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hisah		#1051 Posted : Wednesday, July 06, 2011 8:29:59 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Trade update - closed CADJPY at market for a measly 40pips. Strange that yen crosses are dead, zero momentum up or down!? Gold & silver back in the green. Still holding the large EURCAD short - almost a month now. Euro is still a sell, no momentum up unless ching buy or interventions. Pathetic to say the least. Interesting to note EURCHF is retracing SNB's steriods in just 3 trading days! 1.200 is approaching. Then anatha steriod jab will be injected. In fx it is legal to take booster drugs to win a race Oil wants to rally... Update - EURCAD long term. Very dicey for euro bulls... http://www.zerohedge.com...eroot/draghi/EURCAD.jpg $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah		#1052 Posted : Wednesday, July 06, 2011 5:55:57 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		And just like that EURCHF breaks below 1.2000. 300pips of SNB intervention wiped out in 3 trading days! Pathetic. SNB must have used the generic steriods instead... Anyway 1.15 - 1.18 is the intervention zone for the euro bulls... Qw - Please watch the Portugal and Italian CDS sparks... When the PIIGS CDS sparks cool off, long euro will be safe... For now, avoid it unless if you buying with the ching masters or know the interventionists personally Waiting for USDZAR and USDSGD to break below 6.61 and 1.22 is taking the loooongest time... I'm running out of patience... Need them down there to go long!? $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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QW25071985		#1053 Posted : Wednesday, July 06, 2011 7:01:26 PM
Rank: Veteran Joined: 3/25/2011 Posts: 946		i cannot complain about today @hisah...nice move. i had to ditch my euro bull cap though... looking at eurodollar daily chart 100 ma has provided support ALLOT of times.and fall to that place is a chance to buy more....
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QW25071985		#1054 Posted : Thursday, July 07, 2011 8:06:56 PM
Rank: Veteran Joined: 3/25/2011 Posts: 946		QW25071985 wrote: i cannot complain about today @hisah...nice move. i had to ditch my euro bull cap though... looking at eurodollar daily chart 100 ma has provided support ALLOT of times.and fall to that place is a chance to buy more.... i hope u took my advice and awaaaaaaaaaaaaaaay the euro goes.already plus 70 pip in profit.i hope nfp doesnt spoil the party tomorrow.
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hisah		#1055 Posted : Thursday, July 07, 2011 8:22:37 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		QW25071985 wrote: QW25071985 wrote: i cannot complain about today @hisah...nice move. i had to ditch my euro bull cap though... looking at eurodollar daily chart 100 ma has provided support ALLOT of times.and fall to that place is a chance to buy more.... i hope u took my advice and awaaaaaaaaaaaaaaay the euro goes.already plus 70 pip in profit.i hope nfp doesnt spoil the party tomorrow. Laughable to say the least... Because: - 1. ECB hikes interest rates by 25bps (expected) with a crappy debt scenario. Just to convince the markets all is well. Pathetic... 2. ECB Suspends Rating Requirement For Portuguese Collateral. 3. Portugal's Bank Association chief says country's rating cut to have no practical impact on Bank's ECB financing. 4. Not forgetting the interventionists aka SNB via EURCHF. Below 1.20 all the way to 1.1950 and in comes the steriod booster jab and we back at 1.21. So bullish I expect to get my loot on EURCAD short 200% even as the flowery language circus continues from those that think they control the market $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah		#1056 Posted : Saturday, July 09, 2011 9:17:01 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		EURCHF - The steriods aint working at all. 1.15 - 1.16 should get SNB going for an OD injection on EURCHF to force the steriods to work on this junkie cross. Someone has another view on the same. http://www.dailyfx.com/f...8.2_Fibo_at_1.1930.html @ceinz - EURGBP rejected by .90xx again Next week ching report Q2 GDP. I'm waiting to see the inflation effect. Next Friday 15th, EBA presents eurozone bank stress test results. This is a euro bull springboard. Failure to launch means the euro sells off heavily. @Qw get ready Gold/silver up and gone with NFP bad surprise continuation. I wonder why the market is surprised with the US econ onions... Minnesota state gubberment is shutdown as of July 1st... COT's report shows futures on aussie contracts swelled as traders pile up against the dollar. Buying AUDKES or CHFKES is looking easy. @guru is on aussie while I prefer the swissie. NZDUSD all time highs. Retail shorts double. Retail shorts getting squeezed. I'll say it again. If Fed bank launches another USD paper printing scheme aka QE3.0, this cross will hit 1.10. If one was to bet on 1 lot size, 20k gains would easily land in ur account... Still holding on EURCAD short. It is a month old today with a nice red candle... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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QW25071985		#1057 Posted : Saturday, July 09, 2011 11:41:06 AM
Rank: Veteran Joined: 3/25/2011 Posts: 946		Thats a resilient euro. to say the least... that 100 sma on daily chart on e/u must be the line on the sand for the bulls..We are still in that triangle consolidation on daily chart..this is getting very interesting..
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hisah		#1058 Posted : Sunday, July 10, 2011 6:54:40 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		So this week Italy CDS will be the news. Too predictable this banksters game... @Qw - the euro is indeed 'steely' resilient... ECB will need a pipeline of steriods and not a mere syringe... The dollar swan song is also coming... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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QW25071985		#1059 Posted : Sunday, July 10, 2011 6:58:02 PM
Rank: Veteran Joined: 3/25/2011 Posts: 946		a two month long peanut on euro dollar needs to be resolved and the ensuing volatility will be BIG !!!!!!!!!!!!!!!!!!! http://www.actionforex.c...tors/fxa/2011070811.gif @ hisah . Donot even dare to short if it bursts to the upside
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hisah		#1060 Posted : Sunday, July 10, 2011 7:04:39 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		QW25071985 wrote: a two month long peanut on euro dollar needs to be resolved and the ensuing volatility will be BIG !!!!!!!!!!!!!!!!!!! http://www.actionforex.c...tors/fxa/2011070811.gif @ hisah . Donot even dare to short if it bursts to the upside I don't trade the ugly sisters cross aka EURUSD. If this were a perfect world this cross and EURCHF should have been suspended. The euro is currently suffering from junckeritis if you know juncker that is... Oh, I'm already short the euro - EURCAD - a whole month now, remember... Update - forgot to say I'm adding Unicredit Spa (Italian bank) to my bad bank lists that need to be shorted via options... The other 2 - credit agricole and Dexia still remain as short candidates. On a lighter note, a "Berlusconi put" would also be profitable as he gets kicked out... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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