Trading live accounts in a bat country

3100 here. second close 70 pips

eur/gbp 84197 i see

Got to correct myself, usd interest rates projected to stay low into late 2014 instead of just 2014, haha.

Bernanke press conference live on bloomberg as soon as it begins, may be interesting.

eur/usd i see 3150 - 3170

Morning all,

yesterday was a madhouse there on eurusd and usd crosses. I hedged the right time. In evening was off at a dinner so no itchy fingers there.

Today we have jobless claims and durables in NY. Before nooting special over Europe.

Over aSSia EUR kept strong and stable over 1,31. foookers!
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On yields nothing special again...only POR still seen as problematic there.

Merkel said in Davos that everything sgonna be dictated from Brussels from now on! something like that...

Up have 1,3144 to look first.

GS

well that move last night messed the charts up nicely

here are some possible scenarios that are playing out on a wave basis:

Weekly: In extended correction of 1.1638 to 1.6038 bull run - currently on a down slope.

Daily: Making a new high but we have yet to have a higher low, although we have now taken out 2 high points on the move up. 1.2878 & 1.2970.

It is possible this is still wave 4 in the making of a 5 wave down trend - in which case we may yet see +200 pips before a drop back.

Also possible that it has completed a 5 wave pattern and we are now in retracement of the move 1.4246 to 1.2623 in which case we should expect 38.2 - 50% 1.324x - 1.343x.

H4: pretty much the same as daily.

H1: Most likely that it is in an extended wave 5 now havng passed the main target zones for completion. this indicates that a pull back should be due anytime to correct the move up from 1.2623


With conflicting patterns across TF best not to get too cemented on a particular direction and trade a break from a consolidation zone.

S @ 11

same here mate

gonna be carefull still...when they run it so high, they tend to run it for a few 100 more...as you said earlier.

edit:
BE at 12,5

Goldman have put out a BUY recommendation stop close below 1.29 target 1.38.

no idea how good they are at it.

they were wrong last 2-3 times if remember it correctly.
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BE out.

closed my short for a small long.

working on this:

A break of 1.3150 for 1.322x
A break of 1.3050 for 1.293x

Will take a break below 1.3090 or rejection of 1.3150 to short again.

Will add to the long on a break of 1.3250

bought cable at 86-closed +1

sold 16 eurusd

Not very! ZeroHedge is tracking them and says they are 8 for 8 losers... a great contrarian indicator...but I guess the law of averages is now leaning in their favour...


http://www.zerohedge.com/news/lightn...ofit-two-weeks

y looks good on the daily

for sure all the big boys give very questionable info.

normally has such wide stops that it allows all sorts to happen and they can still 2 years later say we were right in the end.

also when they give an entry price say sell dax 6447, it has often already passed the entry point!

not much momement anywhere today getting bored

came back stopped with ease!! foookers

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