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GBP/JPY with Seaward22

  • #21
  • Jul 27, 2008 10:21pm Jul 27, 2008 10:21pm
Quoting attrium
I am shorting this pair, too. I am expecting a fall down to 206... area before it will go up again. I mean come on, this pair should fall even by its gravity. GBP is just too heavy these days.
You will make lots of money if all your analysis is this good. Now all we have to do is convince the banks to stop stealing our money.
  • #22
  • Jul 27, 2008 11:24pm Jul 27, 2008 11:24pm
here we go to the downside!
  • #23
  • Jul 27, 2008 11:52pm Jul 27, 2008 11:52pm
Very nice guys. My target is about to hit at .35. Should I losen my TP or use a SL?

I've been trading oil, gold, and silver religiously which is a whole different ball game. Still new to the currencies. I still haven't been brave enough to go for 100 pips. Oil I can get 100 pips in the matter of minutes, but those days maybe over. By the way I've shorted oil from $90.00 and survived! Day trading this thing to death. Went 120 closed trades in a row before taking a loss.
  • #24
  • Jul 27, 2008 11:54pm Jul 27, 2008 11:54pm
Ouch. Missed it by a pinch and it shot up 12 pips.
  • #25
  • Jul 28, 2008 12:28am Jul 28, 2008 12:28am
Went ahead and closed at 214.38. I have another short way below I'm waiting on. When it retraces I'll get back in. Now I'd like my Eur/Jpy to close.
  • #26
  • Jul 28, 2008 1:50am Jul 28, 2008 1:50am
Went down to 213.85 before reversing. Missed 50 pips. Better safe than sorry.
  • #27
  • Jul 28, 2008 2:46am Jul 28, 2008 2:46am
This thing keeps going down. I have one more short left from last week. Wish I had a spot to enter another. Might be too late for London session. Hard to trade over here in the U.S. where its 3:45 am. I always feel like the time is over.
  • #28
  • Jul 28, 2008 3:00am Jul 28, 2008 3:00am
Shorted at 213.96. Stoch is way above overbought.
  • #29
  • Jul 28, 2008 3:40am Jul 28, 2008 3:40am
just jumped out of my short
  • #30
  • Jul 28, 2008 4:25am Jul 28, 2008 4:25am
I'm down 13 pips on my latest short at 213.96. Don't like it staying above 00. I'll make a decision on what to do before the U.S. session starts.
  • #31
  • Jul 28, 2008 7:30am Jul 28, 2008 7:30am
Quoting Seaward22
I'm down 13 pips on my latest short at 213.96. Don't like it staying above 00. I'll make a decision on what to do before the U.S. session starts.
i just took a long aiming 218.xx

stop-loss @ 213.00
  • #32
  • Jul 28, 2008 11:48am Jul 28, 2008 11:48am
Quoting iiivb
i just took a long aiming 218.xx

stop-loss @ 213.00
I just went long 214.24. Shot down 10 pips right off the back. I'm treating this as a hedge for my short. I wish I had the balls to wait on 218. I just can't stand watching the ranging.
  • #33
  • Jul 28, 2008 12:46pm Jul 28, 2008 12:46pm
Quoting Seaward22
I just went long 214.24. Shot down 10 pips right off the back. I'm treating this as a hedge for my short. I wish I had the balls to wait on 218. I just can't stand watching the ranging.
Good luck, you'll need it
Trade what you see, not what you think.
  • #34
  • Jul 28, 2008 2:41pm Jul 28, 2008 2:41pm
Quoting karmostaji
Good luck, you'll need it
Already closed with a 20 pip gain. Shows what you know.
  • #35
  • Jul 28, 2008 2:58pm Jul 28, 2008 2:58pm
Quoting Seaward22
Already closed with a 20 pip gain. Shows what you know.
Wow! 20 whole pips. Don't spend it all in one place. LOL!

You should spend some time reading Karmo's threads and posts. 20 pips gained is a waste of time to him. One of the best traders on FF.
  • #36
  • Jul 28, 2008 3:05pm Jul 28, 2008 3:05pm
Quoting magnumfreak
Wow! 20 whole pips. Don't spend it all in one place. LOL!

You should spend some time reading Karmo's threads and posts. 20 pips gained is a waste of time to him. One of the best traders on FF.
Seriously 20pips GAINED is a waste of time? By definition making pips, i.e. $$$$, is not a waste of time.
  • #37
  • Jul 28, 2008 3:33pm Jul 28, 2008 3:33pm
Quoting Pennypacker
Seriously 20pips GAINED is a waste of time? By definition making pips, i.e. $$$$, is not a waste of time.
Seriously, don't take yourself so seriously.

Waste of time may not have been the best choice but certainly a 20 pip gain for Karmo would be a dissapointment to say the least. Read through his posts and threads and you will see what I mean.
  • #38
  • Edited 3:59pm Jul 28, 2008 3:47pm | Edited 3:59pm
Quoting magnumfreak
Seriously, don't take yourself so seriously.

Waste of time may not have been the best choice but certainly a 20 pip gain for Karmo would be a dissapointment to say the least. Read through his posts and threads and you will see what I mean.
You guys don't even take time to read the entire thread. We've gained over 100 pips in this session alone trading this way. You don't see us bashing him or you. Whats the deal?

We are day trading this pair which doesn't provide 100 pip movements. Take a look at my commodities account. I gain 100-300 pips constantly. Looks like you guys are swing trading, totally different ballgame.
  • #39
  • Jul 28, 2008 3:48pm Jul 28, 2008 3:48pm
Quoting Pennypacker
Seriously 20pips GAINED is a waste of time? By definition making pips, i.e. $$$$, is not a waste of time.
I don't know why they're upset. How odd
  • #40
  • Jul 28, 2008 3:55pm Jul 28, 2008 3:55pm
bad choice of words on my part. Lost in the translation from down south. LOL! Forget it and lets move on.

Are you saying that you captured about 100 pips during the U.S. session or overnight??
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