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Posts by "bojan"
150 Posts Total by "bojan":
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Posts by Anonymous "bojan":
there is saying in FX " USD is the worst currency, except all the others", and on the question to Warren Buffet " if you would have to transfer all your USD cash, what currency would you buy? " He answered "CHF, because I would loose the least"
Frank is not tied to commodities like (AUD,CAD,NZD), Swiss neutrality and bank secrecy (currently it's in question, but we shell see) provide safe haven, and economy has steady pace (no huge swings) Switzerland does not have astronomical national debt like USD, GBP, JPY
my favorite reason to trade CHF, particularly EUR/CHF is SNB and their interventions. National Bank is trying to scare people from buying their currency against EUR. Personally, I think it is most predictable pair on the market for a while now.
Question about CHF is "why you would' not buy CHF"
b.
http://www.goldprice.org/live-gold-price.html
it is much better when you can connect person with the name on forum box. I would like to sell JPY pairs, but will still wait for march to officially finish (japanese repatriation)
Ashraf,
hope you are going to have more N. America presentations
b.
thanks for the great presentation (Toronto), it was definitely worth the trip.
site visitors;
to see Ashraf live is really something, if there is a chance to see one of his presentations do not hesitate, you will be glad later. There was nobody that could say it was boring, but very incisive, funny, and full of trade ideas.
b.
I have to admit that on the end I did not catch USD/JPY on its "leap" higher. On few occasions I entered the trade and exited on bounce of the channel, or I was stopped out for moving my stops. Honestly I lost faith in the trade, and later could not convince myself to take it again, so I was just a observer for the last couple of days. It was obvious that pair is about to make huge move in some direction, and I hope that You will have time to explain how did you "saw" the move higher, even when the pair was bouncing in range for couple of weeks. Watching the TV many of the analysts would simply said they don't know about that pair, or switch the conversation to some "better opportunities" to trade. You mentioned JPY weakness in some IMTs and twitter but that pair was still in caged in 89.50 -91.00, so for me it was impossible to stay in a trade and keep the bull in me. I am not sure is it long or short explanation, but I would like to know what are the signs that kept you bullish on this pair for three weeks?
Thank You
b.
see You in Toronto...... finally...... I hope you will have time to sign my (your) book
http://i244.photobucket.com/albums/gg10/tonyevans1/Zin100Tnote.jpg
.....even Lehman would still be operational
b.
I would not be suprised at all
b.