Weekly Open Position Summary
AUD/USD - Short
EUR/USD - Short
NZD/USD - Short
AUD/USD - Short
EUR/USD - Short
NZD/USD - Short
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- #382
- Edited Mar 11, 2013 3:35am Mar 10, 2013 9:09pm | Edited Mar 11, 2013 3:35am
- Joined Mar 2009 | Status: Trader | 1,052 Posts
- #384
- Mar 11, 2013 2:54am Mar 11, 2013 2:54am
- Joined Jun 2009 | Status: Trend Trader | 6,273 Posts
If you think you can or cannot do it you are correct
- #386
- Mar 14, 2013 3:10am Mar 14, 2013 3:10am
- Joined Jun 2009 | Status: Trend Trader | 6,273 Posts
If you think you can or cannot do it you are correct
- #390
- Mar 19, 2013 8:05am Mar 19, 2013 8:05am
- Joined Jun 2009 | Status: Trend Trader | 6,273 Posts
If you think you can or cannot do it you are correct
- #391
- Mar 19, 2013 9:04pm Mar 19, 2013 9:04pm
- Joined Mar 2009 | Status: Trader | 1,052 Posts
Check out sugar MPB. Big selloff yesterday. New Lows???
Olu
It could continue down for sure as the downtrend is well established. One thing that has my attention is the rate of the decline, its a bit of slow grind. Also this trend is so mature now I am a little uneasy getting short here but that's my personal opinion.
I want to be bullish Sugar based on the ridiculous positioning in the COT. In fact the Daily PA looks to have a HH and HL pattern, also possible break of downtrend line BUT......I'm going to need more convincing before I look to buy it.
My position is flat for now then hopefully bullish above 19.0 (eventually)
There are so many other great reasons to be short so all the best.
Mike
PS - I love the market, intelligent people (in our case hopefully
) with differing opinions.....its what makes it all go round.....
- #393
- Edited 6:34pm Mar 22, 2013 6:15pm | Edited 6:34pm
- | Joined Sep 2011 | Status: Hybrid | 413 Posts
Hey guys!
What do you make of this? Is this a major bear trap / Fakeout in the making ?
Technicals = Bearish Pair
COT = Bullish GBP, Bearish USD => Very Bullish Pair
What do you make of this? Is this a major bear trap / Fakeout in the making ?
Technicals = Bearish Pair
COT = Bullish GBP, Bearish USD => Very Bullish Pair
I don't need easy. I just need possible.
- #394
- Mar 24, 2013 7:00pm Mar 24, 2013 7:00pm
- Joined Mar 2009 | Status: Trader | 1,052 Posts
Hey guys!
What do you make of this? Is this a major bear trap / Fakeout in the making ?
1.53 is a key level, I would expect selling here the real test will be to see if we make a LL.
Whilst this looks like a good trend following short I am on the side due to the overwhelming COT extremes. That is not to say you could not fade this setup and get short but I'm not interested in that.
I am bullish above 1.53 or on a failed lower low. I would not short this now.
Good work Griz.....thumbs up
PS - I am on holiday for a few weeks so am only intermittantly looking at the markets. Have fun everyone!
I 100% agree with your analysis on this pair looking very bullish. 1.53 is a key level, I would expect selling here the real test will be to see if we make a LL. Whilst this looks like a good trend following short I am on the side due to the overwhelming COT extremes. That is not to say you could not fade this setup and get short but I'm not interested in that. I am bullish above 1.53 or on a failed lower low. I would not short this now. Good work Griz.....thumbs up
I don't need easy. I just need possible.
- #396
- Apr 5, 2013 8:59pm Apr 5, 2013 8:59pm
- Joined Mar 2009 | Status: Hobby Trader | 4,477 Posts
Nice thread. Simple, effective....powerful. EURAUD looking intersting.
