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& here's hopin dem bugs be gone come 1/1....sure would make it tonz more fun to follow along.
It's all yours.....as stated, I've closed out my month as far as I am concerned. I'm simply playin along w/the rest of the peddle to the metal players. Since ystrdy I really haven't been trading even remotely close to my typical M.O. & would never in a kazillion yrs ever trade this way live...so it's all BS trading now...for me anyways.
Congrats on your month....we were quite close...even tho Oanda speaks differently...very strange how that is....& again...that comment in no way is directed at you by any means....I know you played fair & never thot for a second you weren't.
For the record...I dont ever recall sayin or even implying you weren't playing by the rules....as for the other ghosts up near the top who've yet to fess up (or any others for that matter)....that's another story. & I'm not implying they might be knowingly breaking the rules either....heck, if they dont even bother to fess up who they are here, whose to say they even follow along here or even truly know what the rules are or care for that matter.
All I'm sayin is...the #'s smell which we all know....& the fact that most who sign-up (especially this month) go under the radar makes it all the more suspect.
Bottom line....the contests will continue to be tainted until Oanda steps up to the plate. As for folks goin under the radar...not all that big of a deal as long as we can trust the daily figures comin oudda Oanda....otherwise folks need to fully disclose or it's all bogus until all the logs are properly reconcilled.
& if Oanda doesn't fix the bug....I guess folks who sign up for the yearly gotta try & decide how they wish for those standings to be updated.....guess I shouldn't even go there...lol
Well then we aint all that far apart....I have 4 open gold longs which are close to hitten all their tp's....if they do....I'll be north of 110K.
& going forward....I'll play that way too....I surely aint gonna be the only one who fully discloses....u wanna keep it close to the chest....I'll play that way as well.....but all that will mean is (unless of course Oanda gets their reporting house in order) it'll be totally pointless to post the standings at any given time....since the #'s are not credible (& not even remotley close) what's the purpose of posting the rankings?
& furthermore....to make it all on the up & up @ the end of the month...you would have to post the final standings w/accurate trading logs, PR %'s, etc. for everyone to see where they actually stood up vs the group....wadda pain that's sure to be....more power to ya for dealing w/all that microscoping thru all the logs.
"The currency will gain 3.4 percent to $1.40 per euro, according to the median estimate of 42 strategists surveyed by Bloomberg News. The dollar is down 8.9 percent this year to $1.4497 per euro after weakening 10 percent in 2006."
Sounds logical to me...retracing back & erasing a lil less than 1/2 of its' losses on the yr....I'll buy that.
& Dr. S.....neutral works as well.....well see how low it goes after this Bhutto event.....baring no further events such as this (which is impossible to forecast of course) it could prove to the bottom we've been looking for. Give it a week or so to all shakeout & who knows, maybe by then the greenback will be a decent long trade moving into '08.
Here's hopin.
Cheers!!
Wonderin how long the Bhutto news will be a factor as far as the charts go? As in shorting the greenback & going long on gold, etc
I'd have to say that for at least the next day or so....it'll be a lil harder to put as much faith into the charts as we typically do.
Yeah.....what he said....
there, how's that for being brief?
& Oh how did both my overnite positions dodge a bullet (no pun intended...especially since a staunch ally in Bhutto got hit) w/that one.....my gold hit its' it tp mark of 822.285 @ 2:45a pst & closed out & my Aud/USD short hit its' tp of 87475 at just after midnite......would gotten clobbered on both if I was just a lil more greedy.
So indeed....a small bruise as it relates to the monthly....but considering what it coulda been....a triple charlie horse :0 I'm quite happy.
Just went long gold @ 829.289...as crazy as it sounds, in this neighborhood w/this Bhutto news I think gold is good for another few bux per ounce here.
It's events like this that is just one more example of exactly why I think going forward gold is a no brainer.....then ya mix in all the econ news for the icing & you're "golden".
BTW....when do we reset for Jan? I'm ready & willing at anytime. I really have no desire at this point to really wanna mess around in "gambling" outside of a disciplined trading strat...altho it'd be fun.....what's the point...there's no real educational value to it imo....& at this stage....even IF the Oanda #'s are legit (FAT CHANCE) overecoming a deficeit of several hundred competition % pts wouldn't make me happy one bit...I wouldn't view it as a true trading win cuz I'd be trading way outside of any strat I (or anyone else w/a 1/2 way decent trading agenda for that matter) would ever dream of implementing....I'd most likely fair better in Vegas playin roulette & bacarrat.
But by the same token, if this is how the majority here wants to play it.....fine by me....having said that.....I'm done @ a skosh under 106K @ 105,996.78. & if anyone else wants to divulge their true #'s prior to the trading logs being "cat"alogged"....by all means....I welcome full disclosure at anytime...as you all know by now...sure wish it wasn't that way & Oanda would get off their duff.....maybe it's a New Years slated fix for them?...here's hopin.
OK....this will serve as my last soap box ramble for '07....& for '08 it'll be a clean slate....so instead of callin me Umpa Ishmail in '08....howzabouts 'Dr. Seuss' whose soap box was goosed & eatin by the fox w/a slice of lox ;)~
& if ya add a lil silver to that not only do ya have a good novel (as in Long Dong Silver :0) but you'll also have a decent long term trade as well.
Yeah but by the looks of the chart it appears as if that news came out a lil over 2 hrs ago....& if so I'd venture to say that that lil spike is thru w/the initial 20-30 pip spike.... could be wrong on that tho...haven't checked out the link yet.....& truth be known,I just went in on a short term tech reversal off everything right thru the 30 min chart.
Not sure how much more legs to the upside its' got....sure has gone north fairly steady all day that's for sure.
So will it be a fundi rally from here or more of a tech retrace??? We shall see.....all I can say is...."go tech!!"
;)~
OK...fine...u wanna play some mo' Mr. Rear View....
another Aud/USD short @ 8752 before I turn in...& fur good measure u can add another goldie short @ 824.08...take that u crazy feline ;)~
Check that.....shoulda read...
"...of the S.S.Banner..."
How dare I hack up that fine lil diddy :0
As I thot....absent of acct bal ;)~ ...
& RD....musta've been the infamous Roseanne version of the S.P. Banner....I just hope you weren't doin a Michael Jackson at the same time & pullin your jewels...now there's a vision I can do w/out :0
Cheers....or shall I say "bottoms up" w/that draino concoction?
Pls tell me you banked it on a long gold trade.....that would be the cats meow fur me :0
Nice goin Kimosabe....tho will you divulge what the acct balance is...that's the ?...lol
Got that over with...finally...& w/a slight profit ta boot. Closed out the last trade I had left on the books for the day for 2+ pip gain....banked approx $2,700+ today...a lil less than my daily ave for the mos I suppose...but what the hay...I'll take it considering I wasn't planin on doing anything at all today.
Now lets wait & see how our 2 ghosts @ #1 & 2 did today...then again I suppose w/out their honest input on where they truly stand....we'll never really know until the MOD powers that be place their logs under the mighty microscope....who knows....maybe they pulled a few fast 1's & took some out..or added? I gotta admit...it's all a lil suspect imo....seemingly out of the blue they both banked fairly sizeable amounts over a very short timeframe....less than a few days.
But there I go again...I digress....back to my new '08 reso ways....& w/that...this post has come to an end...& an abrupt one at that....for me anyways....hey, I'm workin on it ;)~
Sounds good....gl w/it....we're all rootin for ya....
just bailed oudda both gold shorts....1 @ 824.202 & the other @ 824.064 for a combined tp of $1,863 & change.
Still doin battle w/the Aud short....3 pips now under water there....cant seem to get a leg up there....which is why I really have grown to love the long Aud trade over the last few mos.....much easier $$$ on that side. At any given time the most I was up on that 1 was approx 2 pips over the last 5.5 hrs since open'n that 1 up.....a bit too long for me....might just say Uncle & bail on it w/the slight loss....tho that aint my style ;)~
Can't argue w/that my friend...tho I'll tell ya what....if succesfully backtested, I'd try & pool together approx 20 others & go in on one to share w/the group...lol
Just closed out the long usd/chf @ 1.15157 for a 13+ pip gain....good for $701 & change demo dollars....hey, sometimes goin w/the gut & doin the opposite works out....especially if the chart is in your favor...lol
Still have the short gold & aud/usd to contend with....actually added some to the short gold position & net up on that...albeit it by jus 50 pips....under water slightly by 2 pips w/Aud trade.
& btw...I like your sign off....I guess you should give us your calls in r/t...then we can do the opposite...like my strat today w/myself...lol.
Like u say....in advance or at least in r/t is preferred.
A doub per month over a 4 yr span....thus the ? begs...why is he giving out his strat & for free no less? Maybe we'll be seeing a late night infomercial soon?
Must be a Saint or some kinda Angel ;)~
Keep those calls comin Reminder....heck if those #'s stand up going forward...I just may indeed open up a live one in '08 :0
Cheers!!
Only issue is...just WHO are danvelvet & twistrer95? Thus far I've yet to see anyone fess-up....& why is beyond me...even if it were someone's sub acct.
At any rate....sure I wish I was playin gold long right now....WOW!!!
Having said that, I'm tempted to give it up on the month as I'm pleased w/my results.....so having said that...wtf....I just may put the whole acct up on a gold SHORT...hehe
& w/re to the follwowing link.....you better believe it...lol
http://www.thestreet.com/s/gold-bulls-eye-1000-bullion/newsanalysis/metals-and-mining/10394807.html?puc=_htmlttt
OK..here's what I did....goin w/my gut & doin the exact opposite...pretty much cuz I've missed my runs in these 3 over the last 24 or so (long gold, long aud/usd & short usd/chf)....& as stated....at this point in my own mind, I'm closin out my month & not gonna be treatin it as disciplined as I typically do.
short gold @ 825.063
short aud/usd 87385
long usd/chf 1.15024
OK...in tryin to keep w/my NY's reso.....da da da datz all folks...
Hope all had a very merry-merry...& as always
Cheers!!
WB
dar she blows.....thx Kimosabe.....
& a nudge up on the dow..albeit jus by a measily 10 eh....thot fur sure we'd be seein some early profit takin after Fri's rally legs.
Thx again 4 the link there.
& on that 815 gold quote the Bloomy piece said was from last week....I think they meant the week before last....specifically on the 12th as it appears from the chart.
I realize it's Sunday 'n all & we're starin the holidays right in the mug here.....but sheeesh...is it ever quiet in here.
This lil Bloomy piece on gold is sayin it could rise w/a total of 14 gold Guru's bullish...just 1 a bear & 12 neutral (most likely all women...lol)
http://www.bloomberg.com/apps/news?pid=20601081&sid=a_LWuTPtP67k&refer=australia
If the bulls are right...then I think last weeks high of 815 & change is a no brainer & we could quite possibly revist the 830's all over again.
Looks to me as if it has built a fairly respectable base here in the high 700's to low 800's....if I dint know any better (& I prolly dont..lol) I'd say it's gettin coiled again for a nice rally testing the previous high's.
& this piece about debt & we Yankee Doodles love for credit cards & that bill now finally comin due surely isn't gonna be of any help to major indeces....in turn also helping to support a continued gold rally.
http://biz.yahoo.com/ap/071223/credit_card_crunch.html
Just some early Sun eve mussings here as we see how the markets aroud the globe figure out which way they wanna churn.
& I typically dont go grabbin positions so early on in the 4x week....but as soon as the spreads came down I grabbed some long aud/usd @ 8680....the thinken here is that the US is gonna open down (albeit on low vol)....& on that note....anyone have a decent link as to the pre-open futures...think I saw someone a few days ago post it? Would be a helpful link...especially on Sun as the 4x markets begin to wake up for a new trading week.
Well w/the exception of the last few days....this board was all but dead...here's hopn we can bring it back to life.
Having said that....here's a topic to chew on.....what say you Dr. Sean w/re to the dollar being BMOC as opposed to gold?
AtaGlance.....I of ocurse already know your comments on the matter ;)~
As for me Dr. Sean...I lean towards the belief that gold has replaced the dollar as the new currency barometer....& actually, I don't think it's all that new. IMO it's been that way for quite sometime now...it's just that our "wonderful" domestic government body of econ "know-it-all's" refuse to admit it....after all, if they did they'd be admitting a failure of sorts.
& as for my dollar call going into 08....tho I do think (& of course hope) the bottom is w/in sight, (we may not be quite there yet) BUT by the same token I don't think it'll be rebounding anytime soon...at least back to the levels from where it began its' freefall...that much is obvious imo. Far too much uncertainty in US all around w/many topics....subprime is still somewhat of an unknown of course (tho we are making headway as far as being able to gauge just how bad it will truly be) amongst a few other lil bug-a-boo's....such as the uncertainty of the election in Nov being one...& if the dems get into office (which is lookin like a fair call @ this time....still a ways to go however) then who knows what troubles may or may not lay ahead for the U.S.?
So I suppose you can label me a dollar bear for the time being....but reserve the right to change my tune should we see a true bottom form w/an honest to goodness trend reversal....& for said reversal to occur it'll take at least 2-3 months to truly know for sure....& even at that it could still run into some trobule as the election in Nov draws near.
Bottom line, all (or much of) the uncertainty in the U.S. needs to be resolved 1 way or another that's fo'sho in order for the greenback to have any shot at all in making a decent attack on previous highs.
In closing, here's to a lively'er greenback board in 08 & the dollar recovering from its' latest illness.
Cheers & a very healthy, happy & of course prosperous '08 to all.
WB
Kewl....& indeed
"and last but not least, shoot the breeze with each other as we wait for our trades,or are just bored..."
adding a "bit" of color commentary adds some sparkle to what could very easily be some very boring stuff.
& w/re to the greenback being the MacDaddy of sorts.....I still say it's takin a backseat to gold & will continue to do so as time marches on. But agree in that the greenback is oh so important as it relates to the currency mrkt & thus should never be ignored.
Will take a looksie in on the dollar board as well....thx again for all the tireless work you do for these boards & in turn for all the folks who hangout here.....it's not said enuff but you should know it is truly appreciated.
Cheers to the Feline Sage!
It's all good Max...& so ya know...w/re to communicating w/clarity & thus being concise....I can surely relate....have ya seen some of my lengthy posts yet?.....which is why you can feel free to "call me Ishmail" as I've recently referred to myself as ;)~
Tho I've made a promise to the other board (& this one as well of course) that 1 of my NY's reso's will be to try & take it easy on you guys in that respect....short, to the point, concsise & as topical as possible w/out steppin too high onto my soap box & goin off on a rant or 2 (lol)...that will be my IHub goal heading into '08....& since it's a promise I made....guess I can't say "no promises" either ;)~
& so ya know & since your thing is long term trends....AtaGlance just started up a yrly competition. I love that idea (actually suggested it several weeks ago but it took another more respected poster to ask for it...since I'm the Dangerfield of that board it seems..lol) because I feel that a 1 month competition doesn't truly make a statement as to how good of a trader one is. Indeed it's the long haul #'s that truly reflect how good you're. So I hope you decide to join up w/us on that one.....would be a hoot to see how we all fair up against each other w/our various styles & strategies over the long & grinding haul.
However I do feel these monthly competitions have helped me tremendously as I've improved over each month.....it's just that at the end of the month everyone feels compelled to go boom or bust over the last few days....which is the reason why I feel the monthly's dont truly give you a real accurate gauge as to what type of a trader you really are.
Cheers!!!
Not sure what happend w/me on that 1....I tried using Worn (as I did in the 1st month) but for some reason they turned me into Raiderdad (my username) & dint allow me to use my screen name....another oanda bug perhaps....who knows? But as you know, you dont need to worry about me trying to hide anything (as may be the case w/others it seems) as that's not the game I play....ie 'Hommie dont play that way" lol
Thx for settin up the yrly....& I like the fact that you decided to start it a week into Jan & end it before Xmas....nice!!
& Jester...I hate to dissapoint but 1 of my NY's reso's is to "let it go" w/re to the Oanda "plague". I'll just trust good folks like Don to double check & filter thru all the #'s & make sure they are legit....& at least for the yrly.....seems he'll only have to do that maybe once a month to stay on top of it all...otherwise he'll surely have his work cut out for him come late Dec...quite the trading logs to have to go thru :0
& w/re to my novels...who knows...maybe I'll pony up for the subscription...that way I wont feel the need to say what I need to in 15 posts or less a day...so pick your poison....75 short posts a day...or 10-15 novels? lol Actually....here's an idea....IF I win this month (aheeem...again...hehe)...instead of gettin the book..howza abouts u fellerz passin around the "kitty" & buyin a subscription for me.....that way I wont feel so compelled write these novels adnauseam & bore the sox off ya's ;)~
Heck....perhaps I should be askin for it all.....the book & the sub....I think that'd be a nice added lil bonus for winning 2 monthly's in 6 mos time....hehe
Just kidden of course.....I realize the book is what I really need here.....the sub I can surely pony up for....just gotta decide to get off my duff & actually do it.....either that or quit written these epics...then again, who'd entertain you guys & thus be the butt of all your jokes? I'd like to think I do serve some purpose here....other than settin the monthly bar ;)~
OK....login off b4 the head swells any more....woops....too late :0
Agreed on all counts SG....
most traders (especially the newbie's...but many well seasoned pros as well) decide to simply sit out during the FMOC meetings & several other key calendar dates for this reason.
It's way to volitile & many times the way in which the various pairs tend to trade during these times goes against all common/practical sense...thus it is next to impossible to play these events w/any serious capital & not recommended...even for the pros out there.
Wait for it all to shake out & then find a new established channel & jump back in...that's the safest way to play it & will keep one in the "game" a lot longer.
OK...game time here.....checkin out for now.....maybe check back at 1/2 time.
Cheers!!
I aint so worried about it.....just think that for those who aren't MOD's...it's impossible to keep up to date w/where we truly stand....thus, it reduces the fun a bit....& as for the MOD's (as in you) trying to figure what everyone's true #'s are.....I gotta assume that's one huge pain in the rear...especially this month where there's like 40 on the list.
& if the winner doesn't post here.....how do you contact them?...are you also privy to their email addy's that they've put on file @ Oanda? & if they don't contact you & or it's a bogus addy....I guess you then have to go down to the next contestant eh? Wadda hassle for you.....surely doesn't make me wanna be a MOD :0
But agreed in that main goal here is to become better traders....for which I feel I am doing.. Seems each month I tend to do better & better....so I'm quite pleased w/the steady progress...just wish the monkey's in the back room over @ Oanda would get all those damn banannas oudda their mouths & fix this seemingly simple prob.....whatever.
Lookin forward to Jan & am hopeful that we'll find a steady base here for the greenback...tho I'm not so sure how close to its' previous highs (prior this yr's freefall) it'll get? That might take awhile to shake out....at least until after the election in Nov & we see just exactly what kinda new econ policies Uncle Sam will be tryin to sell us then :0
Indeed SG....a healthy debate among the many various strats can't hurt.
All I gotta say w/re to the demo accts is.....if one is thinking about going live, I feel they should first trade w/a demo acct & treat as it were their live acct & fund it by the exact amt they are planning on funding their live acct. This is the only true way to gauge wether one's strat may work. & of course even at that, considering the timing aspect of it all, one could end up doing quite well on the demo acct...then open the live acct & treat it precisely as they did the demo & get cleaned out. So really again I go back to mentioning extreme caution....especially w/under capitialized long term strategies....& I am not sayin Max would be an under capitialized acct...not at all.
& Max....thx for the very clear explanation....note that in no way do I feel you need to justify yourself hhere to anyone...let alone me....all I was tryin to do was to communicate caution w/re to long term trades....sure a long term trend can look great on a 3 hr, daily, etc charts...but when you got to break it down you will see that in 100% of the ocasions, ALL pairs could swing more than 200 pips in any direction.....if you happen to have the profits at the time of a trend reversal & or a bankroll to wether those storms you will do well.....of course as long as you've nailed the long term trend & it doesn't make a total reverse on you.
& w/re to Soros....I assumed you didn't have that kinda capitial....after all, why on earth would you be posting here if you did? lol I was just curious if you knew what kinda ammo/capital support he had when he made his move into 4X.....this will of course tell you what his "insurance" (so to speak) was for entering this arena.
Again Max...BOLTY & everyone else here who trades this beast of an exchange.
Cheers!!
Sounds good Max.....hope you can immulate Soros' track redord or even come remotely close.
Just curious tho since you mentioned him.....do you know what his beg 4x bankroll was? Somethin's tellin me he had a serious wad of ammo when he began to make his move into the currency mrkt....something most traders do not have the luxuary of....but if you happen to be of the minority who can begin w/a decent amt of capital ta get ya started off on the right foot w/a long term trading strat...mo'powa 2 ya.
Oh for the record....I wasn't talking about scalping as in a few pips....more like a minimum of 15 pip moves.....the strat I was ref to was for trades in the 15-50+ pip moves or thereabouts....most certainly enuff to bank some decent short term coin...& there's consistently several opps per day over many of the pairs that present itself...as I am sure you already know.
& w/re to "less is more"...most certainly agree w/that 1....I tend to ave approx 4-5 trades a day at the most.
Cheers Max.
A few comments of caution w/re to mid-long term positions....
not sure exactly what your def of mid-long range is?...but if it's under a few days than for the most part you can disregard the following...lol
Unless you are using fairly wide stop losses & or have an ample bankroll so as to cushion any severe swings against you, this type of trading strat can easily & quickly wipe we lil fish out in a hurry. I suppose the other thing is that if you are able to pull the trigger fairly close to absolute tops & or bottoms (long or short plays).
For we lil fish who tend to be capital 'challenged' (as I like to call it) short term plays w/tight stop losses are safest....nothing more than a few days....after that the odds tend to go against you.....& especially if you're payin daily rollover fees as most brokerages charge these days..that can quickly add up if the trade goes against you for several days.
I've found that the safest plays (especially for those who are new to this exchange...like me) are those that run no more than a day or 2 at the most...that's my def of mid-long term for this exchange. Preferrably trades that are open for a few hrs tops are the one's that prove to be most beneficial...ie less long term exposure = lower risk...which of course = lower rewards for the most part as well....but in this mrkt, lower rewards can prove to be very rewarding....if ya get my dirft..lol Fast turns are the way to go here IMO.
I just hate to see folks have bad 4x experiences right out of the gates....& making matters worse is folks who begin w/high leverage & low opening acct balances.....under 10K. Best thing to do (as JRB told me several months ago) is to begin w/the lowest possible leverage & take very small positions & get out as soon as your trade shows a lil green. Build your confidence slowly (hopefully you'll have none at the beginning....otherwise you could be in for a heep of trouble...lol) & never let it get to your head....cuz then folks tend to think "this is easy" & begin to take larger positions (& increase their leverage as well) & all of the sudden....KABOOM!!! the acct is wiped-out in 1 trade & faster than you can say '4executed' :0
JRB also told me that 10K should be an ample amt to begin with...tho a lil on the low side (which is why I used that figure above as a beg balance) as long as the leverage is low & your positions are relatively small you should be able to remain in the game & thus hopefully build the acct slowly over time.
& note my disclaimer....bein the newbie of sorts (to this exchange) that I still consider myself to be....by all means, if there are any 4x vets out there who disagree & feel that I'm blowin smoke w/anythnig that I've said here....pls chime in & set me straight....TIA!!
BOLTY Max!!
Cheers!!
Worn
Immortalized in an adpated diddy by none other than the Jester himself....& a continental US winter tour to follow I persume? 1 can only hope....better watchout Hannah Montana ;)~
& if haven't heard of Hannah Montana yet....consider yourself quite lucky.
Oanda is now approx off by a tune of 66.3% w/my demo figures....I'm sitten at an acct bal of 101,188 & change & a trading profit (w/out interest) of 50,579 & change.
So by my fuzzy math-not so trusty solar (it's kinda dark in here) hand held calculator I say I'm sitten at an acutal of 102.3%.
& on that note....who be twister95? Anyone wanna fess up to that one...perhaps a regs sub acct? I need another victim to harass.....no fun harassin those below the water line.....where's the fun in that I ask...lol
Tho I'm still holdin out hope for the feline & Co....even tho vol is sure to be tricklin down over the next 2 weeks...I trust that the usual suspects around this joint will be puttin the pedal to the metal as another month draws to a close & depseration begins to set in :0
& Jester....be sure to let u's all know well ahead of time when the advance tix go on sale (I assume all we IHubbers wont have to deal tryin to find tix as they go on sale to the genl public).....wanna be sure to get the best seats possible in order 2 throw over-ripe tomatoes & stale popcorn.
Cheers!!
WB....aka Daddy ;)~
& yet one more reason to remain addicted...lol
Thx for the update Simple....still tho (& maybe a crusty ol' vet whose been thru this a few times now can chime in here) I gotta imagine vol in genl will be trickling down as we get closer to Xmas time & NY's. If so, it'll certainly make it relatively harder to find some decent trading opps.
Larger wknd type spreads for 4 of the days should drive most folks away...at least most of the big boys should be home for the next 2 weeks or thereabout's +/- .
Having said that....in turn the boards may not be quite as active either....so I'll wish ya'll a very merry-merry now & here's to a great '08!!
Cheers!!
well hey hey, my my........
looks like I see no one up ahead......unless someone made some serious bank since the last update.
For the most part I decided to take the day off....other than tryin to get myself oudda that short aud/usd bugger (which I was able to do w/my head a slightly above water) & of course a quick gold scalp for good measure...I was quiet today.
Haven't had the time to call Oanda (& I'm sure they're closed for the wknd now...or very soon) or look up the exchange schedule over the holidays...but somethin's tellin me that when the mrkt will be open....vol should be on the light side...so finding anything juicy may be few & far between from now til after the 1st....& I certainly aint gonna complain ;)~
I only ask one thing....if the book is up for grabs once again this month...& I happen to be lucky enuff to hang on....I want it paw printed by the CaT himself.
Enjoy your wknd all & remember.....egg nog in moderation...as w/everything else this holiday season :0
Cheers!!
OK.....got that uglyness over with.....out of everything now & a skosh over a double by approx $550+
Off to go find out what holiday schedule there is (if any) for this exchange....& maybe try & give Oanda another demo shout w/re their blatent reporting inaccuracies....if I get anywhere's w/em I'll be sure to by a lotto tic for tonight as well..lol
Man alive has that auds/usd short been given me probs.
Feel lucky to have gotten out on 1/2 of the position w/a 13 pip loss @ approx 4a pst.....was down as much as 50 odd pips at one point....man did it spike up pretty much right after I turned in.....glad I wasn't there to see all that uglyness.
Also worked out for me that I took a long gold position before turnin in....those gains helped to mitigate the aud short losses I've already booked. Still have an aud/usd short that's approx 30 pips under....BUT when login on this AM I diecided to add to the short position @ 8672 & thus far that's provin to make up some ground for me....all in all I'm in the red approx $1,500.....the acct bal is just north of my double now (by a whoopin $16...lol) but I still have some red on the books there to contend with b4 I can truly say itza doub.
Hopefully in a few hrs by the close.
Serves me right for takin a aud short when my strat is to go long....woulda made a killing last night stayin w/in my model....Grrrrrrr!!!!!
OK....this time I'm goin to bed (or at least gonna try..lol) & lettin it run. Since it has (aud/usd) now gone the other way on me (after gettin sooo close) I decided to take another short on it @ 8627. The 30 sec, 1 & 5 min charts are lookin 2 me like it wants to breakdown & make a move of at least 15-20 pips back to the 8610-15 neighborhood...which is where both tp's are gonna be left for the night......& given myself plenty of room for the sl at 8660....hey, I deserve it & thus can afford it....lol
But if it does somehow decide to take me out up there I'll have a few days worth of ground to make up.
There ya go Sr. Feline.....is that along the lines of what you were askin for? If not, sorry cuz that's about as technical as u r gonna be get'n oudda me....lol
Cheers & Ni TZzzzzzzzzzzzz
Indeed....seems the charts have downshifted for a spell now...which aint all that uncommon for this hr I suppose.
Jus curious.....do you (or anyone else of course) see the usd/chf breaken down here perhaps?
Well approx 4 hrs ago that woulda been a sweet, fast 30 min move....tho it sure is tryin to punch back thru 224.80.
A lil over $300 away from the double.....or 3.5 pips on my Aus/usd short....can smell it now.....& that's what scares me...lol
Waiten fo these last few pips is like watchin & waiten 4 the egg timer.