Comments on: What is worth trading?

By: admin

admin — Mon, 27 Jul 2009 02:21:48 +0000

At the moment I’m just watching the 86.60 area in cad-jpy. Like I said in the post, for now don’t really want too many trades at the same time.

By: bigFX

bigFX — Mon, 27 Jul 2009 01:42:55 +0000

Hello. I read a lot of your posts last week and I must say that I really like them. You are bullish EUR/CAD. Does it mean you are selling CAD/JPY?

By: Michelle

Michelle — Mon, 27 Jul 2009 01:38:29 +0000

Good to see you back and in high spirit.

By: admin

admin — Sun, 26 Jul 2009 18:41:12 +0000

Bob, it is extremely difficult to define the “summer effect”. After all, markets can consolidate at any time. However, if it happens to many currencies at once, chances are that volume dropped tremendously, probably helped by a lot of people taking vacations now.

By: admin

admin — Sun, 26 Jul 2009 18:39:11 +0000

Good thing, Grace. Glad to hear it.

By: Bob

Bob — Sun, 26 Jul 2009 18:32:07 +0000

I found it difficult to trade last few weeks. Nothing seemed to work. Now you mention the summer effect. Do you think this is a reason behind ugly charts?

By: G.R.

G.R. — Sun, 26 Jul 2009 18:29:32 +0000

Mike, thanks for the suggestion for gbp-jpy trade while you were gone. I left a comment earlier that it worked out great.