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    All Forums | Investments

    Forex Jan-March 2012 thread

    1234 Next Last»
    wallstreetcappers
    rick3117
    misfits
    bucknuts
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    Views: 6303
    Posts: 78
    1234 Next Last»
     
    wallstreetcappers
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    Posted: Jan. 4, 2012 - 10:27 AM ET #1

    buck,

    Might as well make a new thread and see if we can get some action going. I was hoping for a few more days of USD weakness so I could pounce on the EU or the AU short, but they didnt even push it down more than a day.


    Reply
    To remove first post, remove entire topic.
    buck,

    Might as well make a new thread and see if we can get some action going. I was hoping for a few more days of USD weakness so I could pounce on the EU or the AU short, but they didnt even push it down more than a day.


     
    rick3117
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    Posted: Jan. 4, 2012 - 5:05 PM ET #2

    pretty flat this afternoon.  
    How did you guys end up last year?  

    Reply
    pretty flat this afternoon.  
    How did you guys end up last year?  

     
    wallstreetcappers
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    Posted: Jan. 5, 2012 - 1:28 PM ET #3

    I should have held that EU short and not been looking for an exit so quick, now down to 1.28 and below, I was short over 1.40 last year.

    rick, I held in there but waiting out the AU and EU took a LONG time..way long and I need to get back into the swing again. After sitting and waiting I stopped actively hunting and need to return to that frame of mind now.
    Reply
    I should have held that EU short and not been looking for an exit so quick, now down to 1.28 and below, I was short over 1.40 last year.

    rick, I held in there but waiting out the AU and EU took a LONG time..way long and I need to get back into the swing again. After sitting and waiting I stopped actively hunting and need to return to that frame of mind now.
     
    misfits
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    Posted: Jan. 5, 2012 - 1:55 PM ET #4

    still pluggin away but im a day trader. i just look for 50-100 pips a day with a standard or two.
    Reply
    still pluggin away but im a day trader. i just look for 50-100 pips a day with a standard or two.
     
    bucknuts
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    Posted: Jan. 8, 2012 - 11:43 PM ET #5

    Rick i too was in a holding pattern and exited early...if you can say that after the time held lol

    I got my laptop back had to get a new MT4 setup the old one would connect to server for some reason...still searching for all my indicators

    I like a long Eu position here..actually jumped in earlier but didnt have time to post right then looking for 1.2740...limit set ill check in shortly

    Gl

     

    Reply

    Rick i too was in a holding pattern and exited early...if you can say that after the time held lol

    I got my laptop back had to get a new MT4 setup the old one would connect to server for some reason...still searching for all my indicators

    I like a long Eu position here..actually jumped in earlier but didnt have time to post right then looking for 1.2740...limit set ill check in shortly

    Gl

     

     
    wallstreetcappers
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    Posted: Jan. 9, 2012 - 1:31 PM ET #6

    You got the long sell right buck?

    I'm going to try a SS at 1.2750, the issues arent going away and the debt spreads on Euro countries are widening..I think she goes down more.
    Reply
    You got the long sell right buck?

    I'm going to try a SS at 1.2750, the issues arent going away and the debt spreads on Euro countries are widening..I think she goes down more.
     
    bucknuts
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    Posted: Jan. 9, 2012 - 4:51 PM ET #7

    Yeah she could very well drop more...I just liked the setup on 4hr and daily chart..ill b back home shortly will take a look at the charts and see if I like anything
    Reply
    Yeah she could very well drop more...I just liked the setup on 4hr and daily chart..ill b back home shortly will take a look at the charts and see if I like anything
     
    rick3117
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    Posted: Jan. 9, 2012 - 11:00 PM ET #8

    Just got in Aud/USD1.0294 
    Looks like those China Reports were favorable. 
    Reply
    Just got in Aud/USD1.0294 
    Looks like those China Reports were favorable. 
     
    rick3117
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    Posted: Jan. 10, 2012 - 1:00 PM ET #9

    28 pipper.
    Might get back in if the 1.0314 area proves to be a new support.  



    Reply
    28 pipper.
    Might get back in if the 1.0314 area proves to be a new support.  



     
    wallstreetcappers
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    Posted: Jan. 10, 2012 - 1:14 PM ET #10

    rick,

    I am not buying this ramp job..China trying at all costs to prop their markets while the real indicators are red flagging a slow down.

    Alcoa had a mediocre quarter off dramatically low expectations, I see no reason for the bump in commodities.

    This market move is so phony..but on light volume they can keep ignoring everything else and prop her up for a while I suppose.
    Reply
    rick,

    I am not buying this ramp job..China trying at all costs to prop their markets while the real indicators are red flagging a slow down.

    Alcoa had a mediocre quarter off dramatically low expectations, I see no reason for the bump in commodities.

    This market move is so phony..but on light volume they can keep ignoring everything else and prop her up for a while I suppose.
     
    rick3117
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    Posted: Jan. 10, 2012 - 1:38 PM ET #11

    China is a tricky business. 

    I think that most are skeptical, and the numbers alone did not indicate growth to me.  Definitely not enough to carry over into the AUD, but it is moving the market .  Their import growth is at a two year low. 

    This could spur a serious dip in our own economy.  




    Reply
    China is a tricky business. 

    I think that most are skeptical, and the numbers alone did not indicate growth to me.  Definitely not enough to carry over into the AUD, but it is moving the market .  Their import growth is at a two year low. 

    This could spur a serious dip in our own economy.  




     
    rick3117
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    Posted: Jan. 10, 2012 - 3:14 PM ET #12

    If this hour closes above 1.0314 then I will eye another 10 pip scalp.  


    Reply
    If this hour closes above 1.0314 then I will eye another 10 pip scalp.  


     
    rick3117
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    Posted: Jan. 10, 2012 - 3:39 PM ET #13

    Looks like a solid broken support,  
    I' going to wait for the dust to settle.  

    Done for the day. 
    Reply
    Looks like a solid broken support,  
    I' going to wait for the dust to settle.  

    Done for the day. 
     
    bucknuts
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    Posted: Jan. 10, 2012 - 11:59 PM ET #14

    Not seeing much out here..there should be a trade to b had tomorrow afternoon/evening
    Reply
    Not seeing much out here..there should be a trade to b had tomorrow afternoon/evening
     
    wallstreetcappers
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    Posted: Jan. 11, 2012 - 12:04 AM ET #15

    Well the wager is on what the USM and Europe does, go with what you think happens there and your Forex trade will follow.

    I am seeking 100 pips on this EU short..
    Reply
    Well the wager is on what the USM and Europe does, go with what you think happens there and your Forex trade will follow.

    I am seeking 100 pips on this EU short..
     
    misfits
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    Posted: Jan. 11, 2012 - 10:58 PM ET #16

    i dont know what kind of systems you guys use, but this one has been good for me. not trying to sell you on it but if you have an hour tomorrow night listen to his sales webinar. he lets out alot of his system in it. the guys name is steve mauro, his site is here MMfx Home i think you can watch an older version of the webinar right there

    heres a link to sign up for the webinar for tomorrow evening, he fields questions and gives you an idea of the market behavior for the next couple days  https://www2.gotomeeting.com/register/880000450
    Reply
    i dont know what kind of systems you guys use, but this one has been good for me. not trying to sell you on it but if you have an hour tomorrow night listen to his sales webinar. he lets out alot of his system in it. the guys name is steve mauro, his site is here MMfx Home i think you can watch an older version of the webinar right there

    heres a link to sign up for the webinar for tomorrow evening, he fields questions and gives you an idea of the market behavior for the next couple days  https://www2.gotomeeting.com/register/880000450
     
    bucknuts
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    Posted: Jan. 11, 2012 - 11:31 PM ET #17

    Reply
     
    bucknuts
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    Posted: Jan. 12, 2012 - 12:28 AM ET #18

    i changed my avatar using my phone and now i keep getting error message and cant post from it???i made sure i was on m.covers.com sent an email hoping to get some help on this...that cheers post was sent from my mobile but it doesnt say it was???

    I jumped in a shrt of EU/LB just over 83....limit set for 82.70

    Misfits do a search for Andrew Spanton he has a daily webcast and allows people to trade in a room with him on Fridays...but he goes overs the days events and if nothing else it fun to listen to him rant on things

     

    Reply

    i changed my avatar using my phone and now i keep getting error message and cant post from it???i made sure i was on m.covers.com sent an email hoping to get some help on this...that cheers post was sent from my mobile but it doesnt say it was???

    I jumped in a shrt of EU/LB just over 83....limit set for 82.70

    Misfits do a search for Andrew Spanton he has a daily webcast and allows people to trade in a room with him on Fridays...but he goes overs the days events and if nothing else it fun to listen to him rant on things

     

     
    bucknuts
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    Posted: Jan. 12, 2012 - 11:16 AM ET #19

    Guess i shoulda waited for that short but this move is making it look that much better on the 4hr and daily...i might add a lot here is she keeps running but im not worried about it just yet..

    GL fellas

    Reply

    Guess i shoulda waited for that short but this move is making it look that much better on the 4hr and daily...i might add a lot here is she keeps running but im not worried about it just yet..

    GL fellas

     
    wallstreetcappers
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    Posted: Jan. 12, 2012 - 11:27 AM ET #20

    buck,

    I see your other photo when I use my phone to login, but not when I am logged in from the computer.

    That other avatar is disturbing..

    Reply
    buck,

    I see your other photo when I use my phone to login, but not when I am logged in from the computer.

    That other avatar is disturbing..

     
    wallstreetcappers
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    Posted: Jan. 12, 2012 - 2:03 PM ET #21

    Will add at 1.2875 if it gets there today or tonight.
    Reply
    Will add at 1.2875 if it gets there today or tonight.
     
    misfits
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    Posted: Jan. 12, 2012 - 4:16 PM ET #22

    man tons of great setups last night. was like a kid in a candy store. snagged 150 off EURUSD, 75 off AUDUSD, 85 off USDCHF and 80 off GBPUSD
    Reply
    man tons of great setups last night. was like a kid in a candy store. snagged 150 off EURUSD, 75 off AUDUSD, 85 off USDCHF and 80 off GBPUSD
     
    wallstreetcappers
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    Posted: Jan. 13, 2012 - 10:04 AM ET #23

    Taking 1.2675 to close both shorts.

    Makes 75 on one and 200 on the other.

    Reply
    Taking 1.2675 to close both shorts.

    Makes 75 on one and 200 on the other.

     
    bucknuts
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    Posted: Jan. 13, 2012 - 4:42 PM ET #24

    It is nice going into weekend with no trades...two good trades on the week and no stress

    See ya on Sunday

    Reply

    It is nice going into weekend with no trades...two good trades on the week and no stress

    See ya on Sunday

     
     
    wallstreetcappers
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    Posted: Jan. 13, 2012 - 9:28 PM ET #25

    I agree buck..nice to be loose and able to trade again.


    Reply
    I agree buck..nice to be loose and able to trade again.


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