Trade Idea Central, January 16th
I knew there was something I was forgetting
If you’d like to share your trading ideas with others, please keep them in this thread.
I knew there was something I was forgetting
If you’d like to share your trading ideas with others, please keep them in this thread.
9 Responses to “Trade Idea Central, January 16th”
Panda’s having Chinese New Year. Expect Asian session to be very dull for this and coming weeks!
no idea about intraday ,but weekly might long from 1.26~1.265 with leverage 5 times this week and short from 1.285~1.295 with lerverage 15 times, maybe next week ,not sure
Last friday I sold eurusd @ 1.2865, and set the tp @ 1.2760. and now i’m searching for another sell and targetting @ 1.2451
Look for a weak rally back in EURYEN…97.40. SL 97.70 for a move back through 97.00
I am hearing a lot of traders throwing around where is the next 2 to 5 big ones going to hit over the last few days. It is a sign that many traders are caught on the bad side. An idea for the new traders is to expect both 1.2000 and 1.3200 to hit. If you are confident in trading you should be able to trade both ways and make a killing. If you gamble and take one side over the other and hold, you should be prepaired for the worst and hope for the best. I have no idea where the USD/EUR will be on Friday’s close, but one thing for sure this week will be one of the most brutal and punishing for those, who do not practice tight financial control. Good luck
Trade idea? Vou a la, gentlemen. I got a huge Buy volume frm 1.2630.
This huge volume together with other same huge euro interests will rocket eurusd up in space, at least 5 huge figures up, then higher and higher.
Strategically there will be overshoot of 1.60 tops, which everubody seems to forget at all.
History will repeat inevitably.
ps. US frankly doesn.t like the idea at all to strengthen the buck any firther now and before.
Since the main focus seems to be the USD/EUR this week, my position is to soften any moves, buy trading in the volatility of the EUR/JPY. If it breaks support at 97.00, expect a fresh leg down, however if you short this, expect two things to happen. There could be strong support under this level with a quick turn around. The BOJ is watching and getting caught in intervention, would be painfull without a stop. Watch for quick movements and if it can break 96.80 it will probably lose the 97.00 handle for now and put a trailing stoploss on the position. I am long in the position as long as the 97.00 barrier is not breached. Things will be moving quickly just before the London open and either way, I am going to take out pips today. Be very careful out there today.
some wise counsel, colin. thanks. as for me, i say long EURUSD till pivot around 2725 and watch what happens then. if breach, lock&load, TP = 280x. if no breach, then TP = 2550.
I don’t think that Eur/usd would cover up so early. So another downgrade for this week [may not be today].
Gbp/usd bump down to 1.5250 level.
Aud/usd is uncertain, if it rally over 1.0375 then I’ll buy.