Posts by "qin"

The lunch time is coming in 1 or 2 hours.....hope all the pare will pull back a little....

I hope they will give me some chance to catch the last train.....

Hey MOE
I hope I will get EUR/USD at 1.4250 to 1.420 during the UK lunch time, but I am not sure the pare will give me the chance or not.......your country is the biggest buyer at 1.4050.....I would like to follow the big buyer and big seller.....

If George Soros tells you he want to buy, but small player talks about risk aversion....you know who you should to listen.......Your country has more money then Georage Soros.....

I suspect that they are making USD weak in order to support oil price.....

Some information about oil price....
To keep middle east country's economy health, the oil price should above 60 in the year and next year.....if the price drop below 60 and stay firmly blow....it will force OPCE to cut supply or make some noise on the oil market....just like Bank of Canada did in the past 2 months....

I don't trade on oil....but if the oil drop blow 60....I would like to be a buyer this year.....

EUR/USD didn't break 1.40...for the last few days....the biggest buyer was middle east countries----oil nation....
In FX market, it is very important to find out who is the buyer and who is the seller.....oil nation has a lot of cash, just like Japanese and Chinese....they can drive the market upside down. I don't think there will be any hedge fund companies to against them in near term...
I got this information from Japanese traders.....I remember last time I got the news about middle east country buyer was 4 or 5 years ago....they were long USD/JPY at 97 in the summer, the rate went to 115 by the end of that year....

Hey, asad
I am talking the turth.....I don't take anyone's advice to trade...because it is my money.
If you trade on oil or FX, you may have some opinion or questions on this blog.....
But if a guy who never trade on FX....I don't understand why he always has so many opinions and comments everyday....and try to encourage people to take his advice....
Just don't understand it......maybe I won't never understand of it.....
If you don't believe so, ask he to post a trade position on this blog, he will tell you he is not short term trader or just find some reason to avoid of it.....
By the way, I never got drunk in my life.....because I have allergy to alcohol, never drink.....don't be so pissed off, just because of your oil positions are not doing well....

forextrader, what do you want me to post?? I posted my entry point and positions...with some view about the market, did I ever make you to lose money??? I saw your positions a few times, is that doing well or just end with a huge loss??? you know what I mean, right??