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  • #2,121
  • Jun 2, 2010 10:33am Jun 2, 2010 10:33am
Quoting neutro
Talk about a perfect currency... You've figured it out nicely man. Good job.

My EG is working nice, it hit FTA and I'm trailing it with 35p stop. Having only 0.01 lots, there's no partial profit...

But finding this 'runner' cost me 2 losers and a BE. Slowly going to a BE day. Very, very dull London session.

hardwork pays
still waiting neutro, do ur thing with ur 0.01 lots
dont worry, losers are bound to occur, dust urself and keep pushing
dont forget, its not how many times u fall
cheers
Simplicity is the key to success
  • #2,122
  • Jun 2, 2010 10:35am Jun 2, 2010 10:35am
Quoting ogeid

Yes, our languages are similar but I think we could have a little issue with the thread's owner
BTW your English is very good, much better than mine. How comes ? Parents?
  • #2,123
  • Jun 2, 2010 10:39am Jun 2, 2010 10:39am
My EU from yesterday is looking good: over 100 pips.

GU not so good at the moment but I am confident and I let it run.

Both trades are kind of longer term position with small sizes.
  • #2,124
  • Jun 2, 2010 10:42am Jun 2, 2010 10:42am
Quoting ogeid
BTW your English is very good, much better than mine. How comes ? Parents?
Cartoon Network.

Well, here in Romania, we don't dub movies like in Italy. So the dialogue is in it's original language.

Plus, English is my second language, studied it since 3rd grade (9 years old). I always forget if clauses and grammar and stuff, but my ear is very good.
  • #2,125
  • Jun 2, 2010 11:04am Jun 2, 2010 11:04am
Quoting neutro
Cartoon Network.

Well, here in Romania, we don't dub movies like in Italy. So the dialogue is in it's original language.

Plus, English is my second language, studied it since 3rd grade (9 years old). I always forget if clauses and grammar and stuff, but my ear is very good.
I agree, here they dub everything and the outcome is orrible.

My girlfriend is half English and we basically speak a mixture of 3 languages every day.
  • #2,126
  • Jun 2, 2010 11:10am Jun 2, 2010 11:10am
Anyway, we are transforming the Journal into a social place.
We are supposed to speak about trading, so I am going to leave for today.
Going to watch a football match.
See Je tomorrow.
  • #2,127
  • Jun 2, 2010 11:15am Jun 2, 2010 11:15am
Quoting ogeid
Anyway, we are transforming the Journal into a social place.
We are supposed to speak about trading, so I am going to leave for today.
Going to watch a football match.
See Je tomorrow.
Yeah, I was thinking the same thing. We should tone it down a little. See you.
  • #2,128
  • Jun 3, 2010 2:42am Jun 3, 2010 2:42am
Quoting ogeid
I normally do not trade this pair but this is a nice bearish flag.
Morning,

a lot of Bout opportunities occurred in AUDxxx and Nzdxxx pairs.

But I was not at the computer. Grrr
Attached Image
  • #2,129
  • Jun 3, 2010 3:03am Jun 3, 2010 3:03am
Quoting ogeid
Morning,

a lot of Bout opportunities occurred in AUDxxx and Nzdxxx pairs.

But I was not at the computer. Grrr
Double IB on NU and a wedge. It has room to run and NZD and AUD are the strongest pairs compared to USD now.

Break of H4 TL on EU. Tight management being CT. I don't really like how it's behaving, this London sessions are boring. Got screwed yesterday with a long AJ on break of wedge (triangle whatever) @ 76.81. Price went back in and I closed in loss, just when it started to run again on NY open... 78.60 now, talk about a 200p easy move...

Anyway, NY session will be interesting, I think we'll see decent moves on just about everything, with all the news. But for now.. Reading time.
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  • #2,130
  • Jun 3, 2010 9:47am Jun 3, 2010 9:47am
I have GU and EU short from yesterday and this morning I opened a NZD/USD long based on the break of the weekly PB. Guess what ? They are moving against each other. I hope this will change tomorrow morning, if the trade will make it over night.
  • #2,131
  • Jun 3, 2010 10:05am Jun 3, 2010 10:05am
Quoting ogeid
I have GU and EU short from yesterday and this morning I opened a NZD/USD long based on the break of the weekly PB. Guess what ? They are moving against each other. I hope this will change tomorrow morning, if the trade will make it over night.
Got out from NU at 0.6880 (price couldn't push past 0.6900, so got out and put a buy stop above 0.69, but no chance now) and from EU at 1.2275 (no momentum after break of TL, that's a big sign of things going wrong). Got back my losses from yesterday, but no gain this week (had 0.02 lots on NU).

I was hoping for a retrace on NU, but no PA on lower TFs. It almost formed a nice M30 PB on top of 38.2% fib, but ended up as a bearish bar. No trade, even though I see it rising fast now.
  • #2,132
  • Jun 3, 2010 10:33am Jun 3, 2010 10:33am
Quoting neutro
Got out from NU at 0.6880 (price couldn't push past 0.6900, so got out and put a buy stop above 0.69, but no chance now) and from EU at 1.2275 (no momentum after break of TL, that's a big sign of things going wrong). Got back my losses from yesterday, but no gain this week (had 0.02 lots on NU).

I was hoping for a retrace on NU, but no PA on lower TFs. It almost formed a nice M30 PB on top of 38.2% fib, but ended up as a bearish bar. No trade, even though I see it rising fast now.
You are right. You know I gave 35 pips buffer to the weekly PB without thinking about the RN 0.69. Shame on me. I am hedging. Grrr...

EDIT I still believe NU long is a good trade (weekly) lower boundary of a bullish flag
  • #2,133
  • Jun 3, 2010 11:25am Jun 3, 2010 11:25am
Quoting ogeid
You are right. You know I gave 35 pips buffer to the weekly PB without thinking about the RN 0.69. Shame on me. I am hedging. Grrr...

EDIT I still believe NU long is a good trade (weekly) lower boundary of a bullish flag
Yeah but that's not really a good PB. Or should I say, it did it's job, taking price to 0.69. You could get a chance if price bounces off last week's low (0.6619).

If it was straddling 0.69 then it was way better, but not perfect since it was heading into a lot of traffic.

Also, be careful with hedging. It's just a way to fool yourself. Cut your losses as soon as you notice something's wrong, don't hope, that's turning into gambling.

I'm not saying to kill the trade (well maybe you should cut it if it falls below the H4 trendline, but it's your call ) but trade your plan. If there's something unexpected, weigh in that and do it with an objective mind.
  • #2,134
  • Jun 3, 2010 1:07pm Jun 3, 2010 1:07pm
hello guys
sorry cldnt post was swamped with work, trying to revive an old work with a friend..........hey neutro, are you good in vb6 , might need some help
no trade for me today, that eurgbp trade never got there neutro, actually turned ugly ...lol
how did u manage it
Simplicity is the key to success
  • #2,135
  • Jun 3, 2010 3:26pm Jun 3, 2010 3:26pm
ok guys,
my only trade for this week has hit its final tp and im out, can it go further....i really dont know
wondering what will happen tmrw as its nfp day
anyways not going to be greedy...in and out & watch my acc bal grow & grow
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Simplicity is the key to success
  • #2,136
  • Jun 3, 2010 3:34pm Jun 3, 2010 3:34pm
Quoting squeezy
hello guys
sorry cldnt post was swamped with work, trying to revive an old work with a friend..........hey neutro, are you good in vb6 , might need some help
no trade for me today, that eurgbp trade never got there neutro, actually turned ugly ...lol
how did u manage it
Sorry but I don't know vb6. Only programming I do is figuring out what the code tells me and trying to modify it to suit my needs. What I'm trying to do for you and Nasir I have to learn from scratch. VB6 is not in my to-do list.

I closed EG yesterday at 0.8373 (near FTA), it was my only winning trade for the day. 2 losses, 1 BE and 1 win for yesterday, 1 win and 1 (almost) BE today means I'm at BE this week. Well, just got in EJ @ 112.64 (retest of broken triangle, 2 layers of fib and H1 bad looking PB).
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  • #2,137
  • Jun 3, 2010 4:15pm Jun 3, 2010 4:15pm
Quoting neutro
Sorry but I don't know vb6. Only programming I do is figuring out what the code tells me and trying to modify it to suit my needs. What I'm trying to do for you and Nasir I have to learn from scratch. VB6 is not in my to-do list.

I closed EG yesterday at 0.8373 (near FTA), it was my only winning trade for the day. 2 losses, 1 BE and 1 win for yesterday, 1 win and 1 (almost) BE today means I'm at BE this week. Well, just got in EJ @ 112.64 (retest of broken triangle, 2 layers of fib and H1 bad looking PB).

nice one with the egbp neutro....noticed the pair was loosing stem trying to climb.....
was watching the 1hr ej as well but i normally close my hrly charts around this time, as ending of ny session/asian is when i hit the sack
anyways need to sleep and get refreshed for tmrw's trading day, see u guys tmrw
take care
Simplicity is the key to success
  • #2,138
  • Jun 4, 2010 6:28am Jun 4, 2010 6:28am
hey pips
nfp day, im in dis beauty ..... and it went haywire ......lol
anyways be + 1 is always a sweet feeling, if nothing pops up again ...im good for the week
how r u guys doing
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Simplicity is the key to success
  • #2,139
  • Jun 4, 2010 10:29am Jun 4, 2010 10:29am
Quoting squeezy
hey pips
nfp day, im in dis beauty ..... and it went haywire ......lol
anyways be + 1 is always a sweet feeling, if nothing pops up again ...im good for the week
how r u guys doing
Sq, happy you are doing well. I am overall in profit but I still have the N/U not doing well. I should have closed it before but it is difficult to admit I was wrong !
  • #2,140
  • Jun 4, 2010 10:36am Jun 4, 2010 10:36am
Wohw!! EU broke 1.2. A lot of Options around this number.
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