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  • #94,621
  • Jun 6, 2012 12:56am Jun 6, 2012 12:56am
better get a setup
  • #94,622
  • Jun 6, 2012 12:58am Jun 6, 2012 12:58am
yoyo big mo's.... juust in time.... here they come... back finally those uk bastards
  • #94,623
  • Jun 6, 2012 1:00am Jun 6, 2012 1:00am
damn what happened to aussie... i knew she looked strong for a fresh rate cut...

this is looking nice on my eur/aud shorts....

eurusd-2500 wow not surprising!
  • #94,624
  • Jun 6, 2012 1:12am Jun 6, 2012 1:12am
oh yea... strong GDP q1 aussie nice.... eur is still garbage!

another day another euro die....
  • #94,625
  • Jun 6, 2012 1:15am Jun 6, 2012 1:15am
they are saying speculation of a 25bps cut from Draghi?
  • #94,626
  • Jun 6, 2012 1:27am Jun 6, 2012 1:27am
Quoting gatorinla
2962-2622=340
2622-340=2282=low (2284)
1/4 of 340=85

low plus 3/4=2537
last nights high 2541
um from previous leg 2538
tl at 2415/16
other 1/4
2367
2452
2537
todays close 2451, below 2452 1/4 that is actually a mid 2282/2622
I'll make a note of them brother....looks like a pretty nasty two bar combo against 2496, might turn out to have been a good short here, but I'm still favoring longs me thinks...
Attached Image (click to enlarge)
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Look Sharp/Trade Tight
  • #94,627
  • Jun 6, 2012 1:28am Jun 6, 2012 1:28am
Quoting Monroe
they are saying speculation of a 25bps cut from Draghi?
Yeap Draghi's show today. He and the ECB have been muted in the last 4 weeks: and 800 ticks down, Spanish banks on the brink, EU meeting, G8, G7 and almost every leader in the world have "screamed" for action (reaction) to what is going but nothing ...today he must answer some question and the ECB must (re)act...

We'll see but LTRO+++ and even a rate cute is in play....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #94,628
  • Jun 6, 2012 1:30am Jun 6, 2012 1:30am
Quoting sisse
Yeap Draghi's show today. He and the ECB have been muted in the last 4 weeks: and 800 ticks down, Spanish banks on the brink, EU meeting, G8, G7 and almost every leader in the world have "screamed" for action (reaction) to what is going but nothing ...today he must answer some question and the ECB must (re)act...

We'll see but LTRO+++ and even a rate cute is in play....

sisse
Agreed, good luck dude. You gonna be sitting out till then?
  • #94,629
  • Jun 6, 2012 1:37am Jun 6, 2012 1:37am
Yep just read some shops like Barcap expecting LTRO announcment...
  • #94,630
  • Jun 6, 2012 1:43am Jun 6, 2012 1:43am
Quoting Monroe
Agreed, good luck dude. You gonna be sitting out till then?
Depends. There is a couple of very decent areas with potential trades in indices (almost all european indexes show +/- the same plays) to load early before the announcement.

In the euro, it looks less tempting but a London run of stops 1.255x will clean the way to 1,267x for later. Failure to test those levels in the opening range will prolly put me on the sidelines until more FA and TA data.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #94,631
  • Jun 6, 2012 1:43am Jun 6, 2012 1:43am
Quoting Monroe
yoyo big mo's.... juust in time.... here they come... back finally those uk bastards
watcha doing in the CAD bro, anything?
Look Sharp/Trade Tight
  • #94,632
  • Jun 6, 2012 1:45am Jun 6, 2012 1:45am
Quoting sisse
Depends. There is a couple of very decent areas with potential trades in indices (almost all european indexes show +/- the same plays) to load early before the announcement.

In the euro, it looks less tempting but a London run of stops 1.255x will clean the way to 1,267x for later. Failure to test those levels in the opening range will prolly put me on the sidelines until more FA and TA data.

sisse
sounds good, yea stops above those levels def in view.
  • #94,633
  • Jun 6, 2012 1:46am Jun 6, 2012 1:46am
Quoting PayTheLimit
watcha doing in the CAD bro, anything?
eurcad short usdcad long... 0300 looks nice for later

I have a lil strat in usdcad based on the fact that there is probably only a few banks dealing that sh*t right now during london, i'll wait for the test but im still bullish, nothing changed on that view, I'm lucky I got out with a small profit on that yesterday, what a gamble.
  • #94,634
  • Jun 6, 2012 1:51am Jun 6, 2012 1:51am
Quoting Monroe
eurcad short usdcad long... 0300 looks nice for later

I have a lil strat in usdcad based on the fact that there is probably only a few banks dealing that sh*t right now during london, i'll wait for the test but im still bullish, nothing changed on that view, I'm lucky I got out with a small profit on that yesterday, what a gamble.
yea, I'm looking at 0310 myself...eurcad looks lower, but I dont like the way the levels are set up, so its out...what says you about Eur/JPy, follow them at all?
Look Sharp/Trade Tight
  • #94,635
  • Jun 6, 2012 1:55am Jun 6, 2012 1:55am
Quoting PayTheLimit
yea, I'm looking at 0310 myself...eurcad looks lower, but I dont like the way the levels are set up, so its out...what says you about Eur/JPy, follow them at all?
I dont like messing around on yen at the moment. I am expecting lower UJ soon enough and im setting up to try and catch an intervention (which may turn into an epic fail) so EJ is a no go for me, if anything lil squeeze higher maybe if eurusd squeezes some more into the ECB.
  • #94,636
  • Jun 6, 2012 1:58am Jun 6, 2012 1:58am
Quoting Monroe
I dont like messing around on yen at the moment. I am expecting lower UJ soon enough and im setting up to try and catch an intervention (which may turn into an epic fail) so EJ is a no go for me, if anything lil squeeze higher maybe if eurusd squeezes some more.
the only other thing I got of my radar is 5745/49 in Gbp/Aud, test/reject for a short...Gbp/chf is looking sloppy, so its out too..
Look Sharp/Trade Tight
  • #94,637
  • Jun 6, 2012 1:58am Jun 6, 2012 1:58am
Quoting kenfen69
Engulfment everywhere.

Frankie setup?
thanks for the avatar
  • #94,638
  • Jun 6, 2012 2:01am Jun 6, 2012 2:01am
Quoting PayTheLimit
yea, I'm looking at 0310 myself...eurcad looks lower, but I dont like the way the levels are set up, so its out...what says you about Eur/JPy, follow them at all?
EJ longing it from 98.44 see pressure on both sides, Yen should have finally found its bottom @ 78 (major) me thinks and Eur looking for further retrace
Don't be a hero. Don't have an ego. Always question yourself
  • #94,639
  • Jun 6, 2012 2:02am Jun 6, 2012 2:02am
Quoting gatorinla
London has been closed so take with a grain of salt. sub 2494 open should add to bearishness.
the day and London open conflict. London opened on the bull side.
those who can, do. those who cant, talk about those who can
  • #94,640
  • Jun 6, 2012 2:03am Jun 6, 2012 2:03am
Quoting PayTheLimit
the only other thing I got of my radar is 5745/49 in Gbp/Aud, test/reject for a short...Gbp/chf is looking sloppy, so its out too..
nice i like shorts on both those crosses, but cable looks dangerous if a squeeze takes place on risk on... and it looks a lil risk on at the moment from what bonds/equities are saying.

i dont know, thats my half ass analysis...
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