Raining pips April edition

+e

i know if i held onto those 2 pairs longer i woulda been up almost $600 now. that gbp pair i left 80 pips out there and i had 3 lots 

I feel ya bro...i held those too long to just bail b4 i saw it test those areas....not my work but the Elliott Wave guys are looking for GBP to go to support down around 1.49...that means EU/GBP will prob head north even though it may not match the pip move those pips are better profit..

See ya tomorrow bud

Still have it, just with a lot or more since we last spoke.

I did cover the EU short as I mentioned at 1.4011, she is still falling..but it was good for 400 pips in total.

Good to hear...i think youre in great shape Wall...i see 1.4052 at least...shrt EU/JPY again on a pop over 1.26....thought it would come back to 50 day at 1.2560s...again i jumped out to soon,couldve had another 30 pips...

Closed out my GBP shorts...i had one hell of a night and left alot of pips on the table in every trade except EU/GBP but we could see this pair still try to move up to 8880 b4 its all said and done today

Yep..

If we get more info on Greece being trouble or Portugal being an issue, or the USM falling more than 20 pts I am sure that the short I have will pan out just fine.

I am getting closer to break even on the short, but I have 5 lots..which is too many..but compared to where it was on friday I feel pretty good at how my account stands.

So are you flat now?

No worries she'll come to you...well i been up for 20 hrs im going to bed........see ya around NY close.

Well you are on a PIPS rush, I can understand being up so long..lol

Posted: 4/6/2010 8:31:00 PM

got order in to SHRT AU at 9340.....will add more at 9450 and if it keeps going ill wait for 98 to risk everything i got

At work so ill check in later

 

i put that in the wrong thread earlier...no trades tonight fellas?

$/JPY around the 50 day MA on the 4hr...a good buy here...maybe wait for it to drop back into the low 60s again...sold GBP...didnt get what i should have as it really took a steep drop...looking to enter shrt again...50 day ma for this pair 1.5140s and thats on the daily...if it breaks today we may see the EW guys wishes come true

sorry...50 ma at 5140 is on the 4hr....50 day ma on daily should hold the top at 5240...i think the 4hr and daily both look like good for a SHRT

EU/JPY now has its 100 dayma on the daily acting as resis...had i been home i wouldve been all over this pair...played it twice yesterday

 

Eu.Yen will go as the USM goes, so I wouldnt expect a big drop unless the markets roll over and the risk trade is taken off.

It does look on a 4 hr chart like it is about ready to hop off a cliff though.

buck 

going for some quick pips on usd/jpy sold 2 lots her 93.778 rsi is high here hoping for 20 quick ones here

im still in it...but if i wasnt i wouldve  bought around 60...maybe lower if i was watching it...but since im in it i wasnt worried about..

Its bounced several times when it got close to the MA

almost nailed the bottom in my MT4 account

 

https://www.myfxbook.com/portfolio/bucknuts/24985

I click on the link and it does not let me access your account.



The US.Yen long is a tough one because both are the anti-risk currency beneficiaries with the Yen being the greater of the two..so when the market goes down, the Yen and the USD go up against other pairs but against each other the US is a net loser even though it is a gainer against most every other currency.

The Yen seems to be the ultimate risk-off currency.

got out of that trade. i dont wanna be trying to grab a few pips at the bottom of it, 

Go with your gut Pap...you may be right...i just been trading off MAs with my new charts

I have mixed feeling so far though a few of my trades the last couple days i found on my pro charts and they just didnt look as good on MT4s...

usd/jpy 50 ma looks like 93.50 on 4 hr. chart looks like we could get another cross soon. that pair scares me it could go either way. ill wait and see if it crosses up. 

i see 9351 and look at the low so farone brief bounce...maybe b4 it cracks?

i will be taking a shot at GBP here at 5240 if it can push its way up...not setting an order though just in case she blows by it

JPY giving in now...

damn shouldve sold EU/JPY good for a quick 30...id be jumping out a happy trader right now

Waited to get in GBP as well and it down 20+...

Im calling it a day fellas...this night shift is killing me...

Florida next month though for a much needed break

 i bought 2 lots on usd/jpy here @ 58