Forum
Posts by "houram"
61 Posts Total by "houram":
6
Posts by Anonymous "houram":
I don't think markets will move that fast in August. I am sure we will see sub 87 before year end
Do you think short NZDUSD is also a good play for this week?
I would say because of the present circumstances the money is in equities and treasuries, therefore there is less cash to be invested in gold/silver. Also the physical demand in Q2 has decreased according to several reports.
I agree with that, the cable is overvalued. This morning my GBP/JPY pair is already 250 pips down, my next week target is 145 and for GBPUSD is 1.59.
Wish you all a successful trading day.
Most volume, lowest bid/offer difference, therefore it is the cheapest. I trade it almost every day for quick nice profits.
USD/JPY is in my opinion the most predictable pair. I short between 96 to 98 and buy at 92 to 94
Although we may see a pull back in equities very soon but I think the devaluation of the dollar at the same time will prevent it going below 1.37 by the end of June.