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Posts by "qin"
482 Posts Total by "qin":
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Posts by Anonymous "qin":
The stock market is up today......hedge fund is looking for news to long USD now...
Yesterday, Yen was rising a lot.....Japanese government had comment on Yen....which curb Yen strength further...
BOE didn't announce QE.....hedge funds are having meeting now.....
Thank you for your advice and appreciate that speak so frankly to me.
It is a shame that I was long CAD last month and still hold it by paying the swap everyday.....I am rethinking about my stupid strategy on that trading....
My account is not so large, it is only about 150k and my positions only leverage 3 times now......I will take a chance to hedge my account first. Because I am going to take vacation next week....
Please give me a entry point to short AUD.....if you don't mind......
Best regards
Qin
As you mentioned, is this the time to long AUD/YEN and AUD/USD??? Or we should wait for a while...??
Best regards
Qin
Your forecast are so good and very reliable.
I didn't cut my positions on short USD/CAD yet.....I short it again two days ago at 1.1630 and covered new shorts at 1.150 this morning.
I just read your comment on EUR/USD from Bloomberg, said that EUR/USD may go below 1.3...
And there is another article about USD/CAD said that pare maybe go back to 1.125......do you think it is reliable?
Best regards
Qin
Last time USD/YEN broke 95, the Japanese spoke about FX market which made USD/YEN back to 96 immediately.....Cross Yen was strongly going up too. It happened a few month ago.
I am waiting and praying that happen again.....
I don't think that USD/YEN will go to break 94.......
I think we will see Japanese banks sell Yen next week, if USD/YEN break 95.....
Many Japanese export companies put their exchange rate USD/YEN at 95.....they will protect the level.
If you believe so.....short EUR/USD and GBP/USD now. If you are right, you will make a lot of money here.
Good luck!
I still believe that USD will collapse this year or next year as Jim Rogers said. He has been talking about it since 1 decade ago. US has huge deficit, and they are expending it. Central banks stopped talking about diversify currency, but no one yet comment that they want buy more US debts, even Japanese.
About today's market, I think maybe traders want to take some profits before the weekend. CAD was oversold this month.....traders were short CAD/JPY, long USD/CAD and AUD/CAD during the month.
Thank you for the support.... I am not add any positions yet.....I am in a very safe situation now.....even CAD/USD to back 1.3......
Hey, Ashit
Thank you for understanding me......I am really trading a very huge account now.....if I cut my loss now....I will loss one BMW.
Good luck for everyone. Cheers!
I have no idea with the FX market and my positions now.......I even can't find a pare to hedge my position.....because CAD is the biggest loser.
Maybe USD will keep rally to the end of this year......EUR/USD, USD/CAD are very bullish on USD now......
I haven't smelled any profits for a month....and my positions wiped out all my profits of this year.....it is really nightmare for me......
Maybe I need a break ........