[22:52:48 26/09/08] Stalion : hi there cap
[08:59:41 27/09/08] caprica1 : Hi Stal. I'm still on our long GU trade. I closed out half
lot at +20, and kept my SL where it was. The market closed @ 1.8444-5 last night, so it's
still up. I just hope it doesn't go against me when the market re-opens.
[09:22:54 29/09/08] fxjedi : Looks like the market is set for a "Super Friday" I bet usd up
and jpy up. All the others down...
[09:24:17 29/09/08] fxjedi : Bailouts: ECB's Kranjec: Bailouts are less expensive than
allowing a run on financial instittutions - Sees financial crisis continuing for some time
and there is a need for market and regulators to come up with solution Thai Central Bank
Chief: Ready to add more liquidity into banking system if necessary Belgium Fin Min: ING is
interested in acquiring ABN AMRO- Standing by to help Dexia if needed
[09:28:17 29/09/08] Stalion : seems the US bailout is doing a fine job propping up the
dollar
[09:30:44 29/09/08] fxjedi : Repatriation Flows Help USD? With Asia stocks having fallen and
with European equities in the red, reaction to the US bailout has hardly been universally
positive. "If stocks stay depressed, AUD/JPY, NZD/JPY and AUD/NZD are the obvious losers,
with the USD potentially benefitting from repatriation flows," says RBC Capital Markets.
[09:39:39 29/09/08] fxjedi : as I see the global meltdown of bankruptiecies has started
world wide....love more than 29 )))
[09:41:45 29/09/08] Stalion : looks live usdjpy is about taking a dive for the floor..
[09:42:26 29/09/08] Stalion : I mean, usdchf
[09:47:21 29/09/08] caprica1 : I got stopped out of the cable long from Friday as well
because of the market gap.
[09:47:47 29/09/08] caprica1 : luckly I had taken profit at halff lot size on friday on the
1st target price.
[09:53:59 29/09/08] Stalion : Sell Stop on the USDCHF @ 1.1017, 1st target @ 1.0995, 2nd
target @ 1.0970
[09:54:15 29/09/08] Stalion : 40 pip stop away...
[09:55:51 29/09/08] Stalion : yes cap...there are no guarantees that price must always reach
its target points...doesnt happen in the markets...locking in profits is a sure prudent way
of money mgt
[09:57:45 29/09/08] caprica1 : USDCHF! Stal you branching out into other pairs? lol
[09:59:10 29/09/08] Stalion : helloo takbal..
[10:00:51 29/09/08] takbal : hi guys
[10:01:13 29/09/08] Stalion : lol...just branching on pairs that has a more incisive
technical map,for now, gbpusd doesnt look like its having a high probability setup
[10:03:04 29/09/08] caprica1 : what about the USDJPY? Saw a 123 on the chart this morning.
[10:03:24 29/09/08] fxjedi : BAILOUT: is an American Goverment SCAMMMMMMMMMMM to steal US
tax payers dollar.....aholes
[10:05:03 29/09/08] Stalion : take it easy,jedi
[10:06:23 29/09/08] Stalion : Now cap, why are we putting a sell stop on the
usdchf?technical analysis wise?
[10:07:46 29/09/08] caprica1 : not sure. You got me on that one Stal.
[10:09:24 29/09/08] caprica1 : I'm trying to look for when the price was las at that level
maybe?
[10:14:52 29/09/08] klho83 : Hi Stal It failed stay above 61.8 ret. If it break 1.1017 pivot
(not sure) It wu go down. Correct if m wrong
[10:16:49 29/09/08] Stalion : no probs, cap...on the usdchf 1hr chart, price is around the
60% window or as K said, 61.8 level...price usually make a turnaround there..MACD was saying
negative convergence to price...
[10:18:15 29/09/08] Stalion : technical analysus wise, it should be at the region where we
should be seeing a bearish action..
[10:19:04 29/09/08] Stalion : but remember, guys, news has the potential to obviate it, if
it has a high enough impact
[10:19:05 29/09/08] caprica1 : how have you figured that out Stal?
[10:20:54 29/09/08] luminousfx : any trades on stallion?
[10:24:02 29/09/08] Stalion : welcome, luminous..no...not yet....just pending stops...
[10:25:46 29/09/08] luminousfx : what chart setups are we looking at Stall?
[10:30:33 29/09/08] Stalion : USDCHF, L...and also keeping an eye on GBPUSD..
[10:41:37 29/09/08] luminousfx : ok....
[11:39:26 29/09/08] Stalion : price steadily moving downwards on the USDCHF..
[11:41:32 29/09/08] caprica1 : Stal how did you do the 60% windows for the USDCHF price?
[12:04:47 29/09/08] takbal : caprica look at sep 19-22
[12:09:08 29/09/08] caprica1 : on which chart?
[14:10:17 29/09/08] takbal : caprica whatever chart you like... but there was an obvious
rally from the top of Sep 19 to the low of sep 22. Price is retracing since then, or at
least this is a possible interpretation
[14:10:47 29/09/08] takbal : and looks like it respected the 38% and the 50%, so it is
definitely guided by fib retracement levels
[14:30:47 29/09/08] caprica1 : 1st target hit on the USDCHF.
[14:31:27 29/09/08] caprica1 : half profits taken at +20
[14:55:01 29/09/08] Stalion : cool
[14:55:42 29/09/08] Stalion : [09:53:59 29/09/08] Stalion : Sell Stop on the USDCHF @
1.1017, 1st target @ 1.0995, 2nd target @ 1.0970
[14:56:49 29/09/08] Stalion : 2nd target hit..
[14:56:59 29/09/08] klho83 : All done:cheers:
[14:57:46 29/09/08] klho83 : Good Start for the week . Thanks Stal
[14:58:00 29/09/08] Stalion : lol...no probs,K
[14:58:22 29/09/08] Stalion : 3RD TARGET @ 1.0930
[15:13:47 29/09/08] caprica1 : finally. The site has been down for the last 10-15mins.
Luckly I stuck a 20 point TS on after the 2nd target hit.
[15:16:52 29/09/08] caprica1 : Nice start again to the week
[15:19:40 29/09/08] klho83 : 4th target?
[15:21:33 29/09/08] caprica1 : I changed my target to 1.900. Just hit it. I'm happy wth
those pips today
[15:22:09 29/09/08] caprica1 : +117 pips for a Monday. Nice work.
[19:56:30 29/09/08] takbal : bailout plan was refused in the senate as I read... 200 pips
change on eu in 10 minutes
[19:58:08 29/09/08] takbal : wall street practically collapsed
[19:58:42 29/09/08] takbal : Bill Pimco said on CNBC that the markets still pricing in some
kind of bailout package as otherwise the fall would have been even bigger