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Posts by "pippedoff"

1087 Posts by Anonymous "pippedoff":
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 8, 2010 0:55
@chloe-USDCAD attempting to close the gap down. However, this is the point where it got knowcked back down earlier. Guess it's more important to by euro for the markets.
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 8, 2010 0:34
In Thread: EUR
30/40 pip moves in Pre-Asia session based on stop-running in low-liquidity markets are usually undone in Asia session. However, USD is awfully weak, and looking like it is going lower. Even trash-euro and gbp are stomping USD.

Even Ashraf is suspecting consierable lower USD now (short term).
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 8, 2010 0:17
In Thread: JPY
By USD weakness, are you inferring to close all eur and gbp shorts, and gold too?
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 7, 2010 22:57
As AUDNZD appears to be breaking down, wouldn't NZDJPY be the better play?
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 7, 2010 22:11
chloe-USDCAD hammered on the open, testing Friday's lows. Looks like all your buy orders will be filled today.
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 7, 2010 21:32
BNZ and NAB Weathermen are relentless so far in Sydney Session. Expect Westpac to join in the cheerleading.

Heard there was a ticker tape parade in Sydney where the RAB were the Grand Marshalls, and the WEATHERMEN analysts were toted around in convertibles, waiving to their adoring fans and followers.
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 7, 2010 21:28
WEATHERMEN ANALYSTS doing their thing in Sydney session-pounding the table and being HOMER ANALYSTS for AUDUSD and NZDUSD.
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 6, 2010 20:50
In Thread: JPY
Ashraf, I think your off by 100 pips on USDJPY. Did you mean we can see 91.00 and 91.30. After Monday, do you expect JPY to strengthen for the remainder of the month with the end of the Japanese year ending at the end of the March?
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 6, 2010 20:47
Ashraf. Thank you for the response. Your previous reply to wasup states we'll break 1140, which we did once each intra-day each of the past two trading days. However, no close over 1140 yet. Seems like 1127/1145 is the current trading range.

Have you backed off the short-term bearish stance on gold and expecting it to now continue to rise, or expect this USD to continue upward after a day or two more of consolidation, starting Gold back down.

Also, a lot of talk this weekend out of China regarding re-valuing. You mentioned O'Neill of Goldman felt Chinese would revalue sooner rather than later. How would a China revaluation, in your estimation, affect FX, particulary JPY and the yen crosses, gold and aussie?

Thank you.
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 5, 2010 23:53
AShraf-looks like Oil closed at 81.5. The latest IMT states 81.4 as critical resistance.

I've always used a little "fudge factor" margin of safety in the case of commodities to account for their tendency to slightly overshoot, creating false breakouts/breakdowns.

You still feeling confortable with the "Oil To Hold And Reverse" concept based on 81.4?