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11/18.....Lawyers,Guns and Money

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Captain
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Posted: #1
Heard that song today thought it would be a good thread title.....
 
Missed the big push down early am in EUR/GBP managed to get my average down into the teens and got out for $800 that makes it +$1900 so far this week...
 
I like a sell of USD/CHF here 4hr DMI ADX cross coming with the RSI about 76......2hr cross in the distanc...im in at 1.2029
no limit gonna sit and watch for now
 
Captain
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Posted: #2
Cross showing on EUR/CHF 4hr also but the RSI is lower on that chrt...maybe it rejects the cross and bounces????????
 
Where is everybody 2day
 
 
Covers Linesmen
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Posted: #3
The markets tanking early afternoon drug a ton of currencies with it. Then as the markets moved higher so did the currencies.

That was a monster tidal wave of selling earlier, a knife straight down for most Euro and USD currency pairs.

Thats a risky sell vs the CHF, it has been hammering its head on long long term highs.

Had a sell on my Euro/Yen contracts and it sniffed there, and they tanked the contract 60 pips in 10 minutes or so.
 
Captain
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Posted: #4
i dont need it to tank just want to see $500 or so....the cross is on the 4hr so it may take some time but i can wait....we got sdome BBall 2night GO  CAVS
 
Veteran
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Posted: #5
just looked through the 4hrs and i like that USd/CHF best for your system...
 
got in some at 1.2020 set a limit 30 pips, gonna have to check out for a couple hours soon for my bball game
 
 
 
Captain
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Posted: #6
 
Captain
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Posted: #7
not much action here 2night been up as many as 10 pips and down about the same....chart looks good still and the lines are just touching with this 4hr closing at 11pm....EUR/CHF dropped into the lower 60s was in the 90s when i pointed out its cross
 
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Posted: #8
how we looking guys?
 
Veteran
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Posted: #9
buck, looks like we had a good cross on the usd/chf 4hr... think it will come back down in cpl hours?  good time to average?  showing about -30 pips for me right now
 
Covers Linesmen
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Posted: #10
Its snooze-ville, nothing going on at all.


 
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Posted: #11
yikes!  tell me about it... first forex thread in a while without 50+ posts!  must have been a slow night thus far.
 
well... im down 35 pips on the usd/chf trade so far.  im gonna average it right now, lower my limit to 10 pips and see what she looks like in the AM!
 
Captain
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Posted: #12
sorry fellas passed out watching the Cavs
 
Just got my average up to 1.20563....set a limit for 20 going back to bed
 
All-Star
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Posted: #13
I love that song, 
 
Covers Linesmen
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Posted: #14
Got out of that 2 contract Eur.Yen last night at 122.88 for a nice 1400 buck gain, just now back into the same contract at 121.60
 
Covers Linesmen
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Posted: #15
And out for 40 pips at 122 even.


 
Covers Linesmen
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Posted: #16
Back in at 121.55


 
Covers Linesmen
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Posted: #17
And back out at 121.85 for 30 pips.


 
Covers Linesmen
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Posted: #18
Back in at 121.20
 
Covers Linesmen
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Posted: #19
Out at 121.55

Another 35 pips.

Not the greatest to keep averaging down and lower lows/lower highs but so far it has netted over 100 pips today.
 
Covers Linesmen
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Posted: #20
Back in at 121.05

Looking for 121.40  
 
Covers Linesmen
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Posted: #21
Out at 121.40

This contract is all over the place, thats almost 150 pips today.
 
Covers Linesmen
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Posted: #22
Back in 121.05

This one is making lower lows though, the chart looks brutal.

Looking for 121.40 again.
 
Covers Linesmen
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Posted: #23
And out again for another 35 pips.

Trying for a lower low buy at 120.79
 
Covers Linesmen
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Posted: #24
Back in at 120.79, the thing is convulsing with the market.

Looking for 121.20
 
 
Covers Linesmen
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Posted: #25
Added another contract at 120

Now two at an average of 120.40
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