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Rag2RichesFX replied Jan 29, 2016AUDJPY we were discussing didn't even wait for February. I suspect we will back at 90 very soon. Man if only I held those longs from 79.90. Lack of patience.
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Rag2RichesFX replied Jan 29, 2016Long GU 4253, Stop 180 TP 300 Nice of Mr. Market to allow re-entry 100 pips lower before the big move. Will buy another with 60 pip stop if we reach 4140 in Feb (seems unlikely)
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Rag2RichesFX replied Jan 29, 2016everything is looking set to rise vs USD in February, except Yen 1.12xx EU 1.46xx+ GBP .73xx AUD 1.36xx CAD Havent looked at UJ but probably 123xx
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Rag2RichesFX replied Jan 29, 2016I agree it could drop a little further first Keyword is COULD, but I'm not gonna miss a high probability long because of 60 pips (which may not come)
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Rag2RichesFX replied Jan 29, 2016GBP is my preferred too. I prefer to buy weakness not strength, but to each their own, closed 80% of position @4355 because I saw the drop coming Nailed the low... honestly don't want to get too cute with this since like gator said 46xx can easily ...
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Rag2RichesFX replied Jan 29, 2016seems GBP will drop to the 4260 area once more and then it will rally to these two obvious resistance levels this is a very strong opportunity, doesnt come by too often. GBP, CAD and oil are highly correlated, take your pick in February... long CAD, ...
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Rag2RichesFX replied Jan 29, 2016some big player defending 1900 (the CFD is trading 8 points higher than front month contract) gotta be careful though, this could easily go back to 2000 in February edit: and already taken out, i think im finally turning bullish on equities (not ...
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Rag2RichesFX replied Jan 28, 2016still long, weekly reversal AUDJPY........... That was an incredible move past 72 hours 400 pips. Too bad I closed before the 200 pip pop oil long still going too, 8000 barrels sitting +$3.80 / barrel by far my best week ever.... this is absolutely ...
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Rag2RichesFX replied Jan 27, 2016long GBP again 4242, might drop near 4200 before it rallies
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Rag2RichesFX replied Jan 27, 20166 weeks later nearly hit actually will start some SMALL gold short now and build it if we go higher not for long term, just quick countertrend play
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Rag2RichesFX replied Jan 27, 2016waiting for 35.xx to take some off..
... this is a once in a few years kinda trade (momentum slowing into extreme under valuation) (not saying it wont go lower, but unlikely to go lower without going higher first) should have taken some off at the ...EURUSD
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Rag2RichesFX replied Jan 26, 2016one position is long term (crude) one was a scalp (ES short) many better markets to be active in (CAD, GBP, JPY, AUD)..., EU sucks until we get out of this range
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Rag2RichesFX replied Jan 26, 2016and here we go for GU I see this as the major low oil longs back from the dead Of course CAD following
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Rag2RichesFX replied Jan 25, 2016that 1.91 EU target supports the thesis that commodities will rebound to the moon.. i think there will be a day DXY sees a 5x.xx handle describe "reset". what does it mean to you? to me it just means prices falling into extreme undervalued territory ...
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Rag2RichesFX replied Jan 25, 2016I had a beautiful 5 lots short in AUDJPY 83.23 but didn't hold it for more than 30 pips. Would have been a quick 5k (118 pips) Stop was 30 pips Patience is difficult for the short because I am biased long in AUDJPY until 85.xx is reached (but 80.xx ...
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Rag2RichesFX replied Jan 25, 2016The only reason people "rode the pig" before is because valuations were actually fair. 1200 SP500 + QE3 made sense to buy. 1900 SP500 + QE4 doesnt make sense (so lack of QE and rising rates... REALLY doesn't make sense) Once QE ended, we went into a ...
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Rag2RichesFX replied Jan 25, 2016I don't know what you mean but this is how you invest long term. You buy undervalued assets during "reset" periods Gator speaks of resets all the time. They are normal because those who drove an asset up also drive it down, because obviously no ...
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