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mpurdy1973 replied Nov 8, 2011well, you should at least put a 100 or 200 pip stop just in case something happens. most of the time it doesnt; however, when the swissie pegged their currency you had a 1000 pip move in less than 5 minutes; that would probably wipe out most ...
EURUSD
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mpurdy1973 replied Nov 8, 2011looks good; just put a stop loss with a plus 1 pips just in case.
EURUSD
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mpurdy1973 replied Nov 8, 2011short at 3831 stop loss at 3829 see what happens :-) now i got to go do my day job.
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mpurdy1973 replied Nov 8, 2011yes; then you dont get bounce out for a small move; however you still protect yourself if something really goes wrong.
EURUSD
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mpurdy1973 replied Nov 8, 2011tell that to the people who were long on the swissie just before they pegged their currency - it was an immediate 1000 pip lose!
EURUSD
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mpurdy1973 replied Nov 8, 2011i agree; i am waiting till it gets to the top of the channel around 3870; maybe even 3900 - that would be a great 300 pip short :-) see what the new hour brings - maybe a reversal??? im short now @ 3831 But in all seriousness, I'm short. We might ...
EURUSD
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mpurdy1973 replied Nov 7, 2011we are sitting on the daily pivot as support, so a long would be a safer bet, enjoy your pips :-)
EURUSD
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mpurdy1973 replied Nov 7, 2011im flat now... this could go either way... dont want to gamble ... see what happens around the vote time 3:30 pm greece time? that would be 9:30 eastern time (when the dow opens) - going to be very interesting between 9-10 am tomorrow morning :-)
EURUSD
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mpurdy1973 replied Nov 7, 2011no news; so i think it is just going to range all night - just scalping (hopefully 30 pips at a time). tomorrow there probably will be a large move after to vote tomorrow. the euro is going to crash hard in the coming months - but in the short term ...
EURUSD
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mpurdy1973 replied Oct 18, 2011i just got out of my long with a 1% gain...now i am short at 3766 with stop at 3685... with new hour it may just start going back down... willing to risk a few pips. okay, now i am flat... nothing going on... let see where it goes tonight...
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mpurdy1973 replied Oct 18, 2011it could be. i hope it does... it will give a better drop :-)
EURUSD
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mpurdy1973 replied Oct 18, 2011if you do, i would go in with a little; and save some money in case it pops... end of the year i think we will be in 1.20s.
EURUSD
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mpurdy1973 replied Oct 18, 2011i dont have one, just a 30 pip trailing stop see where it goes (i got my stop above my entry point)... however, i think it will test yesterday high... might get a pull back around 1.38; however, i also think it will push thru ... from my post i will ...
EURUSD
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mpurdy1973 replied Oct 18, 2011my euro trades - getting ready for a big drop -- after a bull trap — i am expecting "good news" for euro for a few days now; then "reality hits" later on... currently i am long eurusd but ready to short if it pops
EURUSD
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mpurdy1973 replied Oct 13, 2011i would rather short now then go long; however if you are watching it, it could pop; just keep a tight stop and put it up at even + a few pips if you go positive on the trade. i dont know of any books; but normally you should only trade 2%-5% risk. ...
EURUSD
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mpurdy1973 replied Oct 13, 2011i would be scare about the stop because it could taken out quickly. i would do one of the following: 1) put your stop at least 1.4100 2) wait and see what happens 3) reduce your lot size so you can use 1.4100 stop and and short again at 1.40 if it ...
EURUSD