Payroll Turd Polishing

Nov 14, 2004
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watford
#82
Think I might do the unthinkable and change my stop! Might move Euro to 1.3225 resistance as I am hoping it will reverse later today and do't want to get stopped out. I think it will be a day a volitilty today..... Up n Down like a brides nighty
 

G-Man

Active member
Feb 26, 2003
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#83
G-Man said:
My money is on 251, and a big push for the dollar. Cable just staying above support at the moment, (19050-60). We could see 18900 if the numbers are big enough.
Looks like I got that one wrong then!!!
 
Nov 14, 2004
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watford
#85
Anyone entering a trade at this point or are we just monitoring existing trades. Going short on GBPUSD if it hits 1.9225 - not long to go! Anyone else going against the trend ?
 

G-Man

Active member
Feb 26, 2003
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London
#87
affirmer said:
Anyone entering a trade at this point or are we just monitoring existing trades. Going short on GBPUSD if it hits 1.9225 - not long to go! Anyone else going against the trend ?
Also have a short order at 19220. Will have to see how that one goes.

As an aside, I have a test auto execute program running on IBFX which has posted some good gains since the NFP. Shame I can't swap those results for live.
 
Nov 14, 2004
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watford
#88
Its been one of those annoying afternoons. I wait for the data to be released so as not to get stung by swings....enter my trades and make £1500 on S&P £450 on DOW but I'm losing £2000 on the euro!!! SO 50 quid down at the moment. I am hoping the dollar stregthens quicker than the indicies weaken from their highs
 
Nov 14, 2004
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watford
#89
G-Man said:
Also have a short order at 19220. Will have to see how that one goes.

As an aside, I have a test auto execute program running on IBFX which has posted some good gains since the NFP. Shame I can't swap those results for live.

I always use to think that on my demo account - but as soon as I went live it all changed! I didn't run it long enough to bulid a big picture. How long have you been running the auto execute on IBFX?
 

G-Man

Active member
Feb 26, 2003
243
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#91
affirmer said:
I bet the £ tumbles now having not hit 19220 for you or 19225 for me!! - looks like some consolidation is starting in the Euro aswell now
Looks like a bull flag now. Stopped just short of 19250.

Weekly high at 19260 in view now.
 
Nov 14, 2004
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watford
#92
Did you cancel your short? I seems overbought for the day though - RSI is through the roof. Where is it going for the rest of the day? I'm still surprised it didn't go the other way after the data
 

G-Man

Active member
Feb 26, 2003
243
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London
#94
affirmer said:
Did you cancel your short? I seems overbought for the day though - RSI is through the roof. Where is it going for the rest of the day? I'm still surprised it didn't go the other way after the data
I usually use a 14 period ADX as a momentum indicator and that is high over 52 on the 15min, but It can go higher yet. Unless there is another push from the euro desks now I think the top is in. Famous last words though...........
 

tradesmart

Well-known member
Aug 24, 2002
1,286
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Peel
#96
I'll go for a Hurricane cleanup induced blowout at 355, 000, but acknowledge that I could easily be 200k out, but closer than most economists.....

How does one guess the unguessable....?!!...... :LOL: