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- stevetan2010 replied May 17, 2007
Have long GBP/JPY, AUD/JPY and EUR/JPY long ago guess it didn't work out. But one thing console is that I am earning interest while holding. lol.......
Daily GBP/JPY analysis
- stevetan2010 replied May 16, 2007
to eat back all the gains in three months, I am in for long...... lol
USDCAD trend reversal?
- stevetan2010 replied May 15, 2007
Canada has oil (Though not much) mostly for export to US.
USDCAD trend reversal?
- stevetan2010 replied May 15, 2007
did not do the fishing yesterday night and I guess i miss the GBP/JPY carry trade train which is a positive +100 pips move up
Daily GBP/JPY analysis
- stevetan2010 replied May 15, 2007
IMHO AUD is still very strong (I compare AUD and NZD becos they are great pals) of cos like you always say IF i did not analysis wrongly.... lol As for AUD/JPY: AUD/JPY has been very kind to me giving me four days worth of interest at one time I am ...
Daily GBP/JPY analysis
- stevetan2010 replied May 15, 2007
Not sure how GBP/JPY will be reacting but I am going to do some fishing for AUD/JPY, GBP/JPY and USD/JPY tonite.
Now I just hope the japanese interest rate will not increase.Daily GBP/JPY analysis
- stevetan2010 replied May 14, 2007
cesarnc, it is because of some many if...then that is why we can earn....
Daily GBP/JPY analysis
- stevetan2010 replied May 14, 2007
I do not know if I am seeing the wrong formation but is GBP/JPY forming an inverted head and shoulder? I mean for daily chart
Daily GBP/JPY analysis
- stevetan2010 replied May 14, 2007
lol he is already in lots of pips in profit that is why he can risk it!!!!
Daily GBP/JPY analysis
- stevetan2010 replied May 14, 2007
Yeah I sort of panic and sell all my positions which if I hold till today my account is up by 6%..... But..... Haizzzzz..... Guess my emotion got me again....
Daily GBP/JPY analysis
- stevetan2010 replied May 14, 2007
I dun know if it is a good time to do some fishing considering that GBP/JPY MAY have some volatility for tomorrow..... Sigh......
Daily GBP/JPY analysis
- stevetan2010 replied May 10, 2007
I will still go long on GBP/JPY and AUD/JPY but at a later date not now. Now my only main aim is to get out of the trade with minimum damage. AUD/JPY and GBP/JPY just raise back and I have take profit. USD/JPY has a short term downtrend and anyway I ...
Daily GBP/JPY analysis
- stevetan2010 replied May 10, 2007
thanks pal for your advice... Now as we speaks the pairs are gaining back. But i am not going to take any chance anymore will sell once it reached breakeven point. Of cos I will keep my short position in USD/JPY though..... But GPB/JPY and AUD/JPY ...
Daily GBP/JPY analysis
- stevetan2010 replied May 10, 2007
This drop truly took me completely by surprise. Looks like thinking in terms of carry trade and positive reports are not enough. Damn........
Daily GBP/JPY analysis
- stevetan2010 replied May 10, 2007
So the real problem is because of massive carry trade unwind?
Daily GBP/JPY analysis
- stevetan2010 replied May 10, 2007
If it reaches 1.98515, I will do the opposite I will buy. Reason simple: Two major tops has been broken at daily chart. I am in a losing position of -90pips. Sweating..... lol
Cable Update (GBPUSD)