Hey Buck, glad you are green:57:. Not so suspicious, just the typical low Vol summer trading. I was hitting shorts this morning in my personal account, and did well, this is the first time in about 3-4 years I have done any summer trading. The āIf I canāt get a read on the market I stay outā is a very wise concept, keeps one from taking losses when not necessary
Lazy, naaah, hungover yes hehehehe. Yessir bounceolicious. I am impressed with the action on the EUR today, Huge colon blow downwards, I clipped a bit off the move but I did not expect the follow through. Nice to see it all the same.
The Ever Watching VIPER
Bucks, thanks for the reply, trading from the hospital this week, Mrs Viper had surgery. Trading and trading banter gets my mind off of worrying believe it or not.
One of the few times those scoundrels ever did anything for me I totally underestimated the reaction, I really thought that it was priced into the market already.
I went short on Monday evening at 1.4491. Set my original TP at 1.4258, but might bottle it before then, given how sharp the selling has been. Didnāt expect it to move like this!
I opened 3 trades Sunday night. Short E/U, E/J, and E/CH
Just closed the E/U, and E/J.
The one Iām kicking myself over was shutting down the E/CH. I closed it after 6 hours or so of it just meandering. It started to look like a bit of a bull flag. I shoulda stuck to my gunsā¦
I know exactly what you mean - I had been waiting on EUR/CHF for a while, looking to short from a retracement to around 1.2400. I looked at Mondayās Daily bar, but decided that it was a little short for my liking, and Price had not retraced to where I had hoped, and I had other setups that looked nicer, so I stuck to my rules and didnāt take it. It would be a 5:1 or so trade by now, sigh!!
So I feel your pain, but as you say we never know. Wish we did, thoughā¦
Missed the big drop this morning. Dāoh. Iām long now from 1.4310. Seemed to be some decent bids before 1.43. Up a little but will be moving stop to b/e pretty quickly on this one as I thought weād get down to 1.4280 or thereabouts.
Yeah I took +21 on the first long and then took +20 after the drop to the Fibo. Shouldāve stuck in the 2nd one for longer. Meh, shaping up to be a middling week for me. Think Iāll stay out of E/U until tomorrow afternoon also.
Hi all Iām Chris, a newbie to this forumā¦wanted to share some ideas as well as cultivate some from this siteā¦Iāve Short EUR/USD since 1.4478ā¦thinking about holding on for a little longer and was wondering if anyone had ideas if we might enter 14200 area againā¦any ideas guys?