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

Discussion in 'Forex' started by chinook, Aug 16, 2004.

  1. 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.
     
    #1911     Nov 12, 2004
  2. Confidence figures in 12 minutes - this should probably resolve the dead-lock
    edit: 14:50 GMT
     
    #1912     Nov 12, 2004
  3. I'm down to 1/3 before teh #s...
     
    #1913     Nov 12, 2004
  4. 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...
     
    #1914     Nov 12, 2004
  5. 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
     
    #1915     Nov 12, 2004
  6. 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.
     
    #1916     Nov 12, 2004
  7. 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.
     
    #1917     Nov 12, 2004
  8. 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 :)
     
    #1918     Nov 12, 2004
  9. V-Viper

    V-Viper

    Still with my long that was at 1.900 :D Still think the market got more to give.
     
    #1919     Nov 12, 2004
  10. 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.
     
    #1920     Nov 12, 2004