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morning all short europe rallies whole europe equities and currency
eur usd : we are remaning in range till Wednesday na session (1.15-1.1730) a break of 1.1580-70 and 1.15 will be history
What’s happening Wednesday that will move things H?
EUR/USD, euro options
amounts:
1.1500 2.2bn
1.1565 1.1bn
1.1600 2.4bn
1.1625 2.9bn
1.1650 1.5bn
1.1690 1.7bn
Gotcha. I’m still not sure that we’ll see any range breaks just on the options though.
https://www.tradingview.com/x/3Xac2xlq/ watching USDCAD chart. Maybe a turn really developing since last friday’s bear candle. And long UJ at 20
https://www.tradingview.com/x/nqHcVf2i/ and selling on gold look resumed
https://www.tradingview.com/x/HOfIrk37/. there is the signal.
Morning folks. Busy Asia.
Sill long WTI`s. Took a couple of longs GBPNZD on Friday. See if they pay me today. as GBP is torn between a hawkish BoE and Brexit woes.
Getting ready for a holiday so I`m not looking to commit to much.
im short eurusd and getting absolutely canned! whats your tp on the eurjpy trade Horatio?
Ahoy jon.
I’ve been trying to build a longer term position in EURJPY. I’m a few hundred pips up here and keep taking some off and adding back on any rips higher. I’m keeping a core of 50% of my original position in play at all times. My eventual target posted here several times is below 121 …… we’re not going to get there quickly 🙂 hence my fiddling about with the trade within my short bias .
Good morning,
Small long EURUSD. Looking for a low 1.16 hold for a test of the 1.1700/50 zone.
Short USDMXN trimmed on Friday close. Looking to reload that bit closer to 20.50 if seen ahead of the election next week.
Bought AUDUSD @ 0.7420 this mrng. Looking for 0.7380/85 to hold for mid 0.75s
Safe travels
My BOE hawkish long in GBPNZD from Friday (1.9160) i have now closed as Brexit and other tensions seem to be surfacing and i didn’t like the way the chart was looking above 1.92.
So now i am back on the hunt for ideas as Monday starts, first one maybe a NZDUSD short (0.6960) if trade tensions will remain as i don’t believe we have had China’s response to Trump’s latest batch of comments and i am pretty convinced the RBNZ will remain more Dovish but whether or not it matters, we have fallen a long way already over this year in NZDUSD so maybe a shorter term trade there this week.
EUR and GBP have become very foggy for me, so for now I’d rather wait for a clearer direction/driver than stab around at levels for no reason in either direction in the hope i pick the right one.
Hope everyone had a great weekend and have a good week 🙂
That BOE bounce is slowly bleeding away isn’t it? That 1.3220 level I highlighted last week has done its job.
Yeah seems the buyers are not being as aggressive as before like in to the May meeting which logically makes sense to me and maybe they are trying to avoid a massive disappointment like last time. It all feels a bit heavy and pressured from above again now imo, since that 1.3320 level like you said.
Closed half of USDTRY shorts 4.565
Started shorting this pair around two weeks ago and it gave me a lot of pain initially but turned out great in the end.
Added some more shorts 4.605 just now
closed everything 4.598 dont like this PA. I’ll wait for a better entry
Nice trading Marek. The PA might change now the election is out of the way.
Thanks Ryan. Reentered 4.665 with a small short. Hoping for an opportunity to get into USDMXN as well.
short UCAD 1.328, long ECHF at 1.15, long Gups 144.95, still long term short NZDCAD long AUDNZD long GBPCHF plus in n out of a long DAX. Closed the UMXN short around 20 on friday, looking to reload if it goes up
hi, 5mafia. i’m shorting usdcad at 80 too…
Morning traders
Not much on my books at the moment. Like K and 5Magics, I cut some of my USDMXN short at 20.05, as this was the area we discussed in the live room as where we’d take some profit. The 20 level was always going to be big, and so we see it held. The election risk might see it rise again and again, like K, I’ll look to reload into 20.50. I may even decide to cut a bit more today depending on the PA. I still want to hold this position for after the elections and possible NAFTA agreement but I’m not going to miss taking good money while it’s there.
Good luck today folks.
Mexican Peso? interesting
Holding shorts in USDJPY – EURJPY hoping for medium / long term gains.
Out of the Asia trade scalps posted on the live blog with some fair/ decent gains.
I’ve tried a short EURAUD at 78 and a touch out the money so far. Patchy moves in this session. I will post any scalps here or on the live blog if I see anything . Still a scalping 2 way market on most- so looking for smaller wins and tighter stops .
Oookay… seems like euro is kinda turning bullish… for eu what will be the main resistance for this move… anyone can guide?
You probably wanted a reply from somebody more experienced than myself, but if it’s worth anything my next personal level/zone i have is 1.1720-40. If that’s any help i don’t know but it’s what I see personally as the next hurdle above.
Thanks Jack. it does help. cause i have not a clue.