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- eurusd_trade replied Feb 11, 2014
bailed, -10, moving on from this shit pair.. rationale for bailing early was AU spike and obvious bull regain conrol on lower TF
USD/JPY Discussion
- eurusd_trade replied Feb 11, 2014
Maybe the right trade is just sell the S&P and buy the Nikkei for 1800 and 15000. the UJ doesn't look like it wants to sustain any downward momentum especially not if 15000 is still in play We may have to go to 103 first, the 4HR is too strong and ...
USD/JPY Discussion
- eurusd_trade replied Feb 11, 2014
A poor US retail sales on Thursday may be the catalyst. Right now the volume feels like it's just struggling but let's see if the bears can keep any semblance of control intraday
USD/JPY Discussion
- eurusd_trade replied Feb 11, 2014
you'd have to retake the 4H pivot to the downside first. it's very heavily defended by macro names. but i'm betting we at least return to test it hence the trade also given that we've had plenty of stops run out on cross-JPY the past 2 sessions ...
USD/JPY Discussion
- eurusd_trade replied Feb 11, 2014
OK let's give this a try again, sell at 48 sl 73
USD/JPY Discussion
- eurusd_trade replied Feb 11, 2014
I'm going to fade this 1817 in the S&P to go for 1800 again. It's the 76.4% fib retracement of the most recent downswing. Pretty sure the daily pivot needs a retest after this much unidirectionality and the chances look quite high for me. Going for ...
EURUSD
- eurusd_trade replied Feb 11, 2014
So the conclusion at the end of the day, not too much surprise: grind grind and more grind in the S&P, with all that "space" in the market, there weren't any intraday stops or even resistance to be found in a very large range so the market makers ...
EURUSD
- eurusd_trade replied Feb 11, 2014
I do like your plan of shorting equities though, high vol is never a healthy bull market. However, with the broadening top 1850 could be at risk, so scaling in with more weight if it gets above 1850 makes a lot of sense. I'm not really gonna try ...
EURUSD
- eurusd_trade replied Feb 11, 2014
Anyway, as I said, I'm switching to GBP shorts for now since 907x failed to go on Yellen as it might have, but loading back AU longs before the number tomorrow after things settle.
EURUSD
- eurusd_trade replied Feb 11, 2014
What I'm telling you though is that the retrace will probably come back to only 907x, if we go through 91xx, not 89xx. If you're still waiting for 89xx AFTER tomorrow you might have stared down 92xx by that time. FX ranges around most days but you ...
EURUSD
- eurusd_trade replied Feb 11, 2014
agreed on this as long as AN is above 1.0750 it will be bid. It's already eben sold off for a year and will probably find some support for at least another month or so if not rally higher. Holding under 1.0750, a different story but unlikely given ...
EURUSD
- eurusd_trade replied Feb 11, 2014
one of the biggest rules in trading is this If there ain't no stops, there ain't no end of the move There is no such thing as overbought until shorts puke out of their positions and even then there is no guarantee of any downswing Right now we're ...
AUD/USD
- eurusd_trade replied Feb 11, 2014
I see, the shorts here are still alive and well
Keep on going guys, sell more so we can get through these stops here at 9070AUD/USD
- eurusd_trade replied Feb 11, 2014
there's no doubt for me the yellen speech will set any local high in the EU, not any price we're seeing right now. it pays to be be patient especially if you're still tring to fight the EUR. all right guys, see you in a couple of hours. don't sell ...
EURUSD
- eurusd_trade replied Feb 11, 2014
Stocks are still going, there's no end in sight, not until they hit enough stops and so far there are NO stops in the S&P, just grind. Kind of scary actually. But I mean this kind of price action is broadening top'ish which is probbaly bad for risk ...
EURUSD
- eurusd_trade replied Feb 11, 2014
believe me yet? we're already at 903x, next you know it it'll be 905x, and yellen may already taken us through 907x. then it's onwards to 921x for AUD employment possibly. Then it might be fadable back to 907x. Not a situation you want to be ...
EURUSD
- eurusd_trade replied Feb 11, 2014
You won't be able to, by the time if it does retrace after both Yellen and AUD employment it'll probably be worse than current levels even after retracing At that point you'll be looking at a possible *retest* of 907x, not 902x, especially with EA ...
EURUSD
- eurusd_trade replied Feb 11, 2014
I said that about the EA yesterday too didn't I? Take the damn profit at 1.53 or risk losing it before heading under 1.50 I said which levels AU hits is data dependent. Well we got great data today. Nobody listened. Even had someone say London was ...
EURUSD
- eurusd_trade replied Feb 11, 2014
I've been saying it about the AUD for hours, nobody listens. Check the AUDUSD thread. Everybody loves fading me haha. And AC is already at parity. Parity will NOT be the highs, don't even try swing trading here. Short scalp is also very risky but ...
EURUSD
- eurusd_trade replied Feb 11, 2014
You can't sell XXXCAD because of the UC look at the above. Or you can but good luck trying to defend that level. 1.109x token resistance may hold for London session but MT I doubt it's going to hold for the next few days.
EURUSD