Hi Leche Mocha, so you were short E/U & G/J this week , well done. why didnt you close your E/U at 1.3590?/ the price bounced from there twice , you could go short E/U again from higher prices, I personally think we see a correction higher , then ...

Weekly COT report Analysis + Trade Ideas

SOURCE : EWI Given the general outlook for dollar strength any sterling recovery should prove corrective. Resistance extends to the 1.6072 area, though that seems a stretch. The decline below 1.5833 damaged the bullish triangle alternate count. ...

Weekly COT report Analysis + Trade Ideas

Puks, your favorite pair SOURCE : EWI Aussie broke the low from December, strengthening the failure top scenario. A fifth wave failure is a sign of underlying weakness and if this count is correction Aussie will extend lower with rebounds proving ...

Weekly COT report Analysis + Trade Ideas

pateince this one is for you SOURCE : EWI Continue to favor a bearish AussieYen after pivotal support of 78.57 failed. Support is at 76.21, a previous support cluster from the 4th wave triangle. A penetration of this support would open up trade ...

Weekly COT report Analysis + Trade Ideas

SOURCE : EWI The dollar setback since November looks corrective, despite falling below the 61.8% retracement level. With the dollar poised to rally against most other currencies we favor the dollar bottoming and advancing against the loonie also.

Weekly COT report Analysis + Trade Ideas

SOURCE : EWI The recovery from October 2008 is in three waves, a flat correction. That leaves the euro vulnerable to a trend reversal. "The rally from March looks like a five-wave affair and that leaves the euro vulnerable. Just a correction could ...

Weekly COT report Analysis + Trade Ideas

Source : EWI Update For: Friday Posted On: Thu, 04 Feb 2010 23:22:45 GMT AUDUSD Last Price: .8681 Support: .8607 (s), .8568 (s), .8155 (s/f), .7700 (s) Resistance: .8785 (s), .8915 (s), .9051 (s), .9148 (s) Aussie broke the low from December, ...

AUD/USD

dont you agree these moves are unusual?

EUR/CHF

thanx sinner

EUR/CHF

I think you are right, long eur isnt playing well at all although I'm just -40 pips in red but I placed my hedge orders at 1.36550 , its not an all-in trade just a simple trade like others but for now is a loser

Weekly COT report Analysis + Trade Ideas

I'm not sitting there, so I'm just guessing, besides they might have placed big buy orders there, it will become clear in couple of hrs if it was an intervention

EUR/CHF

[quote=Clouds;3433741] UBS: EURCHF: looming interventions? (February 4, 2010, 5:48 PM) EURCHF dropped to its lowest level since the intervention took place last Friday. The SNB committed to preventing any excessive appreciation of the CHF against ...

EUR/CHF

[quote=kimd;3433704] on the last fri, last hrs of market I took short at USDCHF and I just wanted to put my SL I saw it jumping 70-80 pips in front of my eyes!! then I read it was SNB intervention, chf pairs are scary

EUR/CHF

dont sell kimd, just buy

EUR/CHF

SNB intervention, try to buy when it comes down , that is safer, in the line of SNB intervention there is a heavyweight fight between SNB and some sell orders located in higher level

EUR/CHF

stocks crashed, it seems this risk aversion is getting more serious each day. why did you go long Gold? that one was clear. Cable and eur long are not good trades right now but I got stick to my Long EURUSD plan, right now -50 pips in red (I took ...

Weekly COT report Analysis + Trade Ideas

[quote=Patience;3432713]I know! OMG! After I wrote that post to Puks A/J dropped another 200 pips in what seemed like 10 minutes. I had already closed my shorts thinking the drop was over. That will teach me. As Jane Fonda used to say "Can you feel ...

Weekly COT report Analysis + Trade Ideas

it's nicer if you cite your charts from trading central, instead of saying my veiw

USD/JPY Discussion

do you have a platform to enter the # to take a trade for you in mini sec?

AUD/USD

thanx a lot for the explanation, I'm loading for the shorts, the higher it goes the better RRR

AUD/USD