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原帖由 b4321 於 2008-7-30 20:58 發表
I don't suggest shorting NZD nor AUD, as the interest u need to pay is too high, and it is too expensive if seating in a boat for a long time..

Clever. On the contrary, I will long AUD if can reach 0.94.
Shorting JPY is dangerous wor.

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原帖由 ces 於 2008-7-31 02:36 發表
congratultions
Your chance to long AUD just came a few hour ago

Not low enough.

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原帖由 easylover 於 2008-7-31 10:36 發表
interest rate is not the only factor to affect its currency
if that easy, all become rich

It's that easy!

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原帖由 ces 於 2008-8-1 13:11 發表
Brother Pen you're so wise
rates 1pm 1.8.2008 :
AUD 0.936
NZD 0.928

I am tempted now.

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原帖由 ces 於 2008-8-2 02:50 發表
unless US cuts interest rate
AUD likely  remain  under 0.9 in 3-6 months

I will load-up at 0.9. Will buy some at 0.92.

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原帖由 b4321 於 2008-8-5 16:17 發表
I am shorting gold recently and the result is quite good.
Firstly, the interest to be paid is very low so I can still alive if sit in a boat. Secondly, the fluctuation is big enough for my long an ...

Short gold has no interest, right? Only long gold you have to pay interest.

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原帖由 b4321 於 2008-8-5 22:18 發表
Think in this way. Short means u borrow (short) something and buy another thing (long). To borrow, u need to pay interest. To buy or to long, u can gain interest. There is always a pair of currencies. ...

Sorry for the mix-up. It has been a while since I bought a leveraged gold contract but I still have some cross currencies deals losing money ...

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原帖由 b4321 於 2008-8-5 22:18 發表
Think in this way. Short means u borrow (short) something and buy another thing (long). To borrow, u need to pay cies. ...

You use 10% but need to have sufficient margins to meet call should the currency moves in the wrong direction.

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原帖由 asahi 於 2008-8-6 10:55 發表
Great, you are right ! Thank you.. That means forex is a safer bet !

No way! You must have some reserves to meet call.

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原帖由 b4321 於 2008-8-6 11:49 發表
FOREX is not safe, but highly dangerous. So better to play safely and should not excess your limit. Choosing a safe currency pair and prepare to sit in boat.

I picked the wrong pairing eg. GBP/JPY and AUD/JPY

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原帖由 b4321 於 2008-8-6 14:07 發表
You short AUD and long YEN? It's a lot of interest needs to be paid. But if it is the other way around, u can still earn interest and can sit in a boat and don't worry much.
Always remember the wo ...

Both pairings are long AUD and long GBP so now getting good interest. Unfortunately, I got in at the wrong time. I have these with securities firms and they can let you sit out as long as you can meet margins.

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原帖由 ces 於 2008-8-6 19:11 發表
arket at t ...

He is a smart trader!