well, I gotta go pretty soon. Still haven't learned how to intrepret things when USD is closed and everybody else is open. Things have improved once I switched from market orders to limit orders. I've got my limit orders in. If you're stupid enough to hit them I'll gladly take the other side, especially on a night when things may not be as they seem.
For those of us that hold over the weekend, the opening gap is always kind of a crap shoot The way I see it, half the time it goes in my favor and half the time it goes against me but if I get flat 100% of the time I pay the spread gotta go see dad today, it may be his last Fathers Day but I'll bring the laptop to see if this gap is all it's cracked up to be
About your dad. Been there.Loss hurts and time helps heal. Life is a journey with a known destination.Make sure the journey makes the destination worth it.For the most part you will regret things not done more than things done. Ain't hindsight grand.
OT, I don't trade currencies much but when I do it's typically the USD. I've found this instrument behaves more rationally than the others and doesn't tend to give you, "where the f... did that come from." It behaves more like the futures market or even somewhat like the stock market. Good luck with it!
The carry is the interest you pay when you are short the Aussie. You pay a little bit each day you carry that trade. Cost of doing business.
well I gotta go hard to imagine anything going worse than it went last week. Most of the time everything I had on showed me a loss. The pathetic thing is, if it had gone the other way I would have taken my profits and gotten flat and be looking for a new opportunity this week. But I am hanging on to my losses. That's probably why most traders lose. I need everything that was going down to start going up And everything that was going up to start going down Is that too much to ask?
Gee, how could that be with an expert like you? 3000 posts of your expertise in 1 year I would have thought you knew what you were doiing.
I like to talk, especially about trading, I am very lonely and very rarely talk to anybody but the lady at the c store where I buy my cigarettes, and then all I shyly say is "thank you". got a little bit of a break this gap, but I need more looks like no trades until after midnight but thank you for your concern CYA next weekend like the man said well, I gotta go
whew! got to drinking that good old Kentucky Whisky and slept right thru the open pretty quiet gap this sunday my salvation came thurs night thanks to merkle but I'm still short AUD/USD that pair is gonna be the death of me if I ever get out of it alive, I will never be scared to go long AUD again well, nice talkin to ya, I gotta go