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- Crassius replied Jan 29, 2013
Take profit order set to book half of remaining position at 3523.... will let the last 25% of original position ride. Although I expect a quick jump once 3500 is breached, (most likely Wednesday) there are additional option barriers at 3525 and ...
Euro/Dollar
- Crassius replied Jan 29, 2013
I would rather not break 3500 now.... We would get better follow through in European/NY overlap session..... Cancelling add order at 3505... for now just going with the 3430 entry from this morning....
Euro/Dollar
- Crassius replied Jan 29, 2013
Agree...All we need is one print at 3500 and the door will be open....
Euro/Dollar
- Crassius replied Jan 29, 2013
I'm sure they are down here in the 3460's buying back as much as they can without goosing price too much.... and they'll throw it all back us in the 90's....
Euro/Dollar
- Crassius replied Jan 29, 2013
It wasn't enough to overcome deep pocket sovereign interests defending a DNT option.... not on the first attempt.... We either will chip away at them or better yet, a fast money move will cause them to pull their defense.... I prefer the fast money ...
Euro/Dollar
- Crassius replied Jan 29, 2013
C/ommon.... somebody start a rumor.... something like S&P to downgrade USA.... that's one everyone else uses to pop price through a tough level...
Euro/Dollar
- Crassius replied Jan 29, 2013
I hear cash register's ringing on the wind
Euro/DollarGBPNZD eh? So that's why you've been test driving that Ferrari 458?
- Crassius replied Jan 29, 2013
Stop loss moved to break even on this morning's fills... If we get all the way back there, I want to see some bars draw out to get a handle on where we are in the larger uptrend before going underwater.... Ideally the top of teh recent range will ...
Euro/Dollar
- Crassius replied Jan 29, 2013
Still have my add order of we burn the 3500 do not touch option and break above 3500.... If we get turned back on this first attempt at the DNT, at least I booked something... Keeping the other half....
Euro/Dollar
- Crassius replied Jan 29, 2013
Took profit on half my long's from this morning at 3490 + 60 pips
Euro/Dollar
- Crassius replied Jan 29, 2013
We need a rumor or a news story to hit out of the blue just about now...
Euro/Dollar
- Crassius replied Jan 29, 2013
Stopped out amid the dollar swoon.... -27 pips.... a fraction of a fraction of account equity on very small position...
Euro/Dollar
- Crassius replied Jan 29, 2013
So far we have traded as high as 3491.... hitting massive offers from DNT option holders... Beat 2012 high !!
Euro/Dollar
- Crassius replied Jan 29, 2013
USD taking a dive on the back of heavy USDCHF selling.... the other re-adjustment that has been affecting the market since the start of the year is the rolling off of the pressure on the CHF artificially imposed floor in EURCHF...
Euro/Dollar
- Crassius replied Jan 29, 2013
I modified this slightly.... I took the stop back to just over 5750.... I'd hate to see a fresh high... and a fresh high will mean an assault on 50.... but there are sell orders ahead of me at exactly 5750. By moving my stop a couple pips above 50 I ...
Euro/Dollar
- Crassius replied Jan 29, 2013
You may well be right... we are definitely near a pull back to 5900 area.... I'm think we need one more swing lower.... not risking much.... bias in the market is to sell rallies.... There is an option expirey at 5750 today that may serve a a ...
Euro/Dollar
- Crassius replied Jan 29, 2013
I caught a fill on my resting sell limit order at 5728 on GBPUSD.... I have taken a small position... half sized... because there is risk of a deeper correction higher into 5900 area... I think we have one more leg down to 5650 area before that ...
Euro/Dollar
- Crassius replied Jan 29, 2013
EURUSD will finish correcting when the JPY finishes correcting.... Everything in this market is driven by the JPY revaluation (manipulation) trade... I favor JPY bottoming near the 1.618 extension near 90.00.... that's where my buy limit order ...
Euro/Dollar