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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 8, 2009 10:51
Hey, Ashraf
What do you think about AUD/USD and CAD/USD??
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 8, 2009 2:03
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?
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 7, 2009 17:24
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.

Best regards
Qin
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 5, 2009 21:07
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.

Have a good weakend!!!
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 5, 2009 20:28
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.

What do you think? Ashraf
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 5, 2009 16:59
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?

Best regards
Qin
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 5, 2009 16:20
Hey, Mo
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!!
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 5, 2009 14:56
Hey, Mo
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!!!
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 5, 2009 14:52
Hey, Mo
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!!
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 5, 2009 13:27
Hey, Mo
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!!