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Oktoberfest Nightclub

  • #4,941
  • May 6, 2014 3:59am May 6, 2014 3:59am
Quoting hadox
{quote} do you mean the march high in the euro? if so, I get it.. don't know if it's a bad idea in cable, small bears are trying at 1.693x atm, lets see..
Yes, 3966.
Fail better.
  • #4,942
  • May 6, 2014 6:32am May 6, 2014 6:32am
Quoting LarryDarrell
{quote} Yes, 3966.
got it, thx..
Patience is a virtue...
  • #4,943
  • May 6, 2014 7:41am May 6, 2014 7:41am
Hmmm.
GU: last one filled, now waiting: tp or sl?
EU: 3950 hit. see above...
UJ: never mind, it moved... I've looked and finally decided to wait for it at 101.

Might as well close the platform and do something else now.
Fail better.
  • #4,944
  • Edited 9:19am May 6, 2014 8:28am | Edited 9:19am
Quoting LarryDarrell
Hmmm. GU: last one filled, now waiting: tp or sl? EU: 3950 hit. see above... UJ: never mind, it moved... I've looked and finally decided to wait for it at 101. Might as well close the platform and do something else now.
a daily rejection of 1.700x would prolly help bears.. I guess..
Patience is a virtue...
  • #4,945
  • May 6, 2014 12:42pm May 6, 2014 12:42pm
Too early to call the results of the day, but I apparently would have liked it to play out differently. Still in the GU, EU shorts, in case of GU: hanging by a thread... Worst idea of the day: getting out of EA short ('better safe than sorry', haha, now I'm safe and sorry). Ecad short from sunday night (5245) has its stop at be now.
Will try to get out of AudNzd longs at zero to add lower, if possible. UChf: new long at 8731.
Well that's it, good evening everyone.
Fail better.
  • #4,946
  • May 7, 2014 12:36am May 7, 2014 12:36am
Good morning.

AudNzd: thank you, govenor. Overdid it a bit, I think...
The rest: nothing different than yesterday evening. Will decide at noon what to do, I'm not inclined to go into Yellen testemony, ECB presser with positions that close to being stopped out in a breathing spike.
Fail better.
  • #4,947
  • May 7, 2014 9:38am May 7, 2014 9:38am
Quoting LarryDarrell
Good morning. AudNzd: thank you, govenor. Overdid it a bit, I think... The rest: nothing different than yesterday evening. Will decide at noon what to do, I'm not inclined to go into Yellen testemony, ECB presser with positions that close to being stopped out in a breathing spike.
good afternoon Larry, since nobody decided to give you some feedback I might as well do.. got not much to say though, both cable and euro a chopping a bit atm, looks like some insidebars is getting formed on the daily, and everybody is prolly waiting for ECB tomorrow..

anyway, I'll prolly scale down on posting like everybody else, but I'll pop in from time to time though..

catch you later Larry..
Patience is a virtue...
  • #4,948
  • May 7, 2014 12:28pm May 7, 2014 12:28pm
Quoting hadox
{quote} good afternoon Larry, since nobody decided to give you some feedback I might as well do.. got not much to say though, both cable and euro a chopping a bit atm, looks like some insidebars is getting formed on the daily, and everybody is prolly waiting for ECB tomorrow.. anyway, I'll prolly scale down on posting like everybody else, but I'll pop in from time to time though.. catch you later Larry..
. Catch you later, Hadox!
Fail better.
  • #4,949
  • May 7, 2014 1:16pm May 7, 2014 1:16pm
OMG, the thread is basically dead with Schicks departure. A handful of posts the whole day... come on. Even Ken is hiding LOL
Fix up, trade sharp ...
  • #4,950
  • May 7, 2014 1:42pm May 7, 2014 1:42pm
What do you think gentlemen? A USD/CHF long might reach the 08805 level?
Fix up, trade sharp ...
  • #4,951
  • May 8, 2014 1:54am May 8, 2014 1:54am
Good morning.

Waiting for UK data and ECB presser, no new trades till then.
As for UChf 8805: I think so, but not directly. I've got 8815 on the charts, but with the recent pa it might take a while. I'm looking to add lower (8726).
Fail better.
  • #4,952
  • May 8, 2014 1:59am May 8, 2014 1:59am
Quoting LarryDarrell
Good morning. Waiting for UK data and ECB presser, no new trades till then. As for UChf 8805: I think so, but not directly. I've got 8815 on the charts, but with the recent pa it might take a while. I'm looking to add lower (8726).
Good morning Larry, I already got out with a few pips after reassessing the situation with the swissy. I like your levels, it looks reasonable to enter again around that. The dollar could see some further pounding from the pound and euro until it gets there, so I take it before it becomes a loser.
Fix up, trade sharp ...
  • #4,953
  • May 8, 2014 2:03am May 8, 2014 2:03am
Just had to discover that my NZD short TP was not hit by a pip. Now it is red again ... hmmmm. Maybe the justified punishment for shorting this lol
Fix up, trade sharp ...
  • #4,954
  • May 8, 2014 3:17am May 8, 2014 3:17am
Hi All, I am also waiting for UChf to visit 0.8730 to fill for long entry, 0.8805 is my target, probably will take a while to reach there.

Does anybody has any opinion about Gold, I am holding a long from 1310, not looking good atm. Any advice/analysis. With Putin toning down a bit yesterday, Gold did plunge to 1290 but with May 25th in view, do you think it should be okay.

Cheers guys, lets keep the thread alive.
  • #4,955
  • May 8, 2014 8:00am May 8, 2014 8:00am
Draghi just with some nice words for our longs LOL. Another threat of quantitative measures by the ECB if needed ... well, if the market believes it LOL
Fix up, trade sharp ...
  • #4,956
  • Edited 9:05am May 8, 2014 8:09am | Edited 9:05am
Quoting Hickson
Draghi just with some nice words for our longs LOL. Another threat of quantitative measures by the ECB if needed ... well, if the market believes it LOL
Well, if that is all in this short move, it isn't enough. I'm looking to add longs.
UChf: got in... and moved the stop the hell to be, see above...
Edit: actually realized I even had an entry level at 87026 as well, but I guess that wouldn't have been filled.
Fail better.
  • #4,957
  • May 8, 2014 9:05am May 8, 2014 9:05am
Quoting LarryDarrell
{quote} Well, if that is all in this short move, it isn't enough. I'm looking to add longs. UChf: got in... and moved the stop the hell to be, see above...
Got out since I had to cover some losses to stay in profit. Better safe than sorry. Now I am safe and sorry. Does this remind you of something?
Fix up, trade sharp ...
  • #4,958
  • Edited 2:32pm May 8, 2014 2:16pm | Edited 2:32pm
just to finish what I started..

Quoting hadox
{quote} if bulls can't crack 1.393x, bears might give it a try and aim for 1.385x.. so far it's only an intraday rejection from H1, H4 is stronger and daily strongest.. anyway, time will tell, catch you latr..
euro tried breaking 1.393x but back at S - atm bulls from 1.379x are still alive , I'll prolly wait for dust to settle and wait for new clues next week..


Quoting hadox
dax testing some S at 941x - might be a chance for a bounce to 962x/4x again, if not, then I have some S around 934x ish..
Quoting hadox
{quote} there's a chance of testing 941x again, 954x might provide some small S, but a pullback wouldn't surprise me..

dax completed the move, I'll wait for some clues around 962x/4x next week, don't know who's in control atm - sell in may and stay away? don't know to be honest, time will tell I guess..


catch you next week..
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Patience is a virtue...
  • #4,959
  • May 9, 2014 2:33am May 9, 2014 2:33am
Good morning.

Little wrapup of yesterday:
got stopped out of my EU short at be and a new one I placed prior the ECB, as well at be. Unlike others I didn't have a pending short at 3995, could only trade that with open s/l, and my risk manangement doesn't allow that atm.
Placed one feeler EU long at 3867, still running and ofc red. Atm looking if my EU longs from last week will get stopped, near the sl atm. Looking to buy at 3812 with a small stop.
Placed a small EA long at 4775 in the afternoon, stopped out at be.
Took profit on ECad short from 5245 at 5050 (which turned from the s/l by a few pips...), got another running from 5361, target 4874. Got a BB signal for Ecad long on the other account, took it, adding. Cautious about it, for the daily BB confirmed the trend change to down (which I have been trading for two months now, so much for that...)
GU: out of most of my BB short for be + a few, let the highest one run (from 6977) und would really like this to be the long awaited shift to downside, but not very optimistic. Got stopped out uncountable times trying to get the top in GU.
UChf: very, very nice pinbar on the daily, and the low held. Closely watching, I'll try to add to my long position on pullbacks.

Generally: it only takes a small pebble to start the avalanche, so this could be it. I doubt it, though. We are still short of some EU bull targets, and fundamentally I don't think Draghi made a very firm statement, he just said what was known anyway: they'll act when they deem it necessary. Market will test their resolve I think. Having said that, the dollar might now start to strengthen, and it's long overdue.
Fail better.
  • #4,960
  • May 9, 2014 2:46am May 9, 2014 2:46am
Quoting LarryDarrell
Good morning. Little wrapup of yesterday: got stopped out of my EU short at be and a new one I placed prior the ECB, as well at be. Unlike others I didn't have a pending short at 3995, could only trade that with open s/l, and my risk manangement doesn't allow that atm. Placed one feeler EU long at 3867, still running and ofc red. Atm looking if my EU longs from last week will get stopped, near the sl atm. Looking to buy at 3812 with a small stop. Placed a small EA long at 4775 in the afternoon, stopped out at be. Took profit on ECad short from...
Hi, I agree on E/U. As long as the ECB does not act the market can only laugh about Draghis down talking. It still has to be validated that yesterday's move was something real. Not to mention that I really do not like trading this manipulated pair, except for low spreads ...
Fix up, trade sharp ...
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