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  • #1,161
  • Jun 7, 2015 11:26pm Jun 7, 2015 11:26pm
Bulls grabbed the dip (if you can call a 20pip a dip)on UJ rather quickly not giving any chance... for Bears yet
Notice AU is heading south not good for UJ bears.
In trading, you have to be defensive and aggressive at the same time
  • #1,162
  • Jun 7, 2015 11:50pm Jun 7, 2015 11:50pm
A Retrace up to 50% fib perhaps .
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  • #1,163
  • Jun 8, 2015 2:04am Jun 8, 2015 2:04am
morning just quick lok ,,, see if gbus gets to 5340 and then look to see if it sells there , breakfast first
  • #1,164
  • Jun 8, 2015 2:29am Jun 8, 2015 2:29am
Closed all my UC shorts at 2432
Will begin another batch from 2460+
weekly pivot 2463
In my view CAD will range between 24-26 next 3months so going to bank on every swing
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In trading, you have to be defensive and aggressive at the same time
  • #1,165
  • Jun 8, 2015 2:30am Jun 8, 2015 2:30am
I went BE quickly on this because you never know with the Euro

EURCAD Long H4
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.... laughing all the way to the bank
  • #1,166
  • Jun 8, 2015 2:56am Jun 8, 2015 2:56am
Quoting Davit
Closed all my UC shorts at 2432 Will begin another batch from 2460+ weekly pivot 2463 In my view CAD will range between 24-26 next 3months so going to bank on every swing {image}


I think it will head more down, to 1.20. Together with UJ correction. If you only plan to sell it's ok though
  • #1,167
  • Jun 8, 2015 2:57am Jun 8, 2015 2:57am
Check out the bounce from weekly pivot on UJ
Cool?
By US open I anticipate EU to lose again and bringing rest of majors down with her.Great for us looking for opertunity.
Love to see EG back below 72 again.
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In trading, you have to be defensive and aggressive at the same time
  • #1,168
  • Jun 8, 2015 3:00am Jun 8, 2015 3:00am
Quoting Davit
Check out the bounce from weekly pivot on UJ Cool? {image}
I stopped using pivots but it coincides with 125 so it's important. I have it going down for a big correction this month with no hike after fomc and if 124 floor is broken. Could bounce from either of the two arrows.

From here and up and I don't have anything as the indi crashes the pc when I include more than a year
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  • #1,169
  • Jun 8, 2015 3:07am Jun 8, 2015 3:07am
Quoting sakisf
{quote} I stopped using pivots but it coincides with 125 so it's important. I have it going down for a big correction this month with no hike after fomc and if 124 floor is broken. Could bounce from either of the two arrows. From here and up and I don't have anything as the indi crashes the pc when I include more than a year {image}
Hi Sakis
Yen has tendency to overreact on fundamentals and this is largely due to her neighborhood China (slowing) Aussie (looking to cut rates) NZ (dairy prices falling)
Export depended economy like Japan actually loves when its own currency gets trashed.
Big guns are aiming 128 as 1st target and I anticipate push up unless key US economic number comes out red.That's unlikely and I believe Feds will raise IR in Sept

Took short on UC at 2447 2450
In my view stay away from UJ

Buy CAD better fundamentals
In trading, you have to be defensive and aggressive at the same time
  • #1,170
  • Jun 8, 2015 3:20am Jun 8, 2015 3:20am
Quoting Davit
{quote} Hi Sakis Yen has tendency to overreact on fundamentals and this is largely due to her neighborhood China (slowing) Aussie (looking to cut rates) NZ (dairy prices falling) Export depended economy like Japan actually loves when its own currency gets trashed. Big guns are aiming 128 as 1st target and I anticipate push up unless key US economic number comes out red.That's unlikely and I believe Feds will raise IR in Sept Took short on UC at 2447 2450 In my view stay away from UJ Buy CAD better fundamentals
I am buying N/A/C but getting burned so far except for swaps. Need a good run up of them for a few days.
  • #1,171
  • Jun 8, 2015 3:23am Jun 8, 2015 3:23am
Quoting iqyu5an
{quote} $USDX - Daily {image}
Ghost Rider - WWTBMD?
  • #1,172
  • Jun 8, 2015 3:25am Jun 8, 2015 3:25am
Quoting sakisf
{quote} I am buying N/A/C but getting burned so far except for swaps. Need a good run up of them for a few days.
To me its better to have 5 positions on 1 fundamentally sound currency then have 5 positions on 3 or 5 different pairs.To me its about zeroing for a kill
Wish you best
In trading, you have to be defensive and aggressive at the same time
  • #1,173
  • Jun 8, 2015 3:32am Jun 8, 2015 3:32am
Quoting Davit
{quote} To me its better to have 5 positions on 1 fundamentally sound currency then have 5 positions on 3 or 5 different pairs.To me its about zeroing for a kill Wish you best
Key words here. ... Good morning Davit .... and all
Ghost Rider - WWTBMD?
  • #1,174
  • Jun 8, 2015 3:32am Jun 8, 2015 3:32am
EA is ranging between pivot and R38
Will go short at 1.47
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In trading, you have to be defensive and aggressive at the same time
  • #1,175
  • Jun 8, 2015 3:34am Jun 8, 2015 3:34am
Quoting albchr
{quote} Key words here. ... Good morning Davit .... and all
Good at least someone is paying attention! hAHA
GM CHris
In trading, you have to be defensive and aggressive at the same time
  • #1,176
  • Jun 8, 2015 3:39am Jun 8, 2015 3:39am
Quoting Davit
{quote} Good at least someone is paying attention! hAHA GM CHris
Always

The way most traders think? ....
Inserted Video
Ghost Rider - WWTBMD?
  • #1,177
  • Jun 8, 2015 3:39am Jun 8, 2015 3:39am
In auto 5250 possible fail then look 5225 target 5288 more will be 5305 / 15 / 40
  • #1,178
  • Jun 8, 2015 3:42am Jun 8, 2015 3:42am
Quoting Davit
{quote} To me its better to have 5 positions on 1 fundamentally sound currency then have 5 positions on 3 or 5 different pairs.To me its about zeroing for a kill Wish you best
You too

If I trade 1 currency pair only I get too biased and then another account blown. Trying to avoid it atm, working with correlations a bit.
  • #1,179
  • Jun 8, 2015 3:48am Jun 8, 2015 3:48am
Quoting Mr. Scott
So Davit mentioned UJ, she can do significant correction here. Last time she did this formation, she retraced to structure. Also, a little potential buy area too. {image} {image}
Quoting albchr
{quote} Overshot my upper by a full 10 pips Scott. ... {image}
Quoting albchr
{quote} Not trading serious tonight. Will await London. UJ trade just testing something on fibs.
Quoting Mr. Scott
{quote} Oh Ok, well done. Sometimes, Sunday night offers great entries, but not doing anything until I take a look tomorrow morning. Let us know how your fibs experiment turns out...
Banked that one for some. Trying another. Quite messy I know but then ... R&D usually is. ....
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Ghost Rider - WWTBMD?
  • #1,180
  • Jun 8, 2015 3:48am Jun 8, 2015 3:48am
Hey guys what do you think about this deep crab + 113 fib level. Trade safe.Z
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