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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 100
Forum Topic:

Trading, Analysis (Technical/Fundamental)

Discuss Trading, Analysis (Technical/Fundamental)
 
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Pipster
birmingham, UK
Posts: 111
14 years ago
Feb 26, 2010 16:14
I've come out of gold. I hate it at the moment. Refer to IMT... I can't afford the risk -
Pipster
birmingham, UK
Posts: 111
14 years ago
Feb 26, 2010 16:04
Mont, R u still going to short at 1114. I've just shorted hoping to nibble. Like Xaron mentioned there is plenty of strength for 1123
montmorency
Abingdon, UK
Posts: 610
14 years ago
Feb 26, 2010 15:59
I had an order in for 1119.1 . It missed by about 5 pips. 1115.5 as I type.
Xaron
Munich, Germany
Posts: 528
14 years ago
Feb 26, 2010 13:44
Hmm yes... switched to Euro long, Aussie long and Gold long.
PippedOff
Canada
Posted Anonymously
14 years ago
Feb 26, 2010 13:40
Unless Gold goes back to 1112 plus, I will remain flat for the rest of the day exscept for one unit short gold at 1113.7 from earlier today.

I am hoping for a short-covering, risk rally to close out the week.
Xaron
Munich, Germany
Posts: 528
14 years ago
Feb 26, 2010 13:39
Looks like the old scheme is still active: Good US news: bad for the Dollar - at least slightly...
There might had been some risk aversion before so this money now flows out of the Dollar again, but where? :D
Xaron
Munich, Germany
Posts: 528
14 years ago
Feb 26, 2010 13:37
Interesting reaction on better numbers... Strange.
rkkashmir
Posted Anonymously
14 years ago
Feb 26, 2010 13:05
mnarket alreDY POAITIONING ITSELF FOR POST-US GDP USD ROMP
chloethebull
Posted Anonymously
14 years ago
Feb 26, 2010 12:59
i agree pippedoff,i think that is the theme everything is usd at the moment,hopfully we get a nega- gdp for the us that should help our gold shorts...i didn;t add any @1113 this morning,my next level is around 1123...gl today
PippedOff
Canada
Posted Anonymously
14 years ago
Feb 26, 2010 12:45
think about it:

a miss on GDP, and risk gets destroyed for safe-haven USD buying

beating the estimate and risk gets destroyed in anticipation of FED tightening.

We are in one of those times...
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