Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
First and foremost, I salute you for your service to our country. I try to always thank in person (in airports, etc.) the real heroes like you but hey, we'll make it a chatboard salute! I have a brother-in-law who just returned from Iraq who is a JAG.
I'm not familiar with the TGP or RLG products (or perhaps I am just not familiar with the acronyms)
I think Honeywell has made admirable attempts to minimize the amount of layoffs through cost reductions in other areas including 401K's, the furlough, etc. What I don't like is that they are not bounding those actions. For example, they had said that the 10% pay-cut would go through Q3. Now it is through Q4. Feels like it's going to become permanent, which means that many will be more willing to look elsewhere (if a job opens) where pay is more commensurate to ability. Economy is tough right now, though, so not a ton of opportunity out there (which Honeywell surely understands and is taking advantage of).
Hopefully things will be looking up by the time you get back, but that depends on whether or not we are successful in killing these attempts at moving swiftly towards socialism/fascism by our current government through Universal Healthcare, Cap-and-Trade and the Employee Unionization Act (to name the most damaging). If these things get through, you can kiss a return to growth and opportunity good-bye... all IMO.
TF - Yeah, it is. What's your take on the furlough and how Hwell is handling the economy? I'm currently deployed to Iraq and am wondering if I'm going to have a job to come back to. Things are getting worse, not better IMO.
Are you in the rotational program, or are you beyond that already?
Do you deal with any TGP or RLG products?
LTMatt - I work in Finance as well. I'm in M&PM Finance currently and have rotated between Sky Harbor & Tempe in various roles.
Good to see another Honeywell finance guy out here as an IHubber.
so this is where you spend all your free time...
:)
Closed the position at .8365. Made out with 37 pips gain.
Should've had my limit cover at 8348 but got a little greedy. My demo only allows a min of 100k positions so I only had 1 block, whereas my system should work by taking 3 block positions and selling the first with 55 pips gain and the rest at other Fib #'s
GBP/CAD stopped at 2.1029
Stop at .8379, buy limit at .8329
Moved stop down to .8379. Looks like I might make 100+ pips on this one
AUD/USD testing support @ .8359 and seems to be blowing right through. Might move stop down some before I leave to work.
Shot GBP/CAD 2.1007. Ideal entry would've been 2.1031 had I been awake to do it. Stop at 2.1042
Moved stop to .8392. Currently ahead by 32 PIPS. Hopefully this will keep going.
Going well. Ahead by 22 PIPS
Moved Stop to 8404. Target is LOTS of pips
GBP is a crazy one!!
err make that 700+ pips
My carry on the AUDJPY sure is lookin nice. Wish I woulda taken a larger position.
For some reason interest isn't being credited to my account, but the trade has made 280 pips so far so I'm not complaining :)
Long 2 lots EURJPY 155.83
Entry
EURCHF long 3 lots 2x1.6123, 1x1.6121
Limit Stop
1.6171 1.6114
1.6205 1.6114
1.6260 1.6114
Entry
AUDUSD Long 2 lots
.7829
Limits .7873 & .7895
Stops .7818
GBP 2nd limit hit +76pips
EURCHF stopped out all 3 lots -9pips
lmao.....
how bout the euro/usd!!!!
And just what do you think is so funny, eh?
j/k
Not a slow start at all. As it turns out I just changed my trading technique to focus on larger, longer term price movements which you can see the results of on the page.
I only got 15 posts a day, easy to run out.
EURCHF moved stops on all 3 lots up to 1.6113
GBPUSD +30 pips
1st limit @ 1.9475 hit, moved 2nd lot limit to 9521 and limit to 9440
Had I left my limit buys at the original price of 1.9434 they would have filled right around the bottom, but I got a twitchy trigger finger I suppose.
Got stopped at 155.30, so only made 12 pips on that lot
Entry
Long 2 lots GBPUSD 1.9445
Limit Stop
1.9475 1.9417
1.9510 1.9417
Entry
3 lots EURCHF 1.6116
Limit Stop
1.6165 1.6096
1.6195 1.6096
1.6248 1.6096
Looking for a good price to go long GBPUSD here
3 lots w/ limit buys @ .9435
Moved last lot's stop to 155.30. Other two limits hit for total of +163 pips profit weeee
err make that 300+ pips
Lost quite a bit goin long GBPJPY earlier today. I guess I was a little premature. The pair should keep going for a 100+pips from EMA's here
Nice trade so far. Turns out I couldn't wait to add and I'm glad I didn't. 3 lots average 155.18
In a little EURJPY, gonna add after the next high is broke
First target hit
Entry
GBPJPY - Short 2 lots
230.87
Target 230.70
Not going to make any more trades for the majority of the day. I don't like how the pairs are acting. Everything seems to be screwed up with all the pressure on the EURUSD. I didn't make very good trades and ended w/ my account down .44% from the start this morning
Entry/Exit
USDJPY - long 2 lots
119.32
Closed
119.22 -10pips :(
Not sure how long I'll be holding this. Was looking for good entry for uptrend.
Entry/Exit
AUDUSD - long 2 lots for scalp
.7793
Exit
.7795 - +2pips
As it turns out I should have held. My emotions got the best of me.
Exit
EURJPY -2 lots
155.28 +4pips
I had to leave and readjusted limits to 155.142 w/ stops 155.25. Came back and got frustrated and sold. My intention is to stay profitible which is what I did here.
Exit
EURJPY - 1 lot
155.31 +1 pip
I'm reducing my risk here as I now only have two lots open.
Commentary
There is more support than resistance here, but the pair is narrowing into a pennant formation (I believe that's what folks call it).
A break to either the upside or downside will see a large and quick pip movement. I'm betting a break to the upside, but we'll see. The EUR has had some weak fundamentals and JPY will be raising rates within the next few months.
Edit here it is
Edit - I believe the upper bollie is causing resistance
Entry addition
EURJPY
155.22 - long 1 lot
Target 155.37
See this is what I was writing about. And that is the problem of trying to buy in the middle of a move.
1st Post by LTMatt
I ran out of posts yesterday. I'll post my strategy in the Ibox.
Entry EURJPY
155.30 - long 1 lot [edit added 1 more lot at 155.30]
Target 155.37 [I post these in real terms, so target+spread is 155.40]
Stop somewhere below trendline
Pair is in a upward sloping channel and using M2 as support which it just so happens is where I plan on buying another lot if it goes there before my target price.
Followers
|
0
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
53
|
Created
|
01/08/07
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |