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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
Sep 16, 2009 23:06
asad, most of times, you are wrong......when you speak out........
you don't need to mention about what you posted on this blog.......everyone knows that what is your opinion on oil............if you forget, you should go back to check your comments for last 3 months.....
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Sep 16, 2009 22:42
FX, how are you doing, recently?? I was so busy this week.....so I didn't watch the market so often....but my positions on short USD/NOK are doing very well.......waiting for pull back and short more on the pare....

Good luck!
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Sep 16, 2009 22:37
Moe,
The Japanese traders sent me warning !! High warning that USD/YEN may break 90 and possible to go to 60......

The FX market is changing now........Yen is not high yielding currency as everyone knows, but Yen is getting strong when the stock goes up recently........the end of the story will be even the stock goes down, USD still keep moving down......

I still don't want to touch Yen now......I can't predict it.......I don't want to speak out when I am not really sure the thing........I will wait until next year.........because shorting USD is much profitable than shorting Yen for me now.....

Good luck!!!
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Sep 16, 2009 22:29
chloethebull, I feel so sorry for you......did you take my advice to hedge your positions? hope you did before today's US market........

I wasn't really watching the market today, I went to Stockholm and just got back.....really tired......
My positions on short USD/NOK are still doing very well.....I think it will pull back a little bit in coming days or weeks, but I will add my short position on it little by little.......because I don't think the pare will back above 6.25........my positions are at 5.980.......

Good luck everyone!!!
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Sep 16, 2009 22:19
Asad.....I just read your comments on me again........you are just trading some oil, I assume that you don't have any knowledge on FX, base on your comments.......even Ashraf revised his hedging strategy..........

Did you enjoy your short oil position today??
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Sep 16, 2009 4:56
Ashraf
"hedging USDCAD longs, you could consider i) shorting NZDUSD (ii) long EURCAD."

Are you sure?? AUD, NZD and CAD is commodities currency, they are moving in the same direction in long term.......EUR/CAD just touched its tech top two days ago...........it is not hedging strategy, but bullish USD strategy......ahah....
Are you trying to rip off people??
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Sep 15, 2009 21:31
chloethebull,
I think Ashraf should answer you the hedge question....because he recommended you to long USD/CAD.....and I am not good on hedge positions.....that's why I only trade on one side......

but, if I get your situation, I will cut half of the positions and short USD/NOK or short EUR/CAD.....I am not sure if it will be a good hedge strategy or not......

Anyway....good luck
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Sep 15, 2009 20:18
chloethebull,
I just want to suggest you again.....if USD/CAD break 1.067 and stay firmly below the level, try to find some pare to hedge your positions.......

It is just suggestion, you don't really need to take it if you don't believe.....

Good luck!
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Sep 15, 2009 20:13
chloethebull, hope you will be fine.....the market is a little over short USD....but I am not sure that if the market will pull back tomorrow or not......if it does I will add more short on USD...

by the way.....you are a very new guy in this blog....... I never long USD since march this year.....95% of my trades are short USD.......

Good luck!
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Sep 15, 2009 19:04
Hello, guys
Japanese traders are sending warning to me...........it is possible that USD/YEN will break 90 and go to 60 as they said......

I am holding my short positions USD/NOK..........I am considering to join Jim Rogers by shorting USD/YEN now........