Fx futures Journal

Discussion in 'Journals' started by Buy1Sell2, Feb 14, 2006.

  1. we're you filled on this? Im not sure how long you leave your orders out there.
     
    #231     Aug 24, 2006
  2. Buy1Sell2

    Buy1Sell2

    Yes-- Globex orders don't carry overnight, so I re enter the order between 5 and 6 PM. So far, this one is wrong, but these are longer term plays here and I've given them a wide berth. :)
     
    #232     Aug 24, 2006
  3. I think you mentioned where your stop would be, but I cant remember. I would guess somewhere above the 1.3005 level.
     
    #233     Aug 24, 2006
  4. Buy1Sell2

    Buy1Sell2

    I've cancelled this order for a new short for the moment. I may reinitiate this order at some point. I believe that I can be patient and find a better entry.
     
    #234     Aug 24, 2006
  5. Buy1Sell2

    Buy1Sell2

    I have reinstated the sell stop at 1.2823. I saw some action after whatever report or news came out at 10 that suggests the downside again.
     
    #235     Aug 24, 2006
  6. Buy1Sell2

    Buy1Sell2

    filled. using same stop 1.3026
     
    #236     Aug 24, 2006
  7. Buy1Sell2

    Buy1Sell2

    We'll need to get that closing price below 1.2806 to give us some more confirmation of a downturn.
     
    #237     Aug 24, 2006

  8. Nice little move down here. Took a short at 2814. It should be able to close down here for the day
     
    #238     Aug 24, 2006
  9. Buy1Sell2

    Buy1Sell2

    My goodness we need to have the British Pound Futures make a new daily low today or tomorrow. I'm, still short from 1.8847 and looking for downside. The market just teases everyday so far. Stop still above 1.92
     
    #239     Aug 24, 2006
  10. Buy1Sell2

    Buy1Sell2

    If the Euro FX chart stays this way at closing, I would be inclined to see this as harbinger of further downside. Today constitutes an "outside reversal down day". When we've had these in the past, they generally lead to more downside. Staying short for now. :)


    Note: Getting past 1.2722 over the next days would be very significant in my view.
     
    #240     Aug 24, 2006