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[VielGeld]

Ha, I almost immediately went -5 once entering.

If 102.33 doesn't hold, I'm cooked.

 

[wackypete2]

high was 1.0737

 

[VielGeld]

-8

Where'd my win streak go?

 

[wackypete2]

exit 1.0712
was only a 1/2 position = +6.5 pips

 

[VielGeld]

Long 102.296

I know I'm gonna regret this one. It has the feel of impulse, and revenge.

 

[wackypete2]

-8

Where'd my win streak go?

All good things must come to an end. lol
Be glad you weren't in a losing streak!

Peter

 

[wackypete2]

This is how I remember trading the asian session. February has been great. January really really sucked. Virtually no moves at all to trade. Glad it's back

Peter

 

[VielGeld]

All good things must come to an end. lol
Be glad you weren't in a losing streak!

Peter

That was actually my third loss in a row, lol. Haven't made a trade since last night.

-----

Anyway, this trade seems to be working out, which means I'm about to lose it all.

 

[VielGeld]

Out -2. Streak is at 4 now.

I think the overall trend is changing. I might switch to going short now.

 

[wackypete2]

At least your losses are all small. 1 win gets it all back.

Peter

 

[VielGeld]

Yep, pretty much. Not sure Asian session moves enough for that, but a couple good trades should get me right back on track.

 

[forexkunta]

I think a short would be a better option right now myself. And I am short at 102.22

Out -2. Streak is at 4 now.

I think the overall trend is changing. I might switch to going short now.

 

[wackypete2]

I think a short would be a better option right now myself. And I am short at 102.22

I agree. I think both eu and ej are moving down for a while.

Peter

 

[forexkunta]

Hey Peter,
What is your opinion of Forex.com as a broker?
Kent

 

[VielGeld]

Short 102.332

 

[VielGeld]

Ok, I feel better about this trade, but damn. I'm going up against a ton of supply. How far can it go?

 

[VielGeld]

Out +5.

Way too much supply down there and needed to break the loss streak.

 

[VielGeld]

Oh, that reminds me.

Pete, I've been meaning to ask. This morning I was watching the E/U and at some point around 9 - 9:30am I was thinking "this PA isn't natural, it should be selling off hard", then I think I noticed someone was holding up the price.

Is it possible some banks purposely hold up the price for some reason? The PA totally gave it away, I think.

 

[forexkunta]

oops, trigger on G/U in at 1.5682, and I am short.

 

[wackypete2]

Hey Peter,
What is your opinion of Forex.com as a broker?
Kent

I had an account with them around 2006. I liked the ForexTrader platform and the ForexInsider commentary. The platform had all the bells and whistles that I needed and was simple to use. The reason I left was because at that time the spreads were too wide (fixed back then) and I was getting requoted like no tomorrow. I know they have made significant changes and upgrades since then, spreads appear much better and they offer esignal charting I think.

Try out the demo and see if you like it.

Peter