wazua Thu, Jun 26, 2025
Welcome Guest Search | Active Topics | Log In

198 Pages«<9596979899>»
Realities of Forex Investment
Options
Previous Topic · Next Topic
QW25091985
#1921 Posted : Sunday, June 10, 2012 10:47:54 PM
Rank: User


Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
QW25091985 wrote:
1.19xx next level !


my target is 500 pips from my short on Friday ! easy money if you ask me . lets see.
Back to top
 Report Abusive | Report SPAM
hisah
#1922 Posted : Monday, June 11, 2012 8:30:20 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
mnandii wrote:
mnandii wrote:
There appears to be a high correlation btw the pairs EURUSD and AUDUSD. That is, both reached their wave 5 tops simultaneously. Now in their correction both 'have' completed wave B correction and now headed toward C together.

Wave B not complete yet.Anxious

The funny Spanish bailout will mess up any euro TA for now. I expect the markets to take a risk on approach on this 'hopium' boost. But June 17-18 is still an obstacle to be overcome.
Things are getting interesting. Watch gold & silver smile Spain & Italy are too huge to bailout without crimping the euro value.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
 Report Abusive | Report SPAM
mnandii
#1923 Posted : Monday, June 11, 2012 9:00:50 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,304
Thanks @hisah.
EURUSD is risky but I want to try this trade:

EURUSD WAVE (1): 1.2624-1.2288=336 PIPS.

Retracement of WAVE (1)=WAVE (2)= 1.2435.
This is slightly lower than 50% FIB level (1.2456).

WAVE (3) TARGET: 1.618*336=543 pips.
I.E. 1.2435+543=1.2978(NB: QW's interim target was 1.28xx)

Trade taken LONG at 1.2640 TP:OPEN SL:OPEN.
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.
Back to top
 Report Abusive | Report SPAM
dave.kim
#1924 Posted : Monday, June 11, 2012 11:42:29 AM
Rank: Member


Joined: 6/25/2010
Posts: 176
breakaway gap on EU...a rally might happen
Rule No.1 is never lose money. Rule No.2 is never forget rule number one
Back to top
 Report Abusive | Report SPAM
hisah
#1925 Posted : Monday, June 11, 2012 1:34:48 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
dave.kim wrote:
breakaway gap on EU...a rally might happen

Remember that gaps (up or down) always get filled.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
 Report Abusive | Report SPAM
hisah
#1926 Posted : Monday, June 11, 2012 4:28:45 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Spain bailout hopium has worn out pretty fast!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
 Report Abusive | Report SPAM
hisah
#1927 Posted : Monday, June 11, 2012 6:27:41 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Mike Maloney and gold - https://www.youtube.com/watch?v=Ykv5Uae2aiw
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
 Report Abusive | Report SPAM
hisah
#1928 Posted : Tuesday, June 12, 2012 12:08:33 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
hisah wrote:
dave.kim wrote:
breakaway gap on EU...a rally might happen

Remember that gaps (up or down) always get filled.


@dave - the EURUSD gap has been filled. Still record short contracts keep piling up as we approach June 17 when Sparta votes again and we know if they'll exit the euro.

George Soros has said the EU has T+79 days to contain the looming disorderly breakup! This coming from a guy who almost broke the BoE (Bank of England - a central bank??) during the previous euro crisis (ERM) in 1992, this is not a joke!

https://en.wikipedia.org/wiki/Black_Wednesday

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
 Report Abusive | Report SPAM
hisah
#1929 Posted : Tuesday, June 12, 2012 5:16:47 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
And the CHF signal I've been waiting for finally comes. Saxo bank has hiked the CHF margin requirement from 1% to 2% from June 14 and 4% from June 21. So that means from today through June 21 the CHF margin hike is 4x or 400%!??

And to boot this is what they think since they expect the EURCHF peg to hit the bunkers anytime soon!

Quote:
The Bank, therefore, recommends reducing all short CHF exposure over the summer period as the tail-risk in both Switzerland and Europe is rising.


Yep, time to start looking for those CHF longs. And to imagine everyone is on the short side of CHF due to the EURCHF 1.20 SNB peg, if it collapses, getting out will be a big issue for large positions even with a small leverage of 2x... And thinking about some ridiculous leverages of 20x or more, the picture gets very disturbing on any peg breakdown. Those stops getting triggered would create an avalanche of a breakdown!

http://forexmagnates.com...ses-margin-requirements/
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
 Report Abusive | Report SPAM
dave.kim
#1930 Posted : Tuesday, June 12, 2012 7:15:45 PM
Rank: Member


Joined: 6/25/2010
Posts: 176
hisah wrote:
hisah wrote:
dave.kim wrote:
breakaway gap on EU...a rally might happen

Remember that gaps (up or down) always get filled.


@dave - the EURUSD gap has been filled. Still record short contracts keep piling up as we approach June 17 when Sparta votes again and we know if they'll exit the euro.

George Soros has said the EU has T+79 days to contain the looming disorderly breakup! This coming from a guy who almost broke the BoE (Bank of England - a central bank??) during the previous euro crisis (ERM) in 1992, this is not a joke!

https://en.wikipedia.org/wiki/Black_Wednesday


Am glad i held back the urge to jump in. I got a chance to watch Soros sit down on the investor bloomberg show. A genius with Balls of Steel
Rule No.1 is never lose money. Rule No.2 is never forget rule number one
Back to top
 Report Abusive | Report SPAM
hisah
#1931 Posted : Monday, June 18, 2012 10:09:24 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Greece election outcome still the same old circus. French parliament is now a strong socialist bunch after their bunge polls yesterday.

With Spain & Italian bond yields rallying despite spain's mini bailout, I expect FOMC to announce some sort of QE this week. If so, I'll be buying silver & gold.

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
 Report Abusive | Report SPAM
QW25091985
#1932 Posted : Tuesday, June 19, 2012 9:00:16 AM
Rank: User


Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
Back to top
 Report Abusive | Report SPAM
hisah
#1933 Posted : Thursday, June 21, 2012 6:45:52 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Get ready for Moodys... it is in a foul mood...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
 Report Abusive | Report SPAM
hisah
#1934 Posted : Friday, June 22, 2012 7:38:16 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
hisah wrote:
Get ready for Moodys... it is in a foul mood...

Moody Moodys downgrades 15 major global banks.

www.reuters.com/article/...E85K1QL20120622?irpc=932

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
 Report Abusive | Report SPAM
mnandii
#1935 Posted : Sunday, June 24, 2012 9:11:31 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,304
Gold targeting 1300. EURUSD to soar before plunging toward 1.19 levels.
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.
Back to top
 Report Abusive | Report SPAM
hisah
#1936 Posted : Sunday, June 24, 2012 9:34:12 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
It started with Swiss then German and now Danish bond yields go negative. Large funds are now willing to pay the 3 gubberments to hold their money!? Think of it like buying a bond for $100 and getting ur money back as $98?! This usually happens when pricing in a deflation period aka recession. As long as investors keep chasing negative yields in euroland, the euro is in hot soup.

So now investors want the return of the mark as well as payment in swissie and now danish kronor in case the euro goes kaput.

www.moneyweek.com/blog/d...elds-rising-kroner-59422
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
 Report Abusive | Report SPAM | Edit by user: Sunday, June 24, 2012 9:37 AM | Reason: Not specified
hisah
#1937 Posted : Monday, June 25, 2012 4:47:04 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Ze German PM is talking tough and crimping markets... She doesn't want to hear any proposals to do with joint eurobonds or joint deposit insurance if it means joint liability. Yep, Ze Germans talk, and Ze Germans own euroland and euroland shall abide by the master. And in the process the euro and oil nosedive accordingly.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
 Report Abusive | Report SPAM
hisah
#1938 Posted : Monday, June 25, 2012 4:49:57 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
And in US session that German lady talk is not helping volatility...

http://finance.yahoo.com/q?s=^VIX - Volatility index up 20%+ pre-open...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
 Report Abusive | Report SPAM
hisah
#1939 Posted : Monday, June 25, 2012 4:54:46 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
mnandii wrote:
Gold targeting 1300. EURUSD to soar before plunging toward 1.19 levels.

Their is strong support at $1500 - $1540 level. Two asian central banks got in at that zone. I want to see if the shake out can test again $1520 and then the bids take over. It will be very hard to tear beyond $1480 with china and asia on the bid side. The asians have been buying record amounts on every price dip opportunity.

But I prefer silver which has now leaked below $27. If it can test $24.50 - $25 the better for a buy grab.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
 Report Abusive | Report SPAM
hisah
#1940 Posted : Monday, June 25, 2012 5:04:47 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
hisah wrote:
Yep. Liking the oil hammering... Iran war my foot smile




Above was stated back in May 14. And now to spice things up a little.

The USD chart... USD is still on a tear (getting more expensive). With US elections around the corner, another debt ceiling limit almost being hit, well US Fed will be forced to do the obvious. Print the USD to weaken its strength to boost exports as well as lend a helping hand to the euroland brothers in recession. Then and only then will soft commodities recover.

Crude oil has already leaked through strong support at $79.


$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest (2)
198 Pages«<9596979899>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2025 Wazua.co.ke. All Rights Reserved.