Search results

Here's latest discussion about it : http://www.moneytec.com/forums/_showthread/_s-/_threadid-4085 It started with discussing charts, but transformed to discussing hedging aproach. There are couple interesting ideas about this issue. Make search there - I'm sure you find more posts about it. GL.

If trading was that simple... It can work sometimes. But the question is - will it be profitable over time.. I think the answer is NO. This is not first time this idea comes up. I think the answer is - no, it wont work, but you can demo it and tell us how it works. Good Luck.

Hi all. Well, as we see the sell off began right away at the begining of the trading week, but for now there were not enough sellers to push below 1 1220... What can I say...? - wait for retracement, and make sell from there. Entering the market may occur bit later than expected. Maybe in...

EURGBP - still waiting for major down move : I made couple attempts to short this pair, but still got nothing. In my opinion, chances are still pretty good to get that move, but not at the moment. At the moment I wait for better signals. EURJPY - selling: Most signals are this pair will go to...

USDJPY - nothing at the moment : The channel pattern I posted last week is still presant, but technically indications are for possible down move (not strong though). Therefore I prefer waiting for at least action at the begining of the week or wait for upside move confirmation in order to target...

USDCHF - already a break? : Take a look at the picture - looks like we already are witnessing a break of triangle upside. But the problem is that we had a descending triangle, suggesting exit will be down side. Except for that, there are same technical indications for weak potential as on pairs...

GBPUSD retest of 1.5835 : I was targeting that level on my short from 1.6072 which was closed at b/e, but recent activity is indicating its still possible to retest the 1.5835 area. Its not clear at the moment whether potential is strong enough to go below recent lows, and therefore I will be...

EURO/USD downside potential: We are still in triangle formation and due to late exit, potential for move after a break is limited, no matter which side. In such cases (late break) there may occure "trap break", meaning that we may get a break, followed by sharp move back. Phsycology behind such...

Week is over, no positions over w/e. Have a nice weekend evreyone ! best, Rezo.

This leaves me with: eurusd +94 pips or +3.76% eurjpy +123 pips or +4.14% eurgbp +12 pips or +0.76% Resulting: MTD: -0.62% YTD: +48.98%

Just now liquidated all my shorts on euro, as I have a pretty serious signal of possible reversal. I prefet selling if 1.1220 will be broken with stop slightly above. Closing prices: 1.1268 7032 133 92

EURGBP stoped at breakeven, and I resold it. So at the moment, open positions are all short: EURGBP@7044 EURUSD@1 1362 EURJPY@135 15 Targets and stops are as posted earlier.

Little update here: USDJPY stoped, Moved stop on EURJPY to b/e After last stop: MTD: -9.28% YTD: +40.32%

Of course the order on usdjpy was removed, as I went on market price.

EURJPY order was filled, Sold USDJPY @ current 119.30, stop@119.65 (-1.17%) tgt @117.85 (+4.2%) Also resell EURGBP@7047 stop@7085 (- 2.44%) tgt@6875 (+11.05%)

changed my entry order on eurjpy to 135.15 stop and target are same, so: stop@135.75 (-60 pips or -2.01%) target@132.50 (+265 pips or +8.89%)

Sell orders: EURJPY@134.90 stop@135.75 (-85 pips or -2.85%) target@132.50 (+240 pips or +8.05%) USDJPY@119.40 stop@119.95 (-55 pips or - 1.84%) target@117.85 (+155 pips or +5.2%) Also watching EURGBP for resell.

EURGBP trade also closed at b/e. Hunting is not over yet :)

Cable trade closed at breakeven.

GBPJPY trade hit the stop, resulting: MTD: - 8.11% YTD: +41.49% I will not be reselling the GBPJPY, but I am still considering to sell EURJPY.