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Went fishing, caught a whopper...!

Phil Newton's picture
Posted November 20th, 2008 by Phil Newton

Hi Folks,

As mentioned earlier I was staying at the trading desk... and boy I'm glad I did. Sometimes waiting for that one trade is really worth waiting for.

Literally just sat down from the lunch break and there were a few nice fibs setting up. on the 3 cross rates that I was looking at this morning

On this video the Fib strategy and bias change is out lined in detail along with the ATM method for locking in profits.

Enjoy

Phil

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when the fish are biting keep fishing...

Phil Newton's picture
On November 20th, 2008 Phil Newton says:

Man, I just got my hook baited and back in the water and then there is another tug as the line goes tight, STRIKE, fish on! scale outs met... just need to see if the market will allow me to scoop this one into the landing net for weighing.

 

 

Looks like a tiddler...

Phil Newton's picture
On November 20th, 2008 Phil Newton says:

Reeling this one in. Just looks like a tiddler at the moment

audjpy taking some line out....

Phil Newton's picture
On November 20th, 2008 Phil Newton says:

audjpy is running and its taking some line off the reel... this one feels like a big'un. Just need to real it in and get the landing net under it for weighing

 

GJ running as well...

Phil Newton's picture
On November 20th, 2008 Phil Newton says:

GJ running as well...

CJ pulling line off the reel

Phil Newton's picture
On November 20th, 2008 Phil Newton says:

CJ pulling line off the reel too...

The weigh in on these is going to be great!

LOL

caprica1's picture
On November 20th, 2008 caprica1 says:

Loving the fishing talk! lol

John Wilson might

Phil Newton's picture
On November 20th, 2008 Phil Newton says:

John Wilson might say...

"What a clonker!"

GJ swing target met

Phil Newton's picture
On November 20th, 2008 Phil Newton says:

GJ hit its earlier swing target at 138.90.

This fish I managed to land and weights in at 300 pips.

It might have weighed more but its late and its hit target... swingers are still on

 

Two in the keep net...

Phil Newton's picture
On November 20th, 2008 Phil Newton says:

I've put the last two intraday trades in the keep net. Profits locked in with the usual ATM.

Going to walk away from these for a little whle now and check up on them later

Phil, I can say only one

Fxbee's picture
On November 20th, 2008 Fxbee says:

Phil,
I can say only one word, "WOW"
Fxbee

Justy Lucky

Phil Newton's picture
On November 20th, 2008 Phil Newton says:

Lucky that I was at the desk and lucky that Mrs N. is working late as well

cadjpy landed

Phil Newton's picture
On November 20th, 2008 Phil Newton says:

Finally landed this one, weighing in at 200 pips. Swinger still open

audjpy landed

Phil Newton's picture
On November 20th, 2008 Phil Newton says:

Finally a little bit of night fishing paid off.

After seeing some screaming reels and paying out lots of line, finally wound this fat boy into the landing net.