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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3119
Forum Topic:

Commodity FX (CAD AUD NZD NOK)

Discuss Commodity FX (CAD AUD NZD NOK)
 
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 1, 2010 2:46
@chloe-I am building my long USDCAD position YET again-another "gift that keeps giving"!
montmorency
Abingdon, UK
Posts: 610
14 years ago
Feb 26, 2010 18:30
Astonishing call. As a matter of interest, on the 1H chart, the 365 EMA appeared to provide (temporary?) support, right around Ashraf's preliminary target of 1.2760.

This pair is right out of my normal comfort zone, but I'm in (late, but in).

(12 pip spread on my platform).

Ashraf Laidi
London, UK
Posts: 0
14 years ago
Feb 26, 2010 17:16
AUDNZD PLUMMETING DEEPER in the green into that HOTCHART as stocks declinehttp://bit.ly/b9DCb9 yes spreads in $AUDNZD can be as much as 10-15 pips but this down 80 pips already since yesterday. it IS a long term call. BEARISH STOCHASTIC DIVERGENCES ARE RARE BUT PRICELESS

Ashraf
cr00x
United States
Posts: 1
14 years ago
Feb 26, 2010 15:08
Is 20bps a typical spread for AUD/NZD?
said
mulhouse, France
Posts: 2822
14 years ago
Feb 26, 2010 13:27
@PIPED
MOST OF THE TIME MARKET ARE CORRELATED MEANING FOR INSTANCE DOLAR DOWN GOLD UP BUT SOMETIMES ON SOME PERIOD MARKET DONT REACT MECANICALLY AND TEND TO REACT PSYCHOLOGICALLY
MY OPINION IS THAT IN AN DOWN PRESSURE FOR US INDICES THERE R ARBITRAGE BETWEEN GOLD TREASURY AND OIL . FOR ME THE LOSER IN THIS ARBITRAGE IS OIL
I GAVE MY OBJECTIF OF 3.20 YIELDS IN US10 YEARS AND GOLD AT 1175. REMAKE OF THE THEORY OF ARBITRAGE BY INVESTING IN A RISK FREE ENVIRONMENT AND PROCEED INVESTING; THATS THE PLAY OF SOME CERTAIN CENTRAL BANKS THAT BUYS MORE MORE GOLD. FOR INSTANCE MIDDLE EASTERN CENTRAL BANKS.

ASHRAF AND EVERONE UR OPINION IS WELCOME.
Pipster
birmingham, UK
Posts: 111
14 years ago
Feb 26, 2010 11:59
lilgeo,

Yes, thanks. I looked at it yesterday when I entered, but forgot it mentioned the possible levels. Thanks
lilgeo
United States
Posts: 13
14 years ago
Feb 26, 2010 11:56
@Pipster take a look @ the hot chart ashraf posted yesterday i believe it has all you need
Pipster
birmingham, UK
Posts: 111
14 years ago
Feb 26, 2010 11:49
Hi Guys,

Has anyone shorted the Aud/NZD. I am looking to take profit around 1.2730. What are your thoughts people, where do you think this might go.

Ashraf do you think this pair can go lower and to what level - thanks in advance
patriot
Australia
Posted Anonymously
14 years ago
Feb 26, 2010 11:13
@Pipped - I have to change some GBP to AUD. Should I do it now or try to sit on it for two years and hope the GBP improves against the trumped up AUD.
PippedOff
Canada
Posted Anonymously
14 years ago
Feb 26, 2010 8:23
@said-don't know what you are saying