closed trade at 122.00 197 pips all up. couldnt hang on and will look at buy at 121.35 or if it goes over line 122.29 solidly. for now I need a rest.
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
DislikedAttachment
Okay, I will have a go as per what I think I have understood about confluence. Really dont know if it is correct so if anyone would like to correct me please do. I have put diagonal line on chart. It intersects at 120.45 which is a good level across chart. If it hits here I will take buy. My 121.35 line is intraday line although still pretty strong I believe as I had a bounce off it twice today and held my earlier cover well. Would still be watching this level for up but it would have to depend on usdjpy, where eurusd looks...Ignored
DislikedThis was published on Blomberg today
http://www.bloomberg.com/apps/news?p...refer=currency.
There seems to be a contradiction in the analysis, or it is just me who does not understand...
So is it 1.28$ or 1.56$??
The pound will ``trough'' at $1.28, a level not seen since 1985, and sink to a record low of 92 pence per euro in early 2009 as Britain's banks shrink foreign currency borrowings and demand for safety strengthens the U.S. dollar, JPMorgan said. U.K. banks' total foreign-currency borrowings...Ignored
DislikedHello, guys
I hope everyone had a nice weekend. Does anyone see anything to note of at this time. I'm having a hard time getting todays structure clearly in my head. I'm just not seeing anything to great out there. Maybe a usd/jpy long at the lower end of the range but thats about it. I've more or less done nothing so far. I had one long position out usd/cad and closed for a quick 35 pips. But, I don't like Cad so it was a small position any how. What do you guys see?Ignored
DislikedGW I was wondering if you could tell me what the STOXX Boe chart is for and where I would find it. You quoted that as one to keep an eye on last week. thanksIgnored
DislikedI am looking at 1.1800 area on USDCHF - used as support 12/09/07 and as resistance several times on November H4. (Comments?)Ignored