Post your live Forex trades here...

Discussion in 'Journals' started by xelite777, May 4, 2014.

  1. boskop

    boskop

    I have to admit though, the USD/JPY short was too premature. I can't trade a breakout at this time of the day.... so I'm closing a bit of it at a 0.064 % loss + widen the stops to 102.22/37
     
    #171     May 8, 2014
  2. Clear to the majority of traders.

    Remember what legendary trader Bernard Baruch said:
    "The main purpose of the market is to make fools of as many men as possible"
     
    #172     May 8, 2014
  3. boskop

    boskop

    That is a rather paranoid view hahaha.. But yes, markets do not reward the majority. That's a fact.
     
    #173     May 8, 2014
  4. boskop

    boskop

    #174     May 8, 2014
  5. boskop

    boskop

    On the topic of great quotes, here's the reason why I'm very greedy right now:

    Be fearful when others are greedy, be greedy when others are fearful (i.e. the yen shorts) -> Warren Buffet
     
    #175     May 8, 2014
  6. boskop

    boskop

    I am hedging my JPY longs a bit via this setup:
     
    #176     May 8, 2014
  7. #177     May 8, 2014
  8. jack411

    jack411

    Nice call :) did you have a target posted or did I miss it?

    I am actually still short from several days ago looking for 0.9000 zone.

    Sorry, I know it's not a live call technically, but I just noticed this thread.
     
    #178     May 8, 2014
  9. Well, on the 4 hour charts, it seems like the NZD/JPY is testing the breakout line, take a look...
     
    #179     May 8, 2014
  10. boskop

    boskop

    Yes, depending on how you draw the trendline (off of which highs). Only thing worrying here is Wheeler's recent comments about high-valued NZD. But who cares, a hedge is a hedge, and will let me sleep tonight better.
     
    #180     May 8, 2014