All Forums | Investments

Raining pips April edition

Participants:
Search model icon
Views: 10777
Posts: 612
 
Captain
Participation Meter
Joined: Oct, 2005
Posts: 8951
Posted: #51
+e
 
Rookie
Participation Meter
Joined: Feb, 2005
Posts: 859
Posted: #52
i know if i held onto those 2 pairs longer i woulda been up almost $600 now. that gbp pair i left 80 pips out there and i had 3 lots 
 
Captain
Participation Meter
Joined: Oct, 2005
Posts: 8951
Posted: #53

I feel ya bro...i held those too long to just bail b4 i saw it test those areas....not my work but the Elliott Wave guys are looking for GBP to go to support down around 1.49...that means EU/GBP will prob head north even though it may not match the pip move those pips are better profit..

See ya tomorrow bud

 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 56849
Posted: #54
Quote Originally Posted by bucknuts:

I hope Wall kept his GBP/JPY...looking at a chart this thing could wlak down to 1.40/1.3950.. b4 the weeks over


Still have it, just with a lot or more since we last spoke.

I did cover the EU short as I mentioned at 1.4011, she is still falling..but it was good for 400 pips in total.
 
Captain
Participation Meter
Joined: Oct, 2005
Posts: 8951
Posted: #55

Good to hear...i think youre in great shape Wall...i see 1.4052 at least...shrt EU/JPY again on a pop over 1.26....thought it would come back to 50 day at 1.2560s...again i jumped out to soon,couldve had another 30 pips...

Closed out my GBP shorts...i had one hell of a night and left alot of pips on the table in every trade except EU/GBP but we could see this pair still try to move up to 8880 b4 its all said and done today

 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 56849
Posted: #56
Yep..

If we get more info on Greece being trouble or Portugal being an issue, or the USM falling more than 20 pts I am sure that the short I have will pan out just fine.

I am getting closer to break even on the short, but I have 5 lots..which is too many..but compared to where it was on friday I feel pretty good at how my account stands.

So are you flat now?
 
Captain
Participation Meter
Joined: Oct, 2005
Posts: 8951
Posted: #57

No worries she'll come to you...well i been up for 20 hrs im going to bed........see ya around NY close.

 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 56849
Posted: #58
Quote Originally Posted by bucknuts:

No worries she'll come to you...well i been up for 20 hrs im going to bed........see ya around NY close.



Well you are on a PIPS rush, I can understand being up so long..lol


 
Captain
Participation Meter
Joined: Oct, 2005
Posts: 8951
Posted: #59
Posted: 4/6/2010 8:31:00 PM

got order in to SHRT AU at 9340.....will add more at 9450 and if it keeps going ill wait for 98 to risk everything i got

At work so ill check in later

 

i put that in the wrong thread earlier...no trades tonight fellas?

 
Captain
Participation Meter
Joined: Oct, 2005
Posts: 8951
Posted: #60
$/JPY around the 50 day MA on the 4hr...a good buy here...maybe wait for it to drop back into the low 60s again...sold GBP...didnt get what i should have as it really took a steep drop...looking to enter shrt again...50 day ma for this pair 1.5140s and thats on the daily...if it breaks today we may see the EW guys wishes come true
 
Captain
Participation Meter
Joined: Oct, 2005
Posts: 8951
Posted: #61

sorry...50 ma at 5140 is on the 4hr....50 day ma on daily should hold the top at 5240...i think the 4hr and daily both look like good for a SHRT

EU/JPY now has its 100 dayma on the daily acting as resis...had i been home i wouldve been all over this pair...played it twice yesterday

 

 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 56849
Posted: #62
Eu.Yen will go as the USM goes, so I wouldnt expect a big drop unless the markets roll over and the risk trade is taken off.

It does look on a 4 hr chart like it is about ready to hop off a cliff though.


 
Rookie
Participation Meter
Joined: Feb, 2005
Posts: 859
Posted: #63
buck 

you're looking at buying usd/jpy ?? i was looking at it for a sell. It had a sell-cross about 4am. 
 
Rookie
Participation Meter
Joined: Feb, 2005
Posts: 859
Posted: #64
going for some quick pips on usd/jpy sold 2 lots her 93.778 rsi is high here hoping for 20 quick ones here
 
Captain
Participation Meter
Joined: Oct, 2005
Posts: 8951
Posted: #65

im still in it...but if i wasnt i wouldve  bought around 60...maybe lower if i was watching it...but since im in it i wasnt worried about..

Its bounced several times when it got close to the MA

 
Captain
Participation Meter
Joined: Oct, 2005
Posts: 8951
Posted: #66

almost nailed the bottom in my MT4 account

 

https://www.myfxbook.com/portfolio/bucknuts/24985

 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 56849
Posted: #67
I click on the link and it does not let me access your account.



The US.Yen long is a tough one because both are the anti-risk currency beneficiaries with the Yen being the greater of the two..so when the market goes down, the Yen and the USD go up against other pairs but against each other the US is a net loser even though it is a gainer against most every other currency.

The Yen seems to be the ultimate risk-off currency.
 
Rookie
Participation Meter
Joined: Feb, 2005
Posts: 859
Posted: #68
got out of that trade. i dont wanna be trying to grab a few pips at the bottom of it, 
 
Captain
Participation Meter
Joined: Oct, 2005
Posts: 8951
Posted: #69

Go with your gut Pap...you may be right...i just been trading off MAs with my new charts

I have mixed feeling so far though a few of my trades the last couple days i found on my pro charts and they just didnt look as good on MT4s...

 
Rookie
Participation Meter
Joined: Feb, 2005
Posts: 859
Posted: #70
usd/jpy 50 ma looks like 93.50 on 4 hr. chart looks like we could get another cross soon. that pair scares me it could go either way. ill wait and see if it crosses up. 
 
Captain
Participation Meter
Joined: Oct, 2005
Posts: 8951
Posted: #71
i see 9351 and look at the low so farone brief bounce...maybe b4 it cracks?
 
Captain
Participation Meter
Joined: Oct, 2005
Posts: 8951
Posted: #72
i will be taking a shot at GBP here at 5240 if it can push its way up...not setting an order though just in case she blows by it
 
Captain
Participation Meter
Joined: Oct, 2005
Posts: 8951
Posted: #73
JPY giving in now...
 
Captain
Participation Meter
Joined: Oct, 2005
Posts: 8951
Posted: #74

damn shouldve sold EU/JPY good for a quick 30...id be jumping out a happy trader right now

Waited to get in GBP as well and it down 20+...

Im calling it a day fellas...this night shift is killing me...

Florida next month though for a much needed break

 
 
Rookie
Participation Meter
Joined: Feb, 2005
Posts: 859
Posted: #75
 i bought 2 lots on usd/jpy here @ 58 
All Forums | Investments
About Us
Contact Us
Careers
Our Team
Brand
Testimonials
Betting Guides
Sportsbook Reviews
Sports Betting News
Podcasts
Responsible Gaming
Sports Betting
US Betting Sites
Canada Betting Sites
Canada Casinos
Best Betting Apps
Contests
Streak Survivor
King of Covers
Ultimate Race
Office Pools
The Covers community has
618,670
lifetime members worldwide
Covers 25 Years Logo Established in 1995,
Covers is the world
leader in sports
betting information.
Site Map Help Privacy Terms of Service youtube logo facebook logo twitter logo instagram logo linkedin logo google news logo
Covers is verified safe by: Evalon Logo GPWA Logo GDPR Logo GeoTrust Logo Evalon Logo
Copyright © 1995 - 2025 CS Media Limited All Rights Reserved.

If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.