Sir Pipsalot's Daily Market Update 11-03-2009

[mechtech63]

Is this the beginning of the down-hill run?

Wow, what a ride on the EUR/USD last night. I'll bet that hit some SL's. Did this happen to you Sir Pips? I remember you were bullish on the short term... so was I.

Is this the beginning of the down-hill run?

 

[Sir Pipsalot]

Wow, what a ride on the EUR/USD last night. I'll bet that hit some SL's. Did this happen to you Sir Pips? I remember you were bullish on the short term... so was I.

Is this the beginning of the down-hill run?

My bias was a bit more bullish on EU short term, and obviously that bias proved to be false. I didn't end up trading anything last night and without a strong bias, I didn't want to keep anything other than long term trades open before I went to bed. I am still long term short EUR/USD from 1.4910 and GBP/USD from 1.6545 from 10-27 and 10-29 and plan to work those low leverage positions for quite some time.

Usually when I have a stronger short term bias and see a clear trade, I'll talk more specifically about the opportunity in here. If you read back, my bias was very hesitant.

 

[Pfunk]

many thanks

Sir Pip

Your just getting better and better.

I'm loving you calls - killing the market makers. Love you like a brother but you know that !!!

speak soon.

 

[bilalh11]

anybody know how to msg sir pips

 

[FXDM]

Signals update: Nov 04, 09

GOLD Sell at: 1096.00 – SL: 1126.00 – TP: Open

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Happy trading.

FXDM

 

[Sir Pipsalot]

GOLD Sell at: 1096.00 – SL: 1126.00 – TP: Open

..........................

Happy trading.

FXDM

I like the call. It's definitely in line with my outlook.

 

[FXDM]

Thanks Sir Pipsalot. Finally I got your view