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Realities of Forex Investment
hisah
#1201 Posted : Tuesday, August 09, 2011 3:32:06 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Cde Monomotapa wrote:
@hisah..what r ur expectations out of Uncle Ben & The Toners band. QE.3 or non? The probable scenarios both ways?



The Bernanke will most probably disappoint today during FOMC. Reason being, the markets are still not bloody enough to force public outcry for QE3.0. Remember in Sept 2008 the world felt like it was ending, we are not there yet! Another 10 - 15% down on global stocks and LIBOR or EURIBOR going bananas will feel like it, then the super speed inkjets will be unleashed in a coordinated global printing spree. For now think of it like they're filling up the toners for tons of printing coming soon.


$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#1202 Posted : Tuesday, August 09, 2011 3:34:53 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
fxtech wrote:
AUD gaining grouuuund across the board, AUDUSD myt move higher short-term, AUDJPY bullish and EURAUD berish as frm 1.4044


Short term yes, medium to long term, the structure is bearish. The easy money is now on the short side.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#1203 Posted : Tuesday, August 09, 2011 4:16:28 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
CHF continues its rhino charge... SNB totally outgunned. I can see a white flag for now. But when the interventionist has regained wind, expect the CHF crosses (esp USDCHF, GBPCHF and EURCHF) to rally a massive 500pips in a day!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#1204 Posted : Tuesday, August 09, 2011 7:50:45 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
JP Morgue was sold by smart money on July 14... Since July 22 its been a global market tanking paradise. Comprehende...

http://www.youtube.com/watch?v=0aXIE-2BbeA

Coming up next, gold. Yes, that metal will be sold with sizable corrections soon!

Closed at market @38.10 the XAG/USD trade taken on June 30th @34.90. $40 level has rejected this thing 4 times now even with panic central. This thing is going down! For now I quit on silver, but I still expect this metal to explode above $50 in the near future. The positioning of COMEX physical silver delivery is quite a concern and in future, the COMEX may default! That will be the day the prices go bananas...

https://images.angelpub..../9828/aug-2011-comex.png
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#1205 Posted : Tuesday, August 09, 2011 9:59:17 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
As FOMC event passes without bringing any party gifts, just sombre trader get well wishes cards, markets equally slide in response.

Oh my! CHF bulls! Eh, meant rhinos! What the heavens. Is that EURCHF down almost 700pips??? EURCHF is aiming for parity??? ECB & SNB will have issues with panic central antsy traders. Should EURIBOR spike, things will get very ugly... Euro credit crunch coming up...

US 10yr note at 2009 lows - 2.03%. Bond market abt to kaboom...!

Update - And as EURCHF was about to take out parity down to 1.0060s, boom it flies to 1.02s - 200pips immediately! Casino royale. This street fight is the bloodiest; 4 weeks & counting. I like good fights.
Meanwhile USDJPY now threating with new all time lows aiming sub 76. BOJ vs yen bulls main event coming up next...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#1206 Posted : Wednesday, August 10, 2011 7:16:57 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Trade update - USDSGD short stopped out @breakeven. The volatility smile

USDJPY hanging by a shoe string. I can see scope of it hitting the bunkers @70. At that level I'll go long and ride the fireworks. Shorting the fall is profitable, but a yen missile could be sniped by BOJ, killing your account. This is a street fight, so no rules apply!?

Today CHF bulls are defensive. The technicals of gold & CHF crosses are horribly broken. Large corrections & rebounds coming up in the next 3 - 6 weeks. Long term trend remains up for gold and down for CHF crosses.

AUDUSD & NZDUSD recovering nicely, but no more all time highs. Those are distant barriers. If they retrace 50-78% levels, bears will come out in gangs smile
EURUSD was unaffected by panic central, this is the next candidate on panic central round 2.

Global stocks too will rebound, but no more highs for the year. Large rebounds will be sold going forward.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#1207 Posted : Wednesday, August 10, 2011 8:31:29 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
hisah wrote:

US 10yr note at 2009 lows - 2.03%. Bond market abt to kaboom...!


This 10yr note will spiral out of control soon...

Meanwhile USDJPY is still cliff-hanging for 12hrs now. Very courageous that 76 support, but when it caves in, @70 is the stop!

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#1208 Posted : Wednesday, August 10, 2011 8:38:45 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
hisah wrote:
@Fxtech - very nice trade on NZDUSD - It has fallen very hard from all time highs... Is it about to do an aussie...


This was post 1072... Indeed the kiwi did an aussie in a more dramatic fashion... While aussie did another aussie collapse...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
fxtech
#1209 Posted : Thursday, August 11, 2011 10:52:10 AM
Rank: Member

Joined: 5/31/2010
Posts: 325
Location: NAIROBI
SHORT AUDUSD @1.0274 SL 1.0305 TP 1.0120

WL be looking to enter LONG CHFJPY FRM 104.20 area.
Discipline & sticking to your strategy even when you loosing defines great traders.
fxtech
#1210 Posted : Thursday, August 11, 2011 1:29:06 PM
Rank: Member

Joined: 5/31/2010
Posts: 325
Location: NAIROBI
GPBCHF SHORT Opportunity might materialise by 4pm local time.
Discipline & sticking to your strategy even when you loosing defines great traders.
396 Pages«<119120121122123>»
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