أشرف العايدي على سي ان بي سي العربية -- 22 مايو2013
May 22, 2013 17:14
Ashraf gives his assessment on BoE's Mervyn King, UK inflation and the pospects for FX. The Fed's repetitive references to tapering asset purchases and increasing them are the latest rhetorical tool in guiding market sentiment. As the economy cools off, the doves at the Fed are on a mission to restore a more symmetric rhetoric, following a hawkish narrative prevailing in the first 3 months of the year.
Both of our longs in EURUSD thei final targets as so did GBPUSD shrt. USDJPY and USDCAD are 20 pips away from their final objective. 1 of 2 silver shorts ae in progress. Full detail on trades & charts are here: http://ashraflaidi.com/premium
Before I tell you about the AAOI Trade I shared with the WhatsApp Broadcast Group last week (now up 38% in less than 5 days), just a few quick words about the Fed. Wednesday's rate cut coupled with no hawkish surprises from Powell's conference was a launchpad for USD weakness, metals strength and equities' surge (Dow30 hit new record). Markets can look beyond Oracle's disappointing earnings to eat the dish served by the Powell (lower rates, short term liquidity while inflation isn't completely vanquished). Anytime you hear/see/smell rate cuts during an inflationary environment, the above occurs. Altcoins and Bitcoins are slow to rally, but Bitcoin miners afre flexing their muscle. See below the AAOI Trade I shared with the WBG, whereby we entered at $26 on Friday and now its $36. Meanwhile, Reddit is up 68% since we bought it in July.
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Latest Hot-Chart - Nov 24
Updating post 9th
سأرسل رسالة صوتية و كتابية توضيحية لأعضاء مجموعة الواتساب الخاصة حول هذه المخططات - Will send detailed note on latest parameters to our WhatsApp Bdcst Group - -...
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Uncertain December
The oscillating changes in market expectations for the December FOMC meeting implies more volatility into the next 4 weeks.
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