Really poor run in trading.

[Masquerade]

So the long is looking good at the moment. A long off support would be a good idea if it drops a little, but I don't know how you trade a pair like this.

 

[Stuart14]

Yep, now it is above that 7840 level I imagine it will range trade again. Steering clear this time though!

 

[Masquerade]

Are you still out of it stuart? How's things going? Looks like it jumped up about 80 pips from when I posted my opinion on going long for 80+ pips.

 

[Stuart14]

Yeah I got stopped out yesterday mate. Your call was bang on though, nice work.

Only 2 trades live at the moment, a DOW short and my NZD/USD short. Watching everything else.

Trying not to let fear get me, waiting for the right moment before getting back in.

 

[Masquerade]

Why are you short Dow? Are you expecting bad data this afternoon and what stop are you using? NZD/USD it's not something I trade, but the $ strength should help you out some today.

Good luck with it

 

[Stuart14]

Took the DOW trade early yesterday. 100 pip stop, haven't moved it. Playing the retrace from the recent rally, which combined with JP Morgans data yesterday will hopefully play out.

 

[Stuart14]

Moved my DOW stop to my entry price. It has bounced off a weak rising trend line, watching to see if this reverses. Hopefully not.