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  • #763,621
  • Feb 25, 2013 12:37pm Feb 25, 2013 12:37pm
Quoting Pip Anon
Still waiting for 1.316, in the meantime I have relatively small Dollar (/DX) trade pending at 81.62 and looking for 81.94. Dollar is seeming to go up stream against dollar bears, but with the sequester in 4 days and selling of Euros, dollar should be in for another small pop.
Well this trade may not pan out, already shot up. May just scratch it. It still looking to hit my short-term target. My Euro position closed out, still open crude.
When the facts change I change my mind, what do you do sir
  • #763,622
  • Feb 25, 2013 12:37pm Feb 25, 2013 12:37pm
Long EJ @122.56 SL 122.35 TP 123.75, my last attempt for today...!
  • #763,623
  • Feb 25, 2013 12:39pm Feb 25, 2013 12:39pm
Quoting Blacknightz
anyone else shorting EURJPY and EURUSD?

Still no one shorted?

Any views on EURJPY math_GB?


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  • #763,624
  • Feb 25, 2013 12:42pm Feb 25, 2013 12:42pm
Quoting math_GB
Long EJ @122.56 SL 122.35 TP 123.75, my last attempt for today...!
Now it looks like heading to 121.80
  • #763,625
  • Feb 25, 2013 12:44pm Feb 25, 2013 12:44pm
Quoting parco
you're right, but just in recent years is evident to me.
I'm not very old and wise
the supreme court ruled anyone could spend as much as they want (donate to a pac), to defame anyone running for office. 2 draft dodgers elected twice, did it to 2 war heroes. whats ironic is, the 2 draft dodgers started 2 wars.
those who can, do. those who cant, talk about those who can
  • #763,626
  • Feb 25, 2013 12:44pm Feb 25, 2013 12:44pm
Quoting gatorinla
repubs seem to be on-board with cuts more now, even the military ones. maybe that will include some e-base cuts.
Yes. I always thought the GOP would go over the sequester because in their eyes it'll be the only way government curves it's spending. Most likely not the best way to go about it, but politicians are politicians; Obama is going to wish he had more spending cuts in the cliff bill. My initial analysis Feb. 16th was that if this, which it should, trigger a sell off I see it pull back to 1380. Not all at once, maybe though a few weeks. If .5% is taken off the GDP, than I see dollar strength. Kind of wish I got in earlier. I think that although the sequester gives a hit to the GDP, over the long term it will be somewhat positive because it limits the over deficit. Perhaps, this is what is needed for politicians to actually get something accomplished. Put their feet to the fire.
When the facts change I change my mind, what do you do sir
  • #763,627
  • Feb 25, 2013 12:44pm Feb 25, 2013 12:44pm
Quoting Blacknightz
Still no one shorted?

Any views on EURJPY math_GB?


[ATTACH]Attachment [/ATTACH]
If there are any Bulls left, they should show their presence. Took a Long @122.55. Thinking of adding more to be honest, initial SL was @122.35 but cancelled it for now.
  • #763,628
  • Feb 25, 2013 12:46pm Feb 25, 2013 12:46pm
Quoting Ken A
Now it looks like heading to 121.80
I can't believe I closed my shorts @124.25 No dude, I think this was it...
  • #763,629
  • Feb 25, 2013 12:46pm Feb 25, 2013 12:46pm
When the market cops that these aren't the German Polls the Bull express train will leave the station
Learning - pip by pip
  • #763,630
  • Feb 25, 2013 12:47pm Feb 25, 2013 12:47pm
Attached Image
the break of 3304 opens the the way to 3485 but maybe they want 3122---103 first which could also be the bottom of the correction from 3711 of the overall bullish onslaught.
  • #763,631
  • Feb 25, 2013 12:47pm Feb 25, 2013 12:47pm
Quoting math_GB
Long EJ @122.56 SL 122.35 TP 123.75, my last attempt for today...!
Been scalping like crazy today. Are you playing it being oversold? YEN has been getting stronger throughout the day.

EDIT: Goddamn it, my dollar trade damn near hit my target in the 15 mins I been waiting for a retrace.
When the facts change I change my mind, what do you do sir
  • #763,632
  • Feb 25, 2013 12:48pm Feb 25, 2013 12:48pm
Done for the day all cya tomorrow
  • #763,633
  • Feb 25, 2013 12:51pm Feb 25, 2013 12:51pm
Quoting Pip Anon
Yes. I always thought the GOP would go over the sequester because in their eyes it'll be the only way government curves it's spending. Most likely not the best way to go about it, but politicians are politicians; Obama is going to wish he had more spending cuts in the cliff bill. My initial analysis Feb. 16th was that if this, which it should, trigger a sell off I see it pull back to 1380. Not all at once, maybe though a few weeks. If .5% is taken off the GDP, than I see dollar strength. Kind of wish I got in earlier. I think that although the sequester...
repubs cant say they want military cuts. this way the have some cover. they will call it Obama cuts. whats funny is they all voted for them.
those who can, do. those who cant, talk about those who can
  • #763,634
  • Feb 25, 2013 12:52pm Feb 25, 2013 12:52pm
Quoting Ken A
Now it looks like heading to 121.80

Ken, I think you need to jump in mate, put 20 pips SL and go ahead with it.

EDIT: EUR needs to co-operate a little.
  • #763,635
  • Feb 25, 2013 12:54pm Feb 25, 2013 12:54pm
Quoting math_GB
If there are any Bulls left, they should show their presence. Took a Long @122.55. Thinking of adding more to be honest, initial SL was @122.35 but cancelled it for now.


Was my assessment on EURJPY should at least hit the mid bollinger band on the Weekly Charts would have any basis before it would at least return back heading north?


Since it did went north on Weekly since Nov 11 2012
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  • #763,636
  • Feb 25, 2013 12:58pm Feb 25, 2013 12:58pm
Quoting gatorinla
repubs cant say they want military cuts. this way the have some cover. they will call it Obama cuts. whats funny is they all voted for them.
Oh, I know. It drives me mental. Obama is pushing so hard to avoid thing and melodramatically harps about how devastating they will be, but it has literally his idea when they hit the first fiscal cliff debacle. I think the military cuts will hurt, though. The technology and equipment needed for a well-suited military is pricey as hell (wife worked in the AF) and a reduction in personal may be better. However, that just floods the unemployment lines. In the end, $16 tril is a big hole to fill.
When the facts change I change my mind, what do you do sir
  • #763,637
  • Feb 25, 2013 12:58pm Feb 25, 2013 12:58pm
121.80
  • #763,638
  • Feb 25, 2013 12:59pm Feb 25, 2013 12:59pm
Holy shite. A 200 pip correction in like 6 hours. Dollar just hit my target 81.94
When the facts change I change my mind, what do you do sir
  • #763,639
  • Feb 25, 2013 12:59pm Feb 25, 2013 12:59pm
Quoting math_GB
Ken, I think you need to jump in mate, put 20 pips SL and go ahead with it.

EDIT: EUR needs to co-operate a little.
Shite -30 closed...
  • #763,640
  • Feb 25, 2013 1:01pm Feb 25, 2013 1:01pm
The question is, will S3 hold at 121.34?
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