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[Lord Flasheart]

This trade has a strong resistance line at this level,just hoping i entered to early and that it will fall away

 

[Lord Flasheart]

the last week has been crazy for eur/usd and gbp/usd,absolutely no correlation at all
and both subject to sharp anti correlation moves,any ideas why

 

[Lord Flasheart]

right now euro spiking up and gbp not,10 mins ago it was the other way

 

[wackypete2]

right now euro spiking up and gbp not,10 mins ago it was the other way

I'll take a guess...both eur and gbp interest decisions tomorrow. Traders trying to position themselves for both events may be causing some erratic (non)correlation.

Peter

 

[wackypete2]

I look at correlations between eur, aud, and gbp also. Sometimes if one is ahead of the others you can get an early jump on a trade but this week it's just been headache trying to do that.

Peter

 

[Lord Flasheart]

Morning all

Short eur/aud at 1.3110 sl 1.3135

ffs -30 on 1/2, half was taken off,resold same 1/2 at 34,stop now 45, hope it makes sense

 

[wackypete2]

short ej 126.77 stop 126.89

 

[wackypete2]

stopped out -12

 

[wackypete2]

short ej 126.81 stop 126.91
try again

 

[wackypete2]

exit 126.64 +17

 

[Lord Flasheart]

stopped out -12

think you were too early,ive got lots of charts looking bearish on euro,but nothings been logical with euro this week,but this sort of wierd action normall implies a huge move of some kind. nice wacky by the time id written this you were back in the pips

 

[wackypete2]

short gu 1.5657 stop 1.5669

 

[wackypete2]

think you were too early,ive got lots of charts looking bearish on euro,but nothings been logical with euro this week,but this sort of wierd action normall implies a huge move of some kind. nice wacky by the time id written this you were back in the pips

you're right I was too early but got it on the 2nd try. definitely weird action!

Peter

 

[wackypete2]

exit gu 1.5667 -10

 

[wackypete2]

German factory orders up in 5 minutes. should affect eur and gbp. Might be interesting


Peter

 

[Lord Flasheart]

Morning all

Short eur/aud at 1.3110 sl 1.3135

-35 x 2 and a bit more

 

[wackypete2]

short ej 126.85 stop 126.97

 

[wackypete2]

exit 126.70 +15

 

[wackypete2]

still looking for another try at short gu

Peter

 

[wackypete2]

We have a full house today