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by Ashraf Laidi
Posted: Nov 27, 2009 16:51
Comments: 404
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This thread was started in response to the Article:

Gold & Yen's Perfect Desert Storm

Yen strength still eclipsing USD rebounds during risk aversion. while gold's ascent is better gauged against currencies other than the US dollar.
 
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PippedOff
Canada
Posted Anonymously
14 years ago
Jan 13, 2010 8:18
As soon as Gbp dipped below the beloved 1.6200, I saw on my tick chart a trade of 12 pips UP fr the Gbp.
PippedOff
Canada
Posted Anonymously
14 years ago
Jan 13, 2010 8:14
Another 0.9130 to 0.9100 dive in usd/jpy pending
Pipster
birmingham, UK
Posts: 111
14 years ago
Jan 13, 2010 6:27
Pipped Off,

Whats your take on Eur/Usd for this session.

Many Thanks
PippedOff
Canada
Posted Anonymously
14 years ago
Jan 13, 2010 6:23
Bam. Another 15 pips in a minute on gbp/usd tsakes out 1.62.

Bloody Eurpean session coming for Usd bulls.
PippedOff
Canada
Posted Anonymously
14 years ago
Jan 13, 2010 6:21
Gbp/Usd setting up to breach the 1.6240 resistance cap by at least 50 pips within three hours in response to UK economic data some seem to know already.
PippedOff
Canada
Posted Anonymously
14 years ago
Jan 13, 2010 6:13
Usd/Jpy setting up to drop another 75 pips from it's current 91.00 perch in European session.

There seems to be a decoupling between Gold and "true" high yield currencies, and the eur/usd and gbp/usd pairs. The former two are struggling, while the latter two have become market favorites.
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Jan 13, 2010 1:51
As ugly as my last long USDJPY call was, i still see renewed gains towards 93 and 95.
heres what i said in latest article:

" 93 yen is likely to pave the way for 95 but not without interim retreat to as low as 90.20s as the yen regains some short-lived lustre from an upcoming market pullback of no more than 7%."

i now see abt 60% chance of sub 90.50 before regaining 95 after which wed start new leg down.


Ashraf
PippedOff
Canada
Posted Anonymously
14 years ago
Jan 13, 2010 1:46
Usd/Jpy went straight down from high to low (35 pip range) in an hour. Run those stops!
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Jan 13, 2010 1:45
mckinnon, please read my IMTs. i have not changed my mind on gold. said yesterday it would fail 1170 and i remain persistent in expecting 1070. So you can aim for prelim target at 1105.

Ashraf
PippedOff
Canada
Posted Anonymously
14 years ago
Jan 13, 2010 1:43
Usd/Jpy definately not for the faint of heart - whether short or long!
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