Imagine being 32 pips in the positive, deciding to take a shower, then coming back to find your account raped on what was until then a pretty decent little scalp. Friggin FOMC
these lessons are getting expensive.
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FOMC blew up my account,
-150 pips x 2 mini lots, nzd/usd yesterday./
most expensive shower I have ever taken,
Imagine being 32 pips in the positive, deciding to take a shower, then coming back to find your account raped on what was until then a pretty decent little scalp. Friggin FOMC
Looks like the DMI lines are going to cross sending EUR/GBP even lower....got close to me this afternoon showing 8984 for the low.... i wish i woulda added just even one more lot at the high point but ill wait....its coming to me
I like alot of pairs charts....i think AUD goes lower.....JPY higher...EUR lower maybe back to 1.4620s....gonna watch for a few hrs and see what happens....
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Sorry to hear that Rick...youll get it back
Looks like the DMI lines are going to cross sending EUR/GBP even lower....got close to me this afternoon showing 8984 for the low.... i wish i woulda added just even one more lot at the high point but ill wait....its coming to me
I like alot of pairs charts....i think AUD goes lower.....JPY higher...EUR lower maybe back to 1.4620s....gonna watch for a few hrs and see what happens....
looking for dollar to continue to strengthen! i have three pair going right now all based on dollar strength so hopefully it keeps up. got in a little too early/late on some, but i think itll be good. the EURUSD is about 40pips in profit right now so im moving SL to zero. this is one thing i do a lot now is when i get almost to my limit, i will move the stoploss to zero. ill usually sell half or a portion of my position to guarantee profit. been working well for me
rick, i've had that happen before..(and yes it was while i was taking a shower!). get her back!
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hey guys...whats up
looking for dollar to continue to strengthen! i have three pair going right now all based on dollar strength so hopefully it keeps up. got in a little too early/late on some, but i think itll be good. the EURUSD is about 40pips in profit right now so im moving SL to zero. this is one thing i do a lot now is when i get almost to my limit, i will move the stoploss to zero. ill usually sell half or a portion of my position to guarantee profit. been working well for me
rick, i've had that happen before..(and yes it was while i was taking a shower!). get her back!
better than expected home sales cause my USD longs to reverse (just missing my limit on a couple) and stop me out at breakeven. Uggh i hate leaving money on the table like that, but i guess i didnt lose any in them.
probably done for the week.. don't want to get into anything here on crazy fridays where either these currencies go crazy or do nothing at all. try not to hold anything over the weekend either, if i dont have too!
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better than expected home sales cause my USD longs to reverse (just missing my limit on a couple) and stop me out at breakeven. Uggh i hate leaving money on the table like that, but i guess i didnt lose any in them.
probably done for the week.. don't want to get into anything here on crazy fridays where either these currencies go crazy or do nothing at all. try not to hold anything over the weekend either, if i dont have too!
gbp definitely got hammered all week, while yen and usd strengthened. saw on my forex.com software last night that there was an abandoned baby tech pattern on the dollar index which they say is a strong reversal signal indicating a higher usd coming. who knows though
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gbp definitely got hammered all week, while yen and usd strengthened. saw on my forex.com software last night that there was an abandoned baby tech pattern on the dollar index which they say is a strong reversal signal indicating a higher usd coming. who knows though
i think soem strong tech patterns in teh currencies can either show you or confirm what the markets are doing/will do. what i mean is i think tech patterns usually end up agreeing with the fundamentals and the markets.
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very strong correlation for sure...
i think soem strong tech patterns in teh currencies can either show you or confirm what the markets are doing/will do. what i mean is i think tech patterns usually end up agreeing with the fundamentals and the markets.
Looks like Bloomberg was actually not too far off on that USD/JPY call about 3 months ago .
I wonder though..what is making the Yen turn into a monster? It has been on a HUGE tear versus other currencies like the LB and the AU, against everything?
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Quote Originally Posted by rick3117:
Hey wall,
Looks like Bloomberg was actually not too far off on that USD/JPY call about 3 months ago .
I wonder though..what is making the Yen turn into a monster? It has been on a HUGE tear versus other currencies like the LB and the AU, against everything?
I forget things, but didnt an election happen recently and the winning party is AGAINST keeping rates low and against depressing the Yen as a means of stimulation?
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I forget things, but didnt an election happen recently and the winning party is AGAINST keeping rates low and against depressing the Yen as a means of stimulation?
Whats up guys....pretty busy end of the week for me here...im out of EUR/GBP for a loss of about $3600...once it crossed again on the 1hr and 2hr charts i knew i was in trouble....sad thing is if i had waited another 20-30 mins to avg a few days back i woulda been out with profit...it had a low of 8984 and i was at 8978...
I did make a few trades with Cory...EUR/USD came down just below the spot i called out...i was looking for 1.4650s and we saw 1.4630s...although we were down 60 pips b4 it turned around for us...also got in CHF i told Cory at 1.0250 it shoots up here or implodes...still managed to be plus $$$ for the week
See ya Sunday.....BTW...Bears play Seattle and i read today they will face Seneca Wallace[this may have been out there a few days i just havent been around]....free money...havent checked the line but i got -1.5 a few days ago....FREE MONEY
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Whats up guys....pretty busy end of the week for me here...im out of EUR/GBP for a loss of about $3600...once it crossed again on the 1hr and 2hr charts i knew i was in trouble....sad thing is if i had waited another 20-30 mins to avg a few days back i woulda been out with profit...it had a low of 8984 and i was at 8978...
I did make a few trades with Cory...EUR/USD came down just below the spot i called out...i was looking for 1.4650s and we saw 1.4630s...although we were down 60 pips b4 it turned around for us...also got in CHF i told Cory at 1.0250 it shoots up here or implodes...still managed to be plus $$$ for the week
See ya Sunday.....BTW...Bears play Seattle and i read today they will face Seneca Wallace[this may have been out there a few days i just havent been around]....free money...havent checked the line but i got -1.5 a few days ago....FREE MONEY
sold eur/usd... out with half for 50 pips, but the strangest thing happened, and it couldnt fill my order right away so my 45 pip limit got filled at 50 pips?
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sold eur/usd... out with half for 50 pips, but the strangest thing happened, and it couldnt fill my order right away so my 45 pip limit got filled at 50 pips?
"A good deal of the reason the Japanese Yen is currently at eight month high is due to the fact that the fiscal year is close to an end exporters are repatriating their yen in order to show profits on their books"
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from forex insider:
"A good deal of the reason the Japanese Yen is currently at eight month high is due to the fact that the fiscal year is close to an end exporters are repatriating their yen in order to show profits on their books"
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