short EUR/USD...

Discussion in 'Forex' started by empee, Oct 18, 2005.

  1. OfmY

    OfmY

    Is playing on globex is safer than spot? why?
     
    #51     Oct 19, 2005
  2. OfmY

    OfmY

    now eurusd will go through 1.20 and it will...i'm sure)) look at usdjpy
     
    #52     Oct 19, 2005
  3. achilles28

    achilles28

    Kinda like the last long entry you missed?
     
    #53     Oct 19, 2005
  4. empee

    empee

    hi,

    thanks for your comments. I play a lone hand so I won't explain nor will I will i take your criticisms personally.

    I believe I have a great edge and I have the discipline to make a lot of money, which is usually made by sitting. Therefore I post here.

    To remind you please review:

    http://www.elitetrader.com/vb/showthread.php?s=&threadid=46886&highlight=euro

    I posted this when Euro was at 1.33, I called 1.20 WAY back then. I had my "other great trade of the year" back then exiting for +350 pips or so, and +700 on 2nd half. (My target was 1.27 that is why I exited there instead of holding for 1.2000) If you look at the chart it took several weeks to develop (well the first 1/2 I got almost immediately which is why I took 1/2 off)

    If you look at your charts back then it was a fairly presicent call especially when we reading about how the USdollar was going to zero (You remember those magazine covers dont you?)

    Please understand I am a 'real' trader; I am not a scalper and I post these so people see I'm not full of B.S. and calling my moves positions in arrears like everyone else seems to do.

    Personally, I dont mind small losses as much as when I take several stops them the big move happens without me.

    Be patient friends, I'm still looking for a big move in US Dollar.

    Still stalking an re-entry.
     
    #54     Oct 19, 2005

  5. No, makes not much difference. It is only that I am using the Globex data for my own charting. Some trades I use spot, some trades I big contracts. But for longer term charting I use the mini contract because it has less load on the charting package.

    Hope this helps
    Maria
     
    #55     Oct 19, 2005
  6. OfmY

    OfmY

    Yeah, I see)

    Have a nice trade and decent profits, Maria:)
     
    #56     Oct 19, 2005
  7. empee

    empee

    hi, i tried one more early entry, 1.2034 9 pip stop, if I stop I will wait for a better short entry.

    The reason I am entering early is because I am expecting a climatic selloff where it drops extremely fast, ie panic and it is difficult to get short/moves very fast, thus the early entries.

    currently -12 pips across 3 trades.
     
    #57     Oct 19, 2005
  8. The recent EUR chart since OCT 5 is interesting.

    I still short. Sittight.
     
    #58     Oct 20, 2005
  9. TickJob

    TickJob

    :D

    [​IMG]

    [​IMG]
     
    #59     Oct 20, 2005
  10. KS96

    KS96

    My 1-3dayswings system gave a sell on EUR/CAD
    yesterday at around 1.4100
    which looks much better than the sell on EUR/USD.

    A
     
    #60     Oct 20, 2005