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Realities of Forex Investment
hisah
#3141 Posted : Thursday, May 07, 2015 5:59:31 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
mnandii wrote:
I am looking for gold to fall sharply below $1161 within today and tomorrow.

Been short gold @1215 on lot size 1.0 on two positions. If we break below 1150, I'll keep adding to the shorts.

This year I'm pressing hard on the commodo short side thus the few FX pair trades. Fully focussed on commodos.

Long term short running on coffee since I expect it to breakdown very badly aiming 100! Holding short @142.60 since Apr 30.

Took a short today on crude oil @60.30 with an open objective for now. I'll update on the targets next week.

Waiting to short cocoa if it retrace towards 3050. Target 2500.

I expect commodities to collapse this year!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
mnandii
#3142 Posted : Friday, May 08, 2015 5:11:58 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
mnandii wrote:
GBPJPY bought at 181.20. Targeting 200 pips about.


Yep. Target more than achieved! Now pair is at 185.04.
smile
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#3143 Posted : Friday, May 08, 2015 5:19:38 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
mnandii wrote:
I am looking for gold to fall sharply below $1161 within today and tomorrow.


Mrng. Changed orientation. Long gold now. Targeting moves above $1215. $1200 in the interim.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#3144 Posted : Friday, May 08, 2015 7:25:06 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
hisah wrote:
mnandii wrote:
I am looking for gold to fall sharply below $1161 within today and tomorrow.

Been short gold @1215 on lot size 1.0 on two positions. If we break below 1150, I'll keep adding to the shorts.

This year I'm pressing hard on the commodo short side thus the few FX pair trades. Fully focussed on commodos.

Long term short running on coffee since I expect it to breakdown very badly aiming 100! Holding short @142.60 since Apr 30.

Took a short today on crude oil @60.30 with an open objective for now. I'll update on the targets next week.

Waiting to short cocoa if it retrace towards 3050. Target 2500.

I expect commodities to collapse this year!


Yes!
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#3145 Posted : Friday, May 08, 2015 11:20:26 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
Am short $JPY at 120.00
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#3146 Posted : Sunday, May 10, 2015 6:25:44 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
Guys, some help pls.

Is there a bank which can accept deposits into a VISA card without having to follow up. I am tired of Equity bank. I was sent to some $ into my VISA card and is yet to reflect in my bank account one week later! This is the second time I am forced to follow up on such transfers.

Sincerely,
mnandi.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#3147 Posted : Monday, May 11, 2015 7:01:02 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
Long EURGBP at 0.7228 Sl at 0.7187. Targeting at least 120 pips.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
Ceinz
#3148 Posted : Monday, May 11, 2015 7:27:45 PM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
mnandii wrote:
mnandii wrote:
GBPJPY bought at 181.20. Targeting 200 pips about.


Yep. Target more than achieved! Now pair is at 185.04.
smile


This pair looks promising, I entered long c. 185.70, targeting 193
“small step for man”
shadowinvestor
#3149 Posted : Monday, May 11, 2015 8:32:41 PM
Rank: Member

Joined: 1/13/2012
Posts: 139
On the concept of day trading, a quick question to all here. Are you mostly long term traders or intraday? Based on the below, it seems Hisah and mnadii follow the former



hisah wrote:
mnandii wrote:
I am looking for gold to fall sharply below $1161 within today and tomorrow.

Been short gold @1215 on lot size 1.0 on two positions. If we break below 1150, I'll keep adding to the shorts.

This year I'm pressing hard on the commodo short side thus the few FX pair trades. Fully focussed on commodos.

Long term short running on coffee since I expect it to breakdown very badly aiming 100! Holding short @142.60 since Apr 30.

Took a short today on crude oil @60.30 with an open objective for now. I'll update on the targets next week.

Waiting to short cocoa if it retrace towards 3050. Target 2500.

I expect commodities to collapse this year!

Ceinz
#3150 Posted : Tuesday, May 19, 2015 3:31:02 PM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
USDJPY in slowmo, moving at a constant rate of 1 pip per hour since yesterday. Very boring.
“small step for man”
396 Pages«<313314315316317>»
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