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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
13 years ago
Mar 8, 2011 23:54
In Thread: CHF
ehhh - better USD/CHF target may be 55 or 200 DMA at 94.50 or just under 96.00. But I'm no technician
Rob
New York, United States
Posts: 305
13 years ago
Mar 8, 2011 17:30
In Thread: CHF
USD/CHF finally turning around - 95.00 seems a good initial target
Rob
New York, United States
Posts: 305
13 years ago
Mar 1, 2011 3:29
In Thread: USD
To all from the US - did everyone know that they can now (as of a few months ago or so) open a bank account with the Bank of China in Yuan? I made a bad assumption that because they have rates at higher than 6%, they'd offer a great rate on checking/savings accounts, but that's not the case - I'm not sure exactly but it may not even be over 1%. So unless the Yuan strengthens significantly, it's not worth much.

Here's the WSJ article:http://online.wsj.com/article/SB10001424052748704307404576080222812076888.html
Rob
New York, United States
Posts: 305
13 years ago
Feb 28, 2011 0:27
In Thread: USD
To clarify, Ashraf did NOT say that the SNB would step in - I was just looking at the past...
Rob
New York, United States
Posts: 305
13 years ago
Feb 28, 2011 0:26
In Thread: USD
loudsleeve: long USD/CHF at 93.20. I figured this pair must have bottomed (certainly didn't get in at the "bottom" though). FYI: I asked Ashraf about this pair at the NY Expo and it didn't seem to be on his radar. I believe he said that the strength of the CHF will soon (if not already) cause problems in their economy and that may cause it to go down. I agree, but the SNB has failed LONG AGO with trying to weaken their currency. Seems that the market can actually conquer the central bank...

My take, everything in Libya, and other protesting regions need to calm down before traders stop seeking the safe haven of the CHF. But then again, can this keep falling??? I sure hope not! Stop level at 92.00
Rob
New York, United States
Posts: 305
13 years ago
Feb 24, 2011 1:57
In Thread: USD
What's up with risk aversion and the USD declining? Are new dynamics developing? Or is this just QE3 rumors?
Threw in the towel and went long USD/CHF - hoping for a triple bottom, bitter SNB, and a broad rebound in the USD. In retrospect, USD should have been bought against something else - but sometimes it's fun to play with fire when you know you can put it out at some point.
Rob
New York, United States
Posts: 305
13 years ago
Jan 13, 2011 0:59
In Thread: JPY
Nice! See you there! BTW - Your tweets are great about the EUR and how everyone expects your calls to go in in a straight line like it's the return of the flash crash. I'm going to look for 1.3250 to short EUR. Sticking with USD/JPY long. A slow-moving granny pair like this is best when I'm not looking at the charts all day. Opened a private practice in August and working "hard". See you in person in Feb.
Rob
New York, United States
Posts: 305
13 years ago
Jan 12, 2011 14:03
In Thread: JPY
Thanks Ashraf - yes it has been a while! Sorry to see you won't be coming to NY for the Trader's Expo. I appreciate your thoughts on USD/JPY and everything else!
Rob
New York, United States
Posts: 305
13 years ago
Jan 12, 2011 3:31
In Thread: JPY
Unless US-JPY 2 and 5-yr. yield - USD/JPY correlation has diverged "for good" in December
Rob
New York, United States
Posts: 305
13 years ago
Jan 12, 2011 3:27
In Thread: JPY
Long USD/JPY now - we'll see on the target... 85? Weekly stochastics, Bollinger Bands, RSI, and 2 yr. and 5 yr. US-JPN charts look positive for this pair - perhaps even 86. The totally fake recovery in the US may even get it higher. Staying long. Any thoughts from anyone and of course Ashraf would be appreciated!!!