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Cable , Euro and AUD - 21-01-2010
Cable Euro went down and Cable kept holding. Well it can happen but given the levels Euro has gone , it is a bit unnatural. I strongly feel , there is more downside still left for Cable. If we look at the daily chart the shooting start candle two days before is already making things a [...]
Continue reading...Cable , Euro and Aud-20-01-2010
19. January 2010
Cable- Finally !!!! Phew!!!!!. I was waiting for this for quite some time and I am in position to got rid of number of my positions but not yet. My guess given the behaviour yesterday that It will try to go more down now. This drop has happened over the time and not as a sharp [...]
Continue reading...Cable , Euro and Aud-19-01-2010
18. January 2010
Cable - Ok Now I am a bit worried. It has taken a good jump and looks like it may extend the jump based on CPI announcements today. My equity can protect a fair jump but I am not sure I understand this jump as a normal market action . if I compare [...]
Continue reading...Cable , Euro and Aud -18-01-2010
17. January 2010
Cable As expected it fell on Friday , however not at the speed I wished . My view is there are some more falls which are going to come but it may not be dramatic . The market appears to be running thin on liquidity and today being the bank holiday in US that will be [...]
Continue reading...Interesting article in Telegraph UK today
14. January 2010
‘Significant chance’ of second financial crisis, warns World Economic Forum http://www.telegraph.co.uk/finance/financetopics/davos/6990433/Significant-chance-of-second-financial-crisis-warns-World-Economic-Forum.html
Continue reading...Cable , Euro and Aud - 15-10-2010
14. January 2010
Cable - Over night Cable has been stuck in the range of 1.350 and 1.280. What was funny yesterday that there was a same question in most of the analysis sites - Why the hell it is going up? People were trying to find different reasons for explaining why exactly this one pair [...]
Continue reading...Cable , Euro and Aud-14-01-2010
13. January 2010
While I was reading through my Thomson reuters analysis note last night I cam across this peculier comment “At one stage on Friday the weekly candle on the Japanese candlestick study was headed for a “doji” at 1.4325, it in itself a sign of uncertainty and often trend change. Somebody bullied it up [...]
Continue reading...a comment of Earn Like Professionals Do!!
7. January 2010
Sometime before while going through the blogs , I came across this post . The post was quite interesting and I wanted to put a reply but somehow eToro is not letting me login to forums so I thought I would put my responses here. So the post was something like this Earn Like Professionals Do!!! by krishnapras [...]
Continue reading...My thoughts on GBP USD
23. April 2009
GBP USD is my fav currency pair . Quite volatile but I feel comfortable with it. I have quite a lot of my trade (Long) open from the last week. I was expecting to go to 1.5150 and opened a few trades in anticipation when the market went down on me. The decision I was [...]
Continue reading...The disaster of few weeks
11. April 2009
It is quite some time since I have written to this blog and when you read through the end of it , may be you will understand why… As with most of the other traders on etoro platform , My main profession is not forex trading and last few weeks My main profession is taking [...]
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eToro – Forex Trading Forum
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20. January 2010
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