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acidguy replied Feb 5, 2008hahahaha aussie plunge was expected. did not anyone watched how concerning building permit were..... so a 25bp increase is more important than a whole consumers health? probably thats why after RBA raised an aussie selloff was given. very very ...
Aussie Pairs
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acidguy replied Feb 4, 2008hahahah they raised but signaled concerns over the economy so aussie was soldoff. what a crazy market. maybe they raised 25 now but will cut 75bp in the next meeting as subprime virus start to bit
Commodity Currencies
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acidguy replied Feb 4, 2008data for aussie has been terrible today, not counting too much on the upside. in fact dont remember seen such drop in housing permits for some time ago. the question still remain, will rba raise rates in few minutes??? there is a lot of question but ...
Commodity Currencies
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acidguy replied Feb 3, 2008already short but this is really dangerous and better like an adventure also putting big faith in the ultrapowerful resistance above 0.7950. but as rate differentials has widened about 125bps in just 2 weeks between the usd and this currency. it ...
Commodity Currencies
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acidguy replied Feb 3, 2008beware of euro. dollar 2 years slide seem to have stopped in the short term as investors are cautious focusing more on growth than interest spreads. also big dissapointment among euro bulls and now many of them advising their clients to bet on the ...
EURUSD
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acidguy replied Feb 3, 2008yep, crazy bernanke
... but hopeful stocks stall or fall so carry cows get panicked and start the selloff...Aussie Pairs
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acidguy replied Feb 2, 2008yep. this pair is somehow scary. many investors have returned to full risk with the fed crazy rate cut.
but maybe the next week could be time for exit in a retracement. remember the world is probably headed to a recession. and if stocks tank ...NZDUSD at peak
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acidguy replied Feb 1, 2008banks are expecting this pair to collapse. just in the last 2 weeks, have watched like 3 videos in bloomberg talking about a big drop in new zealand currency. they even call about 0.60!!!. i am targeting just 0.76
there is lot of reasons probably ...NZDUSD at peak
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acidguy replied Feb 1, 2008short also, new zealand bank is facing a serious slowdown in their economy. market is expecting more rate increases but i dont think they will blow the system. also knowing how distortionist carry traders can be and the recent usa rate cut, that ...
NZDUSD at peak
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acidguy replied Feb 1, 2008closing the week. shorting gu gave this week tons of pips even when got freaked out yesterday shorting at 1.9915. and i was the contrarian calling for the losses of gu all the hole last week. and did not dare to do it when the best opportunity ...
Cable Update (GBPUSD)
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acidguy replied Feb 1, 2008lol, just got some info from my broker. big transactions for usd were reported in Europe this morning when it reached the highs. institutions are recommending their clients to buy usd in the rally attempts to 1.50 ant target 1.40 by the start of ...
EURUSD
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acidguy replied Feb 1, 2008uk and usa economies are too alike. uk also may slip into recession soon, really was not expecting today data numbers. rate cut in uk february is almost guaranteed. even a 0.50 seems possible.
Cable Update (GBPUSD)
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acidguy replied Feb 1, 2008after all if you want to be good in forex , you have to be a good speculator
:Cable Update (GBPUSD)
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acidguy replied Feb 1, 2008nope, the world is crazy. there are less jobs in usa and the unemplpyment dips, that offer strong support for the usd. (but i prefer to stay aside gu.) as countries across the atlantic start to infect from usa disease. commodities who can take big ...
Cable Update (GBPUSD)
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acidguy replied Feb 1, 2008bro, at least a numer bigger than 65k. a number bigger than 100k would make a difference for traders to defend the usd. a number lets say, 30k or less probably will put ut near 1.50. and cable somehow supported from usd selloff. watch out, 1min.
Cable Update (GBPUSD)
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acidguy replied Feb 1, 2008well, with the uk industry almost slipping into recession. it seems 2.0 would not be seen in awhile. hahaahah, cant bellieve it, shorted yesterday since 1.9915 and exit scared like in 1.9910 agains Soros was right, Mr.King, you confused many people ...
Cable Update (GBPUSD)
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acidguy replied Feb 1, 2008sorry this can be out of topic but watch out NU, personally the pair this most potential to the downside. in my humble opinion forget gu for awhile, there are lot of risks to both sides, uk news could help to clarify the direction. about nu : First ...
Cable Update (GBPUSD)
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acidguy replied Jan 31, 2008yep dud, but the fomc was a surprise. really was not bellieving the 50bp.
gap between sterling and USD is now 2.5%!!!. for some reason lately boe seems more concerned about inflation than growth. prices of houses seem to be stabilizing, ...Cable Update (GBPUSD)
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acidguy replied Jan 31, 2008dang!. gu price action is really confusing, it looks like a roller coaster. and Mr.King put things more confusing also. He said uk fundamentals are strong and the worse has happened, also Brown reassured him in the job. but yesterday. the man who ...
Cable Update (GBPUSD)