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  • #3,561
  • Aug 25, 2020 3:22am Aug 25, 2020 3:22am
Quoting bobby2
Long EU H1 @ 1.1807 {image}
Still long EU. Now +30. Nearing yesterday's highs.
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  • #3,562
  • Aug 25, 2020 3:23am Aug 25, 2020 3:23am
Quoting pips29
{quote} No..it's very windy and stormy looking over here
Oh ok.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #3,563
  • Aug 25, 2020 3:25am Aug 25, 2020 3:25am
that was quick -16
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the cautious seldom err....C
  • #3,564
  • Aug 25, 2020 3:25am Aug 25, 2020 3:25am
I have a GU Buy. The TP is ambitious and I'll adjust that if need be.....

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Doing what you like is Freedom. Liking what you do is Happiness.
  • #3,565
  • Aug 25, 2020 3:38am Aug 25, 2020 3:38am
short loonie
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the cautious seldom err....C
  • #3,566
  • Aug 25, 2020 3:48am Aug 25, 2020 3:48am
Quoting realjumper
I have a GU Buy. The TP is ambitious and I'll adjust that if need be..... {image}
PA to +17 so SL to BE
Doing what you like is Freedom. Liking what you do is Happiness.
  • #3,567
  • Aug 25, 2020 4:26am Aug 25, 2020 4:26am
Quoting realjumper
{quote} PA to +17 so SL to BE
The PA is sitting almost exactly at yesterdays high. It's not backing off (yet!) so I'll leave it alone to see whether it can pop up or not.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #3,568
  • Aug 25, 2020 4:34am Aug 25, 2020 4:34am
EU is wafting. It's floating around between 1823 and 1830. EU should just waft itself up to 1.1875. Just sayin'................
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  • #3,569
  • Aug 25, 2020 4:37am Aug 25, 2020 4:37am
Quoting bobby2
EU is wafting. It's floating around between 1823 and 1830. EU should just waft itself up to 1.1875. Just sayin'................{image}
I suppose that NY open in about 20 min will be the 'make or break' dealer.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #3,570
  • Aug 25, 2020 4:55am Aug 25, 2020 4:55am
Quoting bobby2
EU is wafting. It's floating around between 1823 and 1830. EU should just waft itself up to 1.1875. Just sayin'................{image}
I should keep my mouth shut
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  • #3,571
  • Aug 25, 2020 4:57am Aug 25, 2020 4:57am
Quoting bobby2
{quote} I should keep my mouth shut {image}
I see that USDX has bounced off the BRN which (I guess) has pushed EU down a bit. GU is hanging in there at present, but that might all change in a few minutes when NY fires it's first shot!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #3,572
  • Aug 25, 2020 5:08am Aug 25, 2020 5:08am
Quoting realjumper
{quote} I see that USDX has bounced off the BRN which (I guess) has pushed EU down a bit. GU is hanging in there at present, but that might all change in a few minutes when NY fires it's first shot!
As far as August market volatility goes, this year hasn't really been that bad. Often the last 2 weeks of August the market is like a ghost town.
  • #3,573
  • Aug 25, 2020 5:09am Aug 25, 2020 5:09am
I think the hardest part for me is doing nothing ....
I review all my pairs but I cannot find any configuration that suits me
  • #3,574
  • Aug 25, 2020 5:11am Aug 25, 2020 5:11am
Quoting thomi
I think the hardest part for me is doing nothing .... I review all my pairs but I cannot find any configuration that suits me
It can be frustrating, that's for sure. It's a real test of discipline to stay out and be frustrated, as opposed to breaking your own rules and then being upset with yourself!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #3,575
  • Aug 25, 2020 5:14am Aug 25, 2020 5:14am
Quoting bobby2
{quote} As far as August market volatility goes, this year hasn't really been that bad. Often the last 2 weeks of August the market is like a ghost town.
I think that (generally speaking), this year has been pretty good. Last year and the one before was hard work, but for the most part, the PA has behaved itself this year. Hopefully that will continue.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #3,576
  • Aug 25, 2020 5:28am Aug 25, 2020 5:28am
Quoting thomi
I think the hardest part for me is doing nothing .... I review all my pairs but I cannot find any configuration that suits me
If you are not seeing anything that fits your trading rules, you are doing the right thing by standing aside. Believe me, it's difficult for all of us, but it's also a skill that will serve you well.
  • #3,577
  • Aug 25, 2020 5:30am Aug 25, 2020 5:30am
Long GU

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  • #3,578
  • Aug 25, 2020 5:31am Aug 25, 2020 5:31am
I don't think my GU Buy is going to survive, but regardless, here's the M15 USDX chart. You can see that it bounced off the 93.000 BRN, and despite the (crudely drawn) channel, there's no real sign that it's going down to break that BRN line, at least I can't see one! Time will tell though

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Doing what you like is Freedom. Liking what you do is Happiness.
  • #3,579
  • Aug 25, 2020 5:36am Aug 25, 2020 5:36am
Quoting thomi
I think the hardest part for me is doing nothing .... I review all my pairs but I cannot find any configuration that suits me
Yes thomi,
it's difficult. The thing that keeps me out of the market when there isn't a good set-up is the thought of those 10 to 15 pip losses (or more) that come from those poor set-ups, and how they erode the joy and the pips of a prior winning trade.
Trading is a curious activity. I've seen some traders post that we should treat trading like our business, but for me it's not a good analogy. If it was my business I would be making things happen but in trading we can't do that. We can't make anything happen. We just have to wait till we find a configuration that suits us.
I hope you find your way to keep out of the market when the likely outcome is a loss.
Thanks for your help, warmth and straight talking Heather.
  • #3,580
  • Aug 25, 2020 5:42am Aug 25, 2020 5:42am
Quoting bobby2
Long EU H1 @ 1.1807 {image}
OK I've seen enough. Out at 1.1808 for about 7 pips.
Attached Image
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