Comments on: Long term opportunity. http://fxmadness.com/2009/08/27/general/long-term-opportunity/ This blog goes where few traders dare - the exciting world of Forex outside the dollar! Tue, 31 Jan 2012 13:20:56 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: uberVU - social comments http://fxmadness.com/2009/08/27/general/long-term-opportunity/comment-page-1/#comment-4987 uberVU - social comments Sat, 23 Jan 2010 03:41:50 +0000 http://fxmadness.com/2009/08/27/general/long-term-opportunity/#comment-4987 <strong>Social comments and analytics for this post...</strong> This post was mentioned on Twitter by FireandSword: natural gas is next play, not only Forex http://bit.ly/t50gT... Social comments and analytics for this post…

This post was mentioned on Twitter by FireandSword: natural gas is next play, not only Forex http://bit.ly/t50gT...

]]> By: admin http://fxmadness.com/2009/08/27/general/long-term-opportunity/comment-page-1/#comment-2794 admin Sat, 29 Aug 2009 14:55:36 +0000 http://fxmadness.com/2009/08/27/general/long-term-opportunity/#comment-2794 Paul, the Yen ETF (FXY is symbol) is quoted the way futures are- inverted compared to spot market. It is not Yen per Dollar but the other way around. Going long FXY means being bullish Yen, same as selling USD-JPY. If this is your view, then yes, ETF is a good instrument. Although myself, I prefer spot forex. ETF's for me are great for commodities, especially for long term trades, or investments. Paul, the Yen ETF (FXY is symbol) is quoted the way futures are- inverted compared to spot market. It is not Yen per Dollar but the other way around. Going long FXY means being bullish Yen, same as selling USD-JPY.
If this is your view, then yes, ETF is a good instrument. Although myself, I prefer spot forex. ETF’s for me are great for commodities, especially for long term trades, or investments.

]]> By: Paul http://fxmadness.com/2009/08/27/general/long-term-opportunity/comment-page-1/#comment-2790 Paul Sat, 29 Aug 2009 13:20:51 +0000 http://fxmadness.com/2009/08/27/general/long-term-opportunity/#comment-2790 Speaking of ETFS, USD/JPY is approaching the trend line from January. What do you think about buying the USD/JPY ETF (either unlevereaged or 2X leverage) if the price bounces off that line? Couple be a good year plus trade, no? Speaking of ETFS, USD/JPY is approaching the trend line from January. What do you think about buying the USD/JPY ETF (either unlevereaged or 2X leverage) if the price bounces off that line? Couple be a good year plus trade, no?

]]> By: G.R. http://fxmadness.com/2009/08/27/general/long-term-opportunity/comment-page-1/#comment-2778 G.R. Fri, 28 Aug 2009 05:06:48 +0000 http://fxmadness.com/2009/08/27/general/long-term-opportunity/#comment-2778 I like your opinion about Nat, Gas. And even more impressed with way you go about Long term investment with no margin. Let's just say that the price goes to 5.50 or so sometimes within next 2 year. This is almost guaranteed. You double money during this time, outpacing virtually all money managers. Price will never drop to zero, and using ETF is a great idea. Good luck. I like your opinion about Nat, Gas. And even more impressed with way you go about Long term investment with no margin. Let’s just say that the price goes to 5.50 or so sometimes within next 2 year. This is almost guaranteed. You double money during this time, outpacing virtually all money managers. Price will never drop to zero, and using ETF is a great idea. Good luck.

]]> By: admin http://fxmadness.com/2009/08/27/general/long-term-opportunity/comment-page-1/#comment-2777 admin Fri, 28 Aug 2009 03:09:47 +0000 http://fxmadness.com/2009/08/27/general/long-term-opportunity/#comment-2777 Years ago, don't know 2002 or 2003, I participated in the "Global view" forum. There was a guy who made a lot of good calls, but was always on the edge about GBP. He put it something like this "I made a lot of money trading Pound, but then I tend to loose it all". For some reason I remember it. Years ago, don’t know 2002 or 2003, I participated in the “Global view” forum. There was a guy who made a lot of good calls, but was always on the edge about GBP. He put it something like this “I made a lot of money trading Pound, but then I tend to loose it all”. For some reason I remember it.

]]> By: Vlad http://fxmadness.com/2009/08/27/general/long-term-opportunity/comment-page-1/#comment-2776 Vlad Fri, 28 Aug 2009 02:35:41 +0000 http://fxmadness.com/2009/08/27/general/long-term-opportunity/#comment-2776 I know - I live in fear of the GBP. Jean Pierre Roth scares the heck out of me also. I just got lucky the last couple of weeks so I am mouthing off. I know – I live in fear of the GBP. Jean Pierre Roth scares the heck out of me also. I just got lucky the last couple of weeks so I am mouthing off.

]]> By: admin http://fxmadness.com/2009/08/27/general/long-term-opportunity/comment-page-1/#comment-2775 admin Fri, 28 Aug 2009 02:23:59 +0000 http://fxmadness.com/2009/08/27/general/long-term-opportunity/#comment-2775 You are funny, Vlad. GBP gas a life of its own, looks like, and will have a spur when nobody expects it. Probably soon and other currencies will not be moving then. Everybody will be surprised, once again. You are funny, Vlad. GBP gas a life of its own, looks like, and will have a spur when nobody expects it. Probably soon and other currencies will not be moving then. Everybody will be surprised, once again.

]]> By: Vlad http://fxmadness.com/2009/08/27/general/long-term-opportunity/comment-page-1/#comment-2774 Vlad Thu, 27 Aug 2009 21:44:13 +0000 http://fxmadness.com/2009/08/27/general/long-term-opportunity/#comment-2774 I missed pips off the yen crosses when I sold before the goold old IFO. Everyone was in the know on the upside surprise, so I cleared out and gave away some pips. Then there was the new home sales surprise getting ready for the risk on traders. I know, small positions, wider stops. Sold the crosses again and cleared out when Europe started on a bullish sort of tone last night. I am not happy about the aud, but the stink wafting over from Marketwatch about RAB hiking rates is just more excuse for risk on risktakers. Ditto CAD and NZD. That seems to leave the GBP. Waiting for crude to crack. Guess its all green shoots, except who was it, American Eagle today who couldn't sell any cheaply sewn trash to gullible young people today. Maybe the green shoots are drowning in 3 dollar gas. Sold a small lot of aud/nzd, though nzd looks weak on daily charts. Still have the usd/mxn long and it seems to want to push higher still. Gas has an enemy and as soon as it spikes over 3 dollars, Aubrey McClendon is going to go on Clown financial television to tell everyone how profitable Cheezypeek is at 3 dollars ung and how they are going to triple their Haynesville play production next quarter and make even more money off volume. Rest assured America. I missed pips off the yen crosses when I sold before the goold old IFO. Everyone was in the know on the upside surprise, so I cleared out and gave away some pips. Then there was the new home sales surprise getting ready for the risk on traders. I know, small positions, wider stops. Sold the crosses again and cleared out when Europe started on a bullish sort of tone last night. I am not happy about the aud, but the stink wafting over from Marketwatch about RAB hiking rates is just more excuse for risk on risktakers. Ditto CAD and NZD. That seems to leave the GBP. Waiting for crude to crack. Guess its all green shoots, except who was it, American Eagle today who couldn’t sell any cheaply sewn trash to gullible young people today. Maybe the green shoots are drowning in 3 dollar gas. Sold a small lot of aud/nzd, though nzd looks weak on daily charts. Still have the usd/mxn long and it seems to want to push higher still.

Gas has an enemy and as soon as it spikes over 3 dollars, Aubrey McClendon is going to go on Clown financial television to tell everyone how profitable Cheezypeek is at 3 dollars ung and how they are going to triple their Haynesville play production next quarter and make even more money off volume. Rest assured America.

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