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- Ozefex replied Jun 8, 2012
Yep, this one is difficult at the moment. I've been short for a few hours. Although it's sitting around consolidation, I'm still betting it'll go down. Just love paying that rollover...
- Ozefex replied Jun 7, 2012
[quote=drzeepfx;5737373]Good Day, ... quote] Certainly was!
- Ozefex replied Jun 7, 2012
Could've gone the other way if the unemployment figures were worse. You're right though, JPY pairs are different.
- Ozefex replied Jun 7, 2012
I'd say you are ok now following US employment claims being better than expected. Has lifted USDJPY above the consolidation area so maybe it'll continue. Not much reaction on USDCHF yet although USDCAD has pulled back a little. (edit: yeah, I ...
- Ozefex replied Jun 7, 2012
I considered your trade before I took USDCHF but they appear much the same. Depends on continued USD weakness. The daily charts show a potential fall for a week or more. Will have to see how they develop but UC could be good for another 150 pips if ...
- Ozefex replied Jun 7, 2012
USD Pairs — I still wasn't comfortable with my buy on USDJPY given the USD weakness against other pairs so closed at a small profit. Entered short on USDCHF @ 0.95420 (perhaps a little early given it was sitting on support). SL @ 0.95550. ...
- Ozefex replied Jun 7, 2012
USD Comparison — Hugh, I followed you in on the USDJPY trade today after checking the daily & hourly charts. I was a bit concerned with the apparent resistance showing on the 4 hourly and a pullback from that, but now it is looking good. ...
- Ozefex replied Jun 7, 2012
I initially thought "short" when I looked at H4 & lower time frames. Think I'd wait for at least the next H1 before deciding.
- Ozefex replied Jun 6, 2012
Agreed, good trading. I've been having the problem of work interrupting my trading & analysis lately so have given back last weeks profits... Got to get back to the basics again. Some good things happening here HB.
- Ozefex replied Jun 4, 2012
EURAUD — I'm not sure this pair is a good trade at the moment considering both currencies are weak against the "safe haven" USD, JPY, etc. You might get a short term (long) trade out of it but not sure if this will last. Just my initial ...
- Ozefex replied Jun 4, 2012
Hope you're okay on this one as it's heading back to 1.2450 at the moment. The UK bank holidays must be having some effect on the market due to reduced liquidity. I was wating for 1.2450 or 1.2500 for a short based on the 4H chart and have only just ...
- Ozefex replied Jun 3, 2012
Thanks drzeep. @ahmedradwan: See post #897 & look for pipware charts. This indicator has a lot of parts that I do not use. The source code cannot be modified so you have to edit it as you apply it to your charts to get the type of indicators you ...
- Ozefex replied Jun 1, 2012
No question about the down trend! EU @ 1.25000 would only be a minor pull back and opportunity for new short. Might not even make 1.25000. 1.24500 will be good enough. I haven't analysed the numbers, but EUR was down against the USD & USD was down ...
- Ozefex replied Jun 1, 2012
Next Week — FXCM talking about a possible short term retracement after the NFP release and spike up. Should provide a good short entry position next week, perhaps around 1.25000, but could easily be a bit higher or lower - I'm guessing this is ...
- Ozefex replied Jun 1, 2012
Very nice entries there. That's really stress free (well as much as you could expect...). Result is damn good too.
- Ozefex replied Jun 1, 2012
Thanks a lot LL. Will have to have a look at this. Regards, Ozefex.
- Ozefex replied Jun 1, 2012
Drzeep - Great trading! Now just repeat that next week...and next week... I've had a good few days so now have some tight stops on EU and have closed out a few AU & GU shorts. Have mostly tried to add to positions while moving stop losses along as I ...
- Ozefex replied May 31, 2012
Trailing Step EA — I had a look at the code for this one & a couple of others and couldn't see how they worked. Also tried to search for a solution without luck so far. It's good that people make these things available, but I wish they would ...
- Ozefex replied May 30, 2012
My AUDCHF short is looking okay, but has bounced off support at 0.94000 (round number levels again). Looks like it should penetrate this level so I'll let it run.
- Ozefex replied May 30, 2012
So I got brave & decided to post this one - my weakest position at the moment. Traded on the H4 with reference to daily & weekly.