Watching UJ for short close to round number where MM's may sell? We will see during NY. Comments?
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Keep It Simple
- #66,001
- Edited 6:21am Feb 21, 2014 6:04am | Edited 6:21am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Keep It Simple
- #66,002
- Feb 21, 2014 6:20am Feb 21, 2014 6:20am
- Joined Jan 2013 | Status: Trader | 1,107 Posts
Watching UJ for short. We will see during NY. Comments? {image}
I'm bearish, so is Msis125125:
UJ entered scout short #1 {image}
{quote} Noo... This bear(actually I'm seeing high volume bring back up to recent S/R zone/swing high) So I'm gonna ignore news wick on candle you're talking about. {image}
{quote} UJ follow up. I noticed the same candle as you did professor, but I must say that I disagree with this one. Candle was newscandle and bigger picture shows bears to me. Notice all these long wicks on highvolume candles at highs and this run up to last S/R was both fast and with high volumes at highs. Seems like bump and dump on the way. We'll see, but I'm bearish for now. {image}
UJ entered by sell limits. SHORT {image}
TAH and Loeil are bullish:
{quote} UJ: With that long tail on the last candle, I do believe the MMs are bulls. Note that the candle made it all the way down to below the lower whole number....PVSRA! {image}
UJ - bullish to me. Lot of buying in the background on H4. I don't have trades there but just my view of yen at the moment. {image}
What's your side?
Remember that there is USD high impact news coming in ~two and half hours, so be careful for spikes!
I know the secret...
- #66,003
- Edited 6:42am Feb 21, 2014 6:26am | Edited 6:42am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
As per my above post. That's what I am watching for the classic to form on 15m. Same as yours? 
OR; flip a coin? only the MM's know.
OR; flip a coin? only the MM's know.
Keep It Simple
- #66,004
- Feb 21, 2014 6:42am Feb 21, 2014 6:42am
{quote} I'll answer with quotes
. I'm confusion. 85% bullish for me
- #66,006
- Feb 21, 2014 6:46am Feb 21, 2014 6:46am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} Hmm. Great trades sell or but.
Keep It Simple
- #66,007
- Feb 21, 2014 7:01am Feb 21, 2014 7:01am
- Joined Jan 2013 | Status: Trader | 1,107 Posts
UJ
Macro view BEAR says I
Macro view BEAR says I
I know the secret...
- #66,009
- Feb 21, 2014 7:06am Feb 21, 2014 7:06am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
UJ Macro view BEAR says I
Thats my thinking
about short scout time.....after news!
Keep It Simple
- #66,010
- Feb 21, 2014 7:14am Feb 21, 2014 7:14am
- Joined Jan 2013 | Status: Trader | 1,107 Posts
{quote} UC added two short scouts {image}
Added "few" scouts
Let's see if the news bring pain or gain
I know the secret...
- #66,011
- Feb 21, 2014 7:21am Feb 21, 2014 7:21am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Keep It Simple
- #66,013
- Feb 21, 2014 7:51am Feb 21, 2014 7:51am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Keep It Simple
- #66,018
- Feb 21, 2014 8:46am Feb 21, 2014 8:46am
Closed my UC short scout from yesterday; sold 5 lots @ 1.10893 yesterday (forgot to post) closed @ 1.10797 for +12.6 turned up from below round number where expected MM's to sell off and still running up.{image} {image}
"DOLLAR-CANADA: In the wake of the surprising Canadian CPI data (+0.3% NSA in
January, +1.5% y-o-y vs +1.2% in December and compared to MNI's medians of +0.2%
and +1.3%), the loonie spiked higher and then stalled. Dollar-Canada is trading
at C$1.1149, down from a pre-data high of C$1.1194 and up from a post-data low
of C$1.1132 (and compared to o/n lows at C$1.1093). A break below Thursday's
peaks at C$1.1113 (now seen as support) would suggest scope for further USDCAD
losses. Before the data, the market was gearing up for a retest of the 2014
highs of C$1.1224, seen Jan 31. In its January Monetary Policy Report, the Bank
of Canada that "the depreciation of the Canadian dollar in the past year is
also expected to exert some upward pressure on inflation."
