Comments on: China is worried.

By: FED decision. | fxmadness.com

FED decision. | fxmadness.com — Wed, 18 Mar 2009 17:50:46 +0000

[...] of Yen, yesterday I wrote about closing half of my NZD-JPY trade. Last time it was described in China is worried post. Progress slowed down and I decided to lock some profits. Exit was at 52.34 for 166 pips. The [...]

By: Chinese Forex losses. | fxmadness.com

Chinese Forex losses. | fxmadness.com — Mon, 16 Mar 2009 17:17:49 +0000

[...] very often , but think it is worth the risk here. I received a lot of positive feed back about the EUR-SEK trade. Thank you. There is another one of these more “exotic” currencies creating a [...]

By: admin

admin — Sat, 14 Mar 2009 17:51:06 +0000

Thank you B.J, this trade worked out better(faster) than expected. I’m sure with a little work you will be finding trades like this soon. And better ones.

By: B.J

B.J — Sat, 14 Mar 2009 14:16:07 +0000

This trade in EUR-SEK… I would not have believed you actually took it, if I had not read your post a week ago. You really nailed it, both timing and size of the move. Some day it will be me.

By: Michelle

Michelle — Sat, 14 Mar 2009 13:27:10 +0000

They are making known the fact that weak dollar is not welcome. I don’t think they will dump what they hold now. These are conditions for funding any future ( just approved by congress) US debt. Make sure dollar stays strong or borrow money elsewhere.

By: Rob

Rob — Sat, 14 Mar 2009 05:59:02 +0000

The Chinese maybe worried, but I’m sure we don’t know half the picture.Who knows whay kind of wheeling and dealing goes on behind the scenes. Washington probably has ways to encourage China to lend us money.

By: admin

admin — Sat, 14 Mar 2009 05:17:56 +0000

Have some bad news, Renata. Good entry for EUR-PLN is already gone, unless you want to use daily charts.

By: Renata

Renata — Sat, 14 Mar 2009 04:55:01 +0000

I didn’t have the nerve to sit on Krona as long as you did. Per our email conversation, my gains were realized on the big move on Tuesday. Still about 2500 pips, the best trade I ever had. Thank you very much. Is EUR-PLN next to go?