@passyson @ tonicasert and @all.Hope you day was good. Hope you guys have seen the fall of the GBP/USD hitting at low support levels of 1.8773!!! i think it was coming,anticipation of the weak economic data,posted by the employment rate forecasts and the BOE GDP estimates. It was around 135 pips if you would have gone short.Wow!! it was so nice i only estimated around 65 pips down with the economic data following,not bad for a guy shorting the GBP/USD from morning!!! I hope wazee mumepata hiyo cake kidogo ya leo.
It seems the commodities driven currencies are still feeling the heat though they are trying to pull themselves. USD/CAD how do see their movements in relationship? I know there are small dollars wazee to give a good take.Where is @passyson,@tonicasert.

A looming japanese downturn guys!!! Fear of reccesion??


@NGAATU

EDSAS has made no trade today. However,because of the preponderance of longs on the EURUSD over last night,we earned about USD 400 in premium for overnight positions.

How many fellows want to become money managers?

@alala
What do you mean by money managers?please elaborate so that we can also understand cause i am managing my own account and i think i am a money manager.Ama you mean employing a trader to manage funds??
How much are you willing to part in a month?? Maybe it could be given a sjot by people like us,cause the experinced guys around here wont take that as they have abilities of generating more,sasa kwa sisi wadogo we can give it a shot What are your qualifications in a person becoming your money manager?

How that your EDSAS did not make bucks jana,and the fundamentals milked comfortably?
@ NGAATU @passyson @tonicasert you need to set a place where we could help each other i think you have more information and we could also add and we could help each other in making more money.I support your move @passyson

HARD WORK,HARD WORK HARD WORK

@passyson
I think that is not a bad target as the retail sales were not as bad as the economic forecasts of united kingdom.Your targets of 50 - 80 pips will be cool and you've already hit 20 pips already that is a right direction pending unveiling of more economic trends.I short traded the GBP/USD during the morning session as my fundamentals(when the U.K economic data went mad)drove strongly down and managed to coup around 67 pips though it went to almost 114 pips under currently am out of it but shorting it for small pips aint that bad.

Am looking at the EUR/USD,USD/CHF and using USD/JPY to hedge myself. still waiting for some trends and data but i think targeting small pips you may go short on EUR(taking into account the volatility).
USD/JPY there is a fear of slowdown ( the japanese exports data are extremely weak due to the past effect of the weak USD which hampered their exports levels and its heavily relying on the B.O.P.Looking at its behaviour but i just went long some times ago and managed about 55 pips but still looking at it. How are small dollars doing?

The SK page is absolutely very slow to load its even boring,naona iko shida mahali.

@NGAATU

Morning all!

Nice call on GBPUSD @Passyon,Ngaatu yesterday. Had a busy day,so just did one scalp trade for 20pips.

Majors are still getting a beating with concerns of growth rate,unemployment and general recession. Gold and oil are marginally up. With Russia advancing towards Tbilisi,in Georgia,and Bush+Rice raising their concerns yesterday for such advance,am not sure what direction the market will take today. May just scalp on the 5,15 and 30 min charts.

Off the cuff: In moments like these,one can appreciate forex trading when NSE is in a bear run. Though stocks are a good divestiture,times like these call for us to either sit and watch (if you have no extra funds),or add on shares that are going at a bargain price (if you have some extra dime).

Stockskenya of late is loading pretty slowly and the way I was starting to enjoy the new fraternity of traders. Too slow for my patience. Hope something will be done. Its an excellent site we all learn from.