http://fxmadness.com/2009/10/16/general/getting-serious-with-china/ This blog goes where few traders dare - the exciting world of Forex outside the dollar! Sun, 22 Apr 2012 16:22:11 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://fxmadness.com/2009/10/16/general/getting-serious-with-china/comment-page-1/#comment-3935 Central Bank’s minutes. | fxmadness.com Wed, 21 Oct 2009 16:39:25 +0000 http://fxmadness.com/2009/10/16/general/getting-serious-with-china/#comment-3935 [...] behind the move aside, I liked it. My GBP-JPY trade, last mentioned in the Getting serious with China post made another solid move. Stop loss can be moved to above entry price, thus making sure this [...] [...] behind the move aside, I liked it. My GBP-JPY trade, last mentioned in the Getting serious with China post made another solid move. Stop loss can be moved to above entry price, thus making sure this [...]

]]> http://fxmadness.com/2009/10/16/general/getting-serious-with-china/comment-page-1/#comment-3902 admin Sun, 18 Oct 2009 12:41:39 +0000 http://fxmadness.com/2009/10/16/general/getting-serious-with-china/#comment-3902 Alex, I'm staying home, at least not traveling far. Alex, I’m staying home, at least not traveling far.

]]> http://fxmadness.com/2009/10/16/general/getting-serious-with-china/comment-page-1/#comment-3901 admin Sun, 18 Oct 2009 12:40:00 +0000 http://fxmadness.com/2009/10/16/general/getting-serious-with-china/#comment-3901 Sorry to hear it Damian. Sorry to hear it Damian.

]]> http://fxmadness.com/2009/10/16/general/getting-serious-with-china/comment-page-1/#comment-3900 Alex Sun, 18 Oct 2009 05:18:44 +0000 http://fxmadness.com/2009/10/16/general/getting-serious-with-china/#comment-3900 Good work on Queen, as always. Are you heading to Majorca for you birthday or staying on the dark side of the pond? Good work on Queen, as always. Are you heading to Majorca for you birthday or staying on the dark side of the pond?

]]> http://fxmadness.com/2009/10/16/general/getting-serious-with-china/comment-page-1/#comment-3899 Damian Sun, 18 Oct 2009 05:16:41 +0000 http://fxmadness.com/2009/10/16/general/getting-serious-with-china/#comment-3899 Everybody, press, tv, was talking about the Pound falling straight to hell, so I short gbp-usd only to see it snap against for hundreds of pips. Awfull. You manage to to buy the Pound and have fun. Is it OK to send you an email? Everybody, press, tv, was talking about the Pound falling straight to hell, so I short gbp-usd only to see it snap against for hundreds of pips. Awfull. You manage to to buy the Pound and have fun. Is it OK to send you an email?

]]> http://fxmadness.com/2009/10/16/general/getting-serious-with-china/comment-page-1/#comment-3896 Prudence Sat, 17 Oct 2009 22:48:28 +0000 http://fxmadness.com/2009/10/16/general/getting-serious-with-china/#comment-3896 So its like stocks where the true value of the company has nothing to do with the price of its stock? Like what sterling actually trades at is unrelated to how much momentum the GBP/? could provide on a good-news day, even if it were bogus? So its like stocks where the true value of the company has nothing to do with the price of its stock? Like what sterling actually trades at is unrelated to how much momentum the GBP/? could provide on a good-news day, even if it were bogus?

]]> http://fxmadness.com/2009/10/16/general/getting-serious-with-china/comment-page-1/#comment-3895 admin Sat, 17 Oct 2009 17:01:22 +0000 http://fxmadness.com/2009/10/16/general/getting-serious-with-china/#comment-3895 Long term fundamentals have not changed. It is possible some changes are happening under the surface, but nothing is visible yet. Charts are better to trade, me thinks. Long term fundamentals have not changed. It is possible some changes are happening under the surface, but nothing is visible yet. Charts are better to trade, me thinks.

]]> http://fxmadness.com/2009/10/16/general/getting-serious-with-china/comment-page-1/#comment-3892 Prudence Sat, 17 Oct 2009 14:59:57 +0000 http://fxmadness.com/2009/10/16/general/getting-serious-with-china/#comment-3892 So it's like stocks are now. Moves up have nothing to do with fundamentals but just "where the money was flowing." I seem to recall you posting about this. So it’s like stocks are now. Moves up have nothing to do with fundamentals but just “where the money was flowing.” I seem to recall you posting about this.

]]> http://fxmadness.com/2009/10/16/general/getting-serious-with-china/comment-page-1/#comment-3891 admin Sat, 17 Oct 2009 14:40:14 +0000 http://fxmadness.com/2009/10/16/general/getting-serious-with-china/#comment-3891 That's why it is difficult to trade short term fundamentals. Pound went up because that's where the money was flowing. Now the tricky part is to decide if this is just a correction, or a more important reversal. That’s why it is difficult to trade short term fundamentals. Pound went up because that’s where the money was flowing. Now the tricky part is to decide if this is just a correction, or a more important reversal.

]]> http://fxmadness.com/2009/10/16/general/getting-serious-with-china/comment-page-1/#comment-3837 Prudence Sat, 17 Oct 2009 07:26:17 +0000 http://fxmadness.com/2009/10/16/general/getting-serious-with-china/#comment-3837 Fundamentally speaking I don't get it. Fundamentally speaking I don’t get it.

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