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- B_Prasad replied Dec 13, 2012
isnt child abuse a serious crime in the countries u guys live
- B_Prasad replied Dec 13, 2012
Do u consider divergence in 1 h our candle? i could see a hiden bullish divergence in gold? any thoughts on this guys?
- B_Prasad replied Dec 7, 2012
That explains the crazy movement in USDJPY...
- B_Prasad replied Dec 6, 2012
That bus might have just come and gone, I doubt its going to bounce back from this fall and if it does come back its going to test your patience after u short there. But the probability from my reading is the year of consolidation is over and we are ...
- B_Prasad replied Dec 6, 2012
sorry i should have quoted my previous post, when i did reiterate that the current PA is not sustainable as any other liquid driven rally and the volume did speak for itself when it went up it was not even close to 70% of average volume and u r ...
- B_Prasad replied Dec 6, 2012
welcome to the world of Fundamentals.... Aud will follow suit soon enough if not today tomorrow or some time soon .... Fundamentals cannot lag behind forever, its my view but if u actually note it, there was a rejection of the PA at critical level ...
- B_Prasad replied Dec 4, 2012
Hmm my GBpAUD is under water, down by 50 pips. A typical example of how u should not rush to buy, I thought i missed the train when the breakout took the price up, I could have waited but whats done is done lesson learned. THE AUD PA is quite not ...
- B_Prasad replied Dec 3, 2012
No RBA has asked all the central banks in the world to buy AUD so that their currency would appreciate
- B_Prasad replied Dec 3, 2012
Good morning peeps... So i wake up and see the Aud wiped a lot of SL...
- B_Prasad replied Dec 3, 2012
Nope I don't gamble and my account will be above breakeven level if the pair were to go to 1.8 with all the three position, my SL if anything it would be 1.5120. My time frame allows me to take decision after i have concrete evidence to cut my ...
- B_Prasad replied Dec 3, 2012
1st target is 450 pip its hardly a push, 1.6440 is a lil of a push but technical wise its possible, emotionally its a diff question all together , when this pair took just lil over a month to hit the recent low from the recent highs it was a 700 ...
- B_Prasad replied Dec 3, 2012
you are absolutely right looking at the monthly charts it is quite possible that it would scale new highs, so i guess i would hold my position without stop loss and have the next sell at 1.3480 and another one at 1.3886 if it were to go there these ...
- B_Prasad replied Dec 3, 2012
I figured that out which is why i quoted the pair again , and yes today is when the RBA rate decision is to be announced. Cheers!!!
- B_Prasad replied Dec 3, 2012
This is purely a technical call, besides if RBA cuts interest rate it should push the GBP/AUD pair up to the previous monthly high of 1.58850 rather swiftly which will be my first target and it is also the shoulder level, if broken should go on to ...
- B_Prasad replied Dec 3, 2012
I think there is a good opportunity GBP/AUD there is a break out and the breakout rally is gaining momentum, I guess we are looking at a 500pip rally there... somehow i missed this one, haven't been keeping a tab on it, bought it at 1.5445.
- B_Prasad replied Dec 3, 2012
well I can understand, I have a big time frame like 1year or even more sometimes if required but i dont trade intraday, daily or weekly unless there is a drastic PA change so short term volatility really doesn't really bother me.
- B_Prasad replied Dec 3, 2012
lol happens everytime i try short term or intraday thats what happens, somehow i can never master the art of quickie . Reg timing, it is not necessarily timing the market every time u buy or sell and perhaps u r right in a way when u say that too, ...
- B_Prasad replied Dec 3, 2012
Oh and am still holding the Usd/JPY long from 78.2 and USD/CAD long rfrom .9928 and Eur/GBP short from .8150
- B_Prasad replied Dec 3, 2012
True it may fall sometime but u can never time the market, well now why do I think it is going to fall or not rise beyond previous high, 1. Dollar strength, it is imperative the fisical Cliff of US has to be contained and measures will be taken ...
- B_Prasad replied Dec 3, 2012
lol... Its amazing how the correlation has changed to inversely proportional vis-a-vis the the markets and euro. Re-initiating the short position @ 1.3070 stop loss @ 1.3190 target open for now.