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130 Posts Total by "mo":
124 Posts by member
mo
(liverpool, United Kingdom)
6 Posts by Anonymous "mo":
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mo
liverpool, UK
Posts: 123
15 years ago
Jun 16, 2009 17:08
In Thread: Falling Equities Still Key for Dollar
Hello Qin.
Well done for reducing your position size,, now you can sleep much better.
What you doing now, Are actively trading ? or you just waiting for the US dollar strength cycle to end?
mo
liverpool, UK
Posts: 123
15 years ago
Jun 15, 2009 20:46
In Thread: Speculators' Futures FX Positions
hey Qin
Dont worry you will survive, lol
but dont add into your short position as you wrote before ,Trust me it is not a good idea
Best wishes
mo
liverpool, UK
Posts: 123
15 years ago
Jun 15, 2009 20:14
In Thread: Speculators' Futures FX Positions
hello Qin
The BOC is about to joins the ranks of the US Federal Reserve in announcing aggressive monetary expansionary measures. Any such announcement could quite easily derail the recent Canadian Dollar uptrend.
About me as I told you before I was long USD/CAD at 1.08 and my profit target is around 1.15-1.16. The second key level in the USD/CAD is 1.1420

IF i can give any advice is to hedge your position by selling CAD/Yan , have look at Ahraf chart of the day

Good luck
mo
liverpool, UK
Posts: 123
15 years ago
Jun 15, 2009 19:57
In Thread: Speculators' Futures FX Positions
Qin
Bank of Canada is about the implement Quantities easing . You can Hedge your position by selling CAD/Yan .
I will catch up with you later
mo
liverpool, UK
Posts: 123
15 years ago
Jun 15, 2009 19:17
In Thread: Speculators' Futures FX Positions
Hey Qin
In your last post you wrote
hold my position even AUD/USD goes down to 0.7850 and USD/CAD goes down to 1.16
Does this mean that if these level is reached in the Aud and CAD you have margin calls on your account? You dont use stop loss when you trade?
mo
liverpool, UK
Posts: 123
15 years ago
Jun 15, 2009 14:55
In Thread: Speculators' Futures FX Positions
Hello Ashraf
I remember in November last year- Euro/GBP was trading at 0.85 - you forecast that they will hit parity, you almost got it right.
What a bout now where do you see Euro /GBP ?
mo
liverpool, UK
Posts: 123
15 years ago
Jun 10, 2009 22:54
In Thread: Falling Equities Still Key for Dollar
Good evening Qin

May be you are correct,, But I am still Long USD/CAD at 1.08 my stop is 30 point below that and my target is around 1.15-1.16.
So I either lose 2000$ or gain 45,000$.

How is your trading today? Do you have any open position?
mo
liverpool, UK
Posts: 123
15 years ago
Jun 10, 2009 22:15
In Thread: Falling Equities Still Key for Dollar
Hey speculator

Deutsche Bank AG, the worlds largest currency trader, predicts the Euro/USD will depreciate to 1.27 in the next three months. what do you think?

https://www.db-markets.com/portal/appmanager/dbmarkets/mydbm?_nfpb=true&_pageLabel=mydbm06_page_15
mo
liverpool, UK
Posts: 123
15 years ago
Jun 10, 2009 0:51
In Thread: Speculators' Futures FX Positions
helllo speculator

Will you buy GBP at 1.63? I personally think the amount of profit you could Gain doesnt justify the risk.
mo
liverpool, UK
Posts: 123
15 years ago
Jun 9, 2009 21:27
In Thread: Speculators' Futures FX Positions
Hey Ashraf
Where do you see the GBP/USD and USD/CAD at the end of June?
kind regard
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