What Are You Watching Today ?

[MightyMouse 12]

I am long gbp/jpy @12995... currently -20 pips or so. TP 13090.

 

I had a nice gbp/chf long yesterday, wouldn't mind taking another if given the opportunity.

 

Standing aside on Euro at the moment. I have an opinion on what's been bouying the Euro... don't know if it's valid... I don't know enough fundies or economics.

I will post on it later in the eur/chf thread. maybe someone can give a little insight on it.

 

Nice cliff hanger. Guess we'll have to watch commercials until you come back.

[Obsidian 10]

trade of the year award goes to....shorting EUR/GBP

[Mysticforex 13]

Short of the year goes to....................

[Obsidian 10]

aud/nzd weekly chart

thinking of longing again if it pulls back around 1.27

[Obsidian 10]

Hopefully, the Euro is breaking down. I have been short for almost 2 months. I still firmly think money is going to flow out of the the EZ and into other more stable currencies. Superficially, I do wish I chose the eur/gpb instead of the the eur/usd, but I am not comfortable with my understanding of the British economy.

 

eur/usd trading at 1.3016...looks like journey to 1.29 is about to begin

[Mysticforex 13]

Today ( 5/06 ) is the 2nd aniverary of the "Flash Crash".

[Obsidian 10]

Market moving news:

Greek left coalition leader Tsipras says Greece's bailout pledges are null and void after vote

Greece's Tsipras says wants coalition government of leftist parties

Greece's Tsipras says wants banks under state control

Greece's Tsipras says wants international commission to investigate if Greece's debt is legal

-------

 

Greece's debt is illegal??

[Mysticforex 13]

Market moving news:

Greek left coalition leader Tsipras says Greece's bailout pledges are null and void after vote

Greece's Tsipras says wants coalition government of leftist parties

Greece's Tsipras says wants banks under state control

Greece's Tsipras says wants international commission to investigate if Greece's debt is legal

-------

 

Greece's debt is illegal??

 

Greek Stocks at 20 year low.

[Obsidian 10]

eyes are back to eur/aud

[Mysticforex 13]

I have been watching gbp/chf. It has been moving counter to euro/usd., probably due to

artificial support imposed by the SNB.

 

A week or two ago I mentioned I was looking for a daily close above 14800. Well that has come and gone, today we have just about cracked 15000. If we see a daily close above 15000 I will start looking for a medium to long term TP. As yet I have just been scalping.

[Obsidian 10]

aud/nzd...like a turtle...

[Mysticforex 13]

Aside from scalping gbp/jpy, still very interested in GBP/CHF.

 

On a close above 15000 on the daily I will be looking to go long to 15180.

 

Then short a retrace on the 1 hr to 14850.

 

Attached Daily:

[Obsidian 10]

aud/nzd...like a turtle...

 

I was thinking of closing this position at 1.2920 but weekly looks bullish, so going to close 1/2 now and move sl to entry..target for the rest is 1.3020

[Obsidian 10]

the market is back to "hope" mode...u.s. will be sold till eu summit...

meanwhile I will be keeping an eye on the aud/nzd for future opportunities...

jpy crosses look interesting...though I am not going to touch to jpy till Wednesday. Want to see if BoJ got any other magic tricks...

[Obsidian 10]

GBP/AUD Weekly...

will be looking for 1.69

with a stop around 1.5850

[Mysticforex 13]

GBP/AUD Weekly...

will be looking for 1.69

with a stop around 1.5850

 

I like the look of that. I have traded G/A from time to time, can be quite volatile

[Obsidian 10]

we may visit 1.2850 if can't pass 1.3050...gonna watch these levels for a breakout...

[Obsidian 10]

EUR/AUD...back to 1.2580? going to wait for a close below 1.2770

[Obsidian 10]

this looked good...so I am in:

(also shorted eur/aud yesterday)

[Obsidian 10]

this looked good...so I am in:

(also shorted eur/aud yesterday)

 

status update on gbp/aud....

stop moved to 1.5900

[Obsidian 10]

EUR/GBP may continue to be bullish till 0.8150 and 0.8220

[mohsinqureshii 10]

I just enjoy and cash the EUR/USD rallies. Short term trades are very useful. Just wait and short it on high. Market direction is very Clear,.

[MadMarketScientist 11]

Looks like the Gold trade is on ... I'm thinking we've hit bottom and this is a start to a new trend up

 

MMS

[Obsidian 10]

I guess that is right...till Greek election we may be around the bottom....

[Obsidian 10]

usd/jpy is worth watching. if it can break 80, things would change