Shorting Euro.

[dfxtrader]

Just wondering outloud..

Anybody shorting Euro, GBP and longing JPY,CHF.

Rustytraders is and as I look at the daily charts... I think the trend for a stronger USD is starting.

Besides the 1/2 hour MACD has crossed over to Short EUR so I am looking to cash in on about 45 pips or more with a tight trailing stop. I've put a stop of 15 pips from the high of the last 3 hours.

Hope to hear from you. Maybe TC got other ideas.

Dfxtrader

[CentralVenus]

My guess is that you are right but I haven't got any good signal yet, so haven't placed the order. We'll see though Good luck

Barry

[Isamu]

Well here's my two cents,

I would agree, on a 30min with MACD and the EMA's are about to cross it looks like it. Short the EUR and long the CHF.

This is just what I see, but then again, I seemed to be getting head faked a lot lately.

But am still watching it.

~isamu

[fourstar]

Been SHORT EUR 1.0792 since 17:30 EST...

This Asian session is sooo boring !! See ya in a couple of hours...

[globalwealth]

head fake.....ouch!

[dfxtrader]

Thanx guyz...my sell stop is actually 1.0771 so no reason to worry about a head fake yet.

However the asian session is weak. Anybody know why?




dfxtrader

[CentralVenus]

I know it's Chinese New Year. Maybe that has something to do with this weak session. Just a guess

Barry

[jpygbp]

Ok, with this weak session, I am wondering if anyone has a good way to tell which signals to take and what kind of confirmation signals that a session will be good?

I can find the normal macd and emva, dmi type of signals in almost any market timeframe. How do we know when the signals will work and when they will not?


Perhaps there is no way to tell but I know someone out there is not making these mistakes that I am?

any thoughts?