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)
 
Xaron
Munich, Germany
Posts: 528
14 years ago
Mar 10, 2010 11:57
rrose I don't see that "triple top". Do you refer to a 5m intraday chart? If so, forget about any "triple tops" there, they have no significance.
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 10, 2010 11:04
USDCAD trying to absorb massive liquidations. One of the ugliest charts I have ever witnessed.

rrose
United States
Posted Anonymously
14 years ago
Mar 10, 2010 10:58
i see a triple top in aud/jpy with a five wave count do you think now is a good time to short 8280
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Mar 10, 2010 10:27
Juke, NZDJPY breaking out mainly on NZD strength (see AUDNZD) and partially on JPY weakness but WATCH OUT FROM LANGUAGE RBNZ DECISION

Ashraf
Juke
California, United States
Posts: 21
14 years ago
Mar 10, 2010 5:10
Ashraf - is your NZDJPY target still at 61.80? Kiwi has shot up +100 pips over the last 24 hrs. RBNZ rate annoucement coming 4pm EST today and although consensus is to stay at 2.5% heard many traders take back thier short positions for the upcoming events. Awat your comments.
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 10, 2010 1:23
@chloe-actually, I reshorted gold before going to sleep last night with a limit order to close at 1111. When I awoke I saw Gold at 1115. Thn to my chuckles I saw my orde rhad been filled. So now I am back shorting gold with an average of 1122.

The gift that keeps giving. I faxed Stevens c/o RBA and thanked them for bidding gold back to 1120 plus in order to support their AUD.

The gift that keeps giving, as Ashraf says.

Did you see the absolutely horrible Aussie housing finance numbers? Yet the momo players and yield whores insist on adding more and more.
chloethebull
Posted Anonymously
14 years ago
Mar 9, 2010 23:08
@pippedoff, i too grab some usdcad but only a small position @1.0244 canceled the rest an decided to short crude instead..looking to add some around81.60 or higher...ok gl with ur trades(u still flat on gold or u in @ 1123)?
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 9, 2010 22:15
@chloe-I just picked up some more USDCAD at 1.0257 for a rebound after eight straight days of declines. I may get out sometime Thursday before the CAD Jobs report on Friday.
Eelman
Maine, United States
Posts: 93
14 years ago
Mar 9, 2010 22:09
Looks like that NAB rhetoric has paid off for them...sending AUD to the moon. Glad I shorted the kiwi instead.
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 9, 2010 21:39
WEATHERMAN HOMER analyst from NAB out pounding the table in Sydney today, calling AUD the "cheapest" it's been against USD in years according to their model. Pounding the table for 0.944.