Got +10 on EuroFX , but was uncertain on any further gains. I stopped any further attempts though. We will see some more movements after the consumer confidence numbers - compounded move on back of GDP as well.
Got another +5, all on shorts. Got a nice and obvious delayed EURUSD-reaction short on USDJPY for +16 ticks too.
The pattern for tight shorts is terrible here. It spikes up and then immediately pulls back. It's a slow death. I got caught in it several times!!!
Did the numbers just released come out a minute early or is my clock that is supposed to be in sync to atomic clock off?
+31 on 3 trades - 2 EURUSD shorts and one JPY short/USDJPY-long. I think I'll call it a day soon, if we don't see some strong action - although it'll probably be linked to end-of-month , end-of-year even. The european close in 145 minutes will probably be the next offset to give some opportunity when it draws near.
First day in some time I've been able to read some signals off the book and actions. It was because of the "normality" in anticipation to the numbers etc. It was not because of any more liquid markets - but more to do with the big-teeth fish staying away from making the book lie - like they have faked it lately.
"A stop loss is meant to be hit. Do not remove your stop loss." It's so hard following this rule when you see the train coming along headed right for it. All you do is sit there and cringe with your stomach in a knot, saying "be merciful, God!"
Thanks...it will be a wonderful day for me when my account gets large enough to justify a Bloomberg or Reuters subscription. Anyone ever tried Market News International www.marketnews.com ? I read a post recently by someone that uses it for economic releases even though they have Bloomberg. Cheers, TRADERguy