Attachments: AUD/USD

AUD/USD

#26,101
Dec 27, 2010 10:27am Dec 27, 2010 10:27am

johny_bravo
| Joined Sep 2009 | Status: Trader | 48 Posts

Quoting audsniper

Disliked

Will I survive? Will I survive? Will I survive?
1900 sell contracts started from last monday from price 9890 all the way to 9980. Breakeven siting at 9936 atm. Charged over 30K for finance for the past week.
Cash left:467648.17 Unrealised P&L:-162923.6 Total Margin:95047.42 Trading resource:209677.72 Current price:1.0022
Margin out level:100%

tp:9890

Will I survive~~~~~~

Ignored

in what currency is your account fundded ? is it 400k dollars ?

answering your post - you may run away this time scott free but with this attitiude - selling so much in uptrending market with no esceping plan.
you wont survive to long in this bussines ..... ;P

#26,102
Dec 27, 2010 10:28am Dec 27, 2010 10:28am

Dodo1497
| Joined Dec 2010 | Status: Trader | 25 Posts

I tried short at 1.0000 to catch some action from CNY rate hike, but my trade doesn't look very well now. But I still see minor downtrend till year end or so.

#26,103
Dec 27, 2010 10:42am Dec 27, 2010 10:42am

audsniper
| Joined Dec 2010 | Status: Trader | 3 Posts

Quoting johny_bravo

Disliked

in what currency is your account fundded ? is it 400k dollars ?

answering your post - you may run away this time scott free but with this attitiude - selling so much in uptrending market with no esceping plan.
you wont survive to long in this bussines ..... ;P

Ignored

funded in AUD

#26,104
Dec 27, 2010 10:51am Dec 27, 2010 10:51am

audsniper
| Joined Dec 2010 | Status: Trader | 3 Posts

Quoting johny_bravo

Disliked

in what currency is your account fundded ? is it 400k dollars ?

answering your post - you may run away this time scott free but with this attitiude - selling so much in uptrending market with no esceping plan.
you wont survive to long in this bussines ..... ;P

Ignored

Yeh， I certainly will change my way of trading if I would get away this time. Learn from my mistake, but hard to change it

originally plan was just to short from 9890, about 5million or less and catch 30 pips, sufficient profit around 10K. Unfortunately, it bounce back and never went down again, positions keep added on when it reached a new high and everytime seem like a downward trend starting. So regret now~~

#26,105
Dec 27, 2010 11:01am Dec 27, 2010 11:01am

johny_bravo
| Joined Sep 2009 | Status: Trader | 48 Posts

Quoting Dodo1497

Disliked

I tried short at 1.0000 to catch some action from CNY rate hike, but my trade doesn't look very well now. But I still see minor downtrend till year end or so.

Ignored

so you've sold just after open aussie session,

most of the time when something happen during the weekend and market opens with the gap, the gap closses first and then goes in the right direction.

look chart

1.0020 which it stays now its fridays low
1.0005 next level todays open
0.9985 todays low - i hope it will retest it

but im out now took 25 pips after the gap closed
now waiting

Attached Image (click to enlarge)

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#26,106
Dec 27, 2010 11:13am Dec 27, 2010 11:13am

johny_bravo
| Joined Sep 2009 | Status: Trader | 48 Posts

1.0020 is holding so far, plus s&p is making up morning loses.

i may also call it a day, its not wise to trade at the last week of the year.

#26,107
Dec 27, 2010 11:38am Dec 27, 2010 11:38am

Dodo1497
| Joined Dec 2010 | Status: Trader | 25 Posts

Quoting johny_bravo

Disliked

so you've sold just after open aussie session,

Ignored

My idea was that rate hike may spur some profit taking (especially at year end). I had feeling for larger correction, so I didn't care for 50 pips gap

#26,108
Dec 27, 2010 12:00pm Dec 27, 2010 12:00pm

VennD
Joined Oct 2007 | Status: Communicate-Advise-ShareExperiences | 4,564 Posts

sorry....fall asleep infront of the screen.. bad for my health....

ha ? the price is stll there ? hmmm....locking....

entering SellLimit @ 10048 / 10055.

#26,109
Dec 27, 2010 12:08pm Dec 27, 2010 12:08pm

VennD
Joined Oct 2007 | Status: Communicate-Advise-ShareExperiences | 4,564 Posts

...No wonder ...how she loves me so much...

I guess i hv bn sleeping for 4hrs.. fine....she's still there waiting f0r me to wake up

#26,110
Dec 27, 2010 12:57pm Dec 27, 2010 12:57pm

VennD
Joined Oct 2007 | Status: Communicate-Advise-ShareExperiences | 4,564 Posts

the more stubborn the sellers are... the more she goes up !

the more stubborn the buyers are...the more she goes down !

that is the name of this game !

Enjoy it to the fullest and... don't get burn...

MARGIN......CHECKED !

#26,111
Dec 27, 2010 1:00pm Dec 27, 2010 1:00pm

VennD
Joined Oct 2007 | Status: Communicate-Advise-ShareExperiences | 4,564 Posts

....i guess she wants my 10048 and 10055...

pls take them, dear....i love u sooo much , muahhh !

#26,112
Dec 27, 2010 1:18pm Dec 27, 2010 1:18pm

VennD
Joined Oct 2007 | Status: Communicate-Advise-ShareExperiences | 4,564 Posts

hmmm.....if China were to assist EU in the current crsis.....which currency

reserve would China sold ?....AD or USD ???

Most likely China would sold USD and few bucks of AD....

Then....this AU wouldn't fall so early...i think !

hmmmmm... just ride the waves as my nanny taught me...

#26,113
Dec 27, 2010 1:50pm Dec 27, 2010 1:50pm

VennD
Joined Oct 2007 | Status: Communicate-Advise-ShareExperiences | 4,564 Posts

Maintain shorts @ 10045 + 10048 (Broker A) / 10014 (Broker B)

Target : 10000 / 09987

Maintain SellLimits @ 10055 / 10071 / 10080

and.....Drinks....just don't get drunk !

Attached Image(s) (click to enlarge)

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#26,114
Dec 27, 2010 2:03pm Dec 27, 2010 2:03pm

Pipwanderer
| Membership Revoked | Joined Oct 2010 | 2,745 Posts

Quoting VennD

Disliked

Maintain shorts @ 10045 + 10048 (Broker A) / 10014 (Broker B)

Target : 10000 / 09987

Maintain SellLimits @ 10055 / 10071 / 10080

and.....Drinks....just don't get drunk !

Ignored

the aussie has been bullish but i think the chinese rate hike should keep it down. currently holding my shorts from 0053, and will cover soon.

#26,115
Dec 27, 2010 2:28pm Dec 27, 2010 2:28pm

VennD
Joined Oct 2007 | Status: Communicate-Advise-ShareExperiences | 4,564 Posts

Close the following shorts on both brokers !
----------------------------------------

10042 / 10045 / 10048

Several years bck i still remember whn profits are in syillings only....

Whn ur disciplines ...u'll reach a level were u'll be playing big 50-1,000 lots per entry...just remember this...

Enter early...
Exit early....
Don't be greedy and.....
Spend the money !

#26,116
Dec 27, 2010 2:30pm Dec 27, 2010 2:30pm

VennD
Joined Oct 2007 | Status: Communicate-Advise-ShareExperiences | 4,564 Posts

at this point in time....u can still maintain yr shorts target @ 10000 / 09986

#26,117
Edited 2:59pm Dec 27, 2010 2:46pm | Edited 2:59pm

VennD
Joined Oct 2007 | Status: Communicate-Advise-ShareExperiences | 4,564 Posts

Quoting Pipwanderer

Disliked

the aussie has been bullish but i think the chinese rate hike should keep it down. currently holding my shorts from 0053, and will cover soon.

Ignored

agree.........

10035 n 10014 in the waiting 2b closed as soon as target reached !

atm...... Projected Last Price Movements within today
=======================================

UP - 10104

DWN - 09945

#26,118
Dec 27, 2010 3:12pm Dec 27, 2010 3:12pm