How To Make 1000s of Pips by NFX -
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thread: How To Make 1000s of Pips by NFX

  1. #11
    Do anything you think is ideal. The reasons behind this trade are posted all over this thread.

  2. #12
    Junior Member Verokicadayzn's Avatar
    9
    Do anything you think is ideal.
    I am not suggesting concerning trading decisions of reverse manner... simply query/confirm the reasons behind.

    Isn't it safer to ben't doing what we think is not 97% strong?? Just watching will not charge a price...

    a few people even a 16 percent chance of shed will cause to be unhappy (1 sigma chance event)...
    so that we simply stand back watch till it is very certain... (two sigma or 3 sigma possibility event)

  3. #13
    Junior Member m0fletipks's Avatar
    25
    That really is significant: http://www.bloomberg.com/apps/news?p...d=adnPkNhlJaSs

    Here is the type of information which could spark a decent rally in equity markets, so I'd seem to short the dollar on such basis.

    Practice me twitter: http://twitter.com/NewstraderFX
    Fundamentally that doesn't make sense, when the FED stops its lending progr to flood the market with cheap money, is not the opposite supposed to occur - ie the dollar should go strong? So we may have different approaches here, but I am looking at this in the viewpoint.

    Finally though, I am still for the dollar moving short but not for the reasons you already mentioned. First off, the unemployment documents are quote high, in fact that the unemployment claims have risen from 612k to 627k from the past week. That is at least a 0.024percent increase. Employment DOES equate to productivity though not much and a rise of employment will not equate to a growth of products and services. A reduction on the employment on the other hand DOES indie the contrary.

    Second, the FED still hasn't improved the interest rates, that means extra money in the money supply don't you think? And not to mention they will buy $300 billion worth of treasuries this fall, this doesn't bode well for the dollar in the long term. We're gonna find the effects of this in the months that are summer. From the long term I see the dollar weakening.

    And I forgot to mention that the technicals, particularly regarding the USDCAD, I am betting on the Dollar weakening at least with this pair:

    http://photos.friendster.com/photos/...403739703l.jpg

    http://photos.friendster.com/photos/...237522228l.jpg

    Signals indie about the dollar being overbought with this pair from the dailies. I'm going short for today and hope to ch the trend and I will be right, as the pips I get are quite rewarding, but when I get it wrong. Ouch!!

  4. #14
    Junior Member m0fletipks's Avatar
    25
    I see the Fed cutting back on some lending centers as a indiion that states are improving. That amounts to be great for equities/commodities and bad for the dollar.
    NTFX, I'm quite intrigued as to your approaches. Exactly what Economic school of idea are you currently following? Though we see this on the opposite end, we really do arrive at the same conclusions as to the market movement

    Although I have been edued the neo-classical version of Economics, I'm finding myself more of an adherent to the Austrian School of Thought since it makes more sense to me at least.

  5. #15
    The approach is quite easy; the Fed decreased rates and introduced these emergency liquidity progr due to the problems in the financial markets. They will begin to cut back on these progr as requirements simplicity.

    I believe stocks may enhance (and the dollar will weaken) if the market perceives credit requirements are improving. The Fed must see them improving they wouldn't have cut back on them.

  6. #16
    I closed my extended euro, pound and A$ transactions for now-they gained roughly 200 pips immediately.

    Follow me on https://twitter.com/

  7. #17
    This transaction does not make sense after the SP/Case-Schiller HPI. This is exactly what I'm talking about-if you exchange when things are extremely likely to go one way, you can profit. When things can go either way, forget it.

  8. #18
    Junior Member Verokicadayzn's Avatar
    9
    If it's very sure things will go one way... will market effciently get it there? There is also no chance to profit because market moves it too fast.

    This transaction does not make sense after the SP/Case-Schiller HPI. This is precisely what I'm talking about-if when things are likely to go one way you trade, you can profit. When things can go either way, forget it.

  9. #19
    Junior Member Riki2580's Avatar
    1
    Newstraderfx,

    Any thoughts on the recent comments by Kohn?

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