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  • #483,061
  • Jul 7, 2011 10:42am Jul 7, 2011 10:42am
Quoting cloggie
Covering is starting to consolidate, decision time for those trading the late session here.
As long as 40 holds I think longs are still good.
  • #483,062
  • Jul 7, 2011 10:42am Jul 7, 2011 10:42am
we got the close in exactly the right position. a slight pullback is in order.

we recovered the DPP and the ATR HB after the support test.

that's more than good enough for one day.
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  • #483,063
  • Jul 7, 2011 10:43am Jul 7, 2011 10:43am
Quoting cloggie
Don't see what I post as a direct entry either way, I closed a 110+ pip trade at a logical point on the board and the clock. I am letting London cover some of their book here to see what materialises afterwards. I am not shorting this yet as the fundies are still pointing up, just watching to see where and when the techs realign themselves, not just for a 10-20 pip trade but for another 100 pipper. I am not interested in scalping consolidation areas and am not going to leave a 110 pip trade open past the close here.

The main reason I am not going...

Cloogie

" let it confirm" is that what you mean
  • #483,064
  • Jul 7, 2011 10:44am Jul 7, 2011 10:44am
Quoting attila
As long as 40 holds I think longs are still good.

Fundies are still pointing up, techs need to realign, but there are only scraps available from here on today.
  • #483,065
  • Jul 7, 2011 10:44am Jul 7, 2011 10:44am
+132 ( 11 x 12 )

+ 13.2 %
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" Never let the past hold the future to ransom "
  • #483,066
  • Jul 7, 2011 10:45am Jul 7, 2011 10:45am
Quoting kenfen69
Pulled another 10% at +15.

And another 20% at +20.


Final 30% can run. Will reload south if we see some more north.
Closed an earlier "scout" and all but 10% of my larger scalp. Stop moved to 4383. Not bad for less than hour's work.

Right...back to being a bachelor!

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  • #483,067
  • Jul 7, 2011 10:48am Jul 7, 2011 10:48am
Quoting Gleneagles
+132 ( 11 x 12 )

+ 13.2 %
Excellent! I didn't do such great job at the +12 trades.
Only got one, some small scalps and a some what bigger one. (And some small losses)
Still +44 so I have my target.
  • #483,068
  • Jul 7, 2011 10:48am Jul 7, 2011 10:48am
BTW, where are the muppets? School's out and my little hate-brigade hasn't checked in yet, except for the few weak tries this morning, the thread has been pretty good.

All ready for Sisse's fight later on? I'll bring the beers.
  • #483,069
  • Jul 7, 2011 10:49am Jul 7, 2011 10:49am
Quoting cloggie
BTW, where are the muppets? School's out and my little hate-brigade hasn't checked in yet, except for the few weak tries this morning, the thread has been pretty good.

All ready for Sisse's fight later on? I'll bring the beers.
i'll call one...but dont wanna fight with sisse...hmmm


Quote
I'll bring the beers

i guess the M's will start asking why you are short
Hero calls followed by margin calls...
  • #483,070
  • Jul 7, 2011 10:50am Jul 7, 2011 10:50am
it will go long.But nobody knows when
  • #483,071
  • Jul 7, 2011 10:51am Jul 7, 2011 10:51am
Quoting cloggie
BTW, where are the muppets? School's out and my little hate-brigade hasn't checked in yet, except for the few weak tries this morning, the thread has been pretty good.

All ready for Sisse's fight later on? I'll bring the beers.

Thats because you are behaving for last few hrs...thats why..

any way good job....

Green pips...
  • #483,072
  • Jul 7, 2011 11:00am Jul 7, 2011 11:00am
Quoting Stretch
Excellent! I didn't do such great job at the +12 trades.
Only got one, some small scalps and a some what bigger one. (And some small losses)
Still +44 so I have my target.
I decided to trade the price patterns today so no 20 pip levels on the chart.

It is easier though to stick with levels (plus patterns) until you gain a bit of experience..today was actually quite trader friendly for a major news day.
" Never let the past hold the future to ransom "
  • #483,073
  • Jul 7, 2011 11:01am Jul 7, 2011 11:01am
Quoting cloggie
Tricky's creative accounting was my trigger, I did not pick the bottom and missed it by 25 pips or so, but made up for it by scaling into the winner.
Cloggie,

The last few orders on the top were at the resistant level, what made you so convinced of entering these trades?
  • #483,074
  • Jul 7, 2011 11:02am Jul 7, 2011 11:02am
Quoting neomn
The last few orders on the top is at the resistant level, what made you so convinced of entering these trades?

Momentum on the break of a lower minor and it had formed a nice bull flag, so that was actually the no brainer of the day and went in pretty heavy to get the last bit of the run. (heavier then I normally would have as part of my scaling in strategy)
  • #483,075
  • Jul 7, 2011 11:03am Jul 7, 2011 11:03am
Quoting cloggie
Covering is starting to consolidate, decision time for those trading the late session here. Let me reiterate though that there are only range/scalp trades on the table here and not something I am going to partake in. I have had a real good share of today's move and am content with the result, time to call an early evening here.
Do you mean it should have reached 1.45xx level by this time ?
Hope
  • #483,076
  • Jul 7, 2011 11:03am Jul 7, 2011 11:03am
Quoting cloggie
BTW, where are the muppets?
what's up?
  • #483,077
  • Jul 7, 2011 11:04am Jul 7, 2011 11:04am
Quoting TheGamer
Do you mean it should have reached 1.45xx level by this time ?

That was never going to happen. Am content with getting 110 pips out of her this afternoon, makes up for focusing on Cable this morning as I did not want to trade this pair pre-ECB
  • #483,078
  • Jul 7, 2011 11:04am Jul 7, 2011 11:04am
Quoting pkimnyc
what's up?

My account balance.....
  • #483,079
  • Jul 7, 2011 11:05am Jul 7, 2011 11:05am
Quoting cloggie
My account balance.....
good for you.
  • #483,080
  • Jul 7, 2011 11:05am Jul 7, 2011 11:05am
Quoting cloggie
My account balance.....
Hero calls followed by margin calls...
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