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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
Jun 15, 2009 19:58
Hey, Mo
How do you think the rally on USD?? do you think it will keep rally to what level??

Maybe I should to hedge...

Best regards
Qin
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 15, 2009 19:50
Hey, Mo
I don't use stop loss on my trading. If USD reaches the level I mentioned, I will lose 20% from my account. And thats why I am still waiting.

Good luck for your positions.

Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 15, 2009 17:52
Hey, Ashraf
I will be fine to hold my position even AUD/USD goes down to 0.7850 and USD/CAD goes down to 1.16.
Because I just got half of my positions. And maybe I will add more next week.

Right now, I think I will be fine without hedge anything.

Thanks a lot for answering me the question....Market is testing my nerve now....

Best regards
Qin

Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 15, 2009 17:21
Hey, Ashraf
If I want to hedge now, which pair do you think will be the best for me to hedge?

Best regards
Qin
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 15, 2009 16:58
Hey Ashraf
I long AUD and CAD, short USD last Friday. But it is hurting me now. I just want to ask how much do you think USD will rally to?

I suppose to keep my positions and maybe add more short on USD next 2 weeks. Do you think it is good strategy or I should do some hedge to minimize my loss? ( maybe short EUR/USD??)

Best regards
Qin
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 14, 2009 13:32
Hey, Ashraf
Thank you for replying to me again.

I sold all my stock last month. And decided not buy any stock this year. Because I have the same idea as yours.

I am thinking that most of the traders have the same confusion now. And that why they are investing in the commodities now.

I just long some AUD and CAD, short USD last Friday. Maybe I acted too early, and USD will keep rally for a while. But I know that Japanese traders are willing to sell more Yen at this moment, and it will support AUD and CAD in some way. I suppose to add more short USD positions next 2 to 3 weeks, if USD keep rally.

Once again, thank you for sharing your ideas and reply to my questions.

Best regards
Qin
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 14, 2009 11:34
Hey, Ashraf
Do you mean that even the stock market goes down, USD will keep downtrend?

Best regards
Qin
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 13, 2009 23:10
Hey, spec
I am a big fan of Jim Rogers too.
I believe every words he said recently. He sold all his USD recently. And I short USD long commodity currencies.

Cheers!! Good luck!!
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 13, 2009 22:09
Hey, Ashraf
I fully agree with your idea on USD. The central banks are diversifying their reserve currencies, buying IMF bonds is the example. None of the central bank are talking about it, but I guess everyone is rushing to do it. It will benefit to Euro a lot.

There is one FX strategist said that every time when Euro goes down, I always can get some order from somewhere, and support it. I forgot his name, but I really believe so.

By the way, G8 meeting is finished.....what do you think about next week's market??

Best regards
Qin
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 12, 2009 12:09
Hey, Ashraf
I fully understand that you are busy with your business.

And thank you for answering me the question.

Best regards
Qin