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241 Posts Total by "callum":
177 Posts by member
Callum
(Singapore, Singapore)
64 Posts by Anonymous "callum":
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Callum
Singapore, Singapore
Posts: 179
13 years ago
Jan 16, 2011 12:18
In Thread: EUR
GS is now calling EURUSD with initial target of 1.37. This might just be opportunity to play reverse psychology. As always, timing is going to be key but level wise, I may need to consider putting offers above 1.35 for the ultimate 1.27, ie, 700 pip target. Let's see where Asia open take it.
Callum
Singapore, Singapore
Posts: 179
13 years ago
Jan 16, 2011 10:18
In Thread: Gold, Oil & Indices (Equity & Bond Indices)
I don't see much divergence between HK$/HSI and SHCOMP :-)
Callum
Singapore
Posted Anonymously
13 years ago
Jan 16, 2011 9:11
In Thread: EUR
Last Ashraf's IMT "....A EURUSD close above $1.3420 would practically seal the deal for the case in favour of $1.3750."

Let's see how next week looks for EURUSD. I am guessing Fitch downgrade and China hike is no longer relevant. Given lots of Q4 earnings due next week, this maybe just the excuse needed to further prop this back into 1.34 / 1.35 zone till the last of the weak shorts throw in their towel, before the market heads down to close towards Ashraf's target of 1.29/1.27...

Does anyone else have scenarios for this pair?

Also, does anyone look at ATR on Daily for EURUSD? Any resemblances to Sept period in 2010?
Callum
Singapore
Posted Anonymously
13 years ago
Jan 16, 2011 7:34
In Thread: Gold, Oil & Indices (Equity & Bond Indices)
Catnip, which rate / spread are you specifically looking at now, ie, T 2/10yr?

For liquidity China, I am also looking at the SHCOMP:IND and HSI:IND, both looking topsy and unlike SPX, hasn't broken above the November 2010 high. Seems like 61.8% fibo level posing key resistance between 2007/2008 high / low. Could it sustain itself until Chinese New Year??
Callum
Singapore, Singapore
Posts: 179
13 years ago
Jan 14, 2011 18:24
In Thread: What's Next for Aussie?
Another weak response to China hikes? AUDUSD stubborn?
Callum
Singapore, Singapore
Posts: 179
13 years ago
Jan 11, 2011 11:28
In Thread: Commodity FX (CAD AUD NZD NOK)
AUD/SGD managed to get supported for now at 100 Daily MA also coinciding with 23.6% fib 2010 low / 2011 high. I am guessing a breath could target around 1.25 coinciding with 38.2% fib or 200 Daily MA and Weekly 50 MA. Looking like an interesting set-up. I may not look for a short, rather go LONG around 1.25 levels risking further drop to around 1.22 level. Keen to get other's views also.
Callum
Singapore, Singapore
Posts: 179
13 years ago
Jan 10, 2011 17:16
In Thread: CHF
forextrader: Are you able to share your analysis in terms of how it's bullish? Technical / Momentum based indicators looking like a bearish set-up, weekly and daily.
Callum
Singapore, Singapore
Posts: 179
13 years ago
Jan 9, 2011 6:48
In Thread: Euro: New Year, New Challenges
Hi Ashraf,

Firstly, great article and thank you!

Do you think with the NFP not exactly blow out numbers means this only slightly delays this?

Also, it seems odd though that eurozone debt crisis seems downplayed in the media (bloomberg, cnbc). I am guessing they will step in when EURUSD is closer to 1.22 :-)
Callum
Singapore, Singapore
Posts: 179
13 years ago
Jan 8, 2011 11:36
In Thread: USD
catnip, how far do you feel eurusd could stretch to?
Callum
Singapore, Singapore
Posts: 179
13 years ago
Jan 8, 2011 11:04
In Thread: What's Next for Aussie?
Bernanke's IMOPH wasn't too pushy on QE2, at least it didn't appear to be his central theme. Nonetheless SPX and ASX futures had a small shave which may have prevented AUDUSD to prop above parity. I am *hoping* we see _usual_ risk-on Monday Asian session to prop AUDUSD above parity for fresh-shorts barring anything this weekend.
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