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- eurusd_trade replied Feb 13, 2014
thanks for sharing i don't have much experience with abcd but it's interesting the SL TP is a bit wider than what i'm comfortable with (around ADR or more) i'm a 20-40-60 pip guy barring exceptionally volatile situations (60 pips being roughly ADR ...
AUD/USD
- eurusd_trade replied Feb 13, 2014
don't fully understand the chart so are you telling me you're still in a bunch of long term shorts from way up high and this is your latest cilp targetting 8360?
AUD/USD
- eurusd_trade replied Feb 13, 2014
you have some chance if we continue to hold above 900x the hourly pivots will rise which means that you may have to lose a few ticks if you trade the hourlies as of right now you're BE to the pivot but i doubt the position will be a disaster the way ...
AUD/USD
- eurusd_trade replied Feb 13, 2014
ouch good luck with that, that might be tough(er) because it will be defended at the intraday hourly pivot and obviously resistance at 9025 which can break too (maybe unlikely) that's why i did it at 9020, because they just closed the gap from ...
AUD/USD
- eurusd_trade replied Feb 13, 2014
I'm out on a very fast TF pivot for +18 at 02. and it's way too slow for anything else. good luck guys. If you're more patient you can try for the hourly pivot at around 8985 which should be supported but that has greater risk.
AUD/USD
- eurusd_trade replied Feb 13, 2014
I realize that. I just question who in the world is in the AUD with all the focus on GU and EU. It's no surprise the rally before because CNY data is always leaked.
AUD/USD
- eurusd_trade replied Feb 13, 2014
he's right that stalls tend to create small pullbacks but you shouldn't really get your hopes up for a large pullback. hoping for 1.6625 is reasonable, a break of that would be unlikely tomorrow but amazing opening up possibly 1.6600 or 1.6575 but ...
Cable Update (GBPUSD)
- eurusd_trade replied Feb 13, 2014
I shorted again at 99 there. This move looks like a head fake to me. All right, you guys got me, BE stop. Sidelined until number now. No more funny stuff. Someone must know something about the number we don't? Anyway, I still think this looks ...
AUD/USD
- eurusd_trade replied Feb 13, 2014
lol what is this in GJ? lol tokyo open stop hunt huh? fool us every time, usually it's welly,. i guess it makes sense, NY folks out to dinner, fewest number of people paying attention, london asleep
Cable Update (GBPUSD)
- eurusd_trade replied Feb 13, 2014
Anyone actually have a strong conviction here? We are sitting at 4hr pivots.
AUD/USD
- eurusd_trade replied Feb 13, 2014
So in 3 of your scenarios we're headed to 1.70 and in 1 scenario we're headed below 1.6250 right? Sounds about right. 75% of short retailers LOL. Anyway, for me, this is the reality. We haven't broken yet on the Welly open, so it's probably going to ...
Cable Update (GBPUSD)
- eurusd_trade replied Feb 13, 2014
exactly the retail positioning looks exactly like usd/cad before it broke 1.10. in fact this type of retail positioning ALWAYS shapes up the same way. A market ranges for a long time, then finally a trend goes in one direction for much longer than ...
Cable Update (GBPUSD)
- eurusd_trade replied Feb 13, 2014
people going to look at this in 3-6 months and laugh. just like GJ went to 175, so too will GU to 17500 at some point which will then prove resistive from the levels in 2006 then the question will be, why the hell didn't i buy gbp/usd at 1.66? why ...
Cable Update (GBPUSD)
- eurusd_trade replied Feb 13, 2014
I might wait until at least 7PM New York time so a low liquidity stop hunt during the Wellington open can be ruled out. We've got both GU and GJ pushing against the highs again. A pre-data break is not my core view but if it does break towards 1.67 ...
Cable Update (GBPUSD)
- eurusd_trade replied Feb 13, 2014
Also, we have hangman's at 1.6625, most likely downside could be capped there for a while (maybe even all of tomorrow), while people keep "hoping" By Monday NYC afternoon shorters will have started panicking as they have no time left and if people ...
Cable Update (GBPUSD)
- eurusd_trade replied Feb 13, 2014
interesting idea, spot is reasonable (having failed to breach 1.67 today it may now take next week's batch of CPI and claimant count data to get more clarity) vol for me however is always just a ripoff dealing with the banks, we all know the vol ...
Cable Update (GBPUSD)
- eurusd_trade replied Feb 13, 2014
More bad shorts at 7x? I bailed for -3. Nothing's going on, there are bteter opprotunities. It could still come down but for me if nothing's going on and it's not going in the desired direction quickly enough, juts bail.. gotta go, gl
AUD/USD
- eurusd_trade replied Feb 13, 2014
China data also notorious for leaks, so if we trade back down but higher than 895x then this was probably just a play to get shorts to cover. If we don't trade back down at all however in the next 7-8 hours, then we could genuinely be heading back ...
AUD/USD
- eurusd_trade replied Feb 13, 2014
bad shorts sub 895x is what it looks like to me, with hangman support there, thinking people will cover if they move it up here before the number. downside vefry likely to be capped above 8950 before the number.
AUD/USD