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Posts by "nzvik"

263 Posts Total by "nzvik":
225 Posts by member
nzvik
(Auckland, New Zealand)
38 Posts by Anonymous "nzvik":
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Apr 1, 2010 9:21
In Thread: JPY
don't know ptaczek -but I am putting in a small short now on usdjpy at 93.6 - and another one at 94 - if it takes out 94.5 i will get out. if it works out targets are below 92 and hopefully 90.5.
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Mar 24, 2010 10:54
I think Gold's supply-demand market structure has changed over the last 6 months or so. There are too many different interests in gold now - central banks are key but hedge funds (like Paulson), ETFs and the like have substantially greater exposure to the metal than has ever been before, which has helped keep it well bid.


nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Mar 24, 2010 10:44
In Thread: EUR
don't be surprised if this sparks off an equities sell off with the Euro to 1.3 in the next few days - US open will be interesting. Looks like Ashraf has friends at Fitch.
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Mar 23, 2010 9:02
hopefully you are right ING - I am getting less confident as European equities are rising
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Mar 23, 2010 7:47
With you on this INGbalek - but in from 9162 - will get out of trade if it does not take out 9100 by US close today. Needs to break 9100 to confirm bearish structure. If it does, I plan to bring SL to 9190 (high of yesterday)

If it takes out 9250 on the upside then the bullish structure from Feb 5 continues with further gains - in my opinion.

GL
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Mar 19, 2010 11:04
could be because copper and gold are holding well and Shanghai composite was positive for the day
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Mar 19, 2010 8:41
In Thread: EUR
let it first reach 1.38 (doubtful) then the market will tell you if it wants to go further up or back down
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Mar 19, 2010 0:37
looking for one last push to the 1135 area in the next day or two - to take a short position, however 1135 may not come if usd strengthens
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Mar 18, 2010 12:13
usdcad is probably not the best instrument for usd bulls - better to look at usdchf as the SNB is always happy to push chf lower
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Mar 18, 2010 12:11
oil may drop while cad may strengthen - it seems a Canadian rate rise is being priced in