Fx 2008

[Bigfarmer]

Cable could be heading back down to 1.75 area.

Nice little H&S pattern with the neckline around 1.7980-1.80. Also in its 5th wave down for you Elliot fans.

 

[Bigfarmer]

Cable H&S

Chart attached.....

:-0

 

[Bigfarmer]

Having a good go at it now....

 

[Bigfarmer]

Well broken through 17980 at about the 5th attempt.

Can it hold on?

:whistling

 

[Bigfarmer]

That'll do me.

 

[rags2riches]

That'll do me.

Cable's been stuck in a range all day. I'm going to see if it wants to go down some more....

 

[Gumping]

A EUR/USD short would have been fun today - but the volatility was so great, it probably would have wiped me out!

 

[VingTsunKuen]

Funny day in the markets..Is there a waiting for US congress to vote??
I was bored most of the day

 

[BSD]

Is there a waiting for US congress to vote??

Suppose so.

THE big thing its being made out to be at the moment isn't it.

Might cause the usual exaggerated fake-out / shake-out price spikes on low time frames when it's out.

 

[Bigfarmer]

Short on EUR/YEN, looks like breaking through 140....

 

[normbeef]

Short on EUR/YEN, looks like breaking through 140....

Easy tiger... I reckon this could be the unwinding of risk short term... I am not convinced this is going to go on too much longer...

but I could be wrong

 

[Bigfarmer]

well, locked in 30 pips at 14020.

:|

Got a little hairy for a while.....

 

[Bigfarmer]

Crikey its getting a shift on.

Stops down to 13905

 

[Bigfarmer]

Just closed at 13650.



Errr wow

 

[rags2riches]

wow.... how stupid do I feel?

Shorted usdjpy at 10324 and closed at 10315 due to a loss of discipline.
I think I can safely say that was the most expensive mistake I have made recently!!!!

9 points out a 150-200 point move mmmmm......

Still 160 off a cable short aint bad. I am done for the day. Good trading.

 

[normbeef]

Easy tiger... I reckon this could be the unwinding of risk short term... I am not convinced this is going to go on too much longer...

but I could be wrong

AND I WAS .... good job I didnt back myself ??? !!!

 

[masif1]

Good call Bigfarmer,

wish i had taken it

look forward to tomorrow calls :whistling

Short on EUR/YEN, looks like breaking through 140....

 

[Bigfarmer]

Taking a few days off after that. A rule I learnt the hard way after giving most of it back too many times in the past.

Good hunting to all.

 

[VingTsunKuen]

I have discovered GBP/JPY!WOW!!!:cheesy:
Is this par always moving like on speed???:clap:
I have gone short USD/JPY .This pair have made around 100 pips move in hour..BUT GBP/JPY have made more than 200 pips in same time..Will watch this pair from now...
Cheers,
VTK
P.S.
Just closed half of position..+100 pips.Another 40 pips locked with manually trailed SL...
Now riding for free..

 

[Bigfarmer]

Trouble is Ving, you can lose it a lot quicker too