I did my part and shorted at 1.5441. ;-) There is a huge call OI at 1.55: url This will be defended by the call writers. Additionally, USD has had bad fundamental news the past few days, but holding up well. That shows underlying strength for USD. ...

Simple Uncomplicated (obvious) trading

Probably these are factors: 1) Slippage 2) Spread widening on news 3) If your EA is making trades off of current bar (0), it may get more false signals as the current bar is moving. This may generate a signal, which is later not a true signal. Try ...

Looking for experienced traders/coders to explain backtest result

I added to AU short (now .7835, .781 shorts). 0.785 is option barrier and will be defended. Similar for EU (1.15) and GU (1.55). We should get decent USD rally from here. EZ

AUD/USD

Maybe a bank trader fat-fingered it and sold $1B AU instead of $10M?

AUD/USD

Just shorted AU and EU, and huge spike down! ;-) They must have known EZ was coming for them! EZcurrency

EURUSD

AU near 0.785 option barrier, EU near 1.15, GU near 1.55. Very large OI at these levels which will be defended by purchasing in the spot market. Likely USD will rally from here (or soon). url I established some shorts in EU, AU here, and long UJ. ...

Multi-Lot Multi-Timeframe Position trading

Robinho, Do you only trade the 11 pairs listed, or do others as well? Regards, EZ

Follow the monthly candle and be profitable

I looks like USD fell a bit overnight ... EU ran SL from last week highs. UCad near pivot confluence sup, and oil falling which make UCad rally. I longed USD here against E, Cad, and A. Regards, EZ

Multi-Lot Multi-Timeframe Position trading

Huge call OI at 1.15. This will be defended, and is big resistance: url EZ

priceaction1 journal

I just exited EU, GU long for ++ pips, and reshorted EU, AU, NU, long UJ, UCad. I think the USD was overbought and due for a pullback (which it did), but now may resume its longer term uptrend. Current positions are up slightly (10-15 pips each). EZ

Multi-Lot Multi-Timeframe Position trading

Yes, also if Greece and the EU make a compromise on the debt restructuring in the next couple of days ... that would send the EURUSD higher temporarily. I can see a rally to 1.15 or possibly 1.16 which would be a good opportunity to reshort. ...

Multi-Lot Multi-Timeframe Position trading

LOL! We can make a new system out of it called "The Walking Dead."

The 10th Man - contrary analysis

Yes, when the general public is talking about it, the bottom is (usually) near. The COT analysis clearly shows many funds on one side of the trade ... but as you said it can always go further. People must realize, EUR is only half of the EURUSD ...

Multi-Lot Multi-Timeframe Position trading

Well, EU gapped down which I expected, but not a lot of follow through. I don't like the price action so exited AU, EU, UCad positions all for profit, and now longed GU and EU long (tight SL in place). EU futures are heavily shorted (record levels) ...

Multi-Lot Multi-Timeframe Position trading

I long UCad (1,2442, 1.2487), and shorted AU (.7806) also. This news should make EU fall more next week: url Regards, EZ

Multi-Lot Multi-Timeframe Position trading

Nice. This should make it fall more next week: url EZ

priceaction1 journal

When the price was around 1.45 before NFP, the highest short SL was at b/e. The first short had a wide SL (over 1.16). Then I saw good NFP #'s (strong for USD), so shorted 1 more with overall SL (of highest position and this position) at b/e. So now ...

Multi-Lot Multi-Timeframe Position trading

I shorted EU again (and long UCad, short NU). I don't see many people wanting to hold USD short into the weekend with such an awesome NFP. Incredible job report and upward revisions: url I shorted a bunch of EU ... will keep adding over the coming ...

Multi-Lot Multi-Timeframe Position trading

what's your exit target?

priceaction1 journal