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Raining pips April edition

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Covers Linesmen
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Posted: #526
Geez I missed out on another 100 pips with the EU short.


 
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Posted: #527
I wanna play
Not fair!
Is there a tutorial from one of you guys on Forex?
 
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Posted: #528
Quote Originally Posted by HonLi:

I wanna play
Not fair!
Is there a tutorial from one of you guys on Forex?


Yep..most of the larger Forex sites offer training for free via webinars and articles.

My Lb.Yen is starting to look good here..almost up 200 pips on the short.

Interesting seeing the level II action, it seems that the broker FXCM is extremely slow, they keep having offers and bids way outside the current market..
 
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Posted: #529
Setting a buy limit on the LB short at 141.50

That would equate to over 250 pips on that short.
 
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Posted: #530
Closed my position with +27 pips, not bad for a few hour's exposure. My signal just went long but the higher signal is still strong short...gotta run to the eye doc shortly. Damn, i would love to jump in again. Hopefully the consolidation holds up for an hour or two.

Wall, +250 pips..
 
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Posted: #531
Quote Originally Posted by bobbydavecci:

Closed my position with +27 pips, not bad for a few hour's exposure. My signal just went long but the higher signal is still strong short...gotta run to the eye doc shortly. Damn, i would love to jump in again. Hopefully the consolidation holds up for an hour or two.

Wall, +250 pips..


Well it isnt there yet of course..

Nice bounce in the USM and thus the risk pairs but lets see if they actually let the selling return or if they buy the futures in the last hour.
 
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Posted: #532
re-entered sell market euro/greenie @3207
 
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Posted: #533
short signal gave me entry @3235 but i was out and just got back. I'll probably catch the pullback and just ride the wave for a couple of hours.
 
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Posted: #534
Well you need the USM to crack down 200 pts and give you 50 pips or so on that trade.

On the hour chart she is a teetering for sure..I think that trade eventually pays you 500 pips..no kidding.


 
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Posted: #535
hey wall...yeah i can see the possibility of that happening but as I mentioned before i think the 2900 level will be seriously tested first. If it persists and goes on to pierce south of that level, I believe we're headed all the way down to 2550. At the moment, I'm just really trying to ride the short waves without using up too much margin than i have to. Short and sweet rides, like a date with a hooker - without the danger of contracting STDs and I get paid for once.
 
Captain
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Posted: #536
Bob i been calling for 12750 for months but they keep buying on all the BS news....it pays to sell the strength of the EU though time and time again..
 
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Posted: #537

Quote Originally Posted by HonLi:

I wanna play
Not fair!
Is there a tutorial from one of you guys on Forex?

Hon there are a ton of threads going back last 2 years++ ....every site offers free practice accounts that will have you trading in real time with current market...any questions you have ask away ...we'd be happy to help

 
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Posted: #538
what do you guys think of usd/chf ?? im thinking of going short here 
 
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Posted: #539
Quote Originally Posted by bucknuts:

Bob i been calling for 12750 for months but they keep buying on all the BS news....it pays to sell the strength of the EU though time and time again..


buck, yup it does, lots of dough to be made when timed properly.
 
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Posted: #540
Quote Originally Posted by bucknuts:

Bob i been calling for 12750 for months but they keep buying on all the BS news....it pays to sell the strength of the EU though time and time again..


buck, yup it does, lots of dough to be made when timed properly.
 
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Posted: #541
bobby,

Getting closer..you still holding?

All that SPX drop and I didnt get much move on the Lb.Yen..


 
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Posted: #542
Quote Originally Posted by wallstreetcappers:

bobby,

Getting closer..you still holding?

All that SPX drop and I didnt get much move on the Lb.Yen..




Yup there is a slight turbulence/correction at the moment, nothing major. In an hour or two, I expect another downward run. Still no exit signal, staying put...
 
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Posted: #543
I agree..

What likely should happen is the other markets open, selling continues and the USD should keep improving versus the EU.


 
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Posted: #544

Quote Originally Posted by papageorgio:

what do you guys think of usd/chf ?? im thinking of going short here 

 

I like it Pap and jumped in also...draw some TLs on ur chart and we could see a short term top here at 10870ish also getting a sell signal from MT4

 

https://yfrog.com/5schfg

 

 
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Posted: #545
buck i got my limit set @ 50 pips for this cuz i dont see where she might go, but its run p over 150 pips last 2 days. i see the 20 ma on 4 hr is 10775ish maybe this is a good level to set limit. i think ill change it to 75 pips. 
 
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Posted: #546
rsi went from 17 to 82 real quick on this. i think it has to drop here. 
 
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Posted: #547
Even if it doest Pap we'll watch and wait to see where next resis is and shrt it again there...everybody says you cant make $$$w/o stops.....i think theres a few thousand trades/posts from Wall and myself that say otherwise...
 
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Posted: #548
I closed with +40...got somewhere to go lol

Talk to U later gents.
 
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Posted: #549
Nice trades fellas.......not getting in anything else right now...CHF looking good though
 
 
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Posted: #550
IPap i will be taking my profit from CHF soon hoping to get closer to 40pips off this one first....FOMC tomorrow i dont want to be in this on the wrong side if they change the language...it had another daily close over what was RESIS so im looking for this pair to keep moving higher...
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