State your trade

[Pumice]

Just gone long on AUD/USD . Have got stopped out of this cross the last 3 trades so hopefully this one has better results.

Thats what I was looking at. How much interest do you earn over the weekend on a trade like this?
EUR/USD up 150 pips over night I see. mad

[dragonz]

Thats what I was looking at. How much interest do you earn over the weekend on a trade like this?
EUR/USD up 150 pips over night I see. mad

I havnt worked it out on a % basis but 3 days FX interest is $91.30 on 1 contract ($1290) .

I closed my NZD/EUR @ .5572 + 91 pips

My EUR/USD is still open + 189 pips so far

AUD/USD still open +2 pips plus interest earned over the weekend.

Started out as a tough week but break even in the end. Next week will be a good start with my open trades. Up 700 pips so far this month so not sure if this is good/average results or not. Its really hard to find what people are returning each week so no idea if these are normal results but with 30% returns in 2 1/2 months Im happy with my system so far.
My EUR/USD trade is still open with +

[Pumice]

Shorting EUR/USD due to Irish govt issues.
Lets see what happens when the main markets wake up....
DragonNZ what was your EUR/USD target? just under 1.37?

[dragonz]

1.3680 would give me a cool 250 pips. Have moved my stop up to lock in some profit. Im getting a bit nervous about my Aud/usd cross. Have tighten my stop on this one.

have you got a target to short from?. 1.3740 is the 61.8% retracement of the nov-jan fall.

[dragonz]

Gone long NZD/EUR @ .5587

[Zorrro]

Short small CHF/JPY at 86.20 ( will add a scale on hogher if have to) lets see if can get say 50-70-80pips out of this - not necessary a day trade

Small Long UsD CAD from 99.50 will add from lower if have to - see if can see near parity

DYOR
rgds
Zorrro

[Zorrro]

ADDED to short CHFJPY at 87.08 + ( so have 86.20) . lets see

rgds

[dragonz]

Gone long NZD/EUR @ .5587

Tartgets reached on both my EUR/USD and Aud/usd during the night

EUR/USD @ 1.3681 + 250 pips

AUD/USD @ 1.0008 + 116 pips

NZD/EUR is still open at = +15 pips so far.

366 pips not bad for a nights work ah.

[Pumice]

that's some serious pipage!
Any other trade set-ups?

[dragonz]

that's some serious pipage!
Any other trade set-ups?

No I only trade these 3 currency crosses. still have NZD/EUR open but this was really only a hedge againt the Euro dropping last night. Will look for simi break outs later today in Asain trding and try to get on the next ride. Usaully get a spate of small losses after good days like this but thats my trading stlye. Thats why Risk/reward ratios are so important.

Dont be afraid to take small losses. Be less afraid to take large wins.