Search results

I figured that you would be holding this one longer term. I usually take profits and trade everyday. I keep short profit targets 20 pips. So until I can get my account build up I thought that this would be the best strategy. that way I'm almost guaranteed to walk away with 20 pips everyday. All...

Ivanovich, great article. I managed to capture some of this down move also. good call.

I take it you guys were on the sidelines today?

The only problem is knowing when we have reached the top of the mountain? The further up we go the dizzier prices become the more volatility increases, then an attempt to take out the new top, then a failure , then another attempt to top but this time lower than the previous 2 tops. then the...

The problem with trading currencies is that there are so many economic and legislative issues that one cant possibly be able to obsorb it all never mind making money form it. Even George Soros admited in the "Alchemy of Finance" that there are some "technical" aspects that can change the...

I used to do the intraday thing to but right now i dont have the time to watch the mkt all day. I seem to do better with my swing trade setups though. I dont get the exact top nor do i catch the bottom but i do manage to capture a nice portion of the move.:D i must hold to my guns even if i...

I havent got the nerve to short yet. All my indicators are ripe for a correction. I just have to wait and let the mkt confirm this.:cool:

I second that. 1.35 might even be in the cards?

:D Other than getting out to vote this morning I have to go to work. I have been working alot lately. I have been working double shifts so that I could save a sizeable trading steak. I hope to back with you guys shortly. Until then happy trading.

because i work so many double shifts at the airport i have little time to watch the market. as you can see i seldom have time to talk to you guys. soon i won't have to work so hard at the airport and i will be able to trade more. by the time i saw the screen i was like wow! i can't wait to...

did anyone catch this mornings rally?

I've missed you guys.:) as you know I've been working double shifts at the airport and have not had the time to do any sort of trading. On a good note my system has been performing well and I could have made $$$ if I were able to trade.:( Oh, well how have you guys been doing with this...

With the US Dollar getting punished and the Eur/Usd on the rally I think the mkts are finally showing its true colors.:D

1.2132 is todays spot low according to Forex.com

DON'T FEEL BAD.:( I missed it too. I was busy working on my program and missed the overbought indicator reading so I was supposed to be short at 1.2213 but I got sidetracked after the previous days loss.:( I will probably be out of the mkt until next week since I will be working double...

that the Eur/Usd is building up momentum for the next big run. Unfortuneatly I can't get a good read on whether or not it will be up or down?

50 pips.

I have to run out to work now but i posted my trades in my journal. I'm playing both sides as well. I don't know which way she will break but it looks like I will be ready.:D :cool:

Sounds like you were very disciplined today.:) trailing stops are hard but try to leg out of the trade and you may feel better because you take some profit at a set target amount while letting the other leg ride it out i.e. playing with the houses $$ without sacrificing the mega points while...

I think that the Yen and the Pound are 2 of the most manipulated, controlled, and Gov't intervened mkts on the planet. :mad: Although I have made $$$ in both mkts in the past.:D However, today is a different story that is why I have switched to the Eur/Usd.:cool: