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Posts by "qin"
482 Posts Total by "qin":
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Posts by Anonymous "qin":
I have been short USD/NOK for months.....Am I losing any money this year? my leverage on the positions are 20 times......haha......
Why not show us your really ability......you only can make the comments after the market's movement.....
if you are interested my blog...check it: http://tradingroom-jibs.blogspot.com/
Once again, I am not talking some small players, the people who bought EUR/USD are big players........
Last time I posted that the middle east countries bought EUR/USD at 1.420.....then the pare went straight up to 1.480.............
Now there is some knockout positions at 1.510......and traders are preparing for the battle now......Japanese traders are very honest, usually they won't speak something which they are not sure or they don't know..... If the pare take over 1.510 then I think it will go straight way to 1.550.....
my forecast on EUR/USD is 1.55 by the end of this year......I don't think I will wrong on it......if USD rally from here, I will add more short position on USD.....
What do you know more about option FX market??? why not just speak out again now?? still stick your prediction on EUR/USD back to 1.4550 and the go up to 1.550 by the end of this year? A few months ago, you said that EUR/USD would back to 1.380 then go to 1.55 by the end of this year...the people who are listening to you are never having chance to short USD...haha....what is your new edition now??
I am talking about internal info from the banks, they are the big player, could be central banks or big hedge funds..........I am not talking someone like you and me.........these kind of news not allow to be released by the banks, however my friends in Japan always can make some calls to someone who are working in the currency exchange banks.......
if you are George Soros, maybe you can drive the market a little bit......otherwise......we don't see any reason to touch Yen........short USD should be the best play by the end of this year.......
Yen should have some rally in Fed and March next year.....because many Japanese companies will repatriate their oversea money.....
I think there is some chance that we may face a little bit correction by the last week of this month.......because the hedge funds and most of the investment banks will close some of their positions before DEC and prepare for their earning reports........but the major trend on USD is downside.......EUR/USD 1.55 in DEC is highly possible.......