JER08 said:I am short from 606, but have a reversal strategy in place just in case.
Retail sales worse than expected, but $ still goes up, what a game!
Uphios said:So the story this last couple of days is if you set a new record balance of payments deficit and register more unemployed, the DOW hits a new all time high. And if retail sales are worse than expected it is good for the $. I'm gonna have to re-work my strategy!
Poor old Loonie, exceed expectations on car sales and the loonie goes down. Must be better for the economy not to sell cars.
...trying to use both Oanda and CapitalSpreads atm, i'm used to Oanda and have the order form open all the time so re-arming is usually quick and easy - wasn't quick enough on CS though so missed the re-arm there.trendie said:memo to self: buy some kevlar gloves to help with my catch-a-falling-knife fixation.
good trades Chow and all. admire your ability to trade in the moment (buys and sells).
I am seeing a broadly up-move, and am only looking for longs.
a_gnome said:Hi David,
Could you elaborate on what your probabilities mean? For example they seem to be saying that the chance of it closing < 1.8601 is 67% and yet the chance of it closing > 1.8635 is 50.4% which is clearly not possible as these are exclusive outcomes which add up to more that 100%! Or are these figures to be taken merely as relative likelihoods? So the chance of it closing < 1.8601 is 67/50.4 times the probability of it closing > 1.8635?
trendie said:memo to self: buy some kevlar gloves to help with my catch-a-falling-knife fixation.
I got burnt on the fudamental's today got stopped out on the spike I moved my stop to 30 and it spike thru to 36 hence I lost -24 pips today...................ouch...trust me it did hurt specially when it went in the direction forecasted.................rav700 said:I am short @ 1.8606 with a stop @ 1.8626
rav700 said:I got burnt on the fudamental's today got stopped out on the spike I moved my stop to 30 and it spike thru to 36 hence I lost -24 pips today...................ouch...trust me it did hurt specially when it went in the direction forecasted.................
Hope no one else had any issues with the spike
This week has been an okay week for me I guess not too bad
But did not achieve my pips as forecasted will try harder next week
Best of luck
Offshore Trader said:Got stopped on the spike as well but luckily reinstated the position straight away so made all the pips back and a few more. Without the spike though it would have been a great day. I know what you mean though. If you get stopped out, you really want the market to prove that you were really wrong not just end up doing what you were hoping for. Bad luck. There will be plenty of chances next week