Account: XXXXXXX Name: Elijah Marks Currency: USD 2008 December 8,19:05
All transactions from today have been closed and of course I have ONLY went short I onyl provide this for those who may be interested, if you are not interest skip this post.
Still lots of uncertanity.
Easy to get to many to high as sthe shorts and their stop losses are being squeezed by blind bulls.
Looks like everybody now wants to join Santa’s ride. Shorts are ok, today 2 lots from 140.50 and ride down to 15MIN EMA at 138.20 brought me in a nice 320 pips
However she had waken up today early Guppy early bird, so I joined her with a full coffee mug and she went from 137.20 to 140.00 for another nice 280 pips. It’s bad that I’m greedy cause I’ve just opened another 2 long lots from 138.11, see what’s going to pan out of it.
I lean towards long side (short term), hedge funds are now started to close their positions, so they will be selling yens like crazy, they may also start to close recently opened positions (from 140.00), so therefore careful with the shorts.Mmm…I may wait to short from better levels, 140 seems to be all right but not very tempting. If the 4 hr candle closes above 4HRS 50EMA I would be watching the Santa’s ride.
DJ today closure above 9000 -that is my bet, who wants to join ?
Not sure how many pips I made today as there were many shorts which closed at a profit. I posted a partial list of them earlier which was cureent up to that point. I must be like you though close to 600 pips for the day.
But I will carry over 7 shorts if I cannot sqr them for PP and take the negative swap ARG! I hate negATIVE swap!
Good job Pakiestra!! I’m up a few pips myself, round about 400 or so in total At 3 lots. I said i was short biased, and i basically went long all day or at least till we hit 140, then 1 short down to 138, followed by longs from 137.30… haha
Still long, holding from 137.55, hoping we get back up to 140 area to go short again possibly. But as always trade what the charts tell ya!
I had to close those longs with 50pips loss as the PA didn’t show much of a progression I have closed that below 50EMA on 15MIN, so all in all total for yesterday was 550.
Price has penetrated the 50 Fibo on 4HRS downwards (not good for bulls), there is a chance that 61.8 will offer Guppy a leg (probably temporarily) Overall looks like a choppy chop. Price is under Gann on 4HRS, but then the last candle is now spinning and 5MIN closed above 50EMA and Gann. Can be a little pop up or a start of a new ride ??
I’m not getting into that boat, if she screams through 50EMA on 4 HRS than I may jump in. So far I have my margin used and exposure in other (longer term trades in Euro and Cable) so MM are telling me to stop other trades. Besides I can’t be long Guppy being short Cable which is getting ready to sink. Today I’m short Cable and Euro, see what happens. If Gupppy girl goes down I may get onto the bus south.
But she will be back down. Contrary to my thoughts of hwo she will act gUPPY SEEMS to be in a tight range, There is much uncertainty as Paki, said But normally I dont see a 1 hour range in london trading, guess I got bored and feel asleep. I would be ok if I have sqrd that last short but I think she will be back down I set a 75 pip TP on the 137.00 short asnd I will need to reasses guppy as she is confused or something or some bulls are holding her up somehow, Iwould like to see a retrace into 141, so I can sqr up some longs,
Depending on what carzy news may be going on this morning I may need to start scalping guppy both way of she is going to go from 136.25 to 138.25 all day, I am not seeing any breakpout anymore.
The fnny business I expected on Sunday night mon morn never occured so guppy hasnt moved to wode, Tight range all week so far I think. Time to grind some beans.
Tp is set at 75 pis to sqr up at 136.25 I will try not to set a TS on this one unless for sure it seems to be reversing. After this I only have longs left and no orders anywhere close to the current price.
it already closed for 10.9 pips as she may be making a rn back north hre.
I have no shorts left. ALL shorts closed for a profit. Added a long at 136.84
what the heck. TIme ot start buying in the dips and selling in the rallies even if the range is only 100 or so over the last serveral hours.
longs @ 136.00 136.01 136.25 136.36 Using various TS’s TS’s:
136.45 136.40 136.51 136.49
These TP or SL’s are set auto by the TS and ratchet up as price moves up. If she dips down they HIt and SQR up before a reversal they are ideal to protect profits even if they limit gains!Right there I have assured well over 100 pips.
I replaced long orders at 135.65 heading up to 136.00 I have about 5 orders to buy from the bottom to the top.
Other longs higher waiting to get into profit. pips profit from today and going back 30 days = 15,321 Approximately may be less due to +swap.
So many pips it is hard to keep track of and count.
SHorts set to sell at 139 139.50 and 140.00 Of course I will get short here and hope I can get filled and that she blows past this allowing me to sqr up higher longs for profit.
I went to bed last night I think the cat is trading my account!
I woke up to find the cat in my chair. I didnt have any shorts set to sell at 137.00. What gets me is how the cat could get short at exactly 137.00.
If the cats there are 8 cat, are trading while I take cat naps they must have learned well as I would not expect them to get the order in round numbers.
If it was one of their orders I guess I shouldnt have set a ts on it and sqr’d it up.
BUt looks like guppy is reversing up here anyways, double bottom at 136.45/50 on the 15M time for some coffee.
Today the chop is even worse, signals and MA are crossing each other every 5 minutes. I have a sound alert so my computer does sounds today like a cash register, the only difference is, everytime the till goes out there are no pips to put in. 1HR chart with up and down candles.
The PA wandering between EMA’s and pivot points like a drunk.
I got burn so standing at the lines, if anybody has the vaguest clue where is going please help.
From one side incomplete bail out plan to help CEOs keep flying their private jets while there are less and less amateurs willing to buy their products. On the other hand, hedge funds closing positions to show losses on their balance books. Santa is not coming this year, he sleeps drunk covered with an empty sack as he has been sacked from his job in investement bank.
I might be wrong and the big move is coming, this choppy range has to come to the end and move one way or the other.
Now auto makers and then who is next ?? Building companies ?? Piano producers ?? When is a time for UK and Europe ?? End of this year, beginning of a new ?? Probably next year I recon.
I have a feeling we are being shafted on a massive scale. Now the more they gonna talk that this is not the same as Great Depression the more likely the scenario will be similar - this is about the scale of the problem.
The talk the bottom has been established is another lie, we already retrace about 44% in DJ, golden fib retracement is looking like a done deal.
Where is this false optymism coming from ??
The problem just started coming out like a mold on the damp walls.
In appropriate for customers who don’t have time to trade their own account or want to add diversification to their investment portfolios.Start with low investment for start.And day trading currencies requires a lot less starting capital than day trading stocks. You can start with $250 or more.
[QUOTE=pakiestra;80245}if anybody has the vaguest clue where is going please help.
[/QUOTE]
Negative Al here: with a clue; "Which pole has penguins? (hint- it ain’t the North Pole)
On a “T an A” thing,D W and M all indicators are going south.
The D chart has 3<5<10 ema’s. Previous supp/resist line approx 139.The D 10 ema is down and @ 139 ( indicates good resistance.
My TPP (of a down trend continuation) is 128.
Yesterday’s PipCrawler post of E/US (“rangebound…risk aversion bias”)is a good read.
On the radio today, a comment was made about the S&P in a worst case scenario hitting 400 byu 2014 ( that was their projection).
One particular bank sheet that I peruse,suggests G/Y will hit 128 in early '09 (or before).
I was happy to read of your 500+ pips the other day and the successes of the other CONTRIBUTORS to this thread.Keep scalping and making $:cool:
Triple R: I seem to recall a post that you made about the Amero.
Interesting,because last week I received an email with a web page about it.( it was quite interesting and frightening at the same time).
Today, I get another email with a link to a CNN report ( Hal Dobbs?) that discusses the proposed “AMNESTY BILL”. There were many alarming points in this report; however, what stuck in my limited cranial capacity, was the proposal that there would be unrestricted (my interpretation) access between Can/US/Mex! borders. In my humble thought processes,this suggested a unified currency- the Amero?- ( based on the previous email that I had received).
I am not being facetious when I ask this question!( I have spent years studying FX and have a few USD in my account,finally).
What currency do you have your account in? If USD,what are you doing to to protect your profits?
Of course, all these rumours are unsubstantiated and we have nothing to be worried about, as our government would tell “We, the people” about radical directions that they are considering! HMMMMMMM, I am thinking that it may be time to re-read the Constitution to see if I have any rights.
cause I’ve just opened another 2 long lots from 138.11, see what’s going to pan out of it.
