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Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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mchambuzi wrote:Sitting on oil shorts, hoping there will be no major disruptions, oil supply looks bullish. Eurusd panned out well post ECB conference  ... soo true. Bears still ruling on the EUR/USD pair. Tomorrow looks big on fundies aka funnies what with nonfarm payrolls,Dec unemployment for both US and CA. RSIs,hammers and the like wont matter much! @SufficientlyP
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Rank: New-farer Joined: 11/17/2013 Posts: 80 Location: Juja
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Sufficiently Philanga....thropic wrote:mchambuzi wrote:Sitting on oil shorts, hoping there will be no major disruptions, oil supply looks bullish. Eurusd panned out well post ECB conference ... soo true. Bears still ruling on the EUR/USD pair. Tomorrow looks big on fundies aka funnies what with nonfarm payrolls,Dec unemployment for both US and CA. RSIs,hammers and the like wont matter much! Very true ... But I think market is anticipating a good figure considering the last 3 figures. Hopefully will provide a cheap buy entry on gold. Oil is gone, break of 91.74 and its a cliff from there. Technically oil had a break retest set-up on the Daily TL, beautiful on the charts. Will tighten stops ahead of the release just in case. On a long enough timeline, the life expectancy of everyone drops to zero.
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Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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mchambuzi wrote:Sufficiently Philanga....thropic wrote:mchambuzi wrote:Sitting on oil shorts, hoping there will be no major disruptions, oil supply looks bullish. Eurusd panned out well post ECB conference ... soo true. Bears still ruling on the EUR/USD pair. Tomorrow looks big on fundies aka funnies what with nonfarm payrolls,Dec unemployment for both US and CA. RSIs,hammers and the like wont matter much! Very true ... But I think market is anticipating a good figure considering the last 3 figures. Hopefully will provide a cheap buy entry on gold. Oil is gone, break of 91.74 and its a cliff from there. Technically oil had a break retest set-up on the Daily TL, beautiful on the charts. Will tighten stops ahead of the release just in case. Bearish on Euro, Gold and oil in the short run. I plan to short the EUR/USD pair tomorrow during the European session and close positions an hour or so to the release. Will trade the NFPs as well! @SufficientlyP
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Rank: New-farer Joined: 11/17/2013 Posts: 80 Location: Juja
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There will re balancing buying at the comex close next 3 days. Trying to avoid getting into bearish positions atm. I will watch pre and post NFP for buying opportunity On a long enough timeline, the life expectancy of everyone drops to zero.
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Rank: New-farer Joined: 11/17/2013 Posts: 80 Location: Juja
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Sufficiently Philanga....thropic wrote:mchambuzi wrote:Sufficiently Philanga....thropic wrote:mchambuzi wrote:Sitting on oil shorts, hoping there will be no major disruptions, oil supply looks bullish. Eurusd panned out well post ECB conference ... soo true. Bears still ruling on the EUR/USD pair. Tomorrow looks big on fundies aka funnies what with nonfarm payrolls,Dec unemployment for both US and CA. RSIs,hammers and the like wont matter much! Very true ... But I think market is anticipating a good figure considering the last 3 figures. Hopefully will provide a cheap buy entry on gold. Oil is gone, break of 91.74 and its a cliff from there. Technically oil had a break retest set-up on the Daily TL, beautiful on the charts. Will tighten stops ahead of the release just in case. Bearish on Euro, Gold and oil in the short run. I plan to short the EUR/USD pair tomorrow during the European session and close positions an hour or so to the release. Will trade the NFPs as well! Have already exited my oil intra-day position. Seems support at 91.30 is pretty solid. On a long enough timeline, the life expectancy of everyone drops to zero.
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Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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Great idea right there @mchambuzi. @SufficientlyP
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Rank: New-farer Joined: 11/17/2013 Posts: 80 Location: Juja
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Going into NFP with minimal exposure, the only trade that I have left slightly exposed in my NZDUSD short. Will wait and see how it pans out post or pre-NFP and I hope I can get a better bargain on gold. Looking to buy into a nice dip or breakout to the upside. On a long enough timeline, the life expectancy of everyone drops to zero.
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Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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Got into a short intra day position on EUR/USD at 1.3615 0700GMT TP level pre NFP release 1.3585. SL 3630 Cant wait for closure before the whole NFP madness begins ,oh yes,and the Eurozone GDP percentage in 2hours time.Will adjust the TP level if need be and make use of the trailing loss so as not to be caught up! @SufficientlyP
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Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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Sufficiently Philanga....thropic wrote:Got into a short intra day position on EUR/USD at 1.3615 0700GMT TP level pre NFP release 1.3585. SL 3630 Cant wait for closure before the whole NFP madness begins ,oh yes,and the Eurozone GDP percentage in 2hours time.Will adjust the TP level if need be and make use of the trailing loss so as not to be caught up! Closed position at 1.3605 locking in 10pips. Might as well start my weekend @SufficientlyP
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Rank: New-farer Joined: 11/17/2013 Posts: 80 Location: Juja
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Have closed half of my position in nzdusd with 55pips. Had sold heavy. Have moved my stop to Break even ahead of the NFP, let it roll on ... AUDNZD looks pretty bullish as well On a long enough timeline, the life expectancy of everyone drops to zero.
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