Currency Trading - Strategies for the Global Markets

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Hani Zaitoun Premium Member
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Introduction - Hani Zaitoun - SHUAA Capital
Dear Members,

I personally trade the currency markets, with about 1 year's experience, pretty young on that front, and would like to share ideas and trading strategies to learn more and develop my skills.

On another front I have been a corporate banker for over 10 years working on both SME and Large Corporates in both Lebanon and Dubai. During this year I joined SHUAA Capital on their equities and debt sales team for the MENA region. We mainly focus on listed equities in all GCC, Lebanon, Palestine, Jordan, Tunisia, Morroco Jordan and Egypt and debt issuance for companies within these countries.

The drop in the UK Pound has been significant and we can conclude some additional weakness would come along in the coming months since this is the begining of a decline. The dollar seems to be holding its ground so far and investors are not moved much on negative info with regards to US. Although the gold was slightly up and the oil today we can see the dollar still holding the 1.49.

Just to share with you some of my trades today;
SHORT UK Pound /USD at above 1.87 trageting 1.865
This post was modified on 14 Aug 2008 at 01:29 pm.
- 14 Aug 2008, 1:28 pm
Hani Zaitoun wrote: > Dear Members, > > I personally trade the currency markets, with about 1 year's > experience, pretty young on that front, and would like to share ideas > and trading strategies to learn more and develop my skills. > > On another front I have been a corporate banker for over 10 years > working on both SME and Large Corporates in both Lebanon and Dubai. > During this year I joined SHUAA Capital on their equities and debt > sales team for the MENA region. We mainly focus on listed equities in > all GCC, Lebanon, Palestine, Jordan, Tunisia, Morroco Jordan and > Egypt and debt issuance for companies within these countries. > > The drop in the UK Pound has been significant and we can conclude > some additional weakness would come along in the coming months since > this is the begining of a decline. The dollar seems to be holding its > ground so far and investors are not moved much on negative info with > regards to US. Although the gold was slightly up and the oil today we > can see the dollar still holding the 1.49. > > Just to share with you some of my trades today; > SHORT UK Pound /USD at above 1.87 trageting 1.865

Currency Trading - Strategies for the Global Markets

Introduction - Hani Zaitoun - SHUAA Capital