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  • #6,201
  • Jul 15, 2010 5:47am Jul 15, 2010 5:47am
AU is also looking tired, Fib 61.8, on daily stands at 88.79 which was respected yestersday, Over all I think the dollar index is due for a rebound,
Find a job that you love and you dont have to work again in your life.
  • #6,202
  • Jul 15, 2010 5:48am Jul 15, 2010 5:48am
Quoting tradoholic
GBPUSd looks like a good short coming up at 1.5370, Pl have a look
Oh yea. I see. Tight S/L though...
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #6,203
  • Jul 15, 2010 5:50am Jul 15, 2010 5:50am
Quoting tradoholic
AU is also looking tired, Fib 61.8, on daily stands at 88.79 which was respected yestersday, Over all I think the dollar index is due for a rebound,
I agree but only time will tell. unemployment figures out in less than 2hrs. my best guess for the day is that the u.s. equities will sell off and drag the */u pairs with it. We will see soon!
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #6,204
  • Jul 15, 2010 5:51am Jul 15, 2010 5:51am
Quoting MarcVUM
Oh yea. I see. Tight S/L though...
Yeah given strong fundas I am still not sure if I would want to take that trade, but EU already 8 pips ahead in profit, and my limit order sell in in for AU.
Find a job that you love and you dont have to work again in your life.
  • #6,205
  • Jul 15, 2010 6:01am Jul 15, 2010 6:01am
Quoting MarcVUM
I agree but only time will tell. unemployment figures out in less than 2hrs. my best guess for the day is that the u.s. equities will sell off and drag the */u pairs with it. We will see soon!
My astro charts show a strong support for the USD in total. US indices show a massive down side, ( down to 92XX which I expected it to start this week), and the point of turn around is indicated in late Aug ( astrologically). So given the marry of the fundies, techs and astro, I agree with you but this market has surprised me in the past so it could do it again.
Find a job that you love and you dont have to work again in your life.
  • #6,206
  • Jul 15, 2010 6:04am Jul 15, 2010 6:04am
Quoting tradoholic
My astro charts show a strong support for the USD in total. US indices show a massive down side, ( down to 92XX which I expected it to start this week), and the point of turn around is indicated in late Aug ( astrologically). So given the marry of the fundies, techs and astro, I agree with you but this market has surprised me in the past so it could do it again.
If there isn't a big sell off today in equities there will be at least some covering as most traders will want to either lock in profits or insure them with options after such a strong rally. Tomorrow is options expiration and that is typically an UP day.
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #6,207
  • Jul 15, 2010 6:11am Jul 15, 2010 6:11am
Quoting MarcVUM
If there isn't a big sell off today in equities there will be at least some covering as most traders will want to either lock in profits or insure them with options after such a strong rally. Tomorrow is options expiration and that is typically an UP day.
I am flying out on Sat morning my time which will be your Friday afternoon, so will be exiting all trades unless something extra ordinary happens. ie war talks or an earthquake...... ( hopefully non). 14 hour flight, all fully booked so travelling economy, its gonna be a killer...the last thing I would want is to think about my open trades in the plane...lol
Find a job that you love and you dont have to work again in your life.
  • #6,208
  • Jul 15, 2010 6:11am Jul 15, 2010 6:11am
Quoting tradoholic
I am involved in a few diff businesses, one is IT distribution and this trip is mainly for the same.
I will be visiting Mumbai and Bangalore mid Aug or so.
thats nice...i am in chennai...IT distribution....hmmm...wonder what that means...!!
  • #6,209
  • Jul 15, 2010 6:16am Jul 15, 2010 6:16am
Quoting ns_karthik
thats nice...i am in chennai...IT distribution....hmmm...wonder what that means...!!
I buy end of line, overstocked items in bulk and sell them in smaller quantities around the world. Things such as notebooks, peripherals and components are my specialty.
Find a job that you love and you dont have to work again in your life.
  • #6,210
  • Jul 15, 2010 8:05am Jul 15, 2010 8:05am
Quoting nick7r
Marc/Sax

You guys use divergence often?
All the time
  • #6,211
  • Jul 15, 2010 8:08am Jul 15, 2010 8:08am
Well, I have a S Limit at the first arrow. Got to go to a meeting, hopefully it will hold and make me some $ when I get back.
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  • #6,212
  • Jul 15, 2010 8:10am Jul 15, 2010 8:10am
Quoting Saxon
Well, I have a S Limit at the first arrow. Got to go to a meeting, hopefully it will hold and make me some $ when I get back.
Got one at that arrow too
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  • #6,213
  • Jul 15, 2010 8:13am Jul 15, 2010 8:13am
Is this latest blast off due to PPI?
  • #6,214
  • Jul 15, 2010 8:16am Jul 15, 2010 8:16am
Quoting Saxon
Is this latest blast off due to PPI?
don't really know...there are too many numbers being reported. my spreads just increased so I'm waiting until they lower and news is over with.
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #6,215
  • Jul 15, 2010 8:43am Jul 15, 2010 8:43am
Quoting MarcVUM
I agree but only time will tell. unemployment figures out in less than 2hrs. my best guess for the day is that the u.s. equities will sell off and drag the */u pairs with it. We will see soon!
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #6,216
  • Jul 15, 2010 8:46am Jul 15, 2010 8:46am
my EC is at B/E now, and my EU is now 0.50% risk.

I love waking up to see that my trades have launched
A person is only limited by the thoughts he chooses.Þeir fá byr sem bíð
  • #6,217
  • Jul 15, 2010 8:49am Jul 15, 2010 8:49am
forgot to say, good afternoon all
A person is only limited by the thoughts he chooses.Þeir fá byr sem bíð
  • #6,218
  • Jul 15, 2010 8:50am Jul 15, 2010 8:50am
Quoting s2659
my EC is at B/E now, and my EU is now 0.50% risk.

I love waking up to see that my trades have launched
Sweet!
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #6,219
  • Jul 15, 2010 9:10am Jul 15, 2010 9:10am
EC seems to be blasting through the trouble areas.. I like!
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A person is only limited by the thoughts he chooses.Þeir fá byr sem bíð
  • #6,220
  • Jul 15, 2010 9:11am Jul 15, 2010 9:11am
A/U. Taking some profit here.
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When this baby hits 88 miles per hour, you're gonna see some serious s***.
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