May the forex be with you...

Anybody else have trouble getting into the thread?I tried when i got home from work and couldnt...Wall you didnt hit that bottom in GBP/JPY?

Anyway i havent averaged yet in CHF...wasnt home for the highs...Pap it looks like 85 is coming on dollar index...so im waiting for now...i wouldve like to have seen 1180 i woulda jumped but thats 60 pips above now...i want at least 1150-60 to average so if it comes again ill bite..

Thanks Georgio,

It was just one lot trying to build up my fund at this point. It was pretty much a week-long trade that made about 280 pips.

Not too late to short imo. Wall and I pretty much share the same long-term outlook.

yeah I short eur right now i see the dollar to continue its strength here. 

buck,

Nope..I think at times I triple think myself..I initially (usually correctly) know where the USM is going but then I think to myself that in reality we are probably 3k overvalued in the market..no joking and that now we are in May and maybe we selloff more than one day..plus the EU problems will drag on the LB.

Moodys will downgrade Portugal by the end of the week but is that priced in here?

Gonna toss in a buy limit on the Lb.Yen at 141 even..

cashed in on the eur short 4 lots 40 pips ill take it. hoping it goes back up and i can do it again here. 

i think im gonna wait on averaging on chf i think it'll go over 112 sometime today. I'm hoping to get another pullback so i can short the eur again and close it out and average into chf at that point. 

ok i bit here @ 11180 added some lots. my average is still awful though. 11065 down over 100 pips 

i think this pair will hang around here tonight and tommorrow may edge even higher.  then friday or over the weekend there will be some news that greece and euro zone has been saved. gonna wait it out a little longer to see where she goes. still hoping it retreats some so i can get short again on the euro for protection. 

I added myself at 1185...im not worried ....yet

whats ur average at buck ? 

I would wager that tomorrow is risk on fellas..

They wont let the market keep falling, it will be a green day and the USD will drop barring some serious news regarding rating downgrades.

I'm not so sure walls normally i would agree 100% but i have a feeling they other markets go up tonight and the us market will fall tomorrow.  thats just my gut feeling, today should have been atleast down a 100 pts 

Look at the charts already..most of them are forming a base early, so barring some crappy news I bet they run the markets 100 pts tomorrow, and the risk pairs will move up too..

I hope so Wall....there were so many good trades today and all i got to do was scalp one...although looking at the trades ive made this week ive pretty much been scalping compared to pips i left in those trades...i gotta say though ill do it again tomorrow when[IF] im up 20 pips holdin 4 lots

Pap im sitting at 1.10898...i almost added in the 50s but waited cause it couldnt break through a TL on my chart...i got lines all over this puppy..lol...its been a sick run since it broke through 107..

 

They just bombed the Aussie 40 pips..

Trade balance #s were-2.08B were expecting up .7................lol...SELL,SELL,SELL

Thats wrong...they were looking for -1.7 came in at -2.08 trade balance

also had worse retail sales #s

The Aussie is a ticking time bomb..if the commodity sector weakens at all and the USD strengthens she is gonna implode, being such a one dimensional economy.

very interesting things going on currently. we just gotta get on the right side of these movements and we'll be golden. 

damn averaging up after bar closing woulda been good i think on this. futures are green 25 pts us dollar index spiked at 84.5. its still close now tho 11206 im gonna watch this before i go to bed. 

Limit sell in on the Lb.yen at 142 for 100 pips on the 141 long.

Added one at 140.50

Added another at 139.70