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Nearly Naked (Simple Trades)

  • #6,081
  • Jul 13, 2010 12:14am Jul 13, 2010 12:14am
Quoting nick7r
where are you based sax..
Salt Lake City, like 1 mile from IBFX
FCMs are London and NY
Think my partner is moving traditional assets to Singapore (Asia)
I'm staying put
  • #6,082
  • Jul 13, 2010 12:19am Jul 13, 2010 12:19am
check this webpage out
http://www.dennydavis.net/poemfiles/life.htm
Annoying Precision
  • #6,083
  • Jul 13, 2010 12:30am Jul 13, 2010 12:30am
I like this one

For a long time it had seemed to me that life was about to begin - real life. But there was always some obstacle in the way. Something to be got through first, some unfinished business, time still to be served, a debt to be paid. Then life would begin. At last it dawned on me that these obstacles were my life.
Annoying Precision
  • #6,084
  • Jul 13, 2010 12:36am Jul 13, 2010 12:36am
Quoting erikte279
Marcvum..if you had to sum your forex trading experience in 1 word, what would it be?
Hmmm. "Thrilling"

There are good days and bad days like anything else.
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #6,085
  • Jul 13, 2010 12:37am Jul 13, 2010 12:37am
Quoting erikte279
I like this one

For a long time it had seemed to me that life was about to begin - real life. But there was always some obstacle in the way. Something to be got through first, some unfinished business, time still to be served, a debt to be paid. Then life would begin. At last it dawned on me that these obstacles were my life.
That is for sure! That's why the wise old man or woman laying on their death bed always tell the young grandson or granddaughter to live life to its fullest and to take risks...no regrets!
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #6,086
  • Jul 13, 2010 12:42am Jul 13, 2010 12:42am
Quoting Saxon
Me as well, 87 is old SR, FE 100 (other way), oh and "00"
Now we have the 365sma in the way. She's moving up and she's (let's just say "angry"). I hope it knocks the hell of out PA once and for all. This darn rectangle has irritated me since last Friday!!!
http://smileys.smileycentral.com/cat/36/36_5_11.gif
Attached Image (click to enlarge)
Click to Enlarge Name: au.jpg Size: 235 KB
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #6,087
  • Jul 13, 2010 12:46am Jul 13, 2010 12:46am
Quoting MarcVUM
Hmmm. "Thrilling"

There are good days and bad days like anything else.
LIBERATING - Sounds cliché but I will tell you why

When you trade FX, you are your own boss. You don't have deadlines, you don't have quotas, it is just you and your talent. You are only limited by yourself. This hits home to me for many reasons. I have been all over the financial landscape. Front-Desk, back-desk, middle-desk, you name it, I have been there. All that time I had quotas, bosses, procedures and creativity-limiting rules. My hands were chained by procedure. I left the "corporate" world to do something for myself. I started a Boutique and have no boss, no rules, no limits, no real quotas and I can be as creative as I want. I only answer to my clients and myself. Without FX I would be sitting at a desk, mindlessly clicking orders away at GS for the rest of my life. So liberating is the word that I would use.
  • #6,088
  • Jul 13, 2010 12:48am Jul 13, 2010 12:48am
Quoting Saxon
LIBERATING
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #6,089
  • Jul 13, 2010 12:52am Jul 13, 2010 12:52am
This is My main set up. simple and easy to understand


http://i29.tinypic.com/33omr6a.gif
  • #6,090
  • Jul 13, 2010 12:54am Jul 13, 2010 12:54am
Quoting Saxon
LIBERATING - Sounds cliché but I will tell you why
When you trade FX, you are your own boss. You don't have deadlines, you don't have quotas, it is just you and your talent. You are only limited by yourself. This hits home to me for many reasons. I have been all over the financial landscape. Front-Desk, back-desk, middle-desk, you name it, I have been there. All that time I had quotas, bosses, procedures and creativity-limiting rules. My hands were chained by procedure. I left the...
Another great thing about trading is that the only person who can let you down is yourself.

I used to manage large projects with hundreds of people involved. The biggest headache was always the people.

Rob
  • #6,091
  • Jul 13, 2010 1:06am Jul 13, 2010 1:06am
Saxon, are you going to trade D S1 or wait for your confluence area below 8700?
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #6,092
  • Jul 13, 2010 1:08am Jul 13, 2010 1:08am
Quoting priceaction
Another great thing about trading is that the only person who can let you down is yourself.

I used to manage large projects with hundreds of people involved. The biggest headache was always the people.

Rob
Agreed. There are people that work well in groups or well on their own. I work well on my own, never was a fan of groupwork and the whole meltingpot idea. Just my opinion though
  • #6,093
  • Jul 13, 2010 1:09am Jul 13, 2010 1:09am
Quoting MarcVUM
Saxon, are you going to trade D S1 or wait for your confluence area below 8700?
Might come back to bite me, but I am waiting for confluence "00" area
  • #6,094
  • Jul 13, 2010 1:13am Jul 13, 2010 1:13am
Might trade EU DS1 for a bounce, but check out the friction waiting for it at 1.25
Attached Image (click to enlarge)
Click to Enlarge Name: 4.jpg Size: 150 KB
  • #6,095
  • Jul 13, 2010 1:16am Jul 13, 2010 1:16am
Quoting Saxon
Might trade EU DS1 for a bounce, but check out the friction waiting for it at 1.25
Also, 38 fib, forgot to add
Attached Image (click to enlarge)
Click to Enlarge Name: 44.jpg Size: 165 KB
  • #6,096
  • Jul 13, 2010 1:16am Jul 13, 2010 1:16am
Quoting Saxon
Might come back to bite me, but I am waiting for confluence "00" area
Darn. I'm blind right now anyways. Broker is restarting servers.
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #6,097
  • Jul 13, 2010 1:30am Jul 13, 2010 1:30am
Quoting MarcVUM
Darn. I'm blind right now anyways. Broker is restarting servers.
Didn't miss much, probably for the best. AU dropped. In my no-trade time so no trading for me for 1 1/2 hours
  • #6,098
  • Jul 13, 2010 1:31am Jul 13, 2010 1:31am
Marc

10m Chart, i had Doji right on the 61.8 fib 8730. shorted after the next candle.
  • #6,099
  • Jul 13, 2010 1:39am Jul 13, 2010 1:39am
Quoting Saxon
Didn't miss much, probably for the best. AU dropped. In my no-trade time so no trading for me for 1 1/2 hours
Wow! I guess that 365ma did what I thought it would... from what I said on a previous post!
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #6,100
  • Jul 13, 2010 11:52am Jul 13, 2010 11:52am
Did US data do all this?
I went to sleep and look what PA did......
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