i think that you are right it might happen but i hold my positions for 1-2 weeks and try to swing at least 100 pips in a trade. i realize that going below 1.3050 is riskey but i don't think this level would braek in the longer run and in the beginning of next year we shell see dollar comming down and fast...!
I tired of all this Gonna order in lots Like for the the next 9 trade days days Simply easier this way 1.3532 1.2950 1.3604 1.2955 1.3667 1.2946 1.3734 1.2955 1.3791 1.2970 1.3839 1.2988 1.3873 1.3023 1.3894 1.3076 1.3908 1.3116 or something like next 9 hours 1.3132 1.3051 1.3133 1.3046 1.3134 1.3043 1.3134 1.3041 1.3134 1.3038 1.3135 1.3035 1.3134 1.3033 1.3133 1.3033 1.3134 1.3032
Im long now.... http://elitetrader.com/vb/showthread.php?s=&threadid=81945&perpage=6&pagenumber=1 I wouldn't short against me unless its a scalp. Probably a pullback here at 1.3136 or 1.3157 to get a nice entry to buy some more in the 1.3114-1.3105 area with a tight stop. Or it could just keep impulsing up, that would be the best odds as it is coming off a nice DB in a key support zone.
6 sigma ha? Dont know what that is... As far as careful, no just damn accurate and precise so I can trade with 50 or 100 to 1 reward to risk ratios. This trade is a perfect example. I need to get some sleep... just hard when PNL keeps moving up
Like cable for next 11 hrs @ 6 sigma Probably close to your entries 1.9648 1.9183 1.9651 1.9187 1.9653 1.9194 1.9656 1.9203 1.9658 1.9220 1.9661 1.9241 1.9663 1.9257 1.9663 1.9275 1.9662 1.9297 1.9662 1.9305 1.9663 1.9289 for the euro for next 12 hrs @ 6 sigma 1.3218 1.2900 1.3216 1.2897 1.3215 1.2896 1.3216 1.2897 1.3216 1.2897 1.3219 1.2893 1.3222 1.2889 1.3223 1.2885 1.3223 1.2883 1.3222 1.2882 1.3221 1.2881 1.3220 1.2876
I guess more like 1.295 to 1.4 over next 2 months down to 1.2450 up again to 1.41 to 1.42 for the next 50 weeks Slowly that 1.42 are Lossing it