Forum > View Topic (Hot-Chart)
by Ashraf Laidi
Posted: Nov 11, 2009 16:58
Comments: 36
View Hot-Chart
This thread was started in response to the Hot-Chart:

EURGBP & EURNZD

 
patriot
UK
Posted Anonymously
14 years ago
Nov 27, 2009 14:45
Ashraf - Nice site and your book is on order. Any view on AUD/GBP? GBP has been recovering against NZD nicely but still awful against AUD. Any chance of it getting back to at least 50?

Ashraf Laidi
London, UK
Posts: 0
14 years ago
Nov 27, 2009 13:57
j k, shorting oil by selling puts? not sure what you mean.

Ashraf
j the k
Doha, Qatar
Posts: 1
14 years ago
Nov 27, 2009 10:19
Hi Ashraf, The insights in your book are seminal in the sense they give analysts a valid basis for forecasting. Kudos to you for so lucidly expressing your rich experience.
I would like your thoughts on an oil strategy. Is this a good time to short oil (basically sell puts) at 50 for Calendar years 2010 & 2011 with a view to fund long oil positions for the same tenor at strikes of 90. Some leverage may be required as the 50 puts are not yet priced sufficiently well to fund 1:1 calls for the 90 strike. Obliged if you could kindly share your thoughts. Best regards
Steven Blyth
London, UK
Posts: 148
14 years ago
Nov 20, 2009 18:39
Many thanks Ashraf.
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Nov 20, 2009 16:17
steve, i prefer to sell AUDJPY than AUDUSD but AUDUSD may have a little bit of ground towards 0.9050. Key event will be whether RBA raises or not. i will write about this in my IMT.

Ashraf
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Nov 20, 2009 16:15
Maria, EURUSD direcly related to OIL, which means USD is inverse to oil. but what i said in article is that although EURUSD was going up, the speed of the rise in oil was weak, hence, there is serious weakness in oil. and thats what we saw today.

Ashraf
Maria
Juarez, Mexico
Posted Anonymously
14 years ago
Nov 20, 2009 15:49
Hola Ashraf: Great call on EURUSD about testing support area and I get lot knowledge reading you. Your forum provide good oppurtunity to learn for me more than I getting from CNBC. Thank you.
Steven Blyth
London, UK
Posts: 148
14 years ago
Nov 20, 2009 12:42
Hi Ashraf,

Im still Long Aussie but all this talk of a USD turnaround is making me wonder if we may have hit the top in the AUSUSD pair.

What are your thoughts on AUSUSD. Is the AUSJPY pair a better play or are the carry trade pairs coming to the end of their run?

Many thanks.

Steven
Maria
Juarez, Mexico
Posted Anonymously
14 years ago
Nov 20, 2009 0:38
Yes, reading you Yen article was much help. Learn a lot from those charts and try to read more in your book too. I try to understand your EURUSD and Oil relationship article today, sorry not understand some of it. Is EURUSD how you say inverse proportional to Oil? Or is it other way round?
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Nov 20, 2009 0:23
Maria, we're already at the of the week. EUR did well against USD more than others did against USD. I think EURUS will be capped at around 1.4930s. they will try a new attempt on $1.4820. i hope you did well in those Kiwi and Aussie traders.
Ashraf