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Realities of Forex Investment
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hisah
#3051 Posted : Monday, January 12, 2015 8:49:09 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Now that the Swiss referendum voted against 20% CB reserves I'll be buying gold this year! This will be contra play.

Since the swiss voted that way I expect the crowd buying €CHF at the peg @1.20 to be hit soon as the peg breaks down.

Oil doesn't have a bottom yet! Falling like a rocket. Sub $40 likely. Oil firm bankruptcies are coming with one messed junk bond market.

€ if ECB goes atomic on the bunds the €/$ will likely crater sub 1.10.

Keep risk management tight due to expected volatility.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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genious
#3052 Posted : Tuesday, January 13, 2015 2:42:10 PM
Rank: Hello

Joined: 1/13/2015
Posts: 1
Hi all, I am a looking to enter into the world of Forex trading and have already received many discouraging voices but I still feel that there is something in it for me to try.

I wish to first start with a managed account for about one year with about 1 M ksh. As I slowly learn my way up. Would that make sense and are there any members who do managed accounts here?.

Would really appreciate any input.
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shadowinvestor
#3053 Posted : Wednesday, January 14, 2015 1:39:04 PM
Rank: Member

Joined: 1/13/2012
Posts: 139
Copper is very weak,oil extremely weak, commodities have a bearish sentiment all through
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Mkimwa
#3054 Posted : Thursday, January 15, 2015 1:50:36 PM
Rank: Member

Joined: 10/26/2008
Posts: 380
I hope everyone had stop losses.. SNB has just sent the market bunkers.

Am sure many accounts have been hit, with the SNB abandoning the 1.20 floor.

Margin calls, and a few happy traders..
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hisah
#3055 Posted : Thursday, January 15, 2015 3:23:03 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Mkimwa wrote:
I hope everyone had stop losses.. SNB has just sent the market bunkers.

Am sure many accounts have been hit, with the SNB abandoning the 1.20 floor.

Margin calls, and a few happy traders..

Swish...! Stopped out on my old $CHF long position.

I was anticipating the EURCHF peg to break, but didn't anticipate the SNB to throw in the towel immediately! Was expecting them defend it before eventually giving up. No CB is greater than the market and the market has proved this on several occassions. Without the peg shorting the CHF is now suicide business. EURCHF now becomes a solid shorting trade below 1.20. The SNB shockwave has hit EUR$ and forced it sub 1.16 to 1.156 taking out a sea of stops. Bloodbath (margin call central) for EUR longs and CHF shorts without stops.

If ECB unleashes that QE the EUR$ will definitely crash below 1.10

2015 starts with heavy volatility. The whiplash will kill many inexperienced traders/players.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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  | | Edit by user: Thursday, January 15, 2015 3:24 PM | Reason: Not specified
TheGeek
#3056 Posted : Thursday, January 15, 2015 8:36:55 PM
Rank: Member

Joined: 7/3/2014
Posts: 245
hisah wrote:
Mkimwa wrote:
I hope everyone had stop losses.. SNB has just sent the market bunkers.

Am sure many accounts have been hit, with the SNB abandoning the 1.20 floor.

Margin calls, and a few happy traders..

Swish...! Stopped out on my old $CHF long position.

I was anticipating the EURCHF peg to break, but didn't anticipate the SNB to throw in the towel immediately! Was expecting them defend it before eventually giving up. No CB is greater than the market and the market has proved this on several occassions. Without the peg shorting the CHF is now suicide business. EURCHF now becomes a solid shorting trade below 1.20. The SNB shockwave has hit EUR$ and forced it sub 1.16 to 1.156 taking out a sea of stops. Bloodbath (margin call central) for EUR longs and CHF shorts without stops.

If ECB unleashes that QE the EUR$ will definitely crash below 1.10

2015 starts with heavy volatility. The whiplash will kill many inexperienced traders/players.


Swiss mess could make oil plunge seem like minor hiccup


LINK
In the world of securities, courage and patience become the supreme virtues after adequate knowledge and a tested judgment are at hand.
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shrewdinvestor
#3057 Posted : Thursday, January 15, 2015 8:51:54 PM
Rank: Member

Joined: 9/12/2014
Posts: 120
Location: Nyali
@Hisah,Would you kindly spare some time and take me through the process of forex trading.Maybe you can get in touch with me through murithitheshepherd@gmail.com Thanks for your time and kind consideration.
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hisah
#3058 Posted : Friday, January 16, 2015 11:40:30 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
shrewdinvestor wrote:
@Hisah,Would you kindly spare some time and take me through the process of forex trading.Maybe you can get in touch with me through murithitheshepherd@gmail.com Thanks for your time and kind consideration.

What is your risk appetite? FX trading is high risk, high return playground. Can you stomach losing 90% or more of your investment?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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shrewdinvestor
#3059 Posted : Friday, January 16, 2015 12:52:43 PM
Rank: Member

Joined: 9/12/2014
Posts: 120
Location: Nyali
@Hisah.I am naturally a risk taker and have enough guts to take ANYTHING in life.I am aware of the risk involved.Thanks for getting back to me.God bless.
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hisah
#3060 Posted : Friday, January 16, 2015 7:22:57 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
FXCM in Talks With Jefferies for $200 Million Rescue

Whoa! Sh** just hit the fan! Largest US FX broker needs a rescue package! SNB bombshell has started claiming casualties.

Risk management people. Remember that. Time to start assessing your broker. Weak ones will be thrown under the bus with your money!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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  | | Edit by user: Friday, January 16, 2015 7:24 PM | Reason: Not specified
396 Pages«<304305306307308>»
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