Majors & Exotics [EUR / GBP / JPY / CAD / AUD] | Page 13 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 15 replies

GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread 126 replies

Milking 4 pairs AUD/NZD, EUR/GBP,NZD/CAD & AUD/CAD for a living 38 replies

Crosses and exotics (gbp/aud...) 11 replies

trading exotics 0 replies

Attachments: Majors & Exotics [EUR / GBP / JPY / CAD / AUD]
Exit Attachments

Majors & Exotics [EUR / GBP / JPY / CAD / AUD]

  • #241
  • Sep 22, 2008 1:08am Sep 22, 2008 1:08am
Quoting Obaidah
i actually never followed any of your trades, i didnt want to get myself into deep troubles by following talks, but after observing, man you're professional, i wonder if you can share some of the indicators you use in your trades and how you use them, how you know the trend is more likely to continue or not, the things you depend on in taking positions and finally how to know the sentiement in the market, i know .. nobody like to share everything he learned during the years as nobody can give a years of experience in few words, but im making my new strategy and looking for useful things that i could use.

Thanks for your comments. I mentioned the indicators, before, but I don't trade purely on indicators.
  • #242
  • Sep 22, 2008 1:09am Sep 22, 2008 1:09am
September 22, EU Open

EUR/USD

Closed 1/3 more of longs, now have only 1/3 left. Sentiment is weak long; I will long again above Asia Highs.
  • #243
  • Sep 22, 2008 1:21am Sep 22, 2008 1:21am
GBP/USD

Sentiment still medium bullish; not closing any longs; will short below US afternoon lows. However, pairs still should continue higher, maybe after a day or two consolidation.

Longs coming above Asian highs.
  • #244
  • Sep 22, 2008 1:42am Sep 22, 2008 1:42am
GBP/USD

Double bottom in Asia, 1.8250s? If Asian lows hold, and very likely, combined with lower RSI and a double bottom in price, is looking positive for the pair, going into EU and US sessions.

http://www.hostdump.com/host/out.php...ncapture19.jpg
  • #245
  • Sep 22, 2008 6:43am Sep 22, 2008 6:43am
Majors update

As expected, GBP/USD continued higher, now strong bullish sentiment. EUR/USD also turned to strong bullish sentiment, after reaching as close as 1.46. As I am guessing, I think the pair running to get in the 1.52 - 1.61 channel again, which it would hold still until after election, then decide the direction.

Update coming for US Open later on
  • #246
  • Sep 22, 2008 7:07am Sep 22, 2008 7:07am
Quoting preneur
Majors update

As expected, GBP/USD continued higher, now strong bullish sentiment. EUR/USD also turned to strong bullish sentiment, after reaching as close as 1.46. As I am guessing, I think the pair running to get in the 1.52 - 1.61 channel again, which it would hold still until after election, then decide the direction.

Update coming for US Open later on
any possible targets for GBPCAD?
I recommend you read something else as this sentence is now concluded.
  • #247
  • Sep 22, 2008 7:35am Sep 22, 2008 7:35am
September 22, US Open

EUR/USD & GBP/USD

Will be closing 1/3 of both longs, turning to medium bullish sentiment; will look to add longs above EU highs, but with lack of news, don't think it will move much higher (if smthg unexpected don't happen)

The pairs will probably have a down/sideways action for US session; tomorrow's Asian and EU market should resume the trend.
  • #248
  • Sep 22, 2008 7:54am Sep 22, 2008 7:54am
Quoting Obaidah
any possible targets for GBPCAD?
Hello Obaidah,

I have few open trades, now;

i believe the sentiment is weak bearish; in turn could possibly turn medium to strong bullish above 1.9380s; and possibly strong bearish below the US lows of friday.
  • #249
  • Sep 22, 2008 8:01am Sep 22, 2008 8:01am
Quoting preneur
Hello Obaidah,

I have few open trades, now;

i believe the sentiment is weak bullish; in turn could possibly turn medium to strong bullish above 1.9380s; and possibly strong bearish below the US lows of friday.
dont you think gbpusd is going to retrace to its daily 5sma?
I recommend you read something else as this sentence is now concluded.
  • #250
  • Sep 22, 2008 8:12am Sep 22, 2008 8:12am
i have buy signals for gbpjpy with targets around 200, agree or there might be something that i dont see?
I recommend you read something else as this sentence is now concluded.
  • #251
  • Sep 22, 2008 8:17am Sep 22, 2008 8:17am
Quoting Obaidah
i have buy signals for gbpjpy with targets around 200, agree or there might be something that i dont see?

Its weak bearish/not bullish, please check above message again.

For 200+ price target for bullish sentiment, we first need to see GBP/CAD above 1.9380s i believe.

If you're holding longs, its your decision, but i would say put stops below the US lows; core retail sales news could push CAD higher.
  • #252
  • Sep 22, 2008 8:27am Sep 22, 2008 8:27am
Quoting preneur
September 22, US Open

EUR/USD & GBP/USD

Will be closing 1/3 of both longs, turning to medium bullish sentiment; will look to add longs above EU highs, but with lack of news, don't think it will move much higher (if smthg unexpected don't happen)

The pairs will probably have a down/sideways action for US session; tomorrow's Asian and EU market should resume the trend.

What a move right from the US start!

Now strong bullish sentiment lingers for majors against the USD.

Loaded the longs backs; will see the US afternoon action to decide to book some profits then.
  • #253
  • Sep 22, 2008 9:17am Sep 22, 2008 9:17am
Quoting preneur
What a move right from the US start!

Now strong bullish sentiment lingers for majors against the USD.

Loaded the longs backs; will see the US afternoon action to decide to book some profits then.
you know man, sometimes i think that if i buy for example eurchf at a major support and Switzerland is under attack and euro-zone got the best economy ever, suddenly the pair will turn to strong breaish but as soon as i exit my position with loss it will start going in the direction i want, just dont know if its lack of knowledge or bad luck or maybe my broker is playing around
I recommend you read something else as this sentence is now concluded.
  • #254
  • Sep 22, 2008 9:32am Sep 22, 2008 9:32am
Quoting Obaidah
you know man, sometimes i think that if i buy for example eurchf at a major support and Switzerland is under attack and euro-zone got the best economy ever, suddenly the pair will turn to strong breaish but as soon as i exit my position with loss it will start going in the direction i want, just dont know if its lack of knowledge or bad luck or maybe my broker is playing around

Hehe, i dont believe in brokers trading against you stories; if you have doubt of your broker, don't work with them; if their platforms "spike" often, then quit them; apart from that, brokers don't have power to turn the curriencies around.
  • #255
  • Sep 22, 2008 9:33am Sep 22, 2008 9:33am
Wamu to go belly up?

Even though its banned to short financial stock, it looks like the actual stock holders are quitting the WaMu boat; stock is down ~20%
  • #256
  • Sep 22, 2008 9:58am Sep 22, 2008 9:58am
A random update on en exotic:

EUR/AUD

AUD and other high yielding currencies continue to gain, following JPY decline, and a shift in risk aversion. Scene is similar in GBP/AUD

Note that RSI leads the price action now, and we need a confirmation in price too see further downside.

http://www.hostdump.com/host/out.php...ncapture20.jpg
  • #257
  • Sep 22, 2008 10:09am Sep 22, 2008 10:09am
Quoting preneur
What a move right from the US start!

Now strong bullish sentiment lingers for majors against the USD.

Loaded the longs backs; will see the US afternoon action to decide to book some profits then.

Let's see if the USD decline stops US session afternoon; if not, 1.47+ is in works.
  • #258
  • Sep 22, 2008 3:04pm Sep 22, 2008 3:04pm
Well, the USD sell off didn't pause in afternoon US session, and EUR/USD marched as high as 1.4880s.

As we have been pointing out, the EUR/USD is running for 1.52 - 1.61 channel, and will most likely enter the election period in there.


Update on the works.
  • #259
  • Sep 22, 2008 3:09pm Sep 22, 2008 3:09pm
Update on Majors against USD

Closing 1/3 of longs opened today with the break of EU session highs. Profits of ~270 pips are booked on EUR/USD (similar on GBP/USD)

Sentiment turning to Medium Bullish, until EU session open.


Updated charts coming.
  • #260
  • Sep 22, 2008 3:18pm Sep 22, 2008 3:18pm
Oil scores biggest daily dollar price leap in history

October crude hits daily price-move limit, spurring brief halt to trading


This coming after Gold and Silver's largest jumps since 1980s.
0 traders viewing now