trading forex

[highballs]

underwater here and not happy but will short another 100K at right time.

 

[highballs]

it's not your PnL at end of day that matters but the 1099 at end of year..

 

[highballs]

short another 100,000 @.3364

 

[highballs]

EURO drops here

 

[highballs]

hmmm EURO falling, DOW stable hmm

what can it mean?

 

[shopster]

Quote from highballs:

short .3315 100,000

underwater here and not happy but will short another 100K at right time.

short another 100,000 @.3364

it's not your PnL at end of day that matters but the 1099 at end of year.

" what can it all mean........?

" losers average losers.........." as the comedy of errors unfolds.

trader excuses and navel gazing starts to creep into the process.

it means " the Euro owns your ass " with no stops, shorting a long trend, adding to a negative carry.

the rabbit hole gets deeper as it all spirals down.

trading recap:
-4 losers
+2 small winners

-100 plus ticks on open positions.

profits, profits where forever art thou......

cheers,

s

 

[highballs]

The top is around here someplace....thinking .3500, that's a logical target

 

[highballs]

Looks like a drop here to what about .3385 before testing .3500? just thinking out loud here, god knows i'd love to see that happen

 

[highballs]

thats it longs, all over i love a blow off top

 

[shopster]

two very excellant well timed short entries.

congrats.....

tally ho -280 ticks of negative carry.

maybe average down and sell a boat load more..........
make all the pain go away.

sadly, my last post as the shop work is now done.

cheers,

s