August 2010 Forex Discussion

Yeah i shorted AUD and the trade was closed b4 i even had a chance to post id entered...got a small resis line at around 9030 so i said go for it...just wish id went for more

Getting back to my basic style with RSI and crosses...RSI hit 70 on the 4hr and had crossed lower on shrter charts..may bring a cross on the 4hr on maybe it reject and make a good buy signal,....

Gonna toss out a limit buy start on Lb.yen at that level I did last..see if we get lucky-

128.80 first buy (its 100 pips out right now)

I am pretty sickened to leave almost 400 pips out and not gone with my gut shorting it at 133.50

Well they tanked it and I snagged a lot, but the way it is trading makes me think there will be more lots to come and buydowns to come.

i got mild support just under this level here12870s....im in here 12895....limit set at 100...got buy arrows on 4hr and daily

Hope this is an easy one

Id love to chase EU/CHF here but man i dont even want to think about having another trade out...

Man the CHF is so damn strong..

Going back to PAR against the USD, maybe then the Swiss will come out and do something about it.

Going long the EU and short the CHF is a dicey trade without a doubt..the EU relatively weak across the board, the CHF strong against everything but the Yen (well it is strong but nothing like against the US or EU).

The FXDD streaming comment guru is yapping about how strong it is and how they are crushing longs against the CHF.

yeah its pretty sick...i aint going anywhere though no matter how much they try to shake it...can they take it to 98....95???I hope not

Shooting for 150 on this, limit sell at 130.30

Gotta keep rolling here..having a good week...as far as new trades go anyway...

Short AUD 9090 entry...looking for 50 here...

Nice job buck, I am flat as well.

I think this USM roll will end soon, I am going to short the Lb.Yen at 131 if it gets there.

I like that short AUD, I seem to fight that pair when I enter but I love shorting the spike.

Looks like shes outta steam now...we got data the next couple days though so anything could happen

I got off early tonight and dont go back to work for 5 days

Buckeyes play tomorrow..got plans for the weekend...

Im gonna hold AUD for now now but im watching took the limit off since im home...might get more than 50 outta this one...looking at a chart if this candle has a close in my direction it could open up 9020 next 8970s...

Of course I got short the Lb.yen on that big time pop, looking for 125 on that cover, so 129.75.

Also will open a short EU trade at 1.2925 if she gets there.

This has been a hell of a week for the USM, pretty orchestrated if you ask me.

From 9900 back to 10400...i was hoping AUD would push higher..i dont want to add here,maybe 9220s...i fine going into the weekend with this pair its closing in on 70 RSI on the daily...

I like that trade Wall...i thought a few hrs ago you were gonna get out but it turned around some..but youll get it

I missed the cover by 6 pips on the open.

So far the risk pairs seem to be doing well, with the USM being closed tomorrow I wouldnt expect anything too crazy.

yeah it should stay pretty dead tonight

Out of the short, missed 100 on the EU short by 5 pips on the entry, so flat now.

Nice trade Wall...if AUD closes the day in this area the DMI lines will just about be touching and should make for a good short,still havent added was waiting for it to test resis first

So the blabbering is that the EU banks cheated on their stress tests and they have more exposure to garbage assets, thus the drop.

Gee..cheating and lying from a bank, who would have imagined that?

I am going to try a short EU at 1.2735 here..

Lets see if my gamble works.

you shooting for 100 on that one?

I added to Au at 9250 this morning..daily RSI only at 64 but this looks like a good spot if you throw some TLs on the charts

buck,

I am in limit 100, so .35 which isnt too far away.

You are just getting zero luck on those two trades, man they never move in your favor, just dead sitting there in a trend.

You need the USM to break on the CHF and you need it on the Yen..but if the USM breaks, the Yen will keep being strong..that is a tough one until the Fed raises rates.

If the FED ever raised rates you would make a MINT on those.

Order in to SS the AU at .9350

Got the AU short, added a lot to my EU at 1.2870

A few pips turned 100 pip gain into a loss..

Yeah this is insane but i got the time to wait....its all i can do now