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Posts by "callum"

241 Posts Total by "callum":
177 Posts by member
Callum
(Singapore, Singapore)
64 Posts by Anonymous "callum":
Callum
Singapore, Singapore
Posts: 179
14 years ago
Mar 11, 2010 18:23
In Thread: JPY
@AVG, I am also considering JPY based option to take advantage of the possibility of Chinese lending rate. Do you happen to know what time is the China lending rate announcement??

It will come down to timing and the short levels. I am a little concerned about the 123.80 level.

Currently, I am watching the EURUSD carefully, and as unlikely as it seems, suppose it manages break above and head into 137 (now just above 13670), EURJPY should move up and possibly make a run into 124. Also, the pre-Aust open has a tendency to push things higher, and if that happens today, it could again push this higher.
Callum
Singapore, Singapore
Posts: 179
14 years ago
Mar 10, 2010 21:49
@pipped, feel somewhat relieved to get out of Gold now.

As for today's Asian session, I am just wondering whether the Aussies are going to try and push their index to 5000 -- just as US flirts with S&P500 just below 1150... and maybe have another go at prop it to 92. (maybe at the expense of NZD weakness post flat interest rates)

Anyone shorting S&P500 at this level? I shorted yesterday and holding in red :-)
Callum
Singapore, Singapore
Posts: 179
14 years ago
Mar 10, 2010 16:16
In Thread: GBP
@Pabloc75 - I shorted gbpjpy 135.15 only to see this shoot up looking like it wants test 136. I am looking at re-enty short on GBPUSD above 1.50 but let's see how things pan out, as I am a little perplexed right now.
Callum
Singapore, Singapore
Posts: 179
14 years ago
Mar 10, 2010 15:46
Desi - interesting that the lower than expected number hasn't yet sparked any massive sell-off
Callum
Singapore, Singapore
Posts: 179
14 years ago
Mar 10, 2010 12:48
In Thread: EUR
Is anyone in this group trading eurusd, eurjpy?

EURUSD is like groundhog day as it keeps popping up to 136, and neither breaking above 137 towards 138 high, nor the down move to 132. EURJPY move above 123 also looks like interesting short ???

Callum
Singapore, Singapore
Posts: 179
14 years ago
Mar 9, 2010 23:41
Interesting article on Digghttp://digg.com/d31L7IK
Gold:Best Supporting Role In Economic Downturns? Think Again
Callum
Singapore, Singapore
Posts: 179
14 years ago
Mar 7, 2010 23:57
Could AUD getting a further prop from M&A talks of "Arrow gets bid from Shell, PetroChina"http://uk.reuters.com/article/idUKTRE6262BO20100307
Callum
Singapore, Singapore
Posts: 179
14 years ago
Mar 5, 2010 5:08
@Farzan, Good question on USDCAD. I am also long USDCAD. I am looking at s/l just below the Jan 2010 low in the low 1.02. I don't mind holding till parity but I'd question the validity of direction if it breaches 1.02

I am looking for events/catalysts that would drive the pair to the parity, or towards the Nov 07 low. Breakout in Oil above 85? I suppose this could happen, the question is the timeframe.

If this today's NFP is expected to USDX bullish, I hope to see USDCAD higher - thus buying on dips.
Callum
Singapore, Singapore
Posts: 179
14 years ago
Mar 4, 2010 12:34
In Thread: JPY
@AVG - I plan to add EURJPY shorts above 121 level -- but I am going to do that cautiously and patiently. Let's see what happens with ECB rate /comments, and see how the today early US trading session goes or tomorrow SGT afternoon before the NFP data. I do __hope__ it goes into 122/123 level.
Callum
Singapore, Singapore
Posts: 179
14 years ago
Mar 3, 2010 19:46
@PippedOff - As for the JPY, I read another analyst suggesting that the rumor on China's revaluation of their RMB will have a strengthening of the JPY. As a light humor, do you think our GS friends have anything to do with secretly buying JPY before the any revaluation story hits the wire?