wazua Fri, Aug 8, 2025
Welcome Guest Search | Active Topics | Log In

198 Pages«<5051525354>»
Realities of Forex Investment
alutacontinua
#1021 Posted : Thursday, June 16, 2011 2:43:55 PM
Rank: Member


Joined: 3/23/2011
Posts: 304
Australian market slumps to a 10month low. Interesting to note that Moody’s rating agency placed three French banks, BNP Paribas, Societe Generale and Credit Agricole, on review for a downgrade because of their exposure to Greek government bonds and the private sector.
http://au.news.yahoo.com...-wiped-off-stock-market/
You dont have to be great to START but you have to start to be GREAT!!!!!!!!
hisah
#1022 Posted : Thursday, June 16, 2011 6:49:53 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
EU officials are now a chatter box. My RSS feed is going nuts... If EU officials shut up & let one person speak the tension would ease.

Such a circus today...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#1023 Posted : Friday, June 17, 2011 12:11:20 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
I might get long overweight the british pound if this overhaul is for real...

http://www.sbs.com.au/ne...UK-starts-bank-overhaul

Rumour of the day - QE3.0 may push AUDJPY to 105. That's 2 big figures from the current price!? That is a massive yen devaluation...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#1024 Posted : Sunday, June 19, 2011 1:47:50 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
On July 15 2011 OTC retail traders in US will not be able to trade gold & silver as per frank dodd's bill. Already forex.com & saxobank have started notifying clients... So glad I ran away from US brokers.

Now does this mean gold & silver are about to launch a massive parabolic price curve...?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
QW25071985
#1025 Posted : Sunday, June 19, 2011 3:34:37 PM
Rank: Veteran


Joined: 3/25/2011
Posts: 946
What are u saying mr.hisah . That u.s citizens willnt be able to trade gold or silver and yet they cnt open a/c w/ brokers outside of u.s . Is that slavery or what. Now wonder gold and silver have just paused !!!
I agree we might see something huge here interms of price action.
hisah
#1026 Posted : Sunday, June 19, 2011 9:09:55 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
QW25071985 wrote:
What are u saying mr.hisah . That u.s citizens willnt be able to trade gold or silver and yet they cnt open a/c w/ brokers outside of u.s . Is that slavery or what. Now wonder gold and silver have just paused !!!
I agree we might see something huge here interms of price action.


It is not slavery, it is gubberment 101 basics - expectations management to dumb down a chaotic debt event...Pray
As the saying goes, gubberment knows what's better for the mass since the sheep can't think...

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#1027 Posted : Monday, June 20, 2011 8:46:09 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
@Qw - another broker here. If this gets all the way to thelarge brokers, I'll go scouting for the physical metal...

http://www.zerohedge.com.../CMC%20gold%20silver.jpg
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#1028 Posted : Tuesday, June 21, 2011 10:12:41 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Today is Tuesday. So what? I'm waiting for the Greek pretext vote... Which means a euro volatile day. Therefore I'm forced to review the euro trades in place i.e. EURCAD short.

SL for lot size 0.5 placed at 1.4110 from break-even 1.4310 - that should give enough room for a spike up and also leaves me with 1000pips... SL for lot size 1.0 placed at 1.4200, 1000pips.

USDCHF lot size 0.2 long still in place, but looking heavy. I revised the SL last week to break-even so this is risk free.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Ceinz
#1029 Posted : Tuesday, June 21, 2011 9:44:47 PM
Rank: Veteran


Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
Dollar early signs of weakness grossly undermining my earlier assumption that tomorrow FOMC decisions on QE3 will be dollar bullish, especially looking at the euro,gbp and cad. Nonetheless decided to trade the first two contrary to my assumptions,trades now ok and sl moved to break even (Short term trades).
“small step for man”
Ceinz
#1030 Posted : Tuesday, June 21, 2011 9:52:47 PM
Rank: Veteran


Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
-------------------------------------
“small step for man”
ngapat
#1031 Posted : Thursday, June 23, 2011 3:52:37 PM
Rank: Member


Joined: 12/11/2006
Posts: 896
Hurray, my first 200pip profit. sold EURUSD last night @1.4402 and have just exited @1.4196 a whooping 205 pips. My previous record was 122 pips. And the pair is still edging lower
“Invest in yourself. Your career is the engine of your wealth.”
hisah
#1032 Posted : Thursday, June 23, 2011 5:14:09 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
@ngapat - congrats...

@Qw - this euro bull is very quiet... wassup... Pray that Greece don't go belly up. It will make things very greasy... Also the SHIBOR spike from the Ching land aka China is not very encouraging. Watch this too plus the usual Dexia and Credit Agricole's bad banks...

Trade update - got stopped out on the USDCHF. Boy, EURCHF still printing new all time lows... Monthly stochs yet to get oversold, but RSI is oversold. Still more downside - target 1.14 - 1.15.

EURCAD still on course for 1.35. I'm still holding the two shorts until I get my loot...

@fxtech - I hope you're still holding the EURCAD shorts.


Update -- The European Systemic Risk Board (ESRB) is an independent EU body responsible for the macro-prudential oversight of the financial system within the Union. Its seat is in Frankfurt am Main. Its secretariat is ensured by the ECB.

The ESRB contributes to the prevention or mitigation of systemic risks to financial stability in the Union that arise from developments within the financial system. It takes into account macroeconomic developments, so as to avoid periods of widespread financial distress.

The ESRB also contributes to the smooth functioning of the internal market and thereby ensures a sustainable contribution of the financial sector to economic growth.

ESRB has done a damn good job of ensuring the euro is a 'strong' and 'steely' currency... Don't be shocked to see a disorderly fallout... Stay tuned smile

http://www.esrb.europa.eu/home/html/index.en.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#1033 Posted : Monday, June 27, 2011 8:01:08 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
For the last 2 weeks Ching masters have been in the news about buying the euro & supporting the euro circus nations. As long as these chings keep up this buying nonsense stories, the euro is a sell.

Qw - if u call me an alarmist again, I'll short you out to a margin call smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#1034 Posted : Tuesday, June 28, 2011 2:31:49 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Trade update - EURCAD lot size 0.5 short stopped out @1.4110 - 1000 pips bagged... The larger lot is still in play with SL @ 1.4210. Awaiting for the Greece bailout vote to decide on the next trade moves.

Global stocks so far have rebounded on medium term support levels, with momentum turning neutral from bullish...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Cde Monomotapa
#1035 Posted : Tuesday, June 28, 2011 2:40:54 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
*static* what really goes on in here?
Ceinz
#1036 Posted : Tuesday, June 28, 2011 10:13:16 PM
Rank: Veteran


Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
hisah wrote:
Trade update - EURCAD lot size 0.5 short stopped out @1.4110 - 1000 pips bagged... The larger lot is still in play with SL @ 1.4210.


This means that u must have held the trade(s) from around dec 2009/ Jan 2010. You must be a diffent creature altogether.Pray
“small step for man”
Ceinz
#1037 Posted : Tuesday, June 28, 2011 10:15:41 PM
Rank: Veteran


Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
My broker has added oil and stock indices on my meta4. Bigger basket to choose from now.
“small step for man”
Ceinz
#1038 Posted : Tuesday, June 28, 2011 10:20:37 PM
Rank: Veteran


Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
Cde Monomotapa wrote:
*static* what really goes on in here?


Men who have perfected the art of losing and still staying afloat.smile
“small step for man”
Cde Monomotapa
#1039 Posted : Tuesday, June 28, 2011 10:36:13 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Ceinz wrote:
Cde Monomotapa wrote:
*static* what really goes on in here?


Men who have perfected the art of losing and still staying afloat.smile

Ok...even the dialect is different. I am interested in an exchange program. smile
Ceinz
#1040 Posted : Tuesday, June 28, 2011 11:07:40 PM
Rank: Veteran


Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
Cde Monomotapa wrote:

Ok...even the dialect is different. I am interested in an exchange program. smile


From stocks to fx?
“small step for man”
Users browsing this topic
Guest (3)
198 Pages«<5051525354>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2025 Wazua.co.ke. All Rights Reserved.