- Search Energy EXCH
- Halba replied Feb 20, 2013
stopped ranging and a sudden plunge. longs all SLed out. seriously anyone long this pair, needs to take their profits when they are on the table. 15,20,25 pips is fine and quit,. its still an excellent pair to trade though. its trends are solid ...
Aussie Trading Room and Cartoons Gallery
- Halba replied Feb 20, 2013
better after a retrace. its down over 200 without a r/t right as we speak, falling 1 pip a minute crazy stuff, the BOE havent even printed much
Cable Update (GBPUSD)
- Halba replied Feb 20, 2013
my advice look at the other pairs. this is not tradeable after the fall as too risky either long or short.
Cable Update (GBPUSD)
- Halba replied Feb 20, 2013
hmm, that is conservative. 1.30-1.40x by year end is possible at rate of deceleration. there will be corrections on the way though, this is just the beginning of a multi decade decline from above 2.00x to the dollar
Cable Update (GBPUSD)
- Halba commented Feb 20, 2013
the euro increases fundamentals meaningless look at the GBP though sooner or later EUR will react pound is just getting obliterated
Italy industrial orders down 1.8% m/m December -15.3% y/y
- Halba replied Feb 20, 2013
obliterated. splat. blood on the floor. what else to say. since hitting 1.63x on dollar weakness, its been nothing but blood for cable
Cable Update (GBPUSD)
- Halba commented Feb 20, 2013
nzd currency is overvalued on a PPP basis of about 100% it is purely there, due to the "carry" trade of about 2% if there was no carry trade, there would not be a bottom for this currency, which would trade around 0.30 or so correct price ditto ...
Wheeler says RBNZ prepared to intervene, warns on 'one-way' bets
- Halba commented Feb 20, 2013
deflate yen wont work long term.
Tight-fisted Japan firms deal blow to Abe's revival plan - Reuters survey
- Halba replied Feb 19, 2013
i wouldnever short a rising instrument. id wait for it to hit nr a level/and or show signs of congestion. then candlestick pattern. then short. but no short indications at the moment, its risen well. past 2 days it looks dead as a duck very choppy, ...
EURUSD
- Halba replied Feb 19, 2013
strange rises on low liquidity during asian session. with no news i might add. up over 100 now from new york to asia, mainly on stock market rise.
EURUSD
- Halba replied Feb 19, 2013
a very slow pair, only about 40-50 a day. nearly 2 days and hardly much movement.
Aussie Trading Room and Cartoons Gallery
- Halba commented Feb 19, 2013
the stock market has ceased to be a reliable indicator of the plight of main st, long time ago now. main st have not recovered anything of note in the 5 years from 2008. yet wall st continue to make huge profits sending the mkt higher. S&P is up ...
Dow and S&P close at new 5-year highs
- Halba replied Feb 19, 2013
its a good one to trade. pair it up with something else though, as its volatility is low. it trades pretty smooth, nice trends overall, in the long term a definite one to have.
Aussie Trading Room and Cartoons Gallery
- Halba replied Feb 19, 2013
aus economy is still very risk averse. it will capitulate during crisis times and strengthen or stay strong when risk is strong it is still over 1.03, and its daily range continues to decline, now only a measly 40-45 pips! its still possible to make ...
AUD/USD - is it still risk adverse?
- Halba replied Feb 18, 2013
one should not trade eurusd. there was a long earlier for scalper though, but now nothing. but scalping on m1 requires huge screen time.
EURUSD
- Halba replied Feb 18, 2013
market is very flat very low volatility, so not much in it for longs or shorts. the data calendar is nil.
EURUSD
- Halba replied Feb 14, 2013
it has bounced off the demand zone. a good scalp for a m1 trader only asian session. i am liking this pair more and more, good scalps, fantastic spread, decent volatility, just like euro near term support 92.70 has held well
USD/JPY Discussion
- Halba replied Feb 14, 2013
this pair finally after rising for weeks on end has encountered resistance at the 94.20 handle and is going sideways so its in a tight range 92.80 to 93.60 for now
USD/JPY Discussion