Currency trading (Oct 16th > 20th)

wheres it going and whats your favourite? (split)


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Just gone short 8695, stop 8750, ready to throw away some pips!

Sorry, i 've been drinking.

cut loss at 8720, -25 pips.
 
Last edited:
Blast. I now have a Euro long signal target1 1.2595 T2 1.2610. Still short on cable and can only see this reenforcing cable to the long side.
 
good morning all,

my system was short yesterday, i traded,exited and reentered, effectively short from 8671.
this morning my system said buy on stop and reverse at 1.8722, luckily i entered long at 8705
(so minus 34 pips yesterday) i think i will be looking to take profit at 1.8840.
my system target is 1.8894, no protective stops.

the probability framework is as follows;

open 1.8716
spike high so far 1.8725
spike low so far 1.8691


lt3 1.8840 0.153
lt2 1.8785 0.376
lt1 1.8755 0.617

bstop 1.8722 0.891
sstop 1.8706 88.3

st1 1.8678 0.594
st2 1.8650 0.362
st3 1.8607 0.155

hope you all have a ball today!
(how do i get these posts to stay in columns?)

 
Morning all,

Decided to switch the news feed off today, don't understand fundies that well anyway and find myself being too influenced by the flashes during trades. Orders in, let the games begin.
 
zuke said:
Target 1 hit! for +53.
Stop moved to b/even. I now have 2 lots running from:
LONG 8618
Target 8775
Stop 8618

Will leave to run til stop or target hit.

Still have 2 lots running on this trade but stop is now on 53 pip trail (currently 8683)
 
Offshore Trader said:
Zuke is the number 53 significant or is it a secret?

no....nothing more glamarous than the size of my original stop.
 
Uphios said:
Blast. I now have a Euro long signal target1 1.2595 T2 1.2610. Still short on cable and can only see this reenforcing cable to the long side.
....both Euro and Cable seem to be in synch again now downside?
 
ChowClown said:
....both Euro and Cable seem to be in synch again now downside?
Not really, wish they were. Euro is still to the long side but making signs like it may fail. CAD failed yesterday but Swiss, Pound and Yen all signalled long and made their target. If Euro can get below about 1.2525 then long signal is cancelled. I can't actually see a nearby short signal on Pound, though there is a nearby long. I'm just hoping DC was right and we see a sharp retrace today of about 150, though where it is coming from only he knows.
 
Uphios,

the retraces to the up-moves have been very weak, so that may be a good sign.

would prefer the retrace to happen this morning, and the us session to recommence the up-move.
 
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