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Posts by "qin"

482 Posts Total by "qin":
475 Posts by member
Qin
(Jonkoping, Sweden)
7 Posts by Anonymous "qin":
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 25, 2009 14:29
canetoad,
I just read your comment.......AUD and NZD are usually go rally and down with gold price.....
In the historical chart, you may find that NZD is much tighter move with gold then AUD.......

CAD will go to oil price......NOK is less affected then CAD by oil price.....
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 25, 2009 13:15
about oil and natural gas ratio......I don't really pay attention on the ratio.....

Oil is more international commodities then natural gas.....people can use ship to delivery oil to everywhere, in another world, if US don't buy oil, China and India will take it, if they think the price is fare to them.....

most natural gas is delivered by pipeline, so China can't buy the natural gas from Mexico or Norway without pipeline.......I think this is the main reason why natural gas is so cheap now.....
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 25, 2009 13:08
FXHandler, I hope there will be some correction in Sep or Oct.....many traders will back to their offices after labor day....so if they re-balance their portfolio, the correction will happen.....I would like to use it to short USD.....

I just move my stop into my break even.....waiting for the reports now.....


lykke til!!!!
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 25, 2009 12:52
FXHandler,
I am not 100% sure there is some correction in September or OCT.....I am a really bad timer.....I don't watch the chart every mins.....maybe I just watch the chart when I want to short or long......

But I am 100% sure your NOK will be the one of best currencies in 5 years.......

Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 25, 2009 12:42
FXHandler
yes, maybe I am the only one here long NOK.....I think if the stock market has correction in September, NOK will go down...but I don't expect it will go down a lot, maybe USD/NOK back to 6.25 --6.50........the norgres bank will rise interest rate in the first quarter of next year.....

I can't give you any advice about CHF, I don't trade on it usually....

About Yen......I am avoiding to trade on it this year......I expect it will have a rally in September, if stock has correction......and I think JPY will have a rally in FEB or March next year, because the Japanese companies will order more JPY come back home during that period.....
By the way, if there is any crisis happen in FX market.....Yen will be the first safe haven currency....even USD collapses........I would like to long or short Yen by daily trading....make some quick money.......
In long term....I am very bearish on Yen......when the economy is stabilized, I will short Yen...guess next year from April....

Good luck!!!
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 25, 2009 10:55
i think everyone is waiting for the US reports now......if the report is positive for the market, I will short Yen and long EUR and GBP as daily trade....

Japanese are talking about short Yen now...if the reports are good enough......
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 25, 2009 10:34
houram
your country's economy is getting better then others in G7........I was long CAD since march of this year........i think one CAD will exchange 1.5 USD in 5 years.......good for you.......
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 25, 2009 10:08
natural gas...........I will hold it into next year......I only play with 5% from my capital.......

Many traders are buying gold and make it 10% in their portfolio to against USD decline and inflation next year.......I may made 10% natural gas into my portfolio, even I don't have any USD now....
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 25, 2009 10:02
Hey, guys
I just short USD/NOK at 6.04 which is a very small size position.....I will add more position if the pare continue to rally before the US market open......
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 25, 2009 0:16
by the way, would you like to give any kind of goods, even toilet paper, which you can buy at the same price as in 1994??