Ivan's Trade Thread, part II

Didn't work - got crushed. My GBPUSD short is working out great though, 250 pips per contract currently.

 

I think that's a bad idea in this market. Don't fight the trend.

 

Scrapped the trade at a 3 pip loss (89.70) for a better entry position lower down.

 

Ugh...signal generated to re-establish the EXACT same trade. Just did it at 89.70. I acted in haste, it would seem.

 

Small long, 35,000 units only on EUR/AUD @ 1.9745, looking for 2.

Stop @1.96

Just testing something.

 

Launched off the platform Stop moved to break even.

 

If the ECB cuts their rate, as expected, this Thursday, how will it affect certain pairs? The AUD has lost considerable value vs. the Euro this week, I'm guessing based on data from Australia showing general economic weakness. So, if the ECB cuts, may we see a strengthening of the AUD against the EUR?

 

The ECB will cut. That, I think, is baked in. The question is how much, and then what will Trichet signal?

 

This was stopped out.

 

Price hit 2. What was the objective?