Live FX Trades

[pipMonster 10]

Short GJ @ 186.82

 

$Y Cowpip? I thought you were a geppy man. I hope it runs nicely into profits for you.

[pipMonster 10]

Well, that was f*&^ing stupid. Out for -65.

[cowpip 10]

Short $/yen @ 106.80

 

It went to +30 for me... I had a feeling it wouldn't run lower, given the 180 pips it already had run for the day.

 

Sorry to hear about your loss. This is one heck of a choppy market. Doesn't look like it'll settle down anytime soon, given how jittery everyone is about Lehman. And hey, have you all heard? The U.S. govt is actively engaged in orchestrating another takeover of Lehman. Woo hoo! More liability on the U.S. taxpayer, perhaps? Now why would the dollar rally on such news? Ah well, nothing makes sense anymore. Not even price action is making much sense.

[cowpip 10]

Short $/yen @ 107.12

[pipMonster 10]

it turns out longs are the way to go. I took a quick -25 on geppy, then SARed into this long position from 188.65 and closed for +90.

[wasp 10]

weekend divider... have a good one all!

[wasp 10]

Another 300 pip gap on GJ for the opening atm...

[cowpip 10]

Yep. I took an entry just before the markets opened (short) on the anticipation of a gap lower and closed for +340. Not a bad way to start the week. The bankers inability to help out Lehman is weighing heavy.

[cowpip 10]

Been flat all day. No trades. The one signal I did see was iffy enough for me to stay out.

The other signals occurred while I was sleeping (figures).

[wasp 10]

Turned out nice again!

 

Whilst I am still fuming and yes, it turns around all the time and yes, except you aren't (near enough!) perfect, 4 consecutive losses is the worst run for a looooooong time and it hurt!

[cowpip 10]

Turned out nice again!

 

I can empathize completely, Wasp. Four losses in a row sucks big-time, and it may not happen to you often, but it does happen. And you were able to get right back on that horse and prove to yourself that you can make money, even in some of the worst market conditions out there. I tip my hat to you for that.

 

I've been whipped out twice today and may now be in for a third loss. Today hasn't been nice (during the US session, anyway). Crazy whippiness.

[wasp 10]

cheers cowpip but I would say, since that mess of mine, all that's happened since has been beautiful movement but what's great to one is hell to another... Sorry to hear its not being going great for you today

[cowpip 10]

Argh... I'm just not being patient enough, Wasp. I'm seeing the same entries as you, but for one reason or another, I haven't been pulling the trigger. And when I have, it's been too late. Silliness really. I know better. It's really a hinderance not to be able to monitor at night. I had a trade last night that was over 150 pips in profit, but by the time I woke up, every cent had been chewed up. It's a symptom of this market: Wild quick moves.

[wasp 10]

Yep, long too.......

 

I move/trail my stop only on the hour once over S/R....

[cowpip 10]

Ahhh yes!!! Very nice and big smile!

 

I know I should have held it to the very end (this is where I get weak), but I need the profits, so I bailed at +320.

 

That was a slam-dunk! Cool! Fully paid for my losses today and padded the 'ol account too.

[wasp 10]

Damn thing is trying hard to bust this high..... wish it would get on with it!

[wasp 10]

so close.....................

[wasp 10]

Not exactly the monumental move I was hoping for as we broke the highs!

[wasp 10]

They say patience is a virtue!

[wasp 10]

Can the 195.25 region break R and become S?

[smbtnt 10]

Great call on the breakout wasp...

You favoured a b/o as opposed to a reversal as we were making HH's and HL's i.e the move leading up to previous swing was clean...?

[wasp 10]

Great call on the breakout wasp...

You favoured a b/o as opposed to a reversal as we were making HH's and HL's i.e the move leading up to previous swing was clean...?

 

Thanks, I have actually been in from 191.96 (usual S/R and trend break style) but just managing and following price along route. I gave up on live calls last week as it was messing with my head.

 

One of the things I love about trading these days is it is so transparent its brilliant (and good for the ego! :rofl:) to see every step and understand what is going on. The 'breakout' and the higher highs, and the trend... its just great how it all makes sense...

[smbtnt 10]

Thanks, I have actually been in from 191.96 (usual S/R and trend break style) but just managing and following price along route. I gave up on live calls last week as it was messing with my head.

 

One of the things I love about trading these days is it is so transparent its brilliant (and good for the ego! :rofl:) to see every step and understand what is going on. The 'breakout' and the higher highs, and the trend... its just great how it all makes sense...

 

Yes, markets are easier to read when they are going up as opposed to going down, always the case....

Look how cleanly the futures ran up yesterday...

[wasp 10]

Yes, markets are easier to read when they are going up as opposed to going down, always the case....

Look how cleanly the futures ran up yesterday...

 

Its just stepped nicely between S and R and in tune with the trend. Its the fast reversals that can be a bitch!

 

See futures are doing it well today too...

[wasp 10]

stops in at 196.46 to lock in +450 now US is open and its been an interesting couple of days so far!

 

+1000 pips in one day... Now that don't happen too often!