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Posts by "rob"
366 Posts Total by "rob":
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Posts by Anonymous "rob":
Thanks for the last IMT, I had similar thoughts and shorted GBP/JPY at 153.50. Can you give a stop point for that. Thanks so much. Killer USD/JPY call/chart, by the way.
Hopefully the stop will be irrelevant by the time you get this. Thanks as always.
I remember several weeks ago that the Canadian Central Bank said it didn't like strength of it's currency against the USD, and also said it could begin quantitative easing because the economy wasn't as strong as they'd expected. With the interest rate decision next week - do you feel those events will happen? But more importantly, if the dollar continues to fall across the board, do you think talk out the central bank will be enough to cause people to sell CAD (again, assuming the dollar is still falling hard)? Thanks for your opinion.
Right here - http://www.allheadlinenews.com/articles/7015683761?Rogue%20Trader%20May%20Have%20Spiked%20Oil,%20Raised%20Volumes%20Through%20Unauthorized%20Trades
With USD strength being compromised by US debt and economy, BRIC moves out of USD, and China and Russia opening their mouths about different reserves - how do you feel about going long GBP/CAD (or EUR/CAD) instead of USD/CAD? Both pairs seem to have quite a strong upward channel in daily and weekly charts. Thanks
Hoping you can offer some thoughts - I shorted GBP/USD at 1.6380 and it seems rather bullish and not willing to go under 1.6400. I'm hoping Asian markets sell it, but the GBP seems the strongest today. It looks hopeful that a triple top is forming at 1.6425 but still quite bullish. BOE interest rate decision is next week, but quite far off. Also, there is a bullish weekly channel that I just noticed. Hmmm... Thanks
Do you suspect the Chinese talk will affect GBP/USD much? I'm in with a new short at 1.6380, lower than I'd like to be. It appears very reluctant to both go above or below presumed 1.6400 resistance. However, I would think that days like today make the Chinese happy because of the strength in the dollar and a good time for them to keep flip-flopping and state that it's not urgent to replace USD.
By the way, it seems Asia should fall off a cliff (not necessarily from North Korean nukes) after today in NY - should boost the USD and JPY a bit more. Best
Couldn't have said it better - "the tolerance and the will"