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Forex july dollar in the dog house edition

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Posted: #26
Aussie market just opened. 

AUD/USD...

 I think they will be taking some chips off the table with todays AUD/USD run up....shorting from .8775 looks like the play until 5am -9am EST tomorrow then I would be looking for another possible uptrend.
 
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Posted: #27
Looks like a fairly decent time to enter the AUD/JPY for an uptrend with an entry of 77.60 and will bail out when price hits the MA20 and/or confirmed with a bottoming out of the indicators.
 
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Posted: #28
HOOOOOLY CRAP!

So I go check my tickerspy porfolio and I have been holding DRV (Direxion Real Estate BEAR 3X leverage) for a few weeks now with an entry price of $6.00 and change knowing the thing is gonna blow up... and what do you know it goes up a measly 381% today!!!  Don't you love it when you actually pull of something so easy.  Just seemed obvious and the price was too good to be true of all the BEAR ETF's available and the one most likely to increase.  
 
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Posted: #29
https://247wallst.com/2010/07/08/direxion-quote-issues-on-reverse-splits-fas-goog-yhoo-ery-drv-tza-typ/


Ahhhh, of course.  But can someone enlighten me as to why this HAS to happen?  It's not like the price had risen beyond a true valuation like a Baidu.   I know WALL holds some Direxion, maybe he could explain.
 
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Posted: #30
USD/CHF getting ready to bottom out with a price (1.0498) not seen since this past April 14.  Uptrend coming??? Check the daily chart.
 
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Posted: #31

No clue...but Wall closed his monster trade today as EU/AU dropped to 14430s....seems like only yesterday i was thinking of selling this at 149...nice trade Wall,you too person

 
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Posted: #32
USD/CHF weekly shows a lot of downward pressure pushing this pair lower yet, towards the November 2009 low of 1.0055
 
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Posted: #33

I dont think it will break down through 1.05 but if it does next target for any real support is prob 98s and then 95s...i still like the DJIA up tomorrow..so CHF will stay low...its so oversold  on the daily though its not even funny..monthly chart has crossed lower so maybe she does make another leg lower but if this happens the daily will be like a chart ive NEVER seen b4..go back to March 08 and Nov 07 and youll find a chart like this but the RSI doesnt hang under 30 for this long...its been 10 trading days and now sitting at 20 unless it explodes higher it will take days to get back to 30....+DI is at .08...ADX at 83.......will the +DI go to 0?Im fine letting it go here it cant go low enough to bring a margin call my way so ill let her ride in the account..

I have to say though id have no prob shorting EU,LB or AU at these levels though the LB has shed 100 pips from the high..EU daily RSI highest since December..i said this last week and we saw selloffs in all the RISK pairs...i think it happens again maybe not tonight and entering here may force one to add to a position but i have no doubt it would lead to profit

Watch messn with AU into Fridays close...China trade balance comes out on Sat...prob lead to a gap up or down come Sun night..most think it will show signs of slowing down

Bond yields moved some today another move tomorrow will clear this JPY trade for me +++ a few coins...

 
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Posted: #34

How about the consumer credit #s?

Actual was -9.1 billion...first est was for -1.9 then revised to -14.9....

Gotta love this stuff

 
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Posted: #35
short the gbp/jpy 134.50 gonna see if it can get some retracement here this morning. 
 
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Posted: #36
stopped out at break even  wtf ppi numbers came out bad and trade balance came out bad and they sold off for about 5 minutes and then ramped it back up 
 
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Posted: #37
today is gonna be a hard day to call. eur/usd is on the fence of a breakout. gbp/jpy looks like it wants to join the party also. i could see them both pull back today tho, i'd think they's need a trigger to run higher and that trigger wont come today unless they run the usm up today.  i was thinking that earnings next week would be a good trigger, alcoa is on monday 
 
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Posted: #38
the gbp/jpy looks like its ready to up any moment. its tested its highs a few times now 
 
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Posted: #39
i cant make heads or tails of this movement. theres some serious tug a war going on here 
 
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Posted: #40
if this news came out 1 week ago the gbp/jpy would be down 50 pips already. theres some market movers working here 
 
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Posted: #41
well the eur is get slapped down now i'd expect the gbp to follow it 
 
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Posted: #42
man i was gonna short the eur around 127.15 but didnt pull the trigger was hoping to get its high around 127.20 ,  coulda grabbed 50 pips on it already 
 
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Posted: #43
long eur/usd 126.7 gonna go for 30 or 50 pips 
 
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Posted: #44
short the gbp @ 134.50 i gotta win on 1 of these trades lol 
 
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Posted: #45
stopped on gbp lost 13 pips and probably gonna close out the eur if i dont see any movement 
 
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Posted: #46
closed eur long. im too tired and today's not the day to let something ride. especially on the eur/usd but the breakout would be to the upside so if i had to leave something open it would be a long. it will probably pull back tho i dont see it clearing 127.5 today 
 
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Posted: #47

EU,LB,AU

Just closed a scalp..man i shouldve shorted one of each after my post yesterday....easy money boys and girls

 
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Posted: #48
long euro 126.20 
 
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Posted: #49
short term trade. 
 
 
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Posted: #50
thinking usm will go green early and i will dump and go short some pointon euro hopefully can get a nice ride out of this. hoping to get back towards 126.90's 
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