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  • #3,801
  • Aug 3, 2010 12:10am Aug 3, 2010 12:10am
Quoting Leviathan
Ouch...Long, and out at -2.2
-1.9 for me used Alpari, who are you using L?
  • #3,802
  • Aug 3, 2010 12:11am Aug 3, 2010 12:11am
Long, and out at BE.
  • #3,803
  • Aug 3, 2010 12:13am Aug 3, 2010 12:13am
Quoting Paj
-1.9 for me used Alpari, who are you using L?

MBT

I was only about 1.2 pips into profit when price turned on us, so I figured that wasn't enough to move to BE.
  • #3,804
  • Aug 3, 2010 12:53am Aug 3, 2010 12:53am
Long, out at +1

For those who use MT4, the issue with the tight StopLoss can be solved by choosing an ECN broker, which allows to use any SL you want (even within the spread). Just demo-ing this method so far, but I have changed broker just for this reason, otherwise it's almost impossible not to loose a few pips each day!
  • #3,805
  • Aug 3, 2010 4:50am Aug 3, 2010 4:50am
With the news looming over NY open, anyone avoiding this today or is everyone in?
  • #3,806
  • Aug 3, 2010 4:56am Aug 3, 2010 4:56am
We are waiting for NYO .... just a few minutes left.
  • #3,807
  • Aug 3, 2010 4:57am Aug 3, 2010 4:57am
Quoting Leviathan
With the news looming over NY open, anyone avoiding this today or is everyone in?
If you´re at BE, news could be veeeery gooood.......
  • #3,808
  • Aug 3, 2010 5:01am Aug 3, 2010 5:01am
Would have gone short but I got a gap, currently not in trade.
  • #3,809
  • Aug 3, 2010 5:02am Aug 3, 2010 5:02am
I am short off NY open, 0SL trade
  • #3,810
  • Aug 3, 2010 5:02am Aug 3, 2010 5:02am
me too

missed the entry
hope i don't live to regret it
  • #3,811
  • Aug 3, 2010 5:04am Aug 3, 2010 5:04am
Short at BE now, ......, relax...........
  • #3,812
  • Aug 3, 2010 5:04am Aug 3, 2010 5:04am
Quoting DanUK
I am short off NY open, 0SL trade
And now I'm out!!
  • #3,813
  • Aug 3, 2010 5:04am Aug 3, 2010 5:04am
-2 loss on a short.
  • #3,814
  • Aug 3, 2010 5:04am Aug 3, 2010 5:04am
My chart just spiked up, would have been out now anyway. Gotta love slippage.
  • #3,815
  • Aug 3, 2010 5:06am Aug 3, 2010 5:06am
I'm not that much of a conspiracy theorist but... stop taken out to the pip
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  • #3,816
  • Aug 3, 2010 5:06am Aug 3, 2010 5:06am
Stop hit, 0SL....
  • #3,817
  • Aug 3, 2010 5:09am Aug 3, 2010 5:09am
Well, if this ever did catch on and a ton of orders hit the boards, it would make sense that market makers/movers would start stop hunting us.

I don't think we're anywhere near that point yet though. We're currently in an uptrend, so there's alot of buy pressure right now. Going short at the moment is going to be inherantly risky.
  • #3,818
  • Aug 3, 2010 5:17am Aug 3, 2010 5:17am
Jep, shorted and stopped out @ 0SL
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  • #3,819
  • Aug 3, 2010 5:20am Aug 3, 2010 5:20am
Quoting DanUK
I'm not that much of a conspiracy theorist but... stop taken out to the pip
I entered same place as you and noticed that...

It could be that the first decent momentum move taken price down then its like a retrace before falling again...I've noticed that price seems to come back to test the first momentum move not long after the open a few times recently.
  • #3,820
  • Aug 3, 2010 5:20am Aug 3, 2010 5:20am
Quoting Leviathan
Well, if this ever did catch on and a ton of orders hit the boards, it would make sense that market makers/movers would start stop hunting us.

I don't think we're anywhere near that point yet though. We're currently in an uptrend, so there's alot of buy pressure right now. Going short at the moment is going to be inherantly risky.
Yes quite true... I am in fact on the long side as part of my trend following work so being short didn't really feel great to me anyway!
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