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May the forex be with you...

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Captain
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Joined: Oct, 2005
Posts: 8951
Posted: #601

Yeah seems Prime minister Hatoyama stepping down is hurting the Yen strength weve seen last couple sessions...

I like LB/$ short here too...several good trades right now to choose from...time to make some $$$

Im taking LB/$ short here 147.25....no limit just yet,ill set one b4 i hit the sack...

 
Covers Linesmen
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Joined: Feb, 2003
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Posted: #602
So far so good on that short, you are lightly up..I am still lightly red.

Will set a limit of 133 on mine, net of 125 pips if they swoon the markets tonight.
 
Captain
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Posted: #603

Not leaving this open,i want to be able to take whatever trade pops up in the morn/afternoon.just closed it at 147681...not bad for a few hrs work though

See you guys in the morning

 
Rookie
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Posts: 859
Posted: #604
Going long here 134.40 lb/yen. 
 
Rookie
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Posted: #605
put in a stop loss at even here now, ill let it run and see where it goes 60 - 100 pips target.
 
Rookie
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Posted: #606
took 50 pips on that. 
 
Captain
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Posted: #607
Nicely done sir
 
Rookie
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Posted: #608
short gbp/jpy 134.15 was thinking of getting in earlier but was waiting for 135.25 lol now im pulling the trigger 100 pips lower. setting a limit at 133.25 and taking a nap. see where this is at about lunch time
 
Rookie
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Posted: #609
also placing a buy order @ 133 long on this puppy hopefully i wake up and have a new position 
 
Covers Linesmen
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Posted: #610
Missed an add by like 6 pips last night, of course.

USM just bounced after looking like it was going to go red, I am most interested in the last hour more than anything else.
 
All-Star
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Joined: Mar, 2006
Posts: 14715
Posted: #611
Hey guys, what is poppin.

I have been workin the Euro as of late.
Range trading between the low and the e23 % fib line has been wicked profitable for the past 2-3 weeks.

 
All-Star
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Joined: Mar, 2006
Posts: 14715
Posted: #612
Right now I am short from 1.2234 looking for the 1.2145 area. 



 
Covers Linesmen
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Posted: #613
To me the play is to short any real rally on the EU, she is going lower and the chart makes that very clear.


 
Captain
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Posted: #614
Well i dont see anything yet...shoulda just held the LB trade id be up 150+...oh well cant complain about this week so far
 
Rookie
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Posted: #615
hoping to get a lunch time spike up in usm and i can average and add a new short to lb/yen @135 
 
Rookie
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Posted: #616
close enuff grabbed another short here close to 135 
 
Rookie
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Posted: #617
shit i shoulda waited coulda got 25 better price 
 
Covers Linesmen
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Posted: #618
The USM is spiking, near the HOD, thus the move in the riskier plays.


 
Rookie
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Posted: #619
yeah i figured lunchtime would give us a spike. what we're we dwon EOD yesterday -112 or -120 ?? i was surprised when i seen that number after the close yesterday
 
Covers Linesmen
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Posted: #620
Nah we wont go red like that, I dont expect that at all.

More than likely what happens is we dip into the afternoon and they push it to near the highs by the close..thats what seems to happen most every other day lately.
 
Rookie
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Posted: #621
oh no i wasnt saying that we were going red today just saying we're getting back to about even from yesterday, -112 yesterday +112 today 
 
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Posted: #622
im just hoping we dont have a strong close. so theres some doubt out there and this pair can get pushed down after usm closes. 
 
Covers Linesmen
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Posted: #623
Well so far the normal slight swoon into the afternoon has played out, and I bet we go to the HOD by the end of the day.
 
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Posted: #624
i swear anytime the president gives a speech the market drops atleast 30 pts.its like clock work. 

If we get a close under 100pts up i think we'll get 133 after hours today.  fingers crossed 
 
 
Covers Linesmen
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Joined: Feb, 2003
Posts: 56849
Posted: #625
Nah..

They are going to ramp this market again..that dip was the computer guys taking a nap, now the last hour it will be back to the highs, we are there about now as it stands.
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