Re DAX longed at 68, as DOW hit S2, Stop loss at 50, low £/pip - we will see.. Could be complete madness on a potentially crazy day like today
AGree - your logic makes sense - Indices gaps may not be filled today - but who knows. Just off to Cornwall in August - as youngest girl easier to look after if not flying - until next year.
All well thanks S. Kids bouncing around as excited about summer holiday - but on to Trading! Re the US debt thing, I wonder if it is not all going to be one of those panic moves and then back to normal! My golf is non existent I'm afraid.
Morning S - well done on the EUR gap fill last night.
Well put Monaco - have a great weekend all. We all knew they couldn't stay away.
way to go Monaco. Wunderbar! Will put on some Rammstein to celebrate!
Can see why you prefer the DAX Monaco - definetely more robust than the DOW.
bad news not helping - supports broken. All very jittery markets.
Monaco - sorry- your DAX plays are very interesting. Was called out for a whlile. News drove it down, but Pivot on IG at 7270 acting as nice support as well as DOW PIVOT at 12680. USD aslso struggling to hold above 7546 on IG - so am looking to long DAX.
Excellent Monaco - thanks for that - was the 730 because of the gap from last night after 21.00 or another reason?
Thanks Monaco, agree your short DOW makes more and more sense - all indicators pointing south now
Excellent gap fill S - thanks for that. Worked very quickly today!
Very funny S - made me laugh!!! Transferred from "Trading the News" service to Ransquak "Talking Forex" this week and would recommend this to anyone. Clearly not as good as Farmer - as never able to find Farmer's stories myself but still useful. Rob
Closed 18 pips up, very unclear on USD direction today, although suspect may carry on up.
Long GU at 150 as believe is stronger than other pairs.
Farmer - all well thanks. Taken some scalps on the EU - but overall its been a tricky day on the FX - think the silver and gold trades were the ones to take. Monitoring silver for an entry on possible pullback. I took the 2nd long on DAX and got stopped out at 80 - lesson learnt - but took a scalp and made it back! Agree that it all rests on EU tomorrow and also US debt decision - we could either be heading for a big crash/or carrying on with the bull market - its all up in the air! BUT there are always opportunities. Keep up the good posts!
F430 - your Gold longs are looking really good now. Well done. Monaco - hope you held your DAX long - looking good now.
Morning F430/Farmer - kicking myself for missing a beautiful short on DAX at R1 at 7261 and also the monthly pivot was at 7.555. Note to self to make more detailed plan of attach each morning! Well done to you both.
Farmer - good ones. DAX fill to 7193 is helping bring markets down initially.
Farmer - still think inspired given all heading down yesterday! Re USDX - I'm not convinced it's a gap myself - but could be wrong Re things - all well thank you. Markets very unclear on direction.