Community
Blog
Ifuga's Blog

Ifuga's Blog

Avatar

One more time

Ifuga Posted 4 Aug.  in #Trader's blog

And off we go again. And I seem to make the same mistakes over and over again! Always behind the front pack. Cant even see the others for dust now. Anyway, the race is on.
USD showed an early weakening but the technical indicators seem to predict a recovery in the afternoon session. So waiting to sell.
See you in the mix
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

EUR/USD

Ifuga Posted 4 June  in #Trader's blog
The EUR/USD continues to excite, having added another 100 pips in the morning session. However it looks set to shed some of those gains as the market self-corrects again. Could slide down up to 70pips in afternoon trade. Its the volumes that continue to excite as playing in the 100s per move means there are some rich pickings to be made. It wont be surprising to see the winner of this month's competition surpassing a million in profits, compared to the 'measly' 700 thousand or so last month. Let…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

Volume

Ifuga Posted 3 June  in #Trader's blog
Excellent volumes continue. The EUR/USD did well yesterday against the background of large volumes which fed a 200 pip move. I cant say that this was a move I could have foreseen. Actually I fell a sucker to the false move down, which knocked off a big chunk of my earlier profits. By the time I realised what was happening, price was galloping away. The market is in the process of correction now, but looks to continue the climb back up around 1900hrs, with huge volumes still pushing price.
See yo…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

And away we go!

Ifuga Posted 1 June  in #Trader's blog

And away we go for another month's race! As I pick myself up from the dust for another attempt (dont know what attempt number this is!) at the prize, I noticed quite interesting volumes on the EUR/USD and GBP/AUD pairs. Rather unusual but refreshing on a Monday and on the first day of the month. So I love June!
Congratulations are in order to last month's winners, and good luck to you all this month.
Lets run! Its a marathon
See you around
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

Market, oh market!

Ifuga Posted 8 Apr.  in #Trader's blog

Here I was, ambling along in the first week of the competition, hunting for pips, aggressing noone, when suddenly in the second week the market has sprung up against me and is now just about to devour me! I know mourning about your loses and how your strategy is not working comes across as boring to others, but I am just stating a fact here; I am being eaten alive. Make no mistake, one is on their own in this game; just you and your charts and whatever strategy it is that is getting you into tr…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

These bulls!

Ifuga Posted 6 Apr.  in #Trader's blog

The US NFP came and went last Friday and took all my early profits with it. And some of my capital too as the bulls took the day. I got thrown clean off the EUR/USD pair as I gambled (despite the rule against gambling in forex trade!) that the bears would carry the day after early predictions on US job numbers. Well, the predictions were wrong and I failed on the hills of those predictions. But today is another day!
The EUR/USD pair is currently capped by 1.0965 and 1.1017 but looks likley to d…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

New Competition, hoping for different results

Ifuga Updated 2 Apr.  in #Trader's blog

A new competition month and I am looking at whats in my box of strategies to see if there is something different in there that I could use this time around and scale the dizzy heights to stardom. Tired of being in these dungeons. I am concentrating strictly on the dollar this month, but the USD is looking rather choppy in all pairs today.
My technicals are telling me to stay out of the market until the dollar embarks on some definite path, but my fingers seem to have a mind of their own. They …
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

Rumbling Rubble

Ifuga Posted 2 Dec.  in #Trader's blog
The RUB continues to be under pressure though it posted some recovery in afternoon trade yesterday, with the USD/RUB pair ending the day at around 51. But that recovery seems temporary and as the news suggested, might have been due to the Russian government's intervention. So I see the USD/RUB pair heading for 55 in earnest today. I intend to be riding that wave. Currency support by governments always seems to incense the market to attack the currency, as if to see just how strong the support is…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

USD/RUB giving back to the market

Ifuga Updated 1 Dec.  in #Trader's blog
As foreshadowed in my earlier post, the USD/RUB pair is right now giving back to the market, and should easily slide down to 50 by close of business today. I have no idea what the fundamentals are! Its just the technicals that are doing the talking.
I see some are out of the gates like lightning. I can hardly see them for dust while I sit here spinning my wheels. Oh well, I guess I am waiting to get some wind in these old sails. Catch you later. y
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

The Mystery

Ifuga Updated 1 Dec.  in #Trader's blog
Beginning of the week, beginning of the month, beginning of this month’s competition; end of the year. There must be some significance here and, possibly, mystery as well. But by far the biggest mystery for me remains the fact that nobody seems able to take top spot twice in a row. The mystery is in why, if a system works spectacularly one month, it wont work again in the same way the following month, taking into account the fact that forex trading patterns are repetitive? One day, I am sure, th…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
More