Forum > View Topic
by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3119
Forum Topic:

Commodity FX (CAD AUD NZD NOK)

Discuss Commodity FX (CAD AUD NZD NOK)
 
1...285286287288289290291292293294295296297298299...312
Karan
Singapore, Singapore
Posts: 83
14 years ago
Mar 2, 2010 14:25
im in the same position as chloe, due to gold im trying to preserve my margin.
what prices did u short gold at chloe ?
chloethebull
Posted Anonymously
14 years ago
Mar 2, 2010 14:21
@callum..i have a couple orders sub 1.0300..but due to my gold position time to excercise some acct/margin restrant...we need somthing or some1 to drop a bomb on the markets an help the usd..gl
Callum
Singapore, Singapore
Posts: 179
14 years ago
Mar 2, 2010 14:16
anyone piling up on USDCAD longs in the low 1.03 levels?
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Mar 2, 2010 11:02
AUDNZD is testing those highs again from Jul 2008. i did say to allow for at least 100 pips breathing room, preferably above 1.30.

Ashraf
trader
Posted Anonymously
14 years ago
Mar 2, 2010 8:09
Callum, thanks.

Actually, I had a Limit order at 1.2760 as advised by Ashraf before I went to bed. But the lowest Offer price was 1.2670 on CMC MarketMaker last Friday and it shot up. Missed by 7 pips !
Callum
Singapore
Posted Anonymously
14 years ago
Mar 2, 2010 7:56
@trader, I understand RNZ hike expectation was mid this year.

If you are worried about your existing shorts on AUDNZD, give it some patience. Ashraf has more details on rationale for short. I remind myself by looking at the monthly chart and notice that AUDNZD so far hasn't broken 1.30 psychological level or July 08 high around 1.2965. It could be a grind for AUDNZD to get to another 30 pips from 1.2935 at the time of writing. Wait for Gold to drop or even EURO, and AUD will come down with it.

Even if it does break 130 and holds today, it will be on tomorrow's newspaper in Australia, and it will be a story everyone will talk about, and could open up room for more buyers? That makes it even better time to position shorts. It hasn't happened yet, so let's see.

Callum
trader
Posted Anonymously
14 years ago
Mar 2, 2010 6:45
Hi all,

Any chance of RNZ raising rates soon like RBA ? May help AUDNZD to come down. PippedOff, u know ?
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 2, 2010 6:09
I have Chkoe, I have,

it all comes down to BOC comments either hawkish or dovish later today.
chloethebull
Posted Anonymously
14 years ago
Mar 2, 2010 1:07
im thinkn aussie will hold the line again...no rate hike...that should help usdcad,gold...i hope pippedoff ur were bizi building that usdcad position..lol..gl
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 2, 2010 0:28
USDCAD on fire here!!!!!
Report Reply
1...285286287288289290291292293294295296297298299...312