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Schools out for[ex] summer....June edition

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Posted: #376
grabbed 50 pips on the gbp/usd shortalso closed the EU/gbp  long for about even made a pips on it 
 
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Posted: #377
Took 100 on the lb.yen short, glad I was off the key number because it never got to .50
 
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Posted: #378
idk wut happen but i made $300 so im almost back to even, so its alrite... buck wut do u mean if my pair is goin up n makin pips n i buy more lots of it, its goin against me... so i should short it to make more?
 
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Posted: #379
Well did you ever explain exactly what position you had?


 
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Posted: #380
well on 1 of them i was shorting it for 4lots n it went completely the other way so i longed it for 2lots n it said i lost lik 300... then on another 1 i longed it for 2 lots n it was up lik 15 pips so i bought another lot of it n then it changed my previous trade to the new amount 4 3lots n then i was only up lik 4pips
 
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Posted: #381
is there anyway to check ur old trades?
 
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Posted: #382
Quote Originally Posted by GamblrzAnonyms:

well on 1 of them i was shorting it for 4lots n it went completely the other way so i longed it for 2lots n it said i lost lik 300... then on another 1 i longed it for 2 lots n it was up lik 15 pips so i bought another lot of it n then it changed my previous trade to the new amount 4 3lots n then i was only up lik 4pips

 Gamble 

we add lots on a losing position to lower our price. if you were 15 pips on lots and add another lot  it raise your cost average and thats why it went from 15 pips up to only 4 pips. 
 
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Posted: #383
long gbp/yen 133.65  
 
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Posted: #384
i put a stop limit on the gbp/yen at break even 133.62 and 133.61  got 2 trades long. 
 
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Posted: #385
now all i need is the big boys to move usm positive today and this trade will be .  really dont like gbp's weakness last hour or so tho, i think im gonna be stopped out at breakeven 
 
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Posted: #386
Well the USM has been slowly drifting higher off the lows..

They have retraced over half the drop..why I have no idea.


 
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Posted: #387
me neither, my thinking was the durable goods orders weren't as bad as thought so being down over 100 pts seemed much but hell i think the market is over priced but have become accustomed to the insanity call the us stock market.  

ugg gbp's is weak even with the market off its lows its still not making much movement upwards.  iwouldnt mind closing 1 trade out near 134 if it gets there soon. 
 
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Posted: #388
aww hell i closed 1 trade out 133.849 
Ill let the last 1 run and see where it takes me. 
 
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Posted: #389
shoulda waited lol 
 
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Posted: #390
gotta love it when u sell and it goes up 20 pips within 3minutes. they must have been waiting for me lol 
 
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Posted: #391
I find it humorous how badly they are supporting the market.

Worst new housing starts in a decade, support the market

Unemployment not improving, support the market

FED saying the economy not improving, support the markets.

Talk about a ton of horse sh!t
 
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Posted: #392
closed out last 1 for + 40 pips, not bad 24 pips and 40 pips  damn i shoulda waited  coulda had 50, 55 aww fuck it 
 
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Posted: #393

Quote Originally Posted by GamblrzAnonyms:

idk wut happen but i made $300 so im almost back to even, so its alrite... buck wut do u mean if my pair is goin up n makin pips n i buy more lots of it, its goin against me... so i should short it to make more?

Sorry didnt take my laptop to work my brother was home today so he was keeping an eye on things for me...

Gamble if im down 100 pips in a position ill add more lots...if im selling and have two lots ill sell two more and instead of being down 100 pips on two lots im down 50 [or so] pips with four lots..its like adding shares of a stock at a lower price to lower your average..ill do the same if i bought two and get down 100...ill buy two more..thats why i start with only two lots,leaves me room to make another trade or average my way out of a trade if i have to...if youre in a sell and BUY a lot youre taking a loss on how many ever lots you BUY X the amount of pips..this is where you got your losses from

Im flat right now didnt get much from EU/LB but got out +++$$$...took 39 pips in GBP/$ looks like it missed me by only a few pips [less than 5]then he just said F it and bailed...

 
Captain
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Posted: #394
Long CHF here 1.10156...oversold from the 1hr up through the daily...im sure itll drop another 50+ pips now that im in but thats how it goes...although she jumped up real quick just after i entered so maybe ill have a quick one
 
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Posted: #395
i have the feeling that gbp/jpy will fall through the 133.50 area in the coming hours. it has tested that area on 2 different occasions today. i actually surprised it held up at the close of usm. correction it tested it 3 times today. hmmm gonna look this chart over 
 
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Posted: #396
short GBP/jpy 133.80 
 
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Posted: #397

I was wrong about EU/LB turns out i took a small loss,i thought he told me we got out just above our entry was just below..CHF charts are giving me mixed signals from platform to platform but im gonna stick it out anyway...Daily chart is very SEXY on MT4.....not as good as it was for a sell 600 pips ago but its looking good...RSI is 32 and the +DI is 3.7 ADX 55.7

Wall,Pap anybody reading care to look at this chart and share your thoughts???

 
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Posted: #398
Im also long $/JPY at 8955...never took the order down and it filled so she has a limit set at 50..CHF looking for more but i think i have tomorrow off so ill be around to kkep an eye on things
 
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Posted: #399
o alrite so thats y i lost so much, i get it now thanks
 
 
Captain
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Posted: #400

When you get down in a trade its best to wait or find the support/resis or Fibonacci levels and use those to add to positions...dont start with a ton of lots and leave yourself wiggle room..

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