If there was easy money lying around,no one would be forcing it into your
- #28,581
- Oct 26, 2011 9:34pm Oct 26, 2011 9:34pm
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
- #28,583
- Edited 11:18pm Oct 26, 2011 9:47pm | Edited 11:18pm
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
If there was easy money lying around,no one would be forcing it into your
- #28,585
- Oct 27, 2011 12:33am Oct 27, 2011 12:33am
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- #28,587
- Oct 27, 2011 12:34am Oct 27, 2011 12:34am
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
BOJ still have $ to intervene ? once EU is cleared , everything will shoot up , not by intervention else 75.73 is a strong support.
If there was easy money lying around,no one would be forcing it into your
- #28,590
- Oct 27, 2011 12:46am Oct 27, 2011 12:46am
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
EU doesnt stop climbing this pair will not stop
If there was easy money lying around,no one would be forcing it into your
- #28,591
- Oct 27, 2011 12:47am Oct 27, 2011 12:47am
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Doing what you like is Freedom. Liking what you do is Happiness.
- #28,593
- Oct 27, 2011 12:58am Oct 27, 2011 12:58am
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- #28,594
- Oct 27, 2011 1:03am Oct 27, 2011 1:03am
Sell the highs with stop 76.35 to within 5 pips of historic low
Buy every historic low with 30 pip stop.
Has been working all week I see no reason to change.
(But I still have a long term long position)
- #28,595
- Oct 27, 2011 1:04am Oct 27, 2011 1:04am
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Worked out perfectly. I don't use stops because I'm fully aware that we can get a new low any time. I've planned more entries as we go lower, like 75.75.
Because I trade with no stop my leverage will be limited to 1>10. I have room for another 6 positions before I just wait and see and take profit somewhere.
For now I've set target @ 76.25, but I'll take anything above 76.15.
If it holds till tomorrow Japan opening I will take part profit limits out just in case of intervention.
I've done this with UJ for months now and it always seems to work.
Glad to hear it's all under control man
Doing what you like is Freedom. Liking what you do is Happiness.
- #28,596
- Oct 27, 2011 1:13am Oct 27, 2011 1:13am
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
Glad to hear it's all under control man
Fortunately we are at levels now that won't bring surprises like a new low 300 pips down in just 1 session. But even if that happens I know my way to trade out of it.
New voice message: Why are you calling me? If I need you, I'll call you!
- #28,597
- Edited 1:27am Oct 27, 2011 1:16am | Edited 1:27am
how about this long long position？
Got one at 76.66 with 300 pip stop to target 82 maybe 84 around that
area.
But will be scalp selling whenever I can at the moment "Buy pending order at 75.75"
Also got a sell from 76.01 to target 75.72 lets see.
- #28,599
- Oct 27, 2011 1:46am Oct 27, 2011 1:46am
- Joined Apr 2011 | Status: Liverpool's KOP | 8,052 Posts
Patience, Emotion Control and Discipline.