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    • 78 Results
    • 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

      kharvell's Trades
    • 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 ...

      US intervention for the dollar
    • 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. ...

      Daily GBP/JPY analysis
    • 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)

      Daily GBP/JPY analysis
    • 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 ...

      Cable Update (GBPUSD)
    • 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 ...

      Daily GBP/JPY analysis
    • 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 ...

      Cable Update (GBPUSD)
    • Posts by Trader Search: 'Basilides'