all the little ants are MARCHing....forex

Time for a new thread boys....

Im just glad i didnt tail on that one...

You guys check the SSI reading ever?

tomorrow will be make or break in AU......data coming out in 4 mins commidity prices....then more data at 730 pm and rate decision at 1030pm

heres a link to a calendar for data releases...i know every platform has one i just like this one...

 

https://www.forexfactory.com/calendar.php?s=95a8e6e657998646c2d9ece0b2f65daf

buck,

The AU is holding in fine, the weak pairs are the LB and the EU..

I got out of my EU.Yen trade last night before the monster drop, but still getting smacked around on the LB.Yen..

Lb.US hit under 1.48 just two hours ago..any specific news to explain a 300 pip drop in 2 hrs?

I guess/know it is the Greece bailout..

So did you guys see the phony SPX drop at the 2:50-3:10 area like always?

So predictable..

I didnt...just walked in the door here so i havent seen anything today...

Should be some action 2night...rate decision and they are looking for them to bump em up by .25% [i think thats what i read]...and data release as well for AU.......get your running shoes on boys

I wonder how much is priced into the AU now?

not sure...seen some guys on another site talking about netdania.com

I cant get on the site cause it want me to download some java app or something im keeping my laptop clean of any programs i dont really need....Wall or somebody can you check it out and tell me if there is anything worth checking out

It looks like some service site, they offer hosting and charting and some platform Ive never seen before.

No forum, but what exactly were you looking for?

i just saw them talking it up as a useful tool...not really looking for anything just wondering if there was something there to help us out...

1hr until the rate decision

I meant if I was needing to look at something specifically..

The application reminds me of the MTA platform.

The java news app looks interesting, there are some chart functions and stuff, but the NetStation does not look new but the java news I would need to watch and compare to others I have and see if it is faster or better..

50 pip spread in AU/NZD as the news comes in

Yeah that AUD went up 50 down 50 and right back where it was.

i tried to jump short but got the rate change box.....im waiting for a push back closer to 90.....shes crossing on the 4hr

It crossed the MA on the 1 hr chart, on the 4 hr chart it looks like the +DI went through the ADX earlier today..

Im looking at the +DI at 18.6 and -DI 19.0........

So you are looking at where the +DI crosses through the -DI from above?

Ive got the + at 17.38 and - at 16.5173 and the ADX is starting to slope downwards.

Yeah...thats the sell and when it crosses up with good RSI its a BUY........GDP tomorrow so i might be jumping out with a loss if it doesnt go my way but with all the news out the last few weeks i think this is going to turn SOUTH....

Im in at 89817....coulda had 86 but i was messn with charts...

FXinsider went short today in EU/$....he did his usual one lot then added two more when it turned and went up so hes shrt with 3 lots around 1.3540....

 

Yeah the ole Soros trade..which is probably a good trade.

Any leak about more Greece pain or Portugal, Italy etc and the EU will keep spinning down..

That is interesting about the sell signal, for some wacky reason I thought it was when the +DI went down through the ADX, like how it is on the buy side going UP through the ADX.

The -DI is just a mirror image of the +DI, there has to be a better indicator than those two crossing..like the +DI peaking and the -DI troughing and some moving average confirmation, like say a break through the 50 on a 4 hr chart with a cresting RSI and a +DI turning over..

I dunno..lol

Youre right Wall....+DI DOWN through ADX is also a sell,but when the DIs cross those are signals for me as well...

When i first started trading i tried using different indicators and i just found the crosses of the DIs to be easy to trade...pretty str8 forward +DI up =BUY and vice versa...

It may not be dead on as far as entry as the pairs sometimes try to reject the cross and spike higher/lower...these trades are usually against the trend so any other trader would prob say im getting in on the wrong side to begin with let alone the signal im using for getting into the trade but i think ive had pretty good results thus far

Did you guys ever look at that GBP/JPY trade i was talking about last week?

That Brad guy was up over 700 pips and he got in on 2/24 or so.....and i think im going good getting these 20-50-70 pip trades

Yeah I think sometimes you need to get a bigger trade rather than settling for small singles like that.

The AU popped this morning which of course means the USM will be up to open as usual.