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jsspmk replied Jul 14, 2010Fed downgraded Eco outlook, no room for further easing.
Spot FX Day Trader's Thread
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jsspmk replied Jul 14, 2010So fed up with current news casts, everybody asking same question - double dip to be or not to be? I don't see how can it not take place? Austerity measures will cut UK economy by 25% & they are asking such a stupid question & who do they ask? ...
Spot FX Day Trader's Thread
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jsspmk replied Jul 14, 2010Removing stop for now as at top of daily multi day wedge & histo is about to turn negative.
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jsspmk replied Jul 13, 2010Nice rejection so far, if stays, then would support my strategy of keeping stops outside the range. Good trading!
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jsspmk replied Jul 13, 2010Strong push in GBP, if they take out top, then I sense they are after 20ma on Monthly. I got a hard stop @ 1.526 now. url
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jsspmk replied Jul 13, 2010I have mine around 1.525 as it is outside current daily range, anything below is noise, therefore a stop within trading range has more chances of being hit. Bear trends need to have lower tops, yet there is no way to accurately predict where lower ...
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jsspmk replied Jul 11, 2010Cnbc Perhaps the past week's stock market rally was only a mirage: Fund-flow data showed retail investors ran for the exits even as the major averages were gaining nearly 4 percent and staging their biggest surge in months. Equity investors pulled ...
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jsspmk replied Jul 9, 2010Daily equidistant channel, IMO risk/reward is appropriate to short/consider short.
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jsspmk replied Jul 8, 2010Swiss central bank faces €7.5bn loss The Swiss National Bank may have suffered paper losses of up to SFr10bn (€7.5bn) from huge interventions in the currency markets to restrain the value of the franc.
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jsspmk replied Jul 8, 20101.52 acting as a solid resistance, hopefully this is distribution phase & soon price fails to make new high on daily.
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jsspmk replied Jul 2, 2010Of course methods vary. But math wise providing reward is a multiple of risk makes it more profitable in the long run to stick to a stop which is outside trading range & not close a trade in profit until a favourable reward has been reached. Of ...
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jsspmk replied Jul 2, 2010Personally I disagree, to me only a fact makes me get out of a trade, not perception of what may happen. But that's just my opinion.
Spot FX Day Trader's Thread
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jsspmk replied Jul 2, 2010I am Long ESU10 1,030.5 with a reverse stop @ 1,005.5 x2 size. Swing basis.
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