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

closed out out took a 5 pip loss on 25 lots on 2 trades.  i might still fall but i dont like its movement. 

well damn if i waited 2 minutes i could grabbed 2 pips profit on those lots. actually i woulda kept this open if i was still in it. 

damn the ema on the 15 minute was still moving lower. i was paying too much attention to the 1 and 5 minute charts. the 5 stayed flat but the 1 minute chart ema went up and got me scared. this pair is gonna fall and im not in it 

grrrrr testing that 88.70 support and broke it. 88.67 and falling motherfucker lol 

gotta shake that last trade off.  i see gbp/jpy has some support at 13310 to 133 area gonna wait for it to get in that area and go long. 

Holy crap are you trading micro lots?

GBP short good for 70+ since this afternoon

My trades are still dead in the water...now JPY has moved south on me...im not adding to this one....she can sit in my account for months until it hits my limit

DJIA is now crossing on the weekly...she may still reverse but if not RISK will take the hit...all the trades i mentioned Sunday night are all winners for almost 100 each...i have the worst luck ever...

Working an odd shift and its almost a two hr drive from home and my air card doesnt get service in BFE but there is WIFI near the job so ill take my laptop Tues,im dead tired gonna go nap see you boys tomorrow..

Get some pips for me

nevermind i'm short the gbp/yen @ 133 it fell right threw that support lol i didnt even get a chance to go long 

Pap what are your pip values trading 15 lots?

lol i got stopped out on that one quick man these markets are moving today 

$1 per pip so $15/pip . i only do those if i'm really confident on where something is going and can use support or resistance as a backstop. 

i had 40 lots and 30 lots when usd/jpy fell threw 89.00 so i have been following this pair all night 

papa,

At 1 per pip that isnt too bad, and I can see why you would trade that many..

Interesting drop today, I have to say I didnt see it coming..still early and plenty can happen before we are finished.

For how much the markets are down, the Forex pairs arent all that damaged..

I saw some article about British politics and the effect it might have..that seemed to smack the LB down a bit.

If she cant rally the cross on the DJIA weekly will hold

I thought we would see 12150 in EU but i figured $/CHF would move up also...these two are supposed to move together...or it used to be this way..werent these two the strongest correlated pairs?

 

Not that its my biz or anything Pap...but when youre trading 30 of one and 40 of another you know thats like 7k in margin youre using right?Pairs like LB/JPY are even more per lot than the standard pairs/USD...be careful my friend

Buck

Global economic unrest? I dont get that but unless they break trend lows on the SPX this isnt convincing to me yet..

ok normal position  short gbp/jpy 133.55 looking for 50 pips 

I am going to tail that trade..I think the markets are going to get worse here.

also shorting eur/usd 122 looking for 40pips

closed eur short 

man theirs buyers in gbp/jpy down here it should  already be @ 133 IMO 

Agree..

With the SPX under 1040 they should have dropped some risk pairs more.

Nice 40 pt bounce in the DOW in the matter of 2 minutes