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Posts by "rob"

366 Posts Total by "rob":
333 Posts by member
Rob
(New York, United States)
33 Posts by Anonymous "rob":
Rob
New York, United States
Posts: 305
15 years ago
Jun 25, 2009 22:53
Hi Ashraf,

Sorry if I missed it in other posts, I'm not sure if you mentioned it though.

What support level needs to be breached to cancel out the daily upward trend in USD/CAD? I know you mentioned 1.1510 as support - but I didn't think that was related to the upward channel. Thanks.
Rob
New York, United States
Posts: 305
15 years ago
Jun 25, 2009 19:11
Am I the only who thinks that FX traders are much more bearish than equity traders today? With this rally in equities, I'd expect to see much more weakness in the Yen and Dollar.
Rob
New York, United States
Posts: 305
15 years ago
Jun 25, 2009 16:40
Speculator -

Cheapest on Amazon and then you can give it rave reviews!
Rob
New York, United States
Posts: 305
15 years ago
Jun 23, 2009 22:17
Hey Ashraf,

Only "when others are fearful" right? No, I here you loud and clear, thanks for reinforcing the need to keep exiting and opening positions when targets are hit.
My feeling is that the Fed will not announce purchases tomorrow and will simply talk about how rates aren't going to increase any time soon. Not sure the rest of the world (mainly China) wants to see the dollar get crushed in one fell swoop again - and I feel as if the US is realizing that, and therefore will be a bit more cautious moving forward. Though it may not be necessary at this time anyway.
Do you feel the sentiment going around markets is whether or not purchases are announced, mainly? If they don't announce, I still feel the dollar could fall a bit, possibly on an equity rally as traders will appreciate that rates will remain low for a while. Perhaps a knee jerk reaction is in store, similar to after non-farm payrolls - but this time it would be the opposite direction. Thanks for you input and advice.
Rob
New York, United States
Posts: 305
15 years ago
Jun 23, 2009 17:37
Hi Ashraf,

Do you have any data on what the Yen-crosses did right after the March FOMC meeting when the Fed first announced Q.E.? I'm still holding my CAD/JPY short (thanks), and was wondering if the Yen would track the dollar. Will it simply depend on what stocks do after the meeting? As opposed to the Dollar, which will be dependent on Fed policy? Also, targets for CAD/JPY would be appreciated. Thanks for your help.
Rob
New York, United States
Posts: 305
15 years ago
Jun 22, 2009 19:12
Hey Ashraf,

Can you give your preferred shorts between the pairs you suggested in the IMT, going into the Asian session? I suppose it's best to wait for the Canadian Fin. Min. to speak before opening any positions against CAD. Thanks for your help, I am most grateful.
Rob
New York, United States
Posts: 305
15 years ago
Jun 18, 2009 17:46
In Thread: GBPCHF is Done
Hi Ashraf,

I just checked your Twitter - so the SNB came in after you posted the chart and decided to sell Francs again (because they saw your chart? :) - seriously though, because of the strength it received after their comments? Did I get that right? Looks like GBP/CHF has a lot of upward momentum, and obviously broke through some of those resistance levels. Please clarify, thanks.
Rob
New York, United States
Posts: 305
15 years ago
Jun 16, 2009 3:13
Spot on with the 85.20 support!
Rob
New York, United States
Posts: 305
15 years ago
Jun 16, 2009 2:26
Hey Ashraf,

You nailed it once again with EUR/JPY at 133.30 -not to mention the CAD/JPY chart - thanks as always, I have losses I need to recoup.

What do they say? - traders only last about 2 yrs. max - I'm on 6 months+ Thanks to you!!!
Rob
New York, United States
Posts: 305
15 years ago
Jun 15, 2009 22:10
Thanks Bill,
I'll go with FXCM, can't trade with CMC with a US address.