Added longs.

Cable Update (GBPUSD)

Will see if yellen says anything nutty here to break it up a bit..but more likely to be a quick small whip saw if anything at all before finding its way to current position.

Dragon Riders GBP/JPY

Took profit on the longs with very few pips..sitting here staring at this bullish flag and thinking maybe the false break to 148.36 before a shot to the sky is needed.. both bulls and bears likely want it..I have a pending long there and will keep ...

Dragon Riders GBP/JPY

Im not watching. Did he or no?

The Really Useless Thread

My reason for long is more focus on gbp long while I suspect a ranging jpy or 114 target.

Dragon Riders GBP/JPY

Makes ya wonder how they come up with crude projections. Only 5.5 mil off. Lol

The Really Useless Thread

A lot of hedge funds have been added to their dollar shorts..not closing them. That doesnt mean they are right obviously.. I mean 1.5-6 is easily a good retracement area for the trend.. in the long term.. to touch back on previous month highs seems ...

The Really Useless Thread

Yeah..im not complaining. Still plenty of money in the market..just discourages me from scalping on the 1-4hr now. Used to do well enough with that but prefer the daily as a minimum tf now with 4 hr for entries

The Really Useless Thread

The two fundamental ideas weighing me on euro usd is the nfp could be lower than expected BUT only as a result of temporary disaster with the hurricanes..not overall economic health..however..lower eur/usd could give ECB a chance to pull back ...

The Really Useless Thread

Anyways..eyes..and trades are on GU atm with three weeks of inside bars after the break up..down three weeks but no change thus far in BoE intentions to raise rates a little. Also looking at gbpjpy.. high risk has long in at.. primary has pendings ...

The Really Useless Thread

Heading into financial crisis im sure improved that volatility....speaking of which...I wonder if the volatility that use to exist will ever return. Liquidity just keeps rising so I tend to think not unless crisis situations occur.

The Really Useless Thread

Chose a lower entry here for R/R..but I do see 1857 before 1693 as a pretty good possibility..but I'd look to up that stop loss to 1730 ish for RR to be closer to 2:1 instead of 1:1..or raise tp to 1966-64. That's just me though

EURUSD only

H-..he..he just mentioned Spain.. in what context I could care less...but he mentioned SOMETHING related to fundamentals!! Ahh..that warms my heart. Glad to see you Teek!

EURUSD only

Indeed..but crude doesnt impact eurusd anything like it does ucad..and i didn't think yellen or draghi are speaking on monetary policy...unless you can correct me on that because im not certain

The Really Useless Thread

Might see 1737 again before a push harder. But a push higher is looking more likely with the close it had above 1766

EURUSD only

I wish you green pips always. Im sidelined on eu though I still favor longs for 1950 or more. My confidence and trades now are gbp longs.

The Really Useless Thread

Based on...technicals alone im guessing? Long term technicals point north on my chart..price action shows a large break of range up.. and on the weekly I see only inside bars in this down trend..I vote bear trap and still target 160 or higher.

Dragon Riders GBP/JPY

i still favor longs.

Dragon Riders GBP/JPY

there just isnt enough volatility in forex anymore to look too far short of the D1 in my opinion..i know people can make money scalping and what not..but its much easier to operate of d/w tf now days.

EURUSD only

it doesnt look bearish long term..and the weekly bears are just 3 indside bars yet..

Cable Update (GBPUSD)