Disliked{quote} And out again, nice profit before USD data & ZAR later. USDTRY closed at that 2.0830 SL level Citiboy spoke off as it started to stall and with this data coming out better to pocket some profits. {image} {image}Ignored
USD/TRY and EUR/TRY 12 replies
Exotics (USD/TRY, USD/ZAR, USD/MXN, and others) 2,321 replies
Lets try something new CUT OFF DATE 5 replies
USD/TRY fundamental analysis 1 reply
Anyone try using XAU/USD - XAU/EUR as proxy for EUR/USD? 4 replies
Disliked{quote} And out again, nice profit before USD data & ZAR later. USDTRY closed at that 2.0830 SL level Citiboy spoke off as it started to stall and with this data coming out better to pocket some profits. {image} {image}Ignored
Disliked{quote} And out again, nice profit before USD data & ZAR later. USDTRY closed at that 2.0830 SL level Citiboy spoke off as it started to stall and with this data coming out better to pocket some profits. {image} {image}Ignored
Disliked{quote} Nice trading.....I closed a little early as price actually went down to my next level - actually Citiboys one.....Ignored
DislikedWise words there from Scotty. I was originally trading this in relatively small size given that I just started being active in this pair this year.Ignored
DislikedYeah you might be right. The market may not care about half a percentage point, but it has reacted harshly to the unorthodox policies in the past. I'll be curious to see what London does to end the week.Ignored
Disliked{quote} I cut them loose for a 1.5% loss, I have to leave the house and with these pairs I rather be present. Happy trading today folks, & have a great weekend!Ignored
Disliked{quote} Agreed, I dont like to go far with UsdTry positions open - or I take partials - as I have just done having bought ~the BRN in FH.....enjoy your W/E....Ignored
DislikedI am building up a short position slowly long term, I believe this pair will continue to be down and also the rollover rates are extremely tempting. Holding it for sometime will pay for the volatility of the margin requirements etc by itself.Ignored
Disliked{quote} Right now Turkey is gently telling us speculators what the new direction of the market should be--at least for the next 3-6 months. This is happening subtly, they will say it louder via market interventions or with further cuts next month if need be. I think we'll see 2.15-2.2 or greater by August. For the market participants who are paying attention, the prospects are exciting.Ignored
Disliked{quote} I agree with the higher exchange rate by then (August 10 presidential election), but i do believe that it will go down some more to 2 or maybe even 1.95 and possible see some ranging around the 2 level until the election campaigns really start to take off.Ignored
Disliked{quote} Jeff, it's almost June, my friend. The next couple of months are going to fly by. We are talking about 40 trading days and some change. Fundamentally, this thing is done. You never know though, there may be some real demand that pushes this a little further south. The Japanese investors and their bond buying surprised me earlier in the month. If there are further issues in Russia we may see more of that money, but otherwise I expect speculative flow to become bullish. We'll see though, time will tell. **Edit, just wanted to add that I believe...Ignored