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- eurusd_trade replied Feb 11, 2014
Here's the problem with selling anything AC related right now. if you do it don't say you weren't warned AU can't sell is obvious, Yellen speech today + AUD employment tomorrow post strong NAB business confidence, double whammy, 9070 stops should ...
EURUSD
- eurusd_trade replied Feb 11, 2014
so far so good on this, GU also finding weakness this morning on the strong AUD
EURUSD
- eurusd_trade replied Feb 11, 2014
Advise against it, UC looks like it's going to explode higher, i wouldn't stand on the other side of this steamroller. Whether there's actually a monthly close above the monthly pivot in AC I don't know but some stops are going to get run above ...
EURUSD
- eurusd_trade replied Feb 11, 2014
Well EC rallied but EA sold off due to AUD data causing an oversized reaction in AC both from stops in AU and UC and in anticipation of more AUD data on Wednesday. This year has been exceptionally volatile for AC so far, sometimes I'm still ...
EURUSD
- eurusd_trade replied Feb 11, 2014
thanks i do think 140 may prove deceptively strong for now. bulk of EU stops already done at 70. More loosely speaking we still need the handle on the cup and handle if 140 is supposed to break.
EURUSD
- eurusd_trade replied Feb 11, 2014
i gave it another try at 13989 with a stop at 14004, try to avenge you haha. all these pre-london shenanigans seem pretty suspicious and there wasn't a whole lot of momentum, i think there are decent chances of seeing 139.50 again at least before ...
EURUSD
- eurusd_trade replied Feb 11, 2014
we just had stops (stop-ins) above 0.9000. what kinds of names are stopping out at 8985? makes no sense. and if they do, all the better because it's just another opportunity to buy
AUD/USD
- eurusd_trade replied Feb 10, 2014
trapped EJ shorts, some UJ shorts but mostly EJ and EU shorts although some longs now too. i'm thinking: small EJ short at 139.89, sl flip to long 140.04, tp sub 139.25 so good risk/reward. we've already gone pretty stoppish here and it could be a ...
EURUSD
- eurusd_trade replied Feb 10, 2014
triple barrel n EJ or double top? pretty close to the triple barrel, UJ is pushing here. it's grinding, triple barrel at london open? all those poor trapped shorts... and away we GOOOO
EURUSD
- eurusd_trade replied Feb 10, 2014
No I'm not lost, I know you're long, I was being skeptical about whether some of the bearish sentiments expressed here really make any sense but then you seemed to post something that agreed with what I was saying. Anyway, whatever. I think alll the ...
AUD/USD
- eurusd_trade replied Feb 10, 2014
Sorry, so why would you *sell* AUD based on this? We've already had a strong biz confidence report, no institutional participant is going to bet on a weak employment report. A retail hail-mary type might.
AUD/USD
- eurusd_trade replied Feb 10, 2014
"doves aren't always on peace missions" -- but you never sell the rumor, you always buy the rumor... and only sometimes sell the fact. the fact that AUD data is coming up the very next day is a double whammy so you probably should be buying the ...
AUD/USD
- eurusd_trade replied Feb 10, 2014
For me I just prefer to trade closer to the hourly pivots so I know I'm getting my money's worth . There's no sense getting in when nothing's going on far from the TWAP and the algos move it in your face unless it's just a cheeky small size quick ...
AUD/USD
- eurusd_trade replied Feb 10, 2014
it's not too late haha GA target is 1.75xx for a LT trade (may not be so long term after the next few days) choo choo train
AUD/USD
- eurusd_trade replied Feb 10, 2014
Here's the interesting part, if 92xx is supposed to be the target, we could crack 9070 well before AUD employment. I wouldn't count it out on this Yellen speech. The market has been very trendy/volatile this year in general and with EA bouncing ...
AUD/USD
- eurusd_trade replied Feb 10, 2014
+10, no more trades in this until London anyway, there are a a couple red flags for me as I already said. -AUD employment on wednesday -book stops above 9070 -unusual asia price action heavily involving other USD crosses (most likely some pre-Yellen ...
AUD/USD
- eurusd_trade replied Feb 10, 2014
You should go into managed futures
I just don't have the same risk tolerance/time horizon you do so for me the stops are at 91 we're going to trade there no matter what thanks to the CTA crowd... and also given the 4H chart. haha.AUD/USD
- eurusd_trade replied Feb 10, 2014
Doesn't look good to me with the big W on the 4H. As someone said AU has a minimum target of 92 something which looks quite plausible but 91 is almost a certainty by Wed this time. It's my experience also that you never fight "unusual" moves (at ...
AUD/USD