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Vermillion replied Dec 9, 2014Target of 186.550 reached, pocketed $530. Reloaded a long at 186.500, waiting to see if it holds. If it does, expect a retest of 187.60/80 like FX-Ray said, and also for a chance of going back to the previous pivot daily point (188.9) If not, then ...
Dragon Riders GBP/JPY
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Vermillion replied Dec 9, 2014Probably won't happen until the end of 1st quarter in 2015, at least. Unless ECB decides to pull out all the stops and go full blown intervention. They only god knows what price EUR/USD will fall to. By that point, i'd never buy the euro for a long, ...
EURUSD
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Vermillion replied Dec 9, 2014Current positions for the GBP/JPY. image Note: I view many of them as heavily risk oriented. I do not recommend people following my positions if they're not already in the market. Current sells are set to break slightly above even. With current ...
Dragon Riders GBP/JPY
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Vermillion replied Dec 9, 2014The data from China (aka the yuan or renminbi) is bad. As expected, we're seeing a re-surgence in dollar buying as people are dumping the yuan for its main competitor, the US dollar. Only question is whether this stimulus is temporary, and ...
Dragon Riders GBP/JPY
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Vermillion replied Dec 9, 2014Wait a minute. The yuan's report is bad. But the yuan competes against the dollar primarily-if the yuan report is bad, doesn't that mean we'll see a resurgence of USD buying (and therefore a fall in EUR/USD prices)? Note: That's EXACTLY what i'm ...
EURUSD
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Vermillion replied Dec 9, 2014Ally, you might already know this by now, but for clarification: the general consensus in the Euro forum is that the descending triangle has its resistance around 2450, so 2447 would be a really good place to short.
Dragon Riders GBP/JPY
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Vermillion replied Dec 9, 2014I can't help shake off the feeling that if the EUR/USD rebounds back to 1.245 after making 1.2370 a support, we have a very good chance of going up to 1.250 after a small consolidation down to 1.240. Or the markets might decide to suddenly dump them ...
EURUSD
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Vermillion replied Dec 9, 2014Expect a possible test of resistance up to around 1.252; just don't consider 1.2500 in and of itself to be the absolute resistance. Be careful of shakeouts. It's only when 1.2450/1.250 becomes support that we have a clear signal to leave. Edit: If ...
EURUSD
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Vermillion replied Dec 9, 2014No, it's better. The trendline support isn't 1.234; it's almost guaranteed to retest the 1.224 margin once more. 1.234 is one of the supports, but it can easily be breached within a day or two. In other words, if you're short now, don't take profit ...
EURUSD
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Vermillion replied Dec 9, 2014Sadly, I dd pocket 80pips, but I lost most because my long on 185.704 got stopped out (35,000 long) My stop loss turned out to be today's LOWEST price- 185.20. I need to work on my stop losses; this is the third trade position in the past 10 days ...
Dragon Riders GBP/JPY
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Vermillion replied Dec 9, 2014I think it helps that you actually post your trades and profit on most of them on average. And if your photos are accurate, then the size of your account would also serve as an indirect form of credibility. Still watching the 1.2370 support.....
EURUSD
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Vermillion replied Dec 9, 2014Welcome back, tyrant. And to answer your question: No, you're not. You're not amazing; you're FxTyrant. A description by any other word would not be fitting.
EURUSD
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Vermillion replied Dec 9, 2014I think it'll come down to the closing prices of the New york market. If it's around 1.2350, I'd say it can go either way. Above 1.2370, we'll probably see another run up. If it's between 1.230~1.2350, I'm slightly leaning towards an attempt to the ...
EURUSD
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Vermillion replied Dec 9, 2014Ah, the infamous "Grexit"? Wasn't that being debated over since at least 2012? And to answer your question: not right now. I think Greece i also watching the ECB; we'll probably see Greece's government trying to delay it the exit. Pro-Grexit ...
EURUSD
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Vermillion replied Dec 9, 2014Lower? Like what, 117? 115? i'm a bit worried about this correction myself, so I'm curious: where o you see it going down to by technicals, and why?
EURUSD
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Vermillion replied Dec 9, 2014IF the U.S. stocks perform better tomorrow, we'll VERY likely see the EUR/USD fall in price as investors rush in to get decent prices to short the pair seeing as how the previous stimulus (bad U.S.stock performance) for the bullish correction had ...
EURUSD
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Vermillion replied Dec 9, 2014Two factors behind the fall of the dollar. Biggest reason: Bad Tuesday performance for U.S. stocks Second reason: We're approaching end of the year, institutions tend to cash in their profits, and markets always liked to be a bit volatile on days ...
EURUSD
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Vermillion replied Dec 9, 2014It's impossible. I was hoping for a wild jump back up when people realized that the dumping of GBP & USD was caused by U.S. stock performance (which in of itself doesn't mean a bearish dollar), but it probably won't happen as it's too late for New ...
Dragon Riders GBP/JPY
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Vermillion replied Dec 9, 2014Hmm.....I wonder if the GBP/JPY will reach the pivot point before the NY market closes...
Dragon Riders GBP/JPY