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- shodd replied Nov 29, 2009
Yup, higher than normal spread is a red flag for me. Sitting on the sidelines for a bit longer
- shodd replied Nov 29, 2009
Answering the question on face value here (ie ignoring context etc) - System 2 in a canter. Those 800 "system 2" pips are worth a lot more than the "system 1" 800. I'm sure you'll have lots of newbs saying system 1 because the win rate is ...
- shodd replied Nov 26, 2009
Well folks, I'm done for the week. Have a good weekend and see you on the other side
- shodd replied Nov 26, 2009
Geez you're keen!! I have 3 and that is more than enough! By the way Petar - I am not sure why you were posting your question in this thread, as it is clear you are not trading the methodology we do in this thread. I will give you one piece of ...
- shodd replied Nov 26, 2009
Aaaand I'm out at breakeven. Did not manage this trade optimally at all. Not too much you can do when your 4 year old comes in wanting to play footy.... Hindsight will also demonstrate that the stop placement was poor also. Anyway, next....
- shodd replied Nov 26, 2009
I'm still in. The retrace is probably just the usual lunchtime reversal. Don't like where my stop is at, but will leave it go. Earlier thought about bailing at 14 while watching the ticker, but got distracted and didn't follow through. So will leave ...
- shodd replied Nov 26, 2009
Fair enough En0x. I prefer however to make the proverbial hay while the sun shines - market is nicely trending today and it's very very easy to make pips. On these types of days I prefer extracting as much as possible out of them as it helps make up ...
- shodd replied Nov 26, 2009
22 has been breached, now setting stop at BE even though @ 49 it's a bit of a sitting duck level. I think we'll get close to 00 before 49....
- shodd replied Nov 26, 2009
A few buyers hitting the ask around 22-24, but not enough for me to bail on the position just yet. Will let it run for a couple more bars.
- shodd replied Nov 26, 2009
I wouldn't beat yourself up too much about that. The upswing was quite erratic and certainly not ideal trading conditions. Let's just worry about managing the current trade.
- shodd replied Nov 26, 2009
In the same trade Paul. Good to see you're still looking for opportunities. This sort of thing is what it takes to make it in the business.
- shodd replied Nov 26, 2009
OK it's a little crazy right now. Might go out for a bit to let things settle down. See you in an hour or so.
- shodd replied Nov 26, 2009
And out again @ 06 for a very quick +64 LOL
- shodd replied Nov 26, 2009
Back in @ 70
- shodd replied Nov 26, 2009
Out @ 73 for +41
- shodd replied Nov 26, 2009
Short @ 14 (got slipped a pip on the way down).
- shodd replied Nov 26, 2009
Morning folks. Lets see where the AUD wants to take us today.
- shodd replied Nov 26, 2009
Well the AUD has delivered nicely while the Euro is chopping up veges Anyway, I can tell through my broker on which side of the spread the last trade was transacted. By that I mean I can see when buyers are hitting the offer(ask) or when sellers ...
- shodd replied Nov 26, 2009
en0x - will respond to your question later this evening once things have settled down in the house
- shodd replied Nov 26, 2009
And out at 12 after the buyers stepped in again. +30 to make a total of +94 for today. That will do me, see you all tomorrow. Hopefully a few more will crawl out of the woodwork to share. Might start calling some of you trolls, as that seems to work ...