or maybe in this week during G20 meeting, something big stimulus plan been announce? Much bigger than USD700billion bailout

Yes, but then the currency traders will buy on rumor and sell on the news. Fundamentals doesnt change overnight. Either way, it will be interesting tonight.

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Added on November 12, 2008, 9:15 pmMPH, next hour, euro breaks 1.25 and pounds break 1.52?

This post has been edited by AdamG1981: Nov 12 2008, 09:15 PM

hm...i think one point not to forget is the expectation that the prints will be bad. Though in last 2 weeks or so, basic fundamentals seems to be coming back, but not fully.

Adam, how's the Oct new Treasuries' sale? got info bout it?

Trying to get info about it; give me few hours to gather.

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Added on November 12, 2008, 9:22 pmhttp://www.treasurydirect.gov/instit/annceresult/press/press.htm

This post has been edited by AdamG1981: Nov 12 2008, 09:22 PM

@adam
I wish for that. LOL
This is what I get from my chart. I cant really say much about price. Coz I not the one who determine the price. Need to see what our fellow traders in this market is thinking. I holding one SHORT on EU since yesterday. Still holding. GU short still holding as well.




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I covered my GU position for profit.

GJ at 5th wave of downtrend.
Will long when touch lower TL. Long for a wave.

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Added on November 12, 2008, 9:36 pm
aim at 146

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Added on November 12, 2008, 10:13 pmLong at 146.25.
TP 146.90

This post has been edited by dreams_achiever: Nov 12 2008, 10:13 PM


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oil might just dive to 56 on wall street opens..

1 more pips to hit TP. but it didn't hit it. So I closed it manually la. Miss around 30pips I guess


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Short USD/YEN @ 96.56

TP: 95.00

zz keep getting distracted by the chart right in front of me, should probably turn off my comp and concentrate on studying, exam in 7 hours' time!!!

anyway shorted AUD/USD at 6645, TP at 6520

GAME OVER!

Profit from EU, GU, UJ.


Thank you MR paulson, you gave me a flawless victory.



This post has been edited by AdamG1981: Nov 12 2008, 11:34 PM

I stil holding my Gj short wif 300pips profit
EU short 130pips
but usdchf short -46pips.... Sob SOB

Time to cover.

short GJ for a while just now. still can get 40 pips. xD. but still cant cover my loss.

This post has been edited by victor131490: Nov 13 2008, 12:07 AM

My GJ on 630pips profit... Still running

My view on EU


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EJ H4


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Current Setup on my PC now. Wait and see how.


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Shorted GU based on Break of yellow TL

Click my signature for further explanation of TP. Coz I lazy update both LYn and also my blog... Sorrry

This post has been edited by mphpopular: Nov 13 2008, 03:02 AM


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