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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
 
asad
London, UK
Posted Anonymously
15 years ago
Aug 25, 2009 1:10
Qin,

...but I agree w/ you that N.Gas is one of the best long-term investments. But so is RBS and Iraqi Dinar! :)
asad
London, UK
Posted Anonymously
15 years ago
Aug 25, 2009 0:55
Qin,

N. Gas inventories are near full (even to sustain winter '09). In the short term, NG is an average investment (unless Russia decides to do a Russia again ;) ). Oil is set to decline as well by the year end. Let the hurricane pass, then set crude to short & go party (although it will come down w/ a bang w/o us setting up shorts).
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 25, 2009 0:16
by the way, would you like to give any kind of goods, even toilet paper, which you can buy at the same price as in 1994??
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 25, 2009 0:13
Hey, raj
Do you know how much it cost to get natural gas from the underground? it is above 3 dollar....if it keep 2.5 from 1 year....most of the producer will go bankrupt.....
14raj
Kolkata, India
Posts: 210
15 years ago
Aug 24, 2009 23:59
From my point of view I can say, Natural Gas is always good at 2.6-2.5 level. In weekly and monthly chart there is a long term trendline support near that zone (from way back to 1994).So technical bounce is much possible from that zone.But sorry, I dont have any fundamental backing for this technical reason.
regards,
Rajib.
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 24, 2009 23:33
Is there anyone who is paying attention about natural gas?? I have been doing the research for natural gas for 3 weeks...

I long some natural gas last night.....it bounced back today....to be honesty, I think it go down to 2.50 before this winter......

I think it is just long term investment for me.....my prediction is it will stay above 4 before end of this year, and go to 6 next year...........if I am right, it will go up a lot, when USD collapses......

If you want to do the same as me, please do some research before making decision.....I am very new on the commodities.........I think the inventory number will peak in OCT or NOV..........
Moe
Sharjah, United Arab Emirates
Posts: 50
15 years ago
Aug 24, 2009 23:26
Thanks Qin
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 24, 2009 23:19
I familiar with some Japanese traders who are working in the banks. They also write some comments about the market, but everything is in Japanese....

I prefer to wait to see how the Asian market open .....I think Japanese stock won't go up tonight maybe it will stay flat....by the way....they are also talking about watching the stock market now......

if the stock goes down tonight, I won't do anything.....waiting for the chance...need more patient.....

Good luck! moe!
Moe
Sharjah, United Arab Emirates
Posts: 50
15 years ago
Aug 24, 2009 22:44
Hi Qin,

Can I Knw how do you know what japanese traders are thinking?

Shorting Dollars at the end of the Asian session looks very attracive..
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 24, 2009 22:35
Good selling off....hope Asian Market will keep the same pace....

Japanese traders still talks about short USD/JPY......even Japanese don't want USD....it is will be a very sad story for USD.....
And some of them are talking about long GBP/USD at 1.6350 target to 1.650........stop loss below at 1.630.....

I want to see how Asian time plays out.....if the stock keep flat in Asian when it open...I may short USD.....