FXHandler yes, maybe I am the only one here long NOK.....I think if the stock market has correction in September, NOK will go down...but I don't expect it will go down a lot, maybe USD/NOK back to 6.25 --6.50........the norgres bank will rise interest rate in the first quarter of next year.....
I can't give you any advice about CHF, I don't trade on it usually....
About Yen......I am avoiding to trade on it this year......I expect it will have a rally in September, if stock has correction......and I think JPY will have a rally in FEB or March next year, because the Japanese companies will order more JPY come back home during that period..... By the way, if there is any crisis happen in FX market.....Yen will be the first safe haven currency....even USD collapses........I would like to long or short Yen by daily trading....make some quick money....... In long term....I am very bearish on Yen......when the economy is stabilized, I will short Yen...guess next year from April....
Qin, Being almost the only one here trading NOK, can you tell me your short and long term predictions for JPYNOK and CHFNOK? Do we see a weaker NOK soon?
i think everyone is waiting for the US reports now......if the report is positive for the market, I will short Yen and long EUR and GBP as daily trade....
Japanese are talking about short Yen now...if the reports are good enough......
houram your country's economy is getting better then others in G7........I was long CAD since march of this year........i think one CAD will exchange 1.5 USD in 5 years.......good for you.......
natural gas...........I will hold it into next year......I only play with 5% from my capital.......
Many traders are buying gold and make it 10% in their portfolio to against USD decline and inflation next year.......I may made 10% natural gas into my portfolio, even I don't have any USD now....
Hey, guys I just short USD/NOK at 6.04 which is a very small size position.....I will add more position if the pare continue to rally before the US market open......
If you look at the relation between NG and oil you will see that they move parallel and the ratio of NG:OIL moves between 11 to 15. Now it is about 1:24 due to a huge NG inventory and many new NG resources that have added to the inventory. Either oil has to come down or NG has to go up and I think it is more likely that oil will come down since it is only based on speculation. BUT I will go long when it is time for it, the low was Sep 2001 at $1.85
The fact that crude (normally $2.5ish cheaper than Brent) is currently priced above Brent suggests that it is ONLY the hurricane europhia that's (artificially) supporting the crude price level (owing to supply fears). Note that Brent remains consistent over the past week!
The moment hurricane passes, we can expect prices to crash! My target would be b/w 60 - 58 in a fortnight. I can, and may be, wrong the price level...but pretty much confident of a huge short trade in the offing.
Offload currencies, liquidate equities...and get ready to short crude. Then we'll have a get together at mahiki or Nobu...
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(2 years ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(2 years ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(2 years ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (2 years ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (2 years ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (2 years ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(2 years ago)
yes, maybe I am the only one here long NOK.....I think if the stock market has correction in September, NOK will go down...but I don't expect it will go down a lot, maybe USD/NOK back to 6.25 --6.50........the norgres bank will rise interest rate in the first quarter of next year.....
I can't give you any advice about CHF, I don't trade on it usually....
About Yen......I am avoiding to trade on it this year......I expect it will have a rally in September, if stock has correction......and I think JPY will have a rally in FEB or March next year, because the Japanese companies will order more JPY come back home during that period.....
By the way, if there is any crisis happen in FX market.....Yen will be the first safe haven currency....even USD collapses........I would like to long or short Yen by daily trading....make some quick money.......
In long term....I am very bearish on Yen......when the economy is stabilized, I will short Yen...guess next year from April....
Good luck!!!
Being almost the only one here trading NOK, can you tell me your short and long term predictions for JPYNOK and CHFNOK? Do we see a weaker NOK soon?
Regards
Japanese are talking about short Yen now...if the reports are good enough......
your country's economy is getting better then others in G7........I was long CAD since march of this year........i think one CAD will exchange 1.5 USD in 5 years.......good for you.......
Many traders are buying gold and make it 10% in their portfolio to against USD decline and inflation next year.......I may made 10% natural gas into my portfolio, even I don't have any USD now....
I just short USD/NOK at 6.04 which is a very small size position.....I will add more position if the pare continue to rally before the US market open......
question: how will dropping oil affect NZD/USD ? Thanks in advance
C
The fact that crude (normally $2.5ish cheaper than Brent) is currently priced above Brent suggests that it is ONLY the hurricane europhia that's (artificially) supporting the crude price level (owing to supply fears). Note that Brent remains consistent over the past week!
The moment hurricane passes, we can expect prices to crash! My target would be b/w 60 - 58 in a fortnight. I can, and may be, wrong the price level...but pretty much confident of a huge short trade in the offing.
Offload currencies, liquidate equities...and get ready to short crude. Then we'll have a get together at mahiki or Nobu...