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hisah		#1141 Posted : Thursday, July 28, 2011 3:04:08 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Perhaps an act of bravery this. Taking a small short position of NZDUSD @0.8720, SL @0.8810, TP - no target for now. The daily, weekly and monthly RSI is so overstretched! Now I sit tight and wait to see how Aug 2nd plays out. This is a very risky trade with all the US debt drama theatrics going on... As for the euro tanking today, Italian bond auction fails to get bids... Italian bank stocks still getting clobbered. EURCHF - this one will fall very hard soon! 1.12 is on the cards looking the CHF funds flow... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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fxtech		#1142 Posted : Thursday, July 28, 2011 11:48:53 PM
Rank: Member Joined: 5/31/2010 Posts: 325 Location: NAIROBI		@hisah dont worry also SHORT NZDUSD for an open objective untill end late fri or early next week before the US market shaker. but will monitor very closely watching weekly n monthly close on EURUSD, Discipline & sticking to your strategy even when you loosing defines great traders.
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hisah		#1143 Posted : Friday, July 29, 2011 5:44:34 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		fxtech wrote: @hisah dont worry also SHORT NZDUSD for an open objective untill end late fri or early next week before the US market shaker. but will monitor very closely watching weekly n monthly close on EURUSD, So u are also on NZDUSD short heroics As for EURUSD, 1.45 - 1.46 monthly close is required to negate selling pressure. Today is the final trading day for July, quite some acreage to cover. Aug 2nd is next Tuesday... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Ceinz		#1144 Posted : Friday, July 29, 2011 3:56:47 PM
Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility		Dollar clobbered, EUR, GBP, JPY and NZD gain on weAk us gdp results. Dollar gains again cad. check the crazy pip movement on eurcad... “small step for man”
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Ceinz		#1145 Posted : Friday, July 29, 2011 4:05:43 PM
Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility		Ceinz wrote: My week give away. Lots of uncertainity this week. There will be crazy volatility, the comdolls recent bull moves will be checked. I'll be betting only on the sure risk aversion currency CHF. The week coming to an end, review of my week give away. swiss franc will close higher against most majors than the week open. Being long on swissy alone would have earned handsome pips. “small step for man”
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hisah		#1146 Posted : Saturday, July 30, 2011 9:26:51 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		hisah wrote: Perhaps an act of bravery this. Taking a small short position of NZDUSD @0.8720, SL @0.8810, TP - no target for now. The daily, weekly and monthly RSI is so overstretched! Now I sit tight and wait to see how Aug 2nd plays out. This is a very risky trade with all the US debt drama theatrics going on... As for the euro tanking today, Italian bond auction fails to get bids... Italian bank stocks still getting clobbered. EURCHF - this one will fall very hard soon! 1.12 is on the cards looking the CHF funds flow... For a moment there NZDUSDshort was doing fine, now under water. USDCHF collapses as per my expectation to 0.78xx zone, bears still in control. But selling at this extreme level is too risky. EURCHF clears all buy stops on its way sub 1.14. CME margin hike didn't have enough steriods. Still scope to test 1.12 at which point the masters get very pissed and use untested steriods... @ceinz - that EURCAD move was on steriods CAD will be sold due to its neighbor's issues USDJPY below 77 enroute to 75 means a yen short bazooka is about to be launched. There will be massive moves with all the extremes (one sided trades). All times highs & lows always point to volatile turn arounds aka sharp corner ahead... Extreme highs - AUD, NZD, CAD, SGD, CNY, HKD, JPY, Gold. Extreme lows - USD $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah		#1147 Posted : Saturday, July 30, 2011 10:50:49 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Gold weekly chart - http://i657.photobucket....293/bigelkhorn/vftrn.png $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah		#1148 Posted : Monday, August 01, 2011 6:35:37 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		NZDUSD short taken on Thursday stopped out - $90 loss. Will still look for another shorting opportunity above 0.90 as per monthly upper bollinger band. AUDUSD still stuck at critical zone by 1.10 (multi year highs). Bulls need to break above 1.11 to continue buy momentum. AUDCAD back at multi year highs. Critical zone for bulls & bears. Breaking 1.06 opens 1.08 - 1.10 targets. CHF still going strong against USD, EUR & GBP. At some point AUD, NZD & CHF will be sold, extreme buying. So I'm looking for shorts on these currencies going forward. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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fxtech		#1149 Posted : Monday, August 01, 2011 8:45:43 AM
Rank: Member Joined: 5/31/2010 Posts: 325 Location: NAIROBI		will AUDUSD BREAK above 1.1, EURUSD looks headed higher, EURAUD, EURCAD also looking good Bull bets Discipline & sticking to your strategy even when you loosing defines great traders.
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hisah		#1150 Posted : Monday, August 01, 2011 4:40:55 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		EURCHF - as per expectations collapses to 1.12 zone. selling overdone, but strong momentum. USDCHF - sub 0.77 soon - selling overdone, but strong momentum. USDJPY - after rallying on fumes in Asia to 78, massive selling ensues back under 77. Now about to take out 2011 lows. Jap Fin Minister - Noda statements today were dovish. Bears are now calling the BoJ yen short bazooka threat a bluff. Fireworks soon... USDSGD - sub 1.20 yet again, but bears not convincing. Bears need to breakdown 1.19 to regain momentum. USDZAR - back in the 6.6x zone. I'm being tempted to test a long @6.61x. Will activate this in Asia tonite or London session tomorrow. Aug 2nd makes it tricky, but the SA CB seems to have put a floor on the rand at 6.61 vs USD. Silver trade still heavy after losing $40 handle. This is a risk free trade, will let the SL get hit and won't close it. Update on CHF -> Bearly after posting the above, USD, EUR and GBP breakdown in a disorderly fashion against CHF. GBPCHF down a massive 400pips! What the heavens?!! Ulcers central this one?!! EURCHF - 300pips down and also aiming for 400pips dive. Tomorrow must be a very spooky day - this Aug 2nd date... SNB and CME must be bitterly cursing - http://www.youtube.com/w...nOg&feature=related USDJPY finally takes out March 2011 lows when Jap was hit by a massive earthquake. The way the dollar, euro and pound are breaking down vs the yen and swissie points to overheating funds flow tension... Sit tight. No trading here... On stocks - S&P500 breaks below Friday's close, selling pressure on... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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