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Posts by "mo"

130 Posts Total by "mo":
124 Posts by member
mo
(liverpool, United Kingdom)
6 Posts by Anonymous "mo":
mo
liverpool, UK
Posts: 123
15 years ago
Jun 15, 2009 19:17
Hey Qin
In your last post you wrote
hold my position even AUD/USD goes down to 0.7850 and USD/CAD goes down to 1.16
Does this mean that if these level is reached in the Aud and CAD you have margin calls on your account? You dont use stop loss when you trade?
mo
liverpool, UK
Posts: 123
15 years ago
Jun 15, 2009 14:55
Hello Ashraf
I remember in November last year- Euro/GBP was trading at 0.85 - you forecast that they will hit parity, you almost got it right.
What a bout now where do you see Euro /GBP ?
mo
liverpool, UK
Posts: 123
15 years ago
Jun 10, 2009 22:54
Good evening Qin

May be you are correct,, But I am still Long USD/CAD at 1.08 my stop is 30 point below that and my target is around 1.15-1.16.
So I either lose 2000$ or gain 45,000$.

How is your trading today? Do you have any open position?
mo
liverpool, UK
Posts: 123
15 years ago
Jun 10, 2009 22:15
Hey speculator

Deutsche Bank AG, the worlds largest currency trader, predicts the Euro/USD will depreciate to 1.27 in the next three months. what do you think?

https://www.db-markets.com/portal/appmanager/dbmarkets/mydbm?_nfpb=true&_pageLabel=mydbm06_page_15
mo
liverpool, UK
Posts: 123
15 years ago
Jun 10, 2009 0:51
helllo speculator

Will you buy GBP at 1.63? I personally think the amount of profit you could Gain doesnt justify the risk.
mo
liverpool, UK
Posts: 123
15 years ago
Jun 9, 2009 21:27
Hey Ashraf
Where do you see the GBP/USD and USD/CAD at the end of June?
kind regard
mo
liverpool, UK
Posts: 123
15 years ago
Jun 9, 2009 18:41
Hey Qin
I think the risk to reward ratio is much in favourer of rally in the USD against most of the major currencies.
AUD, CAD, NZD are grate currencies but they are expensive at these level.
Good luck to you
mo
liverpool, UK
Posts: 123
15 years ago
Jun 9, 2009 17:30
Hello Qin
I am doing Fine; Yes I am still holding my long position Usd/Cad it is still in the Green.
I still think that the USD is over sold at this level and it is due for a big correction, hopefully we see this in the next couple of weeks.
mo
liverpool, UK
Posts: 123
15 years ago
Jun 9, 2009 17:10
Hello Asharf

Thank you for the interesting Chart, GBP is trading at 1.6280 and CAD at 1.1030 now. Where do you see The Cable and the CAD at the End of this month?

mo
liverpool, UK
Posts: 123
15 years ago
Jun 8, 2009 13:53
VOTE:$1.30-1.35

The Dollar recent sell off was Overextended, I forecast a rebound in the US dollars over the next three months which will take the EURO to the lower thirties.
Euro at 1.33 by the end of the month.