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Kyen replied Nov 19, 2008Don't forget I said this. Your going to see a pretty extensive short squeeze upon Asia session - now on a general consensus I am still leaning towards a short bias;and again, we should all enjoy this longer-term ride before everything turns around ...
Cable Update (GBPUSD)
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Kyen replied Nov 19, 2008I'm long EU @ 2502 SL 2460 as well as AUDUSD @ 6364 SL 6325. Both are extreme support levels which I don't think will break. Fingers are crossed because technical wise it definately can go both ways. Gotta go with gut instincts though.
EURUSD
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Kyen replied Nov 19, 2008Looks like that long is working out quite well so far. Set stop +5 and will be waiting for further confirmation of a upbreak coming to the end of NY session.
Cable Update (GBPUSD)
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Kyen replied Nov 19, 2008Got that right, bears are definately dancing around today, but you know what? I'm switching my style a little bit, and going to start pricing in some long term positions, all to short USD. Remember my word on this Micho.... when the dust clears, and ...
Cable Update (GBPUSD)
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Kyen replied Nov 19, 2008Back in action — Hey folks, came back from a short vaca, glad to see the market somewhat consolidating - not as much craziness compared to 1-2 weeks ago. Anywhoo, i see sterling touching a major hr support line right now, h&s is pretty much ...
Cable Update (GBPUSD)
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Kyen replied Nov 13, 2008I would like to ask everyone here, to please read this article and post your thoughts: url Revaluation of the US $? Back to gold standard? May be just rumor but if you think about the fundamentals behind it - makes quite a lot of sense. It's how ...
AUD/USD
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Kyen replied Nov 13, 2008I would like to ask everyone here, to please read this article and post your thoughts: url Revaluation of the US $? Back to gold standard? May be just rumor but if you think about the fundamentals behind it - makes quite a lot of sense. It's how ...
EURUSD
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Kyen replied Nov 13, 2008I would like to ask everyone here, to please read this article and post your thoughts: url Revaluation of the US $? Back to gold standard? May be just rumor but if you think about the fundamentals behind it - makes quite a lot of sense. It's how ...
Cable Update (GBPUSD)
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Kyen replied Nov 12, 2008Don't you feel that US equities will tank like theres no tomorrow? Paulsons speech's effects hasn't fully kicked in yet in my opinion. I'm still on a short bias for the rest of the asia + euro session - what say you?
EURUSD
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Kyen replied Nov 12, 2008Just looking for a little hit and run, probably just a false break on 30m. OK no more discussions about other pairs, lets gets back on pace with cable haha.
Cable Update (GBPUSD)
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Kyen replied Nov 12, 2008I may be kicking myself for this later, but I went in long @ 2395 -stop @ 65.
Cable Update (GBPUSD)
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Kyen replied Nov 12, 2008API's need constant modifications under different market conditions, I always laugh when I read up on peopel trying to sell their expert advisors for hundreds - at the same time, feeling sorry for those who buy into that BS.
Cable Update (GBPUSD)
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Kyen replied Nov 12, 2008Navin.... I wouldn't suggest it untill you can really bang out some long term results. Believe me, every trade that goes wrong , you grow a strand of white hair... having said that, I think I'm one of the reasons why Rogaine is in business.
Cable Update (GBPUSD)
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Kyen replied Nov 12, 2008EO, I know how hard the emotional aspect is - believe me I do, but just trust and believe in your progress and all the pieces will fall in place. In my situation, I went from trading 5 mini's to over 15 standard in under 2 months - was a bit too ...
Cable Update (GBPUSD)
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Kyen replied Nov 12, 2008I absolutely agree. I wish the government would let the power of the free market to just run its course - GM products are complete crap and they deserve to go out of business.
Cable Update (GBPUSD)
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Kyen replied Nov 12, 2008Plenty more to come! The train has only started rolling... will you be around for Asia session tongiht?
Cable Update (GBPUSD)
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Kyen replied Nov 12, 2008Micho, lets just say that I had an unbelieavable streak which really came back and kicked me hard in the rear - which is why I really took time off to reassess my money mangement approach. I think I'm more grounded now, and I really do give a lot of ...
Cable Update (GBPUSD)
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Kyen replied Nov 12, 2008Fundamental outlook — Now I know a lot of you are aware of fundamentals though you dont trade based on it - I think that today's announcement does call for a discussion though. Here's my reaction to Paulson's speech -I'd love to hear what ...
Cable Update (GBPUSD)
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Kyen replied Nov 12, 2008Micho, I've cut back a lot from my old style of trading. I went from trading 10-20 standards lots to 10-20 mini's. Learned quite a few lessons about money management and am happy to have people like you keeping me grounded. +270p total for the day, ...
Cable Update (GBPUSD)