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May the forex be with you...

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Covers Linesmen
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Posted: #576
Also noticing the EU moving up pretty much across the board, Yen down, USM probably going to bump up tomorrow..
 
Captain
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Posted: #577
Well it was 10 pips off but didnt want to say im jumping in when theres that much diff...I wish id held my LB/JPY nice move here,i think it prob test resis over 133 again...hope so i should get my 100 if thats the case...
 
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Posted: #578

Check out the weekly on CHF...RSI highest its been since 1997and its getting an ADX/+DI cross lower it may try to float around in this area for a few days but its looks like it could come down as far as 109 maybe???

Eu,LB/$ both getting up crosses if they dont reverse i should be in good shape..if not we'll see if 117 holds again b4 i average...

 

 
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Posted: #579

Posting a weekly..it might move up enough to force an average out of me but i feel pretty good about this one..also listening to Spantons show from Thurs or Fri and he was sayn over the years hes worked around  500+ different traders with FOREX and less than 10 didnt average..sure they were trading with tons of cash but they take the same approach..he worked at a desk at one time so hes seen it all im sure...just good to know we not the only ones..

https://yfrog.com/j7chfweekg

 

 

 
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Posted: #580
That is a very strong weekly chart, it is way above its moving averages and it would take quite a move to be considered a reversal.

Pretty tame evening it looks like, probably a slow day in general with the USM closed.
 
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Posted: #581
Yeah i thought we would see some bigger moves in a thin market...i figured id be out or forced to average sometime this afternoon...instead its where it was when i finally crashed...long boring day
 
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Posted: #582
Interesting reversal on many of the moves from yesterday...


 
Captain
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Posted: #583
Yeah i couldve been in and out of this with 20 a few times now...hope theres some action tonight
 
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Posted: #584
tried to scalp gbp/yen Long about 20 minutes ago fucked up timing im in at 131.60 and 132  on 2 differnet trades. that shit fell 150 pips in the last 30 minutes. im holding off on averaging though this pair is 1 wild ride. 

funny thing is i accidently went short @ 132 at first and had to cancel it out. 
 
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Posted: #585
backed off the the 1 trade at even well up 5 pips so im holding gbp/yen long @ 132  here. shoulda averaged at -100 and i'd be out with a profit here. 
 
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Posted: #586
Well we got some movement at least..i will be averaging here shortly 117 area holding...half hour RSI is 100
 
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Posted: #587
out flat on both now. damn what difference a 1/2 hour woulda made. gonna wait to see where we go. Idont think we sell off in the usm but hell thats only because the us stock market makes no damn sense. in reality it shouldnt have been any where near this high. 
 
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Posted: #588
 gbp/yen is right back up 132.80 its moved 100 pips in the last 20 minutes. it will most likely stall here 132.80 seems to be the starting line for this pair
 
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Posted: #589
Lb is showing some strength
 
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Posted: #590
Missed my Lb.Yen long at 130.75 by like 5 pips..go figure.
 
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Posted: #591
gotta feeling we go green in the usm and gbp/yen gets to 134 today 
 
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Posted: #592
Well we have seen the USM go down 150 and close green, anything is possible.

With the Euro keeping falling, I am not sure that the USM comes flying back.

I am also quite interested in how the AU keeps falling..maybe some of the commodity fluff is starting to come out, of course a 1000 pip drop already points that out.
 
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Posted: #593
wow gbp is heading towards 134 without any help. currently 133.50ish 
 
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Posted: #594
That didn't take long, they erased 100 pts down and are almost up 50 now, how hilarious.
 
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Posted: #595

Just what i wanted to see...but wow did i leave some on the table...so many trades to choose from today and they were all perfect..never seen shrt term charts maxed out like that b4..

Anybody else have trouble trying to get in here around 630am?i tried to post when i averaged but finally gave up...is it my computer or was it the site???

 
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Posted: #596
i see the usm is green but what the hell is up every stock i have on my screen is red. 
 
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Posted: #597
The markets are up in a few groups that pull the rest higher..so higher weighted stocks market cap wise.

Time to take a swing at where she goes, it wont be flat like it is right here..

Gonna set a sell on the LB.Yen at 134.25, lets see if they get it there before 4 EST.
 
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Posted: #598
In short, lets see where it goes tonight.
 
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Posted: #599

Certainly a good trade here Wall...Just got a sell signal on my 4hr MT4 charts for your pair....RSI near 70...Trend line on  the 4hr has bottom around 133.52,this is the line i was trading off of last week...

Thinking of getting LONG EU/LB........any thoughts on that chart boys?

It should be right at support according to my charts....????

 
 
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Posted: #600
Let them keep running this pair up, works fine for me.

Next add at 125 pips under..

135.50 will be the first add.

Man the Eu.Lb was all over the map today and early on they are buying risk, Yen down against most everything..
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