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Very weak Payrolls report. Short 215.3 st 216.3 tp 213.5

I favour taking profits as opposed to moving stop to break even as so many times i get stopped out at break even, so unless you hit a new trend the price goes back. It just never seems to work out for me by moving stops. However, if seems to work for me better in stock trading, where i would let...

Well i am out at 215.62 for +90pips. Will wait until after NFP for my next move.

I agree with you. You get a few good trades then you overleverage and wipe out all your other gains. Yes, i have done that in the past. Definately a psychological thing. My stop gets hit, only to be proven right 1 day later. Thats the most annoying thing.

Good stuff. Very nice trade at 3 lots. I really need to increase my lot size this year. I suppose success breeds confidence to do so. On another topic I sold eur/cad at 1.4620 today. I think its overbought. I also think the eur will crash later this year when it dawns on Trichet he must cut...

Shorting again after a 300pip rebound. Tight stop this time. 216.52 short 217.2st 214.5tp

I think it would be a miracle if you succeeded in this attempt, due to the intrument you are trading. I think 8k-80k trading equity options is very possible as if you found a good set-up, at the right time you would need 3-4 situations where an option would double (20% increase in the...

Tp hit at 213.64. +365 pips. A great start to 2008.

I am quite omnivorous so i trade currencies mostly GU & GJ, equities and equity options. Equities and options for more long term positions. Currencies for shorter term speculation. How many lots do you trade mrfrank. I just would have to take some profit even if i 1000 pips up.

Lets kick this thread off. I had a lot of trades today, but with such volatility i didnt post any as they were quick scalps. Short 217.29 tp 213.64 st 219.29.

Thought i'd start off the new thread. Here's to a profitable 2008. ForexPro

I read an interview today in the UK. A guy was saying that some US property was yielding 20% near US university campuses. I found this astonishing. But, if its not BS, what region/town are we talking about? Happy New Year to you all.

Yes Mrfrank you have a good position there. I still think GBP/JPY will hit 213 by Feb, like i said a few weeks ago. Will be looking to play ball in 2008. Massive selloff in GU today. Annoyed me as i was short at 2.0010 got stopped at 2.0030, it went to near 2.01 then dropped 280 pips from its...

TP hit +108 pips. A great end to the year.

short 224.38 st 225 tp 223.3

Tp hit +216pips

Short 226.16 st 227 tp 224

Out at 225.5 +140pips Looking for another bounce to sell.

Back again. Short GBP/JPY 226.90. Had a pop up after xmas, so is a good time to sell again. TP 225.5 st 227

So what will happen to Felix?