Saddam captured = $ strength?

[peteuk]

Good for Bush good for the dollar or a cause for increased terrorism?

I sincerely hope pray I am wrong about the latter.

Pete

[peteuk]

Yes I believe your long dollars are a good idea this will have a profound effect on the markets at Asian open a dollar rally with everyone opening dollar longs or at the very least taking profits on accumulated dollar shorts of the past few weeks.

This will certainly negate any TA analysis.

Pete

[habrams]

short euro now

H

[peteuk]

Yes I'd forgotten about Brussels it was kind of shadowed after the latest news.

Time to change my avatar I think

Pete

[jasonjm]

lets see how this plays out!!

[jasonjm]

I think most likely currency to reverse here is going to be usd/chf the "safe haven" play.....

so going long usd/chf

good trading to all.....

[daloa11]

hi there
is it better to go long in USD/CHF or short in EUR/USD?

what is the opeing time for the Asian market?

good luck

[jasonjm]

I was also thinking between usd/chf eur/usd

the reason I went with usd/chf long is:

1) USDCHF is the safe haven play on political news it moves the most out of any currency
2) USDCHF has a negative interest yield less incentive for big 1:1 players to hold onto longs whereas eur/usd is positive


anyone feel free to comment on their reasons or whats wrong with my logic!