Raining pips April edition

buck,

Language change???

No way...zero chance.

Given the unrest in the EU I dont see how the FED is going to do anything outside what they have for the previous 6 months..

what price you looking for an exit at ?

Risk back on today, I guess the issues have resolved themselves and the markets can pack on 100 pts.

Got Long Eur/USD this morning, already looking at 80 Pips, 

MACD still has not crossed on the 4hrs,
DMI still trending toward a cross
RSI still around 50 

I think Correction will be quick, so I am on top of this for the rest of the day.

Retraced 25%  out of the position with 55 pips, and waiting to see what happens at open,  and most likely beyond. 

Not bad for an easy move up..good job.

I think come 10 AM they run the markets higher and the EU higher..lets see.

This Greece saga is wacky...one article/source says Germany on board and it is 100B (big numbers) and they rally the EU.LB, then another says nothing today and they sell the pair off..

This Greece saga is wacky...one article/source says Germany on board and it is 100B (big numbers) and they rally the EU.LB, then another says nothing today and they sell the pair off..

This Greece saga is wacky...one article/source says Germany on board and it is 100B (big numbers) and they rally the EU.LB, then another says nothing today and they sell the pair off..

got outta chf with 50 pips. surprised when i woke up today to see it taken out. the market was up this morning is another surprise but what the hell the usm is a fantasy land where anything is possible aslong as it is better than expected lol 

i think todays gonna end up red again for the usm. it looks like a bull trap this morning where nothing makes sense. the greek situation is still the same. they havent done anything and arent doing anything until its forced. just blah blah blah greece get ur debt under control, do we really need to bail you out ??? we'll just wait and see if something changes, oh nothing changed u still need a bailout.... damn 

im just glad the bs helped push the usd down vs chf this morning. i thought i was gonna be averaging on that pair today lol 

now i may be able to re-enter it later today. 

Yeah they seem to be slowly selling off the USM, call me skeptical though..

Also call me skeptical about them selling the EU or LB much further..

I agree that Greece seems to be very ungrateful and stubborn to do what is needed regarding getting this bailout finished, trying to shop rates and get a better deal..funny since they are in this position due to their choices.

greece is kinda like the us banks right now. they know they got the euro members by the short and curlies here. 

every time the usm gets to its 20 ma they buy it up. i think this selloff will burn them. it seems like the buyers came in and are accumulating here, well see i hoping for a huge sell-off. the stock market is way over-priced here, global recovery my ass. give me free money to gamble with and the tax cuts, along with everyone else playing and ill turn you a profit too. 

All the techs can be thrown out of the window at this point.  Moving with the news.

Spain downgrade crushes the EU.US

Long GBP already +10....if i had turned it on sooner i couldve got 5130....no limit will hold until i get home from work...

+40....

Signal just came up on euro-greenie, been dead all day...

Sell@3191

Some support aroung 13140...if that breaks and closes below LOOK OUT BELOW...

I dont see anything at the moment not gonna force a trade i bagged already today...something will pop up later

 

So Bobby,

What signals these signals?

Hey Wall...a guy I used to work with back in my IT days and myself made up this system based on different Ichimoku time frames and major S/R levels. We then went further and coded the trigger signal based on 5 minute charts. The trigger signal is based on fractals (as far as I can remember). I am not a fundy guy at all. I totally rely on technicals.