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  • #261
  • Nov 20, 2013 3:17pm Nov 20, 2013 3:17pm
Id short it, but Id wait for it to bounce to like 94ish. I think there is good support around 93ish.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Aud daily.PNG Size: 161 KB
Click to Enlarge Name: Aud monthly.PNG Size: 149 KB
Click to Enlarge Name: support.PNG Size: 160 KB
"A true speculator tries the market small." - Jesse Livermore
  • #262
  • Nov 20, 2013 3:22pm Nov 20, 2013 3:22pm
just added small short at aussie, waiting for another if it goes higher..or lower . testing the R at 0.94 does make sense, if it reaches there I'll put another one.
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #263
  • Nov 20, 2013 3:25pm Nov 20, 2013 3:25pm
Doesn't look to bad. My Aud/Nzd long has been very good this week. Nzd is weaker


Weekly chart
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd.png Size: 59 KB
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  • #264
  • Nov 20, 2013 3:27pm Nov 20, 2013 3:27pm
Quoting bikov
just added small short at aussie, waiting for another if it goes higher..or lower . testing the R at 0.94 does make sense, if it reaches there I'll put another one.
See one thing that I never like to do is leverage a losing position. I'll wait and sacrifice some profit to get a entry that has a high probability of going my way and I always start small. That being said I do think you can make some money off a short there, but Id keep an eye on that trade.
"A true speculator tries the market small." - Jesse Livermore
  • #265
  • Nov 20, 2013 3:37pm Nov 20, 2013 3:37pm
Quoting Jgcole83
{quote} See one thing that I never like to do is leverage a losing position. I'll wait and sacrifice some profit to get a entry that has a high probability of going my way and I always start small. That being said I do think you can make some money off a short there, but Id keep an eye on that trade.

you're totally right but my main positions are at UJ, any loss here is affordable. if it goes above 0.9435/50 then I'll take the loss which won't hurt e much. scaling of the losing positions could be dangerous but sometimes I like breaking the rules . ( but only sometimes)
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #266
  • Nov 20, 2013 3:42pm Nov 20, 2013 3:42pm
Quoting BobGnarly
Doesn't look to bad. My Aud/Nzd long has been very good this week. Nzd is weaker Weekly chart {image}

hm, yes, if audnzd is ready for up, nzd is weaker. but I've rarely traded nzdusd, mostly other nzd crosses like eurnzd,now audnzd.. but I'll give it a chance. overall I'm bearish on commodity currencies and aud somehow is the main representative among them in my perception.
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #267
  • Nov 20, 2013 9:23pm Nov 20, 2013 9:23pm
I'm thinking that after European open we clear/clean out some of the the eternal bears for uj.
"A true speculator tries the market small." - Jesse Livermore
  • #268
  • Nov 21, 2013 3:16am Nov 21, 2013 3:16am
entered long EUR/NZD 1.6331 sl 1.6282 tp open

short positions at AU doing fine.
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #269
  • Nov 21, 2013 4:35am Nov 21, 2013 4:35am
Look at all this Yen weakness


I believe the bias of the markets until the end of the year will be to sell the Yen and the euro
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  • #270
  • Nov 21, 2013 6:55am Nov 21, 2013 6:55am
Dear Bob
I understand usd/jpy will be short end off year is this right? ( Also all is jpy will short? 9
Bülent.
  • #271
  • Nov 21, 2013 8:25am Nov 21, 2013 8:25am
Well guys I'm done for the week. I never open any trades on friday.

As every week here is the statement for my clients. We killed it this week, 20% gain! All of my trades worked out as planned

Total growth for the end of last week was 137%
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-11-21 09.22.56.png Size: 163 KB
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  • #272
  • Nov 21, 2013 8:28am Nov 21, 2013 8:28am
Quoting bulent
Dear Bob I understand usd/jpy will be short end off year is this right? ( Also all is jpy will short? 9 Bülent.
I am bullish on usdjpy for the next few years.
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  • #273
  • Nov 21, 2013 8:32am Nov 21, 2013 8:32am
Quoting BobGnarly
{quote} I am bullish on usdjpy for the next few years.

"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #274
  • Nov 21, 2013 8:33am Nov 21, 2013 8:33am
137 % ? wow, keep up the good work
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #275
  • Nov 21, 2013 8:42am Nov 21, 2013 8:42am
Quoting BobGnarly
{quote} I am bullish on usdjpy for the next few years.
Sorry Bob
I cant understand. Just ı undurstud now.
Thanks.
Bülent.
  • #276
  • Nov 21, 2013 8:49am Nov 21, 2013 8:49am
Quoting bikov
137 % ? wow, keep up the good work
Yep,now at 157%. 20% for the week

Lots of floating profit as well, especially in UJ hope you're enjoying your longs!
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  • #277
  • Nov 21, 2013 9:06am Nov 21, 2013 9:06am
Quoting BobGnarly
{quote} Yep,now at 157%. 20% for the week Lots of floating profit as well, especially in UJ hope you're enjoying your longs!

Well, congrats to you, you need some time out, just not to burn out . Right now I have only UJ longs and really enjoying. Now is sit and wait mode, maybe add some more longs next week. Waiting for pullback at gbp/jpy to add long till > 170. Went out too early from AU short and EN long but I don't want to be in the market with big % of my equity. Fortunately, I'm mostly in UJ.

regards
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #278
  • Nov 21, 2013 9:36am Nov 21, 2013 9:36am
Quoting BobGnarly
Well guys I'm done for the week. I never open any trades on friday. As every week here is the statement for my clients. We killed it this week, 20% gain! All of my trades worked out as planned Total growth for the end of last week was 137% {image}
Dear Bob,
Wery good result Bravoooo.
Bülent.
  • #279
  • Nov 21, 2013 11:21am Nov 21, 2013 11:21am
Took a short GU 1.6155
I just couldn't resist.
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #280
  • Nov 21, 2013 12:36pm Nov 21, 2013 12:36pm
Nice trade, Double top on H4
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