........Here take this with you in your mind to the vacation, have a good one mate.......
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The Chonchy
Walk the Talk from a fun loving discretionary trader 46 replies
You talk the talk I walk the talk 8 replies
Disliked.........great post mfoste1, like usual, but this one is great.......thanksIgnored
DislikedYou're always welcome my friend. This was a tough latter half of the week for me. I positioned myself with awesome fills on my discretionary EURUSD shorts in order to start a short directional position, however my technical levels kept breaking. My last fill was at 1.3053 and I was stopped out at even, that being said I would look for this level to be a support intraday as that is a very strong level. The next level I have as a decent support is 1.3033. I am done for the week now as I usually don't like to trade on Fridays especially after a move...Ignored
DislikedYou're always welcome my friend. This was a tough latter half of the week for me. I positioned myself with awesome fills on my discretionary EURUSD shorts in order to start a short directional position, however my technical levels kept breaking. My last fill was at 1.3053 and I was stopped out at even, that being said I would look for this level to be a support intraday as that is a very strong level. The next level I have as a decent support is 1.3033. I am done for the week now as I usually don't like to trade on Fridays especially after a move...Ignored
DislikedI normally do not like Friday's, but I started Short position trading on the spikes late last night, and now it looks like I will be holding 2 positions going into the weekend.
Looks like we will have to wait for the Bears to get on the bus with us, for now I feel like an abandoned puppy left on the side of the road.
I hope everyone has a great weekend, I work every weekend, and I might have to put in a few hours to pay for my shorts lol.
N2Ignored
DislikedI normally do not like Friday's, but I started Short position trading on the spikes late last night, and now it looks like I will be holding 2 positions going into the weekend.
Looks like we will have to wait for the Bears to get on the bus with us, for now I feel like an abandoned puppy left on the side of the road.
I hope everyone has a great weekend, I work every weekend, and I might have to put in a few hours to pay for my shorts lol.
N2Ignored
Dislikednahhhhhhhh, is droping today, for sure.....take my word for it....go short, go short so I can be short lol......just kidding N2......Ignored
DislikedI plan to short more, but I am working a 100 pip distance between entries....
The Fed can only print 40 Billion a month for so long, somewhere along the line the Bulls (or the appearance of bulls) will fail.. and EuroZone and US Economy problem's will stick it's little ugly head up and SCREAM HAH< sucker longs.....
I do not believe for one moment the problems are over, they are only being hidden by manipulated numbers in order to secure an election.
It will happen once again, just like it always has, up-up-up, then the hammer....
N2Ignored
DislikedNever think like that buddy and never speculate anything
Dont Involved any Emotion with FED,ECB,BOJ or whatever...Just follow the chart said..there's the money existIgnored
DislikedNever think like that buddy and never speculate anything
Dont Involved any Emotion with FED,ECB,BOJ or whatever...Just follow the chart said..there's the money exist
Removed "This is Overbought or Oversold Mindset" This is the Opportunity For Big Boys swallowed Dry all the Players card...Ignored
DislikedI plan to short more, but I am working a 100 pip distance between entries....
The Fed can only print 40 Billion a month for so long, somewhere along the line the Bulls (or the appearance of bulls) will fail.. and EuroZone and US Economy problem's will stick it's little ugly head up and SCREAM HAH< sucker longs.....
I do not believe for one moment the problems are over, they are only being hidden by manipulated numbers in order to secure an election.
It will happen once again, just like it always has, up-up-up, then the hammer....
N2Ignored
DislikedSF FED Pres Williams got the nod
i watched this interview at the time and thought there was no way the FED would embark on an open ended no end in sight print to infinity policy
wrong
Bloomberg interview from Aug 31, Jackson Hole
http://www.bloomberg.com/video/willi...blJvg9k8g.html
with the S&P at 1460 is what happened yesterday a repeat of the impact from sept 2010 QE2? and relentless march higher........there appears to be NO downside
Oil to $150, and gold over $2000?...Ignored
DislikedEven though I am positioned for a longer term setup, I have been scalping my regular setups, as FX stated "Follow the chart."
I have been making profits on the upper moves at stall areas, slowly chipping at the small losses the positions have me in.
I am only shorting EU, no hedging any other pairs.
N2Ignored