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The Swamp

  • #40,821
  • Sep 3, 2019 1:15pm Sep 3, 2019 1:15pm
Quoting gatorinla
{quote} no.. I would stop digging long before that.. I dont expect 900 or I would stop digging now. I know how to take a loss or bed down.
on a monthly basis you can see 1.27 still be in a down trend and get lower in the next few months.
so 600 pips the limit up ?
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #40,822
  • Sep 3, 2019 1:29pm Sep 3, 2019 1:29pm
Quoting DMA Trader
{quote} on a monthly basis you can see 1.27 still be in a down trend and get lower in the next few months. so 600 pips the limit up ?
I can't put on a seat belt to trade. I do have risk. You have to figure out your personal tolerance. Mine is Brexit to follow. 4h R at 2240.. mid at 2114.
I closed not far from the low. I opened 1 short 12 pips off low. I'm just reloading the positions I had before the drop. Wash rinse repeat.
those who can, do. those who cant, talk about those who can
  • #40,823
  • Sep 3, 2019 1:39pm Sep 3, 2019 1:39pm
Quoting gatorinla
{quote} I can't put on a seat belt to trade. I do have risk. You have to figure out your personal tolerance. Mine is Brexit to follow. 4h R at 2240.. mid at 2114. I closed not far from the low. I opened 1 short 12 pips off low. I'm just reloading the positions I had before the drop. Wash rinse repeat.
you don't need to tell more about how you trade... nobody tell us about how they trade... we trade the methods that have been working for us....each trader has to find his/her own methods to fit their own risk tolerance and their personality..
  • #40,824
  • Sep 3, 2019 1:47pm Sep 3, 2019 1:47pm
With the market pricing in a high probability of a no deal brexit and with a vote tonight in the Uk parliament to pass a law preventing a no deal brexit the pound has the potential to move up hundreds off pips.


Cheers


Jeff
I EAT PIPS
  • #40,825
  • Sep 3, 2019 1:47pm Sep 3, 2019 1:47pm
Quoting Boulder
{quote} you don't need to tell more about how you trade... nobody tell us about how they trade... we trade the methods that have been working for us....each trader has to find his/her own methods to fit their own risk tolerance and their personality..
it wasn't about that
last week or so i was long he was saying short don't remember if he was or waiting for entry - not important
the thing is we are both short right now. wanted to see another opinion and what can be a line in the sand or something

sure something happens tonight and we change our opinion and switch sides.

it was just to see a level that will change the pictures. i know while we post some trades maybe we do a lot more and there is no time for them

for me the move close to 1.23 was a beginning of a Leg up - while we were still in the downtrend.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #40,826
  • Sep 3, 2019 1:48pm Sep 3, 2019 1:48pm
Quoting jshear
With the market pricing in a high probability of a no deal brexit and with a vote tonight in the Uk parliament to pass a law preventing a no deal brexit the pound has the potential to move up hundreds off pips. Cheers Jeff
true - also heard Boris speech and possible lose of majority - and also probability of a deal with EUR increasing right now
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #40,827
  • Sep 3, 2019 1:54pm Sep 3, 2019 1:54pm
Quoting DMA Trader
Short EU - 970 - again targeting 950
960 should be some support -
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #40,828
  • Sep 3, 2019 1:59pm Sep 3, 2019 1:59pm
Quoting jshear
With the market pricing in a high probability of a no deal brexit and with a vote tonight in the Uk parliament to pass a law preventing a no deal brexit the pound has the potential to move up hundreds off pips. Cheers Jeff
Problem solved? Not. It could also drop a thousand pips. The euro or the gbp is not being treated as a safe haven. UK leaving sets up others to leave EZ in the future. It could also set up N. Ireland or Scotland to leave UK.
The usd is being treated as a safety currency..
those who can, do. those who cant, talk about those who can
  • #40,829
  • Sep 3, 2019 2:02pm Sep 3, 2019 2:02pm
Quoting DMA Trader
{quote} true - also heard Boris speech and possible lose of majority - and also probability of a deal with EUR increasing right now
That just creates more uncertainty for UK. The problem is not solved.
those who can, do. those who cant, talk about those who can
  • #40,830
  • Sep 3, 2019 2:09pm Sep 3, 2019 2:09pm
Shit like this will happen until the world squashes Putin. The UK turmoil is Putin's doing. Just like in the U.S.
Inserted Video
those who can, do. those who cant, talk about those who can
  • #40,831
  • Sep 3, 2019 2:15pm Sep 3, 2019 2:15pm
Quoting gatorinla
Shit like this will happen until the world squashes Putin. The UK turmoil is Putin's doing. Just like in the U.S. https://www.youtube.com/watch?v=fT65rlutaC8
hey... you need to take a break... can I pick you up for coffee?
  • #40,832
  • Sep 3, 2019 2:19pm Sep 3, 2019 2:19pm
Quoting Boulder
{quote} hey... you need to take a break... can I pick you up for coffee?
with beignets? I know a decent crab house across the street.
those who can, do. those who cant, talk about those who can
  • #40,833
  • Sep 3, 2019 2:21pm Sep 3, 2019 2:21pm
Quoting gatorinla
{quote} with beignets? I know a decent crab house across the street.
yeah.. lets go there..
  • #40,834
  • Sep 3, 2019 2:24pm Sep 3, 2019 2:24pm
Quoting Boulder
{quote} yeah.. lets go there..
here?
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those who can, do. those who cant, talk about those who can
  • #40,835
  • Sep 3, 2019 2:26pm Sep 3, 2019 2:26pm
Quoting gatorinla
{quote} here? {image}
or here?
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those who can, do. those who cant, talk about those who can
  • #40,836
  • Sep 3, 2019 2:28pm Sep 3, 2019 2:28pm
Quoting gatorinla
{quote} or here? {image}
yeah.. cafe du Monde.. my favorite coffee place..
  • #40,837
  • Sep 3, 2019 2:42pm Sep 3, 2019 2:42pm
Quoting Boulder
{quote} yeah.. cafe du Monde.. my favorite coffee place..
local street musician sits on the stoop. Hundreds of bars, most have live entertainment.
pa seems to be stopped.
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those who can, do. those who cant, talk about those who can
  • #40,838
  • Sep 3, 2019 2:47pm Sep 3, 2019 2:47pm
Quoting gatorinla
Shit like this will happen until the world squashes Putin. The UK turmoil is Putin's doing. Just like in the U.S. https://www.youtube.com/watch?v=fT65rlutaC8
Gator, if you don't mind, and when you have some time, please give me a brief rundown on why you think Mr. Putin is the cause of the turmoil in Ukraine, UK and US. Thank you.
  • #40,839
  • Sep 3, 2019 2:50pm Sep 3, 2019 2:50pm
Quoting gatorinla
{quote} local street musician sits on the stoop. Hundreds of bars, most have live entertainment. pa seems to be stopped. {image}
yeah ,, I love New Orleans,,,,
  • #40,840
  • Sep 3, 2019 2:52pm Sep 3, 2019 2:52pm
Quoting Mitiblotch
{quote} Gator, if you don't mind, and when you have some time, please give me a brief rundown on why you think Mr. Putin is the cause of the turmoil in Ukraine, UK and US. Thank you.
great..Miti.. I try to get him out of his political rant...
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