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Posts by "ashraf laidi"
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147 Posts by Anonymous "ashraf laidi":
I had a successful 3 weeks at GBPUSD as I used comfortable stops for my longs. EURUSD was also straightforward in its bullishness but my stop placement was not as smart.
Here is last week's BREAKOUT WARNING on GBPUSD
Ashraf
I think it will happen before end of July
Farouki,
Consolidating back towards 87.00
Ashraf
I would not apply the term "laundering" to Arabs because the money is mostly legit (simply rich).
Laundering is mostly applied to illegal money, such as from the gangsters you mentioned.
Egyptians, Syrians and even Libyans are also stepping up their purchases in London.
But the Qataris remain the the most aggressive. One Hyde Park.
Greeks are known for sending their kids to school, university etcc, buying them expensive apartments etc.
And of course, not to mention the CHinese.
So basically, v hard for those prices to come down. But mortgages may become a tad cheaper as QE2 kicks in.
Ashraf
Look at the charts i posted in today's Premium. It could well have been a false signal.
Not sure how many saw my forum entry last week calling for a bullish doji candle.
Im beginning to think we can do 1.3870s here as the last high of the leg up.
Ashraf
But there are currency ETFs in the UK via Ishares
Yen vs USD (JYN)
GBP vs USD (GBB)
EUR USD (ERO)
Ashraf
you can ask me questions on Twitter, which is always faster. There are about 20 topics threads on this forum, over 20 threads per day. It is difficult for me to try to answer every question because when i do miss one question, many will not be happy. I single-handedly kept a forum open for others discuss and interact on their own trades and views-- I have been doing this since 1999 but people will always find a way to find faults with my way of doing things.
My schedule makes it unrealistic for me to promise addressing every question on the 20-30 threads per day, while doing intermarket analysis across the board on a daily basis, trading, writing, charting, taking calls from reporters, going to studios, traveling around the world and running the business.
Ashraf
You simply cannot say Michael Hewson uses the same platform as I do because I use Bloomberg while he uses mainly CMC prices, which are known to differ from the cash (Reuters/Bloomberg) due the fact that they are based off futures. CMC's Weekly MAs maybe similar but NOT the Daily MAs.
I always use simple MAs
Dave, I got your email.
Ashraf
MNI FX Bullets
GREECE: Timeline of key events in Greece for next few weeks:
-- Jun 16 Greece to announce cabinet reshuffle
-- Jun 17 Franco-German meeting in Berlin
-- Jun 19/20 Eurozone FinMin meet in Luxembourg
-- Jun 21 Greek government confidence vote deadline
-- Jun 21 ECOFIN meeting in Luxembourg
-- Jun 23/24 Head of State meeting
-- Jun 28 Greek parliament to vote on Medium Term Plan
-- Jul 5/6 EU FinMin meet in Brussels
-- Jul 11-12 EU FinMins meet in Brussels
-- Jul 16 EU FinMin, Central Bankers meet in Poland
-- Jul 15 Greece T-bill redemption for E2.4bln
-- Jul 22 Greece T-bill redemption for E1.625bln
-- Aug 19 Greece T-bill redemption for E1.625bln
-- Aug 20 Greece bond redemption of 3.90% 2011 GGB for E6.61bln.
Ashraf
I have periodically spoken about what it means for stocks
Last bullet point in Chap. 6.http://ashraflaidi.com/book/ worked on monthly cycles but also wkly. Gold/Oil Ratio best to use Brent.
Ashraf
http://www.ashraflaidi.com/products/sub01/access/?a=425
Ashraf