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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 9, 2009 18:41
In Thread: Where will EURUSD close by end of June?
Hey Qin
I think the risk to reward ratio is much in favourer of rally in the USD against most of the major currencies.
AUD, CAD, NZD are grate currencies but they are expensive at these level.
Good luck to you
mo
liverpool, UK
Posts: 123
15 years ago
Jun 9, 2009 17:30
In Thread: Where will EURUSD close by end of June?
Hello Qin
I am doing Fine; Yes I am still holding my long position Usd/Cad it is still in the Green.
I still think that the USD is over sold at this level and it is due for a big correction, hopefully we see this in the next couple of weeks.
mo
liverpool, UK
Posts: 123
15 years ago
Jun 9, 2009 17:10
In Thread: June Seasonals in Equities
Hello Asharf

Thank you for the interesting Chart, GBP is trading at 1.6280 and CAD at 1.1030 now. Where do you see The Cable and the CAD at the End of this month?

mo
liverpool, UK
Posts: 123
15 years ago
Jun 8, 2009 13:53
In Thread: Where will EURUSD close by end of June?
VOTE:$1.30-1.35

The Dollar recent sell off was Overextended, I forecast a rebound in the US dollars over the next three months which will take the EURO to the lower thirties.
Euro at 1.33 by the end of the month.
mo
liverpool, UK
Posts: 123
15 years ago
Jun 5, 2009 15:14
In Thread: US EU Bond Yield Spreads
Hello Qin
I am glad it worked out well for you today :-)
About me I am swing/ position trader , At the moment I have 5 standard lots long USD/CAD position which I opened 2 days ago at the 1.0810 level my profit target is around 1.13 -1.15.
have nice weekend:-)
mo
liverpool, UK
Posts: 123
15 years ago
Jun 5, 2009 14:33
In Thread: US EU Bond Yield Spreads
Hello cougr
I meant to say long USD/CAD and hedge this position by buying AUD/USD

mo
liverpool, UK
Posts: 123
15 years ago
Jun 5, 2009 14:00
In Thread: US EU Bond Yield Spreads

Qin, I agree with you, out of all the currency I am watching I think the USD/CAD is SCREAMING for reversible, Specially after the BOC yesterday comment and todays poor unemployment numbers. So I guess if you want to enter long you could buy AUD/USD and short CAD/USD. good luck
mo
liverpool, UK
Posts: 123
15 years ago
Jun 5, 2009 13:19
In Thread: US EU Bond Yield Spreads
Qin I am in The Same dilam.
Long term I believe that commodity currency well rally against the usd. but I still think there will be a big correction before that. So I am staying side and waiting for the AUD and CAD to get to 72-3 and 1.19-1.17 to go long, for the time being I think it is very risky to enter long.
mo
liverpool, UK
Posts: 123
15 years ago
Jun 1, 2009 19:19
In Thread: Yield Shoots, Dollar Leaves
Well done Ashraf , your forecast for the Usd/Cad 1.08 was correct.
I am planning to keep my Long Aud/USD, and short CAD /USD as hedge. Any thought?
mo
liverpool, UK
Posts: 123
15 years ago
May 29, 2009 16:00
In Thread: Speculators' Futures FX Positions
Sorry
on the 6th of October /2008 the S&P 500 was standing at 1056
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