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- finswin56 replied Jul 29, 2008
I sure hope not!
I don't see why not though, as long as it doesn't break through .9520, which it's been having a difficult time with.No Brainer Trades
- finswin56 replied Jul 29, 2008
Things are starting to correct. The day should finally be exhausted... Don't worry, I don't think any of the major levels that got hit today held up well. My AUD level of 9507-9500 did hold, but still hasn't had a decent bounce.
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- finswin56 replied Jul 29, 2008
Good stuff. Not feeling so hot about my GBP "No Brainer" at this point, but we shall see.
No Brainer Trades
- finswin56 replied Jul 29, 2008
I like from there to 1.5628. My only reservation is that it's not much of a ret. if it starts now. From a bigger picture, the 1.5800 level is right about 50% now. Along the minimal ret., but very strong level line of thinking is the 1.0406 level for ...
No Brainer Trades
- finswin56 replied Jul 29, 2008
thanks. I'll let you brave guys take those. I barely have a clue about the main pairs.
No Brainer Trades
- finswin56 replied Jul 29, 2008
We've hit at least a few posted No Brainers. None are moving the right direction, yet.
No Brainer Trades
- finswin56 replied Jul 29, 2008
gotcha. I don't know if it's emotion or not. I've started to expect huge swings from Sterling and it's crosses. Just seems to be their way.
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- finswin56 replied Jul 29, 2008
Seeing the same thing here. With today's big moves, there should be some pretty decent pull back spots.
No Brainer Trades
- finswin56 replied Jul 29, 2008
How's that? IMO, this move is long over due. The UK keeps talking tough, but their data is consistently weaker at every turn. I'm trying a long at 1.9800, but they could be in for a big drop in the not so distant future.
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- finswin56 replied Jul 29, 2008
Yeah, I'm long there. Think I'm okay, unless this is just a resting spot. Not getting much of a bounce, but gold did bounce from the mid $914's. I'm not expecting No Brainer results, but I do think I'll get something here.
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- finswin56 replied Jul 29, 2008
EUR just made new lows, but touched off TL dating from 02/07 of this year. Shot right up. IDK if it can hold off for long. It's all about oil
No Brainer Trades
- finswin56 replied Jul 29, 2008
It was pretty used and abused as of late. For the AUD, I'm looking at this 9507-9500 area. Hope it holds, but USD sentiment seems pretty strong ATM
No Brainer Trades
- finswin56 replied Jul 25, 2008
Well, I don't think we'll see that 1.5800 level for the EUR any time soon. I was pretty excited to sell there again, but three for three on the better than expected US news, and dropping oil should seal the top on this pair for a while.
No Brainer Trades
- finswin56 replied Jul 25, 2008
Looks like I missed here by about 13 pips. So, I would probably take that off the table and look for the end of the ret. Not sure if it's been posted, but 2.0004 looks about right to me.
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- finswin56 replied Jul 25, 2008
Awesome call This pair still scares me too much, but I think the next support level should be between 2.0436-2.0420. I think 36 is the better level...
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- finswin56 replied Jul 24, 2008
Kiwi — This one is still a bit off, but the way this pair is sinking it may not be that far off. Long .7271. I'm hesitant to buy fundamental wise, but this would be far enough from the initial drop.
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- finswin56 replied Jul 24, 2008
FWIW every expert and blogger out there had been long on this pair expecting it to blow away the highs. If we get below 1.5600, I think it will fall like a brick.
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