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Nearly Naked (Simple Trades)

  • #3,401
  • Jun 11, 2010 3:25am Jun 11, 2010 3:25am
Quoting erikte279
Well Im off to sleep. They say every hour you sleep before midnight is worth 2 hours after midnight.....guess they never traded the london open
Youre going to miss the data
  • #3,402
  • Jun 11, 2010 3:38am Jun 11, 2010 3:38am
closed a/u for +5 +14, i got nothing on the radar now
anything on yours saxon?
  • #3,403
  • Jun 11, 2010 3:45am Jun 11, 2010 3:45am
Quoting OvT
closed a/u for +5 +14, i got nothing on the radar now
anything on yours saxon?
Data has me on the fence again (Leaning Bearish). I will see how PA plays out until NY and if PA moves without me then that's ok. Plus it is friday. I might just call it a week and take an early weekend. Not feeling too good either, must be summer allergies and the lack of sleep. I might be in and out for the next few hours though. If I think of somthing I'll get it up on the thread though
  • #3,404
  • Jun 11, 2010 4:06am Jun 11, 2010 4:06am
This is the first time in a long time that I've traded London and all I have to say is holy moly. What are you guys/gals doing across the pond?
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #3,405
  • Jun 11, 2010 4:37am Jun 11, 2010 4:37am
Quoting MarcVUM
This is the first time in a long time that I've traded London and all I have to say is holy moly. What are you guys/gals doing across the pond?
missed the little up move on a/u
i think this should continue up, looking for a good position to long targeting .8500
  • #3,406
  • Jun 11, 2010 5:35am Jun 11, 2010 5:35am
Quoting Saxon
There is a chain or responsibility that everyone should share. If you burn your hand on the stove, will you do it again? If you burn someone else's (Tax Payers) hand on the stove and you get paid for it, will you do it again? Should be a clear picture. The system isn't flawed, the players are.
Saxon, I mean not to find fault with your argument, but in both economics and other branches of social sciences, it is well known that human behaviour are driven by incentives and motivations. The system is flawed in the sense that it has failed, fails, and continues failing, to take this into account.

One view in academia regarding derivatives is that the banks or some quants with pure science background think that they have spread risk rather wisely by packaging it into multi-layers of products, while completely ignore or discount risk is still and always there and the potential domino effect. That's the fundamentals of risk, which can't be avoided.

I've enjoyed your thread in the last few days. Thanks...
  • #3,407
  • Jun 11, 2010 7:15am Jun 11, 2010 7:15am
Can't believe I slept through this! lol Oh well. Have a great weekend everyone!
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  • #3,408
  • Jun 11, 2010 10:07am Jun 11, 2010 10:07am
just woke up, closed my 33 pips profit on aud/usd, good way to wake up.
  • #3,409
  • Jun 11, 2010 10:13am Jun 11, 2010 10:13am
It looks like i am about to go short on eur/usd. waiting on confirmation
  • #3,410
  • Jun 11, 2010 10:16am Jun 11, 2010 10:16am
i'm short on eur/usd now at 1.2057. target is 25 pips.
  • #3,411
  • Jun 11, 2010 10:20am Jun 11, 2010 10:20am
I see a nice possible short trade on eur/jpy, waiting on confirmation from the 15mins chart. Looking for 20-25 pips on this one. I can't believe i missed on some major moves last night when i went to sleep.
  • #3,412
  • Jun 11, 2010 10:26am Jun 11, 2010 10:26am
good afternoon,

a/u seems to be holding up really well, I think next weeks its going to rally.
Annoying Precision
  • #3,413
  • Jun 11, 2010 10:50am Jun 11, 2010 10:50am
Quoting erikte279
good afternoon,

a/u seems to be holding up really well, I think next weeks its going to rally.
yea it's trending up very well on my 30 mins chart, i decided to take my profit because i don't like holding on to my trades throughout the weekend.
  • #3,414
  • Jun 11, 2010 11:04am Jun 11, 2010 11:04am
just added to my short position on eur/usd at 1.2072, target profit is 1.2030 for both positions.
  • #3,415
  • Jun 11, 2010 11:15am Jun 11, 2010 11:15am
eur/jpy didn't break my price area yet, waiting for price to go below 110.277 to get in the market short.
  • #3,416
  • Jun 11, 2010 12:21pm Jun 11, 2010 12:21pm
Will post a weekly analysis later tonight or saturday at latest.
Annoying Precision
  • #3,417
  • Jun 11, 2010 1:29pm Jun 11, 2010 1:29pm
Too bad this was a small position. Booked it right before my nap with a 30 pip SL. Thought I would get stopped out with London bouncing off the walls.
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  • #3,418
  • Jun 11, 2010 1:50pm Jun 11, 2010 1:50pm
Quoting Saxon
Too bad this was a small position. Booked it right before my nap with a 30 pip SL. Thought I would get stopped out with London bouncing off the walls.
Have a good weekend everyone. See you on Sunday/Monday. I will probably post some before then though
  • #3,419
  • Jun 11, 2010 3:12pm Jun 11, 2010 3:12pm
Quoting Saxon
Have a good weekend everyone. See you on Sunday/Monday. I will probably post some before then though
You have a great weekend too!
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #3,420
  • Jun 11, 2010 3:21pm Jun 11, 2010 3:21pm
Takkkkkkkeeee it easy folks
Annoying Precision
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