Live FX Trades

[wasp 10]

Its the damn credit crunch that's done it. That and summer. Look at the dailies for the first half of the year and the average daily candle was in the region of 150. For the last month its been about 50 :\

[wasp 10]

Out for -50

 

Long @ 212.45

 

If this market doesn't start picking up I will be taking a break again. This isn't worth getting out of bed for.

 

moved my stop to B/E as I am very dubious and sceptical right now!

 

EDIT: closed for +49 as technically, I should!

 

Short 212.95

 

I know this is going to keep going up but have to stick with the plan and reverse on the next candle if need be.

[cowpip 10]

I'm holding for just a bit longer... yes, it never closed about that last resistance band, but I'd like to wait just a tad longer to see if there's any follow-through.

 

My stop is at b/e.

[cowpip 10]

Alright... last attempt here... closed for -14 and long from 212.25 again. Let's ignore the short-term drivel.

 

That last hourly candle still failed to close above the resistance band, so I closed at +60 and have reversed short at 212.85.

[cowpip 10]

And I'm out for -50...

 

You were right, Wasp. That 4-hour suggested further strength. Tricked again... I thought waiting one hour would make a difference. But it didn't.

 

Lol... such is life. Time to reload.

 

PS: So far, not so good on this strat. But I'm not abandoning it yet. Bad luck happens.

[wasp 10]

Yep, thought it would continue but I would miss many other good trades had I not stuck to it so c'est la vie till the next candle.............

[wasp 10]

moved my stop to B/E as I am very dubious and sceptical right now!

 

EDIT: closed for +49 as technically, I should!

 

Short 212.95

 

I know this is going to keep going up but have to stick with the plan and reverse on the next candle if need be.

 

Stopped out for -60

 

Short 213.50

[cowpip 10]

Short GJ 212.51...

 

EDIT: You beat me to the punch, Wasp! Jeez you're fast. I mean't 213.51.

 

PS: Just so everyone knows, I am NOT copying Wasp's trades. I'm making these decisions on my own. I never saw his post before I executed the trade.

[wasp 10]

Short GJ 212.51...

 

EDIT: You beat me to the punch, Wasp! Jeez you're fast. I mean't 213.51.

 

PS: Just so everyone knows, I am NOT copying Wasp's trades. I'm making these decisions on my own. I never saw his post before I executed the trade.

 

Yeah, yeah! :rofl:

 

It's alright, firewalker does it all the time!

[cowpip 10]

Yeah, yeah! :rofl:

 

It's alright, firewalker does it all the time!

 

Heh heh... one of these days, I'll get a post up before you... unless you have super "moderator powers"...!:pc guru:

[wasp 10]

Heh heh... one of these days, I'll get a post up before you... unless you have super "moderator powers"...!:pc guru:

 

Nah, I just have my laptop glued to me during the week so on it quick smart!

[pipMonster 10]

No one has gone short @ 213.39??

[cowpip 10]

No one has gone short @ 213.39??

 

Hey there Jack... Howdie doodie... Wasp and I are the only one's posting live trades here (that I'm aware of), and we both shorted from 213.50. I'm holding mine... I'm assuming Wasp has as well. He usually posts if he reverses. I'm posting at the same time I do things as well.

 

If you feel inclined, post away. Discussions of these trades are here:

http://www.traderslaboratory.com/forums/showthread.php?t=3846&goto=newpost

[wasp 10]

Stopped out for -60

 

Short 213.50

 

 

Mornin' all,

 

Took it at 213.06 for +44.

 

I actually reversed and went long at 213.10 but I was half asleep and couldn't be arsed to post, sorry! Taken that for +20

 

Now short at 213.42

[cowpip 10]

Mornin' all,

 

Took it at 213.06 for +44.

 

I actually reversed and went long at 213.10 but I was half asleep and couldn't be arsed to post, sorry! Taken that for +20

 

Now short at 213.42

 

Jeez dude... you sure do know how to milk it for all it's worth! Good job!

[wasp 10]

Jeez dude... you sure do know how to milk it for all it's worth! Good job!

 

240m S and R is paramount and true!

[wasp 10]

Mornin' all,

 

Took it at 213.06 for +44.

 

I actually reversed and went long at 213.10 but I was half asleep and couldn't be arsed to post, sorry! Taken that for +20

 

Now short at 213.42

 

Out at 213 for +42

 

Long at 212.98

[cowpip 10]

Short GJ 212.51...

 

EDIT: You beat me to the punch, Wasp! Jeez you're fast. I mean't 213.51.

 

PS: Just so everyone knows, I am NOT copying Wasp's trades. I'm making these decisions on my own. I never saw his post before I executed the trade.

 

Moved stop to b/e. Price on the 4-hour closed below my S/R line at 96. I'm looking for a test of the 20/30 zone before going long.

[cowpip 10]

Out at 213 for +42

 

Long at 212.98

 

Alright Wasp... now I'm wondering why?... Didn't your 4-hour candle close below your support line? Where is your support line? I have mine marked at 212.96.

[wasp 10]

Alright Wasp... now I'm wondering why?... Didn't your 4-hour candle close below your support line? Where is your support line? I have mine marked at 212.96.

 

Be ready to adapt and update at any given time.... 212.85 is now an important level/price and thus a new line is drawn!

[cowpip 10]

Moved stop to b/e. Price on the 4-hour closed below my S/R line at 96. I'm looking for a test of the 20/30 zone before going long.

 

Price isn't busting back through this support line, so I'm closing for +53 and going long at 212.97.

 

YEAH YEAH... I know... now no one believes that I'm not copying Wasp.

[wasp 10]

For once, I am unsure and cconfused!

 

50/50 at the moment and whilst I am unsure, I am staying long for now!!

[cowpip 10]

For once, I am unsure and cconfused!

 

50/50 at the moment and whilst I am unsure, I am staying long for now!!

 

Wouldn't you know it... No sooner did I post that and price broke support. Jeez I hate that! I'll wait and see how this 30 min bar closes - maybe even the next hourly bar before making a choice.

[cowpip 10]

Wasp... look at cable. It has also tested a major support zone and is testing resistance now. If it busts resistance, I figure long on GJ may be wise. If not...

 

EDIT: Cable is also fairly oversold.

[wasp 10]

Hmmmm, guess that level wasn't as important after all!!!