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  1. C

    Usd/jpy

    Does this mean you are swallowing your dollar trend tout of last week? Today's price action would give you reason.
  2. C

    FXCM Is Buying RefcoFX - Deal is Done - Funds are safe

    Jimrockford & Tomcole, FXCM also served as the broker of choice for the accused signals and advising swindler James de Wet, aka Team Forex. de Wet placed the futures accounts he managed at FXCM, according to the recent CFTC enforcement action against him. Wonder how much (if any) FXCM...
  3. C

    Usd/jpy

    I appreciate your comments and agree completely with your point #4. In fact, earlier this year, in late July, I bought the Nikkei 225 (CME contract) for that reason, plus one other reason. Here's my post from July 27th: "Time to go long NIKKEI 225 future. I've been waiting since sharp dip...
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    FXCM/REFCO Deal (Justice Delayed, Justice Denied!!!!)

    How about the tchotchkes -- logo'd mousepads and coffee mugs and, of course, the tee shirts emblazoned "I opened an account with RefcoFX and all I got was this tee shirt"?
  5. C

    Usd/jpy

    This carry preference for the dollar strikes me as extremely herdish. And I believe all the herdish factors have passed the point of being fully priced in. So, although I normally would agree that Federal Open Market Committee news would be critical, I don't see it now -- next week in...
  6. C

    Usd/jpy

    Theme for the week: concept sound, execution poor. I started the week bottom picking the YEN, hoping to imbibe the last whiffs of wind in one-year long dollar sail. Afterward, my confirming price rise in near month YEN future, .008300, was met as I predicted at week's start. Problem is I...
  7. C

    Usd/jpy

    From your remark, I gather you are bullish the dollar at the high it reached at the start of this week, aprox 121.35-.40 spot. (It was at that point that I posted my first Yen buy order.) How much more of a loss are you willing -- or would be willing -- to take in that long dollar position...
  8. C

    Usd/jpy

    Nothing but an educated guess about price action in the event week's low pierced, with some consideration of expected light volume overnight prior to European open. Also reflects some consideration of volatility priced into Yen options at the beginning of the week. Last, entry simply reflects...
  9. C

    Usd/jpy

    Week's low in near month YEN future -- .008252 -- touched shortly before European open on Monday, most likely to give way overnight, probably in early Europe trade Thursday. Very little resistance until .008225. Plan to buy the near month at and slightly below .008230, stops to be set 35...
  10. C

    Usd/jpy

    Yen pierced 8300 overnight without conviction. Range bound since post above, 8252 (low during Monday session, which was slightly high for my planned entry) to 8306 (high overnight), or aprox 121.40 to 120.62 spot.
  11. C

    Usd/jpy

    Price hung just above entry; no trade.
  12. C

    Usd/jpy

    Stepping back into the sand box, cautiously, buying/averaging in Yen front month on Globex at .008250 and below, expecting drop to stall with European open, with price to climb above .008300 by mid week (72 hour projection). If correct, will remain long into next week. Stops to be set 10 to 30...
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    2005 is almost over, What is the most memorable stock market moment of year?

    Burial for now of privatization of Social Security, a dream shot for pump-and-dumpers. Shelved for now is its planned investment committee, a triumvirate actually, Newt in the chair, joined by Jack Grubman and Henry Blodget.
  14. C

    Looking for a good FX platform

    Frege, The three traders and members of this board who have first-hand experience with Saxo -- there may be more -- are agreed (if I may speak for them) that Saxo is a bucketshop (which is my opinion and one other member's), or is (and this is not a whole lot better) an expensive and...
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    4x Made Easy© ?

    droll
  16. C

    What happened to "registered forex domain" thread?

    What happened to aforementioned thread? Taken down as spam? Just when it was getting good, what with veteran ET’er (who shall remain unnamed) tuning his GPS to ankle bracelet of defrocked Refco boss. I said the boss merely is scooting to Mumbai, to join FXCM’s affiliate there, but I may...
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    4x Made Easy© ?

    I'm probably missing the upshot of these recent posts, but a neophyte might mistake them as taking these scamsters as serious traders, even if bad at it, or even as serious software sellers, even if their software is not so good. In fact, as SethArb pointed to, they are run-of-the-mill fraud...
  18. C

    Only if you are a succesfull trader

    What possible rational reason can you give for having confidence that anyone who responds by saying that he (or she) meets your criteria is telling you the truth? If you solve that one, you might get a meaningful reply.
  19. C

    New Rogue Trader hits the Copper Market, gets Squeezed

    Latest press (see bolded paragraphs): _______________________________________________ China’s State Reserves Bureau was again the centre of attention in the copper market on Monday, with traders saying that the Chinese government-owned authority might have extended its copper trading...
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