these are the majors gbp/usd eur/usd aud/usd on the left usd/jpy,usd/cad, usd/chf image you can tell how price is not showing strength enough to travel outside of current standard deviations it actually seems like overall strength of USD is ...

Red Lion on the hunt

i believe the market is showing the lack of confidence in the Euro, US equities posting tremendous Gains, which oddly enough is bringing money influx into the USD usd/chf, usd/cad both look like a corrective wave is done and impulse north is eminent ...

Red Lion on the hunt

i just got a call, need to run to the hospital.............see you guys later

Red Lion on the hunt

standard deviation is a statistical tool the premise is the moving average is the AVERAGE price over a period of time, or fair market value the bands are just volatility ranges, margin of error, normal price variance. so in effect the average price ...

Red Lion on the hunt

European equities in positive Gold and oil as well, Asian equities were positive although the bond yield just slightly negative, positive yield for UK so seems like the money flow is there for risk on, however the Euro as of now seems to be running ...

Red Lion on the hunt

i am taking profits on 3rd trade, although all numbers are bullish 29pips below open 37 pips above above previous high and prev low the price action seems to show a diminishing buying pressure, 66 pip range from high to low 54.4% of what is ...

Red Lion on the hunt

hey no prob, losses are part of the game, it was negligible risk, and even though the profit i just took is very small it is bigger than a 90 cent loss lol at this point i rather be squared and await another entrance that will surely come in Asian ...

Red Lion on the hunt

image image

Red Lion on the hunt

took profit 1.2755 -0.90 the first trade +4.50 approx although i still think the bias is up.....some how i find it risky to leave profits on the table mix signals over equities earnings, technically the buying pressure is not there..........i ...

Red Lion on the hunt

forgive me if i do not grasp the purpose to this...........you have a 12000 account and 1% in draw down, approximately and you are adding more positions to and increasing your trading cost while putting a cap on your potential earnings? i mean, even ...

Pitbull Trader with Position Building

are you net negative or net positive on your overnight swaps?

Pitbull Trader with Position Building

correct me if i am wrong but hedge........... is to neutralize the delta right? so you screwed up on one position and you neutralize the delta.........but now you pay a variable spread on a different pair? and your position is 0=neutral so you ...

Pitbull Trader with Position Building

nubs is a little....................unorthodox but you might one to try indicators that track the overall strength of the currency in question as it seems to be what the basket is following eur index jpy index usd index instead of paying double the ...

Pitbull Trader with Position Building

to me......the first is safer.........and also if surpasses it by significant amount the other point of view is ..........break out

Red Lion on the hunt

why dont you just try the majors you are attempting to replicate the value off, by not really ......calculating the value of and not really trading the relative value of? seems to me you want to speculate on the Eur/jpy then do it then the Eur/usd ...

Pitbull Trader with Position Building

Buys: AUD/USD major pair NZD/USD major pair EUR/GBP eur/usd vs gbp/usd EUR/USD major pair GBP/USD (you are trading the relative value of gbp vs usd vs euro already) Sells: USD/JPY major pair NZD/JPY nzd/usd vs usd/jpy EUR/JPY Major pair GBP/JPY ...

Pitbull Trader with Position Building

S&P 500 1,275.25 1.00 0.08% DOW 12,330 21.00 0.17% NASDAQ 2,360 7.75 0.33% US index futures higher, London 1:50 pm Frankfurt 2:50pm NY 08:50 am-------------39 minutes till open. Lets see how NY takes this one, i expect NY to push it higher which is ...

Red Lion on the hunt

the meeting of merkozy has come and gone, the euro obviously at least at this point looks to be heading up in what appears to be an overdue correction. a buy order of 2 lots implemented at 1.27325 with immediate target 1.27845 as is our current ...

Red Lion on the hunt

how did you get on the euro long?

Red Lion on the hunt

im not too familiar with golds movements but as far as the euro your stop should be safe, just below open, it should not travel below open. that would be very unusual

Red Lion on the hunt