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Entered a EURUSD long 1.1526 along with some of our trading room cohorts.
Maybe book half soon ….more to follow
morning alll
i dont know why people still calling me names unethically matter of fact it is the second time this week my pc gets hacked and hard disk fried dont bother i dont use this pc for trading 🙂 ,,if the goal to defer me to comment on forexflow i wont stop supporting the brilliant guys over here ..if your jealous that i am better grow up ..and i have a big surprise after 30 days to announce to forexflow guys and to trading world …
back to trading
2 terms ill introduce to the newbies and traders not familiar with :
1-quadruple witching :
witching refers to an expiration date that includes stock index futures, stock index options, stock options and single stock futures. While stock options contracts and index options expire on the third Friday of every month, all four asset classes expire simultaneously on the third Friday of March, June, September and December.
and for this i expect range trading for the next 3 weeks some choppy and some narrow very narrow
2- mean reversion: and thats i always emphasize on time frames and why duration remained in range explained in the pic below
……….
as for eur usd : remain for longer under 1.1633 and a drop for 1.1394 will occur be aware longies
a daily close above and 1.1760 the target and thats it https://uploads.disquscdn.com/images/baacf9bd84b93436ecd58cae2d1dfb0cdf5c8cb3d453fb987d9aab2eb2d4faf0.png
https://uploads.disquscdn.com/images/9361eb8b9e63d8a819e1f32992377cd96283738f911313d7a68e0b89aa907d91.jpg
Hi Harry, Have I missed something. I go on holiday for a few days and everyone seems to have abandoned Forexlive.com Did something happen that I am unaware of?
no just became full of trolls and wannabes …here everyone respect everyone
Thanks Harry, Hopefully I will be welcome ;(
of course dear william the moderators here are very friendly and appreciate evey single one
cheers Harry, now the the business in hand US ADP
You’re very welcome William.
Great to see you my friend
Did you bring some beers William? Anyone who brings beers is welcome. 😉
Always beers at my place, As a Scot I am partial to a wee whisky as well ;>) In fact I took a picture the other week, friday night after trading in the local pub https://uploads.disquscdn.com/images/4dfdd948345ba3f521907fea67d8ae2f61872ae98101c62d20c43006f65742b3.jpg
Now we’re all jealous and thirsty.
I’ve taken so much stick over my shirt in my profile pic from Ryan and the boys and girls in the trading room . So happy to meet another groovy shirt lover 😉
Morning Dubsy 🙂 nah ignore the jives Dubs, only the best strikers have the best shirts 😉 and I personally always loved Hawaii- five- o 🙂 Have a good one atvb Chris
Hahaaa ! .. You’re a rottor Chris 😉
Come on Chris, it’s a right eyesore that one 😉
This one is quite modest, Wait till you see my Groovie sixties shirt and my Harry Hill shirt. The wife walks five steps behind when I am wearing them. hehe….
And there was me thinking it was because of my effervescent scintillating yet understated personality Harry ?
yes yes of course that’s is big part of the success lolll you made my day big h
Morning Harry, thanks for that. And nice education piece! Keep up the good work mate
Kept my jpy.nok 0,0763 and chf.nok 8,33 shorts from yesterdays go with the flow..Got to pick up some eur.chf under 1.14 but cant make up my mind if i believe the markets are reassesing euro problems or just taking a “breather” here and will go full tilt after a headline or two from italy or trumps back and forth on trade,NK,China, nafta or whatever else he loves one day and hates the next..
Hi Stefan, I trust you saw the Jordan headline this morning.
I guess we can assume that barring much more negative news, the SNB boys won’t be far off. EURCHF responded pretty quickly :
“SNB’s Jordan reiterates view that FX market remains fragile; need to continue with negative rates and FX intervention ”
I’ll be looking to get into a CHF short again soon. CHFNOK look like a nice candidate indeed or simply EURCHF of we get it close enuf to 1.14
Nok got some serious punishment yesterday…especially against jpy (2+%) for no other real reason then being a small country in a world thats getting scared..
Swedish bnp came in better then expected so SEK is running hot today also.
Still like the SEK myself too tbh
Good moaning.
Well that was a decent jump late last night on usd jpy. Had a healthy profit then checked my phone and it was considerably less. Can’t moan too much as it was one of those days where everything came in. 7pm would have been the perfect time to exit but I was working so yaboosucks to that.
So, still shorting eur/usd and usd/jpy. Re-entered on those. Still short Dow. Cashed out one of the positions, still have 2 running. If Italy sorts itself out, as it always just about does, then it will be a relief rally on the Euro. Great place to short as we will be back on fundementals and they stink.
Have a great day peeps
Good morning all
A bounce back in risk but we’re far from out of the woods just yet.
As per the late post yesterday, I’m long EURUSD down below at 1.1542 and looking for good news out of Italy. That view is still in the balance and we’re still getting plenty of headlines. This Italian trade will come good if we get news that the government is to be agreed and Savona is dropped. The jump so far looks purely some relief after a wild ride yesterday.
The levels I was highlighting yesterday are still in play. They include 1.1600/20/40. Remember though that they’re potentially just minor levels so if you’re leaning on them for shorts, don’t give them too much room.
Also, a reminder to be on watch for some month end flows and some Buba action.
Just a quick note too, German regional CPI data is rolling out and the first number from Saxony was very strong.
Have a great day all.
Good morning,
As per liveblog last night covered shorts on the EURUSD and EURJPY for now as Di Maio and Salvini looked to be back tracking. This comment ” Italy League official Siri: Reiterates view that party still wants Paolo Savona in a position with any coalition govt with 5 Star – Says Giorgetti could be PM ” doesn’t confirm this but looking at the pa, I’m ok to job it rather from the long side for a bit( bght tiny at 1.1570 waking up), also with the month end flows in the back of my mind.Also German and Spanish CPI are getting a lift, we may see some more short covering of EURO today.
But as I said before Italy is not the only stress factor to the EURO. There’s Spain, the US-EU tariff deadline in the mix to, so relief rally on Italy yes, but for how long is the question?
That could mean Thursday to be a big day. Month end, tariffs and the next day a possible vote on Rajoy….
I did also cover the short USDJPY while going off the bed @ 108.45. As a result I’m open for business any side of this. And looking at the month end expectation, selling a rally (after some relief?) and buying it back into the fix could be something I look at.
SNB Jordan was on the wires reterating his interventionist and negative interest rate comments taking EURCHF back up from the danger zone. I’ll be looking to sell CHF rallies again barring disaster news.
Stay safe and happy hunting
German and Spanish CPI’s are beating expectations, German unemployment at historic lows, Spanish CPI a beat. SNB says they will continue with their policy and month end flows which should be USD selling. This EUR relief rally could take shape. I wouldn’t exclude a 1.17 print unless Italy strikes again.
Which it just did: Salvini keeps the call for elections “soon” . ” Does not see chances to form a coalition government at the moment” …. EURUSD capped above 1.1600 and me out of longs again, sitting on the dock of the bay
K-man, where is the live blog ?
Click on the home page on the banner above
Hello Conor, please select the “home tab” top of the page to the left of present ” flow news” tab.
Im looking to go long EURCHF on anything below 1.15
Went long yesterday 1.138 and 1.143 but closed 1.15 now.
Other than that, Im still keeping remaining 1/3 shorts on WTI
Still think USDTRY shorts have good potential even though it dropped like a stone since yesterday already. Perhaps if we get good data in US today I will reenter.
Great trading Marek.
Cheers, last two weeks have been really good.
Are you in on it ? (474 when typing).
Just entered 1.1470 with a small long
I’m with you (468) !
And sitting on hands once again.
I am out as well at 1.1520
Morning feeling like the weather here is like the market today grey and cloudy, I am a bit mixed now with good EU data, a rally plus i feel in limbo between full risk off and something else maybe neutral. I know any trade a may enter would be a total guess so I’m going to wait it out a little. Though if this rally extends in EURUSD i feel 1.1640/50 should stop a further rise for now so would be willing to short with a tight stop at 1.1668 depending on developments.
Have a good day everyone 🙂
I think we’ve got a little battle going on now in EU between the better data and negative Italian news.
Yeah, usually i get a feeling when a clear driver is in place and wouldn’t hesitate to buy or sell but it is not there today that’s for sure
Agree. This is when you need patience to sit on your hands until a trade presents itself.
Morning, (mini) turn around (as expected), managed to grab a little ride on EU and a (even smaller) one on GU.
Ideas ? Uhm … spotting Italy headlines timely I guess.
Well, Ars Gratia Pecuniae
THIS IS Just a appetizer/starter really:) USDCAD tasty entrée to look at..
CAD bounced off the bearish TL (3047) yesterday, second bearish TL at 2975 and CL is going sideways atm. Do not have a clear picture on that one to be honest.
i told him he will come sleeping now
Someone stole his avatar ?
nothing i know off .. he will join soon
BTP BtC 1.48 (highest since 12-17), re-entered long EU (607).
hmm…I got a good entry in nok.jpy yesterday that has been running nicely with todays italy news but i cant seem to make up my mind of levels i want to put importance on..Anyone in the same trade or has a view on this one and what levels you would keep a keen eye on?
trade update : this is a fake euro rally ill sell the rally full size on this euphoria …dont feel bullish matter of time and the sell of start
Selling now Harry?
no not yet if couldn’t break past 1.1640-50 and i am selling
Just back from a short visit to the other site of the street …
Given the WTF’s !!! & FU’s Poloz seems to have made some victims more o_O
While I greatly appreciate your freedom to visit any site you like, if possible, I’d like to avoid getting into anything that might turn into a slanging match, if you get my drift. Feel free to comment on stories and posts from around the interwebs but let’s leave it at that please, and not get into what other site users are doing. ?
?.
Ok, I’m getting that (I’m getting that anyhow).
Except that in the context with my comment I do not get your point (it was strictly functional to the BOC decision).
Well, doesn’t matter, I will keep it in mind anyhows, no problem.
No problem my friend, it’s all good. I didn’t mean that to come across too strict, and I appreciate your understanding.
I had/have no problem with your comment/observation to begin with.
There is/was indeed a chance (the way i posted it) that
it could cause some issues.
Except that i didn’t realize it when posting.
Now I’m intrigued ..
Could u message the comments to me?☺️
No, and nothing to be intrigued about.
Obviously some CAD traders went (very) long UC,
ante BOC statement (expecting a dovish tone).
And post BOC (with a very hawkish tone), those same traders found themselves (very much) under water. Thats all.
kudos ?Ryan..