Currency Trading (Nov 27th - Dec 1st)

[ChowClown]

Looks like you were lucky with your 68 entry level Chow. The dollar is nice and strong but unfortunately so is the pound. Come on cable, go down!

Yes, the Oanda low was 9470.7, came within a gnat's wotzit. Where are you short from?

 

[Offshore Trader]

70. It always gets you in a good mood when you are short 1/2 point above the low of the day. Ironically I wasn't sure whether to put my short at 69 or 70. Not my lucky day

 

[ChowClown]

hmm v frustrating. Fingers crossed for trade 2.

 

[candles]

had a frustrating one myself so far. Shorted the FTSE, stopped out on the very high tick!! lol.
Shorted cable. small loss. Shorted again. we'll see...

 

[mark twain uk]

turned back up again, out for a miserly +7 pips, could and should have done better

 

[mark twain uk]

Anybody brave enough to hold a position before GDP figures are released?

 

[xx_joray_xx]

Anybody brave enough to hold a position before GDP figures are released?

i have two long positions rite now one from last nite at 19534 and one at 19504

 

[ChowClown]

Flat atm with orders in at 540 long, 468 short.

 

[xx_joray_xx]

Flat atm with orders in at 540 long, 468 short.

what does flat atm mean...and how do you find out what the orders are in at

 

[mark twain uk]

I hope CC does not mind

atm = at the moment

the orders are where the trader places them

 

[candles]

flat = no position (at the moment - atm)
order in at = he has set pending orders to byt at 540 and to short at 468.

 

[xx_joray_xx]

I hope CC does not mind replying

atm = at the moment

the orders are where the trader places them

is there some kind of screen that is telling you where the most of the traders are placing there trades

 

[ChowClown]

Flat atm with orders in at 540 long, 468 short.

540 filled and not looking a winner from here.

 

[Offshore Trader]

Horrible, horrible, horrible, suspect the dollar will continue higher but with the strength of Sterling who knows what Cable will do?

 

[mark twain uk]

got lucky, bought the dip, reversed at the top and went flat in the middle, 52 pips in less than ten minutes

 

[Offshore Trader]

got lucky, bought the dip, reversed at the top and went flat in the middle, 52 pips in less than ten minutes

Great trading and definitely the technique for today. Unfortunately, I trade breakouts which has been a nightmare for me today.

 

[ChowClown]

540 filled and not looking a winner from here.

Full risk loss. 540 now re-armed. "Your the next in line, Domino".

 

[ChowClown]

got lucky, bought the dip, reversed at the top and went flat in the middle, 52 pips in less than ten minutes

Nice one

 

[candles]

bad luck cc. how many pips that one cost ya?
Im having a mare myself today.

 

[mark twain uk]

and short again from 9505, if I am really lucky I will make my ideal 100+ pips a day (dream on) - out at B/E