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Realities of Forex Investment
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Realities of Forex Investment
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karasinga
#3561
Posted :
Monday, November 21, 2016 6:16:43 AM
Rank: Veteran
Joined: 2/26/2015
Posts: 1,147
Been lurking in background following this thread for a good number of weeks. Reading & re reading the posts getting my head around this way of trading as it has turned on its head a lot of what I thought I knew about trading(liquidity). someone once told me wazuan are busy with other markets. Could be it is time i get my feet wet.
eurusd
This looks crazy but is a reasonable expectation i have keeping in mind the bear rally that has been witnessed in the last few weeks.
baby steps...
It's not over until I win
skype id: karasinga. email:
kkarasinga@gmail.com
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Monday, November 21, 2016 6:18 AM |
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lochaz-index
#3562
Posted :
Monday, November 21, 2016 9:28:18 AM
Rank: Veteran
Joined: 9/18/2014
Posts: 1,127
Don't expect any substantial upside from the euro. A few corrections and sucker rallies is the most one can anticipate coz it's is going to be a long way down. Looking forward to seeing a vertical plunge towards the end - that should be epic.
The main purpose of the stock market is to make fools of as many people as possible.
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hisah
#3563
Posted :
Monday, November 21, 2016 12:23:20 PM
Rank: Chief
Joined: 8/4/2010
Posts: 8,977
karasinga wrote:
Been lurking in background following this thread for a good number of weeks. Reading & re reading the posts getting my head around this way of trading as it has turned on its head a lot of what I thought I knew about trading(liquidity). someone once told me wazuan are busy with other markets. Could be it is time i get my feet wet.
eurusd
This looks crazy but is a reasonable expectation i have keeping in mind the bear rally that has been witnessed in the last few weeks.
baby steps...
Welcome @kasaringa. Here we fight daily with the cash market
Unlike stocks, forex moves very fast! Very easy to be wiped out unlike equities.
The euro will of course bounce since the metrics are oversold.
But in this race to the bottom, it should fall the hardest when the final showdown ends.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#3564
Posted :
Monday, November 21, 2016 12:27:34 PM
Rank: Chief
Joined: 8/4/2010
Posts: 8,977
Cornelius Vanderbilt wrote:
hisah wrote:
hisah wrote:
The "Trump" short promises to be a very volatile show when that event risk triggers. Caution to USD bears and the MXN bulls!
5 weeks later the Trump shorts have been taken to the cleaners. Extreme one sided trades always end up in misery. The aftermath has left:
* Yen bulls broken.
* Euro bulls clobbered. When it breaks below parity vs $, the shock won't be funny!
* Gold bulls still stunned that the price is heading sub 1200 instead of 1400 and higher!
* CAD has lost value, but holding up better. But for how long?
* GBP has also held up quite well post Trump, but the Brexit selloff has already pointed where it will land in months to come. Much lower.
* MXN peso has broken down as expected. Most emerging nation currencies had lost vs $ pre Trump. That trend will now accelerate leading to stupid capital controls
The Trump administration will be blamed for the global bond market turmoil.
Get ready for even more crazy monetary experiments by the G20 CBs as they fight this USD dragon!
The end game is getting clearer now. A new reserve currency system is coming.
well eurousd bulls have a chance to really rally up the price for years to come.below is along term eurousd chart price approaching the long term rising trendline
If the EUR$ fails to close the year above 1.0850, the fall will be sharp!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#3565
Posted :
Monday, November 21, 2016 4:34:53 PM
Rank: Chief
Joined: 8/4/2010
Posts: 8,977
Anyone seen GBP$ spiking 100 pips from 1.24 to 1.25 handle a few minutes ago!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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alutacontinua
#3566
Posted :
Monday, November 21, 2016 6:42:56 PM
Rank: Member
Joined: 3/23/2011
Posts: 304
hisah wrote:
Anyone seen GBP$ spiking 100 pips from 1.24 to 1.25 handle a few minutes ago!
https://twitter.com/nane...atus/800706150958329856
Looks like there were massive stops popped on that move...watched it play out on the beast
You dont have to be great to START but you have to start to be GREAT!!!!!!!!
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alutacontinua
#3567
Posted :
Thursday, November 24, 2016 8:50:25 AM
Rank: Member
Joined: 3/23/2011
Posts: 304
6 Reasons to start unwinding USD/JPY Longs into Year end - Nomura
https://www.efxnews.com/...g-longs-year-end-nomura
I agree with the 2nd reason in the article and have also been pondering on the December FOMC rate hike as a buy the rumor sell the fact event. Any takers on this view???
$DXY just hit 101.96 with Fed funds futures now pricing in a 98% chance of a rate hike in December.
You dont have to be great to START but you have to start to be GREAT!!!!!!!!
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Swenani
#3568
Posted :
Thursday, December 01, 2016 8:11:06 PM
Rank: User
Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
Kuliendaje leo? GBP/USD
If Obiero did it, Who Am I?
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Cornelius Vanderbilt
#3569
Posted :
Friday, December 02, 2016 8:22:27 AM
Rank: Member
Joined: 8/15/2015
Posts: 817
alutacontinua wrote:
6 Reasons to start unwinding USD/JPY Longs into Year end - Nomura
https://www.efxnews.com/...g-longs-year-end-nomura
I agree with the 2nd reason in the article and have also been pondering on the December FOMC rate hike as a buy the rumor sell the fact event. Any takers on this view???
$DXY just hit 101.96 with Fed funds futures now pricing in a 98% chance of a rate hike in December.
agreed. usd/jpy cannot run forever on trump optimism
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Swenani
#3570
Posted :
Friday, December 02, 2016 9:45:14 PM
Rank: User
Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
hisah wrote:
Caution GBP bulls... Nasty nosedive ahead!
viagra!!!
Analyst said we will be at 1.20 in Dec, now we are at 1.27 on 02nd Dec the year of our Lord 2016...Kenyan banks quoting 1.25
If Obiero did it, Who Am I?
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