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- scyang replied May 28, 2008
Got flash news from Saxo Bank that they are investigating all trades with gold at 843. There was a system glitch.
EURUSD
- scyang replied May 28, 2008
Think that's german import price index. CPI not out yet. Showing the time is tentative so no way to know when. It's going to drop on us like a bomb.
EURUSD
- scyang replied May 27, 2008
Thank you so much for your explanations and tips. You are most helpful, and funny.
Ask DRT
- scyang replied May 27, 2008
eurusd — Hello DRT,Are you still holding onto your long position? It has broken below 1.5717. Do you think the trend has turned downward?Thanks.scyang
Ask DRT
- scyang replied May 27, 2008
Could you please explain why you believe fiber is still in a downward trend? Are you just expecting 10-20 pips?
Malaysia
- scyang replied May 27, 2008
You got that right - the price always goes the direction you wanted it to go as soon as you write it off and close it. It has happened to me numerous times. Most frustrating. Do you still hold your eurusd long position?
EURUSD
- scyang replied May 27, 2008
Spring time, i.e. starting from March through June or July are the busy months for home sales.
Cable Update (GBPUSD)
- scyang replied May 27, 2008
Cable downfall might be stemmed by positive UK data. Are you guys still holding short? Believe it will go down further?
Cable Update (GBPUSD)
- scyang replied May 27, 2008
UK number is better than expected. Wonder where that would take cable.
Malaysia
- scyang replied May 27, 2008
I got burnt quite a few times recently by the irradical movements of the market. So I am now very careful and probably a bit too jittery. I theoretically know that cable should go down to 1.9650, but I question myself every time things don't look ...
Cable Update (GBPUSD)
- scyang replied May 27, 2008
That would be great news for me since I am short. In a 1 hr 15 minutes, there will UK news on mortgage approval. Then US home sales news later. We will see.
Cable Update (GBPUSD)
- scyang replied May 27, 2008
I am short, but I would like to keep my expectations realistic.
Cable Update (GBPUSD)
- scyang replied May 27, 2008
I don't think one should be that ambitious. It's a long way from 1.9650. I think it would be good to get to 1.9700.
Cable Update (GBPUSD)
- scyang replied May 27, 2008
Switzherland trade balance number came in better than expected. Is that propping up euro and cable?
Cable Update (GBPUSD)
- scyang replied May 27, 2008
I had said the same thing. I just wasn't sure one could say "short USD all the way".
Malaysia
- scyang replied May 27, 2008
German data no good. Euro turning downward a bit. Might be dragging cable down too. Jumped in short real quick. Hoping for a small ride.
Cable Update (GBPUSD)
- scyang replied May 27, 2008
What a surprise. German numbers no good. Will limit eurusd up momentum if not turning it downward altogether.
EURUSD
- scyang replied May 26, 2008
I think the markets are being more cautious this time around. People want to see some hard proof that US economy is indeed weak and there is no chance the FED will raise interest rate, and the eurozone is indeed strong and consumer confidence is up. ...
US Holiday Markets
- scyang replied May 26, 2008
I also mean intraday. I only trade longer-term if I am forced into it, i.e. I am stuck in a position that went a different way. Still with the intraday in view, I am not convinced yet that USD will be down against all majors. Would like more ...
Malaysia