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AUD/USD

  • #57,901
  • May 1, 2013 8:23am May 1, 2013 8:23am
Quoting k3nshinz3139
I have open another short 1.0365. TP 1.03 SL 1.039..
Today all target hit !!! Haaha

Another short still open 1.033

Tp 1.0225.. SL manual..
  • #57,902
  • May 1, 2013 8:38am May 1, 2013 8:38am
Quoting k3nshinz3139
{quote} Today all target hit !!! Haaha Another short still open 1.033 Tp 1.0225.. SL manual..
Good stuff, I thought you were cutting a little too fine with that stop loss earlier but good to see it worked out for you.
  • #57,903
  • May 1, 2013 8:43am May 1, 2013 8:43am
Quoting diggo
{quote} Good stuff, I thought you were cutting a little too fine with that stop loss earlier but good to see it worked out for you.
Yes it was luck or I just think of cut loss set sl lower 1.039.. Earlier i was set 1.04... Today got big profit from short AJ, gold and oil too!!! Haha
  • #57,904
  • May 1, 2013 8:58am May 1, 2013 8:58am
Yes i had a joyful day myself. Patience is a virtue in this game.

Short term, bears will most likely want 1.031 minimum before targeting 1.022.. I've closed over half of my shorts at 1.027/28 now. I've got some short orders pending at 1.031.
  • #57,905
  • May 1, 2013 9:57am May 1, 2013 9:57am
Had a very good day as well. Rode it down from 1.037 to 1.028 for a 15% account increase.

Looking to re-enter on the retrace.
"If you won't risk the usual, you'll have to settle for the ordinary."
  • #57,906
  • May 1, 2013 10:44am May 1, 2013 10:44am
Quoting k3nshinz3139
I have open another short 1.0365. TP 1.03 SL 1.039..
Good one
  • #57,907
  • May 1, 2013 10:47am May 1, 2013 10:47am
Quoting k3nshinz3139
{quote} Yes it was luck or I just think of cut loss set sl lower 1.039.. Earlier i was set 1.04... Today got big profit from short AJ, gold and oil too!!! Haha
Another good , best wishes , go on but with caution
  • #57,908
  • May 1, 2013 10:50am May 1, 2013 10:50am
Time to get long. Target 1.04
  • #57,909
  • May 1, 2013 11:14am May 1, 2013 11:14am
Correction. Target 1.0480
  • #57,910
  • May 1, 2013 11:44am May 1, 2013 11:44am
Quoting nolagator
Time to get long. Target 1.04
I don't think I'd try to long here after such a hugely bearish drop.
"If you won't risk the usual, you'll have to settle for the ordinary."
  • #57,911
  • May 1, 2013 11:51am May 1, 2013 11:51am
I don't think I'd try to long here after such a hugely bearish drop.


You don't ever buy anything that's on sale? If a car was $30k yesterday and $20k today, don't you think it's a good buy today? The trade may or may not work out, but I'd rather buy something after a drop in price then buy something after a rally in price.
  • #57,912
  • May 1, 2013 4:48pm May 1, 2013 4:48pm
Quoting nolagator
I don't think I'd try to long here after such a hugely bearish drop. You don't ever buy anything that's on sale? If a car was $30k yesterday and $20k today, don't you think it's a good buy today? The trade may or may not work out, but I'd rather buy something after a drop in price then buy something after a rally in price.
Your argument is flawed. Looks like you have a lot to learn in this business. Please share how you came up with your target of 1.048..
  • #57,913
  • Edited 5:42pm May 1, 2013 4:56pm | Edited 5:42pm
Quoting diggo
Yes i had a joyful day myself. Patience is a virtue in this game. Short term, bears will most likely want 1.031 minimum before targeting 1.022.. I've closed over half of my shorts at 1.027/28 now. I've got some short orders pending at 1.031.
Closed some more at 1.0272.

More times than not, bears will want to go back to 1.031/32 min. to regroup and gain some momentum. Better r/r up there, so I will re-enter shorts at/above this level if we get there.
  • #57,914
  • May 1, 2013 6:01pm May 1, 2013 6:01pm
closed out some as well still holding a few, may get out at 1.0220. News coming out will be interesting, I think there is a lot more shorting to do in May IMO.

Quoting diggo
{quote} Closed some more at 1.0272. More times than not, bears will want to go back to 1.031/32 min. to regroup and gain some momentum. Better r/r up there, so I will re-enter shorts at/above this level if we get there.
  • #57,915
  • Edited 6:11pm May 1, 2013 6:07pm | Edited 6:11pm
I've entered short at 1.0262, hoping to get 20 pips in the next half hour and cover before the news.
Lower trend line looming. News might give it a kick to bounce or break
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FF journal: Peaks and Troffs
  • #57,916
  • May 1, 2013 6:08pm May 1, 2013 6:08pm
Quoting feather
closed out some as well still holding a few, may get out at 1.0220. News coming out will be interesting, I think there is a lot more shorting to do in May IMO. {quote}
Absolutely, I will remain mid term bearish until we retest 0.97.

Right now, bears looking strong. The spike to just under 1.03 after FOMC may be enough of a retrace, so I may not get to short 1.031. Trend resumption to 1.022 min. may be under way.
  • #57,917
  • May 1, 2013 6:12pm May 1, 2013 6:12pm
Quoting nolagator
I don't think I'd try to long here after such a hugely bearish drop. You don't ever buy anything that's on sale? If a car was $30k yesterday and $20k today, don't you think it's a good buy today? The trade may or may not work out, but I'd rather buy something after a drop in price then buy something after a rally in price.
lol..
not when the car is only worth $5k..
  • #57,918
  • May 1, 2013 6:16pm May 1, 2013 6:16pm
I have close all my position. Rest rest.. haha Place order long 1.0225 TP 1.03 area..
  • #57,919
  • May 1, 2013 6:29pm May 1, 2013 6:29pm
Probably 1.017 soon.. 96 later
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  • #57,920
  • May 1, 2013 6:31pm May 1, 2013 6:31pm
Quoting diggo
{quote} Closed some more at 1.0272. More times than not, bears will want to go back to 1.031/32 min. to regroup and gain some momentum. Better r/r up there, so I will re-enter shorts at/above this level if we get there.
Re-entered closed shorts at 1.027
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