Friday, February 18, 2011
Tuesday, February 15, 2011
One learning has been : avoid those fast and cutthroat moves of pairs. They lead to sorrow.
The slow, involved and very boring moves are where the money is.
Fast furious and exciting lands with losses
Slow tedious and boring lands with profits
Tuesday, January 18, 2011
Euro is trying to decide wherther to break out upwards against the USD or continue its recent downtrend. A beutiful congestion pattern is forming the resolution of which may happen this week, leading to some large moves.
Monday, November 15, 2010
As is usual eur/usd topped out by the time the fed and other news came out and now seems slated for the slaughter house having fattened up over last month.
I guess a target in 1.3300s looks plausible.
Let us wait and watch.
Wednesday, October 20, 2010
GBP/USD has changed daily trend to down. Now one needs to look for selling opportunities on rallies.
Monday, October 18, 2010
Saturday, October 16, 2010
For Euro and stocks it has been a heck of a joy ride. Is it going to end now? The Indian stock indices have almost touched their earlier high and caution needs to be exercised, in terms of being a bull. Does it mean the ugly bear will raise its head to bang the indices down? I do not know, in fact no one knows. As long as the easy money is running thru the system and needs to find ways to generate a return it is going to make another few attempts to take the market up. So best is to let the market run its course and make the deision. It is always easier to let the others decide, why take the responsibility?
Time will tell, all I wish is I would be with winning side at every turn!!