Posts by "qin"

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!!

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.........

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.......

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!!

Steven Blyth
I believe stock market has been peak out and made new high for this year......the selling off will not be so aggressive like last year......Let say, 10% drop, 5% up...it is very possible then heavily drop everyday, on my view.....if it happens as I expected, we won't see USD rally very powerful......making USD rally, need some kind of panic news.......if everyone knows there is a correction, it won't be panic new........

If you ask everyone in the market, they will say there will be correction this month, it is a very tricky thing.....if everyone believe so, usually it won't happen.......but still we need to be careful......
If you find a bubble, try to join with it, but be sure you know it is a bubble, when it bust, you always can get out more quickly then the people who don't know.......