Posts by "chloethebull"

ashraf... last week i think canadas finance minister talked about the strong cad an said there wasn;t much they could do about it...is that true?if not what steps could they take to have a dramatic impact on cad...an are they more inclined to take these steps to lower cad value...i hear a strong cad is bad for our recouvery..bad for our exports with usa...so why they screwing around...thanks

no he didn;t recommend that i go long usd..i made that decision on my own...he just confirmed that it could be a good trade..(.short term) an i agree with him ...i think its a up an down game...theres no $ to be made if we go to paridy..well not like the big boys are making over the last few mths u have the usdcad swingin from 1.20ish all the way down to 1.0650..some1 making huge $$$ an i don;t think either bulls or bears want that to stop anytime more $ goin up than down it wouldn;t surprise me if we hit 1.15 again...but yes i agree eventually were goin lower but there will always be some type of upside to usd to maximize those profits...(i bet ur holding some kind of long usd position..my problem seams to be...im not nimble enough to notice change in sentiment on usd..like ashraf said rumours out on hpb buying potash...seamed to give legs to oil an gold ..tsx had a huge day..not liking oil having a big day before inventories come out this could hurt for a sec but acct is inline for more turbulance i;ll be looking to add...12days ago we hit 1.0670 an bounced off it to run back up to 1.0915..now were goin back down this time i hope to lock in some profits an stop being soo scared to take a risk...thanks for the chit chat

can;t i use my gold stock an other stock as a hedge on usd???or is it safer to choose another pair??thanks

did any1 dare go long usdcad@ 1.0720...or just me :)..gl...i don;t think qin did..

it seams usdcad holding strong to 1.0830-5...i think its time to make some $ an push upward..gl