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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
Posted Anonymously
13 years ago
Jan 3, 2011 0:56
Anyone here trade AUD/SGD (Singapore Dollars) ?

Given the SGD is managed float and also sensitive to Chinese RMB makes it interesting to watch. I closed AUD/SGD fd at 1.31 (around same bid price in 2007) last Friday upon maturity. Friday made interesting candle to watch.

Now Struggling to stay above 1.31 and break 1.32 ... Notice similar 2008 peaks also.
Callum
Singapore, Singapore
Posts: 179
13 years ago
Dec 31, 2010 19:15
In Thread: USD
Chloe, there are many books / courses on trading psychology and money management; see 101/ classic Elderhttp://bit.ly/fYebSr

Callum
Singapore
Posted Anonymously
13 years ago
Dec 31, 2010 18:12
In Thread: USD
Given EUR+GBP make up the majority of the USDX, remember late 2009 Ashraf been calling EURUSD 1.32? It may have taken several months for this to play out, but DID happen, despite several squeezes and interventions, and noise from GS, et al.

How is it different this time?
Not much....
Except:
- Risk and EURO zone issue is finding itself prop commodities instead of USD, benefiting commodity based currencies
- QE2, still needs to play out
- Seriously Big news like PIIGS and Dubai not been a play during this Santa rally.
Callum
Singapore, Singapore
Posts: 179
13 years ago
Dec 31, 2010 14:34
In Thread: EUR
And that fume is likely to continue into all of Monday as Asian markets open with public holidays in Australia & Japan, public holidays continuing into EU and US trading sessions.... Perfect day of stop-loss chasing day ... As things start to sober on Tuesday/Wed, all eyes will be on NFP Friday.... We are going to need a crisis like Dubai news last year during illiquid market for shorts to pay off big time.
Callum
Singapore
Posted Anonymously
13 years ago
Dec 31, 2010 4:24
In Thread: EUR
Yakata-san, thanks for the heads-up and sanity checks. I am with you on the zerohedge; although, I enjoy reading their tweets / posts because it provides an alternative view.
Callum
Singapore, Singapore
Posts: 179
13 years ago
Dec 31, 2010 2:22
In Thread: EUR
@Wasup I placed offers above 1.3350 in case we see a run up in this thin liquidity ....
Callum
Singapore, Singapore
Posts: 179
13 years ago
Dec 28, 2010 20:33
Ignore earlier note. Found SPX/VIX ratio chart onlinehttp://chart.ly/gkyqrmr suggesting "double top formation in play" as quoted. Thoughts?

Callum
Singapore, Singapore
Posts: 179
13 years ago
Dec 28, 2010 20:22
In Thread: USD
chloe, I understand those at professional prop desks have access to feeds & proprietary terminals that can provide a competitive advantage relative the average retail trader, and they generally need physical access for meaningful trades. The same goes for the teams that consistently feed & change input to black-box machine who are on vacation too this week....
Callum
Singapore, Singapore
Posts: 179
13 years ago
Dec 28, 2010 20:16
Does anyone have the latest chart plot of SPX/VIX Ratio across daily? Today's ratios of ~61. Looking at one of Ashraf's method.
Callum
Singapore, Singapore
Posts: 179
13 years ago
Dec 28, 2010 13:21
"From ZeroHedge: Shanghai Drops To Two Month Low, As Chinese Stocks Are S&P Performance Mirror Image YTDhttp://bit.ly/e87EJn "

The divergence between #SHCOMP (Shanghai Composite) and #SPX is getting extremely interesting. Asian indices also reacting to this.

Timing being extremely critical, but is it now about time to start building shorts on SPX? Or how far could we see this drift upwards in illiquid markets?