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

Some tense moments here for fight over/below 1.29... I moved stops to b/e and added some more from 1.29. The bounce volume was low so I'm still betting on short. A strong surge over 1.29 will make me go long in a bit.
 
We have FOMC minutes coming out at 2pm EST. Last time, the market went wild...

I'm back to flat. Perhaps a long in a bit???

Long now, from 1.2902...
 
try not to overtrade ... unless your commissions are teenie ....

you mentioned you were tired ...
try not to make ut all up just because today is friday ... or pad your weekly P+L
for the same reason ...

good luck
 
Quote from chinook:

We have FOMC minutes coming out at 2pm EST. Last time, the market went wild...

More...

Could be interesting this time. Two of the Fed governors didn't request a rise in the discount rate at the last meeting. If they started talking about holding on rates at the previous meeting, then that could lead to speculation that the fed will hold in December. I'll hold my long position through the release.
 
Quote from SethArb:

try not to overtrade ... unless your commissions are teenie ....

you mentioned you were tired ...
try not to make ut all up just because today is friday ... or pad your weekly P+L
for the same reason ...

good luck
More...

Thanks. I am with IB so the comissions are not too bad.

I don't understand what you mean by "try not to make it all up" :confused:

I'm slightly tired now, a stiff black tea revived me somehow. But I'm watching my leverage.
 
I've been flat last 25 minutes. I took my profits off the table at 1.2922 since I felt like I might fiddle around with my stops in case of a drawdown.

Chopped some carrots for tonite's dinner. This week has been exceptionally good for me with relative to recent months. I have a decent dinner with (cheap :D ) sparkling wine planned. I'm saving my fine Champagnes for exceptionally good month celebrations! I hope I don't have to age them too long :)
 
Quote from csaunders:

Glad you're feeling so confident.... I'm still looking for more consolidation. Containment under 30/40 and target of 2830/2800.

I'll change my tune if 2960 is broken.
More...

There was some consolidation earlier, but now we.re breaking 1.2960 --- 1.2958 just there. ..

I was sleeping A LOT this morning/day .. but I still got that € base so it always helps.

edit: a few minutes later we hit 60, but stalling. Not seeing resistance on Globex but rather reluctance to take it higher yet. Short term buyers are afraid over 60; let's see if sufficient shorters can help run it over 60 good.
 
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