short EUR/USD...

hi,

thanks for your comments. I play a lone hand so I won't explain nor will I will i take your criticisms personally.

I believe I have a great edge and I have the discipline to make a lot of money, which is usually made by sitting. Therefore I post here.

To remind you please review:

http://www.elitetrader.com/vb/showthread.php?s=&threadid=46886&highlight=euro

I posted this when Euro was at 1.33, I called 1.20 WAY back then. I had my "other great trade of the year" back then exiting for +350 pips or so, and +700 on 2nd half. (My target was 1.27 that is why I exited there instead of holding for 1.2000) If you look at the chart it took several weeks to develop (well the first 1/2 I got almost immediately which is why I took 1/2 off)

If you look at your charts back then it was a fairly presicent call especially when we reading about how the USdollar was going to zero (You remember those magazine covers dont you?)

Please understand I am a 'real' trader; I am not a scalper and I post these so people see I'm not full of B.S. and calling my moves positions in arrears like everyone else seems to do.

Personally, I dont mind small losses as much as when I take several stops them the big move happens without me.

Be patient friends, I'm still looking for a big move in US Dollar.

Still stalking an re-entry.
 
Quote from OfmY:

Is playing on globex is safer than spot? why?


No, makes not much difference. It is only that I am using the Globex data for my own charting. Some trades I use spot, some trades I big contracts. But for longer term charting I use the mini contract because it has less load on the charting package.

Hope this helps
Maria
 
hi, i tried one more early entry, 1.2034 9 pip stop, if I stop I will wait for a better short entry.

The reason I am entering early is because I am expecting a climatic selloff where it drops extremely fast, ie panic and it is difficult to get short/moves very fast, thus the early entries.

currently -12 pips across 3 trades.
 
:D

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My 1-3dayswings system gave a sell on EUR/CAD
yesterday at around 1.4100
which looks much better than the sell on EUR/USD.

A
 
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