Pulling an all-nigther for this EUR/USD trade

T-Bone Trader · May 28, 2009

I have a very good feeling that this is going to be a monster of a rally heading into Friday!

If you look at the $SPX charts and USO charts, they look they are absolutely ready to fly thru the roof on ** okay ** economic data.

I don't think that people want safety in the US dollar right now - risk-taking seems to be the current theme!

I have my profit taking limit @ 1.4100

See you guys there!!!

nsideus · May 28, 2009

If you have such a good "feeling" about this trade, why would you need to pull an all-nighter? Just go to sleep and wake up tomorrow to monster profits

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T-Bone Trader · May 28, 2009

I could never keep away from the computer with such a large position....

I would never be able to sleep - thinking about the chart movements.......

I wish I was that much of a confident and competent trader! Soon!! though.....

TradingPilot · May 28, 2009

I would prob do the same! But if you are disciplined and have a stop set in go to bed and let her ride!

T-Bone Trader · May 28, 2009

Quote from TradingPilot:

I would prob do the same! But if you are disciplined and have a stop set in go to bed and let her ride!

Hopefully I will get to that level where I can be that type of great trader!

But for now -- tons of Red Bulls!!!!!

stevegee58 · May 28, 2009

Damn, I saw this thread and tried to log into Oanda. Wouldn't ya know it I'm having connection problems. Arg.

T-Bone Trader · May 28, 2009

Really hoping to double my account balance with this trade!!!!!

So far, so goooood!!!!!!

AJFCapital · May 28, 2009

I'm doing this trade too

I'm also selling the USDJPY...we'll see what happens with that

stevegee58 · May 28, 2009

I'm at +12 so far, entered at 3971. I'll sell 1/2 at 4000 and let the rest ride with a breakeven stop.

T-Bone Trader · May 28, 2009

Nice!

This looks like an easy winner right now. All the MAs are bullish and the 60minute chart looks like an ex-con who just finished a 25-year sentence and has just seen a young college girl bending over and asking him to screw her!!!

Looking real good right now - got this trade on autopilot