That was to me. If you cannot remember what you write and who you write it to, you'd best not write at all.
vital, if you really knew what you were saying, you wouldn't be spending time posting on this thread, arguing with us "newbies", and instead be off in hawaii on your huge yacht wasting the day away. So do us all a favor, buzz off if you really don't have anything good to contribute. To criticize someone's strategy and yet contribute nothing to the criticism is pointless and a complete waste of everyone's time by letting us read your crap.
Damn, EUR/USD continues to go higher, and I sounded bearish(though I haven't wavered from my positions, especially gold and aud/usd) but it was stupid of me to listen to other people. Not because they're wrong, but because they think in different time frames and think larger than people like me who are content with smaller profits(we'll take larger ones as well thank you) Well, I've learned my lesson, unsubscribing from this thread, from now on, listening to self, self is always right till proven wrong by the market...
This thread is just a place for conversation, GF - sometimes it's good to listen to other's comments, but you shouldn't alter your strategy. I'm not altering mine, I'll remain short for now until my stop is hit. I continue to maintain that we'll see a correction when the month begins (this is a holiday for many in the EU).
I think there will be a correction at somepoint. Lets not forget cable has risen 600 pips in 3 trading days. However, i wouldnt short yet as the trend is up. Its a data-heavy week, so a lot can happen. I think playing the crosses such as Eur/GBP, Eur/Chf and Aud/Nzd are more predictable ways of making money.
while a bit off topic, im starting to prepare some short of the yen. The BOJ will have to think twice raising their rates when they're not even 100% sure they're out of the woods yet.