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Posts by "kam"

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34 Posts Total by "kam":
31 Posts by member
Kam
(london, United Kingdom)
3 Posts by Anonymous "kam":
 
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Kam
london, UK
Posts: 31
12 years ago
Jun 26, 2012 10:43
In Thread: EUR
Long EUR/USD into 1.2600-1.2650 then let rip the shorts....
Kam
london, UK
Posts: 31
12 years ago
Jun 26, 2012 10:42
In Thread: EUR
Whats up? it's like a ghost town here.

Looks like everyone is gone to check there offshore tax arrangments after the Jimmy Carr expose!!
Kam
london, UK
Posts: 31
13 years ago
Apr 1, 2011 14:49
In Thread: USD
once against USDCHF long went in at 9265 post NFP. monthly hammer, stronger US fundamentals, Euro debt issues will almost certainly resurface next week once the rate hike circus is over (regardless of 25 bp increase). we all know flight from euro is correlated with flight from CHF to USD. No brainer!
Kam
london, UK
Posts: 31
13 years ago
Apr 1, 2011 14:46
In Thread: CHF
USDCHF long a no brainer first target 9500.

Kam
Kam
london, UK
Posts: 31
13 years ago
Apr 1, 2011 14:45
In Thread: USD
USDCHF long a no brainer first target 9500.

Kam
Kam
UK
Posted Anonymously
13 years ago
Mar 24, 2011 16:52
In Thread: EUR
Just realised..poor grammar and spelling in post below. apologies!
Kam
london, UK
Posts: 31
13 years ago
Mar 24, 2011 16:51
In Thread: EUR
Amazing Euro strength. Despite all the concerns with Portugal (which is totally akin to Greece) and Spanish downgrades, Euro is flying. Why? becuase interest rate hike expectations (and these are only expectations with no certainty or amount) are more in focus the soveriegn debt issues, regardless of fact that every rationale investor should know that these bailouts are like putting water in a bucket with a leak, and sooner or later the money used to bailout will be worth junk, akin to printing money really, but the way Euro is rallying, what do i know!!

All i can say is the previous 2 occasions where Euro tanked from 1.6 and 1.5, Trichet should have just come out with rate hike rhetoric and saved Euro from tanking!!!! seems to work this time.

Needless to say this is why i trade on technicals and use Fundies only for bias or selecting pairs, because charts tell you what traders are doing where as fundamnetals tell you what traders should be doing, which lets admit know one knows...

Kam
Kam
london, UK
Posts: 31
13 years ago
Mar 24, 2011 10:19
In Thread: EUR
Remind me never to trade EURGBP again! This has a mind of its own. Only for those real long term traders out there with a lot of patience. I was short on this near trend line resistance of 8760, feeling good yesterday but today nearing my stop above 8760.

Kam
Kam
london, UK
Posts: 31
13 years ago
Mar 18, 2011 20:03
In Thread: EUR
agreed. but if you look at both the previous occasions when it reversed from trendline resistance, Euro was superstrong at upto the point where it met the weekly resistance. Also if you loook at correlation tables EURGBP and EURUSD are not consistently correlated. But most importantly this is a low risk, high reward setup which actually led me to enter short. I am next week's event risk will be just the catalyst to make this come good.

Kam
Kam
london, UK
Posts: 31
13 years ago
Mar 18, 2011 19:45
In Thread: EUR
Short here with stop above trendline resistance of 87.60. The weekly trendline resistance is not to be messed with. Each time it was hit on last 2 occasions it moved south over 600 pips. little concerned over high positive correlation between EURUSD and EURGBP, but still bearish on it, just. next week crucial though, BOE minutes and UK CPI.

Kam
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