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10.6 EDSEL
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Author:  dispell [ Wed Jan 15, 2014 10:44 am ]
Post subject:  Re: 10.6 EDSEL

nanningbob » Wed Jan 15, 2014 6:28 pm wrote:Add to that the gbp, eur, jpy, aud are all bonded on the CSS together around the 20 line. We have ???? Price is not giving clear direction. 50 50 guess time, here we go. :)

In other words you can make good argument for either direction on these pairs.

nzd going up cad going down and I cant trade it. Probably where the action is right now. In other words I can call the direction of a pair I dont even have a chart on. OOOOOOOOOOOOhhhhhhhh he's good. :uff: :uff: :uff:
I feel your frustration on the NZD/CAD pair, bro.
One of the few pairs i'm missing out :s
Author:  zentauro67 [ Wed Jan 15, 2014 11:02 am ]
Post subject:  Re: 10.6 EDSEL

NZD is going up but AUD is sloping down. Could this mean NZD will angle down soon? In that case, NZDUSD and NZDJPY should be clear short candidates.
Author:  fx800 [ Wed Jan 15, 2014 11:34 am ]
Post subject:  Re: 10.6 EDSEL

zentauro67 » Wed Jan 15, 2014 10:17 am wrote:Hi, fx8000

Nice to see you. I´m also following this EURUSD D1. The stoch cross looks great but zoom out and watch also the trendline. Anyway, I´m shorting it right now and close to move to BE. But no too much confident.
Imagen 001.jpg
Hi Zen

Nice chart. Perhaps consider TP at trendline, and place a pending below it .

Edit : last friday's rise was due to USD weakness in response to NFP. So, when the news passes, and USD should follow its gradual UT as the QE taper continues in the coming months.
Author:  trucomallica [ Wed Jan 15, 2014 12:27 pm ]
Post subject:  Re: 10.6 EDSEL

nanningbob » Wed Jan 15, 2014 7:28 am wrote:Add to that the gbp, eur, jpy, aud are all bonded on the CSS together around the 20 line. We have ???? Price is not giving clear direction. 50 50 guess time, here we go. :)

In other words you can make good argument for either direction on these pairs.

nzd going up cad going down and I cant trade it. Probably where the action is right now. In other words I can call the direction of a pair I dont even have a chart on. OOOOOOOOOOOOhhhhhhhh he's good. :uff: :uff: :uff:
Bob, are you sure you don't have it? I have an I B F X Aussie demo and the pair is in the lower half of the "market watch" window, where the exotic pairs are.
Author:  Anthar [ Wed Jan 15, 2014 2:06 pm ]
Post subject:  Re: 10.6 EDSEL

BIG revolution out there... I had placed some trades that seemed to have a nice setup for
EURJPY short, missed entry; EURJPY short, missed entry; CADJPY short, -39pips; AUDCAD long, missed entry; AUDCHF long missed entry
Anybody else had some trades on this pairs? either short or long
Author:  fx800 [ Wed Jan 15, 2014 5:27 pm ]
Post subject:  Re: 10.6 EDSEL

zentauro67 » Wed Jan 15, 2014 10:17 am wrote:Hi, fx8000

Nice to see you. I´m also following this EURUSD D1. The stoch cross looks great but zoom out and watch also the trendline. Anyway, I´m shorting it right now and close to move to BE. But no too much confident.
Imagen 001.jpg
Looks like price bounced off 61.8% fib level.

I exited at 136.80, and will be looking for CT trade with 10.4 set up.

Biege book at 7 pm uk time. May be some action then as it concerns the USD.
Author:  zentauro67 [ Wed Jan 15, 2014 5:40 pm ]
Post subject:  Re: 10.6 EDSEL

I exited at 1.3595. No more EURUSD for me until a clear signal of direction.
Author:  art [ Wed Jan 15, 2014 6:13 pm ]
Post subject:  Re: 10.6 EDSEL

still finding it a bit confusing, sitting on a cadjpy short, waiting for it to reverse, daily css cad down the bottom jpy turning up above the line, but the 4 hour jpy is plummetting hence the cad upturn, so what to do hang on in, and rely on the daily, thoughts please, in all fairnes i did take the short off the 1 hour chart near the bottom
Author:  Anthar [ Wed Jan 15, 2014 6:44 pm ]
Post subject:  Re: 10.6 EDSEL

art » Wed Jan 15, 2014 12:13 pm wrote:still finding it a bit confusing, sitting on a cadjpy short, waiting for it to reverse, daily css cad down the bottom jpy turning up above the line, but the 4 hour jpy is plummetting hence the cad upturn, so what to do hang on in, and rely on the daily, thoughts please, in all fairnes i did take the short off the 1 hour chart near the bottom
I took it from a fairly good setup on H4, and got stopped out some hours ago... I think sometimes settings just go to the wrong side, it's a part of trading. Sitting on losing trades is not my thing, but I can't advice you to get out, for all I know it might as well come down again. Good luck.
Author:  rocketman99 [ Wed Jan 15, 2014 11:19 pm ]
Post subject:  Re: 10.6 EDSEL

zentauro67 » Wed Jan 15, 2014 12:02 pm wrote:NZD is going up but AUD is sloping down. Could this mean NZD will angle down soon? In that case, NZDUSD and NZDJPY should be clear short candidates.
Careful with the NZD - central bank may announce interest rate increase soon which would be first 1st world country to do so post GFC. Could cause large inflows. This analysis was in my inbox this morning from OZforex.
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