Market Outlook-30th Jan ‘09
Pardon me if you will, i am still going to be stubborn and keep my outlook as the same as it was yesterday, for today. So, all the ra-ra is the same, but the numbers have changed for gbp/usd. I am going to give a bit more of a bigger range today as it is [...]
Trade Results-29th Jan ‘09
Hmmm, somehow our trade setups yesterday didn’t work out. I see the GBP once again defying all fundamentals and even after FOMC, which i thought was THE trigger to set the mindset right, risk aversion somehow is not sitting back in. Yesterday, the GBP climbed little by little all the way till 1.4400-ish area. The [...]
Market Outlook-Jan 29th ‘09
I have met my monthly quota or target for this month and i was thinking of not trading. However, the commitment to this blog spurs me on and i have so many wonderful people from all over the world commenting me on facebook, on this blog and everywhere else which really keeps me going. Thank [...]
Trade Results-28th Jan ‘09
We had a very tight ranging day yesterday. I strongly believed that the sterling will crash yesterday but somehow it just kept inching upwards against the Usd. I felt that there were no grounds for the sterling to be so bullish and plus minus 50-80 pips from the 1.4270 area, it should collapse. It did [...]
Market Outlook-28th Jan ‘09 – Important!
Today, i am back to trading and there are some very important things to look out for.
Off the cuff, as we look at the market from the asian session till to just about 3 hours after since UK open, we are seeing risk appetite with both GBP and the EUR. However, looking at the 1h [...]
Seeni J G
