Joined Jan 2012
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Status: Loving Nature*
|3,985 Posts
well , it´s a shame I must go out to lunch cause i´m at work and is my luch time, and I did not bring any smartphone with net...I will loose a good obvious moovement...pitty...100/150 pips up, and after down to 2365. good luck
I'm not sure folks.... I'm thinking of WHY the euro is in peril right now, currently.
instability in political greece and world economy capsizing debtor spain is what's been putting pressure on the E/U for the past 3-4 weeks.
a good QE might bolster the USD strength, as it decreases the chance of another QE....
but a bad QE i dont' think helps the euro...it helps the yen.
QE be damned...it won't give spain half a Trill, and it won't rig the polls in greece.
I think the markets too heavy short for much more downward movement at this moment, so many it'll just be used to cover profitable shorts by savvy market players.
All I know is...really really bad QE.... i'd short eur/jpy.
And I would appreciate if anyone could explain why a good OR bad QE would boost the euro,,,?
X
Ya...those are kinda my thoughts as well (no thoughts on usd/chf)
but down how far today? how much more is this market gonna push pre weekend?
Ignored
It's the weekend, anything can happen, another 100pip move down or 40 pip move up.
Retailers would be best served to not open any overnight positions especially during times like these if your broker is a lazy broker that stops feeding you data during the weekends. *Think gaps*
Anyone trading NFP? And what's your strategy? Care to share?
Ignored
I think the safest, likely most profitable approach would be to look for a move upwards at least to 2360ish... and then look to take shorts around 2360ish -2380ish.
the figure looks good, as does 2420-30.
in fact, every 20 pips until between 2360-2420 look like decent places to short from.
Particularly if we can hit those levels BEFORE we hit 2300... as the stops that are under that barrier would likely be used to cover some shorts pre-weekend.
This is a tough one for me. maybe some of you have a better idea of how this will play out... but I just think short euro on bounces is the way to go.
hm..pushing into 2300 now... maybe cover shorts here... and use NFP to fill up more at a higher price? lol. i basically have no idea other than "really really bad NFP = short eur/jpy"
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Joined May 2012
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Status: Smart trades
|211 Posts
Total Trades:271
Short Positions (won %):271 (97.42%)
Long Positions (won %):0 (0.00%)
Profit Trades (% of total):264 (97.42%)
Loss trades (% of total):7 (2.58%)
consecutive wins ($):107
Averageconsecutive wins:44
it is percentages like that as to why i only go with the trend. trading is about increasing the odds your right. we cant make the market so we have to increase our odds in it.
Total Trades:271
Short Positions (won %):271 (97.42%)
Long Positions (won %):0 (0.00%)
Profit Trades (% of total):264 (97.42%)
Loss trades (% of total):7 (2.58%)
consecutive wins ($):107
Averageconsecutive wins:44
it is percentages like that as to why i only go with the trend. trading is about increasing the odds your right. we cant make the market so we have to increase our odds in it.
I think the safest, likely most profitable approach would be to look for a move upwards at least to 2360ish... and then look to take shorts around 2360ish -2380ish.
the figure looks good, as does 2420-30.
in fact, every 20 pips until between 2360-2420 look like decent places to short from.
Particularly if we can hit those levels BEFORE we hit 2300... as the stops that are under that barrier would likely be used to cover some shorts pre-weekend.
This is a tough one for me. maybe some of you have a better idea of how this will play out......
Ignored
i agree a pull back would be nice. usd posted some shocking numbers. it stayed under 23 for quite some time before popping up and that wall did not look as solid as people were saying...
