10.2a Oct. 2012 Edition

[mobthehop]

For the record - these are not my findings but Roulette's at the FF link indicated...

Stats are for DP - I sort of hope that Gary drops by and offers to run the same stats for weekly pivots via TS.... hint, hint.....

Cheers

Mop

[nanningbob]

The best trades I see for today are in the GBP group. gbp/aud, gbp/jpy, and gbp/chf look like good buys for the system.

usd pairs usd/cad and usd/jpy look good for buys also. usd/cad maybe wait for retracement.

The question then come with these buys which ones would be sells then?? If something goes up then something also comes down. My best guess and this is a guess so beware, would be the euro but I dont see any pairs that meet the sell conditions. So we may get more ranging again.

[Faramirsen]

I was thinking of NZD/JPY?!

Just locked in GJ lets see

[nanningbob]

I have no entries and all the pairs I mentioned have gone the opposite way. So trading was a success in that I entered no trades in the wrong direction. In fact I have entered no trades at all. You get days like this. See you all tomorrow.

[thelearner]

it is indeed a quite market today..thanks for your insight NB. All pending orders are deleted now See you...

[nanningbob]

Ok not much has changed. Market is like a dog lieing next to the fireplace on a cold winter day. Dont expect him to move until the weather changes. I will keep the USD/JPY buy in place. Maybe the gbp trades that dipped yesterday maybe good trades today. Its been raining here for the last 36 hours. I think I will stay in bed and read a book. Sorry guys just not much going on in the markets. That is not a good thing because it means businesses arent doing business.

[cmeade2]

Ok not much has changed. Market is like a dog lieing next to the fireplace on a cold winter day. Dont expect him to move until the weather changes. I will keep the USD/JPY buy in place. Maybe the gbp trades that dipped yesterday maybe good trades today. Its been raining here for the last 36 hours. I think I will stay in bed and read a book. Sorry guys just not much going on in the markets. That is not a good thing because it means businesses arent doing business.

Bob

You are half a word away, but it's amazing how the Hurricane Sandy, which is currently smacking the east coast of the US has shut everything down. The US stock markets were closed today and will be closed tomorrow. From what I could see the volumes on the Forex were way down during the US hours.

This story is a really big deal.

I will be glad when it is over.

cmeade2

[SteveHopwood]

I have no entries and all the pairs I mentioned have gone the opposite way. So trading was a success in that I entered no trades in the wrong direction.

This is one of the things I am finally getting to grips with. Only taken about 6 years.

[Faramirsen]

that means we gonna have an interesting Wednesday

Well I will have a lock on GU today (short) - its currently on Fib50 (4Hour) - waiting for a retracement and maybe a short after LO.

[nanningbob]

You have to love American Humor.