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  • #782,241
  • Apr 3, 2013 11:28pm Apr 3, 2013 11:28pm
Quoting fxtyrant
im not saying hes stupid, im saying the decision is stupid.... even great traders make stupid decisions now and then... even i make stupid decisions too, it was just a friendly advice just to make sure he doesnt get burned, not that i want him to or anything....
First you said it is stupid to short. Then you said everyone should trade their own strategy and own chart. Is this not a contradiction? What if someones strategy is telling them to short. Who are you to tell them it is stupid or "give a warning" not to short.
  • #782,242
  • Apr 3, 2013 11:30pm Apr 3, 2013 11:30pm
Quoting COopa
Hi math, bye bye to Galatasaray mate 3-0 happy green pips
i do really2 understand u don't trade GU mate
Everything in the world has its own rhytms
  • #782,243
  • Apr 3, 2013 11:30pm Apr 3, 2013 11:30pm
Quoting Kanzler
Unless you know what's going to happen you don't have any right to call him (or me) stupid. Trading against the crowd is what some of us do, even if we lose more often than we win the payoff is usually sufficient to pay for losses incurred trying to enter. News for some of us is nothing more than a cattle call for retail traders to buy or sell.
im not saying its a bad idea to trade against the trend, but i still think it would be wiser to wait until we have an established High from this move up first...
this is an intervention move, and betting against BOJ who just announced more Easing is like dipping your cash in gasoline and any spark will turn them to ash...
i dont want that for you or anyone here....
anyways enough said from me, i hope you the best of luck on your next trade, hopefully you're on the right side of things to come.
good luck
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #782,244
  • Apr 3, 2013 11:30pm Apr 3, 2013 11:30pm
Quoting acidburn123
u/j wants to see 95.30 ... not worth shorting any yen pairs yet.
95.30 hit ... reduced some right here ..

wonderful day
  • #782,245
  • Apr 3, 2013 11:30pm Apr 3, 2013 11:30pm
Quoting fxtyrant
im not saying its a bad idea to trade against the trend, but i still think it would be wiser to wait until we have an established High from this move up first... this is an intervention move, and betting against BOJ who just announced more Easing is like dipping your cash in gasoline and any spark will turn them to ash... i dont want that for you or anyone here.... anyways enough said from me, i hope you the best of luck on your next trade, hopefully you're on the right side of things to come. good luck
Fair enough, same to you.

Edit: Oops, left one PO open under CAD/JPY, will just let it run I guess.
  • #782,246
  • Apr 3, 2013 11:31pm Apr 3, 2013 11:31pm
The slippage is gnarly. Aussie is blowing by my TP orders Yen down almost 3%
When the facts change I change my mind, what do you do sir
  • #782,247
  • Apr 3, 2013 11:31pm Apr 3, 2013 11:31pm
Quoting GreatNorth
Target reached. I'm short at this level.
target reached and your short scalp is 50 pips in the red.. you sure its time to be shorting now? when we dont even know where the JPY pairs are gona top out?
dont say i didnt warn you.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #782,248
  • Apr 3, 2013 11:32pm Apr 3, 2013 11:32pm
Quoting Kanzler
Fair enough, same to you.
his short at 121.91 is already 50 pips in the red.... as i told him it was probably a bad decision to be shorting against an announcement so soon after BOJ annouced more easing....
UPDATE: make that 60 pips in red.... u sure the risk reward still worth it to short scalp the EURJPY at 121.91 now?
anyways i did warn him....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #782,249
  • Apr 3, 2013 11:34pm Apr 3, 2013 11:34pm
it's a bit early for popcorn here but what the hell...
Attached Image
  • #782,250
  • Apr 3, 2013 11:34pm Apr 3, 2013 11:34pm
Quoting fxtyrant
his short at 121.91 is already 50 pips in the red.... as i told him it was probably a bad decision to be shorting against an announcement so soon after BOJ annouced more easing.... UPDATE: make that 60 pips in red.... u sure the risk reward still worth it to short scalp the EURJPY at 121.91 now? anyways i did warn him....
Oh well that's a different story, I cut losers pretty fast. Definitely wouldn't hold losses...

Also, that trade I forgot to cancel is actually ITM at the moment. We'll see how long that lasts.
Attached Image (click to enlarge)
Click to Enlarge Name: CJ.png Size: 55 KB
  • #782,251
  • Apr 3, 2013 11:35pm Apr 3, 2013 11:35pm
Quoting fxtyrant
im not saying its a bad idea to trade against the trend, but i still think it would be wiser to wait until we have an established High from this move up first... this is an intervention move, and betting against BOJ who just announced more Easing is like dipping your cash in gasoline and any spark will turn them to ash... i dont want that for you or anyone here.... anyways enough said from me, i hope you the best of luck on your next trade, hopefully you're on the right side of things to come. good luck
hey fxtyrant where was it stated that BOJ is intervening ? I just thought the move is a massive SL massacre ...
  • #782,252
  • Apr 3, 2013 11:35pm Apr 3, 2013 11:35pm
Quoting MaxDoom
I agree it would have been much cleaner to get a lower number. I killed my short @ 119.43 and took a long there just before sleep, but I also put a 120 pip limit (to be under 120.75) so I did not get all the move. I took a new long this morning @ 121.23 so all in a nice start to the day {image}
closed +113
  • #782,253
  • Apr 3, 2013 11:36pm Apr 3, 2013 11:36pm
Quoting Kanzler
Fair enough, same to you. :) Edit: Oops, left one PO open under CAD/JPY, will just let it run I guess.
all the best to you and your trades buddy,
yikes PO on CADJPY a short? if so, take care man
always a nail biter to counter trend, but i wish you luck on it.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #782,254
  • Apr 3, 2013 11:36pm Apr 3, 2013 11:36pm
Here's the state of the Euro mid-term ship for pikers & lazy long distance runners..
Attached Image (click to enlarge)
Click to Enlarge Name: EU D1-20130404-GU+UJ 2.png Size: 72 KB


Keep an eye on our Land of the Rising Sun friend & that eccentric old fella Cable..



Quoting Jay Walker
In this world, one has two choices. Be a contrarian or Be a victim
  • #782,255
  • Apr 3, 2013 11:37pm Apr 3, 2013 11:37pm
Quoting Kanzler
Oh well that's a different story, I cut losers pretty fast. Definitely wouldn't hold losses... Also, that trade I forgot to cancel is actually ITM at the moment. We'll see how long that lasts. {image}


well you shorted teh CADJPY, and he shorted the EURJPY... thats difference between you and him.... perhaps the EURJPY is not as forgiving lol
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #782,256
  • Apr 3, 2013 11:37pm Apr 3, 2013 11:37pm
Quoting acidburn123
hey fxtyrant where was it stated that BOJ is intervening ? I just thought the move is a massive SL massacre ...
REALLY?

it has been in the wires for the last 2/3 weeks plus all over the news reels following the BOJ meeting this morning!
  • #782,257
  • Apr 3, 2013 11:37pm Apr 3, 2013 11:37pm
Quoting MaxDoom
closed +113
Have to love these days. I sit back a reflect on how great it is we can make money in the actions of others. Right now I'm feeling bad for those 1.06 Oz lovers.

Aussie just showed me her down under
When the facts change I change my mind, what do you do sir
  • #782,258
  • Apr 3, 2013 11:37pm Apr 3, 2013 11:37pm
Trade news is gambling.
  • #782,259
  • Apr 3, 2013 11:37pm Apr 3, 2013 11:37pm
Quoting 21vs7
epln works atm eg does eaud also gcad needs a momentum gusd plays audcad / audusd needs momentum stopped cadchf and usdchf over night, little concerning jpy on the board.. ill give jpy one more day..as seen now (not cus of this spike) I could say that tm is gonna become a sell currency as it seems in calc.
...
  • #782,260
  • Apr 3, 2013 11:38pm Apr 3, 2013 11:38pm
stalking 122.54/64 ej... probably will take this one..
those who can, do. those who cant, talk about those who can
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