figured today might be the day, all week I have been waiting for this puppy to drop, taking a postion right before us open, and have eaten a loss of at least 10 pips each day.
but today I have my revenge
sold usd/jpy this morning @ 99.35
figured today might be the day, all week I have been waiting for this puppy to drop, taking a postion right before us open, and have eaten a loss of at least 10 pips each day.
I finally got out of my Lb.CHF trade, limit hit on 1.6675 (barely if I might add) so now I am flat..was in that trade too long and too many contracts, but made a profit and now back to hunting for the next pair.
Nice job rick.
I finally got out of my Lb.CHF trade, limit hit on 1.6675 (barely if I might add) so now I am flat..was in that trade too long and too many contracts, but made a profit and now back to hunting for the next pair.
had to come home to pick some stuff up thought i look at the charts real quick....EUR/GBP looks like its going up some here....two lots going for 23 pips which is $650... .88813 entry
had to come home to pick some stuff up thought i look at the charts real quick....EUR/GBP looks like its going up some here....two lots going for 23 pips which is $650... .88813 entry
Good luck with that trade, you will need a breakout from that consolidation through .89 to get your number, looks like it might want to try here.
Very interesting 4 hr chart, tight tight band, its going to have a monster move with all this technical winding it is doing and with the lower highs and lows I would think a breakdown is likely.
We need to find a pair that has the potential that this one did, to move from 80 cents to 97 cents in less than 2 months, thats almost 2,000 pips and a ton of cash.
Good luck with that trade, you will need a breakout from that consolidation through .89 to get your number, looks like it might want to try here.
Very interesting 4 hr chart, tight tight band, its going to have a monster move with all this technical winding it is doing and with the lower highs and lows I would think a breakdown is likely.
We need to find a pair that has the potential that this one did, to move from 80 cents to 97 cents in less than 2 months, thats almost 2,000 pips and a ton of cash.
crazy busy at work today so i dont have the time to even sneak a peak at any charts or get in anything.... wont be around tonight either so good luck with your trades guys. good job too, everyone! we got a good little group here and we're only getting better as we learn more... i haven't had a losing trade this whole week for the first time as i am starting to really settle into trading with real cash
crazy busy at work today so i dont have the time to even sneak a peak at any charts or get in anything.... wont be around tonight either so good luck with your trades guys. good job too, everyone! we got a good little group here and we're only getting better as we learn more... i haven't had a losing trade this whole week for the first time as i am starting to really settle into trading with real cash
Im seeing that those reports that come out @ 8:30 have a serious effect on the pairs, and while the market opens later, the jump off point seems to be right at 8:30 lot of volatitlity between 8-10
I'm also noticing that there isnt as much volatility before the asian open. Like the news is already "baked in" at that point,
I am never up late enough for the european open,
have you guys noticed the same or different?
kind of wished I had waited til around 8:15
Im seeing that those reports that come out @ 8:30 have a serious effect on the pairs, and while the market opens later, the jump off point seems to be right at 8:30 lot of volatitlity between 8-10
I'm also noticing that there isnt as much volatility before the asian open. Like the news is already "baked in" at that point,
Looks like i only got out of GBP by a pips or two at the most....but im out so i wont complain......
Nice day Rick...thats why i cant wait to trade afternoons...good trades were out there in GBP/USD and EUR/CHF both worth over 100 pips right at 7am.....
Looks like i only got out of GBP by a pips or two at the most....but im out so i wont complain......
Nice day Rick...thats why i cant wait to trade afternoons...good trades were out there in GBP/USD and EUR/CHF both worth over 100 pips right at 7am.....