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by Ashraf Laidi
Posted: Nov 27, 2009 16:51
Comments: 404
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This thread was started in response to the Article:

Gold & Yen's Perfect Desert Storm

Yen strength still eclipsing USD rebounds during risk aversion. while gold's ascent is better gauged against currencies other than the US dollar.
 
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PippedOff
Canada
Posted Anonymously
15 years ago
Feb 19, 2010 16:15
@Eelman-so you NOW believe in the PPT?

LOike I said previously, lower interest rates are good for stocks, and higher interest rates are good for stocks
Eelman
Maine , United States
Posted Anonymously
15 years ago
Feb 19, 2010 16:04
PPT in full force today. cad/jpy ripping higher. I expect a sell-off later though...it is options expiration day!
ExpertShark
United States
Posts: 13
15 years ago
Feb 19, 2010 15:33
RKG, My count shows Cable could pull up to this range 1.5470-1.5510. I look a Shorting in that range. Manage your positions Wisely.
Rkg
lon, UK
Posts: 22
15 years ago
Feb 19, 2010 15:15
Anybody shorting cable at these levels?
chloethebull
Posted Anonymously
15 years ago
Feb 19, 2010 14:18
hey pippedoff u shorting gold yet.?or do u think it can hit 1125level?do u like short on crude @ 79-80-80buks...thanks gl today
Pipster
birmingham, UK
Posts: 111
15 years ago
Feb 19, 2010 10:02
Hi,

I noticed Gbp/Jpy to be very volatile. I don't see many analysts giving any technical analysis or fundamentals. Those of you on this forum, do many people trade this pair.
montmorency
UK
Posted Anonymously
15 years ago
Feb 19, 2010 9:52
It seems like after the initial plunge everything went quiet. I expected more action in the Asian session. (Where is the PPT when you need them? :-))) ). Almost as if the market is punch-drunk and confused.

I left an order in for 1109.5 which finally got triggered this morning, ...but it went up to about 1112, so Chloe got in better than me, unless she killed her order.

But as Pipped says, there was probably an overreaction and there will be a rally back. When the world and his wife are buying, it's probably time to sell.
chloethebull
Posted Anonymously
15 years ago
Feb 19, 2010 3:03
im soo indecisive..lol...@ the moment im holding but i did put in a stop @1113..gotta take somthing i guess..but im willing to risk some profits incase we drop through 1100..gl
PippedOff
Canada
Posted Anonymously
15 years ago
Feb 19, 2010 2:43
Too many WEATHERMAN ANALYSTS now pounding the table for lower everything vs USD. Where have they been?
PippedOff
Canada
Posted Anonymously
15 years ago
Feb 19, 2010 2:40
I have booked all my profits.

Thank you PPT and RBA.

I have never thought the FED will raise the Fed Funds Rate this year. And I still don't. Markets are overreacting. I will be shorting on the rally back.
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