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    All Forums | Investments

    Forex Nov-Dec 2010

    12 Next Last»
    wallstreetcappers
    bucknuts
    PhuQuangLe111
    chicagobets
    platypus
    ...
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    12 Next Last»
     
    wallstreetcappers
    wallstreetcappers
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    Posted: Nov. 16, 2010 - 7:22 PM ET #1

    Amazingly for the first time in like a year risk has been off for more than 30 minutes.

    We are getting close to a risk break down, but I dont consider this current move (outside the EU) to mean much, the CHF is still way over bought, the AUD is severely overbought, the Yen is very overbought..

    I dont expect the market to keep going down, but maybe we get another top test and then a real move lower.

    My EU is starting to look good, the AUD is a bit further off still.
    Reply
    To remove first post, remove entire topic.
    Amazingly for the first time in like a year risk has been off for more than 30 minutes.

    We are getting close to a risk break down, but I dont consider this current move (outside the EU) to mean much, the CHF is still way over bought, the AUD is severely overbought, the Yen is very overbought..

    I dont expect the market to keep going down, but maybe we get another top test and then a real move lower.

    My EU is starting to look good, the AUD is a bit further off still.
     
    bucknuts
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    Posted: Nov. 17, 2010 - 10:10 PM ET #2

    Yeah its coming the weekly charts are all looking good now...nice moves the last few days...long boring time here just watching..i need a quick snap so i can get back into this...waiting for a price that seems like will never come
    Reply
    Yeah its coming the weekly charts are all looking good now...nice moves the last few days...long boring time here just watching..i need a quick snap so i can get back into this...waiting for a price that seems like will never come
     
    PhuQuangLe111
    PhuQuangLe111
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    Posted: Nov. 22, 2010 - 9:18 AM ET #3

    Quote Originally Posted by wallstreetcappers:

    Amazingly for the first time in like a year risk has been off for more than 30 minutes.

    We are getting close to a risk break down, but I dont consider this current move (outside the EU) to mean much, the CHF is still way over bought, the AUD is severely overbought, the Yen is very overbought..

    I dont expect the market to keep going down, but maybe we get another top test and then a real move lower.

    My EU is starting to look good, the AUD is a bit further off still.

    I think the same before January there will something on to that taking place in December as well.

    Reply

    Quote Originally Posted by wallstreetcappers:

    Amazingly for the first time in like a year risk has been off for more than 30 minutes.

    We are getting close to a risk break down, but I dont consider this current move (outside the EU) to mean much, the CHF is still way over bought, the AUD is severely overbought, the Yen is very overbought..

    I dont expect the market to keep going down, but maybe we get another top test and then a real move lower.

    My EU is starting to look good, the AUD is a bit further off still.

    I think the same before January there will something on to that taking place in December as well.

     
    PhuQuangLe111
    PhuQuangLe111
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    Posted: Nov. 22, 2010 - 9:20 AM ET #4

    I am shorting DXD 30 Dow Ultra Short Inverse until sometimes in January.  The psychology has step up a little bit, but could just be trading sideways as well.  One thing certain it is not trading to the upside.
    Reply
    I am shorting DXD 30 Dow Ultra Short Inverse until sometimes in January.  The psychology has step up a little bit, but could just be trading sideways as well.  One thing certain it is not trading to the upside.
     
    bucknuts
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    Posted: Nov. 26, 2010 - 12:20 PM ET #5

    So youre outta EUR now right Wall?
    Reply
    So youre outta EUR now right Wall?
     
    wallstreetcappers
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    Posted: Nov. 26, 2010 - 1:06 PM ET #6

    buck,

    Not at all, I think she goes lower..but you are correct that I am making money on it finally..

    AU is still a bit out but getting better..

    CHF over 1, where are you?
    Reply
    buck,

    Not at all, I think she goes lower..but you are correct that I am making money on it finally..

    AU is still a bit out but getting better..

    CHF over 1, where are you?
     
    chicagobets
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    Posted: Nov. 28, 2010 - 10:13 PM ET #7

    wallstreet do you post anywhere else about forex other then covers?
    Reply
    wallstreet do you post anywhere else about forex other then covers?
     
    wallstreetcappers
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    Posted: Nov. 28, 2010 - 11:55 PM ET #8

    Nope..but the number of people who discuss it are few, which is unfortunate.

    Reply
    Nope..but the number of people who discuss it are few, which is unfortunate.

     
    chicagobets
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    Posted: Nov. 29, 2010 - 8:23 PM ET #9

    any tips for a newbie? how do you decide what u sell or buy?
    Reply
    any tips for a newbie? how do you decide what u sell or buy?
     
    bucknuts
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    Posted: Dec. 1, 2010 - 3:36 AM ET #10

    Quote Originally Posted by wallstreetcappers:

    buck,

    Not at all, I think she goes lower..but you are correct that I am making money on it finally..

    AU is still a bit out but getting better..

    CHF over 1, where are you?

    Im still alive Wall..like what im seeing here in the charts still...CHF still has me by the short and curlys...how can EU reverse 1400 pips and CHF only move 550???How is JPY only 320 from its bottom?JPY doesnt bother me im not down much there and for whats its moved the chart still looks great...+DI line just over 6 and the RSI at 34 on the monthly

    Im free from AU with profits,been a long time since ive said that...could be out of CHF as well but i didnt pull the trigger at 95 even though that was a CLEAR safe spot to average i know we talked in other threads about 95 being the bottom and so far weve been right...not going to beat myself up over it though..good things come to those who wait,and ive been patient...

    Ive got a new job,in the same trade but im now a sub..getting paid more working less,well i do less physical stuff more paperwork and time spent in the shop but its well worth it..my wife is also in a new job and shes cut her time down as well only working 3 days a week so we have more free time together as a family which has been very nice..

    Id love to read up on your trades though and would comment more if there was some trading going on..even if its just us who cares!!!We havent been able to keep people anyway they post for a few months then vanish...ill start posting more again,im looking at the charts anyway and my wife doesnt like to hear about this stuff...

    See you tomorrow

    Reply

    Quote Originally Posted by wallstreetcappers:

    buck,

    Not at all, I think she goes lower..but you are correct that I am making money on it finally..

    AU is still a bit out but getting better..

    CHF over 1, where are you?

    Im still alive Wall..like what im seeing here in the charts still...CHF still has me by the short and curlys...how can EU reverse 1400 pips and CHF only move 550???How is JPY only 320 from its bottom?JPY doesnt bother me im not down much there and for whats its moved the chart still looks great...+DI line just over 6 and the RSI at 34 on the monthly

    Im free from AU with profits,been a long time since ive said that...could be out of CHF as well but i didnt pull the trigger at 95 even though that was a CLEAR safe spot to average i know we talked in other threads about 95 being the bottom and so far weve been right...not going to beat myself up over it though..good things come to those who wait,and ive been patient...

    Ive got a new job,in the same trade but im now a sub..getting paid more working less,well i do less physical stuff more paperwork and time spent in the shop but its well worth it..my wife is also in a new job and shes cut her time down as well only working 3 days a week so we have more free time together as a family which has been very nice..

    Id love to read up on your trades though and would comment more if there was some trading going on..even if its just us who cares!!!We havent been able to keep people anyway they post for a few months then vanish...ill start posting more again,im looking at the charts anyway and my wife doesnt like to hear about this stuff...

    See you tomorrow

     
    bucknuts
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    Posted: Dec. 6, 2010 - 10:45 PM ET #11

    Wall you on vacation or what???

    Im getting tempted here...

    Reply

    Wall you on vacation or what???

    Im getting tempted here...

     
    wallstreetcappers
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    Posted: Dec. 6, 2010 - 11:10 PM ET #12

    Buck,

    Nope..just watching the risk trade go back on and these pairs run like wild.

    It takes much longer to have risk off work in this environment, the Euro went up over 400 pips in about three sessions on no news, just risk trade being on and in the face of the problems they face.

    What is tempting you?
    Reply
    Buck,

    Nope..just watching the risk trade go back on and these pairs run like wild.

    It takes much longer to have risk off work in this environment, the Euro went up over 400 pips in about three sessions on no news, just risk trade being on and in the face of the problems they face.

    What is tempting you?
     
    wallstreetcappers
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    Posted: Dec. 6, 2010 - 11:11 PM ET #13

    Buck,

    Nope..just watching the risk trade go back on and these pairs run like wild.

    It takes much longer to have risk off work in this environment, the Euro went up over 400 pips in about three sessions on no news, just risk trade being on and in the face of the problems they face.

    What is tempting you?
    Reply
    Buck,

    Nope..just watching the risk trade go back on and these pairs run like wild.

    It takes much longer to have risk off work in this environment, the Euro went up over 400 pips in about three sessions on no news, just risk trade being on and in the face of the problems they face.

    What is tempting you?
     
    bucknuts
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    Posted: Dec. 7, 2010 - 10:12 PM ET #14

    A sell in EU..all my short term charts up to the 4 hr were sayn sell and it was a good call...

    You in anything other than EU right now?

    Reply

    A sell in EU..all my short term charts up to the 4 hr were sayn sell and it was a good call...

    You in anything other than EU right now?

     
    wallstreetcappers
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    Posted: Dec. 7, 2010 - 11:06 PM ET #15

    yeah I have the AU running too, much smaller position of course but if the risk trade breaks, it should fall more and faster than any.

    IF could last until I am 75 though.

    I read some write up from a guy saying that the Euro goes back below 1.29, that is my cover point..1.29


    Reply
    yeah I have the AU running too, much smaller position of course but if the risk trade breaks, it should fall more and faster than any.

    IF could last until I am 75 though.

    I read some write up from a guy saying that the Euro goes back below 1.29, that is my cover point..1.29


     
    bucknuts
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    Posted: Dec. 7, 2010 - 11:21 PM ET #16

    NICE..youll get it soon i think..the 100 day MA on the monthly is 129.26 so we will prob see it test that for sure..chart to me looks like a test of 125 is brewing again..its sitting on a MA on the weekly right now and if it gives youll be out pretty quickly..this is a spooky time of year here for trading but its money

     

    Reply

    NICE..youll get it soon i think..the 100 day MA on the monthly is 129.26 so we will prob see it test that for sure..chart to me looks like a test of 125 is brewing again..its sitting on a MA on the weekly right now and if it gives youll be out pretty quickly..this is a spooky time of year here for trading but its money

     

     
    platypus
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    Posted: Dec. 7, 2010 - 11:56 PM ET #17

    I think I asked this before -- but why don't you guys talk stocks anymore? Too much volatility these days or what?
    Reply
    I think I asked this before -- but why don't you guys talk stocks anymore? Too much volatility these days or what?
     
    bucknuts
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    Posted: Dec. 8, 2010 - 12:28 AM ET #18

    I only traded a few stocks..i threw that money in forex in AUG..i still look at DJIA daily but dont watch any stocks on a daily basis anymore..ill check on the ones i traded every few days but that its for me really..and i look at a few that are/were topics in the forum like JOEZ..

    I like the wild market honestly i think thats what took me to forex in the first place..24 hrs a day you got action

    Reply

    I only traded a few stocks..i threw that money in forex in AUG..i still look at DJIA daily but dont watch any stocks on a daily basis anymore..ill check on the ones i traded every few days but that its for me really..and i look at a few that are/were topics in the forum like JOEZ..

    I like the wild market honestly i think thats what took me to forex in the first place..24 hrs a day you got action

     
    wallstreetcappers
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    Posted: Dec. 8, 2010 - 12:28 AM ET #19

    We talk stocks but I think most of the "stocks" guys like me arent buying this rally, unless you are in the group who is commodity speculating or buying 2 buck stocks doing the same thing.

    I have my positions and I am not adding to anything, I dont buy high PE stocks with 10% unemployment and high government debt with foreclosures galore on the books.


    Reply
    We talk stocks but I think most of the "stocks" guys like me arent buying this rally, unless you are in the group who is commodity speculating or buying 2 buck stocks doing the same thing.

    I have my positions and I am not adding to anything, I dont buy high PE stocks with 10% unemployment and high government debt with foreclosures galore on the books.


     
    AC4LIFE
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    Posted: Dec. 8, 2010 - 1:12 PM ET #20

    wallstreet ... looking for some guidance..

    I am in my mid 20's, and my investments are ...

    1) 50 % sitting in a savings account (this is a waste of money and actually losing money due to inflation)

    2) have about 20-30% in ETF's

    3) have my remaining balance in some high beta small market stocks (including penny stocks) with some speculation and in sports betting

    Any advice as to where to shift my investments would be appreciated?

    Thanks in advance.

    Reply

    wallstreet ... looking for some guidance..

    I am in my mid 20's, and my investments are ...

    1) 50 % sitting in a savings account (this is a waste of money and actually losing money due to inflation)

    2) have about 20-30% in ETF's

    3) have my remaining balance in some high beta small market stocks (including penny stocks) with some speculation and in sports betting

    Any advice as to where to shift my investments would be appreciated?

    Thanks in advance.

     
    platypus
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    Posted: Dec. 8, 2010 - 5:35 PM ET #21

    fair enough. Just thought it was funny I finally started investing on my own and not much stock talk goes on these days
    Reply
    fair enough. Just thought it was funny I finally started investing on my own and not much stock talk goes on these days
     
    bucknuts
    bucknuts
    Captain
    Participation Meter
    Joined: Oct, 2005
    Posts: 8951
    Posted: Dec. 9, 2010 - 12:12 AM ET #22

    This site isnt really where youd find a bunch of investors though..i mean these guys are ACTION JUNKIES..which is perfect for FOREX but i wasnt able to get many folks in here,we had some but they came and went..

    AC and Plat they have practice accounts that are free and let you trade in real time..i dont know what you guys look at to trade but the charts use the same indicators..

    Posting a small trade of EU/JPY..sell at 111.47..TP at 111.17

    Reply

    This site isnt really where youd find a bunch of investors though..i mean these guys are ACTION JUNKIES..which is perfect for FOREX but i wasnt able to get many folks in here,we had some but they came and went..

    AC and Plat they have practice accounts that are free and let you trade in real time..i dont know what you guys look at to trade but the charts use the same indicators..

    Posting a small trade of EU/JPY..sell at 111.47..TP at 111.17

     
    wallstreetcappers
    wallstreetcappers
    Covers Linesmen
    Participation Meter
    Joined: Feb, 2003
    Posts: 58464
    Posted: Dec. 9, 2010 - 10:00 AM ET #23

    Quote Originally Posted by bucknuts:

    This site isnt really where youd find a bunch of investors though..i mean these guys are ACTION JUNKIES..which is perfect for FOREX but i wasnt able to get many folks in here,we had some but they came and went..

    AC and Plat they have practice accounts that are free and let you trade in real time..i dont know what you guys look at to trade but the charts use the same indicators..

    Posting a small trade of EU/JPY..sell at 111.47..TP at 111.17



    Well you got that trade..only 30 pips though?
    Reply
    Quote Originally Posted by bucknuts:

    This site isnt really where youd find a bunch of investors though..i mean these guys are ACTION JUNKIES..which is perfect for FOREX but i wasnt able to get many folks in here,we had some but they came and went..

    AC and Plat they have practice accounts that are free and let you trade in real time..i dont know what you guys look at to trade but the charts use the same indicators..

    Posting a small trade of EU/JPY..sell at 111.47..TP at 111.17



    Well you got that trade..only 30 pips though?
     
    bucknuts
    bucknuts
    Captain
    Participation Meter
    Joined: Oct, 2005
    Posts: 8951
    Posted: Dec. 9, 2010 - 3:04 PM ET #24

    Yeah getting back to basics Wall...looked like it would find support near 111 but it went to 110.50 but ill take it..
    Reply
    Yeah getting back to basics Wall...looked like it would find support near 111 but it went to 110.50 but ill take it..
     
     
    misfits
    misfits
    Banned
    Participation Meter
    Joined: Sep, 2007
    Posts: 3720
    Posted: Dec. 11, 2010 - 2:11 PM ET #25

    im starting to look at forex, just setup a practice account. was wondering if you guys had and systems you follow and if you do multiple daily trades or longer term trades, say a month or longer. it seems like this is the perfect way to make cash for action junkies like all of us here if used with a little research and disipline
    Reply
    im starting to look at forex, just setup a practice account. was wondering if you guys had and systems you follow and if you do multiple daily trades or longer term trades, say a month or longer. it seems like this is the perfect way to make cash for action junkies like all of us here if used with a little research and disipline
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