HAHAHAHA!!

Oh well, it was worth a try, but never say never!

Net realized profit: 800 usd ++++

Unrealized loss: 400 usd +++



This post has been edited by AdamG1981: Dec 20 2008, 10:33 PM


Attached thumbnail(s)

Potential EU retracement to 1.33, weekly shooting star.

Strategy: Short on 4hr OverBOUGHT.

All major pairs are showing OVERSOLD in 4hr chart. Please allow a correction upwards before attempting to short EU and GU.

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Added on December 21, 2008, 3:41 amThe question is , is Aussie and NZ dollar be in demand since both interest rate is highest AMONG 10 OECD nations?



This post has been edited by AdamG1981: Dec 21 2008, 03:41 AM

Sorry, have to disagree with you on FA. Cable is the weakest currency among the 10 OECD countries. King and Trichet have different principles on easing the interest rate. KING might reduce to zero while Trichet might reduce to 1.5 or 1. But definitely not ZERO.

My bias still hasnt change, long carry trades, especially when China and India keeps on reducing interest rate. With oil prices this low, its only about time growth will restart.

A huge warning for those who are holding short positions in EU, AU. Please be aware that monthly candle are showing reversals pending. Either reduce short positions or place tiny long positions on the dips.

The economic data from the Euro Zone is getting worst, but the question still lies, how far and how soon will ECB bring the rates down? The next meeting is in January and will ECB cut 0.5, and if they will do what the US FED, and BOJ do? Buying commercial paper, etc.

In the short term, it doesn't look good for euro but it doesn't look attractive for the USD as the Obama administration has already hinted, they will spend their way out of the crisis, which means print, print, print!

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Added on December 23, 2008, 8:49 amAlso, as time goes without any big blow ups, VIX will slowly drift down, and this will hint that investors are ready to come back to equities and other financial instruments. And when that happen, say goodbye to the dollar and treasuries.

Patience, like small Jeff says is important. You cant win every trade.

Follow the trend as the trend is your friend till the very end.

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Added on December 23, 2008, 8:50 amAlso to add:

IF Congress approves another rebate check for US citizens, it will double the effect of LOW gas prices, low FOOD prices. It's like a double whammy for the USD.

This post has been edited by AdamG1981: Dec 23 2008, 08:50 AM

8188 GBP/USD Done Buy DAY Limit 1.4583 --- 1.4583 30,000 30,000 29/12/2008 21:03:22PM 29/12/2008 21:21:23PM ---
8183 GBP/USD Done Sell DAY Limit 1.4603 --- 1.4603 30,000 30,000 29/12/2008 21:02:16PM 29/12/2008 21:02:16PM ---
8134 GBP/USD Done Buy DAY Limit 1.4625 --- 1.4625 20,000 20,000 29/12/2008 20:38:59PM 29/12/2008 20:39:10PM ---
7966 GBP/USD Done Sell DAY Limit 1.4660 --- 1.4660 20,000 20,000 29/12/2008 19:56:43PM 29/12/2008 19:56:43PM ---
7738 GBP/USD Done Buy DAY Limit 1.4664 --- 1.4664 10,000 10,000 29/12/2008 18:18:52PM 29/12/2008 18:27:29PM ---
7679 GBP/USD Done Sell DAY Limit 1.4698 --- 1.4698 10,000 10,000 29/12/2008 17:59:00PM 29/12/2008 17:59:01PM ---
7550 GBP/USD Done Buy DAY Limit 1.4684 --- 1.4684 10,000 10,000 29/12/2008 16:55:17PM 29/12/2008 17:10:48PM ---
7124 GBP/USD Done Sell DAY Limit 1.4705 --- 1.4705 10,000 10,000 29/12/2008 10:29:05AM 29/12/2008 10:29:10AM ---

All closed.

29/12/2008 31/12/2008 10000 ** $BP/$US 20081231 1.4664
29/12/2008 31/12/2008 ** 10000 $BP/$US 20081231 1.4698 34.00 USD

29/12/2008 31/12/2008 10000 ** $BP/$US 20081231 1.4684
29/12/2008 31/12/2008 ** 10000 $BP/$US 20081231 1.4705 21.00 USD

29/12/2008 31/12/2008 20000 ** $BP/$US 20081231 1.4625
29/12/2008 31/12/2008 ** 20000 $BP/$US 20081231 1.466 70.00 USD

29/12/2008 31/12/2008 30000 ** $BP/$US 20081231 1.4583
29/12/2008 31/12/2008 ** 30000 $BP/$US 20081231 1.4603 60.00 USD

Total Forwarded P/L 185 USD

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Added on December 30, 2008, 2:30 pmToday's trade:

9699 GBP/USD Done Buy DAY Limit 1.4457 --- 1.4457 10,000 10,000 30/12/2008 13:05:18PM 30/12/2008 14:17:33PM ---
9642 GBP/USD Done Sell DAY Limit 1.4512 --- 1.4512 10,000 10,000 30/12/2008 12:08:57PM 30/12/2008 12:08:59PM ---

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Added on December 30, 2008, 3:12 pmGoing to short GU all the way down to 1.39



This post has been edited by AdamG1981: Dec 30 2008, 03:12 PM

Sorry Cscheat, i don't use EA, i use my brains to trade. Trusting another person's "brain" in creating the EA doesn't suit me, or my trading philosophy. Do you know trading constantly evolves? And you are telling me the EA will automatically evolves with trading patterns? Sorry buddy, all it takes is just one big bad event, like US attacking iran, and kaboom, your entire portofolio gone.


Oh, and making 700 ain a big deal, unless the EA makes me 10000 usd in 15 minutes, then maybe i will consider it.


This post has been edited by AdamG1981: Jan 3 2009, 11:19 PM

Yes, very bullish. China's PMI has recovered slightly in December, maybe marking of a bottom. Look for more upside for Aussie dollar.



Thanks!

It's on FXstreet.com, listed on the updates.

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Added on January 4, 2009, 12:59 pmMy opinion, if China eases the monetary policy further, we might see a huge rally coming soon for Hang Seng, Nikkei, SGX.

This post has been edited by AdamG1981: Jan 4 2009, 12:59 PM

Today's early day bird trade:
B200900502M3800 BUY GBP/USD GBP 50,000 1.448 5/1/2009 9:00:25 AM
B200900502LXX00 SELL GBP/USD GBP 50,000 1.4504 5/1/2009 8:51:57 AM

Wave count for EU,

1.28 - 1.47 wave 1
1.47 - 1.33 wave 2

WAVE 3

Possible 1.33 to 1.55?

My younger brother's account that i manage for him. Zero losses in 4 weeks, flawless trades. WITHOUT EA; one month return of 30%

Initial capital: USD 985


And no, I am not MADOFF.

This post has been edited by AdamG1981: Jan 9 2009, 03:54 AM

Nah, i only choose selective clients that can pay for my services.



Most importantly, 30% profit every month, consistently.

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Added on January 9, 2009, 1:05 pmMy WEEKLY TF trade

Shorting Aussie, all the way down to 68.

This post has been edited by AdamG1981: Jan 9 2009, 01:05 PM

No problem Jerry, thanks for the compliment.

Anyways, everybody here i know wants to make quick money, again let me repeat myself, it's not how fast you make em, it's how you keep em.

Risk management and money management and patience are more important than your skills of drawing trendlines, and analyzing fundamentals. And of course, the charts and the fundamentals don't lie.


Do you really think EURO will go down to 1.20? Or below 1.30? Wishful thinking. The greatest printing press in the world are desperate to save its own economy, and they will come out with more creative ways for quantitative easing.

Gold, oil? Sure they are dropping like a rock. But do you think DEMAND will not pick up with so much excess in M2, M3 supply?

Think long term, not short term. Those who trade short term, can't see far, and therefore won't make much.

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Added on January 10, 2009, 4:37 pmUS LIABILITY: 1.5 TRILLION DOLLARS even without the new STIMULUS bill.

A run on USD? I bet my balls it will happen..

This post has been edited by AdamG1981: Jan 10 2009, 04:37 PM

Haha, the unemployment rate is 7.2%, and it will get worst. But notice one thing, the market didnt crash. GU, AU, EU didn't crash, so what gives?

2.5% of long end T bills? I am having a laugh.......


BUY EU, GU, AU on dips, SELL on rallies.

Obama and Congress will DESTROY the DOLLAR so badly that it will be much more worth it to hold toilet paper because even the dollar cant wipe the shit from our ass.

Buy oil and gold. LONG LONG LONG commodities, silver, gold...etc

Rush to safety, you sell risky assets to purchase T bills. When equity market is down, yen and usd appreciates. (but usd will depreciate against the yen)

China has already mentioned they wont be buying too much treasuries in the near future.

China wont sell the T bills it has now, just slow down the purchase of T bills. Why would you want to finance a country that has leaky pockets?