Viewing posts by JackD

User: JackD (Non-Member)
Last Post: September 17, 2009 ET
Posts: 22 (Anonymous)

Dear Group:

I am going to make a simple suggestion. I have seen people like Qin suck the life out of forums and eventually makes it so unpleasant that forums die as members leave or forum masters close it in disgust. Perhaps it is the intent of those who need attention to deliberately cause havoc and push people buttons. They do not care the quality of attention as long as it is on them. I do not believe that Qin is stupid. He knows what this site is about and the courtesies we extend each other as we share and discuss different viewpoints. I do not think that Qin cares one farthing about any of that. He wants what he wants and if he gets it, then he wants more

Since Ashraf is too nice of a guy to block Qin, let us all agree to not engage in any conversations with Qin. In other words, ignore his postings totally. Maybe he'll go away.

Also, Ashraf can post a Poll asking to keep or kick Qin out. I know how I will vote. If the majority of the group votes Qin out, then Ashraf can take that into consideration, and block Qin's account. This could be protocol for future Qins. That way Ashraf can get feedback from the group and demonstrate that he does not take blocking accounts lightly but will do so when certain members get too disruptive.

My two cents. Group, please let me know what you think.

-Jack Dee

Thanks Ashraf and Speculator for your replies.

Ashraf, are you still expecting a small correction of 5-6% on USD to the positive side?

-Jack Dee

Dear Ashraf,

If FOMC thinks about raising rates (or there is rumour to that effect), would that be USD positive? If so, not sure I understand why the market is behaving as it does with risk trades being on and USD weakening. Usually rumours of rate hike would spur strength in the currency.

Puzzled,

Jack Dee

Dear Ashraf,

What would you suggest as a hedge for those who are short AUDUSD and AUDJPY?

Thanks,

Jack

Dear Ashraf,

If you think that USDJPY will move up temporarily to 93.20, then would it be safe to say that GBPJPY is not likely to go lower than 149.90s for this week and that it could have a temp bounce since Yen will weaken? I am creating a trading plan for the week and looking for good TP points and places to reenter shorts. Currently deep in the green like Moshin with long held GY shorts and have already TP on half of my positions.

-Jack Dee

Dear Group,

Be sure the take some profits as the London close nears. You'll get a chance to re-establish a better position if you're still bearish EM and bullish USD. Those who did not get in yet, that will be the chance for you to enter if you wish.

-Jack

Dear Ashraf,

I don't think enough of us have given you the acknowledgment you fully earn and deserve. Thank-you for all you do and all that you put up with to maintain this site and answering our questions. You are a treasure!!!

An appreciative fan,

Jack Dee

Dear Ashraf,

Now that there is a retrace on USD/CAD, is it good to load up again going long or has the move already been done.

-Jack

Dear Ashraf,

GBPUSD going down while GBPJPY going up mainly due to USDJPY movements. But once the Yen stabilizes, will the better trade be going long the GBPUSD or short GBPJPY? That is price action is going to extreme on one of them but which one.

-Jack

Dear Ashraf,

Seemed counterintuitive that bad CPI numbers showing greater deflation and worse economy for Japan would lead to increase in Nikkie and weaker Yen. For example, deflation means Yen could buy more. Its value should increase and stock market goes down.

Puzzled and confused,

Jack