I will write about what it is on Monday and discuss it further.
Cam Hui is a portfolio manager at Qwest Investment Fund Management Ltd. ("Qwest"). This article is prepared by Mr. Hui as an outside business activity. As such, Qwest does not review or approve materials presented herein. The opinions and any recommendations expressed in this blog are those of the author and do not reflect the opinions or recommendations of Qwest.
None of the information or opinions expressed in this blog constitutes a solicitation for the purchase or sale of any security or other instrument. Nothing in this article constitutes investment advice and any recommendations that may be contained herein have not been based upon a consideration of the investment objectives, financial situation or particular needs of any specific recipient. Any purchase or sale activity in any securities or other instrument should be based upon your own analysis and conclusions. Past performance is not indicative of future results. Either Qwest or Mr. Hui may hold or control long or short positions in the securities or instruments mentioned.
9 comments:
It looks like the AUD. Though the AUD closed even lower than the graph.
I wouldn't short it, but I would not want to be in it. Is it bonds?
I traded AUDCAD long today because it went more than three standard deviations from its moving average, but it looks ugly longer-term unless it can back above previous support
sell!
ZB? Short of the decade if it falls through resistance.
Looks like the AUD to me
AUD?
The graph looks like AUD/CAD.
I would short it with tight stops because the macro-economic environment is working against the AUD.
Perhaps a option on the AUD/CAD will be a safer alternative.
I like quiz games!
Looks like a short opportunity, but might want a bit more confirmation.
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