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The Forex Thread (FX)     

hilary - 31 Dec 2003 13:00

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Forex rebates on every trade - win or lose!

Tellon - 26 Nov 2004 16:53 - 2082 of 11056

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Tellon - 26 Nov 2004 16:53 - 2083 of 11056

Not my chart but a guy who seems to have pretty good forex calls.

Food for thought..

Have a good weekend all.

Tellon - 29 Nov 2004 07:18 - 2084 of 11056

Morning All,

Looking like a possible short this morning? Any thoughts..

hodgins - 29 Nov 2004 07:29 - 2085 of 11056

small (tiny?) overnight short /$ via sb from just under 1.8960
38% fib retracement to 1.8875 or key interim support 1.8750
but still reluctant to do much against longer stronger trend

Tellon - 29 Nov 2004 07:36 - 2086 of 11056

Short Euro myself again tiny amount. 1.3251 same fib retrace entry. Not expecting much with the overall trend up.

hilary - 29 Nov 2004 07:44 - 2087 of 11056

I think that you've made the right move this am, Tellon.

edit: Could be a bit of a tug of war till something gives .... cable still wants to go up.

Tellon - 29 Nov 2004 07:47 - 2088 of 11056

Thanks Hil,

People in another forumn have 1.3235 as fib support. 1.3180 as trend support. So looks like there may be some buying to get through if its going down.

Tellon - 29 Nov 2004 07:59 - 2089 of 11056

Ive moved my stop to 1.3273 just in case it reverses and will let in run for a bit.

Tellon - 29 Nov 2004 09:53 - 2090 of 11056

Stopped out, Looks sideways to me.. Going to leave it now till tomorrow.

hilary - 29 Nov 2004 09:58 - 2091 of 11056

That's what stops are for, T. You didn't do anything wrong, imo. But no strategy will work 100% of the time.

Like you say, leave it till tomorrow now ...... it'll still be here.

edit: Ironically cable would have been the better play despite that initial strength.

Tellon - 29 Nov 2004 11:02 - 2092 of 11056

Its a learning Curve to I think.. The more screen time you get the better you get at noticing whats going on... Going to keep going.. Try to stick in there..

I think also going against such a strong uptrend wasnt likly to yield much..

Tellon - 30 Nov 2004 07:10 - 2093 of 11056

Feeling long this am....

hilary - 30 Nov 2004 07:16 - 2094 of 11056

Agreed. Choose your time though. I might not be around for long ....... can feel a migraine coming on ..... may have to go back to bed.

Bobcolby - 30 Nov 2004 07:19 - 2095 of 11056

Tellon
I have just gone short @ 8918. But only looking for smallish correction in upward trend

Tellon - 30 Nov 2004 07:22 - 2096 of 11056

Just gone long @ 3257

at least One of us will be right...

Tellon - 30 Nov 2004 07:32 - 2097 of 11056

Woohoo +1 pip so far!

now if only id done a million a point..

Hows the head Hil?

Bobcolby - 30 Nov 2004 07:32 - 2098 of 11056

I closed my short, flat, but will watch for a while before going long
Just seen hilarys post. Hope yr migraine clears up.

Divetime - 30 Nov 2004 08:52 - 2099 of 11056

Morning all
Long Cable from 18905 wide stop, can`t speend to much time on the screen today.

Bobcolby - 30 Nov 2004 09:27 - 2100 of 11056

I am going out so wont trade cable again today. My lesson for today was I had good entries but closed too quick. Shud have had 30 pips on earlier short and closed flat. Went long 8908 and closed at 8922.It is now at 8947! c u tomorrow.

Tellon - 30 Nov 2004 10:24 - 2101 of 11056

You win some you lose some..

Im still long from this morning. Looking to maybe move my stop shortly..
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