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- prentwo replied Sep 18, 2007
looks like a nice bit of resistance on the usdyen i wonder if the us stocks will fall when the usdyen shorts like it did previously
- prentwo replied Sep 18, 2007
2.0165 is the weekly pivot the resistance pivot for euro was accutally 1.3946 but the daily pivot for the euro is 1.3887 never actually made it that high. pound technically hasn't hit its weekly pivot yet and the 2nd resistance for the daily was ...
- prentwo replied Sep 18, 2007
yen just reached my weekly pivot 116.25 still waiting for sell signals on it euro hasnt reached my weekly resistance pivot pounds pivot is 2.0165 so still waiting until i close out my long entry.
- prentwo replied Sep 18, 2007
got to have more than one broker. interbank wouldnt let me close my order i was in such a rush i opened a order with 115 lots by mistake i tried to hurry up and close it but kept getting the famous waiting to close order screen i decided to let it ...
- prentwo replied Jul 17, 2007
next pivot weekly is 2.0533 next point daily for gbp is 2.0478 we shall see some consolidation soon
- prentwo replied Jul 11, 2007
china needs us just as bad as we need them. we love buying all their cheap products more than any other country or the entire eu for that matter. I'm not to worried about that in the near future.
- prentwo replied Jul 11, 2007
2.0382 is the daily pivot with 2.0344 the weekly pivot so im expecting some steam to be released from the longs looking for congestion with possible opportunity for shorts soon. these opportunities wont be high risk high reward however
- prentwo replied Jul 11, 2007
i think 2.0344 is the possible tip of iceberg im not saying it will be a short but more that anything it should stall. If i get a signal to short i will take it because im trying to be mechanical with all my trading but ill only use 1% or 5%. i ...
- prentwo replied Jul 10, 2007
seems like the markets move the most when there is no news. i still remember when dollar longs took a drumming back in november on the thanksgiven thursday. are all the speculators shorting gbp and euro and all the stops being hit you think??
- prentwo replied Jul 10, 2007
i think i read the article the bond ratings were downgraded. hopefully the investors dont drop out completely the dollar has already started a tailspin.
- prentwo replied Jul 10, 2007
all the weekly pivots hit the currencies i traded breaking threw 2 levels of resistance i didnt short the usdjpy though. Finally able to short the gbpjpy i was stopped out 3 times last week. I think you guys should start looking into using the ...
- prentwo replied Jul 5, 2007
support is still at the weekly and daily pivot 2.0133 area if it does retrace im not expecting it to go to much lower than that my next level of resistance is 2.0226 area
- prentwo replied Jul 5, 2007
orion i have resistance at 2.0226 so we in the same boat
- prentwo replied Jul 5, 2007
i still have 2 lots going with stop loss at 2.0155
- prentwo replied Jul 5, 2007
take profits at 2.0188
- prentwo replied Jul 5, 2007
daily pivot at 2.0134 and weekly pivot 2.0131 — i think ill try to buy around these levels they have turned into support for the current range
- prentwo replied Jun 26, 2007
how it helps here is his risk management he is closing out losing positions at different levels. I don't know how many lots he is is using on a particular trade. naturally the more lots used then he should have a smaller stop loss. i dont know what ...
- prentwo replied Jun 24, 2007
i see — i dont know how you are setting up your trades but most of the two low rate currencies the CHF and JPY are the hardest to short. The AUD and NZD are the best to to go long. You go long and set a 1 or 2% stop. It seems like you are ...
- prentwo replied Jun 21, 2007
what risk ratio are you using for your trades — do you use risk ratio at all or are you trying to get 10 pips by increasing or decreasing you number of lots per trade??? you seem to be clearly technical but you are technically going against ...
- prentwo replied Apr 28, 2007
welcome back itme — itme welcome back it seems longer than it actually was i was hearing stories of you being back from the dead. Or even worse the next elvis sighting. Welcome back i think you should start your own website that way you can ...