Chinook's EUR/USD (E/$)Mumblings

Quote from TRADERguy:

No, he needs to take Ohio. Without Ohio, he needs to get several small states that bush won last time which is a longshot (or he could take Florida which doesn't look likely).
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Right on, Ohio should be able to call now - but stalling. If Kerry wins Ohio, and then MI, WI he would most likely not need to know about FL.

Interestingly, EuroFX is momentarily down on this ... I guess FL stinks with brother Jeb and all their bad, mixed up voting history.
 
Quote from Gringinho:

Do you care to explain
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If you look at a 4hr chart the trend has changed. There is a lower high (not by much). Kind of looks like a 123 reversal, don't you think? 10/29 would be a good time to start looking for shorts in my opinon. I was last night, but that trade was breakeven.

In my analysis, I don't see any clear setups for an upward or downward trend right now. Hard to say right now... If I were to go short, well there's a small chance that it could happen because if I can't move my stop to breakeven by the time it reaches the low of 1.2631 then I won't take the trade. My buy signal has a better chance of being hit, but I dont know what's going to happen. Just gotta keep watching.
 
Yes, I agree there are some mixed signals. However, with the knowledge that things are getting very close again and with the upcoming litigations if not Kerry get OH, CO or something - or likewise Bush NE, CO then we will be in the dark for some significant time - what national elections are concerned. Therefore I think the most likely result will be a maintenance of the range of last with a slight bias to the upside because of the weakness seen b/c of the confusion and bickering.

BTW, I'm enjoying some cheap red wine from California here - Blossom Hill, but it's getting a little late. :)
I'm adding slightly to long again.
 
Quote from Gringinho:

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BTW, I'm enjoying some cheap red wine from California here - Blossom Hill, but it's getting a little late. :)
I'm adding slightly to long again.
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You're doing some late happy hour there too:) I'm glad that you reminded me about IB shutdown. It's going down in about 10 minutes. I have my stop at 1.2710 in anyway. I'll just leave it.
 
Seeing some range extensions, but to me it's just more opportunities to add a little. I am not trading big size though, roughly 20% of RTH size.
 
Quote from Gringinho:

Seeing some range extensions, but to me it's just more opportunities to add a little. I am not trading big size though, roughly 20% of RTH size.
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Are you putting stops in?
 
Quote from Gringinho:

Yes, for the IB shutdown .. but I can't tell. :)
It's 2 fixed limits, though.
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That's OK :) I remember the other day you didn't use stops for a non-scalp trade....This thing can go both ways you never know.
 
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