No Brainer Trades

G/U 1.495-1.5 coming into range soon

Starting to look interesting in the last hour or two.

I got short EURUSD a little late, unfortunately I don't get home from work until after the Asian session begins and I lost the ability to enter trades at work . Short at 1.3360 on the break, would've liked that 1.3390 level, I took 20 off the table already, have to go out soon and won't be able to monitor it so I moved stop to -20 and am going to let it run for the next few hours, unless it hits 1.3250 which is my initial target.

I jumped out of this for a small profit & will look to re-enter tonight/tomorrow if I can get a better short price.

Yeah, I covered at 1.3213, I'm very interested where price is though. Is the selling running out of steam, will it have been just a small retrace from all the buying earlier?

Yep, waiting another three hours to see what happens when UK wakes up.

eurusd. My chart for today. Have made 110 pips on the way down, now looking for a turn up and target of 1.3330

1.3376 is my preferred target for the above chart but I will take profit at earlier target if it looks slow as that looks slow there. I will move to breakeven now as just coming back from easter things might not be so easy to read.

I am looking at 1.2130 for a bounce on the usdcad. Does anyone have an opinion.

Well...the Cad has broken to the downside...why its moving down...you still have more downside togo before you get to a point where its going to bounce....

Thats just my opinion....so I see nothing till you get to 1.20....

Im in @1.2143 with a tight stop

Hi Tori

Tricky one, 12121 does seem significant on my daily chart but then 12026-12000 looks more appealing to me.

this is my usdcad chart, daily, have taken the trade. In profit. Break even. Nothing to lose.

the eurusd held for 2 short trades off the 1.264 line and that will have to do me because it is getting too weak. That currency is finished for me now unless it moves away further from there.

tori u nailed that one to the pip i wonder how you do that, i also got in on that one but entered a bit earlier .2154,hope to go to break even if given the opportunity if not i am ready to add to my position at .2098 if it goes lower,what do u think

13364?

Ferrari

Have you got twitter4skype running today? The contact seems off line even when called.

[.2098 if it goes lower,what do u think[/quote]
I see 2080 possibly, but if it dishonours the line I chose then I will really wait and watch in case it goes even lower. I chose that line based on what I saw across the chart so anything else defies my assessment. Of course that does not mean I am right. It is just what sticks out at me when I look at the different time frames. I go to breakeven when I can and then watch on 5 min chart if it looks shaky and get out. It comes back to same place and looks solid so I will go again same way. Doesnt always work, but usually does. That is why I had short trades on eurusd as well. Looked shaky and so exited, then went in again. As it is this usdcad is very slow, matching all other charts. I will stay in while it is over my line, but if it breaks through I would rather watch and wait.

usdcad has come back to sit on that line, so I will see if 5 min chart shows anything and still look to buy from there. Because I have chosen that line I watch what happens around it, and if it doesnt come off then I wont look at that pair for while, look at something else. Otherwise I am trying to make the trade match my assesment, instead of the other way around.

eurusd. I would not touch this too quick when it reaches 214 line unless the other charts slow down. I am looking at second line 168, for a buy. I will wait longer because the eurjpy is really dropping and that will pull this down too. I have done really well today so will probably call it quits and say goodnight and goodluck.