FX 2007 > March 12th - 16th

[Uphios]

morning, havent made a live trade for some time. looking for an entry on a swing short on eurjpy. looking for a decent move down (some 200 pips or more). lets see if it happens. lookinf for entries around 155.50 to 70 mark, already missed preferred entry at 60 due to schoolrun.

j

Not recommending anything Jacinto but that looks like a promising option. All the European currencies are at last 'in sync'. GBP's previous run left strong against US but also way to strong against Euro and swissie. This run they are all more or less in step. CAD looks about right but Yen looks way to weak to me. The only 'western' economy running a trading surplus, I would have thought much closer to the 110 mark would be about right.

 

[rav700]

Not recommending anything Jacinto but that looks like a promising option. All the European currencies are at last 'in sync'. GBP's previous run left strong against US but also way to strong against Euro and swissie. This run they are all more or less in step. CAD looks about right but Yen looks way to weak to me. The only 'western' economy running a trading surplus, I would have thought much closer to the 110 mark would be about right.

I have the ditto trade open am short on eur\jpy as well.... :cheesy:

 

[jacinto]

I have the ditto trade open am short on eur\jpy as well.... :cheesy:

well, one thing is for sure. we will end up having a beer tonight. either to cry or to celebrate. :cheesy:

well done rav. lets see if it gives the goodies.

edit: got another swing short open, but that one is unfortunately a paper trade short GBPCHF from 2.375 well in profit (+130 pips). testing a strategy, and now testing for real on eurjpy.

 

[Phil Mibbutz]

135 points down for FTSE and 319 for Dow tomoz should give cable some energy

This isn't going to be one of those watching paint dry days, that's for sure!

 

[jacinto]

thanks uphios, lets see what comes from it. i will take a break and go read the newspaper and coffe, back to see the close of the next 4 hr bar.

good day

 

[29Investments]

Morning all. Currently long from 404, stop now at 391.

Taken profits on half position at 473, moved stop to 445 on remaining

 

[dc2000]

another entry coming up @42

 

[2be]

another entry coming up @42

CCI Divergence on 15 min cable, going short @9460, tight SL , First target 9410

 

[Uphios]

9480+ and I will consider short, may go a little further up to touch 95's but I will watch for the turn. We have now retraced 38.2 of the down move from 23rd Jan and some one once said, markets like to turn on fibs .

Speaking of fibs, remember 'the US supports a stong dollar'.

 

[29Investments]

Following the recent indications of "Stagflation" I'm going to be short Dow today and Long cable - Apart from around 12:30 when CPI data is out which I think will give USD a temporary pop.

So for me.... Short dow now, remaining long cable until later in morning where I will step aside, wait for CPI and then long the pull back.

All FWIW and IMVHO of course - may well be a load of old b*****

 

[2be]

Following the recent indications of "Stagflation" I'm going to be short Dow today and Long cable - Apart from around 12:30 when CPI data is out which I think will give USD a temporary pop.

So for me.... Short dow now, remaining long cable until later in morning where I will step aside, wait for CPI and then long the pull back.

All FWIW and IMVHO of course - may well be a load of old b*****

Tripple witching soon!!!!

 

[29Investments]

Poss bull flag on cable ?

 

[2be]

Tripple watching soon!!!!

Flag on 15 min cable, waiting for a sustained brake either way.

 

[rav700]

CCI Divergence on 15 min cable, going short @9460, tight SL , First target 9410

I wanted to go short but I think I will wait to see if it has another attempt to 75 region at all...

Hope it goes well mate :cheesy:

Happy Trading
Rav

 

[2be]

Poss bull flag on cable ?

Might go either way, my slight bias is south with a VVVV tight stop

 

[2be]

I wanted to go short but I think I will wait to see if it has another attempt to 75 region at all...

Hope it goes well mate :cheesy:

Happy Trading
Rav

Thats wise rav, in a few min Tripple Witching

 

[rav700]

Short@70 stop at 510

 

[29Investments]

Triple witching is on European stuff surely ? - US later.....

 

[Uphios]

Personally I won't play DOW short, the thing is way too biased to only go one way and that's up. Prefer to go long DOW on major pullbacks and even then I don't like the overnight carry rate.

 

[dc2000]

looks like Im the only one bullish cable

575 baby 575