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EURUSD

  • #25,361
  • Aug 28, 2008 8:51pm Aug 28, 2008 8:51pm
Shorts be careful:

Gustav kills 60 in Caribbean, aims at U.S.
Thu Aug 28, 2008 9:47pm EDT

As Gustav looms, New Orleans residents eye levees
9:29pm EDT

By Horace Helps

KINGSTON (Reuters) - Tropical Storm Gustav, which has killed at least 60 people in the Caribbean, struck Jamaica with near hurricane-force winds on Thursday and was on a path to reach New Orleans and the Gulf of Mexico oil fields as a potentially powerful hurricane.

As Gustav churned through the Caribbean, Tropical Storm Hanna formed in the Atlantic Ocean with 40-mph (65-kph) winds. The eighth storm of a busy Atlantic hurricane season took a track that could threaten the Bahamas and Florida, the U.S. National Hurricane Center said.
  • #25,362
  • Aug 28, 2008 8:52pm Aug 28, 2008 8:52pm
Quoting trading801
NO!

hahaahah my boat is doing ok so far..

i have switched to Long since about say 10 hoours ago?

@ 1.4700
I'm happy for you GOLDTRIGGERFINGER.
Take care
  • #25,363
  • Aug 28, 2008 8:53pm Aug 28, 2008 8:53pm
Quoting trading801
NO!

hahaahah my boat is doing ok so far..

i have switched to Long since about say 10 hoours ago?

@ 1.4700
Good! That is probably the smartest strategy with Gustav in play right now...
  • #25,364
  • Aug 28, 2008 8:57pm Aug 28, 2008 8:57pm
... I'm still learning it's not a call .... I want to show my positions today ... maybe I can learn something :

- USD/JPY : SHORT at 109.51 TP 108.75
- EUR/USD : LONG at 1.4794 TP 1.4815

sorry for late info ...

ok we'll see .... have a nice day ....
  • #25,365
  • Aug 28, 2008 9:01pm Aug 28, 2008 9:01pm
cobra / see... thanks!

but i still have not improved much on my entry exit..

for example the previous drop south, i exit around 14710 on fear of rebound..

but it dropped till 146plus..

wasted 30 pips there.. sigh


what do you think of this up move.. i am aimming 1.48 is it a tad too high...

been wasting lots of pip from premature exit.. but at least i am hardly negative now..
  • #25,366
  • Aug 28, 2008 9:02pm Aug 28, 2008 9:02pm
Quoting fxterrapin
Second time I'm bringin it up, and I hope your response is better than .

Please stop blowing up the thread with those oversize pics.
FUBAR...
  • #25,367
  • Aug 28, 2008 9:04pm Aug 28, 2008 9:04pm
Quoting dogol
... I'm still learning it's not a call .... I want to show my positions today ... maybe I can learn something :

- USD/JPY : SHORT at 109.51 TP 108.75
- EUR/USD : LONG at 1.4794 TP 1.4815

sorry for late info ...

ok we'll see .... have a nice day ....
- GBP/USD : LONG TP 1.8470
- EUR/JPY : LONG TP 162

we'll see all my positions tonight ... have a nice day ....
  • #25,368
  • Aug 28, 2008 9:05pm Aug 28, 2008 9:05pm
if 55 gets broken...ouch..thank god im not in the market
Different opinions highly valued, ignorant to slander.
  • #25,369
  • Aug 28, 2008 9:06pm Aug 28, 2008 9:06pm
Isn't the MR1 (1.4757) the 61.8% fib from yesterday, or do I have that wrong? Thinking about a big short there. What say?

Thanks,
Ed
Up or down, gimme a ticket
  • #25,370
  • Aug 28, 2008 9:06pm Aug 28, 2008 9:06pm
Quoting trading801
cobra / see... thanks!


wasted 30 pips there.. sigh

been wasting lots of pip from premature exit.. but at least i am hardly negative now..
You can't have all the pips, it's always good to be shure of your position, that's not a waste.
Keep going on.
  • #25,371
  • Aug 28, 2008 9:10pm Aug 28, 2008 9:10pm
Quoting SpecialEd
Isn't the MR1 (1.4757) the 61.8% fib from yesterday, or do I have that wrong? Thinking about a big short there. What say?

Thanks,
Ed
i too am watching for that but no clear signals yet...just a bounce off the psychological 50...wait 51..hmmm
Different opinions highly valued, ignorant to slander.
  • #25,372
  • Aug 28, 2008 9:12pm Aug 28, 2008 9:12pm
Quoting psiholog
i too am watching for that but no clear signals yet...just a bounce off the psychological 50...wait 51..hmmm
Currently bouncing off that pretty good (7 pips down). Thanks.
Ed
Up or down, gimme a ticket
  • #25,373
  • Aug 28, 2008 9:12pm Aug 28, 2008 9:12pm
Quoting FXObserver
It seems like this is a repetition of what happened yesterday.
Summer will soon be over and let's see how the price action goes.
Asian session always give us some surprise.
I don't like repetitions! STOP EURO and short it now!
  • #25,374
  • Aug 28, 2008 9:13pm Aug 28, 2008 9:13pm
Quoting acumen
No he's not... he might have been at one time... but he's a true investor.

I'm not an investor... I'm a trader.

Trading and investing are two different games.

I've never held a position longer than 3 days.

So - for those 3 days would you say I invested in the dollar/euro?

No.
Then why is it called position trading? (which can last years)
  • #25,375
  • Aug 28, 2008 9:17pm Aug 28, 2008 9:17pm
the uptrend formed since 1.4690 is good to watch now..hasnt been broken yet..maybe reversal when that happens
Different opinions highly valued, ignorant to slander.
  • #25,376
  • Aug 28, 2008 9:17pm Aug 28, 2008 9:17pm
Ah...finally asian market back to its normal backwards approach to the market.

Worked well for me tonight I had a buy pending order in and they took the bait..... plan to ride it with a 25 trailing sl...

Good trading alll and good night.

Troy..
  • #25,377
  • Aug 28, 2008 9:19pm Aug 28, 2008 9:19pm
Quoting fxterrapin
Then why is it called position trading? (which can last years)
I think you'd have a hard time convincing the masses trading and investing aren't two different animals.

But I've been wrong before.
  • #25,378
  • Aug 28, 2008 9:21pm Aug 28, 2008 9:21pm
just went in short...feel like losing some peeps
Different opinions highly valued, ignorant to slander.
  • #25,379
  • Aug 28, 2008 9:22pm Aug 28, 2008 9:22pm
Quoting acumen
I think you'd have a hard time convincing the masses trading and investing aren't two different animals.

But I've been wrong before.
How you doin' man? The football team won.
Up or down, gimme a ticket
  • #25,380
  • Aug 28, 2008 9:28pm Aug 28, 2008 9:28pm
Quoting acumen
I think you'd have a hard time convincing the masses trading and investing aren't two different animals.

But I've been wrong before.
I am not attempting to. I don't agree, however, that anything over 3 days is considered an investment.
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