Currency trading (Sept. 18th > 22nd)

[Offshore Trader]

....blimey, i'm walking with giants!

I've learnt more from these pages than I ever learnt at a bank. Most of the people who contribute here would be better than 95% of the people who trade for banks

 

[Priceman]

I got in short on cable at 95, it failed on 9000 (fade the double/triple zeros) also confirmation was the pin bar action...

first target 65

 

[ChowClown]

..nice one PM - good for a 61.8 retrace to 940ish perhaps. Took my breakout trade off at 985 for +25 odd against the 000 stumble.

 

[dc2000]

Most of the people who contribute here would be better than 95% of the people who trade for banks

thats interesting

Bounce off 948 to 9020 anyone?

 

[Priceman]

..nice one PM - good for a 61.8 retrace to 940ish perhaps. Took my breakout trade off at 985 for +25 odd against the 000 stumble.

Thanks Chow... although I have to confess I took the money at 75 as wasn't convinced it would drop that low... now long 9020 would be perfick !

 

[Priceman]

thats interesting

Bounce off 948 to 9020 anyone?

Aha DC in da house... you been waiting in the wings then for your setups or just laying low mate ?

 

[jonnyy40]

Offshore Trader/Zuke can you trade 10million NOK without too much slippage?

 

[Offshore Trader]

thats interesting

Bounce off 948 to 9020 anyone?

How does he do it :?:

 

[Priceman]

How does he do it :?:

Huge positions ! He makes it move, he is a bank

 

[ChowClown]

How does he do it :?:

...50% retracements seem to be where the big lads prefer to jump on strong trends, by the looks of it.

 

[ChowClown]

...g'evening chaps. Won't be around tomorrow, sales conference at The Grand, Brighton. Marvellous.

 

[dc2000]

Aha DC in da house... you been waiting in the wings then for your setups or just laying low mate ?

just been looking at other markets whilst waiting

 

[wasp]

That triangle

Its terrible when you have to swing trade cable to make a half decent profit

 

[zuke]

Offshore Trader/Zuke can you trade 10million NOK without too much slippage?

Usually slippage isnt a problem except around big news time.

 

[jonnyy40]

cheers

 

[dc2000]

Its terrible when you have to swing trade cable to make a half decent profit

Isnt it just, would be nice if tomorrow it could hit profit target(9073) and square things up for the weekend (close within 60 pips of 8808)

 

[hornblower]

Morning all
what are we going to see today

 

[Offshore Trader]

Morning all
what are we going to see today

Lots of straight line movement I hope

 

[Priceman]

Morning all, it's like a runaway train at the moment ! Let's hope it carries on a little more before confusing us. I'm long but tentatively, it should hit it's high mid-morning then down me thinks... but not down for long... first target 60 then let's see the price action

 

[wasp]

Mng all,

Last days trading for me for awhile and I'm finishing it up with a bit of USD/DKK. Its virtually the mirror image of cable but the moves are roughly double cables, which is nice! Trying the old pure unadulterated price action malarky with nothing but a few S/R lines... Short at the moment and see how it plays out...