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Posts by "montmorency"

678 Posts Total by "montmorency":
604 Posts by member
montmorency
(Abingdon, United Kingdom)
74 Posts by Anonymous "montmorency":
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 8, 2010 18:38
@rkkashmir

<blockquote>
Time to short eur.usd. The Money Makers put 65 pips back on their Boy Toy eur.gbp to get it back to 0.900. The amazing thing is GBP exploded also.
</blockquote>

I was a bit premature in shorting it. Still, I can wait.

It's been quite a ride today, not that we should have expected anything less.
Made quite a few pips one way or another.
Now just have to hold on tight, be careful and not lose it all by doing something stupid...
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 7, 2010 23:49
@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.
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 7, 2010 23:28
@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... :-)
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 7, 2010 18:02
@MikeATods: postscript: the forum I was referring to was this one, of course (I forgot to check before sending).

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.
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 7, 2010 17:59
@MikeATods:

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.

montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 7, 2010 11:01
@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).
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 7, 2010 1:22
I've tried to do my twitter voting bit, but so far, it is not showing up. Maybe it will work through the pipeline.

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.

montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 7, 2010 1:07
@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!
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 6, 2010 1:05
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 ...

montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 4, 2010 22:53
I second yulianis1's question about AUD/JPY. Personally I'm bullish, but this may be being simplistic.