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85 Posts Total by "rezz":
77 Posts by member
Rezz
(Vancouver, Canada)
8 Posts by Anonymous "rezz":
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Rezz
Vancouver, Canada
Posts: 53
12 years ago
Feb 28, 2012 23:50
In Thread: Gold, Oil & Indices (Equity & Bond Indices)
Calm before the storm? Tomorrow's LTRO likely to trigger risk off when the less smart money thinks to gets in (this after Dow 13000+ close)after LTRO-2 anouncement. Problem is if its too small, market wont like it perhaps to detriment of risk. If its too big, that could mean euro banks still in trouble and it will dilute the Euro, which can drag risk down, USD up?
Any thoughts or opinions on tomorrow?
Rezz
Vancouver, Canada
Posts: 53
12 years ago
Jan 25, 2012 21:17
In Thread: EUR
This looks like exhaustion rally... Going short EUR/USD... Fundamentally if US economy stays weak as assumed by FED, and with the european crisis being the big drag, ECB will have to outdo the fed with more of its own direct/indirect asset purchases or else more euro countries will be like greece.
Rezz
Vancouver, Canada
Posts: 53
12 years ago
Jan 20, 2012 19:23
In Thread: Commodity FX (CAD AUD NZD NOK)
Great time to short AUD/CAD at around 1.0620, despite weak cpi data this morning, mind you Australia had weak labor data days ago.. Aussie way over its head imho. All bank forecasts I've see point to 1.05 to 1.03 rate in 1 year, AUD/CAD parity in 18 months...
Rezz
Vancouver, Canada
Posts: 53
13 years ago
Jul 21, 2011 19:06
In Thread: Commodity FX (CAD AUD NZD NOK)
Aussie broke range, likely to close above 1.0830 today? bad news for shorts once they continue to panic and keep covering while no significant buyers step in.. Interesting that Chinese manufacturing contraction didn't keep AUD or NZD range bound while the Euro rallied for its own greek reasons!
Rezz
Vancouver, Canada
Posts: 53
13 years ago
May 27, 2011 19:52
In Thread: Commodity FX (CAD AUD NZD NOK)
Tuesday trading will be last day of May. Looking for USD bulls to come out then to try and shape the "monthly reversal candle" in AUD and NZD. If they dont, then maybe going higher in NZD, AUD against USD.
@Loneranger, re CAD it is lagging strength compared to the other two, so its easy to think going long cad/usd (when looking at NZD and AUD), but historically CAD has led moves, so do you think its the pair to touch when the EUR/USD bounce is likely corrective and USDX is consolidating?
Rezz
Vancouver, Canada
Posts: 53
13 years ago
May 27, 2011 4:47
In Thread: EUR
stop triggering to the extreme across most pairs! Somewhat strange for the EURUSD because you'd think its got much liquidity at most times! Any experienced traders have any opinions as to the current moves?
Rezz
Vancouver, Canada
Posts: 53
13 years ago
May 26, 2011 4:53
In Thread: Commodity FX (CAD AUD NZD NOK)
Going short NZDUSD at 0.8065, open tp. Might see some more spikes however as there was a newspaper article claiming Chinese wanting to buy $6B in NZ assets which cause the latest jump. Still NZD is too overvalued imho and i see it correct eventually to $0.77 in next few weeks
Rezz
Vancouver, Canada
Posts: 53
13 years ago
May 24, 2011 19:40
In Thread: Commodity FX (CAD AUD NZD NOK)
@Loneranger, you were right. thanks!
Rezz
Vancouver, Canada
Posts: 53
13 years ago
May 23, 2011 23:53
In Thread: Commodity FX (CAD AUD NZD NOK)
NZDUSD is lagging the Aussie down move, and AUDNZD looks a little oversold. I wouldnt be touching AUDUSD either way here, unless a retracement to 1.0570ish happens. Perhaps market is waiting for the New Zealand inflation report before the NZDUSD sells off tonight, to bring AUDNZD back to the middle of its recent trading range. Any thoughts?
Rezz
Vancouver, Canada
Posts: 53
13 years ago
May 6, 2011 5:44
In Thread: Commodity FX (CAD AUD NZD NOK)
Do you know when the RBA policy statement was formulated? i.e. was it from the time of the rate meeting a few days ago and was just released today? After what happened with silver this week, and oil's 10% drop today I wont take the RBA seriously for now because they may need top reassess things!
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