Schools out for[ex] summer....June edition

been busy all day but i plan to be on here tonight. gonna do some reading and check these charts

Well things went the way i thought...couldve had 60 in AUD...NZD has only dropped down to the 20s but it still looks weak...

I hate to do it but im taking a stab with EU/LB looks like this is the low...until i get in anyway..8273 just pulled the trigger and set a limit at 40 pips...

 

LOL...i knew the bottom would fall out once i jumped in...guess i shouldve just entered that buy order and let it ride...would only be down 15 pips not 50

Ill check in later this afternoon

SS Lb.Yen 134.65

This is a wager on how I think the USM will trade after the Fed announcment.

Risky for sure..

Thanks for the replies gentlemen.  

Coondawg,

I think using the USD index as a base measurement is a great idea..since it is a function of its overall price relative to other currencies.

I am still of the belief that factoring out traumatic events, the DXY is inversely tied to the USM and trades counter the stock market..

joined both trades short gbp 134.52 and long eu/gbp 8231

took 40 pips on the gbp short here

I have the worst luck ever..missed all those pips in EU,GBP was a good sell...CHF was perfect....AUD was easy to see...and i end up in a trade that bottoms out an hr after i enter...not worried about the trade just pissed i couldve been in and out of any of the others i called out...why/how do i always pick the wrong one???

Im stepping out for the better part of the day be back on later...hope to see +++$$$ but i doubt it

buck,

We were in that middle area and if those housing numbers dont hit, the reverse happens on those trades you missed..I wouldnt worry about it, we were in no-mans land and that is a risky proposition..the market could completely flip the other way after the FED too..

i agree with walls we were in no mans land for sure. i was up looking for a trade and couldnt pull the trigger on anything. the EU/gbp is turning up and if the usm rallies to closeout we should be fine.   

buck did u average the EU/gbp trade ?? i was gonna say earlier that 8200 should hold given that we dont go - 100pts or more on usm. and it looks like we were close -60 something an d it held.   

No i wanted a bigger drop b4 id average..no big deal...sucks to pick out a few pairs for trades and the one i jump in is the one that takes the longest..i like GBP/USD short here gonna take it now and go for 50...1.4963

I missed $/JPY got a buy for 8955 GTC been on for a few days thought it woulda caught on by now...im sure the 60s will be the low just to screw me once more this week..

can u help me figure this out... in my acct it says my acct balance is 2,243... my realized gain/lose is -658.43 and my unrealized gain/lose is -116.50... now i understand the unrealized lose but i dont understand y my realized lose is so high wen i only lost money on 1 trade 4 $200.... n if its realized then y is my acct balance still up sayin i made money... thanks, im starting to think stocks r easier lol 

jus logged in n now it says i only hav 1,573 in my acct

Did you have a pending order set or something?

Balance will adjust at then end of the trading day..5pm so realized will be added/subtracted to your account balance at theat time...

Can you list the trades youve made for us?Have you contacted customer service to go over the amount in question?

Ive never had any balance issues b4..but ill try to help

To me it seems he might have been called out margin wise.

Without the details it would be tough to know exactly what happened.

I also wonder if he is trading full lots on that small of an account?

jumped in the gbp/usd  short at 149.96

i dont remember the trades i did but i did buy more lots on 1 of my trades wen it kept goin down to try n avg so mayb that has sumthing to do wit it n on 1 of my trades i was down $200 so i shorted it but it jus subtracted lots from the previous trade i had... n i hav 10,000 lots

also in a mini acct is ur margin 100,000 wit a 2000 br, cause there margin meter is confusing it should jus say how much u hav left

could it b from the rollover cause i held on to them 4 a couple days?

It should be 10k lots...but if you made 200 and youre account is now down 700 youd have to of lost several hundred pips with two or three lots...???With two lots 350 pips??

 

They wouldve let him get down alot more than that b4 a margin call though Wall...at most he would have $500 left???IDK what happened...he must have had a stop on and had several lots is all i can figure....

If you were long/bought a pair and then started selln lots you werent averaging in you just got rid of a lot you were long...does that make sense?

If you sell a pair and want to raise your AVG price youd have to sell more at an even higher price to bring your avg up..buying lots would be buying at a lower price as it drops AGAINST you to lower your avg price...