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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
15 years ago
Oct 12, 2009 15:28
new pip, just from my IMTs, articles and tweets over the last 3 weeks, one can see that i was bearish on GBPUSD.

Please take look at last night's IMT on GBPUSD warning for 1.5770. Also Friday's tweet and IMTs.

ONCE AGAIN EVERYONE:

Just as i spend time in writing on this website, i expect people to spend time reading and (thinking)about what i write instead of directly going to the forum and asking me questions that were already covered in the IMTs and tweets.

if you do "not have time" to come the website and read the IMTs, then subscribe to get them via email.

if people do not make the effort to read, then i will not bother to reply. as simple as that.

Ashraf
New Pip
birmingham, UK
Posts: 84
15 years ago
Oct 12, 2009 15:07
Spec,

Thanks for responding. At least someone from the forum has replied to me. There have been times where I feel this forum was just for a select few. They would communicate to each other, but when I put a question, it was ignored/ never answered. I might not be as versed as they are, but we are all here for the same thing. To learn and play the market.

Only 'Ashraf the great' responds - Thank you
speculator
Posted Anonymously
15 years ago
Oct 12, 2009 14:22
i think any gains on cable will be short-lived. As soon as UK stocks stop rising or go down a little, cable will go lower again this week. There is just too much downwards pressure on cable. We should hit 1.565 this week.
New Pip
birmingham, UK
Posts: 84
15 years ago
Oct 12, 2009 13:51
Hi Spec/ Ashraf,

Cable is making a pullback. With the weakness in sterling, how will this pullback go.

Thanks
speculator
Posted Anonymously
15 years ago
Oct 12, 2009 12:18
yes and key support broken on cable!
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Oct 12, 2009 12:09
we hope everybody has seen the CEBR warning we alerted you on last night's IMT before the market picked up on it. GBPUSD fell by more than 100 pips shattering our 1.5780 target. Friday's EURCAD target of 1.5330 has also been shattered.

Ashraf
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Oct 12, 2009 12:01
I recommend everyone who have been visiting the blog for less then 1 month to check other people's comments record and then compare to the daily charts before you follow his or her comment to trade.......

you will find who is really trading on the market and who is just a player in this blog.......
speculator
Posted Anonymously
15 years ago
Oct 12, 2009 11:50
ashraf, we will reach 1.30 on cable when the dollar starts rallying into 2010. Obviously the pounds recent decline against the dollar is broad sterling weakness rather than dollar strength. I do not see any reason why we cannot reach near 1985 cable over the next couple of years as the Fed will raise rates far earlier than UK and is likely to do less QE than BoE. Jim rogers is right about the death of the pound but his timing was not so good. Soros once mentioned that he is not an accurate timer of markets haha.
speculator
Posted Anonymously
15 years ago
Oct 12, 2009 11:46
qin welcome back, the FTSE will rise for at least october due to interest rate expectations from CEBR and a rush of funds into fund managers portfolios. Im less convinced on US stocks. From October we can probably have a decline but certainly not a shock. From november the dollar should rally en route to 90 USD index.
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Oct 12, 2009 11:36
Ashraf, I think you are wrong again on Stocks......I think stock will keep rising in the next 6 months...before next summer.....
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