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  • #2,341
  • Apr 1, 2016 9:36am Apr 1, 2016 9:36am
in a hour this may look different. eu month closed above feb high.. dont discount that..
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those who can, do. those who cant, talk about those who can
  • #2,342
  • Apr 1, 2016 9:43am Apr 1, 2016 9:43am
Thanks to Mo & Fu back to daily Fair price
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  • #2,343
  • Apr 1, 2016 9:46am Apr 1, 2016 9:46am
Quoting Pharm0r
{quote} Did you hold?
AUD got stopped out by 1.5 pips initial stop hunt spike on news. I know to expect that on NFP news, should have had it higher. When these scheduled news releases come out it seems like insiders have had time to read and digest the info before we do. What's the general consensus opinion on that? If true , it's no real surprise. The rich have privileges.

Great thread, some of the best traders on the site.
  • #2,344
  • Apr 1, 2016 10:06am Apr 1, 2016 10:06am
back on DAX. Long at 9780
Focus.
  • #2,345
  • Apr 1, 2016 10:11am Apr 1, 2016 10:11am
GU about to head lower...?
  • #2,346
  • Apr 1, 2016 10:14am Apr 1, 2016 10:14am
Quoting Marco-Kanto
back on DAX. Long at 9780
Stop loss added at 9782
Focus.
  • #2,347
  • Apr 1, 2016 10:14am Apr 1, 2016 10:14am
Quoting gatorinla
{quote} london closed on the bull side of previous london and ny close. it did it as time expired. probably not by accident. aiming for 1.5 myself, trades taken after 4135. the obstacle i see is 4405..i need closes above. 4325 is/was a normal pullback
Hi Gator,

do you still consider 1.5 as a target, at current levels?

I see a possibility of a reverse up now, form 1.4177, but if it closes day below 1.4160 - 70, it might continue down. Did you mean 1.5 as a short scenario target or you consider possibility of 1.39xx before you aim for 1.5?

Regards
  • #2,348
  • Apr 1, 2016 10:15am Apr 1, 2016 10:15am
Quoting Pharm0r
Do you guys read the releases or just look for green and red numbers?? Employment. Is. Stable.- you're looking at the wrong thing (forget the technical aspect, whether it makes a HH or not) Anyway, last entry- 1.1420, break even again, tp +100 bbl
seldom, what did it say?
those who can, do. those who cant, talk about those who can
  • #2,349
  • Apr 1, 2016 10:20am Apr 1, 2016 10:20am
Quoting Ken A
{quote} What did the chart tell you
​well from that post you quoted me on, I did reply to it if you read it...
  • #2,350
  • Apr 1, 2016 10:26am Apr 1, 2016 10:26am
Quoting Michael O.
{quote} Hi Gator, do you still consider 1.5 as a target, at current levels? I see a possibility of a reverse up now, form 1.4177, but if it closes day below 1.4160 - 70, it might continue down. Did you mean 1.5 as a short scenario target or you consider possibility of 1.39xx before you aim for 1.5? Regards
yes, target valid w/o a LL.. i have about a 300 pip window under 4135. at 4135 with a 300 pi stop.. your trade size should not be larger than the % u want to risk. meanwhile above 4135 that 300 pip grows.. closer to the low is the better r/r with a equal risk %..

in other words just above that low is the better trade.. you can risk pennies to make dollars.. the further away, the more risk for a smaller reward.

if i am wrong about that low holding at risking 10 pips,, i will be wrong about that low holding risking 300.. one of these lose less pips. it just up to the individual to wait for the boring side of trading.
those who can, do. those who cant, talk about those who can
  • #2,351
  • Apr 1, 2016 10:27am Apr 1, 2016 10:27am
Quoting gatorinla
{quote} seldom, what did it say?
it said if you long the eu based off a .10% uptick in unemploymebt yer a dummyespecually agaisnt an uptick in NFP.Id like to long at norm based off the recently made high
  • #2,352
  • Apr 1, 2016 10:29am Apr 1, 2016 10:29am
EU Weekly still more upside
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But if Daily bar close like this not looking too good for bull
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  • #2,353
  • Apr 1, 2016 10:37am Apr 1, 2016 10:37am
Quoting gatorinla
{quote} yes, target valid w/o a LL.. i have about a 300 pip window under 4135. at 4135 with a 300 pi stop.. your trade size should not be larger than the % u want to risk. meanwhile above 4135 that 300 pip grows.. closer to the low is the better r/r with a equal risk %.. in other words just above that low is the better trade.. you can risk pennies to make dollars.. the further away, the more risk for a smaller reward. if i am wrong about that low holding at risking 10 pips,, i will be wrong about that low holding risking 300.. one of these lose...
Thanks for the info. Actually I trade in real market only and dont use forex brokers after Alpari bust my account last year (got the money back now). So I make up with my own money for the leverage. I would be most interested in GU making an up rally to 1.5 anytime soon, even if it had a slump down of a couple of hundred pips before that.
  • #2,354
  • Apr 1, 2016 10:48am Apr 1, 2016 10:48am
Quoting gatorinla
in a hour this may look different. eu month closed above feb high.. dont discount that.. {image}
mixed results. in my thinking eu rise and uj drop. eu on the bear side but above the um for 1.2470..that's kinda a toss up alone. using the uj as a guide it leans eu more bullish.. in the past on the eu drop from 399x. the strong drop had most month candles, closing below the previous month's low. this month's candle closed above the previous month's high. its also a quarter close.. it dont look bearish to me. closes like that are strong indicators of future
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those who can, do. those who cant, talk about those who can
  • #2,355
  • Apr 1, 2016 10:50am Apr 1, 2016 10:50am
Hello.

Long here at 1.1373
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  • #2,356
  • Apr 1, 2016 10:51am Apr 1, 2016 10:51am
Quoting Michael O.
{quote} Thanks for the info. Actually I trade in real market only and dont use forex brokers after Alpari bust my account last year (got the money back now). So I make up with my own money for the leverage. I would be most interested in GU making an up rally to 1.5 anytime soon, even if it had a slump down of a couple of hundred pips before that.
consider the china yuan? or mexican peso? looking to long usd against c yuan here
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those who can, do. those who cant, talk about those who can
  • #2,357
  • Apr 1, 2016 11:09am Apr 1, 2016 11:09am
Quoting gatorinla
{quote} consider the china yuan? or mexican peso? looking to long usd against c yuan here {image}
No, wasnt thinking about those two currencies.

Do you think that Yuan could be potentially interesting due to enclosing it to SDR basket by the IMF in October 2016? I have heard, that it may end the USD era as the main reserve currency - but I dont know if it is possible soon.

For the past year Yuan was losing value vs USD. You expect this to change any time soon, due to Yuan entering SDR in October?

As for Peso I have no idea about it.

What I am counting for is that there will be no Brexit (I currently reside in UK) and GBP will fly up (unwind after recent falls).
  • #2,358
  • Apr 1, 2016 11:10am Apr 1, 2016 11:10am
Quoting gatorinla
{quote} mixed results. in my thinking eu rise and uj drop. eu on the bear side but above the um for 1.2470..that's kinda a toss up alone. using the uj as a guide it leans eu more bullish.. in the past on the eu drop from 399x. the strong drop had most month candles, closing below the previous month's low. this month's candle closed above the previous month's high. its also a quarter close.. it dont look bearish to me. closes like that are strong indicators of future {image}
time will tell..
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those who can, do. those who cant, talk about those who can
  • #2,359
  • Apr 1, 2016 11:14am Apr 1, 2016 11:14am
euro looks strong. now back above daily pivot...
  • #2,360
  • Apr 1, 2016 11:20am Apr 1, 2016 11:20am
Quoting Michael O.
{quote} No, wasnt thinking about those two currencies. Do you think that Yuan could be potentially interesting due to enclosing it to SDR basket by the IMF in October 2016? I have heard, that it may end the USD era as the main reserve currency - but I dont know if it is possible soon. For the past year Yuan was losing value vs USD. You expect this to change any time soon, due to Yuan entering SDR in October? As for Peso I have no idea about it. What I am counting for is that there will be no Brexit (I currently reside in UK) and GBP will fly up...
dollar has a good interest/swap rate versus pesso
i just look at charts. u/c looks to be going there. i didnt short it. but i would like to short the yuan,, and i can't short it with a open lower u/c target.. i want to long the usd/yuan later, after target is reached
those who can, do. those who cant, talk about those who can
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