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- Basilides replied Jun 13, 2007
Me thinks 237-236.50 is next stop image
- Basilides replied Jun 11, 2007
With USD/JPY not budging and GBP about to have a round 2 of falling, i don't think so
- Basilides replied May 4, 2007
closed my long from1.9850 @1.9929 Looks like Cable wants to move lower before it continues its rise
- Basilides replied May 4, 2007
I am long since 1.9850 regards B image
- Basilides replied Apr 19, 2007
Making another pathetic attempt to go up now. Of course "pathetic" might be 60 pips for this pair. A day's move in others, heh
- Basilides replied Apr 19, 2007
I can;t complain. GBP/CHF shorts also performed well AUD/USD also looks ripe for a short! Let's see what our friends the Tokyo samurais will do with G/J image
- Basilides replied Apr 19, 2007
I'm just piling up shorts as usual
- Basilides replied Apr 19, 2007
was good for 65 pippos ;-) nobody should go long on this and other yen pairs except for short term punts like this one. Not while we are seeing lower highs. This is a quite measured move down on the usd.jpy, no panic selling
- Basilides replied Apr 18, 2007
the sharp drop that you see in the GBP/USD back in the 90s? Wat you see is sterling getting kicked out of the European Rate Mechanism (and George Soros making US$ 1billion in 2 days;-) ) Sterling had entered the ERM overvalued and the market knew it ...
- Basilides replied Apr 18, 2007
USD/JPY looks like a great buy to me now
- Basilides replied Apr 6, 2007
Thanks mom I just mean that I began building a short position and if the pair keep creeping up, I will just keep entering more short positions. I can do that because my trading style is such that I do not go for 50-100pips profit, as you can see. ...
- Basilides replied Apr 6, 2007
I had posted this about a month ago. Closed all my longs yesterday for a nice profit Start building a short position now and will keep pilling up for every 100pip rise, all the way to 241 (if it ever goes back up there)
- Basilides replied Mar 14, 2007
I just entered a load of shorts on Cable and added to my EUR/USD shorts.
- Basilides replied Mar 13, 2007
It's all about risk. All these bad events (foreclosures in the US, drop in stock markets worldwide, yen volatility etc etc) have made investors more risk-averse. Traditionally, when perceived risks (notice "perceived", not necessarily actual) rise ...
- Basilides replied Mar 13, 2007
Sorry for not being clear, I meant they will be buying the yen to push all thosecarry traders who were short the yen, out
- Basilides replied Mar 13, 2007
A few I just entered a nice short on EUR/GBP. The Euro is way overbought imo, though I wouldnt be surprised to see the E/GB higher to form a nice tripple neg. divergence on the daily (from the double currently there) before it tumbles. On ...
- Basilides replied Mar 13, 2007
Talks have started to emerge on the street for various Hedge Funds about to blow up on carry trade unwinding. There is talk of a large UK fund ;-) The big fish will keep shorting the yen pairs to get these funds' money. Like I said earlier, it's pay ...
- Basilides replied Mar 13, 2007
I just closed half my shorts for a nice £14k profit. Keeping the rest having moved position at break even. Need capital to short the EUR/USD
- Basilides replied Mar 9, 2007
sell now!!!