Short EUR/JPY

Discussion in 'Forex' started by riskfreetrading, Mar 25, 2008.

  1. 8:48PM: I shorted another 1/4 in 164.64 area.

    OVVO: My human net declared price reached at 8.47PM as current potential high. Does your net make such prediction?
     
    #421     Apr 22, 2008
  2. OVVO

    OVVO

    LOL, keep selling......:D

    It's interesting to meet those who take the opposite side of a trade!
     
    #422     Apr 22, 2008
  3. twang2

    twang2

    Riskfree. who do you trade FX through?
     
    #423     Apr 22, 2008
  4. I have had connection problems over the last hour or so. It happened for both the forum and OANDA, but I could access google. Does anyone have problem with OANDA? I log in and then disconnects.
     
    #424     Apr 22, 2008
  5. OANDA (but this does not mean that I recommend them, or not recommend them). May I ask why you asked or also with whom do you trade?

    Also, I would like to ask the fellows here whether writing about how I trade would benefit others. Some people sent me PM about this, and I have not decide on this question yet.

    However the people who contacted me are more from the stock trading after seeing my predictions (so far I did not miss a single call in stocks), but with forex it is somewhat at the same time easy and not easy. I would need more time to explain this. With stock indices you need patience, with forex you need to be quick.
     
    #425     Apr 22, 2008
  6. 10:36PM: I banked 14 pips on the 1/4 I sold earlier at 164.64.

    1/2 of intended position is still open. Will reload if reaction up takes place and fail.

    I am keeping the 1/2 size in case it decides to breakdown. As you can suspect I am considering that possibility, and it can break anytime but most likely during European or US session.

    With my profits today (I did not counter them exactly but in the order of more than 100 pips on 1/2 intended size I can take a 100 pips move against me with no loss). So I am equipped to stand any fake buying that may take place. I do not want to miss a big move on the downside.
     
    #426     Apr 22, 2008
  7. Likewise, particularly when I win the bet :D
     
    #427     Apr 22, 2008
  8. OVVO

    OVVO

    LOL, we will see my friend...just bought 2 more lots, up to 18 now, avg price 164.589 :)
     
    #428     Apr 22, 2008
  9. 23:08 (time on my computer clock is now 11:10PM): sold 1/8 of intended size at 164.65.

    My clock seems to be ahead of time stamp of this post by 6 minutes. So maybe my computer clock needs to be adjusted.


    23:16PM (according to my computer clock): sold another 1/8 of intended size at 164.67.
     
    #429     Apr 22, 2008
  10. I like your views. I think you are like me: when you have your conclusion you stick to it. It shows it comes from the brain (whether right or not right, it is a plus when it comes from the brain). I am prepared to be wrong, but I can only do what my brain has reached as a conclusion.
     
    #430     Apr 22, 2008