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hisah		#1141 Posted : Thursday, July 28, 2011 3:04:08 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Perhaps an act of bravery this. Taking a small short position of NZDUSD @0.8720, SL @0.8810, TP - no target for now. The daily, weekly and monthly RSI is so overstretched! Now I sit tight and wait to see how Aug 2nd plays out. This is a very risky trade with all the US debt drama theatrics going on... As for the euro tanking today, Italian bond auction fails to get bids... Italian bank stocks still getting clobbered. EURCHF - this one will fall very hard soon! 1.12 is on the cards looking the CHF funds flow... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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fxtech		#1142 Posted : Thursday, July 28, 2011 11:48:53 PM
Rank: Member Joined: 5/31/2010 Posts: 325 Location: NAIROBI		@hisah dont worry also SHORT NZDUSD for an open objective untill end late fri or early next week before the US market shaker. but will monitor very closely watching weekly n monthly close on EURUSD, Discipline & sticking to your strategy even when you loosing defines great traders.
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hisah		#1143 Posted : Friday, July 29, 2011 5:44:34 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		fxtech wrote: @hisah dont worry also SHORT NZDUSD for an open objective untill end late fri or early next week before the US market shaker. but will monitor very closely watching weekly n monthly close on EURUSD, So u are also on NZDUSD short heroics As for EURUSD, 1.45 - 1.46 monthly close is required to negate selling pressure. Today is the final trading day for July, quite some acreage to cover. Aug 2nd is next Tuesday... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Ceinz		#1144 Posted : Friday, July 29, 2011 3:56:47 PM
Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility		Dollar clobbered, EUR, GBP, JPY and NZD gain on weAk us gdp results. Dollar gains again cad. check the crazy pip movement on eurcad... “small step for man”
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Ceinz		#1145 Posted : Friday, July 29, 2011 4:05:43 PM
Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility		Ceinz wrote: My week give away. Lots of uncertainity this week. There will be crazy volatility, the comdolls recent bull moves will be checked. I'll be betting only on the sure risk aversion currency CHF. The week coming to an end, review of my week give away. swiss franc will close higher against most majors than the week open. Being long on swissy alone would have earned handsome pips. “small step for man”
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hisah		#1146 Posted : Saturday, July 30, 2011 9:26:51 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		hisah wrote: Perhaps an act of bravery this. Taking a small short position of NZDUSD @0.8720, SL @0.8810, TP - no target for now. The daily, weekly and monthly RSI is so overstretched! Now I sit tight and wait to see how Aug 2nd plays out. This is a very risky trade with all the US debt drama theatrics going on... As for the euro tanking today, Italian bond auction fails to get bids... Italian bank stocks still getting clobbered. EURCHF - this one will fall very hard soon! 1.12 is on the cards looking the CHF funds flow... For a moment there NZDUSDshort was doing fine, now under water. USDCHF collapses as per my expectation to 0.78xx zone, bears still in control. But selling at this extreme level is too risky. EURCHF clears all buy stops on its way sub 1.14. CME margin hike didn't have enough steriods. Still scope to test 1.12 at which point the masters get very pissed and use untested steriods... @ceinz - that EURCAD move was on steriods CAD will be sold due to its neighbor's issues USDJPY below 77 enroute to 75 means a yen short bazooka is about to be launched. There will be massive moves with all the extremes (one sided trades). All times highs & lows always point to volatile turn arounds aka sharp corner ahead... Extreme highs - AUD, NZD, CAD, SGD, CNY, HKD, JPY, Gold. Extreme lows - USD $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah		#1147 Posted : Saturday, July 30, 2011 10:50:49 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Gold weekly chart - http://i657.photobucket....293/bigelkhorn/vftrn.png $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah		#1148 Posted : Monday, August 01, 2011 6:35:37 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		NZDUSD short taken on Thursday stopped out - $90 loss. Will still look for another shorting opportunity above 0.90 as per monthly upper bollinger band. AUDUSD still stuck at critical zone by 1.10 (multi year highs). Bulls need to break above 1.11 to continue buy momentum. AUDCAD back at multi year highs. Critical zone for bulls & bears. Breaking 1.06 opens 1.08 - 1.10 targets. CHF still going strong against USD, EUR & GBP. At some point AUD, NZD & CHF will be sold, extreme buying. So I'm looking for shorts on these currencies going forward. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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fxtech		#1149 Posted : Monday, August 01, 2011 8:45:43 AM
Rank: Member Joined: 5/31/2010 Posts: 325 Location: NAIROBI		will AUDUSD BREAK above 1.1, EURUSD looks headed higher, EURAUD, EURCAD also looking good Bull bets Discipline & sticking to your strategy even when you loosing defines great traders.
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hisah		#1150 Posted : Monday, August 01, 2011 4:40:55 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		EURCHF - as per expectations collapses to 1.12 zone. selling overdone, but strong momentum. USDCHF - sub 0.77 soon - selling overdone, but strong momentum. USDJPY - after rallying on fumes in Asia to 78, massive selling ensues back under 77. Now about to take out 2011 lows. Jap Fin Minister - Noda statements today were dovish. Bears are now calling the BoJ yen short bazooka threat a bluff. Fireworks soon... USDSGD - sub 1.20 yet again, but bears not convincing. Bears need to breakdown 1.19 to regain momentum. USDZAR - back in the 6.6x zone. I'm being tempted to test a long @6.61x. Will activate this in Asia tonite or London session tomorrow. Aug 2nd makes it tricky, but the SA CB seems to have put a floor on the rand at 6.61 vs USD. Silver trade still heavy after losing $40 handle. This is a risk free trade, will let the SL get hit and won't close it. Update on CHF -> Bearly after posting the above, USD, EUR and GBP breakdown in a disorderly fashion against CHF. GBPCHF down a massive 400pips! What the heavens?!! Ulcers central this one?!! EURCHF - 300pips down and also aiming for 400pips dive. Tomorrow must be a very spooky day - this Aug 2nd date... SNB and CME must be bitterly cursing - http://www.youtube.com/w...nOg&feature=related USDJPY finally takes out March 2011 lows when Jap was hit by a massive earthquake. The way the dollar, euro and pound are breaking down vs the yen and swissie points to overheating funds flow tension... Sit tight. No trading here... On stocks - S&P500 breaks below Friday's close, selling pressure on... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah		#1151 Posted : Monday, August 01, 2011 5:37:54 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		EURUSD - looks like it will fall to 1.42 to 1.41 overnight? Still looking for info source causing this massive moves... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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fxtech		#1152 Posted : Monday, August 01, 2011 10:08:46 PM
Rank: Member Joined: 5/31/2010 Posts: 325 Location: NAIROBI		@hisah check http://www.fxstreet.com/...ew/us-crisis/2011/08/01/ Discipline & sticking to your strategy even when you loosing defines great traders.
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hisah		#1153 Posted : Tuesday, August 02, 2011 7:24:52 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		[quote=fxtech]@hisah check http://www.fxstreet.com/...w/us-crisis/2011/08/01/[/quote] This cant be the cause of EUR & GBP selloff vs CHF. The CHF funds overnight were huge! When CHF pairs move 300+ pips opposite SNB, iko shida mahali... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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mnandii		#1154 Posted : Tuesday, August 02, 2011 9:34:46 AM
Rank: Elder Joined: 10/11/2006 Posts: 2,304		Check out this group on FB: http://www.facebook.com/groups/155827404462765/ Or jst search for 'FOREX TRADERS IN NAIROBI'. 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.
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mnandii		#1155 Posted : Tuesday, August 02, 2011 1:31:51 PM
Rank: Elder Joined: 10/11/2006 Posts: 2,304		The currency song: http://www.youtube.com/w...eature=player_detailpage 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.
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hisah		#1156 Posted : Tuesday, August 02, 2011 4:31:05 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		hisah wrote: Still watching the gold and silver parabolic fireworks about to go nutsy...!? Silver is threatening a major parabolic move above $42 level and yesterday's coiling up suggests $45 will be tested in coming days. NOTE: JP Morgue was kicked out of LME last week and silver all over sudden finding its mojjo... So US 'fixes' their debt issues USD still getting sold and as usual the real money i.e. gold after days of sliding now burst up and tests $1640 all time high. Same case vs euro and pound. Interesting to see commodo currencies slide vs the dollar today. If AUDUSD closes below 1.0820 for the week, a weekly short will be setup. RSI momentum also pointing to bear strength. NZDUSD also slowing down, but a weekly close below 0.8620 is required before a short setup is established. As for the CHF short trade - I'll takes longs on USDCHF and GBPCHF. Monthly stochs oversold and flattening. Monthly RSI oversold too. Classics just don't go out of style. Do they http://www.youtube.com/w...3HsU&feature=related $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah		#1157 Posted : Tuesday, August 02, 2011 5:34:20 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Goldman FX wrote: Short-term risk of USD short squeeze greatest against JPY, AUD and NZD. FX positioning is an elusive beast. There are few comprehensive data sources to get a handle on positioning, and what sources there are come with big handicaps. One source for positioning is the weekly CFTC Commitment of Traders report, which captures one particular subset of the FX market. For the eight currencies in this report (and for the overall USD position) we have developed positioning scores that are scaled between +/-10, with a negative reading indicating a short USD position. These scores go beyond the raw CFTC data by controlling for the interest differential as one important driver of positioning. We put out this score every week upon release of the latest data (CFTC Commitment of Traders Report (July 26, 2011) – Overall USD short position builds again). Our overall positioning score for USD as of July 26 (the latest available data) was -5.9, which is the most negative (indicating a net USD short position across the eight currencies in this report) this positioning score has been since early June. In the scheme of things, this score is not yet that extreme – it averaged -8.3 as recently as March after all. But our overall USD positioning score paints a somewhat misleading picture here, as some currencies are now seeing much more stretched positions against USD than back in March. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah		#1158 Posted : Tuesday, August 02, 2011 10:19:36 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Gold XAU/USD continues to match up - $1651...??! Indeed the US fixed their debt bomb... All time highs against all paper cash except swissie? The knight in shining armor aka CME margin hikes cannot rescue SNB from a berserk swissie rally! CHF... I have no idea where the swissie is going, but this thing is on a serious rhino charge mood?! It is the only currency that gold has not trounced... Is it due to the Gold Franc (gold backed franc) under swiss parliament debate... Now if only I had added more swissie deposits back in June. @Guru likes aussie. Me is a junkie of swissie. Been a power hedge all year. Being paid in $, £ and € and u live in Switzerland will have cost a fortune converting to swissie. Btw anybody noticed GBPCHF has collapsed almost 400pips 2nd day running...?? This is nuts?!? Sept 2008? AUDCHF - What the heavens?? $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah		#1159 Posted : Tuesday, August 02, 2011 11:28:27 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Sleepless in Asia... Markets selloff towards US close. S&P 500 down for the year as of today... Asia will selloff too. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Cde Monomotapa		#1160 Posted : Tuesday, August 02, 2011 11:32:11 PM
Rank: Chief Joined: 1/13/2011 Posts: 5,964		How soon can we (in Sub-Saharan Africa) buy crude >$70??? I'm so excited!!!
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