I am in a panic mode and very frightened re: your posts today ( Sunday)!
You are shorting her… DO YOU RECALL YOUR POSTS A FEW WEEKS AGO, WHEN YOU ADVISED PEOPLE TO DO THE OPPOSITE OF WHAT YOU WERE DOING? !!!
You ,cdawg and Art were going long ( and making lots of pips ) and I WAS HAPPY FOR YOU GUYS ( because this is what I think this thread should be about-us little guys assisting us little guys to earn a living). I was shorting ( and just like you I was making pips). Now that I have looked at my charts this evening, for possible trades (they still say G/Y will go down) I read that you are going SHORT!
DO YOU KNOW WHAT THIS MEANS??? IT MEANS THAT THE g/y SHOULD RETRACE! :eek:
Read my next post.
quantitative easing? plus O% interest rates? Monday may give some retrace-BUT THE TREND IS DOWN.
You ,cdawg and Art were going long ( and making lots of pips ) and I WAS HAPPY FOR YOU GUYS ( because this is what I think this thread should be about-us little guys assisting us little guys to earn a living). I was shorting ( and just like you I was making pips). Now that I have looked at my charts this evening, for possible trades (they still say G/Y will go down) I read that you are going SHORT!
DO YOU KNOW WHAT THIS MEANS??? IT MEANS THAT THE g/y SHOULD RETRACE!
Read my next post.
First rule of trading, dont get married to your position!! I am leaning towards a heavy short bias, possibly down to 121:eek: I’m commited to it as of now, i held a couple of positions over the weekend, looking for 5-800+ pips down. The beauty of this pair is that basically were in a 1000 pip range till she breaks, so you can have some success going short or long, but when she breaks, it will be for 1000+ pips. I only like to trade in 1 direction and for the moment that is down but i’m ready to change that should the chart give me indication to. As of now, i’m only looking down, down, down… So if we retrace i’ll be adding more shorts
Set TS on that short. Locking in 9 pips. now for a cat nap. boring night I see I missed nothing.
I am adding shorts here 139.66
TS hit on 4 longs just now
I am still holding my shorts my shorts. I was ablt to unloand quite a few longs
I still have a loss leader in deep at 147.97 or something. I would still like to revist 142 to dump some more longs. If swap goes to nothing that will suck.
I set a TS on my one short and looking for a retrace UP here. But LT Still SHort.
It is not oo late to get short. Hold on to your shorts!
Thuis locking in 60 pips.
to go with the shorts starting and 138.00 and other shorts in place going down 20 pip all the way down into 137.00
139.00 139.50 and 140.00
I added a short at 138.25 I tried to get short at 138.50 but was rejected so I will wait til she hits 138.80 to add to shorts and will add shorts up to 140.00
@ 138.526 thatis already in profit. Get ready for the fall it will be a brutla session in NY today and there will be all sorts of whippsawwing going on.
Surprisingly there were no back room deals overnight as I expected.
But mostly when Guppy sleeps or stagnates.
I cannot tell you how many times I have fallen asleep in the bus with guppy driving only to wake up and find I only took a short cat nap and guppy has driven me 500 miles in th eopposite direction of the plan.
As Cdawg says you need to realize she can move 1000 pips in a day.
What you need to realize and what I have analyzed is that certain days even bring certain ranges. Normally the biggest day is Friday where guppy range is an average of 700 pips or so. This takes into account those 1000 pip days averaged with those 400 pip days.
Are warning of crazyness, and saying lay down and step away from the keyboard and sit on the sidelines. For me this is when it is most exciting and the most pips can be made.
If you heart is faint or you lack confidence by all means do not trade!
Rely on yoruself not me, feel your trades deep inside, use logic and reason eliminate your emotions about guppy if that results in poor trading performance.
And yes Al I was in a streak there where guppy was diliberately defying me.
Trouble is If I tell her what I expect of her (she reads my thread too!)
she does the opposite just to defy me!
I am going to let it run.
NOW she will turn down.
Keep in mind despite anything else the LT trend is still obviously down NO matter HOW you look at it. I am not adding any more longs for NOW or in the near future.
IF Obama gets in things MAY change but until that big IF happens I will not change my SHORT Bias, unless something else HUGE happens.
Sell in the rallies I Say! The rally is over now NY is open, get ready for some serious down here.
And by all means hold on to your shorts I am trying to!
But inside I am still a sclaper and if I can grab 25 pips and bank it I do as a matter of my natural inclination.
Also unrealized losses on my long loss leader up in the high 147’s doesn’t worry me one bit.
she may run up a little bit first… looking to get short 139.80 - 140.06
Holding a long from 138.29
and locked in 20 pips it hit sqrd up and banked just over 20 pips.
After that I rest the order to sell at 139.00 and obvuously she cant seem to get back there so Instead of sqring at 138.80 I should have held it as guppy has sank at least another 17 pips.
I hope you are understand the methods of my scalping, Now I have a TS dset on my 138.80 Short which is already 25 pips in profit.
If the TS hits I will reset my order to sell at 138.80.
This is sort of like a bump and run…like a football recievers pattern.
Now the SL set my the TS has locked in over35 pips and guppy is still falling
This is like the old strategy except in reverse
sqr’d up for almost 40 PP. I reset the order to get short at 138.80
Now I repeat for the 138.526 order. TS set 10 pips locked in now.
See how this works? And I bank pips all DAY! At least while I am sitting here watching GUPPY NOW!
But I do have a life outside of guppy and often guppy takes so much of my time, beating her on a regular basis is not easy but if you work at it you can establish and devlop your own methods. I hope you are able to learn from me.
Ive got some stuff to do today, guppy bores me sometimes when she does what I expect. Of course she pisses me off when she defies me.
So much like a woman!
Holding a long from 138.29
stopped out at +10, long again 138.17 - 50 pip sl
Note just looking for a quick scalp… retrace to the 5min 50ema??
stopped out at +10, long again 138.17 - 50 pip sl
Note just looking for a quick scalp… retrace to the 5min 50ema??
Haha kissed the 50EMS and came back down, closed for +52