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Posts by "forextrader"

130 Posts Total by "forextrader":
125 Posts by member
forextrader
(vologda, Russia)
5 Posts by Anonymous "forextrader":
forextrader
vologda, Russia
Posts: 127
15 years ago
Jul 30, 2009 9:47
Hello Ashraf

Nationwide Building Society in U.K. stated that the house prices increased for a third month. Should we assume that the trend is pointing to the up side? Any opinion about the UK housing prises ?
Dima
forextrader
vologda, Russia
Posts: 127
15 years ago
Jul 29, 2009 19:23
JMX
Book profit of 25 pip ?? I think it is much better Hold it will go to 1.6250 .

I am not sure why the Cable did not fail as much as we expect, maybe because of the noise coming out of the UK regarding the bottoming out of there housing market. I am not sure why

I still think 1.58 is good medium term target for the GBP/USD

Dima
forextrader
vologda, Russia
Posts: 127
15 years ago
Jul 29, 2009 13:20
Hi Jack

Japan PM calls election Yen went down on political uncertainty , Stick to the USD for the time being http://www.reuters.com/article/worldNews/idUSTRE56K02820090722

Dima
forextrader
vologda, Russia
Posts: 127
15 years ago
Jul 28, 2009 16:16
Hello Steve
Trader use to buy the Canadian dollar because it is link to the oil price.

But following this morning comment from The CEO of BP which he mentioned that he cant see a big demand for oil and growth any time soon and his expectation of oil prise to be around 60 dollar for the next 3 years. ((CAD negative))

I see the USD/CAD around 1.15 in the next 5 weeks.

Dima
forextrader
vologda, Russia
Posts: 127
15 years ago
Jul 28, 2009 15:21
Guys watch out for the AUD/USD today, if it closes today below 0.8260, a shooting star candle will be established., combined with double top in the daily chart. Very bearish

Dima
forextrader
vologda, Russia
Posts: 127
15 years ago
Jul 28, 2009 12:39
Hello
It is all about the risk to reward ratio,, I entered the market risking 60 pips for a possible 700 pip which means 1:11 risk/reward ratio.
The USD is over sold technically against the CAD, RSI in the 4 hours chart is conversing up wards, add to this that the stock market is overbought and it is also due for correction. Which is a dollar positive.

By the way I moved my stop loss to break even now.

Dima
forextrader
vologda, Russia
Posts: 127
15 years ago
Jul 28, 2009 8:56
Hi
I entered the market today with 5 standard lots long USD/CAD at 1.075 target 1.14-1.15. Hopefully we will get there in the next few weeks ahead.
Wish me luck guys.

Dema
forextrader
vologda, Russia
Posts: 127
15 years ago
Jul 23, 2009 22:17
Qin

If US economy is doing bad others are much worse, the USA is still leading in many fields and home to many of the most will known global brands such as Google, Microsoft, Boning, oracle, Apple ...ect
And the are by far the strongest country in earth.

Can you name me 10 Canadian or Chinese global brands?
forextrader
vologda, Russia
Posts: 127
15 years ago
Jul 23, 2009 19:57
Hello Gunjack

If the pair end the day below 0.66 then I see double top formation.. very barish I will be inclined to sell the pair rather than buy . with stop loss above 0.665

Good luck
forextrader
vologda, Russia
Posts: 127
15 years ago
Jul 23, 2009 19:34
Hello rajesh68

Traders like me and you and many others , start to take profit when the Euro/USD reaches 1.427ish which pushes the euro down... in order for this level to be broken we need either a big news announcement or anther few days like today.

Dema