Jan forex thread..

Nice job boys...back to work in just a few hrs

Nicely done Wall!

Hey guys ive posted this b4 but he has sinced moved to a better site..i know people dont like this kind of thing [touts]but i like his show and hes is a BEAR which fits the mold..he runs a new show daily and you dont have to pay for anything to listen..ive done his free friday thing and been in his room its cool,usually 20 traders or so...

 

https://www.globalmarketsradio.com/

 

 

keep us updated on what you find there..it is a link but it doesnt compete with Covers and I dont have a problem with it.

Will add another at 1.3875

Just a daily show Wall...like i said he is a BEAR always so its fun to listen to..he also talks about data or market moving events..and Andrew is a funny dude

Wall,person you guys lookn at any charts today..

Any thoughts on EU or LB vs USD?Been watching EU had a few good trades but LB looks good now,Spanton also mentioned it which kinda worries me,he tends to be early as do i so im kinda in LIMBO now..shes 40 pips off the highs but still looks good to me?

Wall i see youre short EU..and just got your add lot 3850..looks good now on 4hr and daily..

Well, from this point, I know you prefer using the 4hr which I do too for a play that would take a week or two... as far as tomorrow is concerned with the POMO scheduled to be on the large side...7-9bill I would say that will help the upward pressure for the EUR/USD pair.  I see the 5min chart still playing out for the daily play (3am EST for the entry) and that 4hr chart looks like it is ready to topple over soon, just how soon is the question right?  

Daily is showing it still has room to run...I wouldn't be surprised to see 1.4000-1.4150 by the end of the week....then I suspect we will have our top in place.  We shall see.

Two major EU announcements at 4am EST and 745am EST will have a say on the day and help push the prices for us.

EU looks like 4150-42 i agree there..hell drawing lines you could see 1.4280s,Nov 11th high..

LB though looks like 1.6250..we saw the 20s today just looks like a big line here..

Well, looks like 1.3820 was the point for the first move to go short and now we have a good point to open the day at 1.3750 and play a long.

Buck, As far as the GBP/USD is concerned, looks like there is room on that to run too.  1.6300 looks easy as the first target, then 1.6450 would be next. All indicators are showing bullish trends lllong term but that daily is already topping out...it has to come off some for a better long.  

USD/CHF is near flatline....no interest in either currency...that will be a nice pair to pick a hold when reality sets in.  Worse case scenario, can it get much cheaper?? 

person i was looking for shorts not longs...

$/CHF should be near a bottom here in low 93s...i cant see it going any lower

LB hit a high of 1.6275 in the 4am hr[5 hrs after my post at 10:59] and had a low since of 1.6119...not a giant move but big enough to squeeze out 100 from my desired entry at 6250

Wall whats ur avg in EU?

I missed the high buy at 1.3875 I think by like 8 pips, go figure.

Limit buy still in at 1.3525 and that would net me 325 ballpark and I am stubbornly holding to that price.

I got a small support line just ahead of your buy price around 1.3560 and you got the 100 MA at 1.3541 once through those youll get your price in a matter of mins..looking from a daily chart you could make a case for a move to 1.32s

You messn with LB/JPY anymore Wall?Been in a good 300 pip range since mid Dec..

shrt AU here 1.0180....looks like it could stretch to 10250 but ill take that chance...

Oh I know you were looking for shorts.  I was speaking for intraday opportunity but we see those are not exactly available are they?!? LOL

She bounced off that line Wall a better jobs # might have done it for ya...

getting closer..need another 25 or so down to reel this one in.

Hey i met another forex trader at a card game the other night...ex of some chick who lives up the street..hes young still in school and hes a scalper..we talked for a few hrs and i gave him the site name but we were drinking,im gonna see her again this weekend will get his email addy and try to get him in here..

Low for EU has been right on that MA Wall..1.35414...its[MA]sinced moved down to 13525..you think you get it today or they gonna run her up being Friday??

buck,

You called it spot on..hit that support level and never dropped below it.

I am stubborn, to me the action points to a lower EU, I can wait it out. In fact I might drop the buy limit lower..

Its late,im drunk and tired as hell...no write up for this one ...lol

 

Sell LB/JPY 132.614

Selling GBP/JPY 134.01
Selling USD/JPY 83.12