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WOW What a great short for anyone that took it. I was mostly in the AUD/USD and what a great trade that turned out to be... straight down!! Also notable is euro breaking above this 15 min T/L on the close... Could there be momentum at the open??? <Img...

I think the Euro reversal started today

oandas gold feed was delayed a few minutes and it opened up and got crushed... easy arb

If you aren't using Fib numbers you are at a huge disadvantage

wont see low 90s for a little while... get in long now

Sell the rallies!! :D ES HAS TOPPED

with years of screen time you should now udnerstand the first rule... anything can happen. but yea, above 1295 and 1306 brings much higher

Trade against the dollar you're gonna get burned... I did

covered this afternoon, hoping for a bounce here...

Yea... a correction seems overdue in a lot of markets (dollar, oil, gold) but for now I'm playing it through gold because it's set up best technically.

USD/CAD broke out USD/JPY broke out AUD/USD and NZD/USD are nosediving EUR/USD broken support If you are short the dollar you are fighting the trend!!!

yea i went in to chat and asked if the people's stops that got taken out were reversed too and they said yes all transactions... basically they just open your trade back up at the price you paid for and off you go

hahh yea they took mien away too i spoke too soon

Well we have breakout... I will wait for confirmation but will be converting my base currency from CAD to USD... Very bullish on USD now in most currency pairs. <img src="http://elitetrader.com/vb/attachment.php?s=&postid=2018145">

Gold closes at 5:15pm est... right after close today HUGE SPIKE so I closed my long... then HUGE DOWN SPIKE ROFL!!! suck it oanda <img src="http://elitetrader.com/vb/attachment.php?s=&postid=2018103">

Tons of ways to skin a cat. I look at the COT rarely and only usually for gold or oil. But imo this trade has been setting up for weeks if not months. There is going to be continual significant downside for this pair so if we bounce it would still be fairly low risk to enter a short. Ending...

Just as a side note, oanda's spread for gold is about 50 cents so if you are planning on some quick arbitrage this might not be the best platform.

zing! is she ever gonna bounce? i want in again

Whaaa? My platform is capped at 50:1 and I just emailed them and they said 50:1 is the maximum they allow...

Is it a lost cause asking for more or are there some success stories?