Posts by "qin"

I said 50% chance in the beginning of September.....because after labor day, there will be more and more traders back to wall street........some of them will sell their positions.....so maybe the market will have some profits taking season at the beginning of September.........traders usually re-balance their portfolio .......I don't expect that any heavy correction, the correction should be smaller then the one in this summer.....I will catch the chance to short USD if it happens and USD rally back a little......

By the way......from FEB to March .....JPY usually will have a strong rally for 1 or 2 weeks, because Japanese companies will do the order their oversea money back to Japan......I have been trading for 7 years, it is just my experience........so I only put it 50% chance.........


raulin, if you are lucky guy, you should toss your coins.........I never making money by lucky......

Hey, Mo
Don't be so frustrated. I am bearish GBP too....but the market is focus on USD weakness now...last year many traders made a lot money on short GBP as you know....will they do it again....I am sure they will.....but now they want to short USD......NOK is the best !!!

I hope UK will join EURO before GBP collapse, it will be very painful for the UK nation.

Good luck!

hey, asad
Just read your new comment...

you don't need to believe me or anyone else.....you should believe yourself....

If you think oil will back to 50 or 55....go to short it......hope you make money on it......

Hey, Moe
I am 50% sure that there will be another correction in the market in beginning of September. But it is 2 weeks ahead.....will USD make its new low in 2 weeks?? maybe 50% chance....

I am not going to jump into the train now....I want to watch how the Asian market play out next Monday. Looking people have the short positions on USD and all of them are picking money now....it is a very tough day for me....

Asad, just look how much the natural gas now and compare to the oil.....US has more and more natural gas, but no oil in USA now.........if middle east want 300 a barrel, what US can do?? war against them?? all the oil rich country don't have good relationship with USA now.....I guess Putin has party every night.........

Hey ashraf
I guess more and more people in this blog are losing money.......you should change your strategy.....encourage people to short USD when it rally, instead of talking about risk aversion too much...Anyway....no one always get right.

Market is seeking all kind of positive news to short USD........risk aversion has been loosing its impact on FX market....
I believe that EUR/USD will go to 1.5 by the end of year, your prediction is 1.55.....both of us agree the long term bearish USD.....