Forex Jan-March 2012 thread

order in at 1.2875 to SS the EU..

I've yet to see a setup I like this week...anybody trading?

Nice Wall..I didn't see we were on page 2..ignore last post lol

Looks good so far. I almost pulled the trigger on a sell at 1.2872, didn't, and 10 minutes later it's at 1.2863....

Looking for 100 here fellas, it might take a while but that is ok.

I jumped in this with ya Wall..I thought I hit submit on a post earlier...guess not?

I will add at 1.30 if it gets there.

Something to keep in mind..they are starting to chirp about QE 100 in the markets..which would mean the USD would take a hit even though relative to the Euro we are in better shape.

Yeah its a big mess..no worries though we can tough out anything they throw at us

Looks like all is well in Euro land, thus the 400 pip move off the lows last week or so.

I know if we all knew this, we'd be , but how low are you thinking it's going in the next week or so?

Yeah I almost jumped out with the gap down on open...didn't they all just get a down grade on credit ratings within the last month??Lol bring it we know u got no stayn power

You about even here at 1.2950 Wall?

At 1.295 I am up 50 and down 75, so I got a bit to go..but of course I know it has further to drop.

Quite the pop..looking to add another at 1.315

Eur/Chf,  in that intervention area.  They are going to guard that 1.2000 PEG with their lives, (and rightfully so), otherwise they will essentially be the New Japan.

Did you mean to say stop 1.2050?

Pulled it. Riding the screen.

Finally out +11 pips. Definitely not holding over the weekend. Probably one of the longest crappiest trades I have had in a while.
Big week coming up for the AUD rate decision on Monday. And china data on Wed. Still looking for intervention with CHF and JPY, but think that AUD will dominate beginning of week (volatility wise). Along with EUR.

Got in a few hours ago. Short aud/usd Starting to creep down @ about a .0025 ATR on the hour somewhere north of .0110 on the day. Macd SMA cross on hr chart ( I entered a bit before @ 1.0758) have a short term trailing stop that just passed the break even point at 35. Still looking for a hundred pips or so before news Mon night. Hopefully anticipation of rate cuts and these longs exiting will get my target. Not going to get greedy on this one planning on exit before NY close. Maybe even London.

Looking at some significant resistance @ 1.068ish region.  

Not sure whats going on but im having trouble posting from my cell..havent been carrying laptop around if im in a trade just set it and forget it..

This was another good start to the week if youre a gap trader...hoping for some real movement so i can dump EU and move on