AUDCAD Crash

Discussion in 'Forex' started by kalzayani, Oct 7, 2007.

  1. I think it's a good time to short this
    AUDCAD Should trade around 0.77 by year end

    I shorted at .8830
    Target for now at .79
     
  2. It's a bear-index trade. Don't expect to visit 77 unless SPX trades <1400.
     
  3. I think you are right
    SP500 heading to 1400 from 1592 to 1600 IMO

    CHK the Crash in ^HGX
    I think major drop
     
  4. ^VIX should start flying north too...Maybe to 40 by EOY
    GL
     
  5. AUDCAD
    Change in trend
    for Longer term crash to .77

    seems that 30 Minutes data is doing that

    0.8875 0.8760
    0.8899 0.8736
    0.8918 0.8717
    0.8932 0.8703
    will do some positions for longer term