MY Journal-phil13

Quoting alexandria

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{quote} Yup - at that average now - I thought it might smash it?? My man sometimes does a funny little thing or I feel like it does some small trend swings in a pullback and then it bursts free in a run- like a sprinter warming up and some times it is just fizzling out and weak. Alex

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Quoting phil13

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{quote} Hi Alex now i would be watching closely for the turn in your man. i might have a go at this as my girl does not want to dance atm. {image}

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Quoting phil13

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{quote} Hi Alex now i would be watching closely for the turn in your man. i might have a go at this as my girl does not want to dance atm. {image}

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Quoting phil13

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Hi Alex i cannot see anything ?? scout in.... post charts later unless this scout is taken out, then i will just say here.

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Quoting alexandria

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{quote} Could feel the turn or a change of gear. Alex

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Quoting phil13

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{quote} Hi Alex yes, the liquidity run in the LTF that is what i was looking for as the bear wave feel so deep. they seem to have lost interest, so now testing the buyers, this is a good clue as to add or not but does not always happen.

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Quoting alexandria

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{quote} I am going out this afternoon so will miss the news. Alex

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Quoting phil13

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news trade, very strong move so no choice but to try to catch the retrace ..... {image}{image}

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Quoting alexandria

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{quote} I had a feeling this was going to happen - as I felt strong buying in eurusd pullbacks and gbp was not running south. EURGBP was running south. I figured out at lunch that they were setting up lots of places for stops to hunt in eurusd. If I had been cleverer I would have maybe traded eurgbp this morning. Never traded that before. Alex

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Quoting phil13

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{quote} Hi Alex i know what you are saying and i felt someone in the know was already selling (USD) news, but even if you have a stop loss when the market moves that fast you could easily get massive slippage against your stop order, often the price will whip up/down as well to catch you in the slippage, that stop order is what it is, only an order to sell/buy out after a given price hit, it is not fixed in stone at the price you placed the stop at, in this case in G/U i know by the speed of the move it would of likely created 100pips+ slippage,...

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Quoting alexandria

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{quote} No - I agree with what you have said - looked like no opportunity to get in. But maybe it would have been a good day to trade eurgbp short- not sure as never done it. Do you think the buying I saw in some pullbacks was someone big in the know buying - you could see them do it then whip it around too? Alex

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Quoting alexandria

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{quote} No - I agree with what you have said - looked like no opportunity to get in. But maybe it would have been a good day to trade eurgbp short- not sure as never done it. Do you think the buying I saw in some pullbacks was someone big in the know buying - you could see them do it then whip it around too? Alex

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Quoting dbrown101

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{quote} I noticed this behavior also. Before the news I even took a screen shot of my charts for my notes because it looked suspicious to me. Big singular up bars in the gbp and staying in tight range but with no follow through and eur trending down . Fti mentioned somewhere in taf that intentions can be masked in the crosses and at some point called the eurocable their poison tool. I never fully grasped all that but today felt like something was taking place. Like you said, someone in the know buying and hiding their intentions???

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Quoting phil13

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{quote} Hi Alex i used to trade loads of different pairs as you may know, sometime often i would have trades in multiple pairs at a time, you may well be correct about trading E/G pre news this morning, but for me personally i find it better to now only trade one pair that you know fairly well, the difference now is i trade that one pair with bigger sizes instead of spreading it about the other pairs, but it is less hassle than trying to hunt out loads of pairs for a trade, i am happy with 3-4 trades only a week at about 50 pips each, as you can...

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