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Discovering An Edge

  • #421
  • Jul 2, 2015 8:09am Jul 2, 2015 8:09am
second half out BE+5
  • #422
  • Jul 2, 2015 8:16am Jul 2, 2015 8:16am
Quoting panamamike
{quote} I agree....however, I do not see it in the charts for today.....big run up was expecting good numbers. Sort of underwhelmed with downward revision and slightly under market expectations. Also avg hourly wages was under expectations. With the U.S. Going on holidays, I see some profits booked.
Exactly, thats y i said its just a matter of time.
  • #423
  • Jul 2, 2015 9:23am Jul 2, 2015 9:23am
I wish people would stop interrupting me at work when I'm trading! LOL
When the CFO says, come into the meeting... it's pretty hard to ignore.
Anyway.... ended up losing AC -15 and EA -40 during that meeting as I set the SL beforehand.... damn, not the best of days.

But I am still loading up on UJ
A pip is only worth it if you know how much you risked to earn it
  • #424
  • Jul 2, 2015 9:25am Jul 2, 2015 9:25am
Quoting vlady1974
I wish people would stop interrupting me at work when I'm trading! LOL When the CFO says, come into the meeting... it's pretty hard to ignore. Anyway.... ended up losing AC -15 and EA -40 during that meeting as I set the SL beforehand.... damn, not the best of days. But I am still loading up on UJ
are you selling UJ? 1H looks pretty bearish
As Above, So Below
  • #425
  • Jul 2, 2015 9:33am Jul 2, 2015 9:33am
Quoting tashkent
{quote} are you selling UJ? 1H looks pretty bearish
I'm looking to buy, actually. New York took it back down to just above yesterday's NY open 12294.6
Yes 4H is pretty bearish. 1H is dojing though, so it's still undecided until tomorrow.... perhaps the Yanks will find something to be optimistic about prior to 4th July celebrations... am still waiting for a good setup.
A pip is only worth it if you know how much you risked to earn it
  • #426
  • Jul 2, 2015 9:42am Jul 2, 2015 9:42am
Quoting vlady1974
{quote} I'm looking to buy, actually. New York took it back down to just above yesterday's NY open 12294.6 Yes 4H is pretty bearish. 1H is dojing though, so it's still undecided until tomorrow.... perhaps the Yanks will find something to be optimistic about prior to 4th July celebrations... am still waiting for a good setup.
i see. i am not trading uj, right now tied up to eu and getting sick of all these recent erratic moves. good luck with the uj
As Above, So Below
  • #427
  • Jul 3, 2015 12:30am Jul 3, 2015 12:30am
Quoting ephisi
{quote} Better prices for bigboys to add longs. We will clear previous highs just a matter of time
Bigboys absorbing all the shorts on usdjpy just as i expected. DXY usd index didnt move much after badlabour data
  • #428
  • Jul 3, 2015 12:44am Jul 3, 2015 12:44am
I'm buying AUDUSD after bad retail data spike down.
A pip is only worth it if you know how much you risked to earn it
  • #429
  • Jul 3, 2015 12:55am Jul 3, 2015 12:55am
Quoting ephisi
{quote} Bigboys absorbing all the shorts on usdjpy just as i expected. DXY usd index didnt move much after badlabour data
I've closed my longs for now and taken the hit -40. I don't disagree with the Long bias but I need it to close above 123.25 before I join in again, as I think it will push lower to 122.50. I know that's not far off, but one thing I know about Longs is that everyone wants a good price, ie. A nice well formed bottom. Lol. Could be news driven, at that.
A pip is only worth it if you know how much you risked to earn it
  • #430
  • Jul 3, 2015 1:02am Jul 3, 2015 1:02am
Quoting vlady1974
{quote} I've closed my longs for now and taken the hit -40. I don't disagree with the Long bias but I need it to close above 123.25 before I join in again, as I think it will push lower to 122.50. I know that's not far off, but one thing I know about Longs is that everyone wants a good price, ie. A nice well formed bottom. Lol. Could be news driven, at that.
Youre right. You should have waited for the dust to settle. It could go lower but with a struggle. The slightest good news will send her rallying
  • #431
  • Jul 3, 2015 1:07am Jul 3, 2015 1:07am
Quoting vlady1974
I'm buying AUDUSD after bad retail data spike down.
Aud interest rates on tuesday next week. Its uncertain but there may be a suprise cut as RBA already pointed out that aud needed to weaken more
  • #432
  • Jul 3, 2015 1:21am Jul 3, 2015 1:21am
Quoting ephisi
{quote} Aud interest rates on tuesday next week. Its uncertain but there may be a suprise cut as RBA already pointed out that aud needed to weaken more
Also am sure ur dashboard is showing aud weakness and avg usd strength. Not comfortable with the idea of long audusd just my opinion
  • #433
  • Jul 3, 2015 4:51am Jul 3, 2015 4:51am
Quoting ephisi
{quote} Also am sure ur dashboard is showing aud weakness and avg usd strength. Not comfortable with the idea of long audusd just my opinion
You're right mate, no decent Long setups on the AUDUSD although I was momentarily tempted when the bottom was retested.... but alas... nada.
Am flat for now. Work is a killer.
A pip is only worth it if you know how much you risked to earn it
  • #434
  • Jul 3, 2015 7:10am Jul 3, 2015 7:10am
Quoting vlady1974
{quote} You're right mate, no decent Long setups on the AUDUSD although I was momentarily tempted when the bottom was retested.... but alas... nada. Am flat for now. Work is a killer.
Cool mate, like we discussed some month bqck. Why dont you trade a little higher timeframes wich will give you room to managetrades at work
  • #435
  • Jul 5, 2015 4:49pm Jul 5, 2015 4:49pm
Good luck to all this week....
I will be watching the commodity currencies vs safe havens to start the week.
  • #436
  • Jul 6, 2015 1:24am Jul 6, 2015 1:24am
Morning All,
Have got a bit of a break from work so hopefully will get some screen time if the missus lets me! LOL
A pip is only worth it if you know how much you risked to earn it
  • #437
  • Jul 6, 2015 1:29am Jul 6, 2015 1:29am
MADASH 50EMA
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100ema
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200EMA
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A pip is only worth it if you know how much you risked to earn it
  • #438
  • Jul 6, 2015 1:39am Jul 6, 2015 1:39am
GBPAUD looking attractive.
Have no idea on the zombie EUR so I'll leave that alone.
YEN showing strength so can't long the UJ for the moment but it may turn.
A pip is only worth it if you know how much you risked to earn it
  • #439
  • Jul 6, 2015 1:46am Jul 6, 2015 1:46am
Quoting panamamike
Good luck to all this week.... I will be watching the commodity currencies vs safe havens to start the week.
Yep, I got it wrong on AUD last week. CAD, AUD and NZD definitely the shorting currencies. JPY could be in there as well... But looking for a short setup on AUDJPY, currently trying to refill the EUR gap open.
A pip is only worth it if you know how much you risked to earn it
  • #440
  • Jul 6, 2015 2:50am Jul 6, 2015 2:50am
Long GBPAUD @ 20721.6, SL BE+1, target 21021.2
A pip is only worth it if you know how much you risked to earn it
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