It's All About The Pips...

[danarm]

Ahhhh the London Open is misbehaving... I need to be patient here.

EURUSD and GOLD look so set for a fall.

Patience is key but need to watch this USD.

D

 

[danarm]

With Crude stuck at 103.50, i think the market is a little lost.

If Crude breaks down look to sell through 103.00 and likewise if it breaks the 60min 20ma there should be a play north.

Mmmmmm come on...Give me direction

 

[danarm]

Ok i am going to hold and look for 60min 20ma's as resistance in EURUSD and GOLD...

CABLE i still like and going to watch this carefully.

This happenes and you get days like this...Plums!!!

Patience..Not going to panic but enjoy my coffee.

D

 

[danarm]

Ok i am out of EURUSD and GOLD...

Thats 30 loss in EURUSD and 40 in GOLD.

Not a disaster but still annoying.

The market does that sometimes and orders come in.

The CRUDE did it with the lack of momentum and should have waited for it.

D

 

[danarm]

Ok been kicked into CRUDE at 103.65, on break of 60min 20ma as said earlier this am...

Need this baby to run for me.

D

 

[Stuart14]

I've gone short USD/CHF, looks like the largr down trend kicking back in.

 

[rossobonks]

Patience is the allways the key first thing in the morning Ifind.

Look forward to getting up and reading the threads from you guys gives me so much more inspiration.

Keep it up Dan n Le pimp..

D

 

[danarm]

I've gone short USD/CHF, looks like the largr down trend kicking back in.

Personally i would have waited for the break of the daily pivot and monthly pivot on the downside.

 

[danarm]

Patience is the allways the key first thing in the morning Ifind.

Look forward to getting up and reading the threads from you guys gives me so much more inspiration.

Keep it up Dan n Le pimp..

D

Welcome...CRUDE looking good... Needed that

 

[rossobonks]

Ok been kicked into CRUDE at 103.65, on break of 60min 20ma as said earlier this am...

Need this baby to run for me.

D

Dan

What is your t/p on oil this morning, or is it a case of pull out when you feel the price starts to loose momentum? Anyway nice trading a cool 100 pips in the tin all ready!!

D

 

[danarm]

Out of CRUDE for 100 pips... Now 30 up for the day... Sweaty forehead!!!

D

 

[Stuart14]

How do I determine the daily pivot?

 

[danarm]

I've gone short USD/CHF, looks like the largr down trend kicking back in.

Dont get me wrong i do like USDCHF lower i just look for an entry.. My 5min hasnt given me that as yet but will do soon.

D

 

[danarm]

How do I determine the daily pivot?

Hi all

If u need indicators then pls skype me...Address is under my profile.

D

 

[gamma]

With Crude stuck at 103.50, i think the market is a little lost.

If Crude breaks down look to sell through 103.00 and likewise if it breaks the 60min 20ma there should be a play north.

Mmmmmm come on...Give me direction

I don't trade oil but which contract are you looking at
On my cmc platform the dec contract is showing 107.

 

[gamma]

Dont get me wrong i do like USDCHF lower i just look for an entry.. My 5min hasnt given me that as yet but will do soon.

D

Also a bit puzzled on the USD/CHF trade

If dollar is getting stronger than then usd/chf should be rising taking into account the relationship between swissy and gold, as gold appears to be going down
Would like your views on this subject
thanks

 

[options]

I don't trade oil but which contract are you looking at
On my cmc platform the dec contract is showing 107.

To add to that.

Any reason why preference for brent over us light crude?

 

[gamma]

To add to that.

Any reason why preference for brent over us light crude?

I suppose that answers my question really.

 

[JTrader]

Is 6 pips a good spread on both WTI Light Sweet & Brent Crude?

What about a 0.5 point spread on gold rolling spot?

If not, what better spreads are available & where?

Cheers.

 

[danarm]

Is 6 pips a good spread on both WTI Light Sweet & Brent Crude?

What about a 0.5 point spread on gold rolling spot?

If not, what better spreads are available & where?

Cheers.

Hi

Yeah thats about right for WTI, Brent and GOLD.

D