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Posts by "shane"

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222 Posts Total by "shane":
208 Posts by member
Shane
(Lahore, Pakistan)
14 Posts by Anonymous "shane":
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Shane
Lahore, Pakistan
Posts: 209
14 years ago
May 4, 2010 16:02
In Thread: GBP
Going long eurgbp, short usdjpy and short audcad
Shane
Lahore, Pakistan
Posts: 209
14 years ago
May 4, 2010 15:59
In Thread: GBP
ING
Go for crosses i went short audcad
Shane
Lahore, Pakistan
Posts: 209
14 years ago
May 4, 2010 14:30
In Thread: Commodity FX (CAD AUD NZD NOK)
Not sure what to do today so went short audcad with more to add if we see 94 again
Shane
Lahore, Pakistan
Posts: 209
14 years ago
May 4, 2010 13:57
In Thread: GBP
missed the train
Shane
Lahore, Pakistan
Posts: 209
14 years ago
May 3, 2010 20:06
In Thread: Commodity FX (CAD AUD NZD NOK)
I think we may not see any pronounced usd weakness as market is confused about RBA decision. There are likely chances that we may not see a rate hike this time. But we may reach some important resistances to give us a short opportunity if RBA raises rate. China tightening can give an excuse to RBA not to raise rates.
Shane
Lahore, Pakistan
Posts: 209
14 years ago
May 3, 2010 19:45
In Thread: JPY
Against the trend scalp trade stops at break even take profit 94.30
Shane
Lahore, Pakistan
Posts: 209
14 years ago
May 3, 2010 19:40
In Thread: JPY
short usdjpy at 90.70
Shane
Lahore, Pakistan
Posts: 209
14 years ago
May 3, 2010 1:06
In Thread: EUR
euro is setting itself for a doom, no one is really sure if they wanna hold euro anymore. Greece will remain a thorn for euro for a long time and still EU may see more problems in other EU countries. EU is on an unpredictable path investors will turn to safe heaven dollar for the time being.
Shane
Lahore, Pakistan
Posts: 209
14 years ago
May 3, 2010 0:49
In Thread: JPY
for audjpy i believe its better to sell at 87.30, 87.50, 87.70 and 88 preference is no stops as we are seeing a broadening pattern which has more likely chances to break below than towards upside. A upside will be an opportunity to add more shorts. If i correlate all the moves in fx i see aud going down, jpy may not see 95 euro 1.29 gbp 1.48 . Damn Ashraf is right and spot on.
Shane
Lahore, Pakistan
Posts: 209
14 years ago
May 3, 2010 0:43
In Thread: JPY
jpy has been consolidating for a long time now in search of a break and now i think it will be to the upside. we are going to see 97 soon , however i will still prefer to sell it at 94.50 and 94.75, not planning to buy usdjpy unless we see 92 as the risk reward ratio is too bad however in selling we have a good risk reward, untill it breaks above 95.
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