Did anyone catch that? I didn't. I went short at 1.2148 with a stop at 1.2170 and got taken out quickly. Might re-enter a short position in a few hours.
Do you think you have good enough reason to sell here, if you hadn't anticipated this move up in the first place?
With a lack of posts I assume that nobody anticipated this move up. I sold at 1pm est during a pause, hoping for a retrace while I had my lunch. But I covered with a - 22 pip stop. Only $22.00 loss.
UG, where do you get 200-pips? from what price to what price? I called a 200-point move UP from 1.2039 as close as I can document from other threads. it hit 1.2204 today. that's 165-points - still not 200-points. a couple guys made some bets with me for $4.00 - I just cannot find the posts and from what level I called the 200-pip move up. from 1.2039 is as close as I can see at this point. anyone remember the bets?? Coinz
Coinz I think the USD will get back half of the loss by Friday's close. Maybe back to 1.2100 or so. I might enter a EUR/USD short in a few hours. LIMIT at 1.2100 no STOP. Close on Friday if LIMIT not hit.
I remember it perfectly. EURUSD had just touched the magic 1.3600, and you bet it would go up 200 pips.... Just kidding. But I feel it's my duty to crush your spirit before you get too cocky from all your good calls recently and end up betting 100% of your account on some kamikaze Yen trade.... Of course, if you didn't take that kamikaze Yen trade, you wouldn't be sKaLpZ.
Big weak shorts covering. Tommorrow e-data will be very strong and everyone is expecting Katrina/Rita twins to have taken a big toll. Everyone will be surprised and down we go again.
I bet the data won't be that bad, and we'll have a nice day of choppiness, in which I cannot trade at all. Lol.. Everyone pray that I'm wrong.
hi mr uninvited _ guest what broker are you using for mini trading Oanda , fxcm , forex , refco ? -But I covered with a - 22 pip stop. Only $22.00 loss.-
Refcofx.com with 200:1 leverage. I only trade 10k lot at a time. I started with $500 and I'm up to $800. If I can get past $1000 I will then trade 20k at a time. I had a good run of 8 trades, but my last 3 trades have been losers. My present trade is halfway to the STOP already. If I lose this trade (- $45.00) I will take 1 week off. My 8 winning trades were all without STOPS, my losing trades with STOPS. But STOPS give me piece of mind.