@rkkashmir: I've been shorting EUR/USD, GBP/USD (and to some extent USD/CHF) all day after their little runs up. Just a few pips at a time, but it all adds up. Quite fun :-)
I know there is a danger of finding egg all over my face when they stop behaving like that and I fail to notice, but it's been a great day so far! (Also made a bit out of USD/JPY and AUD/JPY).
I'm a bit broken hearted about AUD/USD apparently topping out. I thought that pair would just run and run. (Fundamentally, it ought to!). Can't quite bring myself to short it though. Not yet anyway.
@Ashraf: OK, tried again. Must have got it wrong before (I think I was using the "twitter it manually" option). I used the other option and it was fine. (I am a twitter neophyte). Voted in the other categories now as well :-) I notice if you vote more than once in the same category ("vote early, vote often..."), it simply overwrites the text of your old vote with the new text. Ah well... :-)
@Said: Thanks for the further detail. No, afraid I haven't heard of the Filibuster coins.
@rkkashmir: "Euro Plunge Protection Team" :-))) But who/what is this mysterious group of manipulators, if they are not "real buyers"? You seem to almost take it personally against them.
On the EUR/GBP side of things, I'd have thought that fundamentals supported a march into 0.9000-1.0000 territory. Ashraf has already predicted that GBP would become the "whipping boy" of 2010. Other commentators have suggested parity this year. Euroland may be sick, but GB is sicker, IMHO.
BTW, the EPPT must be on a coffee break as I type this :-) (1.4349-50).
@said: Turkish gold reserves to Australia for refining?
That's interesting & completely unknown to me. This led me to do some googling, and I see:
"...that while Turkey has been the top gold-producing nation in Europe since 2006, its gold production could in fact rise to 38 tons in 2010, making it a global leader in gold production."
Goodness. Could help its case for EU entry, I would have thought!
OK ladies and gentlemen, if both EUR and GBP are walking the proverbial plank, where then does that leave the EUR/GBP pair?
Personally, because I think that the fundamentals for EUR (for all its problems) are still better than those for GBP, I am long here. But that's just me ...
Well, it's been a fantastic day for gold today at least. (No, I was not in a position to benefit from it, but that's another matter).
Davidau, I've now read at least 4 or 5 of your posts using the word "fool". It is not conducive to mutual respect. Let's try to learn from each other in a mutually respectful atmosphere, free of that kind of language. Many thanks.
For what it's worth, I think you may be right about gold, although I certainly do not claim to be an expert. I have been a "gold bull" (in theory, if not always in practice) for a long time though.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(11 months 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(11 months 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(11 months 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 (11 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (11 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (11 months 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(11 months ago)
I know there is a danger of finding egg all over my face when they stop behaving like that and I fail to notice, but it's been a great day so far! (Also made a bit out of USD/JPY and AUD/JPY).
I'm a bit broken hearted about AUD/USD apparently topping out. I thought that pair would just run and run. (Fundamentally, it ought to!). Can't quite bring myself to short it though.
Not yet anyway.
The workbook supplements the hardback book. I'm not sure if it makes much sense to just have the workbook and not the hardback, but I could be wrong.
The link to purchase the workbook has been mentioned by Ashraf in the forum corresponding to the hardback book, but it's hard to find in there.
Here it is:
http://www.ashraflaidi.com/products/wb01/
(I'm not sure why Ashraf does not make this link more visible somewhere).
@rkkashmir: n.b. this is not just an E-version of the hardback book, but additional information.
@rkkashmir: "Euro Plunge Protection Team" :-)))
But who/what is this mysterious group of manipulators, if they are not "real buyers"?
You seem to almost take it personally against them.
On the EUR/GBP side of things, I'd have thought that fundamentals supported a march into 0.9000-1.0000 territory. Ashraf has already predicted that GBP would become the "whipping boy" of 2010. Other commentators have suggested parity this year. Euroland may be sick, but GB is sicker, IMHO.
BTW, the EPPT must be on a coffee break as I type this :-) (1.4349-50).
Just in case it doesn't, I will express my appreciation to you Ashraf here, along with many others.
Your work is valuable, unique, and much appreciated. Many thanks.
That's interesting & completely unknown to me. This led me to do some googling, and I see:
"...that while Turkey has been the top gold-producing nation in Europe since 2006, its gold production could in fact rise to 38 tons in 2010, making it a global leader in gold production."
Goodness. Could help its case for EU entry, I would have thought!
Personally, because I think that the fundamentals for EUR (for all its problems) are still better than those for GBP, I am long here. But that's just me ...
Davidau, I've now read at least 4 or 5 of your posts using the word "fool". It is not conducive to mutual respect. Let's try to learn from each other in a mutually respectful atmosphere, free of that kind of language. Many thanks.
For what it's worth, I think you may be right about gold, although I certainly do not claim to be an expert. I have been a "gold bull" (in theory, if not always in practice) for a long time though.
M.