500 million option in UJ at 101 and look where we are. Any chance this is a fake move down to lock in the strike?

Ramblings of a Forex Junkie

It is telling that as their fund has grown their returns have gone down. The article doesn't go into too much detail about the mechanics of their trading but I would guess that they do more long term trading than short. Your entries can be less than ...

Ramblings of a Forex Junkie

Good night ladies and gentlemen. I'll check in tomorrow.

Ramblings of a Forex Junkie

Ha ha, turned there instead. Should have thought of that. Oh well, took advantage of the GJ express elevator tonight anyway. image And look where that one lined up; image

Ramblings of a Forex Junkie

That fifty might hold but I would need a MUCH bigger stop.

Ramblings of a Forex Junkie

Semper Fi. Shoot me a PM and I will teach you that trade. You will find it goes well with your chosen trading schedule.

Ramblings of a Forex Junkie

That one went out at BE. This is really the last trade for the week. Love my express elevator.

Ramblings of a Forex Junkie

My thinking right now is that it has a pretty decent chance of stopping out. I took some off at 25 pips and will basically break even if it stops out now. There are two very important speeches tonight that may affect the Euro and the Yen so I won't ...

Ramblings of a Forex Junkie

Selling the Tuesday and Wednesday low here. Probably my last trade for the week. Let's see how this goes. EDIT: It's also the weekly open.

Ramblings of a Forex Junkie

I may be biased but I think You will have to agree that I am correct given your explanation of why you would not have taken the trade. The example is totally valid and relevant. Selling at the Tuesday high was a failed trade for anyone who took it. ...

Ramblings of a Forex Junkie

That is the point of the question. A loss is just that and nothing more as long as we are following our method. The reason that so many fail at trading is that they cannot continue to properly execute a method after one or two losses. They begin to ...

Ramblings of a Forex Junkie

Tuesday's high was 1.2938. Selling there yesterday resulted in a stop out. Would you have let that affect the decision to take the first trade today which was a buy at the Wednesday low? And yes the proper trade Wednesday was the long off NY close ...

Ramblings of a Forex Junkie

A question; How many of you refused to buy here because of the failure yesterday at the Tuesday high? This is what you have to overcome to have success. One trade failure means nothing.

Ramblings of a Forex Junkie

I may still manage money but it will be accredited investors when and if I decide to proceed. Let's clear up some things. I trade normally somewhere between eight and twelve standard lots depending on stop size. I have little trouble getting in and ...

Ramblings of a Forex Junkie

Got to go folks. Kids are waking up from their nap. We are going to get their one year pictures made today. Party planning is already in full swing and it is going to be a good one. Only have one first birthday.

Ramblings of a Forex Junkie

Still working on it. Shorted today with UJ because I saw what I thought was artificial support keeping price up to the 103 strike. I haven't found a way to accurately get the correct direction enough to be profitable.

Ramblings of a Forex Junkie

There was a 103 Uj expiry today at ten NY.

Ramblings of a Forex Junkie

I generally avoid news or tighten stops at the release time. For big news events I have posted a news strategy that I use in the thread. Search NFP in the thread and you should be able to find it. We are undefeated with NFP so far this year and well ...

Ramblings of a Forex Junkie

When I am speaking of an "artificial" move I am speaking only of the last minutes leading up to options expiry. I was speaking of that specific circumstance.

Ramblings of a Forex Junkie

Yep, when I take these I am only looking for the quick pop from the stops of the "artificial" trades. I hope that makes sense.

Ramblings of a Forex Junkie