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  1. R

    Monthly Thread: May 2004

    Well, no deal today. tomorrow is a new day.
  2. R

    Monthly Thread: May 2004

    no, wont be entering at this hour close. It may accelerate the move down, but its too far from the high. Prefer missing a good trade rather than risking too much. My stop loss is estimated somewhere around 1.29, and thats a little too much for me at the moment. Maybe in another situation I...
  3. R

    Monthly Thread: May 2004

    Well, we saw a small new high for this hour (its 3.16pm CET now) and price reached 1.2855. Once again it met resistance and now its back to 1.2830/5. Let see how it goes, and depending on this hour close I may short at market price.
  4. R

    Monthly Thread: May 2004

    EURJPY: I posed yesterday that this pair may see more correction/consolidation and reach 135.50 area and maybe even 135.00. Well, today we saw the 135.50 and almost saw the 135.00. we were as low as 135.15. Currently its trading at 135.40. the price bounced from the minor trend line which can...
  5. R

    Monthly Thread: May 2004

    We have been as low as 1.2760 and now back to 1.2820. If it goes to 1.2750 and higher, this pair will be acting as expected. Lets hope it does. In that case, entry will be probably today. Still I dont think it can go much higher than 1.2900... cheers
  6. R

    Monthly Thread: May 2004

    Morning everyone, Well, as I am writing , CHF was as low as 1.2775 after retesting the 1.2850 over the asian session. I may have missed the entry around 1.2850, but I will wait for another last push higher to that level, and maybe even higher to decide whether I enter or not. If another...
  7. R

    Monthly Thread: May 2004

    We are seeing some more correction coming on USDCHF as expected, and this may push the price to the area I was talking about - above 1.2850 (we are almost there; as I am typing, we have reached the high of 1.2845). EURJPY is going slightly up and is at 136.60 right now, but I belive we can still...
  8. R

    Monthly Thread: May 2004

    Sorry all for how the last chart looks like :D, but I just wanted to show everything I write in post on charts, so it will be easier to see what I am talking about. Ok, couple words on EURJPY: its currently trading at 136.40 after being as high as 137.90 in early Asian session and as low...
  9. R

    Monthly Thread: May 2004

    As I said, every level can be broken and in this case, if you ask me, on scale of 1 to 10, chances are at least 6 or 7 that this area will be broken this week. Maybe even today-tomorrow. My indications are that we will at least retest it once again for a break below. Lets take a look at 240 min...
  10. R

    Monthly Thread: May 2004

    Good Afternoon. Ok, we have seen some consolidation on USDCHF after a bounce back from 1.2680-1.2720 support area. This is a strong support, - first seen as a resistance in January and then as a support in the beginning of March; - then repeatedly seen as a buying area in the choppy...
  11. R

    Monthly Thread: May 2004

    Hello Everyone. Been away from the forums for some time. Lots of working with creating a company with my US partners, and market was not so good to me (or I was not that good on the markets) lately, so I had a lot of work with the history and my past trades (I think it was worth it). My...
  12. R

    Monthly Thread: April 2004

    I have a good signal to buy USDCAd at the current levels = 1.3558 with stop at 1.3490 and first target at 1.3750; next medium target is all the way to 1.40. Unfortunately I cannot trade this one, because I have 2 open positions for medium term, but if I didn have those, I would definately enter...
  13. R

    German IFO

    As far as I see it its not more than a corrective move / profit taking. selloff may resume and even accelerate sooner or later. We need to see at least abreak of 1.19 in order to say there is a chance that bottom was already hit. my 2c
  14. R

    Monthly Thread: April 2004

    got stopped on the Euro trade. May reenter later if it heads towards that line I mentioned yeaterday around 1.1880/90. Maybe even lower. Am also looking at possibility to sell GBPUSD. GL !
  15. R

    Monthly Thread: April 2004

    Morning. well, I see euro dived to 1.1760 - new year low, entry order was triggered but I wasnt here to move the stop to entry level. At the moment its trading at 92/96 and I will give it a chance to develop. If it fails to break lower, it will be a bad sign. I am also holding short Aussie...
  16. R

    Cash Forex Trade Volume

    check your PM. dont wanna spam here about refco/FXCM
  17. R

    Spot FX : who makes $$$?

    Hi SethArb. If you mean stops and tgts, the yes, I always do. As for other pairs except for the 4 majors, well I trade aussie and canadian and 2 more EUR crosses: eurgbp and eurjpy.
  18. R

    Cash Forex Trade Volume

    hi robek. At the moment I am trading with Refco (same as FXCM). worked with a lot, inclusing the one you trade with - CBFX. They are as low as it gets I should say with their platform of ages ago and poorest customer support I have even seen. There are 3 people there though who I know and...
  19. R

    Monthly Thread: April 2004

    seems like market is tryint to start selling Euros right from the start, but lets see how it goest later on the week. My entry order is in place at 1.1790 with 30 pips stop loss and initial target at 1.1600 Good Luck!
  20. R

    Monthly Thread: April 2004

    The second strategy I would suggest is selling from the possible minor top that may occur near the 1.1900 level with 30 pips stop loss and same target. Move stop to entry level after 30 pips move. Market is very volatile lately and therefore we should be cautious. This trade requires a...
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