Chinook's EUR/USD (E/$)Mumblings

Discussion in 'Forex' started by chinook, Aug 16, 2004.

  1. Probably, you are right in your assessment. To me it felt like most of the move was due to short Eur stops popping. Anyway, I 'm only risking 10 pips with low leverage.

    Chinook
     
    #431     Sep 9, 2004
  2. My short got nuked after this last spike at about 1am EST. Anyway total loss is 10 pips. Tomorrow should be a decent trading day.

    Chinook
     
    #432     Sep 10, 2004
  3. You must've had a nice initial entry. 1.2240 or above?
     
    #433     Sep 10, 2004
  4. Yes, I was in at 1.2234 in the futures which was about 1.2240 in the spot. I got shaken out by 6 pips and then the market immediately turned down--Oh well, this is part of the game. But anyway looking at the price action, it looks like it might be able keep the upwards momentum tonight. Good luck with the longs.

    I'm staying neutral now--I want to start the day with a clean slate and be ready for 8:30am EST madness. Time for my beauty sleep!

    Good night,

    Chinook
     
    #434     Sep 10, 2004
  5. Thanks for sharing Chinook. I must say this is the most honest Traders thoughts revealed in ET. I do not have much to contribute as I am just soaking up the experience in here and learning. I do not know if I will ever be able to trade Forex.

    Good night.


    Michael B.
     
    #435     Sep 10, 2004
  6. auto

    auto

    Another strike towards 1.2070 is in the offing ..
     
    #436     Sep 10, 2004
  7. Doubtful.
     
    #437     Sep 10, 2004
  8. What does Yellen mean?
     
    #438     Sep 10, 2004
  9. Janet Yellen, San Francisco Fed President.
     
    #439     Sep 10, 2004
  10. Thanks, I see now that the name was in the article I posted yesterday :mad:.
     
    #440     Sep 10, 2004