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Nearly Naked (Simple Trades)

  • #5,761
  • Jul 7, 2010 6:41pm Jul 7, 2010 6:41pm
Quoting Saxon
Going to go grab some dinner. Be back in an hour
Me too.
  • #5,762
  • Jul 7, 2010 6:47pm Jul 7, 2010 6:47pm
Quoting calderone
Me too.
Mine is in the microwave so I guess I'll hold the fort down.
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #5,763
  • Jul 7, 2010 6:50pm Jul 7, 2010 6:50pm
More confidence for eu shorts...

Also cot looks still bearish.

Dollar index close to support fib and trendline
Attached Image (click to enlarge)
Click to Enlarge Name: dollar_index.png Size: 246 KB
  • #5,764
  • Jul 7, 2010 6:51pm Jul 7, 2010 6:51pm
Quoting MarcVUM
What is the real story...the story that you see on the streets?

The story on the streets is different to that shown by the Statistics Dept as explained earlier.
  • #5,765
  • Jul 7, 2010 7:04pm Jul 7, 2010 7:04pm
Marc, did you scalp EU DP. So far +14 pips
  • #5,766
  • Jul 7, 2010 7:21pm Jul 7, 2010 7:21pm
Quoting Saxon
Marc, did you scalp EU DP. So far +14 pips
No, I'm about to step away from the desk since I don't like trading news... on A/U that is. She took me for 10 and I was hoping to make it back tonight...not happening at this point. Oh well.
http://smileys.smileycentral.com/cat/4/4_14_6.gif
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #5,767
  • Jul 7, 2010 7:25pm Jul 7, 2010 7:25pm
Quoting Saxon
Marc, did you scalp EU DP. So far +14 pips
I'm looking at it right now... I had DP at 2618??? It was off by 2 pips
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #5,768
  • Jul 7, 2010 7:28pm Jul 7, 2010 7:28pm
Quoting MarcVUM
I'm looking at it right now... I had DP at 2618??? It was off by 2 pips
I had a short get hit on EU at 23 fib. I also have short limits a little higher on UTL. Also will scalp 1.674 with a SL right above DR1
  • #5,769
  • Jul 7, 2010 7:30pm Jul 7, 2010 7:30pm
For GU will take a sell limit on DR1 which is also 38 fib
  • #5,770
  • Jul 7, 2010 7:30pm Jul 7, 2010 7:30pm
For AU will short at WR1 which is also near "00" and right on FE 100
  • #5,771
  • Jul 7, 2010 8:33pm Jul 7, 2010 8:33pm
Quoting Saxon
For AU will short at WR1 which is also near "00" and right on FE 100
Oh Wow! 9:30pm est...PA shot up. I hope you didn't take the WR1 trade!
Let's see if the 365sma on H4 can hold it back. I'll check on it later tonight.
Attached Image (click to enlarge)
Click to Enlarge Name: au.jpg Size: 224 KB
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #5,772
  • Jul 7, 2010 8:46pm Jul 7, 2010 8:46pm
Heh, yeah. Monthly employment numbers if you weren't aware.
If you want to see some actual economic recovery you clearly have to go down under. Numbers also indicate there will be an interest-rate increase in August.
Imo, it's a bad idea to be short here, unleast until the risk gets turned of again.
But enough talk of the fundies
  • #5,773
  • Jul 7, 2010 9:02pm Jul 7, 2010 9:02pm
Hi guys

  • #5,774
  • Jul 7, 2010 9:12pm Jul 7, 2010 9:12pm
Had a technical issue with MT4 so couldn't scalp those trades
All fixed now
  • #5,775
  • Jul 7, 2010 9:12pm Jul 7, 2010 9:12pm
Quoting MarcVUM
Oh Wow! 9:30pm est...PA shot up. I hope you didn't take the WR1 trade!
Let's see if the 365sma on H4 can hold it back. I'll check on it later tonight.
No, my dealer was giving me off quotes so I couldn't even trade
  • #5,776
  • Jul 7, 2010 9:15pm Jul 7, 2010 9:15pm
Quoting wh1zz0
Hi guys

Waszup!!???
  • #5,777
  • Jul 7, 2010 9:17pm Jul 7, 2010 9:17pm
Quoting Rush
Heh, yeah. Monthly employment numbers if you weren't aware.
If you want to see some actual economic recovery you clearly have to go down under. Numbers also indicate there will be an interest-rate increase in August.
Imo, it's a bad idea to be short here, unleast until the risk gets turned of again.
But enough talk of the fundies
Yeah I knew it was news... kind of surprised since Tradoholic and Siboy are both from Australia and made it apparent that the economy is clearly not in recovery there.... sounded more like it's about to turn downward imo. Interesting. Govts have a funny way of collecting and reporting data.
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #5,778
  • Jul 7, 2010 9:17pm Jul 7, 2010 9:17pm
Quoting wh1zz0
Hi guys

Hey!
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #5,779
  • Jul 7, 2010 9:19pm Jul 7, 2010 9:19pm
Quoting calderone
Waszup!!???
Nuffin' much guys, just lurking..
  • #5,780
  • Jul 7, 2010 9:30pm Jul 7, 2010 9:30pm
Would still trade the GU DR1 if it gets there
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