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Thanks V -- I originally planned to buy 56.50 (developing VPOC), but really thought it would test 56 so put my buy there and didn't get in at the price I wanted -- I'm trying to get better though at buying higher and decided to take the plunge. Truthfully I should still be long here. May look...

ooh sounds like fun, how many cars do you trade when you trade for ferraris? I think I'll do the same but I'll trade for a jet or something :-)

out 61.50 for +2.25

stop to 59.25

bought 59.25, looking for breakout

Sorry, meant 18 Nice trade.

Good point yes -- just that you are +20, and you're willing to risk losing -10 to gain +10. So you are giving it a +10 reward potential and willing to risk -30 to get that +10... at any rate you've done a great job on this trade so I'm not trying to talk you into anything, just want to see you...

If it goes back below 40 you really want to be long on this trade? I'm just trying to keep from having to read another "was in the money 20 points and it came back for B/E :(" from you ... :) Friendly reminder, UoM in 3 minutes

Furthermore, despite the doomsday in us perhaps due to news, etc., this picture is still quite bullish overall: http://screencast.com/t/LVKsTBtn

That "nip" is insignificant in the bigger picture, IMHO Question: if you were a longer term trader looking to get short, where would you do it, based on this chart: http://screencast.com/t/VkpSpswe2 For the profile, here is a 5 year profile, look where the real "nip" is...

Where's your stop V? Just curious :)

I think it's AUD/USD ;-)

Forgive me Blotto, I don't see you post very often, but I'm always interested in learning. When you identified your trades that you said worked out well, could you describe a bit what you were seeing and what caused you to make the calls the way you did? On this thread when I take a trade or...

Is this spike up news-related, or what? Can't find anything..

have a great day all

out 39, + 1.5 on the trade

filled stop to 37.75 looking for 42 optimistically if 39.50 will let go

will buy 37.50

did not sell 37 obviously, but looking to buy 36 possibly now

interested in selling 37, depends on how it arrives