Dollar LONG stance but hold trigger till ...

Discussion in 'Forex' started by deadbroke, Oct 14, 2009.

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  1. EurUsd pend 1 mL @ 1.4738 manual stop if triggered
     
    #61     Nov 2, 2009

  2. short canceled 1 min ago Price currently at 1.4765
     
    #62     Nov 2, 2009
  3. CHOP


    The Ever Avoiding Chop VIPER
     
    #63     Nov 2, 2009
  4. I placed limit buys, AUD/USD, at .8925 and .8860, because I'm a big-shot trader.
    Later this evening, I shall enjoy a glass of fine prune puree', as I watch my orders get blown to bits after the RBA decision.:D
     
    #64     Nov 2, 2009
  5. Ooooh, prune puree, yummy....










    [​IMG]
     
    #65     Nov 2, 2009


  6. OOOOOOOh THE HUMANITY :D

    The Ever Concerned VIPER

    P.S. If the prunes don't work try this product
    http://www.hulu.com/watch/10304/saturday-night-live-colon-blow
     
    #66     Nov 2, 2009

  7. I'll take this loss now.

    Position closed at 1.63726 3 mins. ago.

    Losing trade.
     
    #67     Nov 2, 2009
  8. EurUsd short pend 1 mL @ 1.48704 STOP = 1.5062
     
    #68     Nov 2, 2009
  9. Call & Trade preparation

    Short EURUSD trend following big-pip, duration = months, Trend quality expected = ferocious (10 on a 1-10), entry band = 1.4845 -1.4972, destination = min. 1.2247, likely = 0.8713

    trade failure point = canceled if Price > Oct 26 high by even a fractional pip = if so, then instant bad call = trash bin = I won't be offended

    Risk = 200+ pips

    Reward = huge i.e. many many multiples of Risk

    I want to enter 1mL around 200 m.a. also = 50% Fib on 60-min., then gradually scale in 1 mLs if correct.

    Thinking: EurUsd's 5-wave drop on 60-min. + ongoing likely 3-wave upmove = Tsunami's signature or footprint = hibernation since March 09 is over.

    [​IMG]
     
    #69     Nov 2, 2009
  10. As it happened, the pair did not reach my limit orders, so I went long manually at 9079 9048 8966 8938 and 8934.
    Closed all at .9037, just below the daily pivot, 2 for a loss, remaining 3 for a gain.
    Never did have any prune juice, however, when price dipped below .8920, I nearly shat anyway..:eek:

    [​IMG]
     
    #70     Nov 3, 2009
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