I wet my feet for the week with a long euro/us @ 1.4969 and a short usd/cad @ 1.0660. Im betting we get an oil bounce on Georgia/Russian events, and a short term top gets put in the $. I wont be greedy either way and have no more than 2.5% in each one. I know fighting a trend is asking for trouble here but my gut is telling me otherwise.:o
I just got my account up 5 or 7 some odd dollars up this sunday/monday…
The thing is I’m not sure of the trade and even though I did ok it dosn’t mean I should be trading, the few that I took I knew were risky (but was figuring i would be ok) but in hindsight, with the market starting this new week in a countertrend – I’m not really sure!
Really intrested to see what happens tomorrow! I’m just not sure if the recent trend is gona hold or not, and thats somthing I’ld like to know
Maybe you will be right, I hope you are more pips too ya good luck
Gut trading may win once in a while but it will wipe you out in the long run. Gut trading to me is gambling. I try not to gamble unless im in Vegas and in a poker room.
Yes Simey, its going to be interesting. I re upped the account with a couple sheckels. Actually decided to put in less than I thought I would. Just trading single micro lots for now. No more than 2.5%. I can lose a lot of trades and just have to be right once!
Is that your dog? Hes pretty cool. I love dogs, even though they dont understand what Im mumbling about half the time.
Congrats on the win. What pair or pairs are you looking at?
I respect that Pablopluto. Im just trying to gauge fundamentals here more than technical analysis because the charts havent been telling the whole story lately IMO. I will be out of both of these trades if gold starts selling off at the 8:30 open. It seems like this is the time frame that has been most volatile during the day.
Are you looking at anything for next week?
That was Tosha, she just got put down yesterday She was 13 years old, bad arthritus in her back leggs, she hid it but both me and my dad could tell… I was just dog sitting her for awhile…
I’ve been liking the AUD/USD for sunday/monday trades but this week the intrest has been whooping me, taking 5-6 cents a trade hurts when I’m only making $1 and $2.5 max wins… so far no losses this morning/night but I did decide to stop (Then start then stop, lol) I also traded the GBP/USD both of those were more or less scalpes though, just somthing to do right now because I figured out that I would make it… I did, but like I said – not a great time for me to trade my system so, reguardless of the timeframe (was scalpes because the lowertime frame is my best bet right now )
Im real sorry to hear about your pup. I went thru that with a good friends dog this year, put me in a mood for weeks. They just get old like people and eventually everyone has to go. God bless mans best friends.
I handle death very well, the pup before her Butch was a half rot, half dobie… I was like 15 or so and it was my decision to put him down, he was in alot of pain but just like Tosha, hid it very welll… Except he wouldnt eat unless he was laying next to the food bowel… Its my dad that has such a hard time, he dosnt deal with it very well and in a year hes lost my mother to cancer and me and my sister because its hard to live with him when hes depressed and drinking… so to add insult to injury moms favorite puppy – who thought she was a person… had to be put down too…
I’m not indeffrent but Its hard to tell that its had an impact on me… if that makes any sense?
Beets I understand the wanting to do fundamental trading. Thats off news reports, indicators. A gut feeling isnt the way to do it. In my opinion. I dont read the news i just let charts tell me the way to move. I only scalp GBP/USD and the EUR/USD. I dont see it going up past 1.5050 until tuesday. I’m sure alot of people are out of the game because fundamentals to a sharp turn. I only see the dollar get weaker at 2PM PST.
They are together now watching you in the Ham Shack!
Euro just popped 10 pips for no reason. Must be a sign.
Maybe sundays are unpredictable I hope it keeps going up for your sake anyway
Don’t have a ham shack anymore, and I don’t subscribe to the religious theory of an afterlife… I’m a tough case to crack sometimes…
Thats not that unlike the EUR/USD though… its on the brink of going eigther direction… AFAIK
Whats going on at 2pm PST Pluto?
Simey, I was just kidding about the Ham Shack, just never heard that expression before and I like new expressions.
As for the afterlife, well I dont believe it the way its taught in the media. To me its more like a cosmic space mission.
i just looked at my charts 20 pip drop must be a sign your headed the wrong way LOL
Its just when I see the EUR?USD go up I dont know if its because NY shut down or what it does that.
A ham shack is a place where an amature radio operator/ham operator’s equipment is… generally it is a room or a shack in my cause I’m strickly mobile, however I pawnd my radio (may get it out next week if the markets are good to me, but still may not – not sure)
google ARRL, or ham radio operator, or amature radio operator…
Thats why I scalp after 5 pips it becomes my new T/P after 10 it becomes my new T/P take those pips while you can
Yeah, just dropped right back. I dont like how its acting.
Dont trade Sunday at all it doesnt matter what charts you have it doent follow a pattern/trend.
i say short it for say 5 pips. At 2pm(PST) go long on it for 10 pips. Thats the behavior i see with this pair.