Weekly Outlook-16th Feb ‘09
Gdday folks, Monday is past us but is anything significant as you see that there were no important news today and the markets have been mixed pretty much. We are halfway through the US session and there hasn’t been any clean direction as yet.
We have had the last friday filled with speculation and knee-jerk reactions [...]
Trade Results – 13th Feb ‘09
As we had foreseen folks, there wasn’t much movement with the market on Friday and this was a direct relation with the news market. As you see, fundamentally, news drives emotions, and emotions and sentiments drive the market. Everything else you see with the movements are driven by supply/demand, perhaps driven by technical studies to [...]
Market Outlook-Friday the 13th, ‘09. OOooh!
Well, it is friday the 13th today and does that mean bad luck? Well, superstitions aside, market is the market and what we do is what we do. I am a total agonistic when it comes to such superstitious beliefs and lets be accountable for our own actions and events in our daily lives [...]
Trade Results – 12th Feb ‘09
Again, another uncertain day in the world of fundamentals, as i had no bias towards a day when the market is going to be snapping up or dumping our higher yielding currencies. There wasn’t any clear distinct direction with the Asian sessions, and only with the UK session, we saw both GU and EU break [...]
Trade Results – 11th Feb ‘09
We are seeing some short term sells on the ranging contractionary period. We took a couple of trades today. Lets see how they have unfolded;
1) Eur/Usd
2) Gbp/Usd
Trades for 11th Feb ‘09
Total trade for the day – 11th Feb;
Took 2 – Won 1, Lost 1 – 50%
Profit – 64 pips
Loss – 11 pips
P&L for the day [...]
Seeni J G
