Hey, Ashraf I believe you, I just short AUD and long USD for a third of my position. I think it is enough. By the way, what is the target in your mind?
Hello, Ashraf I am waiting for the chance to long AUD and CAD, short USD now. Please keep update, if you see any evidence that this consolidation may over.
Hey, Forextrader Maybe you are right. USD will keep rally in next 3 to 6 month. I am thinking about how much it will continue to rally now. But buy USD and sell commodity currency is high risk.
I am thinking about if USD will keep rally into next 3 to 6 month or not. Maybe I will long USD and short GBP. But the signal for USD start rally from now is not clear yet.
Check the commodity price, if the economy is getting better, commodity will rise first. And it is the USD weakness point.
Hey, Forextrader I believe that USD rally is temporary consolidation. it will stop soon, maybe next week. I don't have strategy anymore now. When this USD rally over, USD/CAD will go target 1.05.
I am not really professional on FOREX. But this kind of rally is more like consolidation or profits taking. In my mind, the big picture did not change yet.
I put my capital in CAD when USD/CAD was 1.29. I think it is a very good decision.
Hey, Ashraf I have close my position two days ago. USD/CAD should have a little more room to rally. But I don't want to get into trade on the pare now, I am not good on chasing price.
But I am looking for the next USD selling off season coming. It should come soon, maybe next week, right?
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ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (11 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (11 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (11 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(11 months ago)
What do you think about AUD/USD and CAD/USD??
I believe you, I just short AUD and long USD for a third of my position. I think it is enough. By the way, what is the target in your mind?
I am waiting for the chance to long AUD and CAD, short USD now. Please keep update, if you see any evidence that this consolidation may over.
Best regards
Qin
Maybe you are right. USD will keep rally in next 3 to 6 month. I am thinking about how much it will continue to rally now. But buy USD and sell commodity currency is high risk.
I am thinking about if USD will keep rally into next 3 to 6 month or not. Maybe I will long USD and short GBP. But the signal for USD start rally from now is not clear yet.
Check the commodity price, if the economy is getting better, commodity will rise first.
And it is the USD weakness point.
Have a good weakend!!!
I believe that USD rally is temporary consolidation. it will stop soon, maybe next week. I don't have strategy anymore now. When this USD rally over, USD/CAD will go target 1.05.
I am not really professional on FOREX. But this kind of rally is more like consolidation or profits taking. In my mind, the big picture did not change yet.
I put my capital in CAD when USD/CAD was 1.29. I think it is a very good decision.
What do you think? Ashraf
I have close my position two days ago. USD/CAD should have a little more room to rally. But I don't want to get into trade on the pare now, I am not good on chasing price.
But I am looking for the next USD selling off season coming. It should come soon, maybe next week, right?
Best regards
Qin
I was long USD and short CAD at the same rate as you, but I booked my profits at 1.10.
Good Luck with your positions!!!
Let look for a chance to short USD/CAD next week!! Cheers!!
By the way, I don't think I will entry again today, waiting for next week.
About USD/CAD, I think maybe it will go 1.3 to 1.4.......Anyway...keep in touch!!!
I just short USD/CAD when the report came out and after 2 minutes I closed again. I made some money and survived.
Did you short or long anything?? I don't have any position with me now.
Good luck!!
I usually watch the USD/CAD, if the rate being flat for 1 or 2 days, usually it signal that reversal is coming soon.
Good luck!!