all the little ants are MARCHing....forex

sorry Pap wasnt checking the thread i thought everybody was asleep...yeah im seeing a cross coming on the 4hr...+DI 21.2 @ the -DI at 19.76

I jumped in cause i thought this pair will slide after rate announcement...looking for 1.5196 for a limitand support is at about 80 so ....EW guys looking for 1.48/9 by end of the week...thats a nice drop so  if this one moves my way ill let it ride

my links arent working but you can look up my account at myfxbook.com.........bucknuts of course

Wall could you delete the posts from 2:29/30/31 for me all those links are garbage

buck what do you think of the eur/chf (sell) it had a D+ cross up on 4/01, 4:00 and now the d+ has dropped thru the adx with rsi currently @ 68.4 

got back in the gbp sell @ 1.5235 also

EU/CHF prob a good sell chart looks kinda crappy but the SNB has been getting involved and the pair usually sells off all the gains after intervention within a few days so ....

EU/$ is crossing right now on the 4hr...i missed this one...easy sell here...

Just looking to go long the dollar with the pending news....i prob hit my target in GBP b4 news comes but i will be up and watching market...

Pap im calling it a night bro...ill be back in here around 9am or so

talk about EU/CHF intervention around this level...again...1.4320...might be worth a buy and just set a 50 pip limit

 

well not much price action...4hr chart yet to close above the high from a week ago...im still shrt the pair and seeing how the WAVE count fellas are looking for 5360s for a top im not worried...

Forexinsider updated his strategy of the day and hes buying $/JPY here at 3 different level but i dont think he'll be filling all hi orders...hes got buys in at 93.60,92.90 and 92.30....stops for all 3 at 91.90...........just food for thought...i think hes alittle late to the party but seeing as how this price moves with the 10yr bonds yields some are calling for 95/96 rather soon...

I think that stop is too tight, if the USM ever drops for more than one session I expect the Yen to start acting better..but Ive been saying this for months, so who the crap knows?

How do you like that site you signed up for, was the info helpful?

Yeah its pretty cool...will be better when theres more stats and stuff to sort through...like sharkscope for forex...cant wait to get my real account on this thing...having trouble with the magic #s..had to add a zip file into expert download file blah blah blah...all i can do on this machine is poker and forex....and some porn of coursehey im a construction worker

I like $/JPY still....reading some of the forexinsider quotes he mentioned an inverted H@S on the 10yr...would take the rate to 7% and would carry JPY to 1.40 if the commonsurate relationhip between the two held.....this is in the long term...24 months

Ive read that the level most expect to see is 1.06...

1.40 WOW

everybody looking for a rate hike from the RBA if it doesnt come AU will slide back to the 90/89.5 support...if it comes buy for some easy pips....that decision at 12:30 tonight

Thinking about an EU/JPY shrt here...i think it moves down to the 100 dayMA...1.2660/70s.....

Anybody care to look at the chart real quick

buck,

I just saw mention of Greece wanting to amend terms of their deal, it seems to have caused the EU to get hit, dropped 30 pips vs the US in the last 20 minutes or so.

The EU.Yen looks like a rolling top to me..but unless it breaks 126.50 or so it still looks like an uptrend is in place.

Support all over the place on a 4 hr chart..what are your thoughts?

i aint looking for that much...1.2686...already 30 pips

Just read another piece that said Pimco reduced growth numbers for the US so the risk pairs sold off.

EU/JPY DIs crossing on the daily...it could drop 200 pips and not break the uptrend 50 day also down there...

Been a few since i  had one go my way right from the start...im out closed it too early but...im not greedy

Interesting seeing this prolonged drop..I am a bit shocked.

What this shows us is when risk is off the currencies that get hit hardest are-

LB
EU
AU
US

Notice that the US is in that grouping and ultimately the greatest beneficiary is the Yen..it seems when safe is on and risk is off that they flock to the Yen..

Pull a line on the daily Wall it can go to 1.2550 and not break the up trend line...it better fight to close above the 100day or its look out below i think...50 day is way down there on the daily 1.2343...

Im going to take my profits and open a MT4 account and try it out...i like it so far charts are nice...saw some guys talking about a study on chart background....those with white seem to earn more money...i gotta say though i like the chart black[dont tell Scally]with the bright indicators...got the DI bight blue and yellow

Pap did you avg in your trade or did you ditch it?

buck,

The charts are why I use MT4, order entry etc does not worry me that much but the charts are superior to non MT4 for sure.

I have a cover order in on the EU.US short at 1.3411

It would make a pretty big return, I have too many lots on this short.

Nice Wall....im gonna send you a PM

No prob..always open to PMs