Live FX Trades

[cowpip 10]

Out at b/e

[cowpip 10]

LOL! You guys sure do help make reporting losses more fun! A little popcorn, and I'll be good!

 

I was wondering how many trades you guys on average take per week?

 

Probably too many. Last week, I took 21 trades.

 

BTW... Stayed flat during the rest of the european session.

 

Just took a long on GJ @ 188.92 about 20 mins ago. But in this market, no one knows where it's going. Every sodding signal I've seen has been a big fat fakeout today. Even the 4-hour hasn't produced any goods.

[cowpip 10]

And out at b/e... I trust this market today about as far as I can spit (even less).

[cowpip 10]

Short @ 188.89

[cowpip 10]

Is it opposite day today or something???????? I'm going to have to shut it down. This is a sucky market. I can't tell what it's going to do.

[wasp 10]

Is it opposite day today or something???????? I'm going to have to shut it down. This is a sucky market. I can't tell what it's going to do.

 

As the lows were rejected, I looked then for a long... There was a pullback to S providing the long signal and thus personally, I have entered long on that (per the triangle)

 

EDIT: scratched....... no live calls damnit!

Edited September 10, 2008 by wasp

[cowpip 10]

Short @ 189.38... slightly belated. Had to run out.

[cowpip 10]

Closed for +14. This is going no where, but is threatening to become another pullback for a move higher.

[cowpip 10]

And as is typical - within MINUTES of my decision to close, the dirty scum-bag decides to resume the downward move. Sigh... Now I'm being over-protective of my entries, which is just as bad as any loss. Hmmm... I need more sleep.

[pipMonster 10]

Short GJ @ 188.98

[cowpip 10]

Long GJ @ 188.75 (nice call, pipmonster!).

[pipMonster 10]

We'll see if this bugger has any legs. The market has been a real bear over the last 24 hours. Several trading blogs I was reading are also complaining of difficult conditions and that large banks and funds are pulling in their algorithms so as to only gather a small(for them) position at any particular time until conditions improve.

 

Edit:

 

Wasp, it's not the live calls, it's the crappy market conditions.

[cowpip 10]

Nice call, pipmonster. I *SHOULD* have been in on that one. My bloody STUPIDITY!!

 

Out -40.

 

I am so sick of seeing losses. Every bloody time I take a trade, it goes against me, EXCEPT when I close prematurely. Argh!

[pipMonster 10]

Closed for +62.

 

This market is so jittery, I'll take what I can get. When price retraced back to ~189.00 I was hoping it was only a test of the round number.

 

:beer:

[cowpip 10]

This is nuts. Just who is in the driving seat anyway???

[cowpip 10]

Long @ 188.42

 

It closed smack dab on my trend-line, but the rejection from lower was so strong, I have to think this may have switched directions now. We shall see.

[cowpip 10]

To show this wasn't another blind trade, there IS some support here on the daily frame as well, although this does not by any stretch protect my entry.

 

EDIT: But it helps.

[cowpip 10]

There's simply no way to win in this market. I'm going to have to take a break here. This is beyond frustrating.

 

EDIT: I'm still long, but just... I don't expect to survive.

[pipMonster 10]

Short GJ @ 187.94

[cowpip 10]

Short GJ @ 187.94

 

Well at least someone is going to make money here.

[pipMonster 10]

Well at least someone is going to make money here.

 

You had to say that, didn't you! :o

 

Price has now moved against me by better than 40 pips :frustrated:

[cowpip 10]

Well that's just too bizarre! After enduring a huge run against my position... after having price come within 0.1 pips of my stop... the sucker runs right back up and when the hourly candle closes, it breaks the trend line and signals a long for me. And it signalled the long 2 pips higher than my original entry. Now that's freaky odd.

[pipMonster 10]

Closed 1/2 position @ +50 and remainder @ +1.

 

Profits is profits, but that ain't much for 6-1/2 hours of waiting.

 

We'll try it again tomorrow.

[cowpip 10]

Myrtleturtle... some fresh sleep and everything looks different. Your trend-channel is much larger than you annotated. It's just resuming where it left off prior to the Fannie/Fraudy thing...

 

PS: Just took took +20 on $/yen. Quick in and out. It's not much, but it was double the size I was using on GJ, so it's a start. Sorry for not posting live. My wife is heading out for the day and I had no time to post it live.

[cowpip 10]

Short $/yen @ 106.80