FX-2007: Apr 08nd > Apr 13th

Where do you think we are heading this week

  • 200 pips higher than last week

    Votes: 0 0.0%

  • Total voters
    9

pssonice

Established member
900 12
your stop target and your where we are now in EURUSD

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salty

Newbie
9 0
Now really gone short US dollar v. Jap. Yen at 119.14 based on .61 retrace of fall from 119.55 - Limit order triggered by rise in dollar following Michigan sentiment.

Wrong side now but coming back down and will hold even with carry costs over weekend if not taken profit at 118.84. Will consider exit or double at 119.44. The 30point stops and take profit are arbitary but seem to work with my strat./ signals.

Don't know what pssonice has done or said and don't care.
 

Uphios

Well-known member
389 8
pssonice said:
I can't read that graph, the numbers are all fuzzy. Getting very nervous now because it has gone down even more and I'm now losing it twice as fast. What number should be stop be at? and what target number for my profit?
 

Uphios

Well-known member
389 8
Sonic..



Are you there 'cos I don't know what to do. It's still going down and wonder if I should close or add again. What do you think? What are our targets and stops?
 

Atilla

Legendary member
19,909 3,160
Well sorry I don't have much to say but still short on Cable with a small bet and recouping some of the losses. Just closed short pos at 1.9836 for -70 pips. So much for micro pips swallowed up by a macro pop... :LOL: :eek:

Typically, I didn't add to position and feel really :eek: at how I manage to screw up last couple of days. (People coming and going, and work doesn't help but shouldn't blame environment). Sunshine is a big bonus and can't get my mood down. Can't wait for school holidays to end though...

The news is really twisted. Oil was at $64 yesterday and no impact on inflation yesterday and suddenly today it's a story. As for inflation when the results came out SPX rose :confused:

Number of traders suggesting if new highs don't come in we are going for a meltdown. When that happens $ will strengthen against the £.

Now watching 1 hr and 3 min charts. Considering some more micro trading again. :rolleyes:

On a good note like to say thank you for all the contributors to this excellent thread, it really does add to my day.
 

Uphios

Well-known member
389 8
pssonice R U there?

Any targets or stops yet? If it stops around here should I hold for the weekend? I don't usually do that but I don't really want to take this loss, especially having added to it? What do you think? where should I put my stop? are we still confident it will go back up?
 

Uphios

Well-known member
389 8
Pssonnice. Please reply

What now? It's not even the same street anymore!!! My wife is here crying 'cos of ll the money we are losing. Damn, why did I follow your advice and now your not even replying.
 
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Reactions: 29Investments

Uphios

Well-known member
389 8
29Investments said:
Wow USD really gaining some momentum now eh !
Flexing it's muscle.
 

salty

Newbie
9 0
Stopped out of short dollar/yen at 119.44 as no other orders set up and hesitated for real loss of 30 pips.
Re-entered double size at full retrace 119.55 finishing for weekend and will hold for Jap. news out early Monday morning. looking for 119.25 for half and maybe 118.95 the rest.

I hope Uphios was not really in the trade with pssonice and all have a good weekend.
Agree with 29 I re FTSE likely to fall early next week so small short at 6450 for 30 points either way.
 

Atilla

Legendary member
19,909 3,160
salty said:
Stopped out of short dollar/yen at 119.44 as no other orders set up and hesitated for real loss of 30 pips.
Re-entered double size at full retrace 119.55 finishing for weekend and will hold for Jap. news out early Monday morning. looking for 119.25 for half and maybe 118.95 the rest.

I hope Uphios was not really in the trade with pssonice and all have a good weekend.
Agree with 29 I re FTSE likely to fall early next week so small short at 6450 for 30 points either way.

I've switched to a long position now.

I'm guessing cable will now try and hold this 1.98 level...
 

Uphios

Well-known member
389 8
Pssonice. Where R U ???

What's happened to you? I faithfully followed a complete strangers advice and jumped in on the recommendation of an expert trader but when it all went wrong you disappeared. Net result is I have lost not only money but also my wife, and that's only the good news. The dog has left me as well and I am heart broken, I tried to commit suicide by jumping from the window but as I live in a bungalow this was a failure as well.

I guess the morale of the story is don't blindly follow advice on a chat board, which of course I didn't.

Good luck with your trading.
 
 
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