Posts by "chloethebull"

i put a order in to get long usd .. oreder was hit but i don;t think usd is gonna be finishin higher than the open...bought @ 1.0836 seemed to be the low ...was hoping for a close araound 1.0850..or higher ..time will tell if i made a good trade lol gl

yes i try to figure out the WHY...an i find it hard to beleive that the recession is over ..theres green shoots..all is fine...the usd is no longer #1 currancy...the world can afford 75-80buk oil..cad goin to paridy...all within 10mths or so...i agree eventually..but in 10mths or so..seams alil ambishish...thats why when i see pressure on usdcad i see it as a buying oppertunity in the short term cause ive seen it in the past 2mths go from 1.17 down to 1.0650 an it always snapps back but i do notice that the higher highs keep gettn lower so in a orderly fashion all those things might come true in time...also china hold 2 trillion in usd wheather or not they like it there tied to usd for a while..an couldn;t a strong cad undermind canadas own recovery?thanks for the chit chat pz

hey ashraf or any1..if u don;t mind me asking how many bips do u go for on a trade...??i realize theres prob alot of factors that need to be taken into account...also if you see that your trade is not goin the way you thought do u just bail or just hold it til it recovers(again prob depends on situation)..thanks for the pointers

thanks nzvik..i held off on the short position @ 1.6655..incase gbp runs higher..have a good day

thanks ashraf...im watchn crude to see what opec decision will have on it..if they leave production were its at do you think that will put pressure on usd?if so i;ll wait to see if they try to retest 1.0675..but i do think usd look ok @1.0750 or below...hopfully there is a long trade b4 end of the week thanks...u think gold is tryn to build some support at 1000 b4 the next move up or is this resistance..thanks again