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Posts by "pippedoff"

1087 Posts by Anonymous "pippedoff":
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 10, 2010 12:21
@chloe-massive liquidation underway in USDCAD. Ugly chart.
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 10, 2010 11:04
USDCAD trying to absorb massive liquidations. One of the ugliest charts I have ever witnessed.

PippedOff
Posted Anonymously
14 years ago
Mar 10, 2010 7:31
Xaron-you still long gold, euro and GBPUSD?
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 10, 2010 4:41
@rrrose-your selling gold to the RBA-they are hitting the bid on gold to support AUD.

Gold with a $17 straight up since hitting 1109 in early New York trade.

If the nChinese aren't buying as even the deem gold too expensive at 1122, then who is?
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 10, 2010 2:45
RBA getting restless. AUDNZD is declining. What's going on? How can anything rise agianst the Almighty Aussie?
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 10, 2010 1:23
@chloe-actually, I reshorted gold before going to sleep last night with a limit order to close at 1111. When I awoke I saw Gold at 1115. Thn to my chuckles I saw my orde rhad been filled. So now I am back shorting gold with an average of 1122.

The gift that keeps giving. I faxed Stevens c/o RBA and thanked them for bidding gold back to 1120 plus in order to support their AUD.

The gift that keeps giving, as Ashraf says.

Did you see the absolutely horrible Aussie housing finance numbers? Yet the momo players and yield whores insist on adding more and more.
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 9, 2010 22:39
everyone except the RBA. At 0.9140 already. Thank you Stevens!
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 9, 2010 22:15
@chloe-I just picked up some more USDCAD at 1.0257 for a rebound after eight straight days of declines. I may get out sometime Thursday before the CAD Jobs report on Friday.
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 9, 2010 21:59
The RBA once again drained their reserves heading into the close of the day in a desperate push to get AUD to close at the high print of the day against any and all challengers, er, currencies. Not a bad effort on gold eith by the RBA, goosing it 3-1/2 dollars the final 1/2 hour when no one else was present in the market.

At least the PPT operates in markets when other contra-players are present. Not the RBA though.
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 9, 2010 21:44
@eelman-yeah, I referenced it on the other thread here.

"Cheapest" it's been in years? ROTFLMFAO. The RBA-paid HOMER analysts have no shame.

How can it be the cheapest, when Aussie has already appreciated 50% in 1-1/2 years. It wasn't "cheaper" vs USD back then?

BTW, see what I mean about Gold and the last half hour? Third straight day the RBA bought gold into the close to goose it. Just hit 1122. As I said, the RBA is buying the Gold even the Chine say is too expensive and know they can buy later at a cheaper cost.