Contact us

[GVI Forex 2]

Bobby, don;t be so modest. Your calls today will speak for themselves

EURUSD – Close of this hour above 1.08950 would call for another attempt Up

EURUSD 1.08700 held its ground, even after ECB disappointment – Eyes on 1.09350, once again

[Belgrade Bobby]

EURUSD – So what we gonna do now 😀 Well, 1.09800

[SF Monedge]

Long Usd/Chf and short Gbp/Usd filled here.  Tight stops, testing overreactions.

[SF Monedge]

Since it is quiet at the moment, a side note – a tactical decision from experience I hope no one ever has to see filled-     Since 911    I have always had a trailing sell stop in UsdChf at the 55 mark in whatever 100 point range the pair is in while the value is above it.  For example, the value at present is 0.8787, and so I have a trailing sell stop at 0.8555.  Usd/Chf would sell dramatically as Chf is an event safe haven currency.  I was on the phone with a foreign exchange trader who was in the twin towers when it happened.  He made it out and saved a boy in the process.  It is a defense position should a terror attack or other catastrophic event occur.  Purely tactical.  Geopolitical conditions have been ripe for such events for a while, especially lately.  We simply never know and it remains an ongoing risk.

[SF Monedge]

Have resting sells in Aud and Gbp above current market and resting buy in UsdChf a bit below current market.

[GVI Forex 2]

US bond yields back up to about unchanged on the day. USDJPY back above 148 (correlation)

Powell testifies to the Senate at 10AM EST

Same prepared text but Senators tend to ask better questions than the House members.

EUR up after LaGarde disappoints the doves.

Economic Calendar

[Belgrade Knez]

starting from Monday, 11th of March until end of the month, US will be one hour closer to Europe …. need to adjust timing

hopefully US will stop this time change so can Europe as European leaders can’t decide anything without US doing it first!

 

[SF Monedge]

The sell side of AudUsd in the 6638 to 6648 area look appealing to test if seen.  When using limit orders sell near the high of the 10pt range and when buying buy near the low part of the 10 pt range.  Using buy and sell stops entering at the half mark (5) is best when cleared in my opinion.

[Belgrade Bobby]

EURUSD – Close of this hour above 1.08950 would call for another attempt Up

[Belgrade Bobby]

EURUSD 1.08700 held it’s ground , even after ECB disappointment – Eyes on 1.09350, once again

[SF Monedge]

Though Usd has been offered overall I believe it is a good day to position on the buy side from lower levels and be patient.  Around Dxy 103 area if seen.

[GVI Forex 2]

La Garde giving no hints of an early rate cut.

Evaluate in June.

[Belgrade Knez]

Swiss Frank 2:53 pm

you need PAR to confirm Lagarde skin color?

 

[Mtl JP]

novice, novice level, skill
aka zooplankton, krill, sprats, sardines, whales = part of food chain
–
“skill” is partly acquired by formal education, specialized education AND from the School of Hard Knocks.

psst … little secret: the more it hurts the better the lesson is learned.

[Swiss Frank]

Is Lagarde like really tan? Where’s Par when you need him?

[Swiss Frank]

I like cad/chf higher for the same reasons i liked aud/chf higher-> chf the weakest link and no usd exposure. aud/chf having gotten started already cad/chf is maybe ready to go soon. Look for a base in eur/chf .9540 -.9560 to key timing.

[SF Monedge]

Quick note for those here who are still at novice level.  Some of us here in this forum have been at this for over 20 years.  It is sound thought to pay attention to the commenters here even when they are making jokes.  There is much skill here.

[SF Monedge]

There is not point in trading Yen today if you missed the sell.  Gold is strong and so intently focused on Aud.  With the weight of data today, although the spreads are wide, preference for the day is GbpChf and UsdChf.  If intent on trading Eur (soviet pair) suggest using buy and/or sell stops and lock in fast.

[Belgrade Knez]

Bobby,

you can ask them to show you how to check with your router which channel is the best for your computers that are connected over wifi……there are so many different channels you can try

[Belgrade Bobby]

Thanks Knez 😀 I am on MTS….should have full speed, but I am currently running like 50 Mbs…20 times slower….fckng idiots

[Author]

Posts