June forex...Whytless edition

pop,

I just closed a short on the LB.USD, was short from 1.6455 to 1.6515 and closed it at 1.6420

That sucker has legs and the short was very nerve wracking..

pop,  
just watched the crocop fight. 

looked good

riding out that eur/usd short from last week

pop,

What time frame are you drawing support? I would be interested in what you have versus what I see. Are you using a 14 indicator on the daily chart or a 20 or a 50? It is a MILE from the 50 and pretty far from the 20. Trying to draw a trendline from the March low is tough because it is so steep that to connect the lows is impossible, it draws the trendline to 1.52 or so.

USD strong tonite..that either means a weak US market or who knows how long it lasts. With the FED saying no rate raisings this year and maybe some of next I dont see a rate hunt for USD longs..but at least today it is strong in most pairs.

My approach is that the USD will keep going counter to what the US markets are..thats how Ive been playing it and doing ok for a while.

200 pips on the eur/usd short

pop     I like that Cro Cop didnt miss a beat,  he kept fighting until the ref ended the fight,  a lot of rookies would just stop and apologise.  Cro Cop kept on him and finished the fight. 

in the end a little bit of bad ref-ing  but cro cop really showing he is a professional


are we looking at this usd rally to continue, or retrace

rick,

I dont recall seeing the USD strong for more than two or three straight days, but seasonality with the us markets might keep the rally going.

I read some stuff online and most everyone is reactionary, very few make forward calls rather state the obvious.

if the eur comes back up to retest the neckline support (which is now resistance) and can't break through i will probably go short.  i dont want to now because it has come down a lot

pop there is another steve nison candle clinic.

it is under samurai trader on mininova (which is doing maintenance or I would link it for you)

still in on the eur/usd  it has been good for 230ish pips, and im trying to squeeze out a few more. 

have a stop set at 1.3808 (which has been the resistance for about 9 hours) 

dont expect much of this, already a shit load of pips



BTW   anyone catch this story about counterfeit bonds

well that was a quick bounce 200 pips it is. 

think we could be seeing a reversal against usd. 

went ahead and bought eur/usd @ 1.3808

looking for 15-20 pips here

out with a loss of 8 pips. 

no steam

Hey Wall how did we miss out on the fall of EUR/JPY after we called the top???

usd/jpy is getting close to that 96 support

anyone around

Of course we missed the top, part of me wonders if we missed a top on some of these anti-US pairs too..

eur/usd trading withing range of a traingle... i have it perfectly testing a support and resistance level twice each... will be looking for it to break

usd/jpy dropped about 100 pips then recovered about 20 back this afternoon. 

i m out w/80 pips. and watching to see if it breaks the resistance of 95.59  the next target would be around 94.70

Was flipping some swing trades on the LB.US and the sucker rips off 100 pips in less than 30 minutes, of course I was short..so now in this short for more than a swing trade..