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Forex Feb II

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Posts: 157

wallstreetcappers

Covers Linesmen

Joined: Feb, 2003

Posts: 58464

Posted: Feb. 19, 2009 - 3:51 PM ET #151

buck,

I have to think so..it seems pretty common but I dont know how you would do it of course. Ive seen it referenced a ton on Forex sites.

bucknuts

Captain

Joined: Oct, 2005

Posts: 8951

Posted: Feb. 19, 2009 - 5:34 PM ET #152

selling two lots of EUR/JPY going for 40........1.1933

wallstreetcappers

Covers Linesmen

Joined: Feb, 2003

Posts: 58464

Posted: Feb. 19, 2009 - 5:40 PM ET #153

I like that trade myself, will also place a sell limit at 1.194

bucknuts

Captain

Joined: Oct, 2005

Posts: 8951

Posted: Feb. 19, 2009 - 7:27 PM ET #154

did you get in Wall?

wallstreetcappers

Covers Linesmen

Joined: Feb, 2003

Posts: 58464

Posted: Feb. 19, 2009 - 7:49 PM ET #155

buck,

Yeah..I got in at 119.40 and just got out at 118.90

50 pips..they were toying with that .90 for a long long time.

Good call, that was a nice trade, 50 pips.

bucknuts

Captain

Joined: Oct, 2005

Posts: 8951

Posted: Feb. 19, 2009 - 7:54 PM ET #156

I only got 40 though.......i dont see much i like....cross in CAD/JPY but the +DMI is at 27....i will watch it drop from the sidelines.....

Ill check the charts b4 bed GL everybody

wallstreetcappers

Covers Linesmen

Joined: Feb, 2003

Posts: 58464

Posted: Feb. 19, 2009 - 8:03 PM ET #157

I am in the same boat..nothing that looks awesome, but downside seems to be the theme tonite from looking at the pairs.

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