EUR/USD 200pip+ move

Quote from cable:

I remember it perfectly. EURUSD had just touched the magic 1.3600, and you bet it would go up 200 pips....

Just kidding. But I feel it's my duty to crush your spirit before you get too cocky from all your good calls recently and end up betting 100% of your account on some kamikaze Yen trade....

Of course, if you didn't take that kamikaze Yen trade, you wouldn't be sKaLpZ.
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actually, Cab, yen's been pissing me off.

I'd love to buy it against the USD but it fckin EATS me with interest.

I can't take it!

I've closed 17 profitable skalp trades shorting USD/YEN in Oct., and you know what??

I've broken EVEN due to the INTEREST I'm being pounded with.

right now I am capped out on maximum amount of positions I can even tolerate on shorting that pair, with an average of 112.07.

which is fine... as USD/JPY is bound to tumble down again - I'm thinking TP in the 109s.

but you know what? I may end up having to burn off positions due to the interest I'm paying.

Imagine not even being able to keep a position open because of the interest you're being socked with!

I'm in the hole 6% in that account. and the whole 6% may end up going up in smoke... due to interest!

so, and I really don't like to do this because USD is so wobbly, the only other direction that could make sense is shorting yen against the USD.

I already have some positions open in that direction just pissing on me. But at least I am not paying interest on top of it.

I got 3 more positions allotted for my long USD/JPY trade - after that, the trade is dead in the water - I'd have to wait probably to the 108s before I get the next entry signal.

I don't need to take a kamikaze yen trade - the Fed's interest rate hikes have been fckin' me. :D

unreal.

The Coin

(I just wish I knew who made the $4 EUR/USD bets with me.)
 
Quote from VisionTrader:

Big weak shorts covering.

Tommorrow e-data will be very strong and everyone is expecting Katrina/Rita twins to have taken a big toll. Everyone will be surprised and down we go again.
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I agree. Though we may pop up some more first.

You know what the economists' expectation numbers are?

*sKaLpZ is too lazy to click his mouse to google "NFP."*
 
Quote from phenforum:

I bet the data won't be that bad, and we'll
have a nice day of choppiness, in which
I cannot trade at all. Lol..

Everyone pray that I'm wrong.
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I agree with this too.

the numbers will be a fizzle and the pair will just be blehky till close.
 
Damnit, Skalpz, I was hoping you'd shoot
my suggestion down... But yeah, it's what
I've learned to expect.

I guess we should expect a fraction of
the expected...
 
Quote from FXsKaLpEr:

UG, where do you get 200-pips?

from what price to what price?

I called a 200-point move UP from 1.2039 as close as I can document from other threads.

it hit 1.2204 today.

that's 165-points - still not 200-points.

a couple guys made some bets with me for $4.00 - I just cannot find the posts and from what level I called the 200-pip move up.

from 1.2039 is as close as I can see at this point.

anyone remember the bets?? :D

wouch you toulkin about!!!!!!!4:1 hummm well i remember
market went 200 pips down before comin up the 165 and not 200 as ZS has hoped..so ...ok bet 8:1 goin up from here to 1.25/
are you ON

Coinz
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Quote from Comandatore:

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wouch you toulkin about!!!!!!!4:1 hummm well i remember
market went 200 pips down before comin up the 165 and not 200 as ZS has hoped..so ...ok bet 8:1 goin up from here to 1.25/
are you ON


ZC
 
Quote from FXsKaLpEr:

I'd love to buy it against the USD but it fckin EATS me with interest.
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If you can't beat the interest, that's pretty pathetic for a trader.
 
Quote from phenforum:

Damnit, Skalpz, I was hoping you'd shoot
my suggestion down... But yeah, it's what
I've learned to expect.

I guess we should expect a fraction of
the expected...
More...
well... we were right! :D

"The U.S. economy shed 35,000 jobs in September, fewer than feared."

ts
 
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