Eur/USD

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long at 1.2555 and short at 1.2520. Thats all you can really do at this point since i really doubt there is going to be a huge price move b4 the fomc decision. Look out for stop hunting, we all know its going to happen so just prepare.

Its better to miss 50 points in a 100-150 point move than to get whipped around a few times and getting horrible fills as the news comes out.
 
I just took half off at 2645. Will add some back once I get my barrings if warranted.

+126 Points

Quote from downrivertrader:

Okay the hell with the dollar bull thing.

I covered my trade at 2521 for a 117 point profit. I am now long (a bunch) at .12519.

Makes my head spin. Fed should move the needle tommorrow.

Too much priced in the down move in my opinion. :p

DRT
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Went long EUR/USD right before Fed release. Closed out on the rejection for a very nice profit.

More upmoves in the days ahead as the market realizes the Fed is done for this cycle.
 
Quote from Ivanovich:

Went long EUR/USD right before Fed release. Closed out on the rejection for a very nice profit.

More upmoves in the days ahead as the market realizes the Fed is done for this cycle.
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IVANSKY! Da Maaaan. :D

Like a doof, I didn't even think about going long - duhhh - and it's not high enough for me to starting engaging it short. Guess I have a one-track mind. ;-)

lmao

The Drawdown
(good trade, dude)
 
Quote from naz9403:

long at 1.2555 and short at 1.2520. Thats all you can really do at this point since i really doubt there is going to be a huge price move b4 the fomc decision. Look out for stop hunting, we all know its going to happen so just prepare.

Its better to miss 50 points in a 100-150 point move than to get whipped around a few times and getting horrible fills as the news comes out.
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Naz, how'd it work out? I presume your short did not get filled? But your long limit order did?

Hell of a set-up! :D

dd
 
Quote from downrivertrader:

I just took half off at 2645. Will add some back once I get my barrings if warranted.

+126 Points
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my gawd, you guys are market WIZARDS! :D

I'm glad I didn't take the other side. Not yet. ;-)

DD
 
I am not convinced we are out of the woods on a move down yet. We should all be very careful. I see a lot of mixed probabilities.

One thing is for sure, we have a breakout coming and we will go one way or another, probably, could be that is....:p

2750 and 2795 next important wood to chop. Build value below the 2345 area and it may be down to 2150.

Tommorrow, tonight if we move up and get into the stops above 2680 the 1.2707 area is very important. If this holds I will feel better.

DRT
 
I tell ya...in looking at things. I would not get real comfortable with this long thing yet. I see a distinct possibility that once these stops are tripped above 2680 that we may reverse and head hard south. Be careful everyone.

Good trading.
DRT
 
Quote from downrivertrader:

I tell ya...in looking at things. I would not get real comfortable with this long thing yet. I see a distinct possibility that once these stops are tripped above 2680 that we may reverse and head hard south. Be careful everyone.

Good trading.
DRT
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I totally agree... we're heading up, no doubt that... then we're plunging like there's no tomorrow.

Up, then look for a crash again thru at least 1.2500.

Trade accordingly. ;-)

DD
1.2709
 
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