April forex is for fools addition

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Author: [Investments] Topic: April forex is for fools addition
rick3117 PM rick3117
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Posted: 5/24/2012 8:12:05 PM
QUOTE Originally Posted by wallstreetcappers:

still holding rick?

I should have jumped back in over 1.28

Also, still not convinced of this drop, fear indicators are very very low.

Its almost like they are taking it down to get the FED to step in.
 
Got stopped out on Friday, got back in short on monday.  

Not really looking for a bottom yet, but starting to become more and more weary of keeping this position for so long.  I went short 2 lots @ 1.2744. Definitely beginning to doubt myself after such a good run for the past month.  

I have made more than I make in 3 months at my regular job. 
rick3117 PM rick3117
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Posted: 5/24/2012 8:12:31 PM
Will not be holding weekends anymore.  
rick3117 PM rick3117
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Posted: 5/24/2012 8:13:09 PM
In fact I will probably close later tonight or very early tomorrow, as I think a lot of people will be taking profits. 
wallstreetcappers PM wallstreetcappers
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Posted: 5/24/2012 9:54:16 PM
rick,

You are up about 400 pips on that short, nicely done.

I should have gone back in at 1.28 but that prior trade was so long that I wasnt looking to come back in so quickly.
wallstreetcappers PM wallstreetcappers
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Posted: 5/29/2012 12:54:58 PM
Looks good rick, I should not have covered.

I also imagine this move down is not good for buck if I recall his long EU.LB trade..
rick3117 PM rick3117
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Posted: 5/29/2012 9:03:21 PM
Hopefully he got out,  

I added another lot for a total of 3.  

Running a 50 pip trailing stop

If Euro dies, at least I will have a little scratch to buy some canned goods before the shockwave hits us. 
wallstreetcappers PM wallstreetcappers
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Posted: 6/7/2012 2:11:23 PM
Decided to take a risk flyer short at 1.2605 

Usually I dont like to go into a position lower than were I exited but I like the odds into this big phony US market move.
wallstreetcappers PM wallstreetcappers
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Posted: 6/7/2012 11:00:11 PM
Setting buy stop at 1.2505

Looking for a quick 100
bucknuts PM bucknuts
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Posted: 6/8/2012 5:47:53 PM
Still holding my pair didn't move nearly as much as the rest of them..I bought just over 83..I been letting this sit since I added..I got stocks to play with too so when I get stuck in one I go play with the other..Chk made a strong rebound for me first buy around 19..I added at 16 and 14 and some change..

I do need to spend some time on this though I coulda added in the 79s and been out with nice profit
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bucknuts PM bucknuts
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Posted: 6/9/2012 11:58:53 AM

My phone doesnt like this site...i cant see my last post when im on and ive posted and checked back later and they just arent here at all..guess i shouldnt post from my phone but i dont like to take laptop to work with me

Hoping to hear some more QE3 talk to get me out..

wallstreetcappers PM wallstreetcappers
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Posted: 6/9/2012 2:48:06 PM
buck,

On some phones the covers mobile website works better, with my phone I can use a browser I have and the site works great..

You are right, without mention of QE3 it will take a while to work through that position..because the EU has been and will keep needing to float to save the countries.

I really think the EU is worthy of being par with the USD or lower..scary thought but when it first started trading the EU was worth 80 cents on the dollar.
wallstreetcappers PM wallstreetcappers
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Posted: 6/10/2012 11:25:32 PM
Was way tempted to hit the short EU tonight but will wait until the morning and see if they ramp the markets here and thus the EU.
wallstreetcappers PM wallstreetcappers
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Posted: 6/17/2012 7:43:14 PM
Sell limit EU at 1.2750 if she gets there..
wallstreetcappers PM wallstreetcappers
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Posted: 6/28/2012 11:19:10 PM
Took a short EU at 1.2625 on this pop now..
bucknuts PM bucknuts
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Posted: 6/30/2012 3:20:08 PM
Im hoping this weeks deal to save EU runs her up some...but i like it Wall
wallstreetcappers PM wallstreetcappers
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Posted: 6/30/2012 3:31:59 PM
QUOTE Originally Posted by bucknuts:

Im hoping this weeks deal to save EU runs her up some...but i like it Wall

I shouldnt go on the other side of your trade..sorry.

How far do you need it to go?


bucknuts PM bucknuts
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Posted: 7/1/2012 1:16:52 PM
I don't need much but don't worry about trading the other side Wall..ill get mine eventually
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wallstreetcappers PM wallstreetcappers
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Posted: 7/5/2012 11:37:17 PM
I am going to take 1.2375 for 250 pips, its close right now and lets see if I snag it.
wallstreetcappers PM wallstreetcappers
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Posted: 7/26/2012 11:11:12 AM
Short the EU at 1.2310


wallstreetcappers PM wallstreetcappers
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Posted: 8/2/2012 12:13:03 PM
Taking my 160 pips here at 1.215

wallstreetcappers PM wallstreetcappers
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Posted: 8/3/2012 4:03:49 PM
Short EU at 1.2385
wallstreetcappers PM wallstreetcappers
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Posted: 8/10/2012 10:19:54 PM
I think our forex group died off..and buck is waiting out his pair, but today I covered for 135 pips..didnt post since its just been me and nobody else.
sjewell29 PM sjewell29
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Posted: 8/11/2012 1:15:03 AM
Cool!!!! The last I looked, it had gone up. Glad you hit your mark. I am trying to get back in to this, but life just seems to be taking up too much time.......
wallstreetcappers PM wallstreetcappers
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Posted: 8/11/2012 1:29:55 PM
I was hoping it would go against me over 100 pips so I could average up but it never did..
wallstreetcappers PM wallstreetcappers
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Posted: 8/16/2012 3:21:26 PM
Gonna hit the EU again.. 1.2365 right here..
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