Forum
Posts by "fernando"
2 Posts Total by "fernando":
1
Posts by Anonymous "fernando":
Do you think the swine flu is just the perfect excuse at the right time for the FED to keep buying LTs? EURUSD chart is also confirming it by failing to stay below 1.30 after three short dips yesterday and rebounding to 1.31. On the 18th of March, EURUSD broke above 1.30 towards 1.31, and then the FED come and bought LTs. It fells that they will not want to spoil the rally right now, after all, it plays a huge role in consumer sentiment and thereby on the possibility of a recovery. Do you also feel that the FED may buy more and that there might be another spike in EURUSD?
I do not quite get what you mean by "GBPAUD is more of a longer term play for the 2.097 and 2.11 target to emerge". Do you mean that one shoud use these targets as entry to sell GBPAUD?
Second, to get a real bang for the buck, if I am bullish on AUD (and less bullish on sterling), what do you think of buying AUSSIE200 from my GBP based CFD account?
Look forward to meet you at the 2 day course after next week.
thanks