Bugger.... — ....lol. Hard Stop set at 3386. It certainly looks like it'll be hit, but I am seeing weakness on EU.

vsa with Malcolm

Short EU — Just taken a small short with a tight stop. (3367). Based on the 5m chart. High volume upthrust with the following candle being sold right at the end of it's 5m cycle. It's a risky one, but fortune favours the brave and all that....

vsa with Malcolm

Not cast in stone.......etc — Here is a Daily chart i've just knocked up. Yellow lines are self explanatory. The general uptrend from 1.19 is stil intact, BUT, we have broken 3 different trendlines to the downside now. Next test to watch for ...

EURUSD

hoorah!!!! — I was in the middle of posting something very similar when my PC crashed, thank you PipChick. FF is a talking shop PERIOD It is for sharing ideas, throwing random gut feelings and bouncing ideas on strategy. etc. It is not for ...

EURUSD

well..... — .......we got the fall to resistance/support @ 3266. Need to see what bearish momentum is left.... Gold has fallen off quite heavily as have most commodities and DX although not soaring, has bounced quite nicely.

EURUSD

There are weekend gaps, but not in the traditional sense. If you check various liquidity providers data over the course of the weekend, it can sometimes be quite obvious what rates are being transacted. When markets open on Sunday for Asia, hey ...

vsa with Malcolm

Hmmmm — Call me mad, but I am holding onto my short @ 3249. I do use a sub account, so I am offsetting this trade with some higher longs, (all with S/Ls), but I have seen this kind of PA before in light markets....

EURUSD

EU — Am short EU now @ 3249 15m high vol test followed by a lower volume bearish engulfing bar. Might have to wait a while for weakness to be confirmed, but with the GU move being so strong and DX bouncing off support again, longs are too ...

EURUSD

Likewise PC. Always like to see your posts.

EURUSD

Seriously, do yourself a favour and look at DX. I'm all for contrary thinking, but if DX breaks support, you need to have an exit strategy.

EURUSD

Thanks for the spot. Just taken a small GU long @ 5471

EURUSD

Fair enough. Remember, you don't have to be in a trade. Also, have a look at DX. Looks a likely set>test>break scenario shaping up. If so, we could see a rapid mark through support, followed by the inevitable bounce. This could see Euro spike, but ...

EURUSD

Careful — Will this be a scalp? Not a great place to go long IMO. If you think we may now go up, why not enter on the next small dip and keep a reasonably tight stop loss.

EURUSD

Phew! Plenty of room lower for EU IMO. Move has just started. A look at Gold this past day or so could indicate USD starting a bullish cycle. Keeping stops tight....ish and being flexible, but we're in for an interesting few months.

EURUSD

EU divergence — EU has to hit 1.24xx. Bearish divergence from months ago is still in play. I can't predict when, only that it will and I think it will fall before any climb above 1.4. We'll know soon enough of course.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Gold — Goldman Sachs have issued the strongest sign yet to sell Gold. url

Auslanco - GBP/JPY and GBP/USD (newstrade)

bounce — 150 pips not enough for you?

Auslanco - GBP/JPY and GBP/USD (newstrade)

B.I.N.G.O !!!!!!!!!!!!! Hope you're doing great Cohiba.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Hey Bel. Yes GJ has been too messy for me to trade for a few months now. GU and EU have presented much better opportunities IMO. That being said, I have a short GJ target of 1.295 sometime this week and i'll add as we drop. Let's see what develops.

Auslanco - GBP/JPY and GBP/USD (newstrade)

GJ is messy right now and will be for the coming weeks I think. While the Euro shenanigans are going on, GJ is unlikely to do much more than range IMO. EU, I still have a medium term target of 1.24xx and GU <1.48, so i'm not looking to enter any GJ ...

Auslanco - GBP/JPY and GBP/USD (newstrade)