Posted:
#1
Wall i know youre still around in forex trading still?
Forex guys still here?
Posted:
#2
Hey....
You tell me the answer to that question.
If you like shoot me a PM if that is easier.
The markets are in limbo lately, with the US/Yen being almost pegged here the action on most pairs is limited.
I wish I had shorted the AU as I said a long time ago it was going back to .70, what a missed opp...
Posted:
#3
Are you in a trade now?
I recently closed EU/Jpy off a cross for 70 pips..looking at my daily im thinking it could push higher into the upper 136s but falling back to my buy in price is prob more likely had I continued to hold 
.
Will post if I jump in anything else this week I will have chart time the next few days
Posted:
#4
Well the Euro broke down today..
I see it going to par or lower eventually, the ECB knows they are in a pickle.
Also think the USD/Yen is a snoozer, they have it trapped until some big event and I think that event breaks UP not down...so if anything long that pair is the trade, also long the US/EU vs short.
Posted:
#8
Quote Originally Posted by wallstreetcappers:
buck,
buck,
As we both know that pair is pure risk on vs risk off..that pretty much it.
Risk on equals long, risk off means short.
Outside crazy Euro moves, I am sure you can overlay the SPX and that pair and the moves are the same.
Hey Wall,
Hows your portfolio looking these days ? Any longs or shorts you like ?
Posted:
#9
Quote Originally Posted by lifemisspent:
Hey Wall,
Hows your portfolio looking these days ? Any longs or shorts you like ?
Sheesh I feel like my AU call from years ago back when SecondAgain was still here, the AUD was over 100 and I said it will go back to 70 and it was my big time call....well that took a while but it happened.
Same with my stupid short call might drag on another year or two but NO WAY am I long this market..its more phony than 2007-2008.
How can anyone be long knowing the only thing holding this up is central bankers...no economic data on the planet supports current stock values outside of a few EM areas...
To me the US market is 50-70% overvalued, China is the same, the Nikkei the same...
I cant buy stocks here, I cant buy bonds here, I dont buy because the FED is forcing me to get a yield, I will sit on things rather than follow the sheep.
You???
Your RE market is a super duper duper duper bubble up there.
Posted:
#10
Quote Originally Posted by wallstreetcappers:
Sheesh I feel like my AU call from years ago back when SecondAgain was still here, the AUD was over 100 and I said it will go back to 70 and it was my big time call....well that took a while but it happened.
Same with my stupid short call might drag on another year or two but NO WAY am I long this market..its more phony than 2007-2008.
How can anyone be long knowing the only thing holding this up is central bankers...no economic data on the planet supports current stock values outside of a few EM areas...
To me the US market is 50-70% overvalued, China is the same, the Nikkei the same...
I cant buy stocks here, I cant buy bonds here, I dont buy because the FED is forcing me to get a yield, I will sit on things rather than follow the sheep.
You???
Your RE market is a super duper duper duper bubble up there.
Impossible to find bargains out there..........Real Estate in the western part of the country about to get crushed.
Posted:
#17
I passed out and was down 60+ pips and wake up to this..just bailed at +151
Not bad for what was gonna be a small scalp
I will check again late tonight to see whats out there if i have service.
Meteor shower tonight and NASA is predicting fireballs,i usually take the kids,wife or my brother out by our moms place and pull the SUV out in the middle of a dark field
Not bad for what was gonna be a small scalp
I will check again late tonight to see whats out there if i have service.
Meteor shower tonight and NASA is predicting fireballs,i usually take the kids,wife or my brother out by our moms place and pull the SUV out in the middle of a dark field
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