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by Ashraf Laidi
Posted: Aug 13, 2009 16:38
Comments: 200
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This thread was started in response to the Article:

Unsustainable Appetite in FX, Equities & Oil

We're witnessing more signs of peaking appetite, this time inside the individual Forex pairs, as well as more failure in oil and Chinese stocks
 
Gunjack
London, UK
Posts: 1184
15 years ago
Aug 18, 2009 16:10
@Qin Sweden is a great country, would like to move there. I went to stockholm on holiday, never met so many beautiful girls in 1 place...was mesmerised!!
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 18, 2009 16:02
Hey, Mo
Thanks a lot......I haven't been long USD since June....

FX market is very choppy and unpredictable recently. So I start to focus on long term and valuate currency on fundamental. Because if I get caught, I still can hold my positions if I have enough power to do so.

NOK is one of the soundest currency now. Norges bank will rise interest rate by the end of this year or early by next year.....I think it will be the first central bank to do so. Norway is a very peaceful country, I don't think there will be any terror attack happen there as well as Sweden. We don't against religious.


Good luck!!
Gunjack
London, UK
Posts: 1184
15 years ago
Aug 18, 2009 15:57
Hey Moe IMHO think we could see cable reach 1.66, but I would expect some pullback then, obviously by then my puts will be massively underwater...but at least I will have theta on my side...so can still make a comeback

Ashraf is most qualified to advise us if this will be the case

Gunjack
mo
liverpool, UK
Posts: 123
15 years ago
Aug 18, 2009 15:53
Hello Qin

I go luck today, because I had my sell GBP/USD stop loss at a 1.6350,
Lots of us lost money today, but you in the other hand made good profit, well done
Moe
Sharjah, United Arab Emirates
Posts: 50
15 years ago
Aug 18, 2009 15:40
Hi Gun Jack,

I have the same problem. I am thinking to exit at 1.6460's level and shorting at higher levels (say1.6610's), I do not like to hedge.


Regards
hamish
vancouver, Canada
Posted Anonymously
15 years ago
Aug 18, 2009 15:40
Hi Ashraf.....USDCAD. It seems that neither poor figures, "officials" & limited risk appetite are not having much upward effect. Currently moving up & down with oil. Therefore could you give us your latest prognostications on OIL. Thanks
SEM
Posted Anonymously
15 years ago
Aug 18, 2009 15:38
Hi Ashraf,

What is your outlook for oil long term? Do you beleive in Peak Oil and that price will eventually go as high as $300 per barrel?

Thanks
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 18, 2009 15:25
Hey, gunjack
I guess Ashraf will suggest you to hedge it ....maybe long GBP/JPY for a while.........



Good luck!!!
Gunjack
London, UK
Posts: 1184
15 years ago
Aug 18, 2009 15:22
My GBPUSD puts getting bushwhacked by GBP strength

Ashraf do you think we will see 1.63 by end of aug...are therefore bring my puts ITM

Thanks
Gunjack
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 18, 2009 15:20
Hey, Ashraf
Which chapter should we read on your book now???

Best regards
Qin