Schools out for[ex] summer....June edition

shoulda placed my limit @ 135 for both woulda been out and went short there. instead i got less pips and dont wanna go short at this price here. Goodnite i need some sleep. 

Well I got the short cover overnight, so both trades are closed.

I might try to short this open, lets see where they take these risk trades to open first..

You like Eu or LB Wall?

gonna watch and see if i can catch them closer to the highs

You mean against the US right?

I was actually thinking this morning that the Lb chart looked pretty bullish, the chart on the 4 hour looks quite intriuging..but then it had the same look on the 10th and fell off a cliff.

I have to stick with where I think the markets are going and play those pair which fit my view of the markets..

The USM is hot this morning but it is quite thin..they are whipping it all over so 95 pts up now could be 20 in like 10 minutes.

I really dont get how they are taking the markets higher...

If they get the CD down to 1.02 I will start a position long, if some of these pairs get extended I will short, but nothing is really getting extended that I see.

I was thinking sells...im watching EU here..RSI closing in on 70...i know it can run hot forever but im getting sell signals on most of the risk pairs already..

I am going to place a SS on the EU at 1.2325

Lets see if they take it there..

What I find as interesting is why the markets are up..

So the UK market was up and no horrible news, so take the markets up..no reason outside no bad news?

Bad news was there..Best Buy came in soft, they are a huge consumer retailer..I guess they are ignoring information and going higher based off other markets?

I dunno..

This EU short is for 50 pips..not going to wait around for 100, unless I see a fast spike and I can pull the order or feel differently.

As of now I am looking for 50.

Im in EU short as well just pulled the trigger at 12327...got it set to take me out at 12250....lets see where she goes

btw..

136 short target entry on the Lb.yen, .87 short target on the AU.US

Still trying to figure out this 150 pt move based on what exactly?

EU short 1.2335

Interesting that the risk trades are not ramping up today, might mean that they dont believe this rally is legit.

gonna try to get outta my gbp/jpy short at even because i didnt want a short at that price. 

Good luck papa..they are playing the 3PM ramp game today, smells like +200 and higher.

Again on what I have zero clue..

hell i might keep this short, the us  market is up almost 200 pts, it barely did much to the LB. we'll see 

aw hell im gonna keep it.  135 is ok the most this could run to is 140 - 142 and that to me would be fucking insane.  realistically i think it could go to 138 and thats it.  so i'll hold and average it. 

https://preview.bloomberg.com/news/2010-06-15/bulls-on-brink-as-s-p-500-makes-third-pass-at-200-day-moving-average-level.html

Lets hope so,they dont need to push it that low to get us out of these trades...let them force us to average,i dont mind ill wait

buck,

I agree with that completely, I am not afraid of averaging, in fact it multiplies the profits when the trade starts working properly.

same here 

papa,

I have an order to start a SS at 136 even, not that I hope it gets there but I will be with you and almost was on that run up last hour.

I just want to get out tomorrow at some point...this and booking one more trade would make for a nice week