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May the forex be with you...

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Posted: #501
i shoulda put this real close to that pivot 129.67. 
 
Captain
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Posted: #502
you got in low or youd be out but the cross couldve been traded on the way down from 13040..my short term charts gave sell signals once it hit 13020
 
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Posted: #503
I dunno..

To me I think the Euro markets and Japan will probably move higher, as should the SPX. I fully expect this to be over 131 by tomorrow morning, but who the crap knows.


 
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Posted: #504

Im not sayning its going lower it fell from the 13060 to 12960..i see it going up according to the daily chart but wevr seen these pairs move along being over cooked for days..RSI been riding the 30 line since the 21st...

 

 
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Posted: #505
Looks like it dipped enough for you to get 50 pips Pap...i got a buy order in at 12885...just put ot a line out trying to snag one close to the low from earlier...ill take it off if nothing on in the am
 
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Posted: #506
well i got my 50 pips but it wasnt going short. i closed that short about even and went long for 50 pips got it. im actually surprised the ftse and usm are green pretty good and this pair isnt up that much, theres alot of pressure on this seems like from both sides. gonna look for a side to take here soon 
 
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Posted: #507
well we have durable goods today and new home sales. durable's will be positive news i'd expect and new home sales wont be so i might wait to play a short if the durable goods cause a jump in usm 
 
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Posted: #508
the ftse jumped up 10 pts and this pair didnt do anything actually it went down a little. I bet today this pair will pop one way or the other. alot of headfakes on markets and trying to figure out which way things are really going from here on stock markets. 
 
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Posted: #509
there seems to be more downside pressure, markets are all green a good bit too and no one is buying.  futures are up almost 100pts and we're just below 129.95 the close of yesterdays stock market price and thats with all the other green markets. 

now were @ 129.60's with all these markets up. i shoulda opened a short 130.20's 
 
Covers Linesmen
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Posted: #510
I think the Yen is just very strong in general, lets see if the USM holds and what happens. It has slid 50 pips pretty quickly for sure.
 
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Posted: #511
shorted gbp/yen here 130.45 looking for a lunch time plunge for 60 pips 
 
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Posted: #512
Well she crossed to the upside on the 4hr...again...lets see if 13077 holds as resis
 
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Posted: #513

Nice call Pap...this pair looks sooooo heavy the crosses are worth less everytime and always reverse to the downside quickly

I shoulda bought this morning at 4am i knew it would test over 130 again coulda bagged 50-60 pips myself...

 
Covers Linesmen
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Posted: #514
Well keep in mind that the USM took a swoon here too, dropped over 60 points in the last hour..


 
Captain
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Posted: #515
watching EU/LB would like to get 8440s
 
Captain
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Posted: #516

Watching EU/$...about to have 50 cross above the 25 MA on 4hr....should bring a dip right???...but it looks like its going to be crossing to spike up??

Anybody around,what are you watching?

 
Covers Linesmen
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Posted: #517
buck,

Yeah I am around as usual..my average is just north of 131 on my pair, it is tough to go long any EU or LB pair, they are trading so poorly.


 
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Posted: #518
yeah i might short the gbp again. it cant get any traction it seems, the markets were all green yesterday well except the us sold off to red late but even up over 100pts with others all up the gbp wasnt showing any strength. 
 
Covers Linesmen
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Posted: #519
Its the Yen..check out the yen vs most everything, it is VERY strong..

The higher the risk, the stronger the Yen, thats how it has been playing lately.
 
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Posted: #520
went short lb/yen 103.06 will be looking for 50 pips 
 
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Posted: #521
china comments said risk is on and the yen fell @ 12:30 . im getting confused here lol 
 
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Posted: #522
the carry trade is coming back. they're selling the yen and buying everything else. man i think i need to go to bed lol 
 
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Posted: #523
exited the trade. i think theirs more upside to the upside now. 
 
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Posted: #524
went long 130.185 looking for 100 pips right below R1 of 131.31
 
 
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Posted: #525
 shes a moving now 
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