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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 2338
Forum Topic:

USD

Discuss USD
 
chloethebull
Posted Anonymously
13 years ago
Dec 14, 2010 19:48
im showing 1.3386 @cmc markets.lol
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Dec 14, 2010 19:42
flat at 3380, almost there
chloethebull
Posted Anonymously
13 years ago
Dec 14, 2010 19:36
plus dave im startn to feel like all this neg- attitude towards usd is gettn old.2011 might be more challenging for fed to keep the $$ cheap.an the longer we stay cheap the more violent the upswing might be.why is there no talk about retracments in the usd like we here about every other currancy?thanks for ur explanation in advance i value ur experience:)
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Dec 14, 2010 19:35
hehehe, its what I call a damp squid. I have my stop well tightened now. Thx for yer good wishes :-)
chloethebull
Posted Anonymously
13 years ago
Dec 14, 2010 19:32
100-20+ pip not a bad concidering market reaction muted+pos+ usd data,ashraf saying bears might step in on eur with lower close.screw it bro take ur payday an mayb wait for more direction.i think its a good trade:) pz out
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Dec 14, 2010 19:27
Chloe, subway saw what I saw, dunno where he is today? Yields just popped up to 3.42 high and come off again equally quickly, jury still out.

catnip. no prob at all. I cut my teeth on options and got involved in all sorts of strats that really were beyond my tiny brain. Moving to futures was a like a breath of fresh air for me, sooooo simple.
chloethebull
Posted Anonymously
13 years ago
Dec 14, 2010 19:20
things look really muted so i think we get back to pos+ data from earlier an aud moves lower9980- still keeping h&s intact..get out dave get out :) gl)
chloethebull
Posted Anonymously
13 years ago
Dec 14, 2010 19:00
awesome call dave going long eurusd,i have a friend who added to his shorts in eur @ that level an i thought it was not a good move as too much risk/reward...eur tanking 800+pip ashraf calling for sub 1.30-1.27 just not enough pips for me to get short an i said better to long it..gl :)
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Dec 14, 2010 18:54
well Dave the point is with hedge you don't lose money. For ex assuming that EURCHF reached an all time low and will not fall further I get out of the short trade and USDCHF loss is already overcompensated . If USD recovers ( for that 10 y yield must fall ) I get out of the longtrade,too. If not I still have some profit. My point of this strategy is better small profit than big loss.
chloethebull
Posted Anonymously
13 years ago
Dec 14, 2010 18:50
its funny how we sometime ignore a lil voice in our head..this morning while i was saying the trade is worth more i did have a voice telling me that my positions would move back up against me ahead of the bigger news of fomc but i chose to ignore it ..an what happened lol..i love pointing outmy mistakes on my trades lol:)gl in 10min