My (NEXT) EUR/USD Short Trade

Discussion in 'Forex' started by sKaLpZ, May 13, 2005.

  1. avadon

    avadon

    Yeh, I wonder what it's going to do now.

    Just have to wait for a breakout.
     
    #21     May 30, 2005
  2. It more or less was in the plan. I have my stop below 1.23. Enter progressively, always with higher size than the last to lower avg price.

    I did enter too fast though. Gotta cut some loses...
     
    #22     May 30, 2005
  3. What do you mean you "entered too fast?"
     
    #23     May 30, 2005
  4. It is dangerous especially before the Dutch EU vote..
    You can always average it down though :)
     
    #24     May 30, 2005
  5. All-in at 1.2467. Hard bottom

    Stop at 1.2459. :) Just want a quick buck...
     
    #25     May 30, 2005
  6. #26     May 30, 2005
  7. boom :(
     
    #27     May 30, 2005
  8. 20:00 really started moving.

    2 cent move today in EUR contract (whatever IB calls a day)

    I'm hitting it with piker size. :p and because I have a great deal of confidence in my EUR trading acumen, I have even stretched out a couple trades to nearly 1 minute.!

    Geo.
     
    #28     May 30, 2005
  9. well, we're gonna come up to a bottom here in about 20 to 50 points.

    no one in their right mind is going to buy USD at that strength level.

    if they do they're not even speculating, they're Vegas-style slot-machine gambling.

    remember, the France vote is nothing in market reality - Europe is still a massive economy, and the US eco numbers haven't gotten any better.

    This is just a panic.
     
    #29     May 30, 2005
  10. Rats are jumping off a burning ship and onto a sinking ship.
     
    #30     May 30, 2005