Posted:
#1
Just got home about 30 mins ago looking over the charts..lets have a good week boys
Im jumping right in on a sell of USD/CHF......1.12517.going for $500 28 pips
May version 2.0 FOREX
Posted:
#4
Well looks like im alone tonight i guess???
Im not setting a stop just my limit...getting the cross on the 2@4hr charts so im gonna let it ride...
i only need 1.1224 here its been as low as 28....
i only need 1.1224 here its been as low as 28....Hey Wall could you fix title of threade to May Forex version 2.0....please and thank you
Posted:
#9
I was down more on the trade than up overall which goes to the theory of being able to leg into a trade and be willing to take a short term loss, even a mid term loss before a trade goes your way.
I bet less than 10% of total trades for me were instantly positive or werent negative at some point in time.
I regret last night not getting into a long AU.USD trade, I didnt want to start another in the middle of my Yen trade..
I bet less than 10% of total trades for me were instantly positive or werent negative at some point in time.
I regret last night not getting into a long AU.USD trade, I didnt want to start another in the middle of my Yen trade..
Posted:
#10
Well i knew that the pair was in for a good drop but there was no way i could stay up any later....cross on the 4@2hr charts made it impossible to pass up...was good for over 100 pips and i got 28...but as always im not greedy
You get out with what you wanted SJ?
Nice job Wall
Posted:
#11
Barely buck... It closed, and then went right back up. Looking now, it is back down to where my limit was, and looks like it's going lower. That's O.K. Until this EUR piece of shit is done, I'm like wall and really don't want to get tied up too long in another one. I'll take a few pips here and there, and hope I can get out of this EUR someday.....
guess is houlda jumped out at $500...
Posted:
#19
Starting an SS on the LB.US at 1.5488
I really thought the US markets would drop late here, but they havent and it has meant more selling on the USD.
I will leg into a position and I am not looking for a killer trade, the trend is up because the USD is trending lower, the US markets higher, but it is very overbought and due for a pullback.
If the pair goes 30 higher I will add a mini lot and go up from there.
I really thought the US markets would drop late here, but they havent and it has meant more selling on the USD.
I will leg into a position and I am not looking for a killer trade, the trend is up because the USD is trending lower, the US markets higher, but it is very overbought and due for a pullback.
If the pair goes 30 higher I will add a mini lot and go up from there.
Posted:
#22
There will be the time that the US markets hit a bad stretch and the USD will strengthen..it will happen, we are just in the middle of a very strong stretch for the markets, thus a weak stretch for the USD.
As for my preference I would rather be short the EU/LB/CHF/CAD versus the AUD and the YEN (all vs the USD of course)
As for my preference I would rather be short the EU/LB/CHF/CAD versus the AUD and the YEN (all vs the USD of course)
Posted:
#25
No problem sj,
I am looking for 1.5448 on the buy cover, but given how overbought this is I should be patient and look for 200 pips.
Retraces on this chart look like 200 or so, but I wont be greedy and shoot for 100 or so combined.
These minis are not rewarding enough..I need the full lot action, but will be patient and try to get some continuity before I up past a half lot (which is where I try to get with each position)
I am looking for 1.5448 on the buy cover, but given how overbought this is I should be patient and look for 200 pips.
Retraces on this chart look like 200 or so, but I wont be greedy and shoot for 100 or so combined.
These minis are not rewarding enough..I need the full lot action, but will be patient and try to get some continuity before I up past a half lot (which is where I try to get with each position)
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