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- Haris79 replied Jan 10, 2007
I am short @ 119.60 with 1st target 117.20
- Haris79 replied Jan 9, 2007
To me it looks like round 2 of EUR/JPY (and GBP/JPY and USD/JPY) is about to begin. Another ~300-400pips for the E/J pair?
- Haris79 replied Jan 5, 2007
yup, especially the AUD/CAD pair which might collapse all the way to 1.1330 or so, where the 100 and 250 MAs currently sit. The 200MA is also just below 1.13. I expect the real fall there to start as soon as USD selling starts again, this will drive ...
- Haris79 replied Jan 5, 2007
AUD is finally getting a serious beating
- Haris79 replied Jan 5, 2007
I think you are right. I wonder how many people who could have become good traders never made it because they didn't dare to try again (and again) after going through such a period. Read James16's thread, trade smaller, with longer timeframes. Paper ...
- Haris79 replied Jan 5, 2007
So true.. Everybody lose on forex in their 1st yr of trading. I lost much more than you in my first 6 months and I know what you mean about your inner "trickster". In my view, it is all part of the "initiation cycle". Look at other senior traders ...
- Haris79 replied Jan 5, 2007
exited the EUR/JPY short for a nice ~300pips profit. It looks like it is bottoming out, just like the EUR/USD and GBP/USD. My AUD and USD/CAD shorts are looking nice (I have exited the AUD/USD short for a tidy sum and kept only AUD/CAD and ...
- Haris79 replied Jan 4, 2007
You are very right Phil, but in Jne-July it showed oversold on the weekly,whereas now the opposite was the case. But i have locked in 170 pips profit cause u can never b sure with the crazy JPY pairs. I am also in some AUD positions (shorted ...
- Haris79 replied Jan 2, 2007
yes i also expect it to reqch its late 1998s top near 164 eventually, but not before a correction
- Haris79 replied Dec 22, 2006
Time will tell if Long there was right. But if it was, one could have grabbed it cheaper, it went as low as the mid 20s there, arrrghhhh!
- Haris79 replied Dec 22, 2006
looks like it's getting ready to shot up to me. I just went long at 1.9645
- Haris79 replied Dec 18, 2006
Usually it takes around three years to complete it. No, you don't need to be sponsored. It has quite a lot of modules as the program has been expanded quite a lot in the last years. In terms of costI think it's a few thousand quid, maybe 3000-5000£, ...
- Haris79 replied Dec 18, 2006
Getting ready to go down
- Haris79 replied Dec 17, 2006
That's the spirit!
- Haris79 replied Dec 13, 2006
Did you see how it bounced off the descending trendline at 1.9731 to head back down? This was the fifth time it touched that trendline drawn from its 1.9842 top and fell back. And its first downwards leg stopped just off 1.9461 hich is where we had ...
- Haris79 replied Dec 12, 2006
Well out of my EUR short punt, on GBP front the move to 1.99s (but prob not all the way to 2.00s) might have just started in the last 3 hrs or so. Then the fall to 1.91s or lower. Wonder if it will be a swift or a gradual one..
- Haris79 replied Dec 12, 2006
Me thinks we still got one small leg down before the last bounce up. But I prefer to play on the EUR side, last week was sweeeeet
- Haris79 replied Dec 8, 2006
well these are special times though! Spectacular action is to follow, we are on a trend that is seen for a few months only each year, sometimes not appearing for a whole year at all. If I were a very long term player I would just load up my long ...
- Haris79 replied Dec 8, 2006
As you can see, the reason is much more cynical ;-) The big boys have done it again, the trap for the bears was followed by the trap for the bulls!
- Haris79 replied Dec 8, 2006
With you on this one of course same on the EUR side. Exited short with profit at 1.3250 and bought it back. Sold @ 1.3355. Now short again @ 1.3353. with a stop@ 1.3383 The spike up could be a delayed exhaustion bar , let's see if it goes down in ...