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10-21-2008, 11:19 AM
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Join Date: Jul 2008
Posts: 10
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EUR/JPY!!!!!
Im at 1000 pip profit!!!! 1 sell @ 141.25 currently at 131.40
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10-21-2008, 11:35 AM
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Senior Member
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Join Date: Oct 2007
Posts: 728
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Quote:
Originally Posted by SRasui
Im at 1000 pip profit!!!! 1 sell @ 141.25 currently at 131.40
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Congrats! Now send us each 200 pips for being your wellwishers! |
10-21-2008, 11:47 AM
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Registered User
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Join Date: Oct 2008
Posts: 1
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is this still update
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10-21-2008, 12:37 PM
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Member
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Join Date: Oct 2008
Posts: 381
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Quote:
Originally Posted by SRasui
Im at 1000 pip profit!!!! 1 sell @ 141.25 currently at 131.40
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BOOM! Thats awesome im so happy for you! send some of that luck over here  |
10-21-2008, 12:56 PM
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Join Date: Oct 2008
Posts: 381
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Quote:
Originally Posted by fxaspirant
Euro/jpy is draging it down. The 4 % gain yesterday in dow jones did not make any major impact but today market is down about 1.8 % and euro/ jpy is crushed. Really dont understand the trend
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There are a tons of things that move the market. Stock market plays a part but all in all just because it makes a certain move doesnt mean the Fx is going to change |
10-21-2008, 02:46 PM
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Member
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Join Date: Jul 2008
Posts: 89
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Is this the end of my eurgbp winning streak? 
loaded the truck @.78 limit @.7745 |
10-21-2008, 03:47 PM
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Member
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Join Date: Jul 2008
Posts: 89
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I know this is offtopic, but in times like this, I really hate my country, in fact its policymakers.
Iīm being robbed, all the retirement funds (managed by private companies) are being absorbed right now by the Argentinian State. The excuse is that the financial crisis have hit them, but the reality is that they need money to fund expenses. We have an election next year, they need money to buy votes.
We donīt have a working Congress, all we have is thieves as policymakers, much worst than those you can imagine.
We have a president that talks a lot, but knows too little. She is full of words, seems to comprehend the whole world, and criticize the "first world" countries and their capitalistic policies. She fights for the poor, but wear ultra expensive jewelry, I donīt know, may be itīs just me. I canīt watch her on television right now, it makes me sick.
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10-21-2008, 03:53 PM
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Join Date: Jun 2008
Posts: 184
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Today's low 1.3053 is right at 38.2% retrace from 1.6039 (lift time hight) to 0.8225 (lifttime low).
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10-21-2008, 05:45 PM
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Member
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Join Date: Mar 2008
Posts: 1,560
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Quote:
Originally Posted by -Rodri-
Is this the end of my eurgbp winning streak?
loaded the truck @.78 limit @.7745 |
While I managed to take a few pips profit on one lot, the other got stopped out on today's bounce - of course seems to be reversing from there just to annoy me LOL....not ready to buy EUR, even though it's quite oversold. News of newly found oil deposits east of New Zealand might depress crude price further.
I better cut my NZD shorts. |
10-21-2008, 08:07 PM
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Senior Member
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Join Date: Oct 2007
Posts: 728
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Quote:
Originally Posted by -Rodri-
I know this is offtopic, but in times like this, I really hate my country, in fact its policymakers.
Iīm being robbed, all the retirement funds (managed by private companies) are being absorbed right now by the Argentinian State. The excuse is that the financial crisis have hit them, but the reality is that they need money to fund expenses. We have an election next year, they need money to buy votes.
We donīt have a working Congress, all we have is thieves as policymakers, much worst than those you can imagine.
We have a president that talks a lot, but knows too little. She is full of words, seems to comprehend the whole world, and criticize the "first world" countries and their capitalistic policies. She fights for the poor, but wear ultra expensive jewelry, I donīt know, may be itīs just me. I canīt watch her on television right now, it makes me sick.
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Very simple.... just join a party, and declare your candidacy for President and announce "CHANGE!". No need of any qualifications or experience or ideas. You will win in a landslide!
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10-21-2008, 08:34 PM
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Member
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Join Date: Apr 2008
Posts: 1,480
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Quote:
Originally Posted by madhu_chintala
Hi,
I am getting some good profits with USD getting stronger against all currencies. But I have some transaction left with floting loss...Is there any chance for EUR/USD, AND GBP/USD to come back to 1.4500 and 1.8500 levels in next six months..if so what can be the bottom up we can expect in those currencies, will it go up to 1.2500 and 1.6500 levels before rebound...
Pls give me your views..
Thank you..
Madhu
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can i ask why you have trades from these levels? why did you not use a SL?
to answer your question is hard to do, if you are willing to hold them for 6 months then you have a much better chance to see profit from them but swap will eat you up.
I expect the dollar to rally further still mid term for the simple fact it must for the global economie to recover but.... eventually it must fall and when things are back to some semblance of "normal" then the dollar will be allowed to fall once more...gbp is a long shot IMHO at that level though, euro is more probable
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10-21-2008, 08:51 PM
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Member
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Join Date: Jun 2008
Posts: 1,400
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NZ Oil
Quote:
Originally Posted by melbgirl
While I managed to take a few pips profit on one lot, the other got stopped out on today's bounce - of course seems to be reversing from there just to annoy me LOL....not ready to buy EUR, even though it's quite oversold. News of newly found oil deposits east of New Zealand might depress crude price further.
I better cut my NZD shorts.
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Reports Of Huge Oil Find Misleading - NZ Press Sydney, October 22: According to press reports out of New Zealand, reports of a massive oil find off the coast of New Zealand are misleading. The Petroleum Exploration & Production Association of New Zealand (PEPANZ) in a statement said: "the assessment of the prospect for oil is an estimate of potential, not a discovery of oil." A spokesman added: "There is no guarantee of the volume of oil underground. The only way of confirming there is oil is to drill. And no wells have been drilled there since 2001." |
10-21-2008, 08:55 PM
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Member
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Join Date: Mar 2008
Posts: 1,560
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Quote:
Originally Posted by rickos69
Reports Of Huge Oil Find Misleading - NZ Press Sydney, October 22: According to press reports out of New Zealand, reports of a massive oil find off the coast of New Zealand are misleading. The Petroleum Exploration & Production Association of New Zealand (PEPANZ) in a statement said: "the assessment of the prospect for oil is an estimate of potential, not a discovery of oil." A spokesman added: "There is no guarantee of the volume of oil underground. The only way of confirming there is oil is to drill. And no wells have been drilled there since 2001."
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Oh we just love the media, don't we? 
Lucky it was a winning trade and not a losing one. To be honest this is quite a tricky place we arrived at, what I see most probable that even if the majors bounce a bit from here, a short USD/JPY can't hurt too much. |
10-21-2008, 09:03 PM
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Registered User
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Join Date: Aug 2008
Posts: 4
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Hello everyone,
Please take a look the EUR/USD heading direction. It is very bearish. My objective is 1.20. Good luck!
Felix
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10-21-2008, 09:15 PM
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Member
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Join Date: Mar 2008
Posts: 1,560
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Quote:
Originally Posted by felixcatwa
Hello everyone,
Please take a look the EUR/USD heading direction. It is very bearish. My objective is 1.20. Good luck!
Felix
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In my opinion, the market is now gunning to take out the 1.3000 barrier which could give way between now and the European open but I don't expect too much follow through, would rather wait for a meaningful bounce to go short.
Edit: just as I pressed the send button, they took out the barrier.
Last edited by melbgirl; 10-21-2008 at 09:42 PM..
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