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- stevetan2010 replied May 10, 2007
Hey you!!! at least let this beautiful beast move up another 40 pips ok!!! I have two positions in it and one is already in +120pips while the other is still stuck at +20pips!!!! lol.........
Daily GBP/JPY analysis
- stevetan2010 replied May 10, 2007
Still hanging there at 1.99515...... and sweating.... 7 mins to trade balance
Cable Update (GBPUSD)
- stevetan2010 replied May 9, 2007
just went in GBP/USD at 1.99515 USD Interest rate is 5.25%. Current GBP Interest rate before announcement is 5.25%. my opinion is BOE increase rate => Uptrend continuation the higher the interest difference the longer the uptrend but not steeper. ...
Cable Update (GBPUSD)
- stevetan2010 replied May 9, 2007
Hi tdion, thanks for your info but does this broker has slippage problem and will it stop hunt?
EURUSD
- stevetan2010 replied May 9, 2007
IMHO GBP/JPY has started her last march north before she move south. I dun think GBP economy is able to cope with her high currency value for long. I think the last march will end at 240.5 though. BUT enjoy the ride north GUYS! damn my three pairs ...
Daily GBP/JPY analysis
- stevetan2010 replied May 9, 2007
Seems to me that Sami is a follower not a trader.....
Daily GBP/JPY analysis
- stevetan2010 replied May 8, 2007
Interest rate is one thing i am damn obsesses with now lol cos I have seen the power first hand using oanda account. But it is a shame though oanda did not offer NZD/JPY pair else it will be magnificent............
EURUSD
- stevetan2010 replied May 8, 2007
I am now thinking along a possibility of a new uptrend channel not a major reversal for GBP/JPY pair. But I still stick to "Nothing lasts forever" fact so I am preparing myself mentally for a loss.
Daily GBP/JPY analysis
- stevetan2010 replied May 8, 2007
Now i wake up from my pips dream it is in powerfully red. But GBP/JPY is now in black.... lol... wtf.... FOREX GODS WHERE ARE U!!!!
Daily GBP/JPY analysis
- stevetan2010 replied May 8, 2007
My take to this is unless MR Cable wants to cut down the interest rate else holding or increasing the interest rate is as good as telling the bull bull to keep going north
Daily GBP/JPY analysis
- stevetan2010 replied May 8, 2007
I also in the trade for the following pairs 1) EUR/USD 1.35677 2) USD/CHF 1.21574 3) USD/JPY 119.609 4) GBP/USD 1.98137 => Waiting to be filled currently all is in red though.... lol
Daily GBP/JPY analysis
- stevetan2010 replied May 8, 2007
Thanks for the assurance cesarnc. I based on the fact that the bear bear has score a major victory against the bull bull at 238.36 although I know i maybe wrong. hhhmm.... Hope I did not get in the wrong time.....
Daily GBP/JPY analysis
- stevetan2010 replied May 8, 2007
Buy at 239.026 and 235.826 cause I still strongly believe carry trade will still go on.
Daily GBP/JPY analysis
- stevetan2010 replied May 6, 2007
A drop of more than 840pips!! anyone have catch this trend?
Lets talk USDCAD
- stevetan2010 replied May 4, 2007
DUn know to keep holding my GBP/JPY which is currently in 120 pips in profits (238.162) or sell it. T_T Damn it is sure a very tempting moment for me although i know that carry trend is looking strong..... Haizzzz An the damn aud/jpy the stubborn ...
Daily GBP/JPY analysis
- stevetan2010 replied May 3, 2007
hhhmmm..... IMHO: a) If you place your trade and keep looking at your precious, it is 100% psychological. b) If you place your trade by flipping a coin to predict. It is 100% gambling. c) If you place your trade confidently after TA and FA checking ...
How much of Forex trading is psychological?
- stevetan2010 replied May 3, 2007
Two ways to learn 1) Hard way - Continue to lose money but on the way learn to lose it small and eventually turning it into profits. NOTE: You have use this for the past 4 years and apparently you learn nothing like me(Ok I try hard for 1 year and ...
Please tell me your method!
- stevetan2010 replied May 1, 2007
guess I misread lol have close my short position and into long
Cable Update (GBPUSD)