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- eurusd_trade replied Feb 13, 2014
Unlikely to see 8925 price before CNY CPI and could be dependent on that data just like yesterday when we were still at 9025 before the employment data. Today we could be at 8950 which is still binary. Anyway, right now it doesn't even look like it ...
AUD/USD
- eurusd_trade replied Feb 13, 2014
I don't trust that feed so much, I've looked at it sometimes but i'm not sure if you'd bat more than 50% using it. But yes of course there are stops under 891x, doesn't mean they will trip any time soon. In fact, people are probably going to stop ...
AUD/USD
- eurusd_trade replied Feb 13, 2014
Short AU at 898x, let's see how it goes Just realized the guy above me posted something similar. ick lol. well for me, i'm not going to have such an aggressive target as it's basically impossible to get there before tonight's number, but let's see ...
AUD/USD
- eurusd_trade replied Feb 13, 2014
Well, I don't know if it's that. We haven't had much good data recently, and the forecasts were low. Everyone, including us was talking about red data in the UJ thread as well (I said this as early as Tuesday). China data is leaked but not US data
Cable Update (GBPUSD)
- eurusd_trade replied Feb 13, 2014
Try to calm down. I generally find it's hard to trade well wtih all the emotions. You just took a 7 pip profit on a short, suggests you're being very jumpy. Trade at key levels to maximize chances, the sell at 6x satisfies this criterion, a buy back ...
Cable Update (GBPUSD)
- eurusd_trade replied Feb 13, 2014
Yes sir
But not a short (at least not yet). If you DID happen to go short at 6x though I don't see the rush to take 5-10 pips. Just risk the highs again. HIGH REWARD/RISK guys, won't you be upset if you caught the top and then failed to run it. ...Cable Update (GBPUSD)
- eurusd_trade replied Feb 13, 2014
A bit disappointing, exited longs at high 6x for now, but wouldn't be deceived into shorts. The set up isn't there for that guys, we could consolidate here before grinding higher again into more stops, or it may not. Let's see how it unfolds
Cable Update (GBPUSD)
- eurusd_trade replied Feb 13, 2014
Ouch guys, so we flattened out and had the small pullback back to 1.6600 on the London open then higher as expected, Now pretty much every single short out there is OTM, and most retail is massively short even at this level. The fun starts above the ...
Cable Update (GBPUSD)
- eurusd_trade replied Feb 12, 2014
edit: i'm gonna go to sleep and revise this to not sound so alarmist. there actually aren't any more GBP numbers for the rest of the week so i'm going to reduce the likelihood of this spike happening immediately from "likely" to "possible". GBP is a ...
Cable Update (GBPUSD)
- eurusd_trade replied Feb 12, 2014
speak of the devil guys, UJ is already taking a crack again at 4H support buoyed by the prospects of a poor US retail sales number tomorrow and a broken AJ. Actually, technically we are already through 4H support, but not through the stops sub 102. ...
AUD/USD
- eurusd_trade replied Feb 12, 2014
Well good on you for stopping out earlier before 1.6600 printed, so you'll have an opportunity to sell again if we do go straight up to 1.67xx as is a likely outcome, with minimal <.5% retracement Most other people likely won't be so lucky and many ...
Cable Update (GBPUSD)
- eurusd_trade replied Feb 12, 2014
Yeah well if it spikes to 1.6700-1.6750 that should be a spot to fade it But I not sure I agree that it's too late to be bullish. Certianly if you were alreayd long you should hold it. For a new long they might not want to just buy at resistance. ...
Cable Update (GBPUSD)
- eurusd_trade replied Feb 12, 2014
And we're still grinding! I guess more unfilled stops here. Frankly it doesn't even matter whether the shorters on this forum stop out or not, there's a large contingent of shorts who don't read this forum. I think someone had a chart pointing ...
Cable Update (GBPUSD)
- eurusd_trade replied Feb 12, 2014
ok yeah, i'm pretty sure this is a confirmed break at this point, and we're in no man's land/empty space, so it's probable to see weakness risk is trading very poorly on the open i wouldn't chase the move but i'm also not buying here until the ...
AUD/USD
- eurusd_trade replied Feb 12, 2014
careful, nikkei trading weak into the open, no strong view here, we did break trendline on the 4H but we'll have to see if it holds down here
AUD/USD
- eurusd_trade replied Feb 12, 2014
Yeah, I said we could go back to 89xx as early as 7 hours ago. Shorting at 900x 2 sessions ago and it went to 906x wasn't exactly intelligent. But today with the higher GU and rejected EA I said AU could see more weakness. And of course a bad print ...
AUD/USD
- eurusd_trade replied Feb 12, 2014
shocking result guys after everything we just talked about. late afternoon, low liquidity is prime time for stop running. cries of manipulated markets and anger from the retail community as usual UJ could potentially follow.
Cable Update (GBPUSD)
- eurusd_trade replied Feb 12, 2014
S&P is suggesting another wave higher here having failed to take out 1812.50 3-4 times, as of the time of writing it's already bounced off 5 points since my last post if it does, and it's quite unlikely in the short term, then reevaluate for me ...
Cable Update (GBPUSD)