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Posts by "montmorency"

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678 Posts Total by "montmorency":
604 Posts by member
montmorency
(Abingdon, United Kingdom)
74 Posts by Anonymous "montmorency":
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montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 12, 2010 18:23
In Thread: Don't Forget the Yen
@Chloe,

I can't remember his name, but one charismatic commentator I read once described what he liked doing sometimes (in an upward trend) was "averaging up", which he paraphrased as:

"Buy, buy, buy, sell, buy, buy....etc" :-)

It's good when it works... :-)
montmorency
UK
Posted Anonymously
14 years ago
Jan 11, 2010 17:58
In Thread: Don't Forget the Yen
@PippedOff: You may well be right about gold. However, I think AUD has a few other things going for it, e.g. Copper. Not to mention the highest interest rate in the industrialised world, with the prospect of a further hike. Personally, I'd wait for a further pullback before buying, but I'd love to go long on the AUD (especially as it pays overnight :-) ).
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 11, 2010 17:49
In Thread: Don't Forget the Yen
@Asad, @Chloe: agreed.

@PippedOff: Your change of attitude is appreciated. Thank you.

In the words of the song (a bit corny, but true):

"Oh well, make someone happy, make someone smile
Let's all work together and make life worth while
Let's work together, come on, come on
Let's work together, now now people
'Cause together we will we stand
Ev'ry boy, girl, woman and a man..."
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 11, 2010 15:31
In Thread: EUR Trade Index 18-Year Chart
@Xaron: Thanks. Interesting, so we haven't really yet had a proper Asian session response to the NFP. Could be more fun and games tomorrow then.
montmorency
UK
Posted Anonymously
14 years ago
Jan 11, 2010 13:24
In Thread: EUR Trade Index 18-Year Chart
@Said: Well for what it's worth, the European stock markets seem to have lost this morning's gains.

We will just have to see what happens when New York gets into its stride.

On my chart, the Nikkei went crazy this early morning ... gapped right down then shot right up.
I'm not sure I trust this chart though (from my Spread-bet broker).
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 11, 2010 13:01
In Thread: More Euro Losses Ahead
I'm slightly surprised that the EUR/GBP hasn't done better than it has in the immediate aftermath of the NFP.

If the GBP/USD post-NFP performance is really dollar weakness and not pound strength, I'd expect to see EUR/GBP do better. It has lost today's gains (although only some of Friday's).
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 10, 2010 23:14
In Thread: GBP Trade Index 18-Year Chart
@rkkashmir: Good call.
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 9, 2010 0:21
In Thread: CHF Backs USD Shorts
@Ashraf: where is the best place to get clues as to what SNB are up to, in addition to here of course?
Do you mean Bloomberg, etc? - Many thanks, M.
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 8, 2010 20:52
In Thread: Don't Forget the Yen
Well I'm still trading in a relatively small way, but even so, I covered the cost of the book, the workbook & the webinar today several times over, and the same yesterday. It's all relative, but I can't believe the positive changes in my account recently. I read Ashraf's analysis, and also what you guys are saying and one or two other sources, filter it through my own judgement and then make my own calls - the responsibility for my trades begins and ends with me.
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 8, 2010 19:52
In Thread: EUR Trade Index 18-Year Chart
@xaron

[quote]
spec, to say it with your words: look at the Euro now it has eliminated most of its losses from the retracement after the news shock today. ;)
[/quote]

Just one more shorting opportunity :-)
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