should
buying the EUR/USD at 1.5750 and setting the stop loss at 1.5800 be a good trade?
buying the EUR/USD at 1.5750 and setting the stop loss at 1.5800 be a good trade?
No brainer fundamental trades 55 replies
This time... I'm Keeping MY MONEY (BRV - No Brainer Trades) 3 replies
The Koala System (No brainer) 127 replies
EUR/GBP SHORT for No Brainer 67 replies
Selling USD and YEN is a no brainer. 12 replies
Dislikedshould
buying the EUR/USD at 1.5750 and setting the stop loss at 1.5800 be a good trade?Ignored
Dislikedreasons ?
I was hoping for the 1.04 bastion to hold...stupid us equities and yieldsIgnored
DislikedIt was pretty used and abused as of late.
For the AUD, I'm looking at this 9507-9500 area. Hope it holds, but USD sentiment seems pretty strong ATMIgnored
DislikedLong 1.9800-1.9790 Lots of S/R in this tight range plus good fib confluence. Not sure about how my fib is drawn, but I like this range even without it. Only problem is that would be after breaking through a trend line, which it is currently testing. Next area comes in at 1.9750'sIgnored
DislikedWhere to would you say? 1.9889 (fib 50) 1.9906 (fib 62) or maybe 1.9926 (fib 76) ?Ignored
DislikedWell if this support holds. . . . dear god I hope it does, I didnt think it would fall to the level quite so quickly, but since this drop is being driven by sheer emotion (which usually means a nice rebound once the bulls begin to fight back) I am taking half at 1.9989 and trailing out the rest.
Of course I might get stopped out if the selling continues at this pace!Ignored
DislikedAs the shine comes off economy after economy the good ole greenback is gaining strength. The problem is that I see room for the USD to run but in the ST it's stretched thin. Will the market keep pushing the USD out of black gold fever or will it keep it's head . Either way, I see further USD strength (for now). The question is how to play it profitably.
THERE IS NOTHING WORSE THAN HAVING A GOOD HANDLE ON THE MARKET AND LOSING $$$$$$$.Ignored
DislikedHow's that? IMO, this move is long over due. The UK keeps talking tough, but their data is consistently weaker at every turn. I'm trying a long at 1.9800, but they could be in for a big drop in the not so distant future.Ignored
DislikedAgreed the UK's false hope baloon is beginning to deflate..... My "emotion" point was on this sell that happened in the last 30 minutes. . . . Overall (in my completely inexpert position) I am looking for a short term bounce before it continues its slope down. . .Ignored