Joined Apr 2010
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Status: happy as a pig in shit.
|1,448 Posts
I've added to EJ trade at 'breaky' above 107.95 early this morning, will add again 'breaky' above 109.11.
On EJ missed the 'break' above 140.06 to add more, next chance 140.94.
little buy on UCad on fakey at 1.0935, i was a bit late
After EG hit my TP it has continued down to the next 'break' level at 7874 but failed to go past the breakout candle so i refrained from entering..but i'm watching
EC is still going well, just bounced off a week 'break' line at 1.4116
Joined Apr 2010
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Status: happy as a pig in shit.
|1,448 Posts
NOTE..
I still have the hedge bets going on several Gbp pairs. buy and sell bets in the same position. the idea is to dump the loosing trade when the voting is known.
Remember the polls close at 10pm GMT. first news should be around 2am with a majority complete between 3-6am with the announcement at 6:30 -7am. But with most polls results will leak out giving a good idea of the overall results. But so what????
Well it is believed that a major part of Gbp move will happen when london opens, when the liquidity rolls in. That should give me ample time to exit the loosing side and ride the wave.....wish me luck
I have been reading the ghous 'mastering the art of trading' thread and have put together the highlights of the first 10 pages in a pdf ...hope this helps someone.
Joined Apr 2010
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Status: happy as a pig in shit.
|1,448 Posts
thanks pip monkey. I'm really surprised more are not interested in this way of trading.
THIS IS ONE OF THE FEW TIMES US AS TRADERS ARE AT AN ADVANTAGE....i'm listening to the radio live and trading as news flows through, it is the first time i feel i have an advantage over the big boys. listening to results live, and getting in on the market before it has a time to move.
Joined Apr 2010
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Status: happy as a pig in shit.
|1,448 Posts
well not the move up i was expecting at london open. a lot of my buy bets hit BE as the markets reversed after a strong asian rally on the back of the vote. One thing i'll be checking over the weekend is the medium to long term trend to see if it's changed.
[quote=kraven;7748832]thanks pip monkey. I'm really surprised more are not interested in this way of trading.
If you want more participation? You may want to open a new thread in the systems category ,as journals are more private in general. thanx again for the great thread
There has never been a statue erected in honor of a critic
Joined Apr 2010
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Status: happy as a pig in shit.
|1,448 Posts
I agree pip monkey but i find the systems forum distracting with bullshit systems promising 99% returns etc...
Anyway Friday didn't go as well as expected. looking back i got greedy and they back fired..... should learn to always stick to your system.
Looking at the charts i think it'll take a little time to restore order. i thing the Gbp will rally back up to referendum highs eventually. will probably take it easy this week as I have other things to do.
Joined Apr 2010
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Status: happy as a pig in shit.
|1,448 Posts
update
UCad pulled back a bit
AU trades doing well
GChf pending still on, first entry +160
UJ added to when price retested second entry, first entry +210
NU second entry triggered up +20, first entry up +100
EG in profit
Joined Apr 2010
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Status: happy as a pig in shit.
|1,448 Posts
EJ burst through and going well
update from post #51 & #52...all in profit
UCad pulled back a bit.............. bet 1 cashed in for +160, bet 2 now in profit off breaky
AU trades doing well....bet 1 +194 (tp at 8757) bet 2 +80
GChf pending still on, first entry +160.....entry 1 +180, entry 2 close to profit
UJ added to when price retested second entry, first entry +210...same
NU second entry triggered up +20, first entry up +100......entry 1 up +192 (tp 7882) entry 2 +120
EG in profit...+22
Joined Apr 2010
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Status: happy as a pig in shit.
|1,448 Posts
ooooooooooooooooohhhhhhhhhhhh shit. is it going to be one of those weeks??
I bail on the NzU (last post) and the Nz PM comes out and says 65 is a fair value and it plummets a further 100 pips WTF. placed a sell order at 7800 in case it pb's
On the plus side my ANz trade (post 53/55) hit it's TP in an instant 1.1216 for +100.......who says you can't make money trading Sydney
..added AU sell at 8720 breaky
...GU sell at 6267 breaky
Joined Apr 2010
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Status: happy as a pig in shit.
|1,448 Posts
ooooooooooooooooohhhhhhhhhhhh shit. is it going to be one of those weeks??
I bail on the NzU (last post) and the Nz PM comes out and says 65 is a fair value and it plummets a further 100 pips WTF. placed a sell order at 7800 in case it pb's
On the plus side my ANz trade (post 53/55) hit it's TP in an instant 1.1216 for +100.......who says you can't make money trading Sydney
Joined Apr 2010
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Status: happy as a pig in shit.
|1,448 Posts
lucky enough to be trading at my pc before US data came in so i have exited a number of bet with the hope of getting back in later, could be a bad idea but the markets have been so slow this week.
EU exit +30
GU exit for +45
..EC (pic above) hit -20 SL
........any pullback USD against AU, Nz or Jpy considered an entry opportunity around any big RN. Why...Aussie bad data, Nz Prime Minister saying he'd prefer a weaker currency and picked 65 US cents...JPY outlook for next year 115 - 120 against US before any intervention. And importantly for me, the trend says so.