I don't know what sent her into a tailspin. That news at 10am was as expected basically. I am only up like 193 pips banked 6700 down unrealized
so things are looking bleek at 27% margin useage. I got way too many,
I am still holding 36 longs, some are 5 pips apart wherer I thought we were bottoming. I have scalped a bunch but not nearly enough as I can't get too crazy as I am over 25% margin. I think we will be able to get through this.
I expect price to rise going into tomrrows interest rate statement, by then we should be another 100 pips up so all will be well. In the mean time
I am holding what I got and maybe scalping one here and there since I sold my last scalp for some pips. I am buying 3 more longs 1 at 205.02
1 at 203.69 1 at 203.59
Quote:
Originally Posted by pipsquito
Glad to see you on rrram2. I was beginning to wonder if all this was a dream. I am in very high...207.89. And am pretty maxed out. Couldn't survive a dip to 198 but am counting on that not happening. I do think 203.50 is support...although 203.30 seems more like it, but we haven't hit that yet.
I have been grabbing pips as much as I can.
Do you think we will go further or are we headed back up after testing 203.50? I am worried about NFP now being this low.
You say that it is best to keep the buy limit orders spaced a bit of a distance near the top. I went down 10 pips, every 10 pips, from 207.89. I got the impression that was what you did as well. I am wondering if it would have been best when at a high like that to place trades further apart. At least this is what I am getting from your recent posts. Is that true?
I know going all the way back up to 208 is questionable...although you say you think 210 is in the offing. Before 198 at least...hope so!!
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