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Posts by "qin"

482 Posts Total by "qin":
475 Posts by member
Qin
(Jonkoping, Sweden)
7 Posts by Anonymous "qin":
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Sep 4, 2009 1:42
asad, wow double in 3 weeks...
I never do that before.....think I will never do....haha.....it is very high risk leverage......

I only 10 to 15 times leverage on my trading, sometimes even smaller then 10....

Remember last time I was short USD/CAD at 1.12 and the pare went to 1.17 before 1.06?? 500 pips.....that time I was 10 times leverage.........I think I am a very safe player now.......haha......
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Sep 4, 2009 1:25
dbfx.com......they have good research report.....but I don't 100% believe them......
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Sep 4, 2009 1:18
Hey. asad
I think oil and stock will stay flat in UK time......and some profits taking will happen before the report.....usually, it always happen before the big report..........I think the report will be very neutral, so the selling off will resume......again....it is just my thoughts.....

I am waiting the chance....but I am not looking for the chance now........
I would like to wait the report come out then watch the market for a while.....

I hope all of you who have positions can money on tomorrow's report,........

FX,
If I open a small account for trading ...only 5k euro....usually, I can double account within 2 to 3 month.....as a daily trader....but I am in a big account now, it is different strategy to trade......I think I will double account for 9 to 12 months...if I am lucky enough......
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Sep 4, 2009 0:58
FX,
Be patient......I know that you have been waiting for big drop for days......I checked some Japanese traders comment, they want to short USD/YEN.....but they said they want to see how market react on the report tomorrow, they are not short Yen side.......but they are waiting now.....

I don't have any idea on NOK/Yen.....I even don't have the trading pare on DBFX.......I have been avoiding to trade on Yen for 2 months......it is very unpredictable.....I am sorry........if I am not sure, I can't give you advice........

I believe that stock market will drop in near term, I think tomorrow is the profits taking day, If not. I will wait to next week......

Good luck!!

Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Sep 4, 2009 0:28
asad, everyone.....
I am always taking seriously when I comment on this blog......I don't want everyone lose money because of me.......
I have so many losing money experience....and being wiped out once.......I know the feeling about it.....

I will post on this blog when I entry the market and also I will post the size of my positions......if I am wrong, we can learn something from my failure...........if I am right, please bless me.....haha......

Good luck!!! everyone!!! let make a fortune........if we are lucky enough and study hard enough......
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Sep 4, 2009 0:17
I guess tomorrow's report will trigger some profits taking.....if I am right, natural gas will not rise soon.......I mean tomorrow.........

There is some manipulation on the natural gas.......to be honesty, I don't have the positions now.....I closed it at 2.8........only 10 cents profits........ the nov contract and oct contract is 1 dollar gap......it is very tricky........I guess I will long it when there is a clear signal for me..........I think it will go to 6 next year......If i long at 3......still I can double the money.........right??

I am waiting now......I guess FX will give me more profits......I am a very new guy on commodities.....just studying about it....and doing some old fashion research about supply and demand.......

the supply will drop about 5%, but demand will up to 10%...........the big players are buying natural gas stocks......but they are shorting on future..........I am trying to figure it out.........
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Sep 4, 2009 0:06
asad. I am not buying here....

I want to wait to next week.....
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Sep 3, 2009 22:52
Some strange thing happened in Japan......The guy doesn't want to be the new prime minster and he let another elder leader to take his place.....
Will it give some negative news to Yen....I don't know.....let watch......personally, I like Hatoyama to be the new prime minister......
It is too difficult to understand Japanese, they have too deep thoughts.......
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Sep 3, 2009 22:46
hey, everyone
I closed my position on USD/NOK today with some profits. I am feeling that the market will have some correction in near term, but I don't think it will be huge influence to FX market, specially to USD. USD will not rally so much on risk aversion.

About tomorrow's report, I think market will try to take some profits first before the report, then after the report I think market will go down a little bit more, if the number is neutral. If I am right on it, USD will rise a little bit more tomorrow......I will short USD on its rally.

Good luck!!
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Sep 3, 2009 10:23
Steven Blyth,
I used to study religious and philosophy in Japan...my major is Christian Theology and philosophy..haha....i don't think people will like it.....haha......but I studied economy and FX trade by myself.......I like FX....because I always can learn new things from it.....and making some money if I am study hard and lucky enough......

I always read many traders thinking, and bloomberg new and CNBC, just like you........but I am a very skeptic person.......I only believe half of the news or comment.......maybe less then half........

I will post when I entry the market again......good luck!!