Let all the living things live blissfully
- #4,642
- Nov 3, 2016 4:54am Nov 3, 2016 4:54am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #4,643
- Nov 3, 2016 4:57am Nov 3, 2016 4:57am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
{quote} Simple set up yesterday. So fa so gud. {image}
Ton of UK data today starting at 8am EST. My haunch is data will be positive.So far just about every red news has turned out green since pound drop.I guess cheap pound is stimulating the economy.Love to see the pound get stronger myself.cheers
In trading, you have to be defensive and aggressive at the same time
- #4,645
- Nov 3, 2016 5:19am Nov 3, 2016 5:19am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
{quote} I love to trade the news. Out at R61. {image}
trade
In trading, you have to be defensive and aggressive at the same time
{quote} nice one
Doing some trades before work eh?
Cheers
MR
Silence your Ego & Your Power will Rise
- #4,648
- Nov 3, 2016 5:33am Nov 3, 2016 5:33am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #4,649
- Nov 3, 2016 5:35am Nov 3, 2016 5:35am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
{quote} Pound is rockin.. UK court rules that the parliament has a say in Brexit. So its a hot potato. Plus PMI is very green. Doing some trades before work eh? Cheers MR
Just sharing this guys. NC and AC both are way higher then should be.Market is waiting for Fri data and I believe both going south minimum 200pips
NC is at R161 !!! this bloom will get its air blown soon
US election fears are drawing lots of funds on both NZD and AUD but don't think it will last. Feds are signalling rate hike this Dec.
In trading, you have to be defensive and aggressive at the same time
- #4,652
- Nov 3, 2016 5:44am Nov 3, 2016 5:44am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #4,653
- Nov 3, 2016 5:47am Nov 3, 2016 5:47am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #4,658
- Nov 3, 2016 8:43am Nov 3, 2016 8:43am
- Joined Jan 2016 | Status: Trader | 1,788 Posts
{quote} Yeah I am addicted to trading. Its my daily fix
Hi Mate. It's definitely an addictive occupation. I've had to work a lot this week, which sucks as we're not allowed mobile (cell) phones on site, so with almost 13 hour shifts I have minimal time to feed my addiction. With all the big news events I've had two nights in a row when I only got about 3 to 3 and half hours sleep. If my boss knew he would not be impressed. I've taken some good pips, mostly against AUD. But I've also got some cumbersome DD on N/U and N/J. I've had pending sells on N/J that missed three times by less than 5 pips while I was at work, including a .5 pip miss on part of holding today my time while I was at work. I was tempted to have a sickie today, but drug my tired ass to work, and missed profit opportunity again. I think there is a probability that the Kiwi will retrace enough to eventually take profits, but my near misses have been frustrating. One doubt I have though is that if N/U comes down, the U/J may rise, and take my damned N/J with it. (There's those offensive acronyms again). I'm curious to hear your thoughts on something. Supposedly the markets are alarmed at the prospect of Trump being elected, increasing the risk of wild swings and unknown impacts on markets, in part because he has threatened existing treaty's, trade deals, and has criticised low US interest rates. So it's obvious why gold might rise, yen and CHF strengthen. But I don't see the connection with the E/U. I thought it would weaken. And I would have expected weakness in commodity currencies, yet the A/U is strong, and the Kiwi has been raging. Of course the Kiwi had good news, but I don't see the counter effect of the Trump risk there at all.
Cheers mate, I hope you enjoy your new job more than I enjoy mine.
