Search found 14 matches

by mrmaster
Wed Jul 04, 2007 8:16 am
Forum: strategy trading & money management
Topic: The comeback/second chance
Replies: 3
Views: 3656
Gender: None specified

EUR/CHF Long 1.6565 BR:756 $
SL 1.6546
Target 1.6600 and above .

Looking at EUR/SEK for the moment and it has crossed many long term trend lines and it might be in for a long down trend . Thinking of taking a long term position .
by mrmaster
Tue Jul 03, 2007 12:50 pm
Forum: strategy trading & money management
Topic: The comeback/second chance
Replies: 3
Views: 3656
Gender: None specified

Not getting any trades triggered by my system so playing the patience game right now. The dollar is correctly in my opinion weakening against many currencies , see if it will increase gap further.
by mrmaster
Fri Jun 29, 2007 1:40 pm
Forum: strategy trading & money management
Topic: The comeback/second chance
Replies: 3
Views: 3656
Gender: None specified

The comeback/second chance

Ok, after getting my butt kicked and my account blown trading on fundamentals only I decided to revaluate my strategy on mix it with technical analysis too. I will mostly make trades on a system I have developed for spotting short/long term trends. I have back tested it and feel like it's time to pu...
by mrmaster
Wed Jun 27, 2007 9:48 am
Forum: fundamentals
Topic: Fundamental Analysis of USD/SEK
Replies: 8
Views: 9940
Gender: None specified

27.06 Dollar 1/6.91 - Since I don't live in the US I don't know general consensus of market but it is not following fundamentals here. However there it is in a up trend in the technical analysis . Estimation to over 1/7.0 within weeks.
by mrmaster
Mon Jun 25, 2007 12:42 pm
Forum: fundamentals
Topic: Fundamental Analysis of USD/SEK
Replies: 8
Views: 9940
Gender: None specified

Hi Patch,
true - I realize now that trading is 80% discipline if not more and that small gains are the best . I am down but not out ! :-)
by mrmaster
Mon Jun 25, 2007 8:55 am
Forum: fundamentals
Topic: Fundamental Analysis of USD/SEK
Replies: 8
Views: 9940
Gender: None specified

The dollar has gained strength against SEK and was 1/7.05 last week at top . Then Swedish central bank raised interest rates and it went down to 1/6.86 but I think it will bounce back up again , at least my technical analysis says so.

26.06.2007 : 1/6.87
by mrmaster
Mon Jun 25, 2007 8:48 am
Forum: fundamentals
Topic: Fundamental Analysis of USD/SEK
Replies: 8
Views: 9940
Gender: None specified

Well , after realizing that the fundamentals are less important than trend and that not using the common knowledge from books - Trade less , ignore the trend , chase recovery from losses etc.., I have now revaluated my strategy ( blowing my account in the progress). Funny thing is that all my fundam...
by mrmaster
Fri Apr 27, 2007 2:25 pm
Forum: fundamentals
Topic: Fundamental Analysis of USD/SEK
Replies: 8
Views: 9940
Gender: None specified

And I am actively trading now so not just talking BS.
:D
by mrmaster
Fri Apr 27, 2007 2:23 pm
Forum: fundamentals
Topic: Fundamental Analysis of USD/SEK
Replies: 8
Views: 9940
Gender: None specified

My theory got more support with US GDP report today and I stick to my goal.
USD/SEK 1/6,69

GL!
by mrmaster
Thu Apr 19, 2007 10:35 am
Forum: fundamentals
Topic: Fundamental Analysis of USD/SEK
Replies: 8
Views: 9940
Gender: None specified

Fundamental Analysis of USD/SEK

Hi, I have USD/SEK as my main currency pair and would like to share my analysis with you as I think it's a pretty solid bet . Swedens economy is at it's top . The economy is blooming with unempolyment rates dropping. We have a new right-wing government that has lowered the income tax and completely ...

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