I never bought the EUR. I only sold it because the direction is to sell. I never sold the CAD, because the direction is to buy. It is aggressive to trade a.
Wherever you go, there you are.
- #820,961
- Aug 4, 2013 4:16pm Aug 4, 2013 4:16pm
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
- #820,962
- Aug 4, 2013 4:19pm Aug 4, 2013 4:19pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
{quote} Might retrace too because this is only about milk and NZ market right now is very thin. I don't see it such a big issue over milk not some kind of political disaster.
The reserve bank is in urgent meetings to decide is rate increase is required
My warning was more because she was close to support and some may have been looking to trade that support, she has plopped 90 pips, which is not that bad, and for gappies, closing could have been a nice wee scalps, I will be watching Fridays close for rreaction, my older runners just appreciated almost back to full lots, I have todays open (less 5 mins) and leaving her alone for awhile, interestingly aussie popped, I guess their dairy exports just appreciated, so Im looking for a short on her instead
If you are new to Forex? Say Goodbye to your account!!
Thanks HDA,
We are in the same page, although if it goes south I surely will TP in 1.504-ish.
Don't know if you read what I wrote to you the other day, but again thank you for sharing your wisdom with us:
http://www.forexfactory.com/showthre...91#post6864491
We are in the same page, although if it goes south I surely will TP in 1.504-ish.
Don't know if you read what I wrote to you the other day, but again thank you for sharing your wisdom with us:
http://www.forexfactory.com/showthre...91#post6864491
Visit my Drumming & Percussion Blog - DrumsCult com
- #820,964
- Aug 4, 2013 4:22pm Aug 4, 2013 4:22pm
- Joined Jun 2010 | Status: zero | 20,603 Posts
{quote} @Goodvalley: GBP/USD Options Expiry 10AM EASTERN for Monday, August 5, 2013 1.5175 1.5100 GBP/USD Options Expiry 10AM EASTERN for Tuesday, August 6, 2013 1.5300 GBP/USD Options Expiry 10AM EASTERN for Wednesday, August 7, 2013 1.5325 1.4980 1.4750 - US$850 million payout What I am about to write is my analysis - it is not to be used to create a bias in your mind. Use the information as you see fit. With That Said - Earlier I typed buy the GBP/USD to 1.5650 with all the information before me now my opinion is two fold. If I were trading the...
Hi HDA,
your strategy for me is sound :-)
I do trade mainly mean reverting situations. Most of my positions I do close, when they have mean reverted, regardless of the eventual targets it might or might not take. That is the neutral zone for me. It works most of the time and keeps greed in check
4750 on Wednesday is noted
Will be interesting: from an EW point of view I do expect some more upside on Monday, early Tuesday, then down again. Upside should stall at 5381 or 5350
If we are there on Tuesday I would say no chance to reach 4750 on Wednesday
We will see....
When we take out the low at 5106 on Monday, chances are only moderate to reach 4750 on Wednesday. This is due to the fact, that ATR 14 is around 100 right now, and we would need a around 540 pip drop in three days
- #820,968
- Edited 4:56pm Aug 4, 2013 4:39pm | Edited 4:56pm
- Joined Oct 2008 | Status: CANCELLED MEMBERSHIP | 3,116 Posts
Thanks HDA, We are in the same page, although if it goes south I surely will TP in 1.504-ish. Don't know if you read what I wrote to you the other day, but again thank you for sharing your wisdom with us: http://www.forexfactory.com/showthre...91#post6864491
You are most welcome
You're analysis drained me. Gonna get some shut eye & thank you for the very kind remarks in your previous post.
When I'm gone - you have a host of qualified and experienced traders to reach out to and dont forget to PAY IT FORWARD. Everyone needs help, we live in an inter-dependent world.
I'm just waiting on this EUR to get to 1.3080
so I can leave 
Lets see what happens
GO BEARS GO - I need my rest - lol
I said this trade would take 1 to 2 weeks - we are in the final week - so lets see if by Friday, the BULLS accepted my bribe
Free Jerk Chicken for a month.
- #820,969
- Aug 4, 2013 4:41pm Aug 4, 2013 4:41pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
Posted 7-8 billion I have just received latest dairy export figures to June this year 11 billion, so the risk just increased
If you are new to Forex? Say Goodbye to your account!!
- #820,970
- Aug 4, 2013 4:43pm Aug 4, 2013 4:43pm
- Joined Oct 2008 | Status: CANCELLED MEMBERSHIP | 3,116 Posts
{quote} Hi HDA, your strategy for me is sound :-) I do trade mainly mean reverting situations. Most of my positions I do close, when they have mean reverted, regardless of the eventual targets it might or might not take. That is the neutral zone for me. It works most of the time and keeps greed in check 4750 on Wednesday is noted
In other words, if I miss the run up from 1.5300 to 1.5650 or I miss the run down at the turn to 1.4750 (for argument sake) - I still made 450pips plus extra over 2 weeks plus a couple days. Stress free trading, just BUYING ONLY in one direction - NO SELLING
- #820,971
- Aug 4, 2013 4:45pm Aug 4, 2013 4:45pm
- | Joined Dec 2011 | Status: Trader | 2,927 Posts
swing it!
- #820,972
- Aug 4, 2013 4:53pm Aug 4, 2013 4:53pm
- Joined Oct 2008 | Status: CANCELLED MEMBERSHIP | 3,116 Posts
{quote} most people do not know how to read it, the last time it was helpfull was in feb 2013,we are still riding that sentiment
Before I left FF last year, I meant to VOUCH for you and didn't before leaving.
+1 VOUCH Sir
I had my eye on you while I was around last year and was very impressed with your understanding of the market based on your style of trading.
- #820,973
- Aug 4, 2013 5:00pm Aug 4, 2013 5:00pm
- | Joined Dec 2011 | Status: Trader | 2,927 Posts
{quote} @tomspin: Before I left FF last year, I meant to VOUCH for you and didn't before leaving. +1 VOUCH Sir
best of luck this week,
swing it!
- #820,976
- Aug 4, 2013 5:24pm Aug 4, 2013 5:24pm
- | Joined Dec 2011 | Status: Rags to riches | 1,316 Posts
Posted 7-8 billion I have just received latest dairy export figures to June this year 11 billion, so the risk just increased
what are your thoughts on how this will play out on the kiwi?
Money never sleeps...
- #820,977
- Aug 4, 2013 5:26pm Aug 4, 2013 5:26pm
- | Membership Revoked | Joined May 2013 | 7,946 Posts
{quote} most people do not know how to read it, the last time it was helpfull was in feb 2013,we are still riding that sentiment
ignore wackos and psychos, including myself. But I can't add myself to iggy
- #820,978
- Aug 4, 2013 6:12pm Aug 4, 2013 6:12pm
{quote} @Goodvalley: You are most welcome
HDA, do you follow Usane Bolt's track and field career? Jamaica has such deep talent in the track and field arena it is amazing. Usane Bolt's step into the scene just blew the whole world away. Such a tall sprinter with amazing acceleration! Anywho.... Jamaica one day. For sure.
It's the simple things in life that have the most powerful meaning.
- #820,980
- Aug 4, 2013 6:25pm Aug 4, 2013 6:25pm
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Be hopeful in a winning position, and fearful in a losing position.