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Realities of Forex Investment
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
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.
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 smile 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!
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 Sad

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!
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! Think
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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! Think



https://twitter.com/nane...atus/800706150958329856

Looks like there were massive stops popped on that move...watched it play out on the beast Eh? Eh? Eh?
You dont have to be great to START but you have to start to be GREAT!!!!!!!!
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!!!!!!!!
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?
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
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?
karasinga
#3571 Posted : Tuesday, December 06, 2016 9:42:51 AM
Rank: Veteran


Joined: 2/26/2015
Posts: 1,147
EURUSD
my current long term bias is long. Currently taking advantage of the correction (short) as I look for the market to align with the long term order flow

baby steps...
It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
alutacontinua
#3572 Posted : Tuesday, December 06, 2016 11:53:14 AM
Rank: Member


Joined: 3/23/2011
Posts: 304
karasinga wrote:
EURUSD
my current long term bias is long. Currently taking advantage of the correction (short) as I look for the market to align with the long term order flow

baby steps...


Welcome to the fx club @Karasinga keenly watching your progress :)
You dont have to be great to START but you have to start to be GREAT!!!!!!!!
karasinga
#3573 Posted : Tuesday, December 06, 2016 3:40:03 PM
Rank: Veteran


Joined: 2/26/2015
Posts: 1,147
alutacontinua wrote:
karasinga wrote:
EURUSD
my current long term bias is long. Currently taking advantage of the correction (short) as I look for the market to align with the long term order flow

baby steps...


Welcome to the fx club @Karasinga keenly watching your progress :)

hi alutacontinua. thanks for the warm welcome. I am also happy with the progress. at least learning is taking place
UPDATE:

now trade protected BE+10
It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
alutacontinua
#3574 Posted : Wednesday, December 07, 2016 1:08:17 PM
Rank: Member


Joined: 3/23/2011
Posts: 304
https://www.ft.com/conte...als%2Ffeed%2F%2Fproduct

Citi Trader deepened october's pound flash crash.....HFT algos worked overtime during illiquid volume (bidless vacuum). Its interesting how no circuit breakers went off.
You dont have to be great to START but you have to start to be GREAT!!!!!!!!
karasinga
#3575 Posted : Wednesday, December 07, 2016 3:57:10 PM
Rank: Veteran


Joined: 2/26/2015
Posts: 1,147
long term bias is short but taking advantage of a deep correction expected. My thought process on the chart.

baby steps...
It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
karasinga
#3576 Posted : Thursday, December 08, 2016 4:07:35 PM
Rank: Veteran


Joined: 2/26/2015
Posts: 1,147
waiting to short this dragon
It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
alutacontinua
#3577 Posted : Thursday, December 08, 2016 4:15:09 PM
Rank: Member


Joined: 3/23/2011
Posts: 304
@Karasinga hope you got out of your Euro short following the ECB decision on extension of QE. Waiting on Draghi to give some dovish comments....
You dont have to be great to START but you have to start to be GREAT!!!!!!!!
karasinga
#3578 Posted : Thursday, December 08, 2016 4:27:13 PM
Rank: Veteran


Joined: 2/26/2015
Posts: 1,147
alutacontinua wrote:
@Karasinga hope you got out of your Euro short following the ECB decision on extension of QE. Waiting on Draghi to give some dovish comments....

I did. now baby sitting the dragon. not happy with supply at H1(144.518 and 144.328). bears are frustrating the bulls but i think bulls still have a chance.
thanks for your concern.
It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
hisah
#3579 Posted : Thursday, December 15, 2016 6:58:42 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Fed hiked as expected. Focus is now on the E$ to close below 1.0850 for the year to confirm that the E$ will test parity or crash below parity as the $ dragon continues burning currencies globally. This will be tough to watch especially for emerging nations. CBs will burn their reserves trying to fight this dragon. It's time to start praying like Zambia did last year in order to defeat the dragon...!

So between the euro and yen who will blow up their debt into pieces first? The $yen has gained 17 handles from 100 to 117 post election as yen bulls got smashed! The E$ can hardly maintain a bounce post 2015 selloff with EU nations lining up to exit! This is where the brexit detractors will keep quiet and celebrate it!

2017 is posed to start with a bang as volatility picks up. How emerging nations cope with the looming global bond market madness will determine their fate.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
karasinga
#3580 Posted : Thursday, January 05, 2017 6:28:58 PM
Rank: Veteran


Joined: 2/26/2015
Posts: 1,147
currently On my radar: GBPJPY- thought process on the chart.

baby steps...
It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
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