Ivan's Trade Thread

Discussion in 'Forex' started by Ivanovich, Jul 30, 2008.

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  1. Stopped out at 1.39 for 45 pip loss. -$450.

    I was going for a bounce that never materialized. I knew it was a stretch, which is why the stop was close and the position was small (relatively compared to what I use).
     
    #261     Sep 11, 2008
  2. I think the EURUSD is a bit choppy at the 100ish pip scale. It is still in the +/- around 50 pips area from your trade, but very uncertain as to details of where it will go next.

    I think there is a rationale and good probability it will flip over 1.40 again this week.
    Surely the market uncertainty and nervousness will get tested... German growth forecast to 1.8% while UK and France at around 1% - with EU average 1.4%.
    :)
     
    #262     Sep 11, 2008
  3. cstfx

    cstfx

    Long NZDUSD 10 @ 6490, target 6550.
     
    #263     Sep 11, 2008
  4. To maintain any sort of reasonable risk and money management the position sizes obviously need to be smaller trading without stops, it explains why the returns for this kind of trading aren't that great in comparison to say the average intraday trader who manages risk using stops. Some of the drawdowns on these trades makes me wonder if it's just demo trading rather than live, I can't see anyone risking 140 pips (and perhaps more!) to gain 45 somehow, although you never know I suppose, after all this is forex :D
     
    #264     Sep 11, 2008
  5. Long NZD/USD @ 6488 for significant correction. 400,000 units.
     
    #265     Sep 11, 2008
  6. Stopped out @ 1.0790 - 83 pips loss. -$2,308

    Rats.
     
    #266     Sep 11, 2008
  7. cstfx

    cstfx

    t/p hit @ 6552, +62 pips

    looking to re-enter on a dip.
     
    #267     Sep 11, 2008
  8. ssbc19

    ssbc19

    Short USDJPY at 107.24. SL at 107.40.
     
    #268     Sep 11, 2008
  9. sam0182

    sam0182

    I was liking this short idea as well...nice little downward channel on the hourly.
     
    #269     Sep 11, 2008
  10. ssbc19

    ssbc19

    Yeah it's nice pattern. I'm going to be glued to the screen until it starts making lower lows though :)
     
    #270     Sep 11, 2008
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