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Only 361 shopping days b4 xmas......FOREX

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Captain
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Posted: #251

Next week should be a good one we got some nice looking charts heading into the weekend...didnt have the best week ever but $$$ is $$$

 

 

 
Captain
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Posted: #252

Look to sell GBP/USD on any type of rally this week fellas...i think we see it go to test support in upper 1.58s...need to have a close over 1.6460s to continue up and i cant see that...i shoulda just sold two lots and held them all week for 250 pips we talked about this pair dropping b4 open last week...

EUR/JPY is also around a major support level [1.27]so it may be good for a buy Sunday lets see what they do with it at open

EUR/CHF has been in a 200 pip range last few weeks from 1.48s to 1.46s there has been talk of intervention around 1.4650ish...again this week ill prob snag a lot and just let it ride till we see some movement..

 
Captain
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Posted: #253

Buy EUR/USD 2hr crossed 4 hr setting up for one as well....going for 30 pips........1.4164 entry

 

 
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Posted: #254
Quote Originally Posted by bucknuts:

Buy EUR/USD 2hr crossed 4 hr setting up for one as well....going for 30 pips........1.4164 entry

 



Hasn't budged since you put this up, so I'm in at the exact same price
 
Captain
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Posted: #255
We shouldve jumped in EUR/JPY we'd be out already...this pair will make a run b4 USM opens...I hope
 
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Posted: #256
yeah, didn't notice your previous post buck... oh well...

EUR/USD hasn't budged...  slight decline, but not much.  No action on this pair.  Still in it, will stick it out, I have a 50 pip stop loss... see what happens.
 
Captain
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Posted: #257
Looks like it got to about a pip or so of hitting my limit...ill keep an eye on it for now
 
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Posted: #258
Quote Originally Posted by bucknuts:

Looks like it got to about a pip or so of hitting my limit...ill keep an eye on it for now


Oh? When was this?  it hasn't come near my limit yet.. unless you are averaging
 
Hall of Fame
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Posted: #259
The trend here is upwards, it should retrace to some point near the 1.4280 high of January 19th.. could even retrace back close to the 1.4400 of January 18th, before it took a plunge.  The problem is, this sucker is moving terribly slow and we might have to stick with for a few days.  Monday's are generally slow days though, so I'm interested to see what this does during the 3 a.m. time slot when things start to move
 
Captain
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Posted: #260
it hit a high of 1.4193....my limit is 94
 
Prospect
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Posted: #261
Question. What platform do you use on AMC? Thanks
 
Captain
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Posted: #262

AMC?

Ice we totally just missed a cross in AUD...i didnt even look at chart since im holding EUR...that sux!!!!!!!!!

 
Prospect
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Posted: #263
Sorry, misread another post. What platform do you use to trade on? Thanks
 
Prospect
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Posted: #264
Quote Originally Posted by bucknuts:

AMC?

Ice we totally just missed a cross in AUD...i didnt even look at chart since im holding EUR...that sux!!!!!!!!!

I'm new to trading and been following for sometime, you seem to know what your doing. can you explain what a cross is?

 

 
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Posted: #265
Well Buck, the Euro took a big shit!  One minute I'm up pips, the next it drops 70+. It's unbelievable how currency can turn in an instant.  My stop was triggered so I'm down 50 pips.



Keep on trucking
 
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Posted: #266
I'm short EUR/USD.  Entry at 1.4094

Aiming for 40 pips at 1.4053.  I set my stop at 1.4175.

Looking at the chart here, EUR is gonna keep going down.  1.4053 is getting close to support.  If I hit that, I may jump on a LONG position there.
 
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Posted: #267
Quote Originally Posted by bucknuts:

AMC?

Ice we totally just missed a cross in AUD...i didnt even look at chart since im holding EUR...that sux!!!!!!!!!



Good grief, did we ever buck!  That sucker dropped like a sack of potaotoes!
 
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Posted: #268
Yeah, off to a good start..
 
Captain
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Posted: #269

Sorry guys i left shortly after my last post....MONDAY NIGHT RAW was in town and tickets were one of his Xmas gifts....he made it on TV as well he was pretty excited to say the least...

Yeah that pair shit the bed on us...i dont mind though im holding on so let it fall ill just wait it out...

Steelers and Knock im using the platform at forex.com and i use webtrader and pro..and when i say cross im looking at the DMI lines and the ADX

 
Captain
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Posted: #270

I set a buy order for more EUR/USD at 1.4024...this will lower my average close to 70 pips if it hits...im off to work

GL today boys

 
Covers Linesmen
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Posted: #271
I bet your EU trade is working out just fine with this market reversal here.


 
Prospect
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Posted: #272
Thank you the information Buck.
 
Hall of Fame
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Posted: #273
Got those pips on the short of EUR/USD
 
Prospect
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Posted: #274
Thanks buck.
 
 
Captain
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Posted: #275

Nice trade ICE

Looks like ill be watching this pair for a day or so at least...maybe get into another trade if something looks good later

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