 Currencies, Reving stops and entering new orders on 9/7 |
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| Currencies, Reving stops and entering new orders on 9/7 |
 Sep 6 2007, 09:35 PM
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#1
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 Member Group: Traders-Talk User Posts: 574 Joined: 7-January 04 From: Cascade, CO Member No.: 891  |
Replace US$ GTC protective stop on short contracts to 8070
Close out long BP contracts on open; enter short 10 BP contracts @ 203.08/201.00 OCO Short 10 C$ contracts @ 9520/9502 OCO Short 10 SF contracts @ 8399/8307 OCO Good trading....MDW 
-------------------- Lead, Follow or Get Out of the Way...
Be Sure to Perform Your Own Due Diligence |
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Sep 7 2007, 10:50 PM
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#2
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Member Group: Traders-Talk User Posts: 574 Joined: 7-January 04 From: Cascade, CO Member No.: 891 |
QUOTE (mdwllc @ Sep 6 2007, 08:35 PM)  Replace US$ GTC protective stop on short contracts to 8070 Close out long BP contracts on open; enter short 10 BP contracts @ 203.08/201.00 OCO Short 10 C$ contracts @ 9520/9502 OCO Short 10 SF contracts @ 8399/8307 OCO Good trading....MDW 9/7: Replace US$ GTC protective stop @ 8050 Short BP contracts @ 203.10; protective GTC stop @ 204.10 Short C$ contracts @ 9520; protective GTC stop @ 9586 Short SF contracts @ 8400; protective GTC stop @ 8475 Good trading...MDW
-------------------- Lead, Follow or Get Out of the Way...
Be Sure to Perform Your Own Due Diligence |
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Sep 11 2007, 06:44 PM
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#3
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Member Group: Traders-Talk User Posts: 574 Joined: 7-January 04 From: Cascade, CO Member No.: 891 |
QUOTE (mdwllc @ Sep 7 2007, 09:50 PM) QUOTE (mdwllc @ Sep 6 2007, 08:35 PM) Replace US$ GTC protective stop on short contracts to 8070 Close out long BP contracts on open; enter short 10 BP contracts @ 203.08/201.00 OCO Short 10 C$ contracts @ 9520/9502 OCO Short 10 SF contracts @ 8399/8307 OCO Good trading....MDW 9/7: Replace US$ GTC protective stop @ 8050 Short BP contracts @ 203.10; protective GTC stop @ 204.10 Short C$ contracts @ 9520; protective GTC stop @ 9586 Short SF contracts @ 8400; protective GTC stop @ 8475 Good trading...MDW 9/11 PM: Stopped out of C$ contracts @ 9585-6 Revising GTC protective stops: BP contracts to 203.90; SF contracts to 8470; US$ to 7990/7910 OCO Entering order to short 10 SF contracts @ 8435/8510 OCO Good trading...MDW
-------------------- Lead, Follow or Get Out of the Way...
Be Sure to Perform Your Own Due Diligence |
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Sep 12 2007, 08:52 PM
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#4
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Member Group: Traders-Talk User Posts: 574 Joined: 7-January 04 From: Cascade, CO Member No.: 891 |
QUOTE (mdwllc @ Sep 11 2007, 05:44 PM) QUOTE (mdwllc @ Sep 7 2007, 09:50 PM) QUOTE (mdwllc @ Sep 6 2007, 08:35 PM) Replace US$ GTC protective stop on short contracts to 8070 Close out long BP contracts on open; enter short 10 BP contracts @ 203.08/201.00 OCO Short 10 C$ contracts @ 9520/9502 OCO Short 10 SF contracts @ 8399/8307 OCO Good trading....MDW 9/7: Replace US$ GTC protective stop @ 8050 Short BP contracts @ 203.10; protective GTC stop @ 204.10 Short C$ contracts @ 9520; protective GTC stop @ 9586 Short SF contracts @ 8400; protective GTC stop @ 8475 Good trading...MDW 9/11 PM: Stopped out of C$ contracts @ 9585-6 Revising GTC protective stops: BP contracts to 203.90; SF contracts to 8470; US$ to 7990/7910 OCO Entering order to short 10 SF contracts @ 8435/8510 OCO Good trading...MDW 9/12 PM: Additional SF contracts executed @ 8543; placing same GTC protective stop of 8470 Good trading MDW
-------------------- Lead, Follow or Get Out of the Way...
Be Sure to Perform Your Own Due Diligence |
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Sep 14 2007, 09:41 PM
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#5
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Member Group: Traders-Talk User Posts: 574 Joined: 7-January 04 From: Cascade, CO Member No.: 891 |
9/14: Revising GTC protective stops as follows:
US$ to 7965/7930 OCO BP to 20120 SF to 8450 Good trading...MDW
-------------------- Lead, Follow or Get Out of the Way...
Be Sure to Perform Your Own Due Diligence |
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Sep 18 2007, 07:25 PM
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#6
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Member Group: Traders-Talk User Posts: 574 Joined: 7-January 04 From: Cascade, CO Member No.: 891 |
QUOTE (mdwllc @ Sep 14 2007, 08:41 PM) 9/14: Revising GTC protective stops as follows: US$ to 7965/7930 OCO BP to 20120 SF to 8450 Good trading...MDW 9/18 PM: Stopped out US$ @7930; stopped out SF @8489 Replacing GTC protective stop on BP to 20100....Good trading MDW
-------------------- Lead, Follow or Get Out of the Way...
Be Sure to Perform Your Own Due Diligence |
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Sep 23 2007, 08:08 PM
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#7
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Member Group: Traders-Talk User Posts: 574 Joined: 7-January 04 From: Cascade, CO Member No.: 891 |
QUOTE (mdwllc @ Sep 18 2007, 06:25 PM) QUOTE (mdwllc @ Sep 14 2007, 08:41 PM) 9/14: Revising GTC protective stops as follows: US$ to 7965/7930 OCO BP to 20120 SF to 8450 Good trading...MDW 9/18 PM: Stopped out US$ @7930; stopped out SF @8489 Replacing GTC protective stop on BP to 20100....Good trading MDW 9/21 PM: Stopped out of BP @ 20101 Pretty clear that very few have any interest in currency trading so this will be my last post on this subject. Good trading MDW
-------------------- Lead, Follow or Get Out of the Way...
Be Sure to Perform Your Own Due Diligence |
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Sep 24 2007, 05:54 AM
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#8
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 Member Group: Traders-Talk User Posts: 3093 Joined: 13-January 04 From: Toronto, Canada Member No.: 1038 |
hi mike,
I don't forex trade, but I am always interested in positioning accounts into certain currencies. I have to admit to getting it quite wrong this year on the $CDN this year and should be a lot longer than we are. I don't intend to anything about this right now though. What do you see as intermediate trends for the major currencies going forward? Thanks. cheers, john -------------------- "By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
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Sep 24 2007, 10:44 AM
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#9
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Member Group: Traders-Talk User Posts: 206 Joined: 12-September 03 Member No.: 68 |
I am also more interested in longer time frames. I do not day trade. Thanks
-------------------- Lost in Space
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Sep 24 2007, 12:25 PM
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#10
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Member Group: Traders-Talk User Posts: 574 Joined: 7-January 04 From: Cascade, CO Member No.: 891 |
Longer term perspective is as follows: the low price to watch is 7819...this is the low achieved in the last six years and I'll come back to this later. My present cycle count indicates that the US$ has one more leg down. The key dates to be watching are: 9/25, 10/8 and 10/18. Currently, my working hypothesis is that it will near 7819 and there will be an upcycle thrust to approach 8004 area [for what Elliott wavers would probably call an A wave; those on the board know I am not a 'waver']. If 7819 doesn't hold, then we are on the way down to the 62 level....[I am including a qutoe I made in some correspondence earlier this year: "I expect the USD to fall in the future, possibly as much as 25% more in this trend cycle. The [deleted] problem is that the other G7 currencies, e.g. Euro, Japanese Yen, British Pound etc. will not be all that strong either Good trading MDW
-------------------- Lead, Follow or Get Out of the Way...
Be Sure to Perform Your Own Due Diligence |
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