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Old 01-20-2009, 07:29 AM   #2 (permalink)
forexer
 
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Join Date: Jan 2009
Location: Singapore
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How will the USD fair in 1st quarter of 2009?


Hi David,

5hours from now, Obama will take the seat of the White House. Will the USD strengthen against the EUR and GBP? What do you think.

I have a 500k contract EUR/USD buying at 1.29991 and GBP buying at 1.45611.
I'm afraid those will go bearish.

However, i have a 100k contract USD/JPY buying at 89.433. I think this will go bullish.

This, i think will happen if Obama assures the recession status will improve and the world believes.

Please help me... i don't want to have my account balance wiped out...

Hope to hear from you very soon...
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