post charts if you want I'd be glad to see Aussie is really tanking though but 104.50/40 should provide some support where as E/U has more room to go down, so hopefully that is good for EA shorts Edit: last one filled @ 1925 Just realized ...

The Really Useless Thread

Short active @ 1915, looking to add a bit more @ 1925 sl somewhere above 1935 wish me luck because this thing is going nuts. 140 pip daily range

The Really Useless Thread

certainly possible but that would require a huge jump in EURAUD and its already somewhat overbought (in short term) cable has a barrier at 5800 but i think that was broken today so that is possible as well its almost inevitable that the dollar sells ...

The Really Useless Thread

i have no point just wondering if you are short have a good night

The Really Useless Thread

Are you short looking for pull back to BO line?

The Really Useless Thread

I think we need to break 2440 first, so that will be my first target.

The Really Useless Thread

Couldn't help myself on EA, short 1/3 of my 1915/25 target entry @ 1897.

The Really Useless Thread

Short e/u 2478 and gbp 5787 EA is looking attractive now, but I'll wait for 1915/25

The Really Useless Thread

1.58 is huge supply demand. The reversal of a large retrace and beginning of the 500 pip up move to the peak @ 1.63. I added a short @ 5787 Should be good for at least a pullback. Good luck to us both

EurAnalysis

Thinking we go back to 2440 at least

EurAnalysis

No problem, there is good information out there as to why its a good investment. Not to mention silver is well below its highs in 1980 ($50) and inflation adjusted highs ($150) but gold is not, it's above. So there is some catching up to do and the ...

EurAnalysis

Silver production has peaked, this year gold and silver mining ratios are below 10:1. It's about as important to technology as oil is to our ability to transport goods. Gold falls less, silver rises more. Over the long term (since the lows at $4.50 ...

EurAnalysis

You are right and I'll definitely short it from there. Looking at the charts in July 2510/20 was a 4HR reversal point half a dozen times at least. I guess more like 1.2510/20/30

EurAnalysis

Well said. Adding to any shorts here? I had a sell limit @ 2487 just missed. 2510/20 is the next supply area imo, from back in July. I don't think its a coincidence the dollar sells off right before FED or ECB has an event (tomorrow FOMC ...

EurAnalysis

Great analysis PT. Chart clearly shows a tightening range and a breakout soon to happen. Maybe tomorrow's FOMC minutes will be the catalyst needed to break the range. What is your mental stop loss on your shorts from lower? I know you are well in ...

EurAnalysis

Yeah I agree, that is strange. You are right it's not a fixed pip value. I was just using a pip value to approximate how much I get paid from the swap. Its more like 0.95 not exactly 1 pip. Holding a EURAUD short for 1 year would give a little less ...

The Really Useless Thread

Nicely done. I didn't day trade today but my TP was barely missed. I was too aggressive with it and didn't account for the spread enough. Will keep holding this one. My swaps pay 1 pip. What about yours it seems like a lot more? And hello to ...

The Really Useless Thread

Hope you aren't too mute. Thanks and enjoy your weekend.

EURUSD

yeah i dont think the RR is there with Aussie. If this was the first push down into 104.50/40/35 it would be worth it to long but not now. we are below daily S3 which is very rare, perhaps that was just the final stop hunt before bulls take over for ...

Aussie Trading Room and Cartoons Gallery

good call and i closed for -3 right before those stops were taken out EURAUD is giving me a headache. the buy pressure is too strong, i need to hold strong here as i know 1.1850 is a good spot to sell, but when PA is this bullish, makes me nervous

Aussie Trading Room and Cartoons Gallery