Phil Mibbutz

Looks a bit like a 760 close now. (That should be worth a 50pt rise!)

Good luck. Let's see if it bounces off 800 this time, although I still have the idea that it's going to hit 11,600 some time this week.

Glad to be of service. Any trade I post on here is gauranteed to lose me 15pt.

Told you...

800 short triggered, so get those longs on now.

But will it hit the previous Jan and March lows first?

A demonstration of why I haven't been posting much recently. Anything on TL seems doomed to be a loser! Swift -12 on that one.:crap:

Evening all. Long 209 in the hope it'll break upwards to around 240.

Start trading when you're about 20 and you might just have it sussed by the time you retire, if you don't die of a heart attack.

Bounce from 210-ish?

Can anyone really 'understand' the YM, and how long does it take to reach this stage of enlightenment?

It doesn't really matter how much of the range is captured, if you make a gain every day, without fail. Even if it's only a few points, all you need to do then is scale up.

:hmmmm: FWIW FW, I'd say it depends on what you mean by 'the complete range'. Placing more trades theoretically gives you the chance of making far more than than the range.... If you get it right. Or losing far more if you get it wrong, of course. So far as yesterday's or any other chart goes, commenting after the event doesn't usually help much. My ideas would probably be completely different if I could only see the part to the left of the green dot and were unaware of what happened next!

Good luck. Looks like another sideways meander until lunch is over.

Thanks, FW. I clicked when it said 110, but it was a bit of a fluke.

Limited out 140.

Long 113. It must bounce now!

Out +19, although it would have triggered a 300 limit, I think.

Probably regret posting this, but short 322, 300 target.

Did you stick it out? I lost nearly 250 on oil last week, which was probably the inevitable result of making 750 profit the week before.

Limit hit (after nearly being out on trailed stop).

Long 238. 55 limit

Out for +20. Probably premature but you never know:)

Long 286. Looks like a support level so far...

Don't close it yet, Wasp! My recent success rate with indices has almost convinced me to try FX again after a long break. Next week just take the opposite trades of anything I post and you'll be guaranteed huge profits.