USDCAD 1.0460 target less obvious but very possible by Wed.
guys notice that 75 on the dollar index as STILL not been broken to confirm further dollar weakening. It was rejected at 75.10. this is a very important juncture.
You may already have read this, but maybe other members can benefit. Interesting that this young lad affects Deutsche's leadership in the forex market!
Wat about my answer Mr. Ashraf? ==========================
Dear Ashraf, I just received your book. It seems it is a little heavy for me. Do you advice or recommend reading any prior book before reading it to better understand it? For your info I have "Currency trading for dummies" too, but all others are technical. Please advice, Thanks a lot. Keivan
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(2 years ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(2 years ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(2 years ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (2 years ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (2 years ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (2 years ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(2 years ago)
OK, Question for Ashraf: I have always intended to purchase the Workbook in addition to the printed book, but I figured it wouldn't make any sense to do this until I had read the printed book. Given that I probably still won't get to see the printed book for at least a couple of weeks now, is it worth my getting the workbook at this stage or won't it make much sense?
With thanks,
Regards,
Montmorency
Ashraf
Sorry, I am not clear on your USDCAD and CADJPY statements. So let me put in my own words and you can correct me if needed. Are you saying that:
USDCAD could move up to 1.0590 then 1.0640s BUT will then go back down to 1.0460 by Wed.
CADJPY could go down to 85.70 BUT then go back up to 87.10.
Just wanted to make sure I understand.
Thanks,
Jack Dee
Ashraf
Aaaahhh - you're back! Should've asked for s/thing else. :)
Btw, I came across this interesting piece of Q&A w/ Bilal Hafeez (global head of forex research, DB) on his thoughts about currencies, going forward.
http://www.ft.com/cms/s/0/77cc5346-b8b6-11de-809b-00144feab49a.html
You may already have read this, but maybe other members can benefit. Interesting that this young lad affects Deutsche's leadership in the forex market!
Asad
Ashraf
==========================
Dear Ashraf,
I just received your book. It seems it is a little heavy for me. Do you advice or recommend reading any prior book before reading it to better understand it?
For your info I have "Currency trading for dummies" too, but all others are technical.
Please advice,
Thanks a lot.
Keivan