Eur/usd

[Anna-Maria]

	Quote:	milliard
	4670-90?...4620?....harder back to 4570 initial?

Concur those Bull defenses

Bull-Bear fulcrums.

[milliard]

You join the (Mid-East & Asian) bargain hunters down at your .4780 top line support earlier hotshots?

They sure don't want to let this rag go huh!

Nice bounce & kick off the well lit s&r zones on EU/YEN. That's the sweetheart (+ Geppy) to be on this week.

'Gun em & run em' Annie Oakley - just don't let Krantzy loose, he'll want to marry em

[Anna-Maria]

	Quote:	milliard
	You join the (Mid-East & Asian) bargain hunters down at your .4780 top line support earlier hotshots? 'Gun em & run em' Annie Oakley - just don't let Krantzy loose, he'll want to marry em

Naaahh, quiet day really.

No more Euro purchases today here. Just lightened up into Frankfurt & left the stops loose. Happy to watch it loll around up here.

Yeah, another fine 162.5 to 160.5 ladder run. Wasn’t on it unfortunately, but agree, those 2 pairs off their respective levels, are home runs this week. Nice fast money in the bank.

Art won’t hold anything beginning with a Y since 111.50. BoJ officials are hitting the mic (again) & beginning to jawbone in droves this week as Yen pops thru 110.

They’re ok as intraday bets, but he’ll let the bravehearts hold the size at these levels.

Reckon they’ll try spook some of these lazy, nervy European longs into the w/end maybe? A long overdue shakeout?

[milliard]

Hard to say. Volumes are light to the tune of 40% stepping into NY today. No doubt they'll be a few 'whack jobs' attempting to mug the liquidity while every other sane citizen is stuffing turkey into their gobs.

I don't ( & doubt you do either) give a whole sack of s*** whether it tanks or pumps. It'll get re-calibrated when we get back to the monitors next week.

If it pumps we'll be sinking bigger bottles of Dom P for coffee breaks .....if it tanks, just blame Krantz

[torero]

Some of the pairs look very interesting for hold over the weekend but not sure with the light volume for today and tomorrow if it's advisable. I'm going to try with a small position and wider stop to be sure I won't get stopped out. Any observations on this one?

[torero]

AUDUSD looks like a bit more sloppy but still trying to stay below support line. I'm just waiting for the break before stepping in.

[Anna-Maria]

	Quote:	torero
	Some of the pairs look very interesting for hold over the weekend but not sure with the light volume for today and tomorrow if it's advisable. I'm going to try with a small position and wider stop to be sure I won't get stopped out. Any observations on this one?

Can't really go wrong as long as you're paddling with the Yen flows this week torero.

As you say, if you're unsure due to the thin conditions, simply reduce the size & play your stops to the s&r safety nets.

Nice trade if you took it

[torero]

In the end, I shorted the CADJPY when it broke down. Decided not to hold it over the weekend. Yen sure was a nice steady weakness. Conditions couldn't have been I must say.

Thanks for the advice. Have a good Thanksgiving weekend!

[AbeSmith]

	Quote:	torero
	Some of the pairs look very interesting for hold over the weekend but not sure with the light volume for today and tomorrow if it's advisable. I'm going to try with a small position and wider stop to be sure I won't get stopped out. Any observations on this one?

Nice call Torero.

[Art Krantz]

	Quote:	torero
	In the end, I shorted the CADJPY when it broke down. Yen sure was a nice steady weakness.

I think you meant Yen strength, but I get your drift.

That’s a smart trade. Hopping on the back of that textbook s&r flip through 111.50 at the Round Number (111.0) put the odds firmly on your side of the table.

Of all the lower tops/peak-trough junctions to catch it (apart from 117.0), you nailed the less risky option – good job!

You trade OPM/Fund money or just your private pot torero?

These threads are somewhat lonesome on this side of the site huh? Apart from your contribution, us 3 are talking to ourselves

Wonder where the original thread starter wandered off to? Sure hope his (EU) shorts caught a life raft.

Thanks for the holiday good wishes man!, have yourself a great weekend too!