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oldtime
 

Registered: Jun 2011
Posts: 7389

 

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

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oldtime
 

Registered: Jun 2011
Posts: 7389

 

08-06-12 12:49 AM

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

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oldtime
 

Registered: Jun 2011
Posts: 7389

 

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.

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contra
 

Registered: Nov 2010
Posts: 503

 

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..

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oldtime
 

Registered: Jun 2011
Posts: 7389

 

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

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oldtime
 

Registered: Jun 2011
Posts: 7389

 

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

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