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

wish i was home around close of stock market or 1 hour ago i woulda loaded up more lots on gbp/jpy. 

I thought about the LB when it was at 132  but I am in this AU trade so I am not going to look around at other things, barring some absurd action of course.

took 10 to 11 pips on that scalp on eur/usd. i think it will go back to test it again thats why i sold it out here. 

short eur/usd 122.12 stop 122.23  15 lots 

AU data coming...if its bad we see 80 by earlynext week...if its good i think we head back toward 87..

Added another at 1.46

man went to watch a movie, i set my stp wrong it shoulda been @ 122.26  and i woulda added more lots closer to 122.22 that trade woulda worked great but i messed it up oh well at even for the day on scalps. 

If they get to 131 I will go long the Lb.Yen

closed those gbp at 131.45. its going to 131 

i say the gbp will 131 within 30 minutes 

man i hope those NFP numbers blowout estimates friday  cause these pairs are getting slaughtered. funny thing is we have been waiting for this big move but the market denied it for soo long that we weren't riding it down anymore. 

Completely accurate..right on the money.

on a side note gbp may have found a temporary bottom  the daily low on 6/8 was 131.41 and thats where the current bottom is. well see soon thought the rsi is real low but could push down even further but that would be extreme. looks like it will trade sideways bringing all the moving averages lower and then conitnue its fall. 

me using stops is fucking up my account. stops are a must on a scalp but now im using them more and more on normal trades, i gotta break this habit. all the money i made on that scalp earlier this week has almost been eaten up by all these stop losses. 

scalping short eur/usd 122.20  stop loss 122.26  15L's 2 trades 

Stops are account zappers..these currency pairs trade too wildly and crush scalpers with tight stops..

Im liking the movement on eur/usd  short so far the rsi has built back up and can make a good fall now through 122 

theres some fib retracements @ 122.11 and 122.09 that may be holding up the 122.09 would still be holding. if it can go to 122.07 i would feel a whole lot better about this trade. 

ahhh yes  broke 122.09  now lets ge through 122 boys 

only got 10 pips outta both of those trades coulda had 20 but thought it would keep moving lower looks like its going back to that 122.22 level again 

looking at shorting gbp and eur/usd 

short gbp 8 lots 131.87  

short gbp 131.85 5 lots another short 

132.25 is 78% fib retracement gonna add around 132.18