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The Swamp

  • #4,801
  • May 5, 2016 12:21pm May 5, 2016 12:21pm
Quoting JustAndy
Great...MD jinxed me once again...anyone has 5 ft of rope an a bar of soap I can borrow?
​how do you want it to be delivered? first class?

I'm joking.... I didn't send him anything if something happens...
  • #4,802
  • May 5, 2016 12:27pm May 5, 2016 12:27pm
Quoting Don96
{quote} ​how do you want it to be delivered? first class? I'm joking.... I didn't send him anything if something happens...
The tracking # you sent me states that the package should be here in 3-5 days...thanks !
Why sell the bottoms when you can buy the tops...
  • #4,803
  • May 5, 2016 12:53pm May 5, 2016 12:53pm
Quoting JustAndy
Gator...am I in the wrong here in my belief that today's higher than anticipated initial jobless claims hints towards tomorrow's outcome for the NFP ?
ask me tomorrow.. its going to take me a day to analyze. i want to give a 99.9999% correct answer
those who can, do. those who cant, talk about those who can
  • #4,804
  • May 5, 2016 8:45pm May 5, 2016 8:45pm
L au .7417 risking 10 that ua holds .7414 .. 10 for about 600 or a quick -10 s/o.
those who can, do. those who cant, talk about those who can
  • #4,805
  • May 5, 2016 9:59pm May 5, 2016 9:59pm
Quoting Ken A
Watching GA {image}
Target hit - risk 30 pips

Attached Image
  • #4,806
  • May 5, 2016 10:52pm May 5, 2016 10:52pm
Quoting Ken A
{quote} Target hit - risk 30 pips {image}
looking at anything atm ? .. risking about 8 on aj low 7756, pend enter 7762, tp 819x
those who can, do. those who cant, talk about those who can
  • #4,807
  • Edited 11:54pm May 5, 2016 10:52pm | Edited 11:54pm
Pending SHORT
cancelled
Attached Image
A good trader follows his rules, but great trader knows when to break them
  • #4,808
  • May 5, 2016 11:17pm May 5, 2016 11:17pm
Quoting gatorinla
{quote} looking at anything atm ? .. risking about 8 on aj low 7756, pend enter 7762, tp 819x
The monetary policy pretty negative for AU - probably down to .7350 - .7300 current at .738x

I wasn't around during the statement otherwise wouldn't manually short GA but the sell limit hit
  • #4,809
  • May 5, 2016 11:39pm May 5, 2016 11:39pm
Quoting Ken A
{quote} The monetary policy pretty negative for AU - probably down to .7350 - .7300 current at .738x I wasn't around during the statement otherwise wouldn't manually short GA but the sell limit hit
i had a little au short when cut, i had closed i after 200. i thought it would shake it off and rise after knee jerk.. wrong! 350 pips later.. here we r. 700 aj
those who can, do. those who cant, talk about those who can
  • #4,810
  • May 5, 2016 11:43pm May 5, 2016 11:43pm
Quoting gatorinla
{quote} i had a little ua short when cut, i had closed i after 200. i thought it would shake it off and rise after knee jerk.. wrong! 350 pips later.. here we r. 700 aj
I thought you are bearish copper why buy AUD unless you are bearish USD
  • #4,811
  • May 5, 2016 11:47pm May 5, 2016 11:47pm
Quoting Ken A
{quote} I thought you are bearish copper why buy AUD unless you are bearish USD
the same reason i bought uj.. its not going down in a straight line. i had some setups, i bought at the fail point
those who can, do. those who cant, talk about those who can
  • #4,812
  • Edited May 6, 2016 12:03am May 5, 2016 11:52pm | Edited May 6, 2016 12:03am
Quoting Ken A
{quote} I thought you are bearish copper why buy AUD unless you are bearish USD
au going back to 7620, is better than 50/50. one could sell there over atm level.. i mean if its bearish its bearish. the s/l at a 7620 entry is above 7620.. thats over 230 pips higher than atm of voided drawdown. 56 brent still open.. nfp coming, shit happens either way
those who can, do. those who cant, talk about those who can
  • #4,813
  • May 6, 2016 12:05am May 6, 2016 12:05am
Quoting gatorinla
{quote} au going back to 7620, is better than 50/50. one could sel there over atm level.. i mean if its bearish its bearish. the s/l at a 7620 entry is above 7620.. thats over 230 pips higher than atm of voided drawdown. 56 brent still open.. nfp coming, shit happens either way
Probably bad NFP# will give the bounce to the upside

Wait and see nothing much to do now

AU I have short from .779x and long from .68x

AUDNZD short from 1.1228x

EU short from 1.161x and long from 1.05x
  • #4,814
  • May 6, 2016 12:16am May 6, 2016 12:16am
Quoting Ken A
{quote} Probably bad NFP# will give the bounce to the upside Wait and see nothing much to do now AU I have short from .779x and long from .68x AUDNZD short from 1.1228x EU short from 1.161x and long from 1.05x
You have a long AU from .68x & a short at .779x, I'm trying to understand why? what advantage does this strategy have? aren't the swaps to your disadvantage?
What happens if AU goes up to .80 to .85, do you keep your short from .779x?
  • #4,815
  • May 6, 2016 12:20am May 6, 2016 12:20am
Quoting Vorex
{quote} You have a long AU from .68x & a short at .779x, I'm trying to understand why? what advantage does this strategy have? aren't the swaps to your disadvantage? What happens if AU goes up to .80 to .85, do you keep your short from .779x?
I trade in between those levels

If AU goes to .85, the short will s/o

And the lock profits waiting for larger swing
  • #4,816
  • May 6, 2016 12:32am May 6, 2016 12:32am
Quoting Vorex
{quote} You have a long AU from .68x & a short at .779x, I'm trying to understand why? what advantage does this strategy have? aren't the swaps to your disadvantage? What happens if AU goes up to .80 to .85, do you keep your short from .779x?
Considering amount of pips he catches usualyl swaps are probably not so big, I mean in %
Ken what are your main TF-s where you pick your trades?
  • #4,817
  • May 6, 2016 12:36am May 6, 2016 12:36am
Quoting dcavar
{quote} Considering amount of pips he catches usualyl swaps are probably not so big, I mean in % Ken what are your main TF-s where you pick your trades?
Daily - Weekly

For example; GBPAUD trade below - the long and shorts are 1,300 pips apart

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  • #4,818
  • May 6, 2016 12:36am May 6, 2016 12:36am
Quoting gatorinla
{quote} au going back to 7620, is better than 50/50. one could sell there over atm level.. i mean if its bearish its bearish. the s/l at a 7620 entry is above 7620.. thats over 230 pips higher than atm of voided drawdown. 56 brent still open.. nfp coming, shit happens either way
are you long already? im seeing the same levels but the nfp has me flat for the mean time
  • #4,819
  • May 6, 2016 12:43am May 6, 2016 12:43am
s/o from aussie longs , let's see 7310 reaction it's all time mid , 733x recent mid both are gimme atm
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  • #4,820
  • May 6, 2016 12:51am May 6, 2016 12:51am
Quoting Ken A
{quote} Daily - Weekly For example; GBPAUD trade below - the long and shorts are 1,300 pips apart
So I would assume you don't even look below 4h charts?! Anyway this is great setup for Brexit thing as could be big home run to the upside
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