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
DislikedYet another article on guaging market sentiment and predicting daily direction / seeing where the smart money is. Strategy is along the same lines, but talks more in depth about the Commitment of Traders Report.
http://www.babypips.com/school/getti...ith_forex.html
Most people brush this stuff off in lieu of MACD's and RSI's, but if you REALLY want to know what's going on you should be looking at this data.
Also, because of liquidity issues, I can say from my experience working at a multi billion-dollar hedge fund that these positions are oftentimes difficult to scale out of/in other words, they stay in them and take them off in bits and pieces; so they're usually good for several days or weeks or months, depending on the situation. Scalping is not a common practice for many of these investors, especially on futures or equities purchasing very large quantities. They're the ones moving the market, and shouldn't be ignored.
Use this link for free cot charts: http://www.timingcharts.com/ or http://www.freecotcharts.comIgnored
DislikedOK, been lurking, asked a couple of questions, now to get shot down in flames ... lol.
If I have understood the great information in the this thread I see (and have an order waiting) for gbpusd long at 19658 - SL at 19623. Would have been more confident if this was near one of the fib levels but still looks good to me.
Waiting with the fire extinguisher!!!Ignored
Dislikedwhats your profit target...i am looking at around 106.95..or do u think it could go further?Ignored
DislikedOK, been lurking, asked a couple of questions, now to get shot down in flames ... lol.
If I have understood the great information in the this thread I see (and have an order waiting) for gbpusd long at 19658 - SL at 19623. Would have been more confident if this was near one of the fib levels but still looks good to me.
Waiting with the fire extinguisher!!!Ignored
DislikedHello Billy and Thread,
A good week to us all. May I ask which pairs you trade and which you don't?
Thanks,
LenoxerIgnored
DislikedI definitely like the lower end of that level down to 19600, but my opinion isn't worth so muchIgnored
DislikedIf there is a crawl higher, look for 107.35-107.44 followed by 107.73; both very solid levels, 107.73 holding higher probability.Ignored
Dislikedwhats your profit target...i am looking at around 106.95..or do u think it could go further?Ignored
DislikedIf there is a crawl higher, look for 107.35-107.44 followed by 107.73; both very solid levels, 107.73 holding higher probability.Ignored
Dislikedhttp://www.youtube.com/watch?v=GiBhL...eature=related
OK I feel Lucky so I'm posting some trades after the brew haha this morning with Fannie may and Freddie MAC I'm betting on alittle mean reversion.
Thanks FXORCE for the article http://www.bloomberg.com/apps/news?p...6kE&refer=home
Sell EURUSD @ 1.5730-50 If you scale in which is never a bad idea then put half on the low end and put the other half on the high end.
Buy USDCHF (THE SWISS) I always want to call it the Chef because of CHF
But I digress
Buy the USDCHF @ 1.0220-1.0235
Last one I have is the EJ
Sell EURJPY @ 168.60-80
I was really watching for this one to get back up in the 169.20-50 area and retest the high. But with the USD taking it on the chin today I'm willing to go half size on a sell if it makes this level. London will tell the true story.
Happy trading to all!Ignored