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Short 1 @10570, stop 10581

Why are you replying to blackguards post?

That will do it for me, stopped out @10550, 90 pts on that one, I have know position at this time.

This is amazing. we are in debt as far as the eye can see, we are at war, our country just had three major natural disasters in a row, and these frigging son of a bitche$ are extending tax cuts god help this country. im ashamed to say Im a Republican.

Watch out for the US inflation data next week long dollar traders.

I have one lot left from 10460 that I bought last Wednesday. I will let it go for 10610. My stop is @10550.

Who is your Forex broker? IB is great for electronic futures, stocks and much much more, unfortunately IMO they are not as competitive and flexible in their Forex. I don't like paying the spread and a commission. I do trade thru them but not Forex.

You have no credibility unless you tell the board what your risk management is.

Were is your stop? if you dont have one let the board know.

Making an adjustment sold that one lot @10595, for 135 point gain. I have one contract left from 10460 and have a stop @10550 on it.

I only trade long and I like trading crosses that have been in multi year down trends base and turn up then trade from the long side, I gain from price appreation and from the carry, not to mention the interest paid on my unused balance. I like the wind at my back at all times. USD fits that...

Oh heavens know,that is 18 months of hard work, and alot of interest payments. What made you think that was one trade?

Trading SpotForex is really no different than trading any other market, it is open 24 hours. But it has distant advantages over futures, like the carry trade. But really it just another instrument to apply a strategy to. If you have a strategy and have the discipline to trade it then you have...

Wait I take that back, buying into a market that has been rising for 5 days is hard to do. But thats how money is made doing what most traders cant do.

Its amazing to watch these folks short this when the minor trend is up, I dont understand why they dont get long and buy the dips.

Placed order to sell one lot from the two left @10605.

Its about freaking time sell order executed on 1 lot 10570 for 110 point gain, still long two lots from 10460, will check back soon, need to monitor long USDCHF trade.

Inflation data due out next week CPI,PPI are going to hurt the dollar IMO.

If its interest your after check out Oanda, I have moved quit a bit of money into my account held with them, I get paid everyday, not ever month. Not to mention the carry trades on my long dollar postions. Trades in USDCHF, USDJPY 3.60%, GBPJPY, GBPCHF are paying 4.25%, AUDJPY 5.25%...

IB pays LIBOR minus .50% on unused balance.