Forum > View Topic (Hot-Chart)
by Ashraf Laidi
Posted: Dec 2, 2009 21:33
Comments: 475
View Hot-Chart
This thread was started in response to the Hot-Chart:

Aussie Dressed up but where to Go?

 
Steven Blyth
London, UK
Posts: 148
15 years ago
Dec 7, 2009 13:48
There has suddenly been a crescendo of traders (Mostly Elliot Wave) calling the top in AUDUSD. I guess we should be trading this with an open mind on a day to day basis. Difficult one.

Ashraf i'd second Apaches question and ask if you still see this hitting higher (maybe even parity) in the first quarter?

Thanks in advance.

Steven
apache99sg
Singapore, Singapore
Posts: 8
15 years ago
Dec 5, 2009 16:47
Ashraf, what is your target for gold and aussie correction?
Carp
London, UK
Posts: 1
15 years ago
Dec 5, 2009 6:09
Spot on, $70 pull back of gold and 200 pip fall of Oz 2 days later
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Dec 5, 2009 1:56
raj, again, these positions seem very good. well done.

tareq, i agree. and gold's pullback vs. Aussie was pretty substantial

Ashraf
tareq1968
jenin, Palestine
Posts: 5
15 years ago
Dec 4, 2009 10:09
Aussie failed to return higher so i feel below 0.88 will be the next target, stock markets at it,s highest level with hesitating investors and i think it,s the time for deep markets correction 10-20 % down and do not forget gold price bubble!
mabedi
Iran
Posted Anonymously
15 years ago
Dec 3, 2009 15:37
In My opinion It is Targert 0.9424 Or 0.9414 - 0.886 Fibo
14raj
Kolkata, India
Posts: 210
15 years ago
Dec 3, 2009 13:56
Ashraf,
today i go long in some USDCHF around 0.9980 and shorted EurUsd near 1.5130.Your advice always guided me a lot.
Regards,
Rajib.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Dec 3, 2009 8:40
EVERYONE, Aussie has rallied towards that 0.9320 territory which mustve stopped out many shorts. as gold and overall risk appetite picked up in Asia. This is the risk I was taking, when i issued this call. However, i remain short here as long as risk appetite does not accelerate higher and break 1120 in S&P. Aussie's last stand is at 0.9360. US jobs report may be the deciding factor. We sall see.

Letisha, although i like the fundamentals of gold, i see the technicals as overstretched here. 1200 is a target i called for last summer for this year. So it is time to pullback.

Dominik, Metastock from reuters as well as Bloomberg.

Ashraf
Letisha
St. Catherine, Jamaica
Posts: 156
15 years ago
Dec 3, 2009 1:44
Ashraf I share ur sentiments....but where are the sellers...I don't see them jumping in I had my short entry @ .93 but it seems like it get capped @ .9295 so I adjust to.9285 I hope the sellers see the pressure and jump in....and where is gold going?
Dominik
Zagreb, Croatia
Posts: 7
15 years ago
Dec 2, 2009 22:42
Hey Ashraf, if you don't mind answering, with what software are you making this pretty looking graphs?

Thanks!