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The WoRmHoLe

  • #4,841
  • Feb 18, 2010 11:09am Feb 18, 2010 11:09am
Quoting TheGabriel
Market is very difficult right now to trade, that fast up was then sold fast... :| i'm currently +70 pips on the euro trade.

I think this is the time when a strategy gets a bit of drawdown and you must stay with your strategy for long term comeback.

No shit brother. That is some uturn on the hourly!
See how close that was to my stop?
I had to muster 2 14 pips scalp @10bucks/pip just to even things out just in case .. lol
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  • #4,842
  • Feb 18, 2010 11:12am Feb 18, 2010 11:12am
Quoting wormboy
Stop amended.


GBPUSD

1. long @5562 sl @5570 (0.1)

Trade stopped out.

GBPUSD

1. long @5562 stopped @5570 (0.1)


Me & my big mouth .. damnit!!
Welp, scalping time
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  • #4,843
  • Feb 18, 2010 11:14am Feb 18, 2010 11:14am
Quoting wormboy
No shit brother. That is some uturn on the hourly!
See how close that was to my stop?
I had to muster 2 14 pips scalp @10bucks/pip just to even things out just in case .. lol
Very good to have scalping for backup missions i see
"Hate the sin, love the sinner." - Gandhi
  • #4,844
  • Feb 18, 2010 11:18am Feb 18, 2010 11:18am
That's another 84 bucks banked with the scalp. What a hairy day. That's it I'm outta here, better quit while ahead, this hadn't been one of those easy sit & watch trading day for me.
Have fun Gabe, good luck buddy!
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  • #4,845
  • Feb 18, 2010 11:23am Feb 18, 2010 11:23am
Quoting wormboy
That's another 84 bucks with the scalp. What a hairy day. That's it I'm outta here, better quit while ahead, this hadn't been one of those easy sit & watch trading day for me.
Have fun Gabe, good luck buddy!
Thanks Azim, i'll ride this and will let it overnight perhaps. I like that you can come back very "easy", good trading stuff
"Hate the sin, love the sinner." - Gandhi
  • #4,846
  • Feb 18, 2010 12:34pm Feb 18, 2010 12:34pm
Quoting TheGabriel
I've just taken now a sell attempt at 1.36367, up move is full of sellers, stop is tight.
Shot closed at 1.3603 but it could come down again i think, this looks like a stop hunt.
"Hate the sin, love the sinner." - Gandhi
  • #4,847
  • Feb 18, 2010 3:40pm Feb 18, 2010 3:40pm
Daaaamn!! Euro gone most amazing trade i ever made, 2 5m candles drop of 90 pips...it's adrenaline!
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"Hate the sin, love the sinner." - Gandhi
  • #4,848
  • Feb 18, 2010 3:58pm Feb 18, 2010 3:58pm
Quoting TheGabriel
Daaaamn!! Euro gone most amazing trade i ever made, 2 5m candles drop of 90 pips...it's adrenaline!
Great job Gabriel,

The good feds helped you out by increasing the funds by .25%
  • #4,849
  • Feb 18, 2010 4:02pm Feb 18, 2010 4:02pm
Quoting Ctic
Great job Gabriel,

The good feds helped you out by increasing the funds by .25%
Yes Ctic, i really wasn't expecting any big action, i tought it would come down but... i've gone speechless when i saw it. I will hold this one, i don't see it as a trap.

Really didn't knew about the news coming out.
"Hate the sin, love the sinner." - Gandhi
  • #4,850
  • Feb 18, 2010 4:11pm Feb 18, 2010 4:11pm
You know what's the funny and lucky part of all this? I would have been to bed at this time but today i was up to watch a soccer match lol, best investment decision i think

Someone is saying they've been waiting for Wall st to close before the announcement to avoid a mass sell off
"Hate the sin, love the sinner." - Gandhi
  • #4,851
  • Feb 18, 2010 4:34pm Feb 18, 2010 4:34pm
Good night to the traders leaving the desk now, I'll go to bed. I'm leaving this opened with sl at be, can't go wrong imo.
"Hate the sin, love the sinner." - Gandhi
  • #4,852
  • Feb 18, 2010 4:37pm Feb 18, 2010 4:37pm
Quoting TheGabriel
You know what's the funny and lucky part of all this? I would have been to bed at this time but today i was up to watch a soccer match lol, best investment decision i think

Someone is saying they've been waiting for Wall st to close before the announcement to avoid a mass sell off
It reminds me of the "GREAT MISTAKE" (as I call it today) I made 5 years ago. It was a Friday just before NFP and I was done trading for the day, I was closing out my trading platform and accidently hit OK instead of cancel thus entering a trade. In addition, I accdently raised the contract size hours earlier and it automatically remembered that.

So now, I had a trade in that I didn't want and a size that was WAY over sound MM principles (and 5 years ago I wasn't as good as I am today).

So I was sitting there as a newbie with a 4.0 lot trade at 50% margin waiting for NFP to come out. 175 pips my direction, I couldn't believe it. Never did it again...Luck was on my side that day, but could of easily blew out my account (which I wound up doing a couple months later anyways).

Thank god I have learned so much since that point.
  • #4,853
  • Feb 18, 2010 4:39pm Feb 18, 2010 4:39pm
Quoting Ctic
It reminds me of the "GREAT MISTAKE" (as I call it today) I made 5 years ago. It was a Friday just before NFP and I was done trading for the day, I was closing out my trading platform and accidently hit OK instead of cancel thus entering a trade. In addition, I accdently raised the contract size hours earlier and it automatically remembered that.

So now, I had a trade in that I didn't want and a size that was WAY over sound MM principles (and 5 years ago I wasn't as good as I am today).

So I was sitting there as a newbie with a 4.0 lot trade...
Your story must have been fun when you closed your profit ...even got the bigger lots! but sure thing you had adrenaline running in your veins! We made a new low...i don't need much more to sleep like a baby.
"Hate the sin, love the sinner." - Gandhi
  • #4,854
  • Feb 18, 2010 4:43pm Feb 18, 2010 4:43pm
GBPUSD

1. long @5474 sl @5310 [tp1 @5833] [tp2 @ 6270] (0.2)
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  • #4,855
  • Feb 18, 2010 4:47pm Feb 18, 2010 4:47pm
Quoting TheGabriel
Daaaamn!! Euro gone most amazing trade i ever made, 2 5m candles drop of 90 pips...it's adrenaline!
Great job Gabe well done
Woke up to feed my son & I thought I had bad feed when I saw the candles on my m1 lol
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  • #4,856
  • Feb 18, 2010 4:49pm Feb 18, 2010 4:49pm
Quoting wormboy
Eur Usd

1. long @3559 sl @3500 (0.1)
Trade stopped out.

Eur Usd

1. long @3559 stopped @3500 (0.1)


Welp, back to sleep. Catch you guys later. Good luck
Thank You
  • #4,857
  • Feb 18, 2010 4:51pm Feb 18, 2010 4:51pm
Quoting wormboy
Trade stopped out.

Eur Usd

1. long @3559 stopped @3500 (0.1)


Welp, back to sleep. Catch you guys later. Good luck
Sorry to hear this Wormboy... you said 5 hours ago "better quit while ahead" You should have listened to your inner voice on this one it seems. Best of luck tomorrow! I hope it brings us all lots of pips.
  • #4,858
  • Feb 18, 2010 4:52pm Feb 18, 2010 4:52pm
Quoting TheGabriel
Your story must have been fun when you closed your profit ...even got the bigger lots! but sure thing you had adrenaline running in your veins! We made a new low...i don't need much more to sleep like a baby.
I think your looking pretty good here. And again great job.
  • #4,859
  • Feb 18, 2010 4:52pm Feb 18, 2010 4:52pm
Quoting wormboy
Trade stopped out.

Eur Usd

1. long @3559 stopped @3500 (0.1)


Welp, back to sleep. Catch you guys later. Good luck
bro can i long in euro now or wait for it?

Ub
  • #4,860
  • Feb 18, 2010 9:02pm Feb 18, 2010 9:02pm
Quoting wormboy
GBPUSD

1. long @5474 sl @5310 [tp1 @5833] [tp2 @ 6270] (0.2)
masta W0rmie, please c0nvince me that ur LONG position now is not expecting just a retracement from this d0wntrend..
wish i can get clearer vision or this position, as I always follow ur thread ( but rarely to post something here )

big thanks for ur attention masta
spirit 0f pipping
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