Forums - Well, I gotta go

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Posted by oldtime on 04-29-12 10:05 PM:

Well, I gotta go

it's Sunday 17:00 est and for me forex is opening for the week. I'm trading USD, first time for me to trade it exclusively. Everybody gripes about it, but it has been trending really hard on the one hour charts which is about the time frame that suits a small trader like me.

I'll let you know how it goes.

Posted by SteveNYC on 04-29-12 10:37 PM:

Re: Well, I gotta go

Quote from oldtime:

it's Sunday 17:00 est and for me forex is opening for the week. I'm trading USD, first time for me to trade it exclusively. Everybody gripes about it, but it has been trending really hard on the one hour charts which is about the time frame that suits a small trader like me.

I'll let you know how it goes.

Good luck. I gotta feeling that tonight's gonna be a good night. That tonight is going to be a good good night.

Posted by keeptradin' on 04-29-12 10:54 PM:

Re: Well, I gotta go

Quote from oldtime:

it's Sunday 17:00 est and for me forex is opening for the week. I'm trading USD, first time for me to trade it exclusively. Everybody gripes about it, but it has been trending really hard on the one hour charts which is about the time frame that suits a small trader like me.

I'll let you know how it goes.

Keep us posted, be sure to make a big pot of coffee/tea/whatever to keep on your toes.

__________________
Work is for people who don't know how to trade!

Posted by rajaalifx on 04-29-12 11:05 PM:

im staying on the fence this week till friday 8:27am EST. Then im gonna short euro if its above 1.31-1.3080 area. I think this week euro will just hang around the 1.3170 to 1.3360 range till NFP. Then its gonna do big moves.

Posted by flipside21 on 04-29-12 11:47 PM:

Re: Re: Well, I gotta go

Quote from SteveNYC:

Good luck. I gotta feeling that tonight's gonna be a good night. That tonight is going to be a good good night.

http://www.youtube.com/watch?v=uSD4vsh1zDA

Posted by oldtime on 05-06-12 10:01 PM:

well, I gotta go, forex opens here at 17:15 est, just a few minutes away.

That USD is pretty boring so far.

I was trading AUD.USD and AUD.JPY then I switched to USD

now the only thing I made money on was the AUD.USD and I'm still short

Got stopped out of the USD.JPY trying to buy some more at a better price.

I'm still short some EUR.USD

so basically I am just long the dollar.

Bought a little gold on friday

CYA

Posted by oldtime on 05-13-12 10:06 PM:

well, I gotta go, forex starts in 15 minutes. Man, that long USD worked out pretty well, especially against AUD.

Don't have a clue this week.

Usually the chop follows the trend.

My rule of thumb is any good trader should expect to give up 30% of the move.

So here's to ya all of those that were short. Stay with it and it's my gift to you.

70 for me, 30 for you, I can go for that.

Not sure how I will play it this week. Dollar neutral sounds like an account preserving strategy.

I made my money, now I just want to hold on to it.

I'll let you young kids figure out how to make it.

Posted by total_keops on 05-13-12 10:14 PM:

Dont forget to look at the negative carry on a short AUDUSD.

Posted by oldtime on 05-13-12 10:28 PM:

Quote from total_keops:

Dont forget to look at the negative carry on a short AUDUSD.

no kidding!

Posted by oldtime on 05-13-12 10:55 PM:

Quote from total_keops:

Dont forget to look at the negative carry on a short AUDUSD.

I was trading AUD exclusively from the long side for about two or three months. It was great while it was moving up, especially against EUR. But now on the way down I have to deal with the chop and the carry.

I've been trading forex almost a year now, but I don't get the carry and how to compute it or even for that matter what it is.

I know at about 10 pm est when they don't cut rates AUD goes sky high.

I have a lot to learn.

Posted by oldtime on 05-27-12 08:57 PM:

well, I gotta go pretty soon. Still haven't learned how to intrepret things when USD is closed and everybody else is open. Things have improved once I switched from market orders to limit orders.

I've got my limit orders in. If you're stupid enough to hit them I'll gladly take the other side, especially on a night when things may not be as they seem.

Posted by oldtime on 06-17-12 05:22 PM:

For those of us that hold over the weekend, the opening gap is always kind of a crap shoot

The way I see it, half the time it goes in my favor and half the time it goes against me

but if I get flat 100% of the time I pay the spread

gotta go see dad today, it may be his last Fathers Day

but I'll bring the laptop to see if this gap is all it's cracked up to be

Posted by heypa on 06-17-12 06:08 PM:

About your dad. Been there.Loss hurts and time helps heal.
Life is a journey with a known destination.Make sure the journey makes the destination worth it.For the most part you will regret things not done more than things done. Ain't hindsight grand.

Posted by the1 on 06-17-12 06:28 PM:

Re: Well, I gotta go

OT, I don't trade currencies much but when I do it's typically the USD. I've found this instrument behaves more rationally than the others and doesn't tend to give you, "where the f... did that come from." It behaves more like the futures market or even somewhat like the stock market. Good luck with it!

Quote from oldtime:

it's Sunday 17:00 est and for me forex is opening for the week. I'm trading USD, first time for me to trade it exclusively. Everybody gripes about it, but it has been trending really hard on the one hour charts which is about the time frame that suits a small trader like me.

I'll let you know how it goes.

Posted by vlpaul on 06-17-12 09:48 PM:

Re: Re: Well, I gotta go

Quote from SteveNYC:

Good luck. I gotta feeling that tonight's gonna be a good night. That tonight is going to be a good good night.

lol

Posted by RCG Trader on 06-18-12 01:10 PM:

Quote from oldtime:

I've been trading forex almost a year now, but I don't get the carry and how to compute it or even for that matter what it is.

The carry is the interest you pay when you are short the Aussie. You pay a little bit each day you carry that trade. Cost of doing business.

Posted by oldtime on 06-24-12 08:43 PM:

well I gotta go

hard to imagine anything going worse than it went last week. Most of the time everything I had on showed me a loss.

The pathetic thing is, if it had gone the other way I would have taken my profits and gotten flat and be looking for a new opportunity this week.

But I am hanging on to my losses.

That's probably why most traders lose.

I need everything that was going down to start going up

And everything that was going up to start going down

Is that too much to ask?

Posted by tradin4profits on 06-24-12 09:28 PM:

Quote from oldtime:

well I gotta go

hard to imagine anything going worse than it went last week. Most of the time everything I had on showed me a loss.

The pathetic thing is, if it had gone the other way I would have taken my profits and gotten flat and be looking for a new opportunity this week.

But I am hanging on to my losses.

That's probably why most traders lose.

I need everything that was going down to start going up

And everything that was going up to start going down

Is that too much to ask?

Gee, how could that be with an expert like you? 3000 posts of your expertise in 1 year I would have thought you knew what you were doiing.

Posted by oldtime on 06-24-12 10:52 PM:

Quote from tradin4profits:

Gee, how could that be with an expert like you? 3000 posts of your expertise in 1 year I would have thought you knew what you were doiing.

I like to talk, especially about trading, I am very lonely and very rarely talk to anybody but the lady at the c store where I buy my cigarettes, and then all I shyly say is "thank you".

got a little bit of a break this gap, but I need more

looks like no trades until after midnight

but thank you for your concern

CYA next weekend

like the man said

well, I gotta go

Posted by oldtime on 07-01-12 10:38 PM:

whew! got to drinking that good old Kentucky Whisky and slept right thru the open

pretty quiet gap this sunday

my salvation came thurs night thanks to merkle

but I'm still short AUD/USD

that pair is gonna be the death of me

if I ever get out of it alive, I will never be scared to go long AUD again

well, nice talkin to ya, I gotta go

Posted by oldtime on 07-02-12 02:28 AM:

at anyrate, I shorted some more at 261, not sure if my limit got hit or it traded through, trade log shows a fill at 17:15:02

we'll see if that holds

AUD is going to depreciate against the dollar, right?

I mean, that's what everybody says.

Everytime I get filled on my short AUD/USD I short a little more USD/CAD, just to cover my ass

Posted by Tsing Tao on 07-02-12 02:52 PM:

Quote from oldtime:

whew! got to drinking that good old Kentucky Whisky and slept right thru the open

pretty quiet gap this sunday

my salvation came thurs night thanks to merkle

but I'm still short AUD/USD

that pair is gonna be the death of me

if I ever get out of it alive, I will never be scared to go long AUD again

well, nice talkin to ya, I gotta go

I short the AUD frequently. I never get worried about it, because I do small positions, at major resistance lines.

Posted by oldtime on 07-02-12 02:57 PM:

Quote from Tsing Tao:

I short the AUD frequently. I never get worried about it, because I do small positions, at major resistance lines.

we'll see if that 261 holds, unfortunately now it is my largest position and biggest loser

where's the next resistance?

I'm trying to cover some of it at 160

Posted by oldtime on 07-03-12 01:12 AM:

I'm flat, finally, at an all time new high. Covered the AUD at 232, now I'm going to take a shower and go to the store and feel what it feels like to be happy, and stay that way maybe until jobs Friday.

Posted by oldtime on 07-03-12 11:42 PM:

Quote from shopster jr.:

so you just follow the herd into the slaughter house.........?

got out of that one alive, covered at 232, ashamed to say how much I lost altogether on just that one pair, but everything else I had on more than made up for it, but yes and no, I was the following forex herd, now I see they are no better than the stock herd, so from now on I am just a lone cow, looking for some grass, waiting for my udder to dry up so I never get milked again

(you wouldn't happen to know where I can find some good grass, would you?)

Posted by SimpleTrades on 07-04-12 12:14 AM:

Quote from oldtime:
(you wouldn't happen to know where I can find some good grass, would you?)

Sure, but you'll be waiting till the cows come home.

Posted by oldtime on 07-04-12 02:02 PM:

Quote from Tsing Tao:

I short the AUD frequently. I never get worried about it, because I do small positions, at major resistance lines.

well Tsing, I'm short AUD again, this time at 282, do you think that might be resistance?

The thing that worries me is, I'm also short some CAD at 126.

I usually like to keep those two split up, one long and one short, but the opportunity just didn't present itself and I didn't want to wait it out.

Courage, Patience and Flexibility

If I get screwed on this one it is definately due to lack of patience.

But I should get a point for being flexible enough to go short CAD and AUD at the same time.

Courage? Just another word for ignorance.

Posted by oldtime on 07-04-12 11:04 PM:

well, this is just a bunch of shit. AUD and CAD are moving almost penny to penny together. Good for me now since I am short both of them, but there will be hell to pay when they both turn.

Posted by oldtime on 07-04-12 11:14 PM:

Quote from oldtime:

well, this is just a bunch of shit. AUD and CAD are moving almost penny to penny together. Good for me now since I am short both of them, but there will be hell to pay when they both turn.

yeah, you think that Martingale is so easy. I just want to get out of this one close to even. I told you I wanted to stay flat and not put anything on until jobs Friday.

Inpatience, the need for action, that will be the death of me.

Can't make up in a few trades for all the bad decisions I have made over a lifetime.

that's the last time I'll ever put those two on together on the same side

Just like the godfather who always kept Cantessa and Tessio separate (too bad about Tessie, especially since he was so kind to bring the birthday cake.)

Posted by oldtime on 07-05-12 01:37 AM:

well, I gotta go. That's the last time I will ever think USA is some kind of big deal. Man, they just rolled right over me.

Fourth of July aint shit compared to Saturday and Sunday when Europe (the number one economy) and China (the number third econony) take the day off.

CYA, I'll talk to you Sunday when the real world opens up again.

Until then, I'm just going to pretend it's another normal night.

otherwise, they are shooting off fireworks tonight (in spite of how dry it is) and that is kind of oldtime. And you know how I love oldtime.

Posted by ocean5 on 07-05-12 01:41 AM:

''Everybody can change!''

Rocky IV

Posted by oldtime on 07-05-12 01:45 AM:

Quote from ocean5:

''Everybody can change!''

Rocky IV

yes, I hope you do. Gotta go, I'll deal with the likes of you next week after forex opens.

Posted by oldtime on 07-08-12 09:58 PM:

impatiece, that is the sin I am paying for, like a common Las Vegas gambler I got bored over the fourth of July and needed action

long CHF, with no other plan than to pray and hope it goes up

I never was that mighty in the first place

but oh how the mighty have fallen

Posted by oldtime on 07-08-12 10:25 PM:

I am now officially in a drawdown (30% or greater below the recent new account high)

and unless you consider this a post

I never post when I am in a drawdown

CYA next week

(I did get a little help from some short AUD/USD)

Posted by RCG Trader on 07-12-12 09:14 AM:

Quote from oldtime:

I am now officially in a drawdown (30% or greater below the recent new account high)

and unless you consider this a post

I never post when I am in a drawdown

CYA next week

(I did get a little help from some short AUD/USD)

Nice move tonight oldtime, how much of it did you get? How about you Tsing?

Posted by oldtime on 07-12-12 12:33 PM:

Quote from RCG Trader:

Nice move tonight oldtime, how much of it did you get? How about you Tsing?

i'm long now, but no longer in a drawdown

Posted by Tsing Tao on 07-12-12 12:44 PM:

Quote from RCG Trader:

Nice move tonight oldtime, how much of it did you get? How about you Tsing?

How about me what?

Posted by RCG Trader on 07-12-12 03:43 PM:

Quote from Tsing Tao:

How about me what?

Did you catch the downdraft last noc? You suggested that you were net long the dollar. Should have been a good night.

Posted by oldtime on 07-16-12 01:14 AM:

pretty quiet gap this Sunday.

I have 4 pairs on

2 short USD and 2 long USD

at the moment all 4 are showing me a profit for the night

that is unusual

hard to read that dollar

I don't want to get too long or too short

not much to look forward to this week, maybe Ben will say something, or maybe I will make something from the red ripe fresh tomatoes on the patio.

Posted by mr double on 07-16-12 03:05 AM:

the best way to make moneyes in forex is to jump on trend and stay on,when usd/eur was 1,40 -1,50 ,theres was a few smart commentarries saying it will go to 90 cent,and it will
for eur/usd next target is 1,1917 ,so sell any rallies
if you missed eur downdraft,theres another one coming ,jump on wagen and stay put

long usd/jpy 79,11 target 1,20-1,50

Posted by oldtime on 07-22-12 05:41 PM:

Starting a little early this weekend. Hit a new account high Thursday and got flat. Now, for the first time in a long time I get to feel what it feels like to go into the weekend flat.

I'm just like a little ES trader and can't wait for the market to open Monday morning, only in my case it opens 17:15 Sunday et.

Kept the same position on in the paper account and apparently it would have made even more money if I had hung on.

AUD/USD I have been short as long as I can remember, and everytime I close everything out, that is the one glaring loss.

Not sure how I will play it this week

the winning trade was

short AUD/USD
long GBP/USD
short USD/CAD
long USD/CHF
short USD/JPY

so I've just slightly tipped my bias to short USD

But short against what?

as bad as USD is, everybody else also has a good case for going down

Gold is interesting, DX 83 gold low
DX 78 Gold high

but how long will that last?

If somebody could give me the real value of gold I would feel a little more confident trading it.

I have a lot of money in the bank. I use to think it was just sitting there, now that I am trading forex I see it is going up and down everyday.

Posted by oldtime on 07-29-12 04:51 PM:

got flat again Thursday at another new account high. Hopefully I am not getting complacent, but it does seem at the moment like taking candy from a baby.

the spread now is always the same

aud vs cad

gbp vs eur

and USD/JPY always in reserve if you want a USD bias

Martingale your losers, and if you can put on the spread at a more favorable price than you entered with your winners, go for it

Very difficult to get long EUR with all the news fundamentals

Thank g-d for sim, like the man said, when it goes to hell, that is a good time to put it on for real

Posted by atticus on 07-29-12 05:09 PM:

Quote from oldtime:

got flat again Thursday at another new account high. Hopefully I am not getting complacent, but it does seem at the moment like taking candy from a baby.

the spread now is always the same

aud vs cad

gbp vs eur

and USD/JPY always in reserve if you want a USD bias

Martingale your losers, and if you can put on the spread at a more favorable price than you entered with your winners, go for it

Very difficult to get long EUR with all the news fundamentals

Thank g-d for sim, like the man said, when it goes to hell, that is a good time to put it on for real

You're out of USDJPY? Lost some of its steam late in the day. I expect a 78.20-79.00 range this week. I am long the 77/79.65 DNT (2xKO) that expires Friday NY Fix from 100/127.

Posted by oldtime on 07-29-12 05:17 PM:

Quote from atticus:

You're out of USDJPY? Lost some of its steam late in the day. I expect a 78.20-79.00 range this week. I am long the 77/79.65 DNT (2xKO) that expires Friday NY Fix.

well good luck, that goddamn pair didn't do me a hell of a lot of good last week, all it did was just sit there

what is a DNT?

yeah 78.18 was where I got in at, and that was about where I got out at

Posted by atticus on 07-29-12 05:34 PM:

Quote from oldtime:

well good luck, that goddamn pair didn't do me a hell of a lot of good last week, all it did was just sit there

what is a DNT?

yeah 78.18 was where I got in at, and that was about where I got out at

Ahh, I figured you got out on the rally. Double no touch (path-dependent). If 77.00 or 79.65 is touched this week I lose the premium. Paying 100/127 refers to the premium (numerator) and the payout (denom). I earn 27% on the bet if neither barrier is touched. Losing the entire premium if touched.

There are also double KOs that are euro-style and can touch the KO barriers, but must expire within the range to payout.

Posted by oldtime on 07-29-12 05:44 PM:

Quote from atticus:

Ahh, I figured you got out on the rally. Double no touch. A path dependent exotic option. If 77.00 or 79.65 is touched this week I lose the premium. Paying 100/127 refers to the premium (numerator) and the payout (denom). I earn 27% on the bet if neither barrier is touched. Losing the entire premium if touched.

ah shit man, you are so far ahead of me I will never catch up. I'll google some of that stuff. Are you talking about binaries? I might have been good at that one time when I was young. I grew up in Indianapolis, and in the fifth grade I had a pool going where when I finally had all the bets covered on the Indy 500 the worst I could do was break even.

but now I am kind of old and slow thinking

Posted by atticus on 07-29-12 07:18 PM:

Quote from oldtime:

ah shit man, you are so far ahead of me I will never catch up. I'll google some of that stuff. Are you talking about binaries? I might have been good at that one time when I was young. I grew up in Indianapolis, and in the fifth grade I had a pool going where when I finally had all the bets covered on the Indy 500 the worst I could do was break even.

but now I am kind of old and slow thinking

Yes, you can think of it in terms of a sports bet.

The risk is convex until the barrier is reached or the option expires. Think of a sport prop-bet analogy in which you're betting on hits per inning in baseball, or a prop O/U. If you're betting on the under at 10.5 and the Mets score 5 in the second (lol) you'll going to take a hit on the marks.

Posted by oldtime on 07-29-12 11:18 PM:

when I finally got the whole deal done and started bragging about no matter who won I couldn't lose, the teacher started making a big deal about what a bad guy I was.

But she never understood the risk I had to take to put it all on.

Posted by oldtime on 08-05-12 11:19 PM:

not even worth posting this week, hoping the gap would bail me out, but no such luck

everything that sould be up is down
and everything that shoud be down is up

Hit a new account high Thursday (that's getting to be a pattern) but I didn't take it because it was "not enough"

Now I'm on week two with this miserable position

AUD/USD short
EUR/USD short
GBP/USD long
USD/CAD short

Posted by oldtime on 08-06-12 12:49 AM:

not sure what that was all about, just sold some more EUR/USD at 2443

Posted by oldtime on 08-06-12 01:26 AM:

what I didn't tell you is, when I sold the Eur I also added a little to my long CAD. The problem is, when I add to winners I have to put in a stop at BE just like every other dumbass out there. I don't like it any more than you do, but it is part of my wealth preservation program. As far as I know, it almost never works, but when it does work, that's what keeps me from getting a job.

Posted by contra on 08-06-12 01:41 AM:

Quote from oldtime:

not sure what that was all about, just sold some more EUR/USD at 2443

euro short covering and squeeze, stops triggered. look at the euro crosses too, such as eur/aud covering... would explain the no go on aussie ahead of data with a bank holiday down under?

some resistance from 0600-0668 daily highs..

Posted by oldtime on 08-06-12 01:47 AM:

Quote from contra:

euro short covering and squeeze, stops triggered. look at the euro crosses too, such as eur/aud covering... would explain the no go on aussie ahead of data with a bank holiday down under?

some resistance from 0600-0668 daily highs..

wasn't aware AUD was on holiday, thanks for the info, my fault for not paying attention

Posted by oldtime on 08-06-12 02:12 AM:

well that worked out very well, happened so fast I didn't even notice. I guess I covered half at 2393

Posted by oldtime on 08-06-12 02:19 AM:

I've got a stop in on the CAD at 18, maybe it will hold, but it's very close, 10 pips, not likely, but I've been buying car insurance all my life, and as far as I know, I'm a net loser on that deal. Nobody ever ends up in the hospital and brags about how much they made on insurance.

Posted by oldtime on 08-07-12 03:45 PM:

well, these are the days that give you hope. Everything that is supposed to be up is up, and everything that is supposed to be down is down, and by quite a bit.

It's easy to become cynical about the human race, but everynow and then they come through and create doubts about their ultimate destruction.

Posted by oldtime on 08-07-12 06:32 PM:

so let me explain

I am short AUD/USD
short EUR/USD
long GBP/USD
short USD/CAD

which creates four crosses

long GBP/AUD which is up 35 as we speak

and short AUD/CAD which is down 45

and short EUR/CAD which is down 21

and short EUR/GBP which is down 11

so you see, it is all good

Posted by oldtime on 08-10-12 10:20 PM:

kind of sloppy for me this weeks ending, I aint even going to post Sunday

I got

short aud/usd
long eur/usd
short gbp/usd
short usd/cad

1:1:1:1

Friday afternoon, and they all went against me, so I'm just a gap away, I don't want to talk about it this weekend

running the same position in the paper account and experimenting with some different size options

very simple stuff

gotta be careful, these low volatility weeks will suck you in

Posted by oldtime on 08-19-12 01:07 PM:

I'm flat, just looking for a place to get back in. That USD has been really good for me, but it looks like it wants to move a little. Think I'll switch to GBP

So that would be
Short EUR/GBP
Long GBP/AUD
Short GBP/CAD
Short GBP/USD

which makes me

short aud/cad
short aud/usd
short eur/cad
short eur/usd

Posted by contra on 08-19-12 03:18 PM:

Quote from oldtime:

I'm flat, just looking for a place to get back in. That USD has been really good for me, but it looks like it wants to move a little. Think I'll switch to GBP

So that would be
Short EUR/GBP
Long GBP/AUD
Short GBP/CAD
Short GBP/USD

which makes me

short aud/cad
short aud/usd
short eur/cad
short eur/usd

Sup oldtime... going for GBP eh...

Not sure how you're short aud/usd here though? it seems like it almost nets out there, besides the GBP component, as you're short gbp/usd...

Posted by oldtime on 08-19-12 03:52 PM:

Quote from contra:

Sup oldtime... going for GBP eh...

Not sure how you're short aud/usd here though? it seems like it almost nets out there, besides the GBP component, as you're short gbp/usd...

well, you have to twist your mind a little. I always keep the created crosses at the bottom of my screen. For one thing, as soon as I enter I put in a limit to add some more at a loss and that limit messes up my two minute charts, so if I want to watch it on the chart I pull up the cross.
otherwise, if I am long gbp/aud and short gbp/usd that makes me short aud/usd

don't think about it too much, just know that I take a certain amount of joy living in my little make believe fantasy world. It has been a very good strategy for me, hopefully I am confident, but not complacent.

Posted by oldtime on 08-19-12 05:38 PM:

atticus changed my mind, I'm going to swap the long GBP/AUD and replace it with long GBP/JPY, and I'm ready to go with this before midnight. I'll get short the AUD later. (or who knows, by that time maybe long.)

Posted by atticus on 08-19-12 05:47 PM:

Quote from oldtime:

atticus changed my mind, I'm going to swap the long GBP/AUD and replace it with long GBP/JPY, and I'm ready to go with this before midnight. I'll get short the AUD later. (or who knows, by that time maybe long.)

I don't want to sway you, but I am going short EURJPY, which in the arb would imply short EURGBP and short GBPJPY. IOW, I don't like short yen against Europe, but dislike EUR more than GBP (longs). I see ZERO upside in short yen against Europe this week.

If you want long GBP then take a short EURGBP, but it's not a position I would take.

FWIW, I am going short EURAUD and EURJPY.

Posted by oldtime on 08-19-12 05:56 PM:

Quote from atticus:

I don't want to sway you, but I am going short EURJPY, which in the arb would imply short EURGBP and short GBPJPY. IOW, I don't like short yen against Europe, but dislike EUR more than GBP (longs). I see ZERO upside in short yen against Europe this week.

If you want long GBP then take a short EURGBP, but it's not a position I would take.

FWIW, I am going short EURAUD and EURJPY.

I won't hold you responsible, it was the observation about the big move in aud I was talking about, I'll be fine, and good luck to you too, even if we are on other sides, you take your profit first, and I'll get mine later,

like the old bull and the young bull were standing on the top of the hill, and they looked down in the valley and saw a whole herd of heifers. The young bull said, "Look at at all those heifers! Why don't we run down there and fuck one!" And the old bull said, "Why don't we just walk down there and fuck them all."

Posted by oldtime on 08-19-12 11:36 PM:

well, I put on that gbp, man, I paid through the nose on the spread even at interactive at 18:24 on a Sunday.

It's about what you would expect, winning on the CAD and USD, losing on the EUR and JPY.

I can feel myself getting sullen and withdrawn. Doesn't matter, I don't smoke pot even if it was legal when I am trading, but sure could have used some this weekend when I was flat. CYA next week.

Posted by contra on 08-20-12 12:05 AM:

Quote from oldtime:

I can feel myself getting sullen and withdrawn. Doesn't matter, I don't smoke pot even if it was legal when I am trading, but sure could have used some this weekend when I was flat. CYA next week.

That's probably a good thing, but I do, lol. I saw there was a thread about this drugs and trading but didn't get want to get involved in that, people who are asking of it would help their trading or some shit.

My trades are somewhat planned out a bit though so it's not like I'm some stoned kid sitting here clicking buy/sell on impulse.

Good luck with GBP. I'll probably lay low for now until I get something to run on.

Posted by oldtime on 08-20-12 12:28 AM:

Quote from contra:

That's probably a good thing, but I do, lol. I saw there was a thread about this drugs and trading but didn't get want to get involved in that, people who are asking of it would help their trading or some shit.

My trades are somewhat planned out a bit though so it's not like I'm some stoned kid sitting here clicking buy/sell on impulse.

Good luck with GBP. I'll probably lay low for now until I get something to run on.

thanks contra, I'll check in with you on your jounal. It gets lonely on a Tuesday night, it is always nice to know someone is also awake just watching and trying to figure. Plus I enjoy the fundamental reports. I use to do a little business out there on Long Island, probably nowhere near where you live. It involved recycling, and all the signs were triplicated, one in English, one in Spanish and one in what I guess was Russian (not sure) but some of the letters were backwards.

Posted by contra on 08-20-12 12:53 AM:

Quote from oldtime:

thanks contra, I'll check in with you on your jounal. It gets lonely on a Tuesday night, it is always nice to know someone is also awake just watching and trying to figure. Plus I enjoy the fundamental reports. I use to do a little business out there on Long Island, probably nowhere near where you live. It involved recycling, and all the signs were triplicated, one in English, one in Spanish and one in what I guess was Russian (not sure) but some of the letters were backwards.

Cool. A third language on signs? Interesting, I can speak a bit of all 3 of those languages, yet not particularly great at any lol. Haven't seen much Russian signs except in some spots of Brooklyn, that isn't far from me.

Where are you these days?

I'll post in my journal when I have something worked out.

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