Good morning everyone and welcome to our very first 'Traders Mind' sessions. 
Before we start just let me explain the rules: 
This room for the next 3 hours will be used for the guest traders calls only - if you wish to make calls or market observations then please go back to the main room 
any questions to the guest trader MUST be sent in a Private message to 200dug who will ask them in order when we are under way 
During the session we may get periods of inactivity - dont take this as an opportunity to start chatting about your new car or the weather:) 
Any muppets disrupting will be immediately silenced for a period of 3 hours 
The guest trader will first give an overview of herself and her methods of trading - she will be giving his chart setup to you and its reccomended that you set up a chart in the same way so you can follow along. 
Our guest Today is the famous (or infamous) Bunnygirl. Since starting her thread on the 'wma cross' it has attracted 220,000 views and remains the most popular thread on Moneytec. For those who have not been in the forum long you should listen carefully today. 
Bunnygirl has the uncanny ability not only to feel the market, but also to find the unexpected in there that most of us miss when concentrating on our usual Technical analasys. Her observations like for instance the 'no touch day' (see thread) elude many of us whilst bunny spots these things as the glaringly obvious and it's things like that which can give a trader an extra 'edge' in the market. 
Well, without making her giggle even more from this introduction im happy to welcome Bunnygirl to todays session - go girl, you're on :)

19:05 [Bunnygirl] thnx soul mate :D 
19:06 [Bunnygirl] is it time for tea yet? 
19:06 [Soul-Trader2004] kettles on babe 
19:06 [Soul-Trader2004] :) 
19:06 [Bunnygirl] cheers 
19:07 [xjun] HI, when will this training session end. 
19:07 [Soul-Trader2004] 11am gmt 
19:07 [Bunnygirl] in 3 hours 
19:07 [Soul-Trader2004] all questions through 200dug please :) 
19:09 [Bunnygirl] just a short introduction whilst we're still in the overnight range - 
19:11 [Bunnygirl] I started trading forex just under 2 years ago 
19:12 [Bunnygirl] I traded shares online for around 3 years before that, & was always told not to touch commodities or forex because they were 'too risky' 
19:15 [Bunnygirl] I found forex purely by accident, by reading a forum on my sharescope package. 
19:18 [Bunnygirl] I soon realised that because forex had high liquidity & a 24 hour market so no opening gaps, I actually found it easier to trade 
19:18 [Dicentman] test 
19:18 [Dicentman] test 
19:18 [Bunnygirl] so for the last 18 months I've only traded forex,. 
19:19 [Bunnygirl] I'd used moving averages in my share dealing, but no cross, just looking for a bounce off one average or another 
19:21 [Bunnygirl] because no one average suits every share, I used to flit from sma, to ema, to wma. using different periods 
19:22 [Bunnygirl] just as I was about to give up on them I read somewhere about using 2 averages, & that's really how I stumbled into using the cross 
19:24 [Bunnygirl] after much trial & error, I ended up using the ema5 & ema20, & around the same time it often bounced off the ema100 
19:24 [Bunnygirl] ok, that's enough of that, on to today... 
19:25 [Bunnygirl] I use Netdania for charts, with my platform's charts as back-up 
19:26 [Bunnygirl] first thing I did this morning was open up a daily chart, made a note of yesterday's high + low + close, & worked out the pivot points for today - for cable & swissy 
19:27 [Bunnygirl] I also make a note of today's open (which of course is the same as yesterday's close 
19:28 [Soul-Trader2004] As we move through this session please feel free to ask questions - they should be sent via a PM to 200dug - just double click his name to the right and ask away 
19:28 [Bunnygirl] I'm noticing at this moment that cable is sitting right on s1 at 1.9054 
19:28 [Bunnygirl] scrap that 
19:29 [Bunnygirl] sorry, cable is halfway between pp & s1 
19:29 [Bunnygirl] today's open is 1.9066 
19:29 [Bunnygirl] swissy is just 1 pip above the open 
19:30 [Bunnygirl] swissy opened at 1.1812 
19:31 [Bunnygirl] I have on my charts today the ema5, ema20, ema100 & bollinger bands because overnight was ranging 
19:32 [Bunnygirl] if overnight was trending I don't bother with the bollingers as they tend to put me off taking a trade 
19:32 [Bunnygirl] I've noted that on the daily chart, on cable, the ema5 is at 1 
19:33 [Bunnygirl] sorry, 1.9097 
19:33 [Bunnygirl] ema20 is at 1.8997 
19:35 [Bunnygirl] cable is in no man's land between these 2 averages at the moment 
19:35 [200dug] [costenito] is 0.00 GMT your day open? 
19:35 [Bunnygirl] on swissy's daily chart we have ema5 at 1.1757, ema20 at 1.1794 
19:36 [Bunnygirl] yes costenito 
19:36 [200dug] [me4x] what time frames do you look at? 
19:37 [Bunnygirl] me4x, daily, 4 hour, 30mins, 5 mins 
19:37 [Bunnygirl] after making a note of what's happening on the daily, I move down to the 4 hour chart 
19:38 [Bunnygirl] I've noted that 8am - which is the start of the new 4 hour bar - cable opened at 1.9072 
19:39 [200dug] [Grandpa999] Do you use several Daily bars to calculate the pivot or just the one bar 
19:39 [Bunnygirl] swissy opened at 1.1802 
19:39 [spider22] morning all 
19:39 [Bunnygirl] grandpa, just 1 bar 
19:40 [spider22] is this really the legendary bunnygirl? 
19:41 [Bunnygirl] I made a note of the 8am opening, because any trade I take I want to be on the right side of the daily, & the 8am price 
19:42 [Bunnygirl] i.e., cable opened today at 1.9066, the 4 hour opened at 1.9072, so I would want to be long above 1.9072 
19:42 [Bunnygirl] or short somewhere below 1.9066 
19:43 [Bunnygirl] now I move down to the 30 min chart 
19:43 [Soul-Trader2004] As we move through this session please feel free to ask questions - they should be sent via a PM to 200dug - just double click his name to the right and ask away 
19:43 [KPcurrency] still waiting for my question to be asked. 
19:44 [Soul-Trader2004] be patient 
19:45 [200dug] [KPcurrency] bunny, you have the dubious distinction of trading on the big report day. Is the process you go thru on a day like todayany different from normal? And do you expect to see much movement before the US NFP 
19:45 [Bunnygirl] I note from the 30 min chart that the overnight range was high of 1.9079, low of 1.9057 - a fairly tight range 
19:46 [Bunnygirl] KP - I treat the morning of NFP day no different to any other day, we sometimes get a very tight range, we sometimes can get a nice 100 pip move, it depends where the market makers want the price to be before the news 
19:48 [Bunnygirl] it all depends whether they price in the news beforehand, that's when we get whipsaws after the news, because it doesn't go the way it should 
19:49 [Bunnygirl] back to the 30 min chart... 
19:50 [Bunnygirl] I've noticed we had a small breakout down in the last bar on cable 
19:50 [Bunnygirl] reached a low of 1.9054 
19:52 [Bunnygirl] often after a breakout we get a pullback, so I've put fib lines on, using the overnight range, & I see it stalled at roughly 61% pullback 
19:52 [Bunnygirl] I look for a pullback of between 50 - 61% 
19:54 [Bunnygirl] I've moved down to a 5 min chart to take a closer look 
19:54 [Bunnygirl] I've decided to short cable at 1.9062 
19:55 [Bunnygirl] stop loss just above the last 5 min high at 1.9073 bid 
19:56 [Bunnygirl] now I'm moving back out to 30 mins to see what's happening with the cross 
19:56 [Bunnygirl] we had a bounce down at 1.9069 
19:58 [Bunnygirl] the cross entry with filter would be 1.9044 
19:58 [Bunnygirl] I'm going to use that as my first target 
19:59 [Bunnygirl] no trade on swissy yet, I want to see cable move into profit first 
19:59 [Bunnygirl] ok dug, fire away 
20:00 [200dug] [phaeton] BG, on swissy the 00.00gmt is 1.1812, and the 08.00 gmt open is 1.1805 , that means that you'll take long above 1.1812 and short somewhere below 1.1805 ? (for cable the 08.00gmt was the sign for long, 'coz was higher than the 00.00gmt) 
20:01 [Bunnygirl] btw, I've back down to 5 mins to keep an eye for any tell tale bars for quick exit 
20:01 [desoft] good morning everyone 
20:02 [Bunnygirl] phae - I'll go long swissy above 1.1812, short below 1.1805...when the trade feels right 
20:02 [200dug] [Giotto] It seems that according open price and crosses on Eur and Cable we are waiting to go long aren't we? (have cross @ 1.3110 and 1.9071) 
20:04 [Bunnygirl] I have cable crossing down, eur bouncing up at the moment 
20:04 [200dug] [tuzex] do u take entries after the cross+filter only 6-9GMT and 12.30-15GMT as mentioned in forum? 
20:04 [Bunnygirl] eur just hitting top of bolls 
20:05 [Bunnygirl] 6 - 11am & 1.30 - 4pm 
20:05 [200dug] [fluty] "do you add the range of the breakout to the overnight range before putting on the fibs?" 
20:05 [Bunnygirl] no 
20:06 [200dug] [Bradone] You made the decision to not use the filter. Why? 
20:06 [Bunnygirl] I put horizontals at the high & low of the range, & look for a breakout of just a few pips 
20:07 [Bunnygirl] brad, this isn't a cross trade yet, it's more of a scalp 
20:07 [200dug] [Bradone] Bunny, when you checked the daily chart, you noted the 100 pip spread between 5 & 20 ema's and said it was in no mans land. What did you mean? 
20:08 [Bunnygirl] I meant the price was between the 2 averages. to be in a trend I want to see it either above both, or below both 
20:08 [Bunnygirl] now I don't know if it's going to go down to hit the ema20, or up to hit the ema5 
20:09 [200dug] [Persia] Is that how you determine if the market is Ranging or Trending? 
20:09 [Bunnygirl] persia, yes 
20:10 [200dug] [Giotto] Bunny I would like to ask about one of crucial point after entering trade - locking profit. Whats your best experience? Locking in some area (+15/+20 reached) automaticly or using 5min charts according TA? In my eyes if cross is right (open price) we can expect at least 30pips move, so I suppose its better to wait until TPs(+15/+30) are reached and at this moment move S/L to b/e. Of course I am not talking about few hours in freezed position - better get out. diolch yn fawr 
20:10 [Bunnygirl] when it's in between, all we can do is scalp really 
20:11 [Bunnygirl] Gi, I've tried so many ways for exits 
20:12 [Bunnygirl] the best way I've found is to enter with multi lots, doesn't matter whether they are mini or standard, as long as they can be split to take part exits 
20:12 [Bunnygirl] the least stressful way is to set limit orders & walk away 
20:13 [Bunnygirl] today I've entered with 4 lots 
20:14 [Bunnygirl] the overnight range was 22 pips, very tight, so one of my targets will be 22 pips below 1.9057 
20:14 [200dug] [Yannis] do u take divs under consideration ? 
20:14 [Bunnygirl] another will be the 1.9044 mentioned earlier 
20:15 [Bunnygirl] divs? 
20:15 [Yannis] divergencies 
20:15 [Bunnygirl] I used to, but since I've scrapped all the otherindicators I have nothing to show a divergence 
20:16 [200dug] [Dicentman] what is the time for the overnight range you consider? 
20:16 [Bunnygirl] I do keep an eye on eurusd though 
20:16 [Bunnygirl] roughly 11pm to 7 - 7.30am 
20:17 [Bunnygirl] I'm looking for cable to bounce down of ema20 here 
20:18 [Bunnygirl] if you put up a wma20 as well, you'll see the emas bounced down, the wmas crossed down 
20:18 [Bunnygirl] there's only a couple of pips between them 
20:18 [Bunnygirl] so a bounce down off either will do 
20:19 [Bunnygirl] I'm moving back down to 5 mins for a closer look 
20:20 [200dug] [Ledlot] Bunny I'm sorry.first time here and was wondering did I read correctly "you have scrapped the other indicators" are you talking about the 2 Stoch's and RSI? 
20:20 [Bunnygirl] now I'm drawing a line across the tops of 07.15, 07.55, 08.45 
20:21 [Soul-Trader2004] As we move through this session please feel free to ask questions - they should be sent via a PM to 200dug - just double click his name to the right and ask away 
20:21 [Soul-Trader2004] .. 
20:21 [Bunnygirl] & a line joining the lows of 08.25 & 9am 
20:22 [Bunnygirl] Ledlot, correct 
20:22 [Bunnygirl] I still use bollingers occasionaly, only if it's ranging 
20:23 [Soul-Trader2004] As we move through this session please feel free to ask questions - they should be sent via a PM to 200dug - just double click his name to the right and ask away 
20:23 [200dug] [soheiltb] what leverage do you use? [zupcon] And who is your broker? 
20:24 [Bunnygirl] I never know the answer to the leverage question, I'm sorry, no idea 
20:24 [Bunnygirl] all I know is 150k is roughly £8 per pip for cable if that helps 
20:25 [Bunnygirl] I use saxo & cmc 
20:25 [Bunnygirl] I've noticed that the topline I've drawn on 5 mins is at a steeper angle than the bottom line 
20:27 [Bunnygirl] if this 5 mins closes below the last 5 mins I'll move my stop down to the top of the last 5 mins 
20:28 [Bunnygirl] this is because the 9am bar made a higher low 
20:29 [Bunnygirl] I'm still looking for some confirmation from eur & swissy 
20:29 [JC] In your opinion how many indicators should I have on my trading platform. I am currently using stochastics and CCI along with candle stick charts 
20:29 [Bunnygirl] 1 min to new 30 mins 
20:29 [Bunnygirl] I say, if it works for you then use it 
20:30 [Bunnygirl] but sometimes they can be more of a hindrance 
20:30 [Soul-Trader2004] questions only through 200dug please 
20:30 [200dug] [jrmy] Thanks for today Bunny. What's your best performing setup? What are key things that you feel that gives you success in your trades? 
20:31 [Bunnygirl] jrmy, keeping losses as small as possible, which can only be done when you enter at the right price 
20:32 [camisa] test 
20:32 [200dug] [BigBad1070] how often do you assess the value of your filters? and how do you determine the new value? 
20:32 [Bunnygirl] if you dither & enter 10 pips further down the line, then your stop has to be 10 pips wider 
20:33 [Bunnygirl] it took me a long time to realise that the stop has to be in a logical place, not where I want it to be just because it suits me 
20:34 [Bunnygirl] bigbad, I've only changed the filter once, from 30 pips to 20 & 25 
20:35 [Bunnygirl] It's easy to assess where they should be, just take a look at the last month at any time 
20:35 [Bunnygirl] watching 5 min chart 
20:35 [200dug] [CFII] If your entry price for a cross coincides with a pivot, will you still enter or wait for pivot to break? 
20:35 [Bunnygirl] coming up to top trendline 
20:35 [Bunnygirl] also top of bolls 
20:37 [Bunnygirl] one sec cf11 
20:38 [Bunnygirl] we need a bounce down off that line here, or we're out 
20:39 [Bunnygirl] moving ou to 30 mins to take a look 
20:39 [Bunnygirl] that last move up took us exactly to the 50% line 
20:40 [Bunnygirl] there's 2 ways of looking at this now 
20:40 [200dug] once bunnygirl has completed this bit of analysis i will continue with questions - please be patient 
20:40 [Bunnygirl] we entered on a bounce down off the 61% 
20:41 [Bunnygirl] we didn't get a lower low on 30 mins 
20:41 [Bunnygirl] last bar pulled back to 38%, this bar pulled back to 50% 
20:41 [Bunnygirl] & we're getting higher lows on the 30 mins 
20:42 [Nina] hi, master Bunny 
20:42 [Soul-Trader2004] As we move through this session please feel free to ask questions - they should be sent via a PM to 200dug - just double click his name to the right and ask away 
20:42 [Bunnygirl] the question to ask is...if I was flat now, would I want to be long, short, or stay flat? 
20:43 [bbmac] hello am i early? 
20:43 [Bunnygirl] eur has made a little break to the upside 
20:44 [Bunnygirl] if eur makes a pullback now, that means cable could also dip a bit with it 
20:45 [Bunnygirl] we still havn't broken the top trendline on 5 mins, so for the moment I'm happy to hold 
20:45 [Bunnygirl] 15 mins to go & in the dark :D 
20:46 [Bunnygirl] here comes the pullback on eur maybe 
20:46 [Bunnygirl] but...that's in the dark too 
20:46 [Jump] thank you, Bri 
20:47 [Bunnygirl] cable has just tested the cross level 
20:47 [Bunnygirl] ok dug, fire away 
20:47 [200dug] [Dan_S] Bunny, do you use limit orders for exiting your scalp trades? If yes, which orders did you set for the cable scalp you have going now? 
20:47 [Bunnygirl] I want to see cable close below that ema20 
20:48 [Bunnygirl] dan, I havn't placed limit orders yest, I tend not to, at least until I'm in profit ! 
20:49 [200dug] [Persia] you said before: "I look for 250 pips per week minimum". someone says: "Bunnygirl system is not profitable as before. bacause the market is noisy more than before". Is it correct? do you trade only according to your system now? is it profitable as before? 
20:49 [Bunnygirl] swissy's starting to look a bit better for now 
20:50 [Jump] BG, do you ever trade off the Daily chart, and if so, what do you look for? 
20:51 [Bunnygirl] persia, most weeks cable will make at least 1 100 pip run off the cross, the rest is down to money management 
20:51 [Bunnygirl] jump, I don't use the daily for entries, but I do use it to give me direction & possible targets 
20:52 [Bunnygirl] moving back down to 5 mins for a closer look 
20:52 [200dug] [luckyalec] do you have any statistics about your trades (win rates ) ? 
20:54 [Bunnygirl] I don't have any stats, but it's because there were more winners than losers that I use it 
20:54 [Bunnygirl] hmmm 
20:54 [davidl] good morning all 
20:54 [Bunnygirl] cable bouncing down off trendline, eur making new high - who's messing around? 
20:55 [Bunnygirl] 5 mins to go 
20:55 [Bunnygirl] we want this last 5 mins to head for the bottom line 
20:55 [M2] Sorry bunny I have joined the party late.Which pair has your focus at the moment?Just want to catch up here :) 
20:56 [Bunnygirl] where the choice will be to exit for small loss, hold for profit, or take some off the table & hold 
20:56 [Bunnygirl] cable 
20:56 [M2] thankyou 
20:56 [200dug] [phaeton] BG,have u ever considered to find early entries, 'coz waiting for the cross to be made and adding the filter we miss a lot of the price move, and very oftne after the cross+filter point is hit the price starts to range,even retrace to the cross (almost every move of 40-50pips is followed by some range period ) 
20:57 [Soul-Trader2004] m2 questions through 200 dug please 
20:57 [Bunnygirl] phae, that's exactly what I've tried to do this morning 
20:58 [Bunnygirl] I'm not happy with this trade 
20:58 [200dug] [Soul-Trader2004] bun, do you still incorporate ezpips in your strat? 
20:59 [Bunnygirl] no, but right now I'm thinking I should ! 
21:00 [200dug] [Soul-Trader2004] could you explain about the 'no touch day' for the newbies 
21:00 [Bunnygirl] we've got a break of the trendline on 5 mins 
21:00 [Bunnygirl] let's see if we get a bounce down off the open price 
21:01 [Bunnygirl] hit top of bolls 
21:01 [Bunnygirl] came to within 1 pip of the stop 
21:03 [KathyA] 200dug....could you just tell me if there is a way to see a transcript of this so we can go back through it again? 
21:03 [Bunnygirl] last 30 mins closed above the ema20 
21:03 [Bunnygirl] made a higher low 
21:03 [Bunnygirl] & higher high 
21:03 [Soul-Trader2004] As we move through this session please feel free to ask questions - they should be sent via a PM to 200dug - just double click his name to the right and ask away 
21:04 [Bunnygirl] we hit the 61% 
21:07 [Bunnygirl] as you can see, the opening price at 8am is important 
21:08 [Bunnygirl] hitting top of bolls on 30 mins 
21:09 [Bunnygirl] holding for just a sec 
21:10 [200dug] [DAVEDFOX] Hi BG, I missed what stop you set for cable...I'm using 1.9085...seem O.K.??? 
21:10 [Bunnygirl] moved back to 5 mins for a closer look 
21:12 [Bunnygirl] i had 9074, just abouve the 5 min high at the time 
21:13 [Bunnygirl] i'm just holding to see if we get a pullback fromt the break high 
21:13 [Bunnygirl] swissy rising , but that could be just a pullback too 
21:13 [200dug] [FxOuch] BG, is it good time to enter trade now, short on cable ? 
21:15 [Bunnygirl] I'm waiting to see if this 5 mins is a continuation bar, or a reversal 
21:15 [jaykay3] BG Have you moved your stop to hold as you originally said 1.9073 and that has now been stopped out 
21:15 [Bunnygirl] still holding jay 
21:15 [Soul-Trader2004] questions only through dug plse julie 
21:16 [Bunnygirl] it's against what I said, but that's what I've done 
21:17 [Bunnygirl] there's a couple of things making me dither 
21:17 [Bunnygirl] first, swissy is hitting a round number 7 may bounce off 
21:18 [Bunnygirl] 2nd, it could have been stop-running & may drop now 
21:18 [darkstonexa] to clear it up, I take it your stop wasn't a hard stop, more a mental one.. 
21:18 [Bunnygirl] I'm just finding any excuse to stay in & be right 
21:18 [200dug] [darkstonexa] to clear it up, I take it your stop wasn't a hard stop, more a mental one.. 
21:18 [Bunnygirl] yes dark 
21:18 [Soul-Trader2004] she always did do that buggar 
21:19 [darkstonexa] I knew thats what it was.. but some of these newbie's don't realise her trading style 
21:19 [Soul-Trader2004] yep, good point 
21:19 [200dug] [BigBad1070] would you consider the last cross on eur/usd as an option if the price goes past the 100ema? 
21:20 [Bunnygirl] now that it's settled again, I've set a stop at 1.9081 bid & that IS set in stone 
21:20 [Bunnygirl] that will give be a 20 pip loss max 
21:21 [Bunnygirl] moving back out to 30 mins, trying to pretend I'm flat & taking a look to see where we are with the cross 
21:21 [darkstonexa] just to help some that don't realise your trading style when it comes to stops... when would you consider using hard stops and when do you use mental stops 
21:21 [Bunnygirl] I see we crossed up at 1.9066, smack bang on the daily open 
21:22 [Bunnygirl] entry long would be 9091 if seen 
21:22 [Bunnygirl] I notice that would be 2 pips above r1 
21:23 [Bunnygirl] sorry, 2 pips above pivot point 
21:23 [200dug] Once bunnygirl has finished this t/a i will ask the rest of the questions - please be patient :) 
21:24 [Bunnygirl] fire away dug 
21:24 [Bunnygirl] moving back down to 5 mins 
21:24 [200dug] [darkstonexa] just to help some that don't realise your trading style when it comes to stops... when would you consider using hard stops and when do you use mental stops 
21:24 [Bunnygirl] re-drawing the top trendline 
21:25 [Bunnygirl] good question dark, I use mental for the 1st time it gets hit, hard if it comes back in my favour & then goes back again 
21:26 [Bunnygirl] I'm trailing down the tops of the 5 mins now 
21:26 [200dug] [teo] A quick word on gimmie bars, please? 
21:27 [Bunnygirl] just watching to see if the old resistance hasn't become support 
21:27 [Soul-Trader2004] dug has enough questions now to last the session, no more please unless we ask for them 
21:28 [Bunnygirl] teo - which word do you want :D ? 
21:29 [200dug] sorry folks got flipped out 
21:29 [Bunnygirl] joe ross shows some excellent examples of gimmees on his site 
21:29 [teo] Do they apply here? 
21:30 [200dug] [Soul-Trader2004] tell em about the 'no touch day' bg for the newbies 
21:31 [Bunnygirl] it would have needed to bounce down at 10am on the 5 min to be a gimmee bar, so I guess you could say, if there wasn't a gimmee bar there then we're in an upward trend 
21:31 [Bunnygirl] & what on earth am I doing holding a short???? 
21:32 [200dug] [Dan_S] & [davidl] You said you calculate pivots when you are setting up, how do you include pivots in your decisions when you trade the cross and at what levels? 
21:32 [Bunnygirl] good point soul, the n-touch day 
21:33 [Bunnygirl] you need a daily chart to see the no-touch of the ema5 
21:34 [Bunnygirl] you can look back the whole year, & see certain dates that stick out like a sore thumb, where the ema5 wasn't touched, & the trend reverses 
21:35 [Bunnygirl] sometimes it will only reverse for a few days, moetimes it lasts for weeks 
21:35 [Bunnygirl] Monday & Tuesday this week were no touch days 
21:36 [Bunnygirl] wednesday was a big drop, thursday was a big drop 
21:36 [Bunnygirl] cable hasn't touched ema5 today so far 
21:36 [Bunnygirl] it's at 1.9100 
21:38 [Bunnygirl] so we could get a touch before the news & then a big drop, or we could just get a big drop & it will drag the ema5 down with it, or it could just shoot straight through the ema5 & drag the ema20 up behind it 
21:38 [200dug] [Der] Do you need more than one n-touch days for reversal. 
21:39 [Bunnygirl] no, look back at days like july 19th, may 14th 
21:40 [200dug] [teo] Bunny, was the high gbp 5 min a gimmie bar and what is the difference with now, please? 
21:40 [Bunnygirl] just 1 day 
21:41 [200dug] teo - at 7am 
21:41 [Bunnygirl] a gimmee barshould just make 1 touch, or 1 break of the bolls 
21:41 [Bunnygirl] then bounce to the other side of the bolls 
21:41 [Bunnygirl] we had 4 x 5min touches 
21:42 [200dug] [Fast_cris] Bunny... usd chf 30 min candle close below ema20... this close mines... down? This is the way you see that? 
21:43 [Bunnygirl] dan & david, if the cross entry is within a couple of pips of a pivot point I wait to see if it gets support/res there 
21:45 [Bunnygirl] cris - I've got swissy crossed down too, but it hit bottom bolls & has now pulledback to the ema5 
21:46 [Bunnygirl] cross down is at 1.1805, watch to see if it bounces back down off that, 
21:46 [Bunnygirl] last bar tested the cross 
21:48 [Soul-Trader2004] we have time for prob 2 more questions if you'd liek to sub,mit to dug - he will pick the best 
21:48 [Bunnygirl] cable broke the overnight high by 1 pip 
21:48 [Bunnygirl] I'm looking for a pullback to the 50 - 61% area 
21:50 [Bunnygirl] we've got a possible gimmee setup on 30 mins 
21:50 [Bunnygirl] run rabbit, run rabbit, run runr un :D 
21:51 [Soul-Trader2004] wondered where that was :) 
21:51 [Bunnygirl] that's what's been missing, too much talking & not enough singing :D 
21:52 [200dug] [spider22] is it advised to short now? 
21:53 [Bunnygirl] that's so hard to answer when I'm already in a trade because i'm biased, obviously i'd love to say yes 
21:53 [200dug] [Bradone] Bunny, you use more than just the 5m for gimmeebar, I thought I was breaking the rules? 
21:53 [Bunnygirl] i would personally wait to see if it closes below the ema20 
21:53 [fxsurfer] see trend line is holding 
21:54 [Bunnygirl] you can see gimmee bars on any timeframe 
21:54 [Bunnygirl] swissy just hit the cross 
21:54 [Bunnygirl] here we go 
21:54 [Bunnygirl] cummon rabbit 
21:55 [Bunnygirl] bottom boll on 30 mins would take us back down to 9057 
21:55 [Bunnygirl] lower low this 30 mins 
21:56 [Bunnygirl] 2 pips below the daily open now 
21:56 [Bunnygirl] watching for bounce 
21:56 [Bunnygirl] aljust tested the wma20 cross on cable 
21:57 [Bunnygirl] moving down to 5 mins for a closer look 
21:57 [Bunnygirl] 5 mins crossing down 
21:58 [Bunnygirl] 2 mins to new 30 mins 
21:58 [Bunnygirl] watching for the doji on 5 mins 
21:59 [Bunnygirl] this could be a continuation thingy 
22:00 [Soul-Trader2004] Well, its 11am near enough and time to call a close to the session. its not been majorly productive in terms of pips but then thats forex and weve seen an excellent example of whats going through bg's mind as she takes trades 
22:00 [Bunnygirl] do you want to carry on until the end of the trade? 
22:00 [Soul-Trader2004] we can do bg but ill close the session anyway 
22:00 [Soul-Trader2004] im sure you have all learned something from BG's session today and in a way its good that the morning was slow as then some great insights can come forward 
22:00 [Soul-Trader2004] Id like to personally thank BG for putting her head on the block today and to Dug for the headache bit of the session - thanks also to all those who contributed with worthwhile questions. also like to note the excellent behavior in here today - thanks for making it easy for us Please show your appreciation for bunnygirl. 
22:00 [jacquesp] tx bg 
22:01 [bbmac] absolutely, thank you bg 
22:01 [fluty] thx very much, Bunnygirl 
22:01 [BigBad1070] big thank you Bunnygirl! 
22:01 [Der] Thanks Diolch BG 
22:01 [M2] thankyou very much *choochoo* *choochoo* 
22:01 [Bradone] thanks Bunny!!!!!!!!!! 
22:01 [Pipex] tx bg 
22:01 [davidjl] Thanks bunnygirl and hi to everyone 
22:01 [CrazyHorse] Good on you Bunny ! 
22:01 [vuren] Tks bunny! 
22:01 [Grandpa999] WE thank you :D 
22:01 [phaeton] very useful infos, tnx a lot Bg 
22:01 [keres] great thanks bg 
22:01 [200dug] well done bunnygirl - fantastic session - thank you 
22:01 [FxOuch] thanks a bunch bunny :D 
22:01 [Jump] Many heartfelt thanks to all. 
22:01 [researcher9033] Thank you very much BG. 
22:01 [desoft] bye bunny 
22:01 [luckyalec] You r the GRATES 
22:01 [Luhaan] thanks BG 
22:01 [robrundle] THANKS BG 
22:01 [davidl] thanks BG!! 
22:01 [teo] :D 
22:01 [tuzex] thanx! respect BG! 
22:01 [swpfx] Thanks Bunny11 
22:01 [william5] YOU VERY MUCH 
22:01 [Samu] thanks BG 
22:01 [me4x] Thanks BG see u again 
22:01 [jaykay3] thanks bg - great session 
22:01 [Yellow] Ta BG 
22:02 [Firebold] thx 
22:02 [bbmac] is the buffet on now? 
22:02 [JC] cheers bunny 
22:02 [M2] lol 
22:02 [slate] great show BG andST 
22:02 [rawa] :p 
22:02 [spider22] thanks bg 
22:02 [soheiltb] thanksa lot 
22:02 [angie] yes thx bg, great 
22:02 [Bunnygirl] you're most welcome, I'm sorry we didn't make any pips, but if the market doesn't move, there's not much we can do. with hindsight we could have taken some pips on the long, but you saw my reasons for taking the short 
22:02 [hillbilly] Thanks BG 
22:02 [BigBad1070] well done dug 
22:02 [Soul-Trader2004] Details of the next session will be posted as an announcement in the main forum. 
22:02 [eddym] BG thenk you very much 
22:02 [JBro] you are so kind! 
22:02 [Grandpa999] Run Rabbit Run !!!!! 
22:02 [Soul-Trader2004] this will prob continue in here till the end of the trade then Please make your way to the main room and will the last one out please empty the ashtrays and switch off the lights :) 
22:02 [bbmac] last orders at the bar 
22:02 [Giotto] thx bunny, Soul and dug 
22:02 [bbmac] taxi for bg? 
22:03 [200dug] make mine a large one 
22:03 [Soul-Trader2004] 139 in chat today - a record i think on the new chat system 
22:03 [researcher9033] thanks ST and dug. 
22:03 [luckyalec] BUNNY o wch chat room w can tlk to You / 
22:03 [bbmac] i dont want to complicate things soul, but my neighbour was saat with me so 140 
22:03 [Soul-Trader2004] free for all now, try to keep it pertinent to this current trade and me and dug will go have a large scotch 
22:04 [angie] lol BB 
22:04 [Bunnygirl] thank you soul & dug, It's been tough in the hot seat, but you helped make the job a lot easier by fielding the questions 
22:04 [fluty] Thx Soul for organising - again 
22:04 [200dug] my pleasure bunny :) 
22:04 [Soul-Trader2004] if anyone wants to volunteer for the next session as a pro then please do so 
22:04 [Pipex] tx Soul and Dug 
22:04 [Soul-Trader2004] otherwise you may end up with me 
22:04 [M2] i wish i was lol 
22:04 [Soul-Trader2004] and that will never do 
22:05 [vuren] suggest soul and bbmac 
22:05 [Giotto] :D 
22:05 [bbmac] i'm going back next door to get the best seat 
22:05 [200dug] some one step forward please ;) 
22:05 [Soul-Trader2004] bbmac is booked in for the 18th march 2pm 
22:05 [Jump] i would if i wasn't so green 
22:05 [vuren] And you soul?? 
22:05 [angie] Agree Vuren - SOul or BBmac or BBmac or Soul 
22:05 [vuren] Angie, you after them 
22:05 [Bunnygirl] thank you all for joining me in my battle with the stops today :D 
22:05 [Soul-Trader2004] lol, well, ive only had one person suggest me so ill skip for a while if i can 
22:06 [vuren] I did read about yr consistency lol 
22:06 [angie] maybe a few weeks, vuren - but as a novice 
22:06 [hillbilly] well organised Soul & Dug, thanks! 
22:06 [angie] Soul, i'll line up 40 more 
22:06 [Soul-Trader2004] it might be nice to run a novice session next week to break it up a little 
22:06 [vuren] and another 40 
22:06 [angie] rent-a-crowd 
22:06 [angie] :) 
22:06 [fluty] Soul - me too - thats at least 3 for Soul Trader 
22:07 [vuren] back to main room, tks again everyone 
22:07 [Bunnygirl] can I do the novice one?...I'm so good at jumping the gun & ignoring stops??? :) 
22:07 [Soul-Trader2004] lol, well maybe after bbmac, we'll see 
22:07 [Soul-Trader2004] im looking for our first novice to come forward so please listen to this 
22:07 [vuren] Soul, imagine we ask everyone in the forum to pm you to ask you lol 
22:07 [Soul-Trader2004] a novice session will be in 2 halves 
22:08 [fluty] Does BBmac have to come on so late?? that'll be after midnight for all us aussies
2:08 [angie] worth it flute - think of it like staying up for NFP 
22:08 [darkstonexa] Okay thats it I'm calling quits on the logging now.. 
22:08 [Soul-Trader2004] a 2 hour trading session - the newbie trades as normal giving full reasons for trades and all the rest do is listen 
22:08 [darkstonexa] Soul I'll send you what I got incase you don't get your logs 
22:09 [fluty] I'll be there all right angie - just would prefer to be more alert! 
22:09 [Soul-Trader2004] the 3rd hour is taken in giving advice to the newbie for improvement 
22:09 [Bunnygirl] we're getting consolidation on cable at this level 
22:09 [Soul-Trader2004] by experienced traders onl;y 
22:09 [teo] I'm into that! 
22:09 [mizcreant] When will the logs be posted on this guys? 
22:09 [angie] yes same flute 
22:09 [Soul-Trader2004] if you would like to take part in this please email me sales@soulmanauctions.co.uk 
22:10 [darkstonexa] soul is traing officailly over ? 
22:10 [Soul-Trader2004] we can arrange for an anonymous login should you feel embaressed 
22:10 [Soul-Trader2004] yes mate 
22:10 [william5] Thanks to BG Next Soul after bbmac 
22:10 [Soul-Trader2004] officially 
22:10 [angie] lol SOul, they'd guess me by my accent 
22:10 [Soul-Trader2004] and your sexy legs angie 
22:10 [spider22] why is it ending, what is everyone going to bed? 
22:10 [darkstonexa] hehe I can still log this lot if you want? 
22:11 [bbmac] any volounteers to do the buffet, i'm down for the death watch vol-au-vonts and the chees and pineapple sticks 
22:11 [Bunnygirl] it's tea & toast time 
22:11 [Firebold] it's meal time :D 
22:11 [Soul-Trader2004] chances are well use the official transcript darkie 
22:11 [angie] looking at the wrong gril here BB - call in the caterers 
22:11 [me4x] still early for breakfast 
22:12 [Bunnygirl] we've just had 2 doji's on 5 min cable 
22:12 [Firebold] the ranges are still small 
22:12 [BigBad1070] what does this mean to you BG? 
22:12 [Firebold] the will get smaller till NFP 
22:13 [Bunnygirl] it means the ema5 is catching up with the move down, & I'm looking to see a bounce down off it 
22:13 [Bunnygirl] at least to bottom boll 
22:13 [bbmac] ok so buffet menu is spam vol au vaunts, cheese and spam, spam and spam, spam spam spam spam and spam 
22:13 [Bunnygirl] where I can get out & wait for the news 
22:14 [BigBad1070] thank you again 
22:14 [denham] can we have spam fritters - like we used to get at school? 
22:14 [mizcreant] can anyone tell me when logs of this caht will be available? 
22:14 [200dug] wat about fish ? i ate phish lol 
22:15 [bbmac] they've been banned, contained sudan1 apparently 
22:15 [Atomised] this class still on? 
22:15 [Bunnygirl] i'm still here 
22:15 [Atomised] can i ask a question so? 
22:15 [Bunnygirl] i'll stay until i've closed the trade, rambling on 
22:15 [Soul-Trader2004] the logs should be posted tomorrow afternoon 
22:15 [Bunnygirl] sure, fire away 
22:15 [teo] I'm +1 on gbp gimmie, this is when I get noivous 
22:16 [Atomised] cool, was wondering would small rangy days like today not put u off taking trades? 
22:16 [teo] and do funny things 
22:16 [mizcreant] thank you. it's 3:00 am here, so I didn't get most of it. 
22:16 [Bunnygirl] we just had a bounce down off ema20 on 5 mins 
22:17 [waxwing] does the market tend to stay quiet for 4 or 5 hours before NFP? 
22:17 [Bunnygirl] atom - we only know it's small rangy with hindsight 
22:17 [waxwing] cos I was planning to do some trading :D 
22:17 [200dug] I think nina should do a session she/he always has plenty to say ! 
22:17 [teo] There's a tl from the 9am bottoms and it has been broken down? 
22:17 [Bunnygirl] there was a very small overnight range, so I thought there might be a chance of a bigger move this morning 
22:17 [angie] and expose the magnet recipe, duggie 
22:18 [Atomised] Bunny yeah i know but say it's only a 29 range now most days it's bigger 
22:18 [Atomised] by now 
22:18 [Bunnygirl] we're heading for the bolls now 
22:18 [vuren] I think the pivot ind on mt4 is magic for levels 
22:18 [bbmac] 60ish the support to be broken 
22:18 [darkstonexa] I'll mail you what I got 
22:18 [200dug] well he/she has enough suggestions for our experts so be one herself lol 
22:18 [Atomised] i hope so bb u short too? 
22:19 [bbmac] from 77 yes atom 
22:19 [Atomised] cool 73 here 
22:19 [luckyalec] Bunny on wich chat room we can see You in the future ? 
22:19 [Bunnygirl] in the main room, some evenings 
22:20 [luckyalec] cos we mis You 
22:20 [Nina] Bunny, could suggest a better s/l for your short on cable? 
22:20 [Bunnygirl] sure 
22:20 [darkstonexa] should have it in a bout 2-3 mins 
22:20 [Bunnygirl] i meant sure to nina  
22:21 [Bunnygirl] i miss the chatroom too alec, but it's hard to trade & answer questions day in day out 
22:22 [luckyalec] yes i know 
22:22 [Der] I thought for one moment you were female version of Gavin Henson BG 
22:22 [Nina] Above 92 and you reverse with s/l below 86 if it trades above 1.9105 
22:22 [Bunnygirl] who's gavin henson? 
22:22 [Der] LOL 
22:23 [Bunnygirl] no really, who's gavin henson? 
22:23 [Bunnygirl] nina, I had 9091 for entry long 
22:23 [Bunnygirl] 86 is the pivot point 
22:24 [fluty] Bunnygirl, are you still concerned about the 100ema just ahead of that long entry? 
22:24 [Bunnygirl] 5 mins to new 30 mins 
22:24 [Bunnygirl] yes fluty 
22:25 [Der] Plays rugby for Wales. Don't worry.... 
22:25 [fluty] That sgood then 
22:25 [Nina] 91 is not clear for mine magnets. 
22:25 [fluty] thought I might have missed something! 
22:25 [researcher9033] hi BG,learnt alot this morning, thank you again. Just wondered what will you be looking for in NFP nos and what action will you take? 
22:26 [Nina] I need to see it in that range 84-105 
22:26 [Nina] reserarcher, Nonfarm payrolls Consensus Forecast for Feb 05: 200,000 Range: 160,000 to 275,000 Unemployment rate Consensus Forecast for Feb 05: 5.2 percent Range: 5.2 to 5.3 percent Average workweek Consensus Forecast for Feb 05: 33.8 hours Range: 33.8 to 34.1 hours Average hourly earnings Consensus Forecast for Feb 05: 0.2 percent Range: 0.2 to 0.3 percent Consumer sentiment Consensus Forecast for Feb 05: 94.2 Range: 93.5 to 94.7 Factory orders Consensus Forecast for Jan 05: 0.0 percent Range: -0.6 to 0.4 percent 
22:26 [Bunnygirl] fluty, this is where the ema vs wma argument comes in 
22:27 [fluty] Yes BG? 
22:27 [Bunnygirl] wma100 would be below the long entry, but it would run smack bang into the ema100 
22:27 [fluty] What do you normally do? 
22:28 [Bunnygirl] ema100 at 1.9097, wma 100 at 1.9083 
22:28 [Dan_S] whats the profit target for your short cable now? 
22:28 [researcher9033] thanks Nina 
22:28 [Bunnygirl] it depends how keen I am to click the mouse :D 
22:28 [Bunnygirl] dan - i'd be happy with b/e right now 
22:29 [fluty] getting tricky then, BG *) 
22:29 [Dan_S] well, I re-entered on the gimee 
22:29 [Bunnygirl] fluty, if it goes above the wma100 & then uses it as support I'd use the wma100, but i'd watch carfully for resistance at ema100, no messing with stops 
22:31 [fluty] That sounds sensible - so out in a flash if it bounces back off ema? 
22:31 [Bunnygirl] reasercher - I'm waiting for the dust to settle after the news, even if it takes an hour to settle 
22:31 [Bunnygirl] yes fluty, it all depends what the 'big boys' are using 
22:31 [Bradone] so will you exit this trade either way b4 nfp? 
22:32 [researcher9033] ok, thanks BG 
22:32 [Bunnygirl] Der...right, that's where I've heard the name :D, I was trying to think of a trader 
22:33 [davidjl] Hi everyone,only found this board yesterday, a real helpful place, nice friendly people. Thanks Bunnygirl,it was very interesting. 
22:33 [fluty] I follow. Thx BG. Really nice having you back here again :) 
22:33 [Bunnygirl] no Brad, I''m jusst hanging on here to exit at the best price I can...I've often noticed that if i'm in a losing trade it will come back to my price just before the news...if it does I ALWAYS get out 
22:34 [Bunnygirl] hi David, welcome aboard 
22:34 [Bradone] 0 is a nice round # I find after - has hung around for awhile lol lol 
22:35 [jaykay3] cheers - thanks darkstone - i tried to save it myself but pressed the wrong button and kicked myself out of the chatroom 
22:35 [Bunnygirl] yes, & the 50 
22:35 [davidjl] Thanks Bunny, have we met on another board? Your generosity and sense of humour seem familiar 
22:35 [darkstonexa] No 22:35 [problems I'mBigBad1070] do  youalways happy keep  to help a where I lot of notescan 
 bunnygirl? 
22:36 [Bunnygirl] I've got an A4 diary, a page for each day 
22:36 [BigBad1070] what things do you put in it? 
22:36 [Bunnygirl] I don't know David, where else do you hang out? 
22:36 [davidjl] T2w, elite 
22:37 [Bunnygirl] nah, not me 
22:37 [Soul-Trader2004] 4th march: dear diary, today i did a training session and vow never to do it again lol 
22:37 [200dug] lol 
22:37 [BigBad1070] lol 
22:37 [Bunnygirl] hehe :D 
22:37 [Soul-Trader2004] bbmac, are you real!! 
22:37 [Bunnygirl] at least not on NFP day 
22:37 [Soul-Trader2004] bloody ken dodd 
22:37 [bbmac] classics, all of them 
22:38 [Bunnygirl] it's all your fault Sould, you know that don't you????...we were planned for Wednesday 
22:38 [Soul-Trader2004] i know - but without a mod it could have been chaos 
22:38 [bbmac] ok g/l 
22:38 [bbmac] ignore last post sorry 
22:38 [Soul-Trader2004] ken dodd, jungle book 
22:38 [Bunnygirl] you main just as it used to be in the main chat room? 
22:38 [Soul-Trader2004] you muppet 
22:39 [bbmac] its discomknockerating 
22:39 [Soul-Trader2004] lol, youd have had more than that - this lot dont know you so well 
22:39 [Bunnygirl] Diddy Men 
22:39 [bbmac] didde fiddle 
22:39 [bbmac] course he did 
22:40 [bbmac] tax 
22:41 [rosstodd] Bunny Girl - would you consider doing a session with audio and charts? 
22:41 [Bunnygirl] forget the audio, but I'd love to do one with charts 
22:41 [mizcreant] that would be awesome. 
22:41 [Bunnygirl] swissy on the move 
22:42 [BigBad1070] What is your biggest pip gain in a day so far bunny? if this is not too personal 
22:42 [bbmac] soul is winamp down?? 
22:43 [Bunnygirl] on one straight trade with one pair, it was 204 on cable 
22:44 [Bunnygirl] that was april last year 
22:45 [Jump] and that was a 30-minute chart, right? 
22:45 [M2] may I ask what your average gain is? 
22:45 [Bunnygirl] yes it was off a 30 min chart 
22:46 [Bunnygirl] average gain I would say is around the 20 - 30 pips 
22:46 [Atomised] success rate? 
22:46 [Bunnygirl] we've had the pullback on cable to 61% 
22:46 [M2] ty 
22:47 [Bunnygirl] success is hard to say 
22:47 [BigBad1070] i have heard others say that trading has been diffcult in the last two months, how have you found it? 
22:47 [Bunnygirl] there are trades I've pulled out that I shouldn't, trades i've taken that I shouldn't, left things run & got away with 
22:48 [Bunnygirl] I've found the trading pretty much about the same 
22:48 [Atomised] Bunny sorry guess i phrased it wrong your ratio of winners vers losers 
22:48 [Bunnygirl] when you work off small timeframes like the 30 mins & 5 mins it doesn't matter which way it's going in the long run 
22:49 [Bunnygirl] again atom, that's hard to say because I break the rules ..for instance today should have been a loser (& it still may be), & some 
22:50 [Atomised] alright your short now yes? 
22:50 [Bunnygirl] & some are losers because I was up by say 15 pips & I let it slide 
22:51 [Bunnygirl] yes, still short, -6 at the moment 
22:51 [teo] That's what I find most difficult with the cross, those 15 pips up and then going dooooowwwwwn 
22:51 [Bunnygirl] all I do know is I would make far more pips if I was more disciplined & followed the rules every time 
22:51 [Atomised] wouldn't we all 
22:51 [Bunnygirl] teo - that's where the multiple lots come in 
22:52 [Bunnygirl] I've learned the hard way to take the first 10 - 15 
22:52 [teo] thks :) 
22:52 [Soul-Trader2004] sorry bbmac - for some reason mouse and kb just locked - had to reboot 
22:53 [Bunnygirl] the way I talked myseslf into doing that was this - 
22:53 [teo] My missus says I have to take 7/10 and run 
22:53 [bbmac] thx mate 
22:53 [Soul-Trader2004] radio is on folks if you want in - funky time today http://217.79.98.113:8000/listen.pls 
22:53 [Bunnygirl] if the cross entry is making a breakout - what always comes after a breakout?? 
22:53 [Soul-Trader2004] or make your own requests here http://www.soulmanauctions.co.uk/songs/ 
22:53 [teo] a retrace 
22:54 [Bunnygirl] as we saw today, it broke out by 1 pip & pulled back 
22:54 [Soul-Trader2004] apart from jungle book 
22:54 [darkstonexa] must put that on next then 
22:54 [Soul-Trader2004] these swings are taking ages to mature 
22:55 [Bunnygirl] so I take whatever I can above +10 with half, then I can afford -10 on the rest & still b/e 
22:55 [teo] ok 
22:55 [Atomised] wish this would move so i could go out on the bike 
22:56 [Bunnygirl] especially if the 1st 10 pips was a fast move, it could be just stop-running 
22:56 [teo] I'll try that 
22:56 [teo] this week got stopped like ten times 
22:57 [Bunnygirl] even on weds & thuyesterday? 
22:57 [teo] I got chf on wednesday 
22:58 [teo] somewhow i messid the others and/or got stopped 
22:58 [Bunnygirl] 2 mins to new 30 mins 
23:00 [Bunnygirl] if the bar that hits the entry is a big bar that has covered the filter in one go, I wait for a pullback to either the ema5, or the ema20 
23:00 [BigBad1070] do you have any stop on this trade right know? 
23:01 [Bunnygirl] yes big bad, the top of this bar 
23:01 [darkstonexa] man I need these markets to move, can't close out orders till they do 
23:02 [Jump] has anyone done a chart showing trade development pertaining to exits and stops based on 4 lots? 
23:02 [Jump] (whew, that was a long question, Jump) 
23:03 [Bunnygirl] do you mean a chart of results? 
23:03 [Jump] no, i mean a chart showing progress with closing out and stops. 
23:04 [Jump] like, fist lot, move stop to cover spread after 10-20+, etc. 
23:04 [Jump] first lot 
23:04 [Bunnygirl] I take 1st half at 10 - 20 pips, 30 if I can 
23:05 [Bunnygirl] move stop to b/e at 20 - 30 pips but watching where the last swing high was on 5 min chart 
23:05 [Bunnygirl] 3rd lot out at +50, or if it doesn't reach that +30 
23:06 [Bunnygirl] 4lot for +100, or +50 if it doesn't reach it 
23:07 [Bunnygirl] set & forget & just come back every 30 mins is the best way for me, so I can't meddle with anything 
23:07 [Jump] when you say break even, you would move the three remaining lots' stops to just -30 if you closed out the first lot at +30? please excuse this duh question, but i seem to have a mental block when it comes to "break even" and what it really means to a trade. 
23:08 [Dan_S] where is your stop now BG? 
23:08 [Bunnygirl] breakeven is when you exit at the price you entered 
23:08 [Bunnygirl] my stop is still above these last 5 min bars 
23:09 [Dan_S] thx 
23:09 [Jump] ty and ty 
23:10 [Bunnygirl] cable just doesn't want to go back below the daily open 
23:10 [Bunnygirl] cummon 
23:10 [Atomised] cable wants a kick up the arse 
23:10 [Bunnygirl] swissy is sitting on the open too 
23:11 [Bunnygirl] this is where I'd set alerts & go off & do some washing 
23:11 [BigBad1070] do you trade the eur/jpy much? 
23:11 [Atomised] had to have known that Bunny u could have done mine 
23:11 [M2] everyones waiting for nfp *) 
23:11 [Bunnygirl] not these days, no reason really, just felt I had enough on my plate with cable & swissy 
23:12 [Bunnygirl] I do take the odd eur trade if the other 2 are doing well 
23:12 [BigBad1070] so not even eur/usd? 
23:12 [BigBad1070] ok 
23:12 [Bunnygirl] sorry, eurusd i meant 
23:13 [Bunnygirl] i always used to find eurjpy was in a world of it's own, it's easier to trade correlated pairs 
23:13 [Bunnygirl] for me anyway 
23:14 [BigBad1070] any advice for someone learning forex? 
23:14 [Atomised] trade small 
23:15 [Bunnygirl] don't give up your day job :) 
23:15 [Mark66] lol 
23:15 [Firebold] lol , too late 
23:15 [Firebold] don't risk more than 2-3% of your account size 
23:16 [Atomised] ask loadsa questions no matter how stupid they may seem 
23:16 [Bunnygirl] don't overtrade, whether winning or losing 
23:16 [BigBad1070] what would you call overtrding? 
23:17 [Firebold] 24 hours a day :D 
23:17 [Atomised] or revenge trading 
23:17 [Atomised] never works 
23:17 [phydeaux] Which one of you guys is Bunnygirl? 
23:17 [Firebold] I would say bunnygirl = bunnygirl ;) 
23:18 [Yellow] BG, Would you enter a trade with weekend so close. 
23:18 [Jump] me 
23:18 [Jump] not 
23:18 [waxwing] i have a stupid question: what time is NFP? 
23:18 [Jump] (remembering Spartacus) 
23:18 [Firebold] in 72 minutes 
23:18 [waxwing] i have a stupid question: what time is NFP? 
23:18 [Bunnygirl] 1.30pm, & it's not a stupid question if you havn't seen one before 
23:19 [Bunnygirl] www.forexnews.com gives a calender of major events for the week, well worth checking out 
23:19 [waxwing] sorry massive lag. thanks firebold 
23:19 [waxwing] so bugger all trading until then 
23:20 [waxwing] thx bg as well 
23:20 [Bunnygirl] np 
23:21 [Bunnygirl] i'm thinking there will be a few people long from earlier breakout, so it may come down to shake them out before it goes up with the news? 
23:22 [Bunnygirl] and all thos short from ealrier should have been shaken out when it broke up? 
23:22 [Firebold] what are you thinking. Dollar falls if data is higher then forecasts or will rise? 
23:23 [Bunnygirl] no idea fire, it always comes as a surprise to me :D 
23:23 [Firebold] would be to easy to know ;) 
23:23 [Bunnygirl] this might be our chance to get out here 
23:24 [Bunnygirl] 5 mins has just touched bottom bolls, because with time the bolls have moved up 
23:24 [Bunnygirl] cable is below the open now, but so is swissy ! 
23:25 [Bunnygirl] 5 mins to new 30 mins 
23:26 [Bunnygirl] back on the bolls 
23:26 [Bunnygirl] decision time 
23:28 [Soul-Trader2004] latest currency mag is available here http://www.currencytradermag.com/ja0u40.htm 
23:28 [Bunnygirl] cable is trying to cross down 
23:29 [teo] Bunny, what about the psichologiacal side? The itchy fingers, wanting to be in? change the trade, etc etc. How does one work it out or around it? 
23:29 [Bunnygirl] teo, find lots of odd jobs around the house 
23:30 [Bunnygirl] force yourself to walk away & set alerts, then come back every 30 mins for the end of one bar & the beginning of the next 
23:30 [davidjl] bye everyone, got to go, thanks again 
23:31 [Bunnygirl] if you take 2 losses, then paper trade the next one 
23:31 [teo] Yep I do that in my shop In Skye, yet it can be a bit unsettling to come back to a change or don't remember why I did that. Will keep the odd jobs on though thanks 
23:31 [Bunnygirl] if you get a big win then paper trade the next one 
23:31 [teo] and thanks for all, great dfay 
23:32 [Bunnygirl] if you find it hard to paper trade, then use minimum stake 
23:32 [Bunnygirl] It's been great catching up with you all again, I've missed being here in the day 
23:33 [teo] ok ok yes, pure common sense 
23:33 [teo] And hopefully some more experience 
23:33 [teo] I know it took me some years to learn to sail my boat and win 
23:34 [teo] so I exspect it the same here 
23:34 [teo] Keep the common sense while the ball is rolling 
23:34 [Bunnygirl] the bolls are tight on 5 mins now 
23:34 [teo] Keep the sel-esteem up no matter what 
23:35 [Soul-Trader2004] nothing worse than tight bols 
23:35 [imgunn] or blue bols 
23:35 [vuren] lol 
23:35 [teo] soul lol 
23:35 [Bunnygirl] :D 
23:36 [Bunnygirl] hmm, the dog has just come in to sit with me 
23:36 [Soul-Trader2004] my bols are aching 
23:36 [Soul-Trader2004] watch the dog - they lick their bols 
23:36 [Atomised] only cos they can 
23:36 [Bunnygirl] well that would be a miracle if she did 
23:37 [Soul-Trader2004] lol 
23:37 [BigBad1070] thats funny 
23:37 [phydeaux] May I ask what trade/s are open now ? (and get an answer as to what trades are open ?) 
23:37 [Bunnygirl] i'm short cable at 1.9062 
23:38 [phydeaux] Thank you. 
23:38 [Atomised] short @73 
23:38 [imgunn] short 
23:40 [desoft] short @62 
23:40 [traderdesk] Short euro/$ until 1.32 is convincingly broken 
23:41 [desoft] bunny, was your stop at 81 
23:41 [Bunnygirl] it was supposed to be at 71 bid 
23:42 [Bunnygirl] since 12.10 
23:43 [Soul-Trader2004] short@87 :) 
23:43 [Atomised] how big is that magazine soul? 
23:43 [vuren] it seems everyone expects good data. Maybe already somewhat priced in. Huge surprise to the uoside if not as good as expected 
23:43 [Firebold] about 4-5 MB 
23:43 [Soul-Trader2004] how big is your printer paper? 
23:44 [Firebold] 63 sites :D 
23:44 [Atomised] god and me on dial up 
23:44 [Soul-Trader2004] 20 minutes then 
23:44 [Firebold] lol 
23:44 [Atomised] 20 yrs more like 
23:44 [Atomised] i need broadband 
23:44 [Firebold] I loaded all from octobre in 2 min ;) 
23:45 [Firebold] pdf file 
23:45 [Firebold] and thx soul for the link 
23:45 [Bunnygirl] finger on trigger 
23:45 [Firebold] seems to be interesting articles 
23:46 [Soul-Trader2004] current open pozzies for those interested short euro from 88, short cable from 87, long swissy from 65 and long EJ from 31 
23:46 [Soul-Trader2004] current net pips =+109 
23:47 [angie] was cable a viagra Soulie? 
23:47 [Soul-Trader2004] shouoldnt do that here - sorry, should be in main room 
23:47 [Soul-Trader2004] it was the shhwinngg system angie 
23:47 [Firebold] np soul :) 
23:47 [desoft] out @80 
23:47 [Soul-Trader2004] its a variation on my hildabaker strat 
23:48 [angie] shwinngg or schwinngg? 
23:48 [Soul-Trader2004] yes 
23:48 [Soul-Trader2004] lol 
23:48 [Bunnygirl] you big girls' blouse you :D 
23:48 [angie] sorry to be pedantic, but i only know the schwinngg system 
23:48 [angie] :) 
23:48 [Firebold] lol 
23:49 [Soul-Trader2004] she knows you know 
23:49 [Atomised] phew at last 
23:49 [Soul-Trader2004] have you been waldo? 
23:49 [Bunnygirl] walter 
23:49 [Soul-Trader2004] waldo 
23:49 [Bunnygirl] walter 
23:49 [Soul-Trader2004] waldo 
23:50 [Bunnygirl] walter 
23:50 [Soul-Trader2004] waldo 
23:50 [Bunnygirl] defo walter 
23:50 [Soul-Trader2004] defo waldo 
23:50 [bbmac] walter 
23:50 [Bunnygirl] thnx bb 
23:50 [Firebold] *) 
23:50 [Soul-Trader2004] look, i started this and if i say waldo then its waldo 
23:50 [bbmac] ive been sat sitting here weatching you two squabble!!! 
23:50 [Soul-Trader2004] :? 
23:51 [Soul-Trader2004] waldo was his nickname 
23:51 [Bunnygirl] never in europe 
23:51 [Jump] <--- is clueless but entertained 
23:51 [bbmac] thats it soul, put your foot down with a heavy hand 
23:51 [Soul-Trader2004] so there *evil* 
23:51 [angie] thought that was nina 
23:52 [Bunnygirl] hehe, this comp doesn't have s sound card, na na nana na 
23:52 [Bunnygirl] colostomy? 
23:52 [Soul-Trader2004] *raspberry* 
23:53 [Soul-Trader2004] somehow i knew that was coming 
23:53 [Bunnygirl] sorry 
23:53 [Soul-Trader2004] neither me nor dug would allow it and he threw the teddy out the cot 
23:54 [Bunnygirl] i take all questions & suggestions 
23:54 [bbmac] 99 red balloons 
23:54 [Atomised] nina is a he? 
23:54 [Atomised] jasus 
23:55 [Soul-Trader2004] named after a cat 
23:55 [Atomised] lol 
23:55 [Atomised] ok 
23:55 [bbmac] thats who nina is, its nina from '99 red balloons' 
23:55 [bbmac] really 
23:55 [Soul-Trader2004] yeah 
23:55 [Atomised] that must have came out while i was working 
23:55 [Bunnygirl] fridge magnets again, i've got a few of those 
23:55 [bbmac] as i live and breathe 
23:55 [Soul-Trader2004] nina is a journalist 
23:55 [Soul-Trader2004] allegedley 
23:55 [bbmac] under-cover expose 
23:56 [angie] whats 99 red balloons, bb? 
23:56 [bbmac] of forex traders 
23:56 [Soul-Trader2004] nena 
23:56 [Atomised] a song 
23:56 [Firebold] a song 
23:56 [vuren] hey, fortunately this is not gossiping ?? lol 
23:56 [Firebold] from germany :D 
23:56 [bbmac] remember nina 99 red ballons song in early 80's angie/ 
23:56 [angie] sounds a real number one 
23:56 [bbmac] it was 
23:56 [Soul-Trader2004] oh what a song 
23:56 [Bunnygirl] 4 mins to new bar 
23:56 [Soul-Trader2004] next up is brilliant 
23:56 [bbmac] it is about nuclear war 
23:56 [imgunn] are we talking the happy hardcore red balloons ? 
23:56 [bbmac] and peace protestors 
23:56 [angie] no, but i should BB, i used to listen to music then