Dislikedany thaughts ?
im seeing 236.85/90 as next level ... ... bounce bounce ???Ignored
- #4,083
- Apr 27, 2007 3:35am Apr 27, 2007 3:35am
Gi, that bounce was fast.
was a nice move. let see how it reacts over here. my expectations is back to support but there is still some sort of possibility to hit 238.60/65 sector again. but time till see.
- #4,084
- Apr 27, 2007 3:40am Apr 27, 2007 3:40am
- | Membership Revoked | Joined Feb 2007 | 1,280 Posts
indeed
- #4,090
- Apr 27, 2007 8:44am Apr 27, 2007 8:44am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
Dow Joves open negative, well, surely on the bad GDP. Watch for bottom fishers (there, too 
) at 11:00 EST.
UJ under pressure from USD bearish sentiment. But carry trades are favored next week, imo.
Out of Yen until Monday. I don't build new positions on Fridays.
) at 11:00 EST. UJ under pressure from USD bearish sentiment. But carry trades are favored next week, imo.
Out of Yen until Monday. I don't build new positions on Fridays.
- #4,092
- Apr 27, 2007 9:17am Apr 27, 2007 9:17am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
Dow Joves open negative, well, surely on the bad GDP. Watch for bottom fishers (there, too
UJ under pressure from USD bearish sentiment. But carry trades are favored next week, imo.
Out of Yen until Monday. I don't build new positions on Fridays.
- #4,094
- Apr 27, 2007 9:46am Apr 27, 2007 9:46am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
April Week 4.
Total Trades: 24 Short Positions (won %): 5 (60.00%) Long Positions (won %): 19 (84.21%)
Profit Trades (% of total): 19 (79.17%) Loss trades (% of total): 5 (20.83%)
Have a nice weekend everybody.
Santa rocks .... Nice weekend you too
- #4,095
- Apr 27, 2007 10:16am Apr 27, 2007 10:16am
Cesar,
How far would you say this will retrace until we get a bounce up? B/t/W the London Fix was late, they wanted extra time to have more tea and scones.
How far would you say this will retrace until we get a bounce up? B/t/W the London Fix was late, they wanted extra time to have more tea and scones.
All hard work brings a profit, but mere talk leads only to poverty.
- #4,096
- Apr 27, 2007 10:46am Apr 27, 2007 10:46am
- Joined Mar 2007 | Status: we are stardust, we are golden | 1,364 Posts
Hope everybody made money in the carnage. Another safe week for me, 160 pips (UJ and GJ) in the bag, and it seems the market is playing rationally after the messy previous week.
Also a very good lesson in correlations: dollar dived down on bad news, GBPUSD bulls appeared, GBPJPY drastically affected as demand for the pound grew. It is always good to keep an eye on the majors. I think both greenback and sterling are looking strong against the yen (just look at how USDJPY rebounded) and the folks trading GBPJPY are going to have a crazy ranging period like the one we had earlier.
Nice weekend, everyone. See you in the next dip
Also a very good lesson in correlations: dollar dived down on bad news, GBPUSD bulls appeared, GBPJPY drastically affected as demand for the pound grew. It is always good to keep an eye on the majors. I think both greenback and sterling are looking strong against the yen (just look at how USDJPY rebounded) and the folks trading GBPJPY are going to have a crazy ranging period like the one we had earlier.
Nice weekend, everyone. See you in the next dip
Virtue finds and chooses the mean.
Aristotle, Ethica Nichomachea
- #4,097
- Apr 27, 2007 11:33am Apr 27, 2007 11:33am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
Cesar,
How far would you say this will retrace until we get a bounce up? B/t/W the London Fix was late, they wanted extra time to have more tea and scones.
I'll let Yen pairs run a little during Asia and early London to make up my mind.
Good to see that GJ mimicked Dow Jones today again, after some days of Yen indecision. I think the "Fukui's effect" will be absorbed on Monday and Yen will start falling again.
- #4,098
- Apr 27, 2007 12:14pm Apr 27, 2007 12:14pm
Hard to tell... UJ held firmly above 119.00 even with the USD negative news. That's what I'd like to see first. To remember that 119.82 was the price from which UJ dropped below 118 a few days ago. So this (119.80/120) is a key area now.
I'll let Yen pairs run a little during Asia and early London to make up my mind.
Good to see that GJ mimicked Dow Jones today again, after some days of Yen indecision. I think the "Fukui's effect" will be absorbed on Monday and Yen will start falling again.
All hard work brings a profit, but mere talk leads only to poverty.
- #4,100
- Apr 27, 2007 4:03pm Apr 27, 2007 4:03pm
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
DONE!
