http://www.fxstreet.com/technical/market-view/currency-speculations/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/market-view/currency-speculations/2008-09-15.htmlEarly Friday I dumped a massive long US dollar exposure built against the Swiss franc and the Canadian dollar, for a marginal profit. The positions happened to be of the 'make or break' type, and as the European transacting time began on Friday I sensed the 'make' part might have already been compromised. I also liquidated today about 70% of a heavy long EUR/GBP exposure (its breakeven point is at 0.8050), this time for a severe drawdown across my accounts.Mon, 15 Sep 2008 14:16:46 GMThttp://www.fxstreet.com/technical/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/technical/market-view/currency-speculations/2008-09-15.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-09-15.htmlEarly Friday I dumped a massive long US dollar exposure built against the Swiss franc and the Canadian dollar, for a marginal profit. The positions happened to be of the 'make or break' type, and as the European transacting time began on Friday I sensed the 'make' part might have already been compromised. I also liquidated today about 70% of a heavy long EUR/GBP exposure (its breakeven point is at 0.8050), this time for a severe drawdown across my accounts.Mon, 15 Sep 2008 14:16:46 GMThttp://www.fxstreet.com/fundamental/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-09-15.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-09-11.htmlSince September 2 I've been building a massive long US dollar exposure against the Swiss franc and the Canadian dollar. I added the most recent positions late yesterday and in the early European transacting time today - as I believe there is further room for the US currency to even accelerate its appreciation across the board.Thu, 11 Sep 2008 09:18:40 GMThttp://www.fxstreet.com/fundamental/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-09-11.htmlhttp://www.fxstreet.com/technical/market-view/currency-speculations/2008-09-11.htmlSince September 2 I've been building a massive long US dollar exposure against the Swiss franc and the Canadian dollar. I added the most recent positions late yesterday and in the early European transacting time today - as I believe there is further room for the US currency to even accelerate its appreciation across the board.Thu, 11 Sep 2008 09:18:40 GMThttp://www.fxstreet.com/technical/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/technical/market-view/currency-speculations/2008-09-11.htmlhttp://www.fxstreet.com/technical/market-view/currency-speculations/2008-09-08.htmlI'm keeping my heavy short sterling exposure via the EUR/GBP.Mon, 08 Sep 2008 14:59:27 GMThttp://www.fxstreet.com/technical/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/technical/market-view/currency-speculations/2008-09-08.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-09-08.htmlI'm keeping my heavy short sterling exposure via the EUR/GBP.Mon, 08 Sep 2008 14:59:27 GMThttp://www.fxstreet.com/fundamental/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-09-08.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-09-02.htmlEarly yesterday I added to my already heavy short sterling positions taken via the EUR/GBP on August 25 and August 28 - and therefore, my exposure in this market is right now at a significant level.Tue, 02 Sep 2008 11:46:43 GMThttp://www.fxstreet.com/fundamental/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-09-02.htmlhttp://www.fxstreet.com/technical/market-view/currency-speculations/2008-09-02.htmlEarly yesterday I added to my already heavy short sterling positions taken via the EUR/GBP on August 25 and August 28 - and therefore, my exposure in this market is right now at a significant level.Tue, 02 Sep 2008 11:46:43 GMThttp://www.fxstreet.com/technical/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/technical/market-view/currency-speculations/2008-09-02.htmlhttp://www.fxstreet.com/technical/market-view/currency-speculations/2008-08-28.htmlIn line with what I reiterated on August 19 , on Monday I finally felt compelled to short sterling via the EUR/GBP - doing so actually for the 4th time since November 12 last year . I increased exposure early this morning - and my position may turn even heavier once the market starts telling me I'm right.Thu, 28 Aug 2008 21:39:13 GMThttp://www.fxstreet.com/technical/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/technical/market-view/currency-speculations/2008-08-28.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-08-28.htmlIn line with what I reiterated on August 19 , on Monday I finally felt compelled to short sterling via the EUR/GBP - doing so actually for the 4th time since November 12 last year . I increased exposure early this morning - and my position may turn even heavier once the market starts telling me I'm right.Thu, 28 Aug 2008 21:39:13 GMThttp://www.fxstreet.com/fundamental/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-08-28.htmlhttp://www.fxstreet.com/technical/market-view/currency-speculations/2008-08-19.htmlEarly last month I assumed the Euro was at the time in a good position to resume its impulsive appreciation against the British pound. That judgment may have been a bit premature - but I still think big-picture fundamentals continue to support the scenario of sterling further losing ground versus the Euro ( as well as the US dollar ). Under certain circumstances I will have no hesitation to place heavy bets against the pound via the EUR/GBP - doing so actually for the 4th time since NovemberTue, 19 Aug 2008 14:15:10 GMThttp://www.fxstreet.com/technical/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/technical/market-view/currency-speculations/2008-08-19.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-08-19.htmlEarly last month I assumed the Euro was at the time in a good position to resume its impulsive appreciation against the British pound. That judgment may have been a bit premature - but I still think big-picture fundamentals continue to support the scenario of sterling further losing ground versus the Euro ( as well as the US dollar ). Under certain circumstances I will have no hesitation to place heavy bets against the pound via the EUR/GBP - doing so actually for the 4th time since NovemberTue, 19 Aug 2008 14:15:10 GMThttp://www.fxstreet.com/fundamental/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-08-19.htmlhttp://www.fxstreet.com/technical/market-view/currency-speculations/2008-08-14.htmlIn yesterday's European transacting time I dumped some relatively small long Dow Jones EURO STOXX 50 and FTSE 100 positions (opened July 21) for a marginal profit. In the absence of an impulsive recovery of the US and European stock markets, I decided I should make all funds available to finance the newly placed US dollar bullish bet .Thu, 14 Aug 2008 13:53:45 GMThttp://www.fxstreet.com/technical/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/technical/market-view/currency-speculations/2008-08-14.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-08-14.htmlIn yesterday's European transacting time I dumped some relatively small long Dow Jones EURO STOXX 50 and FTSE 100 positions (opened July 21) for a marginal profit. In the absence of an impulsive recovery of the US and European stock markets, I decided I should make all funds available to finance the newly placed US dollar bullish bet .Thu, 14 Aug 2008 13:53:45 GMThttp://www.fxstreet.com/fundamental/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-08-14.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-08-08.htmlI felt compelled Tuesday and Wednesday to take heavy long USD/CAD positions at market, whereas yesterday I mentioned that the next currency I'd most likely decide to short versus the US dollar might be the British pound. The question now isn't when and where I want to close the positions - it's when and where I'm going to triple them.Fri, 08 Aug 2008 14:06:14 GMThttp://www.fxstreet.com/fundamental/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-08-08.htmlhttp://www.fxstreet.com/technical/market-view/currency-speculations/2008-08-08.htmlI felt compelled Tuesday and Wednesday to take heavy long USD/CAD positions at market, whereas yesterday I mentioned that the next currency I'd most likely decide to short versus the US dollar might be the British pound. The question now isn't when and where I want to close the positions - it's when and where I'm going to triple them.Fri, 08 Aug 2008 14:06:14 GMThttp://www.fxstreet.com/technical/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/technical/market-view/currency-speculations/2008-08-08.htmlhttp://www.fxstreet.com/technical/market-view/currency-speculations/2008-08-07.htmlAfter having built massive long USD/CAD positions over the last 48 hours, the next currency I'd most likely decide to short versus the US dollar may be the British pound.Thu, 07 Aug 2008 14:20:03 GMThttp://www.fxstreet.com/technical/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/technical/market-view/currency-speculations/2008-08-07.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-08-07.htmlAfter having built massive long USD/CAD positions over the last 48 hours, the next currency I'd most likely decide to short versus the US dollar may be the British pound.Thu, 07 Aug 2008 14:20:03 GMThttp://www.fxstreet.com/fundamental/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-08-07.htmlhttp://www.fxstreet.com/technical/market-view/currency-speculations/2008-08-05.htmlToday I feel compelled to once again start testing the scenario of an accelerating appreciation of the US dollar against the Canadian currency being underway. I may be facing one of the most important market bets of the year.Tue, 05 Aug 2008 13:54:41 GMThttp://www.fxstreet.com/technical/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/technical/market-view/currency-speculations/2008-08-05.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-08-05.htmlToday I feel compelled to once again start testing the scenario of an accelerating appreciation of the US dollar against the Canadian currency being underway. I may be facing one of the most important market bets of the year.Tue, 05 Aug 2008 13:54:41 GMThttp://www.fxstreet.com/fundamental/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-08-05.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-08-04.htmlMy most recent attempt to take benefit of a depreciating yen failed again, as a long AUD/JPY position opened July 21 at 104.40 was stopped out last week at about 101.50. I also dumped a long AUD/NZD bet (opened July 21) near breakeven. On the other hand I'm keeping a long European stocks exposure, although the positions involved are rather small.Mon, 04 Aug 2008 14:13:34 GMThttp://www.fxstreet.com/fundamental/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-08-04.htmlhttp://www.fxstreet.com/technical/market-view/currency-speculations/2008-08-04.htmlMy most recent attempt to take benefit of a depreciating yen failed again, as a long AUD/JPY position opened July 21 at 104.40 was stopped out last week at about 101.50. I also dumped a long AUD/NZD bet (opened July 21) near breakeven. On the other hand I'm keeping a long European stocks exposure, although the positions involved are rather small.Mon, 04 Aug 2008 14:13:34 GMThttp://www.fxstreet.com/technical/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/technical/market-view/currency-speculations/2008-08-04.htmlhttp://www.fxstreet.com/technical/market-view/currency-speculations/2008-07-30.htmlI'm still holding the positions highlighted last Friday - even though their consolidated result may have relatively little impact to my trading accounts.Wed, 30 Jul 2008 19:27:55 GMThttp://www.fxstreet.com/technical/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/technical/market-view/currency-speculations/2008-07-30.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-07-30.htmlI'm still holding the positions highlighted last Friday - even though their consolidated result may have relatively little impact to my trading accounts.Wed, 30 Jul 2008 19:27:55 GMThttp://www.fxstreet.com/fundamental/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-07-30.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-07-25.htmlI will be holding (over the weekend, at the very least) long AUD/NZD, long AUD/JPY and long Dow Jones EURO STOXX 50 bets placed early Monday .Fri, 25 Jul 2008 18:22:09 GMThttp://www.fxstreet.com/fundamental/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-07-25.htmlhttp://www.fxstreet.com/technical/market-view/currency-speculations/2008-07-25.htmlI will be holding (over the weekend, at the very least) long AUD/NZD, long AUD/JPY and long Dow Jones EURO STOXX 50 bets placed early Monday .Fri, 25 Jul 2008 18:22:09 GMThttp://www.fxstreet.com/technical/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/technical/market-view/currency-speculations/2008-07-25.htmlhttp://www.fxstreet.com/technical/market-view/currency-speculations/2008-07-20.htmlI'm once again contemplating the possibility of the Japanese yen being on the verge of further losing ground versus the other major currencies. I'm also of the opinion that the main US and European stock markets may have already found an interim bottom. On the other hand, I'll be watching out for the Australian dollar breaking out even higher against the New Zealand counterpart - an event which, I think, may take place over the following hours.Sun, 20 Jul 2008 22:23:28 GMThttp://www.fxstreet.com/technical/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/technical/market-view/currency-speculations/2008-07-20.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-07-20.htmlI'm once again contemplating the possibility of the Japanese yen being on the verge of further losing ground versus the other major currencies. I'm also of the opinion that the main US and European stock markets may have already found an interim bottom. On the other hand, I'll be watching out for the Australian dollar breaking out even higher against the New Zealand counterpart - an event which, I think, may take place over the following hours.Sun, 20 Jul 2008 22:23:28 GMThttp://www.fxstreet.com/fundamental/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-07-20.htmlhttp://www.fxstreet.com/technical/market-view/currency-speculations/2008-07-15.htmlI hesitated to go short the US dollar last night, and I hesitated to place a bullish bet on the main US stock indexes a couple of hours ago right at day's close. But then again, I can still allow myself the great luxury of waiting.Tue, 15 Jul 2008 21:58:56 GMThttp://www.fxstreet.com/technical/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/technical/market-view/currency-speculations/2008-07-15.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-07-15.htmlI hesitated to go short the US dollar last night, and I hesitated to place a bullish bet on the main US stock indexes a couple of hours ago right at day's close. But then again, I can still allow myself the great luxury of waiting.Tue, 15 Jul 2008 21:58:56 GMThttp://www.fxstreet.com/fundamental/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-07-15.htmlhttp://www.fxstreet.com/technical/market-view/currency-speculations/2008-07-11.htmlI think the Euro is now in a good position to resume its impulsive appreciation against the British pound. I'm almost prepared to bet against sterling via the EUR/GBP for the 4th time since November 12 last year .Fri, 11 Jul 2008 10:59:57 GMThttp://www.fxstreet.com/technical/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/technical/market-view/currency-speculations/2008-07-11.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-07-11.htmlI think the Euro is now in a good position to resume its impulsive appreciation against the British pound. I'm almost prepared to bet against sterling via the EUR/GBP for the 4th time since November 12 last year .Fri, 11 Jul 2008 10:59:57 GMThttp://www.fxstreet.com/fundamental/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-07-11.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-07-08.htmlI remain aside for the time being, but have my eyes zooming in a wide series of a global markets - out of which the Canadian dollar continues to stand upfront.Tue, 08 Jul 2008 21:11:50 GMThttp://www.fxstreet.com/fundamental/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-07-08.htmlhttp://www.fxstreet.com/technical/market-view/currency-speculations/2008-07-08.htmlI remain aside for the time being, but have my eyes zooming in a wide series of a global markets - out of which the Canadian dollar continues to stand upfront.Tue, 08 Jul 2008 21:11:50 GMThttp://www.fxstreet.com/technical/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/technical/market-view/currency-speculations/2008-07-08.htmlhttp://www.fxstreet.com/technical/market-view/currency-speculations/2008-07-03.htmlIt's intriguing how well supported some yen crosses have stayed recently, despite the US and particularly the Japanese stock market's losses. After dumping a heavy short yen exposure earlier this week - as short-term adverse fluctuations could have brought me severe equity drawdowns - I may pop back in favoring long CHF/JPY and EUR/JPY positions. I'm also considering going long the Euro against the British pound - it'd be for the 4th time since last November.Thu, 03 Jul 2008 10:26:56 GMThttp://www.fxstreet.com/technical/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/technical/market-view/currency-speculations/2008-07-03.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-07-03.htmlIt's intriguing how well supported some yen crosses have stayed recently, despite the US and particularly the Japanese stock market's losses. After dumping a heavy short yen exposure earlier this week - as short-term adverse fluctuations could have brought me severe equity drawdowns - I may pop back in favoring long CHF/JPY and EUR/JPY positions. I'm also considering going long the Euro against the British pound - it'd be for the 4th time since last November.Thu, 03 Jul 2008 10:26:56 GMThttp://www.fxstreet.com/fundamental/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-07-03.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-07-01.htmlThere've been some very tough 36 hours. First off, I hesitated to dump the entire short yen exposure as soon as Sunday evening, and that cost me dearly. Eventually I liquidated about one third of that exposure yesterday, and the rest of it I did a few minutes ago at far more advantageous levels. I also left behind the sizable long USD/CAD position taken on June 10, half of it yesterday and half of it this morning. The entry timing happened to be unfortunate, minutes before Canada'sTue, 01 Jul 2008 07:32:23 GMThttp://www.fxstreet.com/fundamental/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-07-01.htmlhttp://www.fxstreet.com/technical/market-view/currency-speculations/2008-07-01.htmlThere've been some very tough 36 hours. First off, I hesitated to dump the entire short yen exposure as soon as Sunday evening, and that cost me dearly. Eventually I liquidated about one third of that exposure yesterday, and the rest of it I did a few minutes ago at far more advantageous levels. I also left behind the sizable long USD/CAD position taken on June 10, half of it yesterday and half of it this morning. The entry timing happened to be unfortunate, minutes before Canada'sTue, 01 Jul 2008 07:32:23 GMThttp://www.fxstreet.com/technical/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/technical/market-view/currency-speculations/2008-07-01.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-06-29.htmlI keep the developments in the US and Japanese stock markets under very close scrutiny, as I continue to hold on to a heavy short yen exposure which I started to build late last month. The very next hours, I believe, will be key toward deciding whether to hold further or rather start liquidating.Sun, 29 Jun 2008 21:31:36 GMThttp://www.fxstreet.com/fundamental/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/fundamental/market-view/currency-speculations/2008-06-29.htmlhttp://www.fxstreet.com/technical/market-view/currency-speculations/2008-06-29.htmlI keep the developments in the US and Japanese stock markets under very close scrutiny, as I continue to hold on to a heavy short yen exposure which I started to build late last month. The very next hours, I believe, will be key toward deciding whether to hold further or rather start liquidating.Sun, 29 Jun 2008 21:31:36 GMThttp://www.fxstreet.com/technical/market-view/mihainichisoiu@gmail.com (Mihai Nichisoiu)http://www.fxstreet.com/technical/market-view/currency-speculations/2008-06-29.html