Posted:
#76
I'm waiting for a shoe to drop like Spain or Greece again..
1.25 is what I am looking for..and I can wait it out.
April forex is for fools addition
Posted:
#77
It looks like the pairs are setting up for a trade late week..Eu about to cross to the up side on daily...Chf crossing lower
All the charts times are conflicting tthough EU 4 hr looks tired fighting with some MAs in the low 1.29s...the daily on the other hand has climbed above the SMA 25 which sits at 1.2881 and looks poised for a Dmi cross up...if this cross is rejected we will get ur price Wall for sure,i can see it falling to 1.2430s..either way there will be a trade to the flip side after
Posted:
#79
thats how it been for some time isnt it?I was stuck in CHF while Eu was running..im just looking at the chart...both have crossed but not confirmed yet
Looks like Eu headed to 1.31 and Chf down to low 92s...like i said though the pairs need to close a few more candles to get a handle on direction they could easily reverse
Posted:
#80
Im talking about Eu/US and US/CHF...looking back on the monthly ive had opposite crosses like this at least the last 4 yrs...
had buy cross for CHF 3/1/08 just as EU was topping out..Chf then went for 96 to 1.22....EU went from 1.57 to 1.22
had sell cross in CHF 1/6/10 and buy cross in EU at the same time...CHF wet from 1.17 to 70 EU went from 1.18 to 1.49
Posted:
#81
sorry bout the spelling errors its late and i had some wine with the wife watching our teams play tonight...shes a Cowboys fan
...bought the wife some of the "DREAMING TREE" crap Dave Matthews has his hand in wine business and its awful.ive had better out of a box..ill let you read over those posts and reply...see ya tomorrow
BEAR DOWN
Posted:
#90
Im just doing what the chart says...i dont think it will run that far above 1.3160s but didnt want to take the chance on missing an entry and ending up not trading this week..seems like theyve all been in the same range since my last trade..
Eu approaching 1.32 and CHF back to to 92 the same area i called out a few weeks back...
Posted:
#91
Quote Originally Posted by bucknuts:
Im just doing what the chart says...i dont think it will run that far above 1.3160s but didnt want to take the chance on missing an entry and ending up not trading this week..seems like theyve all been in the same range since my last trade..
Eu approaching 1.32 and CHF back to to 92 the same area i called out a few weeks back...
I read you wrong initially..
You meant sell the USD.CHF, which is the same as going long the EU.USD.
Since both are tied together all you need to do is overlay the charts and see they are trading in tandem..just figure out which one gives you more return and go with it versus trading both of them..you are doing the same thing going short the US.CHF and long the EU.US.
Posted:
#99
buck,
I was going to ask whats up with you today..
Given how bonds are trading for MANY of these Euro groupies I dont see how the Euro stays above 1.20 honestly.
I read that Spain might have margin calls on their banks, Portugal bonds being sold for 10 straight days, Greece teetering..how the Euro is above par is beyond me.
I was going to ask whats up with you today..
Given how bonds are trading for MANY of these Euro groupies I dont see how the Euro stays above 1.20 honestly.
I read that Spain might have margin calls on their banks, Portugal bonds being sold for 10 straight days, Greece teetering..how the Euro is above par is beyond me.
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