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61 Posts Total by "houram":
55 Posts by member
houram
(Vancouver, Canada)
6 Posts by Anonymous "houram":
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houram
Vancouver, Canada
Posts: 55
15 years ago
Aug 10, 2009 12:53
In Thread: Speculators' Futures FX Positions
Hi Ashraf,
Do you think short NZDUSD is also a good play for this week?
houram
Vancouver, Canada
Posts: 55
15 years ago
Jul 27, 2009 14:33
In Thread: NZDUSD Eyes Sub-0.63
I am also short GBPJPY, guess we have to wait for the US GDP.
houram
Vancouver, Canada
Posts: 55
15 years ago
Jul 13, 2009 5:01
In Thread: When Will GOLD Hit $1,050?
Hi guys,

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.
houram
Vancouver, Canada
Posts: 55
15 years ago
Jul 10, 2009 13:17
In Thread: How low will GBPUSD go in May?
Hi guys,

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.
houram
Vancouver, Canada
Posts: 55
15 years ago
Jul 3, 2009 6:26
In Thread: What is the currency pair you trade the most & why?
VOTE:EURUSD

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
houram
Vancouver, Canada
Posts: 55
15 years ago
Jun 8, 2009 14:31
In Thread: Where will EURUSD close by end of June?
VOTE:$1.37-1.45

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.
houram
Vancouver, Canada
Posts: 55
15 years ago
May 28, 2009 20:43
In Thread: Yield Shoots, Dollar Leaves
Hi Rob,
The Fed is powerful but still I believe it was the Fed that caused the financial crisis by giving "cheap" money and now they try to solve the crisis by printing even more money!!! What will happen next? Dollar loses its value, commodities will go up and so on. I don't understand why they do it but one thing I am certain is that I will keep away from US equities (emerging markets will do much better), buy more commodities and will stay dollar short.
houram
Vancouver, Canada
Posts: 55
15 years ago
May 5, 2009 9:10
In Thread: Rising Yields Fight the Fed
Hi Ashraf,
Do you think 1.17 could be a near term target for USDCHF?
Thanks
Houram
houram
Vancouver, Canada
Posts: 55
15 years ago
Apr 29, 2009 19:23
In Thread: How low will GBPUSD go in May?
VOTE:Below $1.41

We should see risk appetite and thus the stocks going down, which will weigh on the USD
houram
Vancouver, Canada
Posts: 55
15 years ago
Apr 20, 2009 18:08
In Thread: More CADJPY Losses
Hi Ashraf,
Assuming that we will see risk appetite coming under pressure for the next 4 weeks, where would you see NZD/JPY, below 48?
Thanks
Houram
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