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Old 03-04-2007, 23:09   #5049
golhuntsleep
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Re: Sell Eur/Usd

congrats......always nice to wiggle off the hook! How ugly would those hedges have been..........
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Old 04-04-2007, 04:50   #5050
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Re: Sell Eur/Usd

Hi

Whats new on eurousd guys? It fell down to the diamond top. Seems that we have to keep waiting for the move up..right?

I was trying to analyze usdchf. Summerset anyone would you comment on the picture Im attaching? Just for my education purposes.
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Old 04-04-2007, 05:23   #5051
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Re: Sell Eur/Usd

...so with the above pic in h my trade would be to short usdchf if it breaks below 1.2155 or wait if it doesnt go up... eventually i would short usdchf long eurusd which is now building on the top of the diamond (as described by Summerset) preparing for the sharp move up... does it make sense or am I making a fool of myself?
I would rather short usdchf since the CCI indicator proposed by Summerset still points south on weekly monthly charts while euro is tring upwards.
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Old 04-04-2007, 07:10   #5052
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Re: Sell Eur/Usd

Hi Mister-78

For Eurodollar please revert to http://www.moneytec.com/forums/f128/...tml#post221306

For Swissdollar I would short 2210-20 with SL 2265 instead of shorting 2151

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Old 04-04-2007, 07:30   #5053
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Re: Sell Eur/Usd

Hi Summerset! Thanks for the link!! Im Bart not any mister just that I ve had this nick since 2003 on this forum (but only now started to add posts)

Thanks!
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Old 04-04-2007, 08:23   #5054
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Re: Sell Eur/Usd

SELL usd/jpy..........................target..............1 18.09
BUY gbp/usd.........................taget................9 859
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Old 04-04-2007, 09:29   #5055
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Re: Sell Eur/Usd

GBP/USD

Ive traded South so far today for modest gains however I was hoping to hit 1.9700 area. Anyways I think I will close the shorts soon go long in preperation for the GBP interest rate announcement tomorrow.

Quite a bit of speculation there may be a rate increase. I will close the longs just before they announce the interest rate (playing safe!). I hope the mere speculation about the increase will see traders getting in early forcing price north.
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Old 04-04-2007, 09:37   #5056
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Re: Sell Eur/Usd

el duende I would trade gbpusd north. Its a good moment to enter with target 9840 9880-9900. Why should it go south?
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