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Realities of Forex Investment
hisah
#2551 Posted : Monday, April 14, 2014 10:48:35 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Long term plays for the year - GBP and JPY. Waiting for futures weeklies confirmation to ride the momentum. JPY is turning bullish. GBP vs USD is sitting on multi-yr resistance - breakout means GBP bullish continuation, otherwise selling ensues.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Ceinz
#2552 Posted : Monday, April 14, 2014 12:10:35 PM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
hisah wrote:
Ceinz wrote:
hisah wrote:
hisah wrote:
mnandii wrote:
hisah wrote:
@mnandii - GBPUSD and EURUSD are playing to the script. I expect FOMC minutes in the next 4hrs to trigger selling. Will trade it in asia session.

Nice.
My EURUSD SELL limit has been hit at 1.3815. FOMC should prove us right and prices should accelerate south. TP at 1.3660. Waiting with baited breath.

GBPUSD working out well from 1.6805. Closed half of the position @1.6775 for some 30pips.

EURUSD not yet triggered. Shorting zone is 1.3880 - 1.3920, that where I'm targeting the short for the weekend.

Shorts working out nicely for both GBPUSD and EURUSD. EURUSD short got triggered @1.3903. Will hold both into the weekend and review next week.

@mnandii - hope you re-entered the EURUSD short.


Wow, been long since I last posted, anyway still in the game.

I admire that ur entry on eu, Im hunting for a short 3880, sl 3920.

Happy trading y'all.

Welcome back @ceinz. For a moment I thought you had been swallowed by a margin call smile


smile Well, I did take break the last quota of the year, but I've been active in the other periods, just preferred to be quiet.
“small step for man”
Ceinz
#2553 Posted : Monday, April 14, 2014 12:12:10 PM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility

smile Well, I did take break the last quota of last year, but I've been active in the other periods, just preferred to be quiet.[/quote]
“small step for man”
mnandii
#2554 Posted : Monday, April 14, 2014 1:28:20 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304


Should be a leading diagonal in the making.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#2555 Posted : Monday, April 14, 2014 1:46:25 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
Ceinz wrote:

smile Well, I did take break the last quota of last year, but I've been active in the other periods, just preferred to be quiet.


smile
Welcome back from me too.
I also took some time off to study Elliott Waves. Now is the time to put theory to practice.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#2556 Posted : Monday, April 14, 2014 1:58:03 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
Ceinz wrote:
hisah wrote:
hisah wrote:
[quote=mnandii][quote=hisah]@mnandii - GBPUSD and EURUSD are playing to the script. I expect FOMC minutes in the next 4hrs to trigger selling. Will trade it in asia session.
GBPUSD working out well from 1.6805. Closed half of the position @1.6775 for some 30pips.

EURUSD not yet triggered. Shorting zone is 1.3880 - 1.3920, that where I'm targeting the short for the weekend.

Shorts working out nicely for both GBPUSD and EURUSD. EURUSD short got triggered @1.3903. Will hold both into the weekend and review next week.

@mnandii - hope you re-entered the EURUSD short.


Wow, been long since I last posted, anyway still in the game.

I admire that ur entry on eu, Im hunting for a short 3880, sl 3920.

Happy trading y'all.

smile
Back in. I see potential for a very large move down in EURUSD.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
Ceinz
#2557 Posted : Monday, April 14, 2014 2:18:31 PM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
mnandii wrote:
Ceinz wrote:

smile Well, I did take break the last quota of last year, but I've been active in the other periods, just preferred to be quiet.


smile
Welcome back from me too.
I also took some time off to study Elliott Waves. Now is the time to put theory to practice.


Thanks. Lets fight for the pips.
“small step for man”
mnandii
#2558 Posted : Monday, April 14, 2014 5:57:52 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304

Our leading diagonal. The correction should take us back to 1.3884 level to 'kiss' the gap.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
hisah
#2559 Posted : Tuesday, April 15, 2014 7:31:38 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Shorts for the year USDCNH and copper. Bears firmly in control... Bounces to be used as selling opportunities.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
mnandii
#2560 Posted : Tuesday, April 15, 2014 12:18:57 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
mnandii wrote:

Our leading diagonal. The correction should take us back to 1.3884 level to 'kiss' the gap.

Ok. Price should start rising about now (12.20pm).
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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