Community
Blog
kostas19's Blog

kostas19's Blog

Avatar

My outlook on the forex/ commodity markets for the next 1-3 years

kostas19 Posted 20 Feb.
Hi Traders,
I am share my thoughts on the forex/ commodity prices for the next few years.
Firstly I will start with the dollar. A lot of people are long the US dollar and for a good reason. The federal reserve has stated that they are adopting a raising rate policy, while Europe and Asia are keeping the rates low or negative. Personally I am looking rates to go above 3% in the US so i can start shorting the dollar.
The best currencies in my opinion to buy dollars against for 2017 are the Sterlin…
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

A day of huge volitility

kostas19 Posted 5 July  in #Trader's blog
Hi traders,
To sum up the latest trading session, everything went as expected. The pound made new lows always across the board. The Yen generally strenghtened. The next trading set up im waiting for is a 2 3 day retrace/ concolitade in these pairs after which new shorts await us.
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

EURope session activity

kostas19 Posted 4 July  in #Trader's blog
As expected markets didn't move big today. The only thing as a trader that you shouldn't be doing in these conditions is get in and out of the market frequently. Just pick a reletevely good entry relative to the last few days and hold. Hopefully things will pick up in my favour during the asian session.
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

Macro events shake the FX markets.

kostas19 Posted 2 July  in #Trader's blog
Hi traders,
My sentiment on the market at the moment is confirmed by the English vote to leave the Euro area. In my opinion its still 50 50 if England are actually going to leave, but the uncertainty will drive the pound a lot lower, consequently it will drag the euro with it. I also like the JPY beause it acts like a safe haven among currencies when things get back in EU or USA. Here are some charts that broke down on the macro scale.
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/ CHF

kostas19 Posted 24 Jan.
USD/ CHF look really good for going long. My first target is 1.15.
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

Finally won a prize :)

kostas19 Posted 8 Jan.  in #Trader's blog
Congratulations to all December winners.
I only needed 2 years of participation in the trader contest to get in the money. I hope its not the last prize won. Hope you all have a good weekend. Not a great start of this months contest, but hopefully I can catch up in the coming weeks. Still shorting the EURO GBP CAD AUD.
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

Oil big slump today

kostas19 Posted 6 Jan.  in #Trader's blog
Load up on oil sensitive currencies today, because tomorrow there will be some kind of a bounce of oil. I presume the bounse is going to be for at least two percent. I personally like buying CAD/ JPY, sell EUR/ CAD, sell USD/ CAD(very short term for this pair).
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/ JPY

kostas19 Posted 5 Jan.  in #Trader's blog
The pair is coming to desirable levels for going long again. The stop might have to be a bit wider for this trade, because of the possible spikes down to 116, but I see this as the more unlikely scenario because the US dollar is being very strong at the moment.
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/ JPY

kostas19 Posted 5 Jan.
The pair is coming to desirable levels for going long again. The stop might have to be a bit wider for this trade, because of the possible spikes down to 116, but I see this as the more unlikely scenario because the US dollar is being very strong at the moment.
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

Every bounce in the Euro is a gift to short

kostas19 Posted 4 Jan.  in #Trader's blog
My view on the Euro is extremely negative for the near term. I urge every trader that does not have a short position in any Euro positions to get in one now. I see 5 - 10 % devaluation for Euro Usd for the next 2-3 months, even heavier drop against the JPG/ AUD/ CAD.
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