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10.7
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=3549		 Page 47 of 95
Author:  Gertje [ Thu May 08, 2014 1:47 pm ]
Post subject:  10.7
spotdespot » Thu May 08, 2014 1:09 pm wrote:
nanningbob » Thu May 08, 2014 1:46 pm wrote:Gotta love news trading. USD and CAD have good news and the euro goes up 100 pips. LOL :shock:
There was an ECB press conference at the same time Bob - always a bit crazy - up on a comment then smacked down on another..... :uff:
What I always find the most amazing, is that at the second the conference / news/ whatever starts, the prices react like madmen. Not after the news is digested and reacted upon, but at the scheduled moment the talking starts.

:youknow:

I wonder what would happen when some technicallity makes one meeting start half an hour later.......
:smile:
Author:  nanningbob [ Thu May 08, 2014 1:49 pm ]
Post subject:  10.7
I am sure glad I closed my eur/jpy trade for a 10 pips loss. It dropped 150 pips after that. Dang.
Author:  nanningbob [ Thu May 08, 2014 1:51 pm ]
Post subject:  10.7
Now you guys know why I trade small lots. Still almost 1% of my account up tonight, That was wild.
Author:  Panamamike [ Thu May 08, 2014 1:53 pm ]
Post subject:  10.7
I am short EG and long Usdchf.
Author:  spotdespot [ Thu May 08, 2014 1:54 pm ]
Post subject:  10.7
Gertje » Thu May 08, 2014 2:47 pm wrote:
What I always find the most amazing, is that at the second the conference / news/ whatever starts, the prices react like madmen. Not after the news is digested and reacted upon, but at the scheduled moment the talking starts.

:youknow:

I wonder what would happen when some technicallity makes one meeting start half an hour later.......
:smile:
Unless there is anything very significant and unexpected in news terms, it seems more and more like they are just an excuse to clear stops and move price wherever the big money wants it moved anyway <<<----- guess what - that's not really news :youknow:
Author:  nanningbob [ Thu May 08, 2014 1:56 pm ]
Post subject:  10.7
I went short eur/usd at the top of the TMA. Looks really really good right now. Also looking for the gbp/usd to follow suit. When price is flying around you forget the indies and go with the gut. Looks like your euro drop is beginning AL.
Author:  nanningbob [ Thu May 08, 2014 1:57 pm ]
Post subject:  10.7
Panamamike » Thu May 08, 2014 9:53 pm wrote:I am short EG and long Usdchf.

Good show, nice choices, I bet you are smiling tonight. I already closed my usd/chf buy. Dont trust this market to hold any kind of position long.
Author:  Panamamike [ Thu May 08, 2014 2:08 pm ]
Post subject:  10.7
nanningbob » Thu May 08, 2014 8:57 am wrote:
Panamamike » Thu May 08, 2014 9:53 pm wrote:I am short EG and long Usdchf.

Good show, nice choices, I bet you are smiling tonight. I already closed my usd/chf buy. Dont trust this market to hold any kind of position long.
I have taken half off, moved SL to +2.....willing to see how this plays out. I think this is the start of the turn down for the EUR and CHF. If I am correct, I will add on pullbacks on the 30Min charts next week.
Author:  nanningbob [ Thu May 08, 2014 2:15 pm ]
Post subject:  10.7
Boy when they decide to dump a currency they go for it. EUR, CHF and NZD what a dive. Going to bed, nice fireworks display tonight. I hope this finally shakes this market up and we can get back to trading again. YEAH. :yahoo:
Author:  nanningbob [ Thu May 08, 2014 2:20 pm ]
Post subject:  10.7
Panamamike » Thu May 08, 2014 10:08 pm wrote:
nanningbob » Thu May 08, 2014 8:57 am wrote:
Panamamike » Thu May 08, 2014 9:53 pm wrote:I am short EG and long Usdchf.

Good show, nice choices, I bet you are smiling tonight. I already closed my usd/chf buy. Dont trust this market to hold any kind of position long.
I have taken half off, moved SL to +2.....willing to see how this plays out. I think this is the start of the turn down for the EUR and CHF. If I am correct, I will add on pullbacks on the 30Min charts next week.
I am going to play the eur/usd from the top of the TMA to near the bottom on the daily chart. The news has just been too good for the USD lately for it to keep sinking against the EURO. Just wait for all the complaining from the euro bulls at FF tomorrow. Boy did they set those guys up with that spike tonight. RAPE job. I will be playing up to 5 levels by the time it gets there. :!!:
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