Classic FX

Have entered following positions.

Total position value is 156.220 % of account balance.
Margin used is 3.359 % of account balance.

Position % value of each pair, in relation to overall position value.

Short versus the USD:


Aud 14.89 %
price ,8860 4

Eur 15.09 %
price 1,4970 8

Gbp 12.9 %
price 1,9189 8

Cad 15.76 %
price 1,0669 5

Chf 15.52 %
price 1,0823 2

Jpy 16.77 %
price 109,99

Sgd 4.77 %
price 1,4076



Classic FX + 0.00 % (start date 10/08/08)

With the current price movement, what do you expect of the majors? From the chart, looks like the bottom is touched. But then again in this business, who can measure the real depth of the ocean, right? I wonder with all the data that are due the next few days, would it be fair to hold long position against the USD?
Simply say, that a correction againts the USD is near.
 
With the current price movement, what do you expect of the majors? From the chart, looks like the bottom is touched. But then again in this business, who can measure the real depth of the ocean, right? I wonder with all the data that are due the next few days, would it be fair to hold long position against the USD?
Simply say, that a correction againts the USD is near.
I think the correction just happened, I am positioned for a 'correction', but then again I am just going with the 'flow'. I can't imagine prices moving more than a couple hundred pips without having to take a breather.

As far as charts are showing a bottom, The charts will always show a 'bottom' due to the fact that such an extreme has been touched, all charts will show over-bought positions, but this is meaningless, because there is only so much room on a chart for price to move, but in reality there is no boundary.

Think of it this way, what a perfect opportunity to Stop-hunt, we know everyone and there grandma will be buying, so Sell!



Classic FX + 0.00 % (start date 10/08/08)
 
Have entered following positions.

Total position value is 156.220 % of account balance.
Margin used is 3.359 % of account balance.

Position % value of each pair, in relation to overall position value.

Short versus the USD:


Aud 14.89 %
price ,8860 4

Eur 15.09 %
price 1,4970 8

Gbp 12.9 %
price 1,9189 8

Cad 15.76 %
price 1,0669 5

Chf 15.52 %
price 1,0823 2

Jpy 16.77 %
price 109,99

Sgd 4.77 %
price 1,4076



Classic FX + 0.00 % (start date 10/08/08)
We just Killed It.
Out at the following positions.

Aud/usd: .8667

Eur/usd: 1.4691

Gbp/usd: 1.8668

Usd/cad: 1.0587

Usd/chf: 1.0955

Usd/jpy: 110.47

Usd/sgd: 1.4177



Classic FX + 1.79 % (start date 10/08/08)
 
hi mate - do you think we are due for a mini correction as a result of the recent rally? GBP has falled agai USD massively for the past 11 days. Surely there must be an upward bounce we can take advantage of?
 
hi mate - do you think we are due for a mini correction as a result of the recent rally? GBP has falled agai USD massively for the past 11 days. Surely there must be an upward bounce we can take advantage of?
I think it's due for a massive correction, but I think it will be after we invade Iran or Georgia.

I'm not sure what just happened or how they did it, but I think they're preparing for the USD to collapse or possibly collapse and they're trying to give prices enough room to move, without MA crossing over on a larger time frame, perpetuating the collapse.

The market is being forced higher in anticipation of complete failure.



Classic FX + 1.79 % (start date 10/08/08)
 
Last edited:
Have entered following positions.

Total position value is 140.206 % of account balance.
Margin used is 2.989 % of account balance.

Position % value of each pair, in relation to overall position value.
Short versus the USD:

Aud 19.08 %
price ,8656 8

Eur 16.18 %
price 1,4680 7

Gbp 20.59 %
price 1,8657 5

Chf 16.76 %
price 1,0965 1

Jpy 18.35 %
price 110,57

Sgd 5.18 %
price 1,4187



Classic FX + 1.79 % (start date 10/08/08)
 
Have entered following positions.

Total position value is 140.206 % of account balance.
Margin used is 2.989 % of account balance.

Position % value of each pair, in relation to overall position value.
Short versus the USD:

Aud 19.08 %
price ,8656 8

Eur 16.18 %
price 1,4680 7

Gbp 20.59 %
price 1,8657 5

Chf 16.76 %
price 1,0965 1

Jpy 18.35 %
price 110,57

Sgd 5.18 %
price 1,4187



Classic FX + 1.79 % (start date 10/08/08)
Have just added the following trades to be held for a shorter amount of time.


Eur/cad: short 1.5686 2
s/l 1,5711 0

Eur/chf: short 1.6133 7
s/l 1,6145 8

Eur/jpy: short 162.28 2
s/l 162,40 4




Classic FX +1.79 % (start date 10/08/08)
Position value: 523 %
Margine used: 10.65 %
 
Have entered following positions.

Total position value is 140.206 % of account balance.
Margin used is 2.989 % of account balance.

Position % value of each pair, in relation to overall position value.
Short versus the USD:

Aud 19.08 %
price ,8656 8

Eur 16.18 %
price 1,4680 7

Gbp 20.59 %
price 1,8657 5

Chf 16.76 %
price 1,0965 1

Jpy 18.35 %
price 110,57

Sgd 5.18 %
price 1,4187



Classic FX + 1.79 % (start date 10/08/08)
Have just added the following trades to be held for a shorter amount of time.


Eur/cad: short 1.5686 2
s/l 1,5711 0

Eur/chf: short 1.6133 7
s/l 1,6145 8

Eur/jpy: short 162.28 2
s/l 162,40 4




Classic FX +1.79 % (start date 10/08/08)
Position value: 523 %
Margine used: 10.65 %
 
Have just added the following trades to be held for a shorter amount of time.


Eur/cad: short 1.5686 2
s/l 1,5711 0

Eur/chf: short 1.6133 7
s/l 1,6145 8

Eur/jpy: short 162.28 2
s/l 162,40 4




Classic FX +1.79 % (start date 10/08/08)
Position value: 523 %
Margine used: 10.65 %
^These stops were hit. Have re-entered the same positions.



Eur/cad: short 1.5634
s/l 1.5719 8

Eur/chf: short 1.6195 8
s/l 1.6215 5

Eur/jpy: short 161.83 7
s/l 162.60 2



Classic FX +1.17 % (start date 10/08/08)
Position value: 271.32 %
Margine used: 5.67 %
 
Last edited:
^These stops were hit. Have re-entered the same positions.



Eur/cad: short 1.5634
s/l 1.5719 8

Eur/chf: short 1.6195 8
s/l 1.6215 5

Eur/jpy: short 161.83 7
s/l 162.60 2



Classic FX +1.17 % (start date 10/08/08)
Position value: 271.32 %
Margine used: 5.67 %
Have exited Euro positions. Usd/jpy stop was hit.

Eur/cad: out 1.5560 3

Eur/chf: out 1.6190 3

Eur/jpy: out 161.52 3



Classic FX +0.892 % (start date 10/08/08)
Position value: 224.7 %
Margine used: 4.68 %
 
Have exited Euro positions. Usd/jpy stop was hit.

Eur/cad: out 1.5560 3

Eur/chf: out 1.6190 3

Eur/jpy: out 161.52 3



Classic FX +0.892 % (start date 10/08/08)
Position value: 224.7 %
Margine used: 4.68 %
Have exited all previous positions.

Have entered the following positions.

Aud/usd: long ,8674 6

Eur/usd: long 1,4786 1

Usd/cad: short 1,0460 3

Usd/jpy: short 109,87 3



Classic FX +0.63 % (start date 10/08/08)
Position value: 102.45 %
Margine used: 2.03 %
 
Have exited all previous positions.

Have entered the following positions.

Aud/usd: long ,8674 6

Eur/usd: long 1,4786 1

Usd/cad: short 1,0460 3

Usd/jpy: short 109,87 3



Classic FX +0.63 % (start date 10/08/08)
Position value: 102.45 %
Margine used: 2.03 %
Have added the following positions.


Aud/usd: long ,8549
s/l ,8492 9

Eur/usd: long 1,4646 3
s/l 1,4571 3

Usd/cad: short 1,0485 8
s/l 1,0563 1

Usd/jpy: short 109,55 3
s/l 109,94 8
 
What the Fck are you talking about? I'm the only one capable of trading on this site.

Judging by the increased verbal ferocity & dark image representation, i'd assume the docs have reduced the strength of your meds Augustus? :)

Apart from that miscalculation on their part, it appears the world is agreeable to you?!

At least Sparky & his lieutenants haven't run you out of town as yet. I guess that's a positive.
 
Judging by the increased verbal ferocity & dark image representation, i'd assume the docs have reduced the strength of your meds Augustus? :)

Apart from that miscalculation on their part, it appears the world is agreeable to you?!

At least Sparky & his lieutenants haven't run you out of town as yet. I guess that's a positive.
lol, hello Ampro

..increased verbal ferocity and dark image representation. lol, I been taking etiquette lessons from a trucker in town. He told me about 'verbal strong points' and that my dear was a perfect example;)
..dark representations, when I first saw that image, it was like seeing home after 30 years. Pure joy^^^
That image in a 'nutshell' represents exactly how I feel about the New World Order and what they are doing to our Constitution & Rights.

Doctors? I've always felt that no one knows there body as well as them selves, so I believe in self-medication.

Miscalculation or underestimation, either way they are always welcome to contact me. ( that goes for anybody else out there) Umm yeah, I'm happy as a clam. I'm really worried about what's going to happen these next few years though.

..Big Chief and his L.T's, they do a good job. I think they have a chance to go big, main stream. I'd like to see more of a business atmosphere, by there being full contact info like an address and phone numbers for anybody doing work for the forum.

The way it is right now, if your a privateer you can't dedicate 100% into this forum. There's no one to contact, one is hanging on by a shoe string. You get in an argument with a nobody that has access to one's control and you could lose everything and have no way to remedy the situation.
 
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Have added the following positions.


Aud/usd: long ,8549
s/l ,8492 9

Eur/usd: long 1,4646 3
s/l 1,4571 3

Usd/cad: short 1,0485 8
s/l 1,0563 1

Usd/jpy: short 109,55 3
s/l 109,94 8
Have exited all positions. Stops were hit on a few positions, but the rest were exited at week close price. The account is basically flat, we had gotten a good run off our first positioning, but had to ride it out when USD's direction began to change (strong to weak).
I'm not worried about it though, I know exactly what the market is doing and we're going to catch it off-guard on this next positioning.
As a note, my positioning risk on my day-trades are 0.1%, for the previous years I had always used 1.0%, but have realized that trading within my week parameters this would allow a lose of up to 25% to accumulate if a position was taken once a day accross 5 pairs. 5x5=25:)
So bring us down to 2.5% risk per week will completely change/improve expectancy.



Classic FX -0.05 % (start date 10/08/08)
 
Last edited:
Have entered the following positions. Entered positions earlier, but was unable to post because I had wireless issues. I do have screen shots and statement of trades taken if anybody questions my integrity.



Aud/usd: short ,8574 4

Eur/usd: short 1,4668 5

Gbp/usd: short 1,8204 3

Usd/cad: long 1,0645 2

Usd/chf: long 1,1019 2



Classic FX -0.05 % (start date 10/08/08)
 
Have entered the following positions. Entered positions earlier, but was unable to post because I had wireless issues. I do have screen shots and statement of trades taken if anybody questions my integrity.



Aud/usd: short ,8574 4

Eur/usd: short 1,4668 5

Gbp/usd: short 1,8204 3

Usd/cad: long 1,0645 2

Usd/chf: long 1,1019 2



Classic FX -0.05 % (start date 10/08/08)

Wow, we're killing it on these positions!

+300 pips on Aud
+400 pips on Gbp
about + 200 on Eur


I am currently watching Eur/cad to enter on long later today.



Classic FX -0.05 % (start date 10/08/08)[/FONT]
 
I am currently watching Eur/cad to enter on long later today.



Classic FX -0.05 % (start date 10/08/08)
Have added the Eur/cad position. Still holding previous positions.



Eur/cad: long 1,5511 5
s/l 1,5459 4




Classic FX -0.05 % (start date 10/08/08)
 
Have added the Eur/cad position. Still holding previous positions.



Eur/cad: long 1,5511 5
s/l 1,5459 4




Classic FX -0.05 % (start date 10/08/08)
Stop hit on Eur/cad position. Let's go ahead and give it another try.

Current open position balance is +0.63%
*Still holding previous USD crosses.



Eur/cad: long 1,5414 1
s/l: 1,5323 2



Classic FX -0.21 % (start date 10/08/08)
 
Last edited:
Stop was hit on Eur/cad position. Will be looking to buy again the coming few hours. Eur/cad positions have been the worse trades of this week, but we'll continue as planned and look to enter long again.



Current open positions are +1.03 %

Classic FX -0.26 % (start date 10/08/08)
 
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