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Qin

(Jonkoping, Sweden)

7 Posts by Anonymous "qin":

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Qin

Jonkoping, Sweden

Posts: 492

15 years ago

Jun 16, 2009 17:14

In Thread: Falling Equities Still Key for Dollar

Hey, Mo
I long GBP/YEN this morning and booked some profit from the pair. right now, I am not doing any trading. The BRIC meeting is finished, they said that they want to add their currencies into basket currency as you know. Maybe that is the reason USD is stopping its rally at this moment.

I don't know that when the USD rally will end, traders use stock market to buy and sell USD.......I don't know when it is going to over.
I am just waiting for some chance now. The currency market is not really moving now.......

How are u doing?? did you do any trade today?

Qin

Jonkoping, Sweden

Posts: 492

15 years ago

Jun 16, 2009 16:13

In Thread: Falling Equities Still Key for Dollar

Hey, Ashraf
How are u doing today.......Good luck for your trading!!
And thank you for always sharing your idea with us.

Best regards
Qin

Qin

Jonkoping, Sweden

Posts: 492

15 years ago

Jun 16, 2009 16:11

In Thread: Falling Equities Still Key for Dollar

Hey, Mo
I used the rally on CAD and cut my positions a little bit, because it hit my one of my USD/CAD short postion on break even.

My positions are light now. I am safer then yesterday.

Thank you for your advice and support yesterday.

Best regards
Qin

Qin

Jonkoping, Sweden

Posts: 492

15 years ago

Jun 16, 2009 11:11

In Thread: Falling Equities Still Key for Dollar

Hey, Ashraf
It seems like today's report is supporting EUR/USD now. I don't know about US market. But do you still think that EUR/USD will go break 1.37??

Best regards
Qin

Qin

Jonkoping, Sweden

Posts: 492

15 years ago

Jun 15, 2009 21:12

In Thread: Speculators' Futures FX Positions

Hey, Mo
Thank you for your support, really appreciate it.
I will not add more positions now at this monument, even this week. It will be suicidal acting.

Good luck for your positions indeed....even we have the opposite positions.

Best regards
Qin

Qin

Jonkoping, Sweden

Posts: 492

15 years ago

Jun 15, 2009 20:58

In Thread: Speculators' Futures FX Positions

Hey,

My personal view is that the economy in Canada is getting better.....and the bank system is better that USA and UK. Everyone knows that all the central banks want to debase their currencies.......

Last week, the news is about FED will rise its interest rate later by this year, and it made USD rally. Now everyone knows that it is fake news. I don't know about this time......hope it will not happen.

Ashraf, what do you think about it if BOC will join QE??

Best regards
Qin

Qin

Jonkoping, Sweden

Posts: 492

15 years ago

Jun 15, 2009 20:47

In Thread: Speculators' Futures FX Positions

Hey, Froextrader
I think that if USD/CAD go to break 1.18, BOC has to print same amount of money as FED did.

I will check the news 24hrs now. Hope they are just talking, not doing QE......

Best regards
Qin

Qin

Jonkoping, Sweden

Posts: 492

15 years ago

Jun 15, 2009 20:37

In Thread: Speculators' Futures FX Positions

Hey, Mo
Thanks for your advice. I also think that USD/CAD will go to above 1.14.....it has break the key level 1.13...
I will look for the chance to hedge it, but to be honest, I am little bit worry about YEN, I can read Japanese language, the Japanese traders are talking about using this chance to sell more Yen. It will confuse me a lot.

Market is really testing my nerve now.

I hope that I will survive this time.

Best regards
Qin

Qin

Jonkoping, Sweden

Posts: 492

15 years ago

Jun 15, 2009 20:05

In Thread: Speculators' Futures FX Positions

Hey, Ashraf
Do you think that Canada will use QE to weak CAD??
How do you think about the news?
Best regards

Qin

Jonkoping, Sweden

Posts: 492

15 years ago

Jun 15, 2009 20:01