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Posts by "speculator"

804 Posts Total by "speculator":
22 Posts by member
SPECULATOR
(LONDON, United Kingdom)
782 Posts by Anonymous "speculator":
speculator
Posted Anonymously
15 years ago
Oct 9, 2009 18:52
fair enough ashraf.

based on elliot wave theory which i can proove is very reliable based on passed reports, the dollar should run a 12 month+ bull whilst gold will collapse. i think the dollars main strength will come from the yen, pound and possibly euro. the dollar is about to be re-born and surprise the majority!



speculator
Posted Anonymously
15 years ago
Oct 9, 2009 18:21
hi ashraf do you think dollar sentiment can get any worse? the dollar keeps rebounding. so its clear that rumours have on a temporary influence on the dollar. i see fed tightening early 2010 and maintain near term support for dollar index at 75 for a shot to 80 this quarter. the declining dollar trend is becoming exhausted with many of the major pairs. imagine what influence dollar positive news will have.



Speculator
Posted Anonymously
15 years ago
Oct 7, 2009 9:24
the dollar's fate will very much depend on interest differentials between dollar pairs. Hence cable on the downside. The one who can predict Fed's monetary policy is the one that will make the hottest gains for longer term positions. The fact that everybody is expecting a correction will ensure it will not happen UNLESS a shock comes about and that would just make it a coincidence.
speculator
Posted Anonymously
15 years ago
Oct 6, 2009 18:57
cable is bound to plummet against dollar in the near term
speculator
Posted Anonymously
15 years ago
Oct 6, 2009 1:44
long live qin!
speculator
Posted Anonymously
15 years ago
Oct 5, 2009 20:17
gunjack i was wondering that too. i hope qin didnt take a loss on a short USD and throw himself over a cliff in sweden!
speculator
Posted Anonymously
15 years ago
Oct 5, 2009 0:09
speculators short and long positions:
http://www.reuters.com/article/europeanCurrencyNews/idUSN0223155020091002

sterling (shorts increased), canadian and swiss net long positions trimmed vs dollar recently.

dollar to bounce? i think so!
speculator
Posted Anonymously
15 years ago
Oct 4, 2009 17:25
look at cable this time last year..it was around 1.65 I believe. Although we cant always use past data there is still another chance for a run on the pound vs dollar especially as G7 desire strong pound. If UK house price data starts to reverse slightly, stocks and oil fall a bit and king and co keep a weak pound story in play we will get a gradual decline into 2010.

Some believe house prices in uk have just had a summer bounce which will not last. The fate of the pound will to some extent rely on housing market which is related to UK banks.

We are still expensive on cable based on PPP byabout 7% so if there is a run expect at least 12-20%decline from here into 2010.

My expectations of the dollar to have bottomed out for now and have a rally will help cable revert towards its PPP as also risk starts to be also taken off the table by major fund managers in q4
speculator
Posted Anonymously
15 years ago
Oct 2, 2009 16:28
we have probably peaked in stocks for the year and may have a downside correction. so i see q4 more about fundamentals and monetary policy which includes all the economic date. interest rate differentials and expectations will move the markets,.
speculator
Posted Anonymously
15 years ago
Oct 2, 2009 16:25
may i add that the dollar is probably funding mainly high yielding currencies rather than stocks. Otherwise the dollar should rise if the carry trade into stocks is being unwound. This is just my simple theory.