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It was a generous day for me. The Greenie spike was longer than I was expecting. I jumped off the long train around 1.22 and waited for 25-30 pips pullback--I ended up missing half of the daily range. On the bright side : 1) I wasn't stubborn with my initial short EurUsd decision. The short...

Crude's making a daily double bottom. Bonds are still up...

It looks like it'll pullback soon. But I don't think it'll be more than 20-30 pips. It might stop around 1.2140-50. I'm stopping myself from shorting since I still think upside has more potential. Chinook

I'll buy around 1.2140-45. Let's see...I'll track it with a short-term MA and start buying once it gets crossed over. Chinook

It looks like it. It's not even pulling back 20-25 pips... Chinook

I wouldn't go short at this time. I think long side is safer. Chinook

December volume almost caught up with the September one. I made my switch. Goodby ECU04, I'll miss you :p Chinook

Well, I have a happy face so far :) I don't even know what he said :confused: I'm hoping for a trend up day. I'll buy 20-25 pip retracements--Hope it comes back to around 1.2102... Chinook

My initial shorts got stopped out. But I was able to get long and now back to flat... Chinook

Thanks. I was away for couple of days and now I'm back in the game. I couldn't help myself but check the markets couple of times everyday even though I had no open positions. I don't also expect Greenspan saying anything surprising. But you know his each word gets disected. I'll just let the...

For deep house fans, the following station is great. He plays full albums and DJ sets. The current DJ set is not that great but overall the music is very good. http://www.planetsoulnetwork.com Chinook

He'll mumble in front of the House in about 1.5 hours. Let's see how many pips he'll move EurUsd in either direction short-term. Maybe 40-50 pips? Chinook

The CME FX futures rollover was yesterday but looking at the volume, the September contract had about 20% more volume than the December contract so far in currrent session. I'll switch to Dec. contract once its volume exceeds the Sep. one. Chinook

It looks like Euro is trying to bounce from the lows but I think we might see a test of 1.200-1.1980 later today. For now, I'll play the short side from the 1.2050 level. Chinook

It's been slow last couple of days. Unfortunately, I'll miss the NFP action tomorrow, I'll be away for a long weekend. I should be back in full speed this coming Tuesday. Happy trading, Chinook

On the otherside, 1.2150 area showed good support so far. My only prediction is that 1.2175 area will be the attractor for the next 2-3 hours. Chinook

First, I got disappointed by missing this move. ES was tanking too so I realized that it should be news related and this usually produces overreactions. Once ES started recovering I shorted around 1.2210, waiting it to pullback to 1.2175-80 area. Otherwise, I'll cover around 1.2203 area. Chinook

Yes, I meant a double "top". Cheers, Chinook

Well at least, it doesn't sound like you're a scalper like most people here :) If crude oil is going to tank, I expect it to make a double top at around $49-50 first. I think "madness" is driving the crude oil. By the way, you can trade the e-mini crude-oil :) Chinook

Pejman, It sounds like you're a long term trader with a more fundamental side than technical. I used the term "betting" since in a way we're all professional gamblers and successful traders have a positive edge. Although fundamentals eventually drive the markets over the long term, I believe...