1 day to go

[Churchill]

[slightly off topic]

It's my hubby's birthday tomorrow and I'm off work and on the lash all day, from 12

[/slightly off topic]

I thought Steak and BJ day was the 14th...

[BrilloPad]

I thought Steak and BJ day was the 14th...

Apparently it is every Saturday night.

HTH

[cailin maith]

Apparently it is every Saturday night.

HTH

It is in your dreams!

Mrs BP

[BrilloPad]

It is in your dreams!

Mrs BP

I was right about SA http://forums.contractoruk.com/788656-post24.html

Mrs BP does not know about my mistress......

[ASB]

Could it be this calamity, or has it already happened?

A flood of filth and a baptism of dirt in America"

* Topless women will appear on television, followed by full nudity.
* Adult, X rated movies will be shown on cable television. Young people will gather at homes to watch this kind of material in groups.

If channel 14 in my hotel in Lille is anything to go by I think it happened yesterday (and apparently will happen again at 10:30 tonight).

[Gonzo]

Ten am and its still all OK.

[SantaClaus]

So Santa shorted the wrong one?

Nope, I was long GBPUSD from 13880 to 1.4000 this morning.
Out of all positions before the FOMC circus this evening.

[BrilloPad]

Ten am and its still all OK.

Remember you need to get through the trading days in Asia, Europe and USA.....

[Bagpuss]

Nope, I was long GBPUSD from 13880 to 1.4000 this morning.
Out of all positions before the FOMC circus this evening.

5th March 2009, 12:06 #12
SantaClaus
Fingers like lightning




Join Date: Dec 2005
Location: Lapland
Posts: 732

--------------------------------------------------------------------------------

£ is gonna sink big time today
__________________
Its a bl**dy shambles Gordon. You're fired!


See your post from 5th March above.

It didn't, and you didn't go short (given you conviction)?



two days earlier you said

I'm already short euro, ftse, pound.
Anyone want to ride the gbpusd bus with me to 1.3500?

[SantaClaus]

My overall sentiment on the £ is down. That does not stop me taking contratrend longs.

Sometimes trades play out longer than expected. There is no black and white in trading, only probabilities.

I scale my positions and let the rest run with a breakeven stop.

On 5th March at 12:00, I had scaled my position at 100 pips from approx 1.4180 to 1.4080. That is a very good intraday move.

If you had held this position for 4 days until the 9th March as a swing trade with a stop above the previous swing high of 14360, you would have reached a low 1.3775. Thats a very good move of 400 pips. If you had held for longer, you would have reached 13652, not too far from my 13500 target. And you would have taken money off the table quite a few times beforehand.

And btw, I am still bearish on the £, but that wont stop me taking a long scalp trade against the trend.

If you dont understand what I have written, I feel very sorry for you.
Thats my last word on the subject. Take it or leave it. I have nothing to prove to you or anyone else.

5th March 2009, 12:06 #12
SantaClaus
Fingers like lightning




Join Date: Dec 2005
Location: Lapland
Posts: 732

--------------------------------------------------------------------------------

£ is gonna sink big time today
__________________
Its a bl**dy shambles Gordon. You're fired!


See your post from 5th March above.

It didn't, and you didn't go short (given you conviction)?



two days earlier you said