EUR/USD: Down Leg (May 3, 2009) 9:13PM

I'm not a pig, I'm a swine. *oink, oink*

Short at 3377, covered 1/2 at 3365, stop to BE, letting the rest ride for a bit.

 

10:27AM: took some profits with pair at 1.3353.

 

Nice call. I made back a nice portion of my losses.

Who is that guy?

 

I cannot log to my trading station. I shorted it at 1.3390, and 1.3434. Took profits at 1.3353 (I left the 1.3434 trade as a trophy).

Could someone say where it is? Did it revisit the 1.3400 area. Also if it gets closer to that area could someone please post an alert here or better PM me. I can phone the broker if I cannot start this damn trading station

Thanks.

 

Hasn't hit 3400 yet.

http://www.dailyfx.com/charts/Chart.html?symbol=EUR/USD

 

PA is near 3385 which is the 50% retrace from today's high at 3436 to the recent low at 3335.

 

problem is your always underwater for awhile with every trade. no matter where you get in it's gotta jerk you around awhile. the moves aren't clean. forex is ERRATIC intraday.

 

Well, it's trading.

You've gotta get used to being underwater unemotionally by controlling your position size, etc.

Short again from 3368, covered 1/2 at 3358 and stop to BE.

 

with eminis you can place a trade be in the green in ten seconds never looking back. trade confirmed. CLEAN.

 

Thanks Steve. I got it a little below 1.3385 (1.3376). I just covered what I sold. Cover was done a couple minutes ago, with pair at 1.3330 to 1.3334 area.

Nice 40 pips! Thanks Steve.