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  • #821
  • May 16, 2018 3:51am May 16, 2018 3:51am
Quoting MisterWhite
{quote} Nice! I was too scared to hop into the short, much to my chagrin. I do have a EUR/TRY short open, that I was way early on. It’s beginning to correct. EUR/TRY is getting hammered worse.
The emotions, man. What a rush! I gotta avoid trading tomorrow. whew. Too much.
  • #822
  • May 16, 2018 3:56am May 16, 2018 3:56am
Turkish central bank promises 'necessary steps' to calm lira
Financial Times within the last hour
  • #823
  • May 17, 2018 10:07pm May 17, 2018 10:07pm
How Do You Solve a Problem Like Erdogan? ~ Foreign Policy
  • #824
  • May 22, 2018 1:06pm May 22, 2018 1:06pm
Not sure how to draw the chart, now... What think? Correcting now, or parabolic spike up to 4.85?
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  • #825
  • May 22, 2018 3:26pm May 22, 2018 3:26pm
Guess I found out. Jesus... Spike to 4.87
  • #826
  • May 22, 2018 4:25pm May 22, 2018 4:25pm
I promise, it's true: I was trying to buy eurusd when I slipped it into eurtry and about 5 minutes after, the spike hit.

Right now, I'm just super cautious playing my entries really tight. I'll be up before London Open to follow the banks that want to try to short the Lira.

100 Officers Jailed as Economy is Squeezed in Erdogan's Iron Grip
  • #827
  • May 22, 2018 6:15pm May 22, 2018 6:15pm
Sweetness! over 5k pips today.
  • #828
  • May 22, 2018 9:03pm May 22, 2018 9:03pm
Quoting SuperTiger
Sweetness! over 5k pips today.
Great job!
  • #829
  • May 23, 2018 1:14am May 23, 2018 1:14am
A 5.25% day, so far... and it's only half over. Absolute insanity!
  • #830
  • May 23, 2018 8:32am May 23, 2018 8:32am
Quoting MisterWhite
A 5.25% day, so far... and it's only half over. Absolute insanity!

Excellent for you!

I had the 6% from the accidental eurtry trade, so slept in.

This morning's hourly candles are heavy with pinbars. Glad I didn't trade this morning.

Absolutely love this pair,tho. Trade safe!
  • #831
  • May 23, 2018 10:06am May 23, 2018 10:06am
Quoting 2dollardog
{quote} Great job!
Thank you sir. I did do well yesterday, but today I gave most of it back darn it.

I am lucky I wasn't loaded as heavy as I normally would be because I have been
waiting for EU to break through the current support.

I hope you guys made it out with plenty of green pips.
  • #832
  • May 23, 2018 11:54am May 23, 2018 11:54am
On a positive note I would like to commend Forex.com. Earlier when the pair fell like a rock I happened
to walk up to the computer when it was 2k pips past my SL in MT4. MT4 was not responding to any
of my inputs for about 30 seconds and then the positions closed and my equity was corrected.
  • #833
  • May 23, 2018 6:45pm May 23, 2018 6:45pm
Quoting SuperTiger
{quote} Thank you sir. I did do well yesterday, but today I gave most of it back darn it. I am lucky I wasn't loaded as heavy as I normally would be because I have been waiting for EU to break through the current support. I hope you guys made it out with plenty of green pips.


I hate it when that happens. Today, I started giving back. I shut everything down and left the office. ha
  • #834
  • May 24, 2018 1:19am May 24, 2018 1:19am
How Markets Won: Erdogan Concedes a Hated Rate Hike to Save Lira Bloomberg


26% for me today with this pair.
  • #835
  • May 28, 2018 2:26am May 28, 2018 2:26am
Lira Rallies after Turkish Central Bank ...

05:25 NYT H1 closed below its 200 s ma
H4 below 50 s ma
  • #836
  • Jun 1, 2018 1:09am Jun 1, 2018 1:09am
The Turkish Lyr is eating dust again.
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  • #837
  • Jun 5, 2018 5:47pm Jun 5, 2018 5:47pm
You ever get other traders telling you to stop trying this pair and trade "normal boring pairs"? Dam.

So, I asked ...

Me: So, let's do this. YOU tell me what your math is on your trade setup? You know, the risk parameters and the money management and also the risk to reward ratio on YOUR setup on those regular pairs?


Them: *silence*

Me: Yeah, I didn't think so.

Exotic or not.. does't matter. Math is Math!
  • #838
  • Edited 8:01pm Jun 5, 2018 7:51pm | Edited 8:01pm
Quoting 2dollardog
You ever get other traders telling you to stop trying this pair and trade "normal boring pairs"? Dam. So, I asked ... Me: So, let's do this. YOU tell me what your math is on your trade setup? You know, the risk parameters and the money management and also the risk to reward ratio on YOUR setup on those regular pairs? Them: *silence* Me: Yeah, I didn't think so. Exotic or not.. does't matter. Math is Math!
Well put sir!

We just have to watch for Erdogan to speak. When he complains the Lira recovers temporarily every time. I'm long 4.60763, SL 4.56900, TP 4.87340
  • #839
  • Jun 12, 2018 2:00pm Jun 12, 2018 2:00pm
Been having to work for my scalp pips. Leery about all the fundamentals running around all over the globe, too. ha

Prior weeks spoiled me. ha
  • #840
  • Jun 13, 2018 12:21am Jun 13, 2018 12:21am
Turkish Lira Weakens to 4.62 NASDAQ Waiting on round 2.
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