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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
Jun 5, 2009 19:18
Hey Qin
I am not familiar with your trading strategy, but I noticed you wrote early today regarding USD/CAD reversal is coming soon, so why you plan to buy the CAD next week?

Personally I am very bearish in the CAD against dollar for fundamental and technical reasons. My advice to you is to think about where to put your stop loss before you enter any trade.
Good luck
forextrader
vologda, Russia
Posts: 127
15 years ago
Jun 3, 2009 17:37
what a wondarful day!!
250 point in half a day in the usd/cad , almost 14,000 $ in the green. not a bad working day.
forextrader
vologda, Russia
Posts: 127
15 years ago
Jun 3, 2009 14:01
Thank you ashraf , I have small margin stop loss at 1.077 . i.e 30 point
I found some currency research outlook
http://research.cibcwm.com/economic_public/download/fxmay09.pdf

In the research they highlight the positive long term outlook for the commodity base currency i.e AUD, NZD
forextrader
vologda, Russia
Posts: 127
15 years ago
Jun 3, 2009 10:52
Hello
I want long with six standard lots at 1.08 USD/CAD. My target is 1.15 - 1.18. Hopefully will be their before in 2-3 months time. Wish me luck my friends
Dema
forextrader
vologda, Russia
Posts: 127
15 years ago
Jun 1, 2009 13:06
Hello Ashraf
I read on Bloomberg today that a Nobile prize winner in economy is predicting Euro reversal, and other analyst forecast Euro below 1.25 by the end of the summer. Do you thing this is possible?
I missed the recent rally in Euro dollar, if I want to enter long where shall I put my stop loss? Thank you