dc2000
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tea, biscuits, lunch, dinner and supper DC, its a very long way when its going to go down first!
Always wiv da negative waves
tea, biscuits, lunch, dinner and supper DC, its a very long way when its going to go down first!
rav700 said:1. Monday, September 18th, 2006 (8:30 am New York Time) USA
We have U.S. current account balance coming out. This report comes out only 4 times per year, once per quarter, and I've never really seen it move the market that much because it didn't really deviate that much. Of course, in my opinion, if it really deviates A LOT, it will move the dollar related pairs, but since there is no history of how much is enough to move it, this report is riskier to trade than most others. But I am going to set very logical pairs, which I think would really affect the dollars. The chances of these triggers being hit are slim to none, but if it happens, I really believe this could potentially be a good trade. Current account is expected at -214 billion, with prior number at -208.7 billion. Logically speaking, I think if it comes out at -180 billion or less negative, that would mean that U.S. significantly decreased debt since last quarter, and it will probably be good for the dollar. Or if it comes out at -250 billion or more negative, it would be bad for the dollar, because they would've gained A LOT of debt within last quarter..
trendie said:anybody else in FXIgors paltalk?
wasp said:Nope. Are you? Any good?
Nah, its just that I'm short
dc2000 said:Sorry to hear that but you know there are a lot of happy people with stunted groath
Goo on wasp what ya gonna say for yor 1000th... make it poignant (is that how you spell it ?)wasp said:Too much smoking as a young reckless teen I guess!
wasp said:Ok, gone long on NOK from 5150 and short cable at 8830... lets see how my PA works out!!!
looking for circa 700 on cable and 5450 on NOK with a 25 and 75 pip stop respectively
EDIT : I 'think' going by the daily chart we will see a return to the up trend line and form a double bootm around 700 and then head for new highs.
As for NOK its more a stab in the dark at a possible channel forming and the support holding.
EDIT2: Moved NOK stop to +1 and target back to 400 (no need to be greedy now!)
-21 on the long and now short 806 with stop at BE. Paulson's strong dollar stance this morning helping the thrust down p'raps.ChowClown said:Morning all, in the wings waiting for a bo entry and forward testing an hrly swinger, currently long from the 7am bar at 8816. Stop 8795. Fib target exits.
wasp said:Hi Zuke, not been watching SEK much. Which do you pair it with EUR or USD or...?
NOK was a bit of a gamble this morning as I am trying this whole price action malarky today so only have a blank chart with just bars to guide my way.... interesting stuff, certainly hurts the brain a bit more!
Just trying to help the board mate and you are right it is from felix the great but I guess it will just help people with some extra info.....Priceman said:Aha Rav, I know where you stole these from.... you forexB******![]()