Weblog » Tags » gbpchf (all)
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What is worth trading?
Three weeks is a long stretch for me to be away from computer. Well, maybe not exactly, but trading has been in a background. This means that right now I have this "itch" to trade. Part of me feels "obligated" to get bus… -
Longer term update.
On Friday I closed my shorter term Pound trades. In case of GBP-JPY this ended a string of long trades. Almost immediately I received couple of emails telling me that my action is premature, and Yen is going get much wea… -
Foreclosures at record high.
I think that general public has become somewhat immune to bad news, at least they don't seem to get as much attention as they should. In a logical world, news that nationwide foreclosure rate reached an all time high, sh… -
Yen sinks on... good news.
Japan's Central Bank on Friday upgraded its assessment of the world's second-largest economy, saying that recession may be easing. The BoJ's policy board voted to leave its overnight call rate at 0.1 percent, a move tha… -
Few Forex trades.
Had a busy day on all fronts. Most importantly trading wise. A lot of trades using all kind of charts, short term, long term and everything in between. Today's developments are very interesting. British Pound once more c… -
Currencies are moving.
Week started on a slow note. Asian session was sleep inducing, a little unusual of late. Last few months provided rather lively Sunday opening, so this one stands out. Truth be told, that is how currencies had been behav… -
Pound in pain.
Yesterday, about the time ECB was cutting rates and Euro started its rally, Bank of England also made rate announcement. They decided to leave the rates unchanged. Not much of a surprise, really, considering how low the … -
Long term Forex charts, GBP-CHF.
Some time has gone by since I posted a trade in GBP-CHF. Early this year I was very active in this pair, especially in January when some trades were taken using long term charts. This activity was covered in number of po… -
Is protectionism always bad?
Current financial crisis is often blamed on globalization, as a root of all evil. Good jobs are exported, or outsourced, to countries where labor is much cheaper. Some in the West, countries which lost most jobs, see it … -
Shock and ... what?
I'm glad this week is coming to an end. Of course, I say that every Friday and so do most people. Frankly, though, I need some time to go over charts and do some "profound" thinking. I can't do it while starring at scree…
Recent Weblogs
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China summit
Interesting news from China today. On the eve of U... -
Rating risk.
British pound came under pressure last night, aft... -
Kiwi.
Currencies had an interesting opening to trading w...

