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Ashraf Laidi "calls"

  • #61
  • Apr 7, 2010 4:44pm Apr 7, 2010 4:44pm
Mr Alaidi is trading live with a whole bunch of other broker "experts", I wonder if somebody could tell us how their live trading is going.

Honestly........ this guy was gaining my respect but I can't swallow him ganging up with a whole bunch of losers. I guess they are all birds of the same flock.

It just does not make sense........a trader makes money trading!!!!

Those freaking guys at FXstreet, Bootcamp, or whatever make money teaching (what they dont know) because they can't make money trading. The 'educators" at brokers "teach" what they don't know because their bosses want accounts to be drained slowly, thats the only reason.

At this point I'm really considering Mr Alaidi a fruit of plain luck. It is still early to call him a fake but the way he behaves makes no sense.
  • #62
  • Apr 8, 2010 12:02pm Apr 8, 2010 12:02pm
Got some info about Mr Laidi live trades....and.....it seems that people are calling the session a little "vague"!!

Weird how he seems to be less bold when he is trading live .

Well...I'm not surprise since when you go from theory to practice the theory seems to change

This morning his strategy was to sell E/U....since than the pair rallied 80 pips or so.

Anyways he came up with another call for 1.30 or 1.28 till the end of the quarter....lets see.
  • #63
  • Apr 10, 2010 4:24pm Apr 10, 2010 4:24pm
Since my last post E/U rallied almost 200 pips. I wonder if he is holding his draw downs or...............

Since Dubai's default news (back last year) the trend has being down and I'm kind of suspicious that Mr Laidi is profiting from this fact because price is always coming back to his calls. When things don't go quite the way he predicted, he start to talk about another pair and when price comes back he brags.........

The only way to really tell if he knows what he is doing or if luck is a big part of the equation is to wait until the next big trend reversal begins and see if he will be able to spot it.

When this happens we will be able to see what kind of trader he really is.
  • #64
  • Apr 12, 2010 11:50am Apr 12, 2010 11:50am
It seems the guy missed it bad huh !! Since his last calls on E/U short the pair rallied....what....450 pips...ouch !!!!



Well...well...well...Mr Alaidi lost a lot of his arrogance by what I can see on his posts !!

He is no longer calling their followers "weak shorts" but instead the guy himself is proposing higher and higher resistance zones.

What a difference 2 or 3 days can make!!

Yesterday I was lurking at the E/U thread here on FF and I could see the same phenomena happening. When people are right they brag and claim everything they say is right. When people are wrong they.....well....they vanish ....even the so called gurus! And come back when they are right again.

Well Mr Alaidi will probably talk about other pairs or commodities ( the ones he has being right) until E/U comes back to his calls again.

I guess we can call him a lagging indicator!!

What the so called "gurus" dont get ,is the fact that Forex is a game of probabilities. We can find berish and bullish ways of seeing the market anytime.

In a downtrend the berish ones will make sense, in a up trend the bullish will make sense but the truth is that they co-exist, they are there all the time.

Anyways....it was fun....I'm squaring my books on Mr Alaidi. I'm placing him in the same spot I place all gurus I studied so far. Lucky guy !! He is right when he is right...and he is wrong when he is wrong.

I just wonder how his followers are feeling right now....margin called or chewing some pretty serious draw downs.
  • #65
  • Apr 12, 2010 6:31pm Apr 12, 2010 6:31pm
Just took a look at Mr Alaidi's twitter and I never saw that little posting....I wonder why!
  • #66
  • Apr 15, 2010 5:10am Apr 15, 2010 5:10am
April 15, 2010 05:29 ET: EURO PULLBACK remains isolated from other currencies as Greek/German yield spread jumps back to 427 bps, up more than 70-bps due to ongoing uncertainties over the agreed-upon 45 bln euro package. We long said there are serious questions about the efficacy of deploying those funds, including 8.5 euro billion from Germany. Euros failure to break above $1.3680 yesterday is giving way to a full-cent sell-off towards $1.3533. Subsequent target stands at $1.3480. OIL remains capped below 86.40 trend line resistance (extending from Apr 6 high).

Hummm ...so.... what do we have here?!?

I guess a A LOT more cautious Alaidi....!

See how he is ....errr...restraining himself from calling deadlines.

1.3480 target....when...intraday....week...month..quarter ?? By the way, his 1.28 to the quarter end still stand?

And when his followers ask him questions on his twitter he gets irritated...

I would venture to say that this guy blew up an account not long ago. He seems to be still learning some pretty basic lessons from his mistakes. He should know better.
  • #67
  • Apr 20, 2010 6:44am Apr 20, 2010 6:44am
Little update on how this "guru" is doing............

His "predictions" dried out drastically, as did his TV appearance and seminars. His book vanished from the charts also.

Now it makes perfect sense, his frenetic work schedule was based in taking profit on a unsustainable momentum driven by............LUCK...!!

He knew that what he was doing could not last for long, so he was milking it while it lasted.

I would not discard a "resurfacing" for Mr Alaidi if the market comes back to his calls. But in my opinion the maximum he is going to get, is a double top on his popularity before he get retraced back to obscurity.
  • #68
  • Apr 21, 2010 7:12am Apr 21, 2010 7:12am
As expected .........., the same Mr Alaidi silent through the whole rally came up today to reassure (!!) his commitment to 1.30 and now even 1.27.

OHHHH boy!! I wonder were he was during the rally!!

He is not showing up on the media at all lately, so he should have plenty of time for analysis and comments, but he decided to make some sparse comments on other stuff but E/U.

I think he is using the down momentum to throw as much poop on the air as he can. Something will end up sticking and he can maybe capitalize on it.

Usually the economic media channels out there don't have a clue about what is going on, and as soon as somebody pop up saying something that "seems" to explain what is happening they call the guy on the air.

It is getting funny again....lets see what he will tell after the market goes against him again...
  • #69
  • Apr 26, 2010 9:22pm Apr 26, 2010 9:22pm
Ok...after reassuring his commitment to 1.30 Mr Alaidi saw the pair rallying again .

That is the second time that I hinted a market change of direction ( just for the records ) and the guy was unable to spot it. All professional traders traded it while Mr Alaidi was late on the trade wishing for more down movement when things where already exhausted.

I wander if his followers hang on to draw downs and pray or bail out for a loss.

Anyways he lost a lot of space in the media.......people are not that stupid and, only some obscure Arab are still listening to this guy.

As I said before I'm closing my book on this guy, his calls are based on luck and, he is a gambler just like 95% of so called "traders" out there......
  • #70
  • May 4, 2010 9:26pm May 4, 2010 9:26pm
Quote
so 1.30 $EURUSD hit 2 weeks later than expected since the February call but think 1.27 could hit b4 my Oct horizon
.....so a wrong prediction that goes your favor is taken with pride.....one more reason to believe that he is gambling and being lucky.


Quote
i will shed light about gold and "what went wrong". meanwhile, see my latest webinar about GOLD/JPY on Dec 2nd
....oh boy this guy is really funny...ok guys now that I got lucky again, I'm gonna shed light about why I did not get so lucky before...err...and by the way take a look at my old webinar....I got lucky there!!
  • #71
  • Aug 12, 2010 9:29pm Aug 12, 2010 9:29pm
Bump.

If Platyman doesn't mind, let's reignite this thread since Ashraf is still making appearances on occasion.

I propose cross posting his videos for all to see and let him fly or sink on his own merit.
Not all sins are created equal
  • #72
  • Aug 12, 2010 10:12pm Aug 12, 2010 10:12pm
Quoting Jay Walker
Bump.

If Platyman doesn't mind, let's reignite this thread since Ashraf is still making appearances on occasion.

I propose cross posting his videos for all to see and let him fly or sink on his own merit.

ashraf laidi visits FF?
  • #73
  • Aug 12, 2010 10:29pm Aug 12, 2010 10:29pm
Sigh, there are a lot of outstanding analysts that are not good traders. It's a different skill set.

I follow Ashraf and take what he says very seriously.
  • #74
  • Aug 12, 2010 10:32pm Aug 12, 2010 10:32pm
Quoting mfoste1
ashraf laidi visits FF?
LOL! No.

But he used to make daily videos and now his YouTube appearances are spotty.
Not all sins are created equal
  • #75
  • Aug 13, 2010 12:28am Aug 13, 2010 12:28am
Quoting Jay Walker
Bump.

If Platyman doesn't mind, let's reignite this thread since Ashraf is still making appearances on occasion.

I propose cross posting his videos for all to see and let him fly or sink on his own merit.
I propose a demo account to trade his calls....!!

I spent some time watching his videos because he sold me the image of a sharp analyst. Than I discovered that he works for a freaking broker, works 18 hours per day and spend his weekends on webinars to make some extra bucks. Also he is all over the place in his calls. Not worth my time....don't watch this guy anymore.
  • #76
  • Aug 13, 2010 1:08am Aug 13, 2010 1:08am
Quoting Platypus
I propose a demo account to trade his calls....!!

I spent some time watching his videos because he sold me the image of a sharp analyst. Than I discovered that he works for a freaking broker, works 18 hours per day and spend his weekends on webinars to make some extra bucks. Also he is all over the place in his calls. Not worth my time....don't watch this guy anymore.
I'll remain impartial. But if he sucks, he should be exposed.
Not all sins are created equal
  • #77
  • Aug 13, 2010 1:33am Aug 13, 2010 1:33am
Quoting Platypus
I propose a demo account to trade his calls....!!

I spent some time watching his videos because he sold me the image of a sharp analyst. Than I discovered that he works for a freaking broker, works 18 hours per day and spend his weekends on webinars to make some extra bucks. Also he is all over the place in his calls. Not worth my time....don't watch this guy anymore.
work 18 hours??? and on weekends??
well somebody has to tend the dirty work in broker back moutain.

i once paid for a signal service €100 for 1 month, i realized anyone could have done the same calls
  • #78
  • Aug 13, 2010 1:50am Aug 13, 2010 1:50am
Quoting bad$ala
work 18 hours??? and on weekends??
well somebody has to tend the dirty work in broker back moutain.

i once paid for a signal service €100 for 1 month, i realized anyone could have done the same calls
For €20, I'll flip a coin and make a call. Send me money instead. As a bonus, get 5 months of signal service for €100. 5 times cheaper than the other guy, what a bargain!
Not all sins are created equal
  • #79
  • Aug 13, 2010 11:30pm Aug 13, 2010 11:30pm
I'm so so sad folks!! I know that is probably meaningless to post it here but I had to put one of my cats to sleep today and I'm just crushed.......

Around one year ago I found some kitties on the street and brought than home. One of the females gave birth to 5 more kitties on march 4th, I helped with the labor and everything.

My daughter named one of them Bubbles and he was fat, adorable and the nicest kitty on earth.

Today we had to put him to sleep because of a incurable genetic desease.

Again....I'm crushed.....I'm feeling even worst than my kids. I would like to post a pic of him here but it is too painful.

Sorry again for the off topic post but I had to at least register it here.
  • #80
  • Aug 14, 2010 12:03am Aug 14, 2010 12:03am
Quoting Platypus
I would like to start a discussion about Mr Alaidi “calls” here ate FF . I will take it as a personal project because I just love to engage myself in this kind of observation. Or should I say research?...

Lol, how do you know that he is not rich?
1. When i was working on the fx trading floors in the city back in the late 90's, some of the traders where on £1 bar plus and with bonuses could take home £10-15bar a year, that’s back in the 90’s.
2. You clearly are still living fairy tales if you believe that professional traders want to set up margin accounts at retail brokers and trade from home instead of being in the middle of the action on a full blown trading floor... you my friend are clueless. You remind me of a little bird pecking the asshole of a hippo oblivious of the bigger picture and when the hippo decides to have a shit you get washed away wonder what the hell you did to get it so wrong...
3. Anyone with an ounce of a brain and any knowledge of the FX industry will know that given the choice anytrader would want to be a broker or atleast have a brokerage business? because as a broker you make SERIOUS money WITHOUT ANY RISK -DUH!!!!!!
4. Anyone who sets up a thread specifically to follow the geral marker opinons of an analyst - not the trade calls of a trader has got to be such a pea brained, insignificant little fly that i must wonder why I have just wasted the last 5 minutes of my life writing this...
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