Posted:
#1
Not sure if ive used that title b4 or not ...
Entered a long in EU/LB..8312 looking for 40 pips..i got a small res line just above my target area i think she'll test it
Anything open fellas?
April forex is for fools addition
Posted:
#3
Just this trade..i been super busy here as of late.im always checking ratesthough just havent had time to devote to forex,made a few trades but running the little ones and the wife going back to school has really messed with my free time
I like the market settled like this seems it takes some of the stress out of it..
Posted:
#16
Quote Originally Posted by sjewell29:
Glad to see this thread has some life. Great to see you are making some money too, Wall!!!!!
Glad to see this thread has some life. Great to see you are making some money too, Wall!!!!!
Thanks!
I didnt buy/cover yet, I am going to risk it up to 1.2825 as a buy stop.
It might mean I get stopped out on some good news but it also gives me room on the downside and less risk if I step out and the EU goes up a ton.
Posted:
#18
Quote Originally Posted by rick3117:
Still squeezing out a trade short the eur/usd
Still squeezing out a trade short the eur/usd
Like you said wall, big profit but a long time waiting.
This is the longest trade, by far, and the most profitable I have ever been in.
Well had you been whipsawed and talked out of it you would probably be pissed off at this point.
The markets turned very low volatility wise and made for slow trading so this was a much longer duration then I like but being + 1000 pips in the money and it is worth it.
Glad you are hitting it straight here, all political differences aside of course.
Posted:
#21
I think that you are probably right. 1.27 is a good number, I have a stop set at 1.2760, A few pips above this recent resistance level.
I think that fear in the eurozone is much to profitable for way too many people to stop the train now.
I am still waiting for a test of the 1.2623 level that we saw at the beginning of the year, and to see if it will test lower lows. If that level is violated in any meaningful way tonight or tomorrow it will be a tough decision, but will probably close this baby before the weekend. Too stressful. Not used to it, the past few weekends have been pretty nerve wracking.
Definitely have had an itchy trigger finger today. Want to book this massive profit, and start scouting a bottom.
Posted:
#22
rick,
btw..I am not reversing and going long here, rather I keep expecting a market bounce and thus the EU bounce..its odd seeing the market down more than one day out of ten.
All that said, this selling is not fear selling, I dont see people throwing in the towel and afraid at all, probably due to the FED putting a floor in before propping the market more.
Posted:
#25
I thought about 1.28 but I really expected the markets to move more and them to run off with some risk for more than a day.
One thing for sure, a long is not a good idea barring the EU throwing a trillion bucks at Greece and keep them in the union.
I think the downside is below a buck, below par if Greece exists and one of the other weaker members start teetering.
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