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  • #238,321
  • May 7, 2010 12:26am May 7, 2010 12:26am
Quoting Trading Cat
holy cow

i know and realistically the first stop isn't gonna be till S1 daily at least...add maybe hung parliment right when frankfurt opens..wtf blanket time lol

edit: i'm up another 130 and 100 on those last two now..
  • #238,322
  • May 7, 2010 12:27am May 7, 2010 12:27am
Quoting uraceulose
another low on gu..
You get to pick the pair you want to short tonight did you take that short on GU?
  • #238,323
  • May 7, 2010 12:27am May 7, 2010 12:27am
Quoting noyoumaynot0
But i wonder why i win more than i lose if im gambling?
1. Could easily be variance.
2. By definition we are all gambling.

I'm not trying to discourage you, for all I know you could be God's gift to the markets.
  • #238,324
  • May 7, 2010 12:27am May 7, 2010 12:27am
Quoting uraceulose
i know and realistically the first stop isn't gonna be till S1 daily at least...add maybe hung parliment right when frankfurt opens..wtf blanket time lol

edit: i'm up another 130 and 100 on those last two now..
nice work I never trade GU as had some bad ones with it, but its tempting.
Trade on your own risk Plan your trade&trade your plan dont be a
  • #238,325
  • May 7, 2010 12:29am May 7, 2010 12:29am
Quoting homestudy
You get to pick the pair you want to short tonight did you take that short on GU?
i shorted that thing 3 times at 4900ish then 4 or 5 more on the way down..edit: here's S1 LO Fing L
  • #238,326
  • May 7, 2010 12:29am May 7, 2010 12:29am
Quoting atif
Since Monday we made killing shorting this pair. Once in a life time opportunity.
One straight direction. Downward.
By my count it is the 4th largest weekly move in the last 2 years (about 4th of 104). It has been over a year since the last one this big though. Finally!
  • #238,327
  • May 7, 2010 12:30am May 7, 2010 12:30am
Quoting uraceulose
i shorted that thing 3 times at 4900ish then 4 or 5 more on the way down..edit: here's S1 LO Fing L
Thats great nice trading!!!!
  • #238,328
  • May 7, 2010 12:31am May 7, 2010 12:31am
hang seng just reached some major level.
will it find support?

the queen and elections....hmmm
euro starting to see some pressures again...hmmmm
yen uhm why the heck these samurais become so gung ho throwing money like it was toilet paper? 21B would allow me to retire and screw trading for good.
  • #238,329
  • May 7, 2010 12:31am May 7, 2010 12:31am
Quoting uraceulose
i shorted that thing 3 times at 4900ish then 4 or 5 more on the way down..edit: here's S1 LO Fing L
it is getting crushed.
  • #238,330
  • May 7, 2010 12:33am May 7, 2010 12:33am
FX: European open; The dollar saw another stormy session in Asia.
Dollar-yen recovered ground from early session lows of Y90.01, trading
up to a high of Y92.78 as domestic banks bought into the early dip.
Rate slipped off highs ahead of the European open, squeezing back to
Y91.80, currently around Y91.90. Euro-dollar meanwhile made some
attempts to regain part of the ground lost since the overnight sell off
began, but was repeatedly hampered by sell-on-rally trades, which capped
the pair at $1.2737 ahead of Europe, slipping back to $1.2660,
currently around $1.2680. The pair had sunk to a session low of $1.2586,
though that was still modestly higher than the overnight low of $1.2510,
its worst in about 14 months. UK election results saw sterling pushed
around in Asia, the pound coming under pressure in Europe as results
tend to show a hung parliament. Rate trades below the NY base at $1.4712
to $1.4632 into early Europe. Euro-sterling was up at stg0.8660, from
Thursday lows at stg0.8428. UK election results through the day, along
with Greece developments. US jobs data the afternoon highlight.

Provided by: Market News International
Trade on your own risk Plan your trade&trade your plan dont be a
  • #238,331
  • May 7, 2010 12:34am May 7, 2010 12:34am
Quoting 2+2=4ex
it is getting crushed.
maybe not. i closed one below @ 99 actually ended up w about 145 and 100 locked on on the bigger one
  • #238,332
  • May 7, 2010 12:36am May 7, 2010 12:36am
Quoting uraceulose
maybe not. i closed one below @ 99 actually ended up w about 145 and 100 locked on on the bigger one
nice. Did you double your account today?
  • #238,333
  • May 7, 2010 12:36am May 7, 2010 12:36am
Quoting jest1081
21B would allow me to retire and screw trading for good.
You could retire on 20b and have 1b fx account....that way you could long this thing back to it's cave like Skyzer..........
Doing what you like is Freedom. Liking what you do is Happiness.
  • #238,334
  • May 7, 2010 12:36am May 7, 2010 12:36am
i think usd and yen retrace may be over, usd/jpy is below 92.
but who knows!
  • #238,335
  • May 7, 2010 12:38am May 7, 2010 12:38am
Lol yet again the unbreakable 1.2400-2500 barrier. I guess it really need some effort to break that level.
  • #238,336
  • May 7, 2010 12:41am May 7, 2010 12:41am
Quoting 2+2=4ex
nice. Did you double your account today?
thanks man. nah, not that good. I've made 20% on this account this week though, Malc actually posted in the GU section and I'm gonna steal his quote "that was my single best trade of 2010". I trade really small even relative to the moves we see, i trade every day almost 24 hrs so i just try and beat the market every day here and there, I always open at least 2 orders at once so I have options on what to do once it runs even a few pips in my favor...i also didn't take one loss of more than 43 pips. most losses less than 20...i've taken probably a hundred trades at least this week
  • #238,337
  • May 7, 2010 12:41am May 7, 2010 12:41am
as i said couple of days ago.
if pair come below 1.30 there is no hope to go up until global economic condition get change.
You cannot learn better without losing
  • #238,338
  • May 7, 2010 12:42am May 7, 2010 12:42am
Quoting Clouds
i think usd and yen retrace may be over, usd/jpy is below 92.
but who knows!
Yeah, I got out from my uj trade for +130, but I was looking for much more. Not sure whether I'll re-enter this week.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #238,339
  • May 7, 2010 12:44am May 7, 2010 12:44am
Quoting Clouds
i think usd and yen retrace may be over, usd/jpy is below 92.
but who knows!

good call, i'll wait for confirmation but rr should be GREAT if it takes off
  • #238,340
  • May 7, 2010 12:46am May 7, 2010 12:46am
Quoting forexings
as i said couple of days ago.
if pair come below 1.30 there is no hope to go up until global economic condition get change.
the things is as the pair move lower and lower, the shorts will get riskier and riskier. I had been covering my shorts with SL > BE nowadays. Getting stop out losing the opportunity is much better than SL -50pips.
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