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- eurusd_trade replied Feb 10, 2014
Wise words. However my scalp is still based on the view that this pull back here is going to run out of steam pretty quickly. What are the chances that this move gets hammered down given the fundamental threat on Wednesday? (My sense is that it ...
AUD/USD
- eurusd_trade replied Feb 10, 2014
a lot of it is also driven by a "lack of time left" before the big number of wednesday, so at this point people just want to buy any price until 9100 gets taken out. you'd never bet that the employment number would come out "so bad" such that 9100 ...
AUD/USD
- eurusd_trade replied Feb 10, 2014
anyway, had I still had the scalp I would have covered here at 90-96ish, moot point
AUD/USD
- eurusd_trade replied Feb 10, 2014
BE stop out, offering again at 20, it could be right to hold the scalp at 10. I just don't feel like fighting this. It's a very tricky move with USDCAD also getting stopped out *the other way* and EU getting stopped out *the same way*. a lot of bad ...
AUD/USD
- eurusd_trade replied Feb 10, 2014
And stalling again, anyway, we did spend more time on LS than currently on RS so may need more development time. Let's see what the mini AUD data is. bizarre they dragged EU with this. any way if they are going for higher EJ stops UJ may catch a bid ...
USD/JPY Discussion
- eurusd_trade replied Feb 10, 2014
Agreed UJ looks in trouble having failed to hold 102.20 there and an anemic attempt above 102.25. We headed below 102.xx it looks. It's all very H&S ish Of course in the age of the algos these patterns don't always work, Reassess on a firm hold back ...
USD/JPY Discussion
- eurusd_trade replied Feb 10, 2014
I agree, I think it's way too early to talk about 1.40 with especially with lingering uncertainty about the direction in equities, UJ, EURXXX, GBPXXX. If lower risk levels are indeed in play, and they still are unless invalidated, 1.40 could take ...
Cable Update (GBPUSD)
- eurusd_trade replied Feb 10, 2014
Well let's see what happened with the last 2 half figures 13000 - Bernanke dovish comments in July sends EUR squeezing from 1.2750 to 1.32 (with more than half of it happening after 445ET) 13500 - FOMC "surprises" market by not tapering on course in ...
Cable Update (GBPUSD)
- eurusd_trade replied Feb 10, 2014
OK so the AJ box ends up holding yet again for the day (unsurprising given the consolidative S&P and the impending AUD data on Wed)... and we are totally in a do nothing zone now. if you took the medium term long from below 91 you should just get ...
EURUSD
- eurusd_trade replied Feb 10, 2014
looks iffy for an intraday trade, 140 is still in play, if you're talking short at 139.50 SL 141.50 TP 135 maybe but even that seems iffy. it's a bit no man's land between ST and MT right now
EURUSD
- eurusd_trade replied Feb 10, 2014
141.xx still too early to talk about but 140.xx decent chances imo, but the conditions can change as we go... let's see... i would definitely be looking for a scalp if not a swing fade on a quick break of 140 depending on how stoppish it looks on a ...
EURUSD
- eurusd_trade replied Feb 10, 2014
agreed i like +EJ, let's get to 140 then reassess any further possible upside or if we should sell. it is a little bit overbought and definitely missing a few retests but there are an awful lot trapped shorts in EU and EJ and we could see a three ...
EURUSD
- eurusd_trade replied Feb 10, 2014
Not long but not short either. It's too inactive, the edge isn't there. If I was forced to trade I might be long scalping. There are some tough offers at 1.365x but there are also a ton of trapped shorts. 1.3630ish line in the sand
EURUSD
- eurusd_trade replied Feb 10, 2014
well there's the wm fix looks like some USD sellers,, can't believe all those resignations and retirements on this WM witch hunt.
EURUSD
- eurusd_trade replied Feb 10, 2014
Wow guys, 6 hours later and everything is STILL trading here? Must be the Monday blues
EURUSD
- eurusd_trade replied Feb 10, 2014
See if you had just taken it at the stops you could have bought both EA/GA back here at the intraday pivot if you really thought it had more to go (I think it's dubious). And then if the intraday pivot also goes then you would have to cut or flip ...
EURUSD