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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 11, 2009 23:00
In Thread: Falling Equities Still Key for Dollar
Hey, Rob
I always check many Japanese profession traders' blogs, because I can speak Japanese. They are talking about selling Yen and bullish commodity currencies.

I am considering sell some Yen and buy some commodity currencies. But be ware that if the market collapses again, Yen will be the first place for safety, maybe not USD again. So be careful of it and always use the stop loss on your position.

By the way, the most thing they are talking about is AUD/YEN. They say that the target for this year is 86.

Good luck!!
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 11, 2009 20:06
In Thread: June Seasonals in Equities
Hey, Simon
I really think that market is using any reason to sell USD now.....

If the bond rising, people will say it will be inflation and short USD and long AUD, CAD.......If the bond drop, they say equity is improving.....the result is selling USD and bullish stocks.

The only question should be the timing now......Hope USD will rise a little bit now......I am very disappointed that I closed my positions before the US report came out today.


Best regards
Qin
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 11, 2009 17:09
In Thread: June Seasonals in Equities
Hey, ashraf
I really need some advice.
I closed my long AUD and CAD, short USD positions before the US report came out. Because the report and today's movement would be good for USD. Unfortunately, I was wrong.

So do you see any profit taking evidence in the near term?? I am wondering that if need to short USD and long CAD and AUD again at this very high price.

I am sitting and watching it now, specially watch USD/CAD, hope it can hold above 1.0950 until tomorrow, maybe make the chart flat again. Then maybe it would be the reversal signal again.
Otherwise, USD/CAD will towards 1.05......I don't want to lose the chance.

Best regards
Qin
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 11, 2009 12:52
In Thread: Yield Shoots, Dollar Leaves
Hey, guys
I hope your long USD position will be good......because I am waiting for the chance to short USD again....just like yesterday.

Cheers
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 11, 2009 10:32
In Thread: Yield Shoots, Dollar Leaves
Hey, Ashraf
I just closed all my positions.......looking forward to see the US report now.

What do you think about today's market?? Waiting for the chance to long AUD and CAD again.

By the way.....GBP is so strong......I personally very bearish GBP........


Best regards
Qin
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 11, 2009 8:57
In Thread: Yield Shoots, Dollar Leaves
Hey, Ashraf
I agree with your opinion, FED has to print more and more money to flow its market. And they are losing control now because the inflation.....

I think we may see the high inflation before we see the economy recovering.

Best regards
Qin
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 10, 2009 23:29
In Thread: Falling Equities Still Key for Dollar
Hey, Mo
I just long AUD and CAD by half position. I think the price is very choppy now. I will entry another half when I see the signal clear. I think there is 50% chance that USD will continue its downtrend, and 50% is USD will rally for a while. Let's see how market play out tomorrow.


Everyone, specially like banks avoid to talk about USD collapse now, I think the rule is like this: don't tell and don't ask. No one is buying USD at this point. USD is a bomb, you never know when it will blow off everyone. Even the central banks are considering about it now......
Maybe I am wrong, who knows.

Good luck with your positions !! I suggest you to rise your stop loss at break even.....
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 10, 2009 22:29
In Thread: Falling Equities Still Key for Dollar
Hey, Mo
The story I have heard since February. They said that EUR/USD will go to 1.20 even 1 to 1.....The banks are highly representing the government. Every government want to devalue of their currency now.

I doubt it. Even the stock market go to collapse again, I doubt that people will use the same theory like before----go to USD for the safe currency.

USD is not safe anymore......How the currency would be safe, if they can print by free???

Good luck!!
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 10, 2009 13:15
In Thread: Where will EURUSD close by end of June?
Hey,
Good luck for your shorts....I am waiting for buying dip commodity currency now

Cheers
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 10, 2009 9:29
In Thread: Yield Shoots, Dollar Leaves
Hey, Ashraf

I don't really pay attention on the any report for a few weeks. The thing is like, if USD start declining, it will take 1 to 2 weeks. And then pull back for 2 or 3 days. Then again.....

Analysts always find reason after the market up or down......I don't need to pay any attention on it.
There is no serious risk aversion anymore, but maybe serious inflation.

Cheers
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