Jan forex thread..

Question

Gonna start the thread off with a trade here..4hr ,2hr and daily chart are giving me a buy arrow on my MT4 setup..RSI at 32.45..&#xD;&#xA;Buy AUD .98082...going for 30 pips here

bucknuts · Answer

Gonna start the thread off with a trade here..4hr ,2hr and daily chart are giving me a buy arrow on my MT4 setup..RSI at 32.45..&#xD;&#xA;Buy AUD .98082...going for 30 pips here

wallstreetcappers · Answer

30 pips..you got it already.I have to get back into the hunting mode again.I did finish out the EU yesterday, didnt mention it because only you know what I am talking about.

bucknuts · Answer

I loved posting in here..lets keep it going Wall..im on nights this week but ill still check the thread a few times daily..

It looks like LB/JPY is gonna fall another 100+pips...calling it out but i aint touching that pair right now...lets see if she sheds 100 from 12980s..

Im home and lurking

Coondawg71 · Answer

Here we go...here is a link for a little reading to any newcomers who may need some direction...https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2011/01/12/FOREX_Dollar_Slowly_Retraces_as_Tempered_Inventory_Growth_Offsets_Feds_Hawkish_Rhetoric.html

Coondawg71 · Answer

Long USD/CHF  LIMIT ORDERENTRY .9730TAKE PROFIT     .9800

wallstreetcappers · Answer

I am not convinced that the Euro is out of the woods yet, I will look at another short entry now that I am clear of that long long hold.

It is interesting how the risk on has been strong for like a year straight, the market never goes down for more than a session or two anymore..very manipulated.

Coondawg71 · Answer

Long USD/CADLIMIT ORDERENTRY PRICE= .9850TAKE PROFIT= LONG TERM HOLD  (250&#x2B;pips)

Coondawg71 · Answer

So Wall it sounds like you are waiting for the EUR/USD pair to hit that 1.3150 figure (50% Fid retracement) to hit the short side?  That pair seems to be getting the most attention and manipulation with Japan&#x27;s involvement now.  Seems like that 1.3150 figure will hit, then the dollar will be in a place to trigger further pressure downward.

Coondawg71 · Answer

https://www.dailyfx.com/forex/technical/article/special_report/2011/01/11/011111SpecialReport.htmlInteresting read hear regarding the relationship of the DOW and Forex

Coondawg71 · Answer

Keep in mind gentlemen...a little competition isn't so bad either.

This contest has not started yet, but wouldn't you like an additional kickback for your hardwork?

https://forexforums.dailyfx.com/automated-trading-challenges/308286-2010-fxcm-automated-trading-challenge-contest-results-interview-winner.html

Sorry for all of the post if it is bothersome. Just like to offer some info for the group if we are going to get this thing started. Maybe Covers will expand their "coverage" on the subject in the future. Especially since retail Forex has entered the mainstream.

Coondawg71 · Answer

I just watched the EUR/USD plow through 1.3070-1.3115 in no time at all!

wallstreetcappers · Answer

That FIB level is not interesting enough, I will wait to see if 1.33 creates some exhaustion..

bucknuts · Answer

Was there data out today making these run?Glad i didnt shrt that LB/Jpy...i got a resis line at 1.3115 or so....

Coondawg71 · Answer

POMO schedule...https://www.zerohedge.com/sites/default/files/images/user5/imageroot/havenstein/POMO%20January.jpg

Coondawg71 · Answer

EUR/USD chart TAhttps://chart.ly/54px7yv

Coondawg71 · Answer

So according to the US Dollar Index, it looks like we may stay bearish on the USD for a while (possibly through the remainder of this week) then go bullish next week.

https://www.marketwatch.com/investing/index/DXY/charts?chartType=interactive&countryCode=us

bucknuts · Answer

Looking at the daily and weekly it may last longer than this week..rejected at 81.50,couldnt hold 81 doesnt look good thats for sure

Coondawg71 · Answer

Dollar index review...https://www.dailyfx.com/forex/fundamental/article/usd_graphic_rewind/2011/01/13/USD_Graphic_Rewind.html?utm_source=twitterfeed&amp;utm_medium=twitter

Coondawg71 · Answer

Buck....Each time I see your avatar...I chuckle....just imagining the thoughts that must have been running through his head at exactly THAT precise moment.

Coondawg71 · Answer

https://www.freestockcharts.com?emailChartID=c22a9d87-7092-48cf-a4a3-e7a495c3fa2fcurrent standing of USD Index split with EUR/USD

wallstreetcappers · Answer

If the EU gets past 1.34 I will start a short there..

Coondawg71 · Answer

scratch that last post...nothing to see there...I goofed that up

Coondawg71 · Answer

https://chart.ly/streams/forexsorry for the last post, having tech difficulites posting a chart I made so I offer this insteadEUDUSD  chart...1.3414 is the 100% retracement and we are almost there!!!

Coondawg71 · Answer

Wall and Buck...would you be surprised to see the eurusd hit 1.4000 ? I see further dollar weakness that would take the dollar to the .7725 range over the course of this quarter and then the dollar start to show strength. With China and Japan taking the pressure off the euro, and the large amount of shorts needing to cover it seems to be more probable long term outlook.

misfits · Answer

i was hearing that after q1 the dollar should strengthen and by the end of the year euro should be back around 1.20

Jan forex thread..

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