Forum

Posts by "pippedoff"

1087 Posts by Anonymous "pippedoff":
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 8, 2010 15:07
only gold going down. correlations are lost in market at the moment.
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 8, 2010 15:01
I think it is rkkashmir
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 8, 2010 14:36
@chloe, i just have that feeling gold is the next one to pop. USD getting run over by everything. If you take a 1 min chart of anything vs usd, they may pull back to a support level and them bam, 45 deg angle up for 1-1/2 hours nonstop.

Gold continually bounces off that 1133/1134 zone. One good pop and it will go right through 1140. I will not be a happy camper if he goes bullish on gold like he did with aussie today.
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 8, 2010 13:39
@chloe-how many fills you get so far today on USDCAD?

I am giving gold one more opportunity to break support of 1132/1134 before I close this position. I am growing increasingly concerned this will turn into another AUDUSD. It's bounced off this level four times already today,
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 8, 2010 9:13
@chloe-perhaps time to pair back a bit. USD not looking good, and now not even against JPY, yet all risk continues to march higher.
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 8, 2010 2:38
In Thread: USD
as a matter of fact rkashmir, I do mind you using my line, especially in the sarcastic tone regarding Ashraf. He constantly states he calls the direction of the move, and the move is still down in eur and gbp. The consolidations and short covering rallies are nothing but noise.

If you cannot account for them in your mini-overmargined account, then don't trade FX.
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 8, 2010 1:31
Ashraf-there are lots of cross-currents going around regarding a one-time China revaluation, an/or China hiking rates again.

Am I understanding correctly that a rate hike is good for the risk aversion trade, and revaluation would be good for the risk trade?

Please clarify, and which one you think is nore of a reality, and/or likely to happen first.

Thank you.
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 8, 2010 1:24
In Thread: USD
It appeas some fat cats are short USD and desperately trying to prop their bets by continuing to bid trash euro and gbp.

Don't they understand they are playing with a ticking time-bomb which with every passing moment gets closer and closer to detination?

Who in their right mind would be buying trash euro ad gbp except for weak shorters covering?
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 8, 2010 1:09
RBA defending 1.300 in AUDNZD as they defended 0.900 in AUDUSD Friday.

Looks like their strategy is doomed.
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 8, 2010 0:57
In Thread: JPY
USDJPY also back to it's gap-up levels. Basically, pre-Asia was nothing but an excersize in running stops so the market makers could feed themselves.