Forum
Posts by "dave j"
199 Posts Total by "dave j":
7
Posts by Anonymous "dave j":
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...
Benny, 1.58 too rich for my blood...cutting bait at 5950-6000 area...will reassess after
..this should help 'purchase' a better position to short that eurusd...
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
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..
...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.
'kill punch' a tad dramatic eh...'must've been watching cnbc when typing those words..
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...
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...