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the days grow short when you reach September...forex

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Covers Linesmen
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Posted: #76
buck,

On a 4 hr chart it needs to break above the moving average to get some steam behind it.

Of course everything is a reflection of the US markets..so your wager on the pair is saying that the US market goes higher..which is likely for sure.

The 4 hr chart looks very indecisive, reminds me of the action around the Sept 1st area..which was before a breakout.
 
Captain
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Posted: #77
Wall i woulda been in and out in 20 mins at most and thats going for 30 pips...i just trade the chart..it crossed a few hrs ago at 90.60ish and ran to 91.38..
Going for these small limits is the key for the way i trade..i might be able to go for more alot of times but $350-$600 in a few hrs aint bad..and if im in a carry trade its even more $$
Sometimes ill get more pips if i can sit and watch or the daily chart lines up with a cross on the 4hr  but for the most part i want to get in and out ASAP and if i have to average my way out ill do that...a pair is gonna have to move alot to get me out and the more i trade the distance a pair will have to move gets further and further away
If i couldnt move my  average on my position i wouldnt be trading at all
 
I cant trade using stops
 
Captain
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Posted: #78
I was like um
 
 
Captain
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Posted: #79
In a sell of Aud/USd crossing on the 2hr and if it holds up could bring one on the 4hr...gonna set a tight limit just in case...25 pips....87395
 
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Posted: #80
FXinsider gonna mess up my trade here calling for sellers around 8750 as its dropping....8727 right now
 
Good support at 8680 he says....if this cause a run up im bustin a cap his ass
 
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Posted: #81
Im taking my limit back to 40...gonna see if it tests so called support here but i will have an itchy trigger finger here once im over 25
 
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Posted: #82
whatsup fellas... just got back from vaccation in florida... in eur/cad short up about 30 pips at the moment gonna see what she does by the time i go to bed and might move SL to breakeven and set a 50-100 pip limit.  just watching ufc fight night right now
 
Captain
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Posted: #83
Good to see ya Pop...Florida....u lucky dog....GET THAT MONEY
 
I sold 2 more EUR/GBP b4 i went to bed since it just sat there for the better part of the night with me 40 pips down...out with $350...
 
Still in AUD down close to 15 or so at the moment....limit moved back to 25 pips...
 
My little one got the wife and i up about 30 mins ago......hes sick so  ill be taking the day off and ill be in here most of the day
 
Captain
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Posted: #84
Well i got my limit in AUD shoulda left it at 40 though its already getting down to test 8680....8699 just a min ago...fxinsider called 8680 nearest support...but if it crosses i think it goes lower than that...
 
USD/CHF setting up for the DMIs to cross...gotta try it here 1.03313...limit set for $450 23 pips....
 
Captain
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Posted: #85
I get in and it drops 30 pips in a few mins.....
Well if it keeps this up ill be able to avg here real soon
 
Captain
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Posted: #86
Now sitting with 4 lots at 1.03116.....may have jumped early here but im getting out of this as quick as i can....i swear im close to never trading this pair and USD/CAD  EVER again...
 
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Posted: #87
ugggh i hate that when it drop suddenly right when you get in!  very very frustrating.  looks like you averaged in.  usd/chf my least favorite of all the major crosses!
 
moved my SL 50 pips below entry with my eur/cad.... sitting at aroun 90 pips, im gonna trail the stop 50 pips at a time i think if it continues going down
 
Captain
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Posted: #88
Come to Butthead
 
Captain
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Posted: #89
Nice Pop...CHF slowly working back here....i dont have a limit set yet,just gonna let the chart play and see where she goes...ill be in and out all day...hope all u guys are making some $$$
 
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Posted: #90
So pissed i didnt jump right back on an AUD short...it flew all the way back up to just above my entry into the 8750s and is now right at 87 again...the cross of the ADX and +DMI is coming and if it crosses the -DMI maybe an even bigger drop...
 
I love being punished ...im shorting EUR/GBP again....limit set at 30...but im just gonna scalp some here....
 
Covers Linesmen
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Posted: #91
You are crazy buck..

4 lots on the CHF and some EU.LB?

That account of yours has to be getting huge to carry 4-5-6 lots.


 
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Posted: #92
Im not touching CHF unless it falls off the table here..so im not worried on that one..and EUR/GBP had made runs at 8950 but hasnt cracked it until i shrt it...so i dont look for it to run and hide here...i like the daily as well so if i get stuck i can live with it and wait this one out as well but im in no real danger unless im forced to avg a few times in both these pairs....
 
 
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Posted: #93
Almost no moves in either pair the last few hrs....i expect that in EUR/GBP but CHF??
 
I think this close to the level where FXinsider said there would be INTERVENTION in CHF in need be....we'll see
 
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Posted: #94
buck,

I would be shocked if they do step in, didnt they pretty much do that already? That might mean it is priced into the pair.

This USD fall to me is a combination of a low rate environment as the FED has said no hikes until well into next year, and the US markets moving up for the whole summer.


 
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Posted: #95
I dont think they did but i usually dont pay much attention to CHF....i just know i read that less than a week ago....but looking at the charts i think im in good shape here....hell its 1.03 now...im not far away...and had i waited 5 more mins to avg id be even...
 
I like the EUR/GBP charts but i like to BUCK the trend so maybe im seeing what i want to see...call me crazy but its same setup from last week on the daily when it crossed at 8820 and then came down to 87...
 
 
 
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Posted: #96
Well CHF rebounded nicely...didnt get what i should have but i couldnt stare at the screen any longer...stayn home with kids is alot of work and wears you out...
 EUR/GBP just kept moving forward...nice and slow though not causing much trouble....yet to avg in this pair i want to get close to the high of 9010 or so b4 i nibble here...
FXinsider sayin a large CAD bank saying to sell CAD,they think a break below 1.05 is"only a matter of time".....no CAD for me today
 
Captain
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Posted: #97
4 lots at 89787..........limit set for 13 pips...$850......lets see where she goes
 
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Posted: #98
Of course as soon as i avg up it makes new highs.....Off to watch Bob the builder be back later
 
Covers Linesmen
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Posted: #99
Quote Originally Posted by bucknuts:

Of course as soon as i avg up it makes new highs.....Off to watch Bob the builder be back later


Bob the Builder isnt too bad, I have Phineas and Ferb on right now myself.


 
 
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Posted: #100
On demand greatest thing ever invented
Little one still not feeling well but hes getting better...whish i could say the same for my trade....but i had a good week i can sit watch now...
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