Chinook's EUR/USD (E/$)Mumblings

Actually, a good method of "winding down" might be posting on ET after a trade ... it at least keeps one out of the market a little. :D

With regards to my last scalp: round numbers are very predictable sometimes. :p
(depends on market conditions, of course)

Yes, another "mini-pattern" that was evident:
When IB Ideal Pro (close to interbank because of little action ?) quote went down (to 1.2628), a little buildup on 1.2628 in EuroFX happened (only around 90 I think). But with the bigger lots below on bid not retreating it was quickly overtaken. Seems trivial but gives very important small clues - especially when all those gets added up. Now we finally went on to the round number ... 1.2630 on EuroFx.
Just one example of things I look for.
 
I've in this short trade for 90 minutes. It went against me 3 ticks and for me 8 ticks. I'm still patiently waiting for a reversal here. At least, it's keeping me from overtrading :) Tight range here....
 
Quote from chinook:

I've in this short trade for 90 minutes. It went against me 3 ticks and for me 8 ticks. I'm still patiently waiting for a reversal here. At least, it's keeping me from overtrading :) Tight range here....
More...

Yes, after the european close and then the lunch hours and an unwinding friday .. taken the latest fridays - I guess it won't make any big moves, if it does ... I don't care much. :)

We have all have slightly different triggers for trading, but I prefer playing with my 2 year old son right now. :D
(and I have that long bias towards the end ... very little resistance upwards .. and there is not that much punch in the market for looking at running stops down - so chances are the overwhelming bull bias manages to "trend it upwards")
 
Also, seeing the flow of comments on other USD-pairs from Thomson it could be crosses that weighs in towards the close too. USDCAD sliding e.g.
 
Quote from curl:

stockmarket weak
More...

Looked through your posts, and was wondering why you don't post stops anymore - like you used to ?
And are all your posts (close to) real-time ?

I was thinking about your entry after that ~100 lot went on 1.2633 ... where would you be stopped out ? It's back on 1.2634 now -- but that's a bit risky into the close I thought .. sitting through that almost immediate downturn; and possibly the top of a mini-range.
 
You must log in or register to reply here.
Back
Top