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  • Big Bad John : Trading Ideas - European session 29 July

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    Big Bad John: @ Kowalski-it might be good or bad.We all see diff things and to be honest it does not matter whether we are right or wrong but it matters to have a plan with a SL and a TP.The rest is only luck :)) Still on GBP I would not buy against a cloud and I still see a drop under 1.6953 which will trigger stops to 1.6932 then 1.6890 area and last stop 1.6850 from where a good buy opportunity arises - July 29th, 2014 08:27:27 AM
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    kowalski: I put my buy/sell stops respectively exactly in oposite direction as BigBadJohn today, for manual trading, , esp. for usdchf I see nice upward sloping wedge, min 30 pips target to the downside ,if not soon I will sell again .906), cable will probably go up across the H-ischimoku cloud and ema55... but you never know .. therefore I let my modified robots run for 80% of capital employed, they are somehow more reliable as my judgment... - July 29th, 2014 07:59:08 AM
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    Big Bad John: NZD USD remember the post from 21st of july ''NZD USD sell at 0.8730 for 30 pips first then 0.8500 as a big drop will start tomorrow.'' Drop started and continuation is more than possible at the moment.If 0.8530 level does not hold then next stop is 0.8500. To be honest the very bottom will be 0.8390 but I cannot tell a precise date to be there but I can estimate for sure that downmove sould last till 1st of aug so plenty of time to get our bottom from where to buy for 0.8500 retrace. Looking more into depth on this one next Monday will present a good opportunity to buy it.NFP will stick around 235 k so nothing out of the expectations but we should have a drop in the unemployement to 6% so this will give a strong move to USD but it will be faded so 0.8390 will be a good buy. - July 29th, 2014 07:26:14 AM
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    Droidbean: went Long NZD againt AUD @1.1040 for 100 pips in a weeks time... ofcourse swap is not going to hurt. - July 29th, 2014 07:16:29 AM
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    David: Who in their right mind trades a pair that moves on milk prices? - July 29th, 2014 07:10:48 AM
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    Robby: Well I went long NZD/JPY at 87.10 and have a order on NZD/USD at .8490 for a long but market has not made it down their... - July 29th, 2014 06:59:55 AM
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    derps mom: derp, i had my NZDUSD long SL taken out at 8520. Now i will enter next long, if drops lower. Check weekly chart and ascending trendline, im thinking a double bottom near 8400/20 - July 29th, 2014 06:53:16 AM
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    fxnoob: hahaha derp... we r on the same page.... my audnzd short got stopped.... from profit to loss in a matter of minutes - July 29th, 2014 06:52:27 AM
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    derp: swimming in a sea of red with nzd longs. stupid calendars need to add in milk related announcements - July 29th, 2014 06:48:46 AM
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    Big Bad John: GBP USD sell stop at 1.6975 for 30 pips first then 1.6850 and 30 pips SL.In case we go above 1.7015 buy for 30 pips EUR USD sell under (sell stop) 1.3428 for 30 pips first then 1.3380 and 30 pips SL.In case we go above 1.3470 buy for 30 pips. USD CHF buy stop at 0.9051 for 30 pips first then 0.9110 and 30 pips SL.In case we go below 0.9010 sell for 30 pips USD JPY buy at 101.83 for 30 pips and 30 pips SL.In case we go below 101.45 sell for 30 pips. NZD USD sell at 0.8522 for 30 pips first then 0.8400 and 30 pips SL.In case we go above 0.8565 buy for 30 pips AUD USD sell stop at 0.9388 for 30 pips first then 60 pips and 30 pips SL.In case we go above 0.9420 buy for 30 pips. Please keep 20 pips SL to BE rule and after 30 pips start trailing the move. - July 29th, 2014 06:38:49 AM
  • Coach : UK press: The pound is overvalued, warns the IMF

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    Coach: So what? No one says it's 'unjustified' yet!!! - July 29th, 2014 08:12:45 AM
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    TomNZ: Everyone except the BoJ thinks their currency is overvalued. I'm hoping the NZD is overvalued vs the AUD come October..gotta keep cool in the Brissy humidity - July 29th, 2014 03:34:26 AM
  • Mike Paterson : NZDUSD posts new session lows but bids noted

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    Mike Paterson: i'd imagine below 0.8490 H5 - July 29th, 2014 07:16:17 AM
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    Big Bad John: I think 0.8494 is actually the last bid level and a bounce from that one might happen but I doubt we will see much action in terms of bounce till 0.8397 level. - July 29th, 2014 07:14:31 AM
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    Henry V: Wow. Not since June. :D Seriously though, Mike, bids are a bit like stops, ain't they? Cause there are always gonna be stops on the other side, especially the other side of round number bids, and stops have a tendency to get filled. Where are the stops, Mike? - July 29th, 2014 06:59:38 AM
  • trvln : More on the Fonterra announcement

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    trvln: Big news because puts more doubt on interest rate increases. - July 29th, 2014 07:03:08 AM
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    derp: is it really that big of a news? i've seen nzd reverse everything by ny session before - July 29th, 2014 05:22:20 AM
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    fxnoob: Same here...... carry trade still seem the way to go? - July 29th, 2014 05:18:57 AM
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    Nrek: Close them and fight another day? - July 29th, 2014 05:15:48 AM
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    derp: what should i do with nzd longs? was not prepared for this announcement at all. - July 29th, 2014 04:58:50 AM
  • Mike Paterson : German import prices June m/m +0.2% as exp

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    Mike Paterson: lol.you too Chef. - July 29th, 2014 06:59:18 AM
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    david: Morning Mike. If your wondering why i'm up so early....no I didn't wet the bed!!! It's all a little zzzzzzzzz at the moment. Some nice moves over a period but for jobbing it's all a bit meh. Right, back to the day job! Have a great day. - July 29th, 2014 06:40:01 AM
  • Big Bad John : Trade ideas thread Tuesday 29 July 2014

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    Big Bad John: GBP USD sell stop at 1.6975 for 30 pips first then 1.6850 and 30 pips SL.In case we go above 1.7015 buy for 30 pips EUR USD sell under (sell stop) 1.3428 for 30 pips first then 1.3380 and 30 pips SL.In case we go above 1.3470 buy for 30 pips. USD CHF buy stop at 0.9051 for 30 pips first then 0.9110 and 30 pips SL.In case we go below 0.9010 sell for 30 pips USD JPY buy at 101.83 for 30 pips and 30 pips SL.In case we go below 101.45 sell for 30 pips. NZD USD sell at 0.8522 for 30 pips first then 0.8400 and 30 pips SL.In case we go above 0.8565 buy for 30 pips AUD USD sell stop at 0.9388 for 30 pips first then 60 pips and 30 pips SL.In case we go above 0.9420 buy for 30 pips. Please keep 20 pips SL to BE rule and after 30 pips start trailing the move. - July 29th, 2014 06:37:13 AM
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    D Murray: Closed at 101.99 and off to bed. Good luck Ronald and everyone :) - July 29th, 2014 06:27:11 AM
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    Jay: I would be selling USDJPY around 102 if it gets there tonight. - July 29th, 2014 03:19:14 AM
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    Ronald: Out of usd/ jyn long at 101.881 Will probably regret it as exiting too early - July 29th, 2014 02:30:31 AM
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    Ronald: James Not expecting long aud/ jyn to b a big mover tonite... But u should get some return... IMHO - July 29th, 2014 01:08:30 AM
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    Ronald: Dm, Still long usd/jyn from last night @101.798.... Still looking for 15-18 pips Still holding usd/cdn long - July 29th, 2014 12:57:22 AM
  • Eamonn Sheridan : Fonterra announce milk pay-out price of NZ$6/kg

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    Eamonn Sheridan: Thanks unknowname - appreciate it! - July 29th, 2014 05:08:31 AM
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    Godzilla: There's some support at 510-20 area but if you have longs you should close it on any bounce. My two cents worth. - July 29th, 2014 05:02:17 AM
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    unknowname: thakn eamonn ...my position close all hitting t/p ..G/nzd.. thanks to all forexlive.com team.. you are the bests/valuable for the forex information .. THUMB UP from me ......and its free ... :) ..sorry my english very poor... - July 29th, 2014 04:51:30 AM
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    derp: ridiculously frustrated. additional 40 pips on 4 nzd pairs because i did not know there was this news announcement coming up. - July 29th, 2014 04:48:22 AM
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    derp: i'm really screwed because i added just this morning because of the divergence and then tl breaks. what should i do now? close the latest additions? - July 29th, 2014 04:46:26 AM
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    Eamonn Sheridan: Thanks Alan and Kelly. Derp, Godzilla - agree with you. I had an idea it was today (http://www.forexlive.com/blog/2014/07/28/fonterra-29-july-2014-announcement-milk-payout-forecast-asb-anz-westpac/) but only got the time a little before (http://www.forexlive.com/blog/2014/07/29/fonterra-to-announce-milk-pay-out-price-29-july-2014/) - Derp - re NZd longs,. I reckon it still looks heavy - July 29th, 2014 04:43:01 AM
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    Mary: Hi Eamonn, Kiwi's 4hr chart H&S continues but there is some support below current price. chart @ https://twitter.com/tradecharting/status/493978965271248896/photo/1. Still might be best determined fter FOMC & NFP. - July 29th, 2014 04:41:53 AM
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    derp: anyone else stuck in nzd longs? - July 29th, 2014 04:38:07 AM
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    Godzilla: Yea, would be good if it appears on calendars. Woulda placed some stop sells if I knew there was an announcement coming up. - July 29th, 2014 04:37:39 AM
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    derp: i wished these economic calendars would actually put these events into the calendar. rude shock with the nzd - July 29th, 2014 04:31:28 AM
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    derp: so should i dump my nzd longs? - July 29th, 2014 04:28:17 AM
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    AlanDZ: Bang on, Eamonn. Nice call. - July 29th, 2014 04:28:04 AM
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    Kelly: Eamonn, you're right @ 6 bucks :D - July 29th, 2014 04:27:13 AM
  • Bigman : Goldman Sachs says "Aussie dollar tipped to force RBA interest rate cut"

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    Bigman: This is another naughty commentary from GS. Remember these guys talked about the AUD going to 0.7000 USD over the course of the year. Now they are 24 cents away from their target and talking about rate cuts. Inflation is 3 percent and house prices are through the roof. There aren't going to be any rate cuts. The RBA is waiting (like the rest of the world) for the USD to firm up. - July 29th, 2014 05:00:46 AM
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    rough trader: but that wud further over heat the house price? - July 29th, 2014 04:42:01 AM
  • Eamonn Sheridan : Coming up - Fonterra to announce milk pay-out price

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    Eamonn Sheridan: http://www.forexlive.com/blog/2014/07/29/still-waiting-on-fonterra-announcement-29-july-2014/ - July 29th, 2014 04:16:03 AM
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    navk: The news is announced or not yet? It is 4.05 GMT already. - July 29th, 2014 04:07:18 AM
  • Collin : China - lower tier city further loosens home purchase restrictions

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    Collin: And its was the KGB who shot Kennedy! Lol jks - July 29th, 2014 04:06:19 AM
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    hello: http://www.nytimes.com/2014/07/29/world/europe/us-says-russia-tested-cruise-missile-in-violation-of-treaty.html?hp&action=click&pgtype=Homepage&version=LedeSum&module=first-column-region&region=top-news&WT.nav=top-news&_r=0 The propaganda war carries on - US administration has just discovered that Russia tested a cruise missile 5 YEARS AGO. Forthcoming breaking news - Russia has not adhered to the Geneva rules of conduct in Germany during WW2. - July 29th, 2014 03:40:58 AM
  • Eamonn Sheridan : Japan data out now - June Household Spending, Jobless Rate and Job-To-Applicant Ratio

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    Eamonn Sheridan: its awful Nik .... - July 29th, 2014 01:49:59 AM
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    nik: Eamonn, were u trading eur/usd yesterday ! its becoming like the usd/jpy ! lol - July 29th, 2014 01:36:06 AM
  • SimonNZ : Japan panel recommends wage increases

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    SimonNZ: Wow they sure are splashing out here .....imagine luxury goods going through the roof...! - July 29th, 2014 01:08:20 AM
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