Archived IMT (2008.10.14)

by Ashraf Laidi

Oct 14, 2008 23:25

I mentioned the falling yen crosses in the latest headline (3pm EST). you can consider hedging against these longs by being short NZDJPY and USDJPY. Looks like GBPJPY will test 176 yen and cable targets $1.73. This is a very volatile market. Better to have money on both sides of the carry trades. Either what I mentioned above, or go long AUDJPY, GBPJPY, NZDUSD and short GBPUSD and USDJPY. The latter pair is best to short as the 103 resistance still holds.

Previous Next Archives

Latest IMTs

Gold $5000?
by Ashraf Laidi | Feb 24, 2026 14:21
DXY Net Longs
by Ashraf Laidi | Feb 23, 2026 14:20
Iran Polymarket & Fed Odds
by Ashraf Laidi | Feb 20, 2026 11:27
Gold, Iran & Oil
by Ashraf Laidi | Feb 19, 2026 16:40
Trade Already in Profit
by Ashraf Laidi | Feb 17, 2026 18:16

Subscribe to Ashraf's Newsletter

Name:

Email:

Latest Hot-Chart - Feb 24

Gold 5000? Can gold drop back to $5000 per ounce. Here are 2 possible technical scenarios. China's return to the market could also bring back selling pressure during Asian session.. View Hot-Chart..

Intermarket Analytics

21-yr Intermarket Charts - 7 indices 11 currencies 14 commodities Chart

21-yr Intermarket Charts - 7 indices 11 currencies 14 commodities Interactive charting by instrument, chronological and alphabetical order. This enables organizing each individual commodity, currency or equity index' performance by magnitude or chronological order. View..