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Posts by "rob"
366 Posts Total by "rob":
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Posts by Anonymous "rob":
Would you say the only hope for those long USD/CAD is verbal intervention over the weekend. Esp. considering that Asia will probably eat this up on Sunday and send appetites even higher, thus oil, and CAD? Thanks. Not sure if I should wait it out? Unless of course, this whole thing is V-shaped and we're "out of the woods". I think not but, it's def. not fun to be rational in an irrational market. I did do well with GBP, but unfortunately haven't re-entered this morning. Perhaps I'll re-enter "in Asia". Have a good weekend.
I wasn't feeling this stock rally today and shorted GBP/JPY --- are you sticking with 148.00 by the end of the month? Any targets in the interim. Thanks for your help!
I hear you loud and clear on my failure to get in on the GBP/JPY short. I get hesitant without watching the market as much as I used to. Anyhow, can you give a good entry level to short GBP/USD? Perhaps it will bounce a bit in Asia and overnight in UK/EU. Do you have a level it will be capped at if it does bounce? Thanks much. Time to take advantage of these opportunities. The chart pointing to 1.59 looks promising - great chart!
Thanks for the comment - I've been busy with work and haven't been closely watching the market - so I think my emotions are getting to me more than I'd like. Also, GBP/JPY is soooo volatile that I always think I can wait for a bounce (skyrocket) before shorting. Unfortunately, I it's been plummeting, adding to my skepticism. Also, being rational in an irrational market hasn't helped much for my margin. I'm thinking about getting in now before the Asian session. Just concerned on whether or not profit-taking will send it skyrocketing after I get in. It's about 156.72 now - perhaps 157.00 or even 156.80 --- but there goes my emotions --- US stocks seem to be "stabilizing" upward. Thanks again and have a great weekend!
Nice charts - All of them!!! I'm excited about the S&P chart, because I just sold all my long small-cap stocks at about 3:58pm eastern. Thanks for the info.
Not be nit-picky but I was reading and got confused - should the GBP comments (underlined) under the chart read: Note how GBP/USD first fell below its 50-day MA in Q3 2008 **** (as opposed to 2009)
So I punked out of my short GBP/USD because I thought equities were going to power on early in the morning. I'd like to get in GBP/JPY but I think if the Asian session starts profit-taking from the huge in the US session, we may see quite a bounce in that pair. And as you know, that pair sky-rockets, it doesn't really bounce. Any thoughts on entry points. Thanks for all. Time for SDS it seems.
I shorted GBP/USD yesterday before Asia. Quite low. Regardless, I'm in at 1.6545, now. I thought adding would be of benefit after I saw job data, that doesn't seem to be the case right now. I can kick myself for not shorting GBP/JPY this morning, but that won't help either. Perhaps you can help? My margin isn't huge - do you have targets/thoughts on GBP/USD? Is key resistance at 1.6630? Do you still feel we'll see 1.6500 and 1.6460? I imagine stocks will determine? Seems like people preferred to buy JPY than USD this morning. Thanks a bunch.
I was about to jump in after the Fed decision, but the market seemed to lack a definitive direction. Anyway, does anyone have thoughts on whether the +118 dow will cause increased risk appetite in the Asian session later? My guess is yes, although stocks are certainly off their highs, and it almost seems like the Yen is actually beginning to gain. Thanks