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548 Posts Total by "xaron":
528 Posts by member
Xaron
(Munich, Germany)
20 Posts by Anonymous "xaron":
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Xaron
Munich, Germany
Posts: 528
14 years ago
Dec 3, 2009 12:13
In Thread: GBP Trade Index 18-Year Chart
Personally I trade the longer time frames and don't care about +/- 100 pips. That means low leverage as well so I can sleep well at night. ;) I tried to trade short term in the past but just lost money. I think everyone should learn to use his own brain even though that takes some time.

Trading is like every other profession out there. You can't expect to master it after a few weeks...
Xaron
Munich, Germany
Posts: 528
14 years ago
Dec 3, 2009 12:11
In Thread: GBP Trade Index 18-Year Chart
ashhabiba, unfortunately it's not that easy. You can't just take the levels Ashraf posts here and be 100% confident that the price will go here or there. It's not the way it works. It's just a game of probabilities. Otherwise we all would be rich in no time.
Xaron
Munich, Germany
Posts: 528
14 years ago
Nov 27, 2009 12:14
In Thread: Don't Forget the Yen
Personally I don't think it will go deeper now. The worst case scenario has been priced in and come on... a domino effect because of Dubai? ;)

Be careful with the Yen now. I don't expect it to go up much further as there might be some intervention soon if so.
Xaron
Munich, Germany
Posts: 528
14 years ago
Nov 26, 2009 13:35
In Thread: GBP Trade Index 18-Year Chart
ashhabiba, hmm... can't see it actually. He writes about a resistance at 1.6755 but not to go long. Talking about a resistance doesn't necessarily mean that it gets there. If it would be that easy, we all would make money which is quite not possible. ;)
Xaron
Munich, Germany
Posts: 528
14 years ago
Nov 26, 2009 12:38
In Thread: GBP Trade Index 18-Year Chart
I'm just amazed. Where did Ashraf say something about buying the GBP? As far as I remember he's almost always short in the last months in that pair...
Xaron
Munich, Germany
Posts: 528
14 years ago
Nov 25, 2009 12:12
In Thread: GBP Trade Index 18-Year Chart
EL Shaer: I think it will. Depends on your time horizon. The only question is: How high can it go before? I see it capped around 1.6880 but doubt it will go that high in the next days.
Xaron
Munich, Germany
Posts: 528
14 years ago
Nov 25, 2009 10:13
In Thread: GBP Trade Index 18-Year Chart
The Dollar won't gain beside technical corrections due to the simple fact that the US simply don't want a strong Dollar beside their stupid "strong dollar talk policy". The Dollar might get some love again but I doubt we'll see a real trend change anytime soon (again: beside technical corrections which imply something like a 10 big figures move).
Xaron
Munich, Germany
Posts: 528
14 years ago
Nov 23, 2009 10:27
In Thread: GBP Trade Index 18-Year Chart
Hmm... I sold at 1.0685. Why did you bought up there?
Xaron
Munich, Germany
Posts: 528
14 years ago
Nov 20, 2009 14:21
In Thread: Speculators' Futures FX Positions
Well if you hold longs for 5 months now your entry should be around 0.80. So nothing to worry about. ;) I think it's important for the Aussie to close above 91 this week. If we close below we might see 88/89.
Xaron
Munich, Germany
Posts: 528
14 years ago
Nov 20, 2009 14:19
In Thread: VIX, Oil, BRICS & Sterling's Sell-Appeal
ROFL. Alright, alright. I think we'll see the Euro at parity again... after we've seen the 2.0 level. *gg*

...actually I don't think we will see any of both levels...
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