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Mole’s FX Adventures

Mole’s FX Adventures

by The MoleJuly 7, 2009

9:49am EDT: So, I have been having some fun trading the EUR/USD in the past few days – and so far I’ve been doing well.

Only problem is that I keep missing the peaks/lows as they usually happen when I’m having my (much needed) beauty sleep. I guess it depends on the currency pair but as I’m over here in Bubble Land it seems I’m pretty much SOL on most of them.

10:17am EDT: The NQ just fell off the plate is now at its PP – very strange action quite frankly – ES lagging behind and both are below VWAP. Unfortunately it seems this market is going to shit without me – no chance to load up after all.

10:30am EDT: Let it be written that I officially hate butterflies and I’m done with them. This is the third time I had to leg out of one – they are simply not working for me – not worth the aggrevation. Even if you are right you get screwed on your exit. For some reason Fujisan is able to make them work – but it doesn’t seem to be my cup of tea.

11:04am EDT: I don’t want to be a party pooper but I am suspicious about this drop:

Just saying… that a breach usually completes – meh, perhaps this time is an exception but that doesn’t mean I have to jump into shorts right now (plus my legs are too white).

11:38am EDT: Because this market is pissing me off – a little tribute to Angel Fernandez:

RIP – you are sorely missed. FYI – if anyone is trading this mess – Zero is flat right now and we seem to be melting lower on no participation. Just inverse yesterday’s tape and you should be fine. Anyway, I’m grabbing breakfast – hold the fort, rats.

About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
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