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  • #810,661
  • Jun 26, 2013 11:18am Jun 26, 2013 11:18am
Quoting Maso
{quote} As I said yesterday, that's because of a weak dollar.

i do not understand your logic. the dollar is not weak, actually it is strong. i longed euro and pound is for their retracement. i may have longed too early.

the market reaction today might indicate that people are moving funds out of europe.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #810,662
  • Jun 26, 2013 11:20am Jun 26, 2013 11:20am
for pete's sake.
we had no problem to breach 1.3000 support but now we are stuck with it's resistance.
  • #810,663
  • Jun 26, 2013 11:25am Jun 26, 2013 11:25am
Quoting WilliamDa
{quote} Agree. Let's see how this works...
Sellers clearly above 1,3005, move back to 1,298x could be in play now
COT: The precious data ignored
  • #810,664
  • Jun 26, 2013 11:31am Jun 26, 2013 11:31am
sp500 is struggling to decide which side of 1600 to go. i favor the up side.

Attached Image
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #810,665
  • Jun 26, 2013 11:32am Jun 26, 2013 11:32am
price bounce nicely form PA near at 1.2988 also 1h candle is hammer so good chance to go long with small sl.
Trend Is Friend
  • #810,666
  • Jun 26, 2013 11:36am Jun 26, 2013 11:36am
Quoting ffleo
sp500 is struggling to decide which side of 1600 to go. i favor the up side. {image}

i kept small shorts on sp500, will load more shorts when it goes higher. i would like it to test 1630 then come down.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #810,667
  • Jun 26, 2013 11:45am Jun 26, 2013 11:45am
Quoting ffleo
{quote} i do not understand your logic. the dollar is not weak, actually it is strong. i longed euro and pound is for their retracement. i may have longed too early. the market reaction today might indicate that people are moving funds out of europe.
bought more euro near the daily bottom, need 25 pips up from here to BE. will reduce position size at BE and manage the rest.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #810,668
  • Jun 26, 2013 11:45am Jun 26, 2013 11:45am
Quoting ffleo
sp500 is struggling to decide which side of 1600 to go. i favor the up side. {image}
I'm short for some time now (1.3380) and am still undecided if I should close or not. With such bearish momentum there's a pretty big chance of getting more and more under (thinking of 1.2870-80 as a hurdle in the way). Until them or 1.31 I'm not closing.
Please, just slap me around if I'm being silly ...
  • #810,669
  • Jun 26, 2013 11:47am Jun 26, 2013 11:47am
Quoting ffleo
{quote} bought more euro near the daily bottom, need 25 pips up from here to BE. will reduce position size at BE and manage the rest.
Catching tops or bottoms is like trying to catch a very well sharpened hot knife with your bare hands. Watch out or you're gonna get burns!
Please, just slap me around if I'm being silly ...
  • #810,670
  • Jun 26, 2013 11:50am Jun 26, 2013 11:50am
Quoting daemon_delux
{quote} I'm short for some time now (1.3380) and am still undecided if I should close or not. With such bearish momentum there's a pretty big chance of getting more and more under (thinking of 1.2870-80 as a hurdle in the way). Until them or 1.31 I'm not closing.
Very nice entry
been a while, hope you are well, if it means anything I would hold untill end of the week at least

Quoting tomspin
be ready for bearish week and sell any rallies, I think that retracement for current move will not come in the next 5 days(thinking loud here, checking something)
swing it!
  • #810,671
  • Jun 26, 2013 11:54am Jun 26, 2013 11:54am
Quoting daemon_delux
{quote} Catching tops or bottoms is like trying to catch a very well sharpened hot knife with your bare hands. Watch out or you're gonna get burns!
agreed.
i trade small and scale in and out to manage my trades.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #810,672
  • Jun 26, 2013 11:56am Jun 26, 2013 11:56am
Quoting ffleo
{quote} bought more euro near the daily bottom, need 25 pips up from here to BE. will reduce position size at BE and manage the rest.
¿what is BE??
  • #810,673
  • Jun 26, 2013 12:00pm Jun 26, 2013 12:00pm
So is 1.3 gonna hold for the mean time? Any thoughts?
  • #810,674
  • Jun 26, 2013 12:01pm Jun 26, 2013 12:01pm
Quoting Ambar
{quote} ¿what is BE??
BE=breakeven
  • #810,675
  • Jun 26, 2013 12:02pm Jun 26, 2013 12:02pm
Quoting Ambar
{quote} ¿what is BE??
breakeven
Trend Is Friend
  • #810,676
  • Jun 26, 2013 12:22pm Jun 26, 2013 12:22pm
Quoting kuroro001
{quote} Daily chart is a mess, to me it has no trend.

2900 should be interesting. If that holds, it is just another in the list of HL's it keeps creating.
  • #810,677
  • Jun 26, 2013 12:23pm Jun 26, 2013 12:23pm
If day closes above 1,3050 i guess it will bounce to 1,315.
  • #810,678
  • Jun 26, 2013 12:33pm Jun 26, 2013 12:33pm
Quoting alinturbut
If day closes above 1,3050 i guess it will bounce to 1,315.
Why it must be so?
  • #810,679
  • Jun 26, 2013 12:35pm Jun 26, 2013 12:35pm
It is a major we are talking about. It cannot go down as much as it went without doing a little correction.
  • #810,680
  • Jun 26, 2013 12:45pm Jun 26, 2013 12:45pm
those newyorkers should man up and make a move!
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