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Posts by "dave j"

199 Posts Total by "dave j":
192 Posts by member
Dave J
(Canada)
7 Posts by Anonymous "dave j":
Dave J
Canada
Posts: 197
12 years ago
May 14, 2012 13:58
audusd jacek....audcad looking for lower than parity

looking for audusd to bounce also...fear premium really built into it below parity...if China does blow up though lookout below, although reckon China too bent on world domination/ super 'superpower' to stop now...
Dave J
Canada
Posts: 197
12 years ago
May 14, 2012 13:51
In Thread: GBP
Cable has bled off a bit on the EZ situation but seems to be holding relatively well most likely due to' safe haven flows'....technically it seems to be sitting on a 50% retracement level (58-63)

Benny, 1.58 too rich for my blood...cutting bait at 5950-6000 area...will reassess after
Dave J
Canada
Posts: 197
12 years ago
May 13, 2012 6:12
In Thread: EUR
http://www.bloomberg.com/news/2012-05-12/china-cuts-banks-reserve-requirements-to-sustain-growth-1-.html

..this should help 'purchase' a better position to short that eurusd...
Dave J
Canada
Posts: 197
12 years ago
May 12, 2012 20:22
Dave J
Canada
Posts: 197
12 years ago
May 12, 2012 5:31
jacek, looking at 9990 and 9950 as next areas of support....?

AUDCAD looks good for shorts on longer term charts...was it AL who suggested this is like an iron ore on oil play? if China's slowing up...however the world still needs energy....there's other fundamentals at play concerning the country's themselves too. just a thought
Dave J
Canada
Posts: 197
12 years ago
May 11, 2012 20:18
In Thread: EUR
right on DaveO, see your levels...

Thinking longer term, my bias is shifting to '1. teens' if not parity...seeing more and more evidence of the EZ not being able to keep the euro together...at least in its present form...but hey, that could be a few years away...

so for now general bias is down...playing upside elsewhere..
Dave J
Canada
Posts: 197
12 years ago
May 11, 2012 20:14
...the content on cnbc over JP Morgan...makes one think the owners/ producers hit the bid on JPM just before the news came out yesterday...

...caveat emptor!, would be 'investors'...losses are all part of the business we're in...'can't stand the heat then stick to your day job and/or invest your money in that...

Rant over.
Dave J
Canada
Posts: 197
12 years ago
May 11, 2012 20:09
In Thread: EUR
1.25 DaveO

'kill punch' a tad dramatic eh...'must've been watching cnbc when typing those words..
Dave J
Canada
Posts: 197
12 years ago
May 11, 2012 19:13
In Thread: GBP
...Favoring cable to the long side around here...simply, support closer than resistance...

BoE keeping rates at 0.50% helped put a crimp in the ccys rise...seems to be falling to greater risk trends spilling over from across the channel...
Dave J
Canada
Posts: 197
12 years ago
May 11, 2012 19:03
..agree, jacek...

Kiwi & loonie looking favorable to the upside as well, against the usd...

...with AL on CAD longs...the economy is doing relatively well compared to the rest of the global players out there...