Caesarnc--what time zone are you in? I'm trying to figure out when you sleep.
- #16,523
- Jun 29, 2007 10:04am Jun 29, 2007 10:04am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
Holy batman! Cable still going up.
All my shorts were stopped out this morning, im sure glad I decided to call it a day 8 hours ago and not add more shorts!
At this level I am starting to be tempted to short again but not just yet
- #16,525
- Jun 29, 2007 10:06am Jun 29, 2007 10:06am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
i don't get it. i'm seeing some sellers but the price doesn't reflect it.
Caesarnc--what time zone are you in? I'm trying to figure out when you sleep.
- #16,526
- Jun 29, 2007 10:10am Jun 29, 2007 10:10am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
I'm wrapping up for the weekend, in other words:
CHA-CHING!!!CHA-CHING!!!
CHA-CHING!!!
Copyright 2007 - bravado - All Rights Reserved
CHA-CHING!!!CHA-CHING!!!
CHA-CHING!!!
Copyright 2007 - bravado - All Rights Reserved
- #16,535
- Edited 11:02am Jun 29, 2007 10:51am | Edited 11:02am
i have three shorts opened in succession
Maybe im wrong but what im seeing now its an incredible ZERO risk trade possible on the next thursday.
Zero because i dont even have to be right about the decision, if they raise, i dont enter.. dont win dont lose. If they hold, what? 300 pips down? Am i wrong?
Theres no statements on hold decisions, so no speculation is possible until further information. Even if the price holds for somekind of divine miracle, its almost impossible to hit the stop.
Well. If you make it, i guess you will blast your account with money, but if you dont what happens? And for what? Just to be a few pips ahead of the others?
Being ahead its great but for when we are looking for 50 or 100 trade, not 300.
Last time, someone late 1 hour after the decision could have gained tons of pips anyway.
Well, i guess everyone will follow their own plan. Maybe im seeing something to good to be true.
Please. Explain to me what am i seeing wrong. (If you can!
)Btw.. im not seeing a big correlation between GBP and EUR these days, but even if the Euro starts to rise after Trichet speech.. GBP might follow through but only after "unload" the "hold punch" right?
I dont mean to criticize but remember what i said a few days ago about waiting until the rate day because its completly unnecessary to get surprises until there?
Maybe im wrong but what im seeing now its an incredible ZERO risk trade possible on the next thursday.
Zero because i dont even have to be right about the decision, if they raise, i dont enter.. dont win dont lose. If they hold, what? 300 pips down? Am i wrong?
Theres no statements on hold decisions, so no speculation is possible until further information. Even if the price holds for somekind of divine miracle, its almost impossible to hit the stop.
Well. If you make it, i guess you will blast your account with money, but if you dont what happens? And for what? Just to be a few pips ahead of the others?
Being ahead its great but for when we are looking for 50 or 100 trade, not 300.
Last time, someone late 1 hour after the decision could have gained tons of pips anyway.
Well, i guess everyone will follow their own plan. Maybe im seeing something to good to be true.
Please. Explain to me what am i seeing wrong. (If you can!
- #16,539
- Jun 29, 2007 11:18am Jun 29, 2007 11:18am
not a problem sir. i actually quite enjoy reading the 'criticism'
But remember that im not criticizing you, in a way of saying that you are wrong, and you will lose.
Remember that im thinking short too until further CPI info, so, in my mind you have the odds on your side to win. Im just saying that even if the price starts now to consolidate and drops a little, im dont believe that will drop too much below 2.0000
One thing i know. Whatever it happens i will learn a good lesson for free.
Good to see ppl like this.
But remember that im not criticizing you, in a way of saying that you are wrong, and you will lose.
Remember that im thinking short too until futher CPI info, so, in my mind you have the odds on your side to win. Im just saying that even if the price starts now to consolidate and drops a little, im dont believe that will drop too much below 2.0000
One thing i know. Whatever it happens i will learn a good lesson for free.
but these are the risks we take doing this. why don't we all get 'proper' jobs!