Raining pips April edition

I noticed a few closed the gap already, some re-entered it once closed..like the LB.Yen

Not much hoopla after the initial pop overall.

Yeah its been slow...NZD gap almost closed..

 

you guys got any positions open ?? about to look over the charts. man the dollar/ euro looks real interesting. the dollar was moving up against the euro even before all this greek debt crisis was an issue. just wondering how much they'll run this with the europena support of greek debt. 

hey buck i was looking at that website your posted up, are still in the eur/jpy  and gbp/usd shorts ??

I dont think the Euro is out of the woods at all, nor do I think that Greece is finished with their problems.

The liklihood is that others in the union are in similar condition and will need assistance, so this cycle will probably continue..not if but when.

wall very true, didnt portugal debt get downgraded last week also ?? the piigs are in real trouble. 

Yup..

So this is a short covering, relief rally but I dont think it lasts..unless of course things improve and the mid to worst case does not show itself.

I think the odds that this is the only event isnt very good though.

 i was having a time issue with my MT4 platform..its a practice account tried everything even let a tech take over control of my computer from login help.com or some crap..i actually removed it from my computer already and dont plan on installing the platform from this broker again...but yes those trades are still running...i set limits i guess ill see if the limits get hit or we see a margin call b4 the practice account ends...i sold GBP on a close below a MA but with the action since i entered that wouldve been an easy trade..its working on fib retrace...this gap up placed it just above the 382 line at 15415..

The EU/JPY trade might be a lost cause rather soon since i cant work it and i sold near  the bottom of this move on a close below  618 fib line...which could mean the correction is prob over,but i think GBP is gonna trade a 400-500 pip range until after the election and would be an easy trade to work and get out with profit...

 

True Wall but its hit the 1.3270s twice and bounced and last weeks candle was a  doji....though the entire month of Febs candles were almost all dojis....maybe we gonna see a small correction higher b4 the next wave of shit hits the fan...

Theres lots of news that will move this pair this week,we can watch and see if it crosses any MAs and then tries to use them for support,maybe pull a fib and see where the key levels are from here if we keep pushing forward..i know i dont feel like shrting this pair right now...even though my gut told me to sell at open i chickened out and took EU/JPY and what a wise decision thats turned out to be...

 

https://www.forexfactory.com/calendar.php?s=95a8e6e657998646c2d9ece0b2f65daf

 

 

 

went short eur/jpy and eur/usd  

Have you guys seen anything on Macgiure about the precious metals manipulation...largest financial scam in history

Im sure the same is true about the stock market aswell.

Just so sick though and they say that gold is leveraged 100:1.....so for every real ounce of gold there are people holding 100 PAPER ounces....

They even tried to kill this guy Macguire after he ratted them out...JP Morgan  controling the price of gold and silver and alot of the traders knew when to buy and sell so if you werent in club you were getting

closed the eur/jpy short at even money. looking for a exit point now on the eur/usd short. 

closed the eur/usd short +40 pips for the day getting some sleep. see you guys around usm open . 

Nice job Pap.......lots of good charts setting up...key levels in many pairs

Watching JPY here a close below 9320 opens 9267...

Looks like a marginally up open, but pretty tight and bland ranges since last night.

went short aud/usd 

this played out to the pip....todays low 92677....was money in the bag though....wish i hadnt been such a puss and left my sell order in for AUD....all this gold news swayed me....

 

looks like eur/jpy is about to cross very soon. looking to get short real soon 

buck,

What was the gold news which swayed you so much?

It making several month highs?

short again eur/usd and eur/jpy 

I like it..

The pay day might take a while but I think it is a strong trade.

took about 20 pips from eur/jpy. still in eur/usd short.