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130 Posts Total by "mo":
124 Posts by member
mo
(liverpool, United Kingdom)
6 Posts by Anonymous "mo":
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mo
liverpool, UK
Posts: 123
15 years ago
Jul 29, 2009 14:35
In Thread: Speculators' Futures FX Positions
Hello Ashraf

GBP/USD spiked up 150 pip in very short time. Any reason?

Thanks
mo
liverpool, UK
Posts: 123
15 years ago
Jul 24, 2009 17:06
In Thread: Gauging the Bounce in Appetite
Hello Ashraf
Following yesterdays BOC comment regarding any farther strength on the CAD will be negative for the economical growth,

Ashraf at what level aginst the USD do you see the central bank will intervene to steam the appreciation of Canadian dollar?

THANKS
mo
liverpool, UK
Posts: 123
15 years ago
Jul 24, 2009 14:17
In Thread: Gauging the Bounce in Appetite
hello Qin
I havent read the paper yet I had to go out last night, I will read it over the week end.

Did you miss the most aggressive rally in the CAD I ever seen. It is just breathtaking.
mo
liverpool, UK
Posts: 123
15 years ago
Jul 23, 2009 17:12
In Thread: How low will GBPUSD go in May?
hello Qin
Yes the Canadian dollar had big rally against the USD,, almost 8% in the last 2 weeks . I think it is due for correction next week which will take it to 1.13-1.1425.

I hope the GPB/USD close below 1.6580

Good luck to you
mo
liverpool, UK
Posts: 123
15 years ago
Jul 23, 2009 16:41
In Thread: How low will GBPUSD go in May?
Hello Qin
Stock rallying for 9th day in the raw very impressive.
I havent close my position because it is quite small 0.8 lots, I will wait until tomorrow GDP to decide ,My stop loss is above the June high.
i think it is highly unlikely that this rally will continue next week.


I will read the document you send me later today
Did you had any long CAD position today? How many open position do you have now?
mo
liverpool, UK
Posts: 123
15 years ago
Jul 23, 2009 11:50
In Thread: How low will GBPUSD go in May?
Hello Qin
I got your email but there was no link or anything attached to it.

I added to my short GBP/USD today ,.The path of less resistance for the GBP/USD is to the down side.
mo
liverpool, UK
Posts: 123
15 years ago
Jul 22, 2009 0:46
In Thread: USDJPY 4-week Cycles
Hey Qin
Sorry I was out all day yesterday,, yes you can send me the report into my email address

alsharman@btinternet.com

Kind regard
mo
liverpool, UK
Posts: 123
15 years ago
Jul 20, 2009 22:54
In Thread: Speculators' Futures FX Positions
jj speculater
One of the most bullish starling where -walls forgo -they where forecasting GBP/USD at 1.8 by the third quarter but they revised there forecast to 1.58. Deutsche bank forecast 1.50 by the end of the third quarter
https://www.db-markets.com/portal/mediadownload/CMS/en/2_News_Publications/2.2_Publications/daily/200709-chrtengl.pdf

From Bloomberg
Sterling will weaken to $1.53 over the next three months, according to Stannard. The median of 33 analyst forecasts compiled by Bloomberg is for the currency to end the third quarter at $1.59
mo
liverpool, UK
Posts: 123
15 years ago
Jul 20, 2009 18:31
In Thread: USDJPY 4-week Cycles
Hello Qin

I always wanted to visit Norway, I heard it very beautiful place to spend holiday there.
Also glad to see your long CAD positions ended up profitable after all.


I am Currently range trading GBP/USD, selling GBP against the USD with target of 1.60 and 1.58, . I think the pair will end up this quarter around these level.

I am natural about the USD/CAD, but I think there will be a retest of 1.1430 in the next week or so.

good luck to you
mo
liverpool, UK
Posts: 123
15 years ago
Jul 17, 2009 10:02
In Thread: Gauging the Bounce in Appetite
Hi
I think it is agood oppurnity to buy back into the USD now aginst EURO and GBP for move higher in the rest of the 3rd quarter.
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