Forum > View Topic (Analytic)
by Ashraf Laidi
Posted: Aug 21, 2008 1:37
Comments: 525
View Analytic
This thread was started in response to the Analytic:

Speculators' Futures FX Positions

The weekly figures on traders' futures commitments obtained from the Chicago Mercantile Exchange's International Monetary Market shed valuable light on the developing flows pursuing one currency versus another.
 
FXHandler
Norway
Posts: 195
15 years ago
Aug 16, 2009 20:03
Houram, I did the only thing wrong at that time in October 2007. Didn't sell my stocks.. And then in spring 2008 I didn't take the oportunity to think more about the market. Summer and autumn 2008 I really fucked up, listening to my brokers about how Norway would suprise the world with their NOK and oil going up.
I was quite unlucky with all trades and it all went really bad.
Maybe it was a meaning to it all. However, loosing so much as I did, it has been difficult to understand.
Good to hear that Mister Ashraf saved you from the same "accident" as mine.
Commodity currencies.. well, how long do you think this volatility will last? All experts have different opinions on how the future will look, short-term and long-term.
Anyway, I am ordering Ashrafs book now!

Good luck to you too.
houram
Vancouver, Canada
Posts: 55
15 years ago
Aug 16, 2009 6:35
FXHandler, I remember attending a CMC Market seminar held by Ashraf in summer 2007 in Vancouver and he told us all that the US will have sub mortgage problems that will cause the financial crisis, Euro will go up against $ and.... Again in January 2008 at another seminar he said that when the $ hits 1.60 in the summer, it will head south again. He was also bullish on gold. I was lucky to attend those seminars and save my wealth that I had earned through hard working and not listening to my broker who was so blind.
Anyway, the future forex predictions .... I would listen to Ashraf and his book, the commodity currencies in the long term will win.
Good Luck
FXHandler
Norway
Posts: 195
15 years ago
Aug 16, 2009 2:16
Ashraf, The King

I wished I knew about you before. It would have given me the opportunity to save my money in 2007(as I predicted, but I was stupid to listen to my "wannabe brokers")....
Anyway, from now on, I will listen to you and you will be my guidance through these times.
Sure man, it would be a blast to meet you guys! I am in it!

Anyway, I still don't see any clear predictions from your Forex-guys of the future..... Will it all go further downn or what? EUR/USD? Bearish sentiment? What do you guys think? 1930 again?

Answers really apreciated.

By the way, Laidi, YOU ARE STILL THE KING!

regards
speculator
Posted Anonymously
15 years ago
Aug 16, 2009 1:08
qin day trading is not what i do. i am more interested in longer term trends and thats what i study. day trading gives very little insight into longer term in my opinion but obviously a good money maker.
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 16, 2009 0:27
Hey, speculator
I know you are not a trader....because you never trading....maybe have a practice account....

anyway....hope you will learn something from your practice account...before you open a real account.
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 16, 2009 0:17
Hey, Mo
I am glad you realize that someone in this blog who just want to be commentator, but never able to make alive by trading or investing.......

Good luck!!

asad
London, UK
Posted Anonymously
15 years ago
Aug 14, 2009 22:30
Party yeeeaaaayyyy! Eating on us and bills on Ashraf (since he gets to move the markets).

And I volunteer to read you kids an excerpt from Ashraf's lastest story book - Currency Trading & (the) Inter (of) market Analysis (yeah, I've finally given in...and going to get one).
Steven Blyth
London, UK
Posts: 148
15 years ago
Aug 14, 2009 19:14
Looks like a slight lift in SPY coming thus exited my shorts.

Next week i suppose its fresh shorts on CADJPY, USDJPY, AUSJPY and GBPJPY.
speculator
Posted Anonymously
15 years ago
Aug 14, 2009 18:56
fair enough but at that point it also reached 1.415 after i posted but i never said anything.

but we will see who is laughing when the dollar index rises quite nicely to year end. remember not many are so bullish on the dollar and even if they are they expect a small shortlived bounce
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Aug 14, 2009 18:35
Radu, many thanks

Ashraf