Search results

During the whip, I was long, short and short. Three losers in a row. Now I'm still long. So far the pullback has been only 22 pips. I think we'll pop 1.23 soon. Chinook

Let's see if this puppy will pop 1.2300. Then it should be smooth sailing. Neal, have you started popping the Champagne corks yet :) Chinook

I got myself whipped around right after the spike. But I'm finally long. I'm hoping for a trend up day so I can ride it easily. Chinook

The bad comes with the good--It's part of the game. I'm kind of new to FX too but I like it :) Chinook

Yes, I was in at 1.2234 in the futures which was about 1.2240 in the spot. I got shaken out by 6 pips and then the market immediately turned down--Oh well, this is part of the game. But anyway looking at the price action, it looks like it might be able keep the upwards momentum tonight. Good...

My short got nuked after this last spike at about 1am EST. Anyway total loss is 10 pips. Tomorrow should be a decent trading day. Chinook

Probably, you are right in your assessment. To me it felt like most of the move was due to short Eur stops popping. Anyway, I 'm only risking 10 pips with low leverage. Chinook

I agree about being lucky than smart. It's much easier when one accepts that this is almost like a game of chance. I'm betting that we'll go back to 1.2180 later tonight. I'm short now. This feels like short covering than real buying. Chinook

Lucky you. You got a late day bonus of 60 pips so far :) Otherwise, we'd still be around 1.2180. Chinook

The sudden move late in the session nuked my shorts! I'm glad I got stopped out before the Globex session break. I had decent profits but gave back most of it. Oh well, hopefully we'll see some wilder action tomorrow. Chinook

My shorts with tight stops got fried. I had three stops each a tick apart and the market turned away right after stopping my last position. I reshorted with some loss on the last shorts. At this time, I think we'll see some random walk. I can take my small profits on this last short or let it...

What are your stops (how many pips)? Good luck. Chinook

Now I'm back to shorts.... Chinook

I started playing both sides. I'm long now. I'll be very happy with 20-25 pips. Crude oil's trying to rally. Chinook

Increasing the Odds of Success Trading is one profession where you often find yourself working against the odds. Not just anyone can walk in off the street and start making consistent profits. It takes practice, skill, and the proper mindset. Unless you take evasive action against adverse...

I just covered. If it bounces from here I'll reshort. We might see a test of 50. I'll be surprised if it goes down to 30s. Good luck to you too. Chinook

It looks like it might be a slow day today for EurUsd. I got whipped around after the eco numbers this morning. For now I'm on the short side. Chinook

trade-ya1, I can use a smooth ride too tomorrow :) But I think we'll see a narrow range day. I don't think the bombings will further impact EurUsd. You seem to stay up quite late for NYC time. How much do you usually sleep? Chinook

I know the exact feeling. It feels like you have aged 20 years in 8 hours due to the intense feelings and emotions. My wildest daily ride has been only 5 figures but it was enough to give me gray hairs! We had a such a big daily range during Wednesday's session, I think Thursday will be...

I got caught up in the moment and didn't scale out. I do think that scaling out is the best way to ride a trend. Chinook