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- eurusd_trade replied Feb 14, 2014
we shall see in due time
the macro guys take their jobs seriously. think about how long the long EUR cross long GBP cross trade lasted. If now people are serious about outright USD selling, they're not just going to change their minds in a week. ...EURUSD
- eurusd_trade replied Feb 14, 2014
here's another observation: just as GBP is strenghtening, so is CAD all of this reflects a rebalancing more against the USD than anything else. that's why we've also seen AUD, JPY, EUR all strengthen simultaneously without GBP crosses getting ...
EURUSD
- eurusd_trade replied Feb 14, 2014
we're talking maybe ~1.366x +/- 15 pips here as some possibility not 1.3600 lol it's premature to even say that for now scalp long against the hourly pivot at low 8x if it breaks we're probably headed into 1.3650-1.3670 range but then a move back ...
EURUSD
- eurusd_trade replied Feb 14, 2014
stalling, so for now i am neutral here but i'm still only looking for longs. if 7x cracks will have to see how it plays out. may be a lifeline for shorts but could also be an opportunity to reload new longs. there's been some potentially bad ...
EURUSD
- eurusd_trade replied Feb 14, 2014
entry a lot worse than SL. sold at hourly support and trapped position area i wouldn't give it another 5 pips, i would either try to cut it here and save 10 pips or follow the original plan. we could also come back to 8x and try to cut there instead ...
EURUSD
- eurusd_trade replied Feb 14, 2014
i have no idea. i am just trying to help. results speak louder than style. i get that my opinion isn't popular with many but let's let the market do the talking shall we? look you've been on this forum for many years, so i respect you by default and ...
EURUSD
- eurusd_trade replied Feb 14, 2014
I shorted the EG at the same point... I'm just trying to help. Not telling anyone what to do, but just warning people of the dangers of trying certain things in exceptional market conditions. People got destroyed in the GU thread 2 days ago, just ...
EURUSD
- eurusd_trade replied Feb 14, 2014
don't know how many times i have to say this, DO NOT sell the EUR especially not where trapped shorts will soon be in the money (at 7x hangman support). If it breaks and it could break, then worth a re-evaluation but it's unlikely that the trapped ...
EURUSD
- eurusd_trade replied Feb 14, 2014
There's no such thing as too high in this market. We are in exceptional market conditions with GU is making multi-year highs just like GC did last year. EU has massive trapped shorts under 75. Can't believe people still think SHORTING EU has good RR ...
EURUSD
- eurusd_trade replied Feb 14, 2014
no view, but i wouldn't do it myself, only looking for longs but currnetly have none. same EUR if view is EG lower and EU defended at 1.3675 GU can't go down these are truly some exceptional market conditions we're witnessing for a while now let's ...
EURUSD
- eurusd_trade replied Feb 14, 2014
I don't know man, retailers trapped below 1.3675, let's see if it breaks, i have no longs anymore so i don't really care if it does but but i think it will be defended
EURUSD
- eurusd_trade replied Feb 14, 2014
lol, the thing is, there is just no way to know, i agonized about taking profit here too on longs at the end got 1.6700 avg which now isn't trapped anymore, i still think EG lower, you better off chancing EUR short but neither looks appetizing. 3 ...
EURUSD
- eurusd_trade replied Feb 14, 2014
i wasn't talking specifically to you. and i've been trading since 2009
i'm trying to help whoever is reading this thread. cheers. btw, notice GU higher, AU higher, GA lower, like I just posted hours ago.GBP/AUD
- eurusd_trade replied Feb 14, 2014
i hope you guys covered any shorts at the hourly pivot as suggested earlier...
AUD/USD
- eurusd_trade replied Feb 14, 2014
here's another trick guys whatever level everyone is looking at just take profit 10-20 ticks before (10 ticks usually enough) like earlier in the UJ i sold it when it was falling during asia session at 101.88, everyone was trying to stare down ...
EURUSD
- eurusd_trade replied Feb 14, 2014
all righ,t i'm out of rest at 6710, EUR didn't move. i could be early but you know what i'm happy with this result on a pure stop hunt without any event risk and with GBP/AUD GBP/JPY etc. off highs.
EURUSD
- eurusd_trade replied Feb 14, 2014
all right guys, with a lot of USD stops having been printed in a very choppy way on a dataless day -EG remains a good view to hold into next week with GBP claimant count, retail sales, and CPI to come yes you've missed a large part of the move ...
EURUSD
- eurusd_trade replied Feb 14, 2014
-EG is likely still to yield return though and is probably safest at the moment in this dataless break where most of the stops were in the USD You do -EG in anticipation of the GBP data next week even if you think the stops in the USD are ...
EURUSD
- eurusd_trade replied Feb 14, 2014
it's a function of the still high EUR/GBP, if and when EG gets back to 81xx we could see more activity higher in GU, but again i'm not happy that this happened without any of the numbers next week in GBP. but the positioning was so extreme that ...
EURUSD
- eurusd_trade replied Feb 14, 2014
the ticking is painfully slow. maybe people are well-repapred which is why this move is disappointing. i took some GU off at 90 as some stops already ran. we could stall . or am i just being fooled before the real move? i'm a bit surprised that we ...
EURUSD