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- scyang replied May 20, 2008
Just a note that Warren Buffet was long on USD two years ago, just when it made a nose drive against all major currencies. He lost millions of dollars, along with Bill Gates, who was long USD with him. Of course they have enough money to lose ...
Cable Update (GBPUSD)
- scyang replied May 20, 2008
Cable really seems to be very well supported. It just refuses to come off today's highs.
Cable Update (GBPUSD)
- scyang replied May 20, 2008
Wow how long have you been holding this thing? How long do you think it's gonig to go. I've got to say that you are very patient.
EURUSD
- scyang replied May 20, 2008
There really is no concrete evidence that a rate hike will actually happen. They just talked about it. Don't think anybody here is looking at the long term. We are mostly day traders.
Aussie Pairs
- scyang replied May 20, 2008
I think it's BECAUSE you closed it, that's why it ran up. It happens to me all the time. It's after I close (taking loss sometimes) that it starts doing its thing.
Cable Update (GBPUSD)
- scyang replied May 20, 2008
Hope you are right. You go in short and see if it pans out. I am too scared of cable right now.
Cable Update (GBPUSD)
- scyang replied May 20, 2008
So it is head and shoulder, but cable is running away like wild fire.
Cable Update (GBPUSD)
- scyang replied May 20, 2008
News is bad for Germnay and slightly better for eurozone. So cable will probably bet pulled down.
Cable Update (GBPUSD)
- scyang replied May 20, 2008
Where did you get in the long for GU? Looking kinda weak right now.
GBP/USD or EUR/JPY or.... Whatever's moving!!
- scyang replied May 20, 2008
Yes it's 24-year high according to bloomberg. Where do you see the pair going now that it has touched .96?
Aussie Pairs
- scyang replied May 19, 2008
How tight was your trailing? Didn't see it go much lower than 76.
Aussie Pairs
- scyang replied May 19, 2008
Where did you get in short? What do you mean not much longer? You are looking at trying to get out? This thing looks stuck.
Aussie Pairs
- scyang replied May 19, 2008
Do you see AUDUSD going higher yet? It seems to have gotten so overbought that it just has to come down. But I don't know. Would like to hear your opinion. Thanks.
No Brainer Trades
- scyang replied May 19, 2008
Please do let us know. The pair seems to be headed down. RBA meeting minutes might be sending it downward.
GBP/USD or EUR/JPY or.... Whatever's moving!!
- scyang replied May 19, 2008
Everything goes up and goes down, and that certainly has been the case for USDJPY. Gold is now down. Some news out of the US has been positive in the last few days, and the news out of Japan was bad just now. So that should bring the pair up, which ...
USD/JPY Discussion
- scyang replied May 19, 2008
Ambitious targets. Nice. But let's let the beast go to .95 first. It has yet to break that.
Aussie Pairs
- scyang replied May 19, 2008
If you look at the day high, it has moved a lot. Just be patient and it will move more for you.

Aussie Pairs