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Rufus

  • #601
  • Sep 22, 2010 2:08am Sep 22, 2010 2:08am
Quoting Buildcity
hehe, sorry, I think I need another glasses

Tody I have been havig price reverse on me 1 or 2 pips away from my targets. Up to three times so far today. Otherwise I would be well into my pip goal
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #602
  • Sep 22, 2010 2:13am Sep 22, 2010 2:13am
Quoting Rufus
Tody I have been havig price reverse on me 1 or 2 pips away from my targets. Up to three times so far today. Otherwise I would be well into my pip goal
Its true mate, these days I'm struggling whether I should take the small profit or move my SL to BE, its still hard to figure out
  • #603
  • Sep 22, 2010 2:13am Sep 22, 2010 2:13am
nother GU long

10 off already
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Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #604
  • Sep 22, 2010 2:16am Sep 22, 2010 2:16am
Quoting Rufus
nother GU long

10 off already
I like this one, double long means full of confident!!
  • #605
  • Sep 22, 2010 2:28am Sep 22, 2010 2:28am
Quoting Buildcity
I like this one, double long means full of confident!!

It has been messy trading..I have closed it all out again...BUT I hit my goal for the day plus some.

Time for me to sit back. Try to relax. So I can get up in 5 1/2 hours to go to work.

Rufus
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #606
  • Sep 22, 2010 2:36am Sep 22, 2010 2:36am
Price is running into this. If it gets through we may see some good upside moves.

Rufus:nerd:
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Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #607
  • Sep 22, 2010 2:45am Sep 22, 2010 2:45am
Quoting erikte279
Sounds awesome, I've never been elk hunting, something to look forward to.

We have a blast. Will be about 8 of us including my son. (The one that is in the picture) We eat like pigs... Our camp cook is an absolute master..Then just have a ton of good clean fun..We never have problems with the group. All get along very well..
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #608
  • Sep 23, 2010 2:00am Sep 23, 2010 2:00am
No trading for me tonight. I am going to get some much needed sleep. To many nights up till 2:00 am and going to work the next day.

Rufus
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #609
  • Sep 25, 2010 5:14pm Sep 25, 2010 5:14pm
I would like to thank you for your post about the psychological side of trading. I am back to basic and testing in demo. I have to keep my self in control and I have to know my basics and keep myself to my trading plan.

I am still checking your charts and I was curious what the difference is between the ordinary pivots and the sdx pivots? Can you help me?



Quoting Rufus
Hi Forexmist...

Everyone runs into trading frustrations..Last week was hard at times for me. Seemed like every time I sat down to my charts things were flat or in a tight range. Having 4,5, or 10 losses in a row is hard on your mind especially if your mind is filled with high hopes for that trading day.

I have attached a few things for you to look at if you have not already.

I have come to the conclusion that a successful trader has mastered his mind more so than his understanding of the markets. There are a million books out there with...
  • #610
  • Sep 26, 2010 1:32pm Sep 26, 2010 1:32pm
I have read the article about High Probability fib zone analysis (three times) and I think I understand it but when I open the SDX-TzPivots_v6 indicator there is a other terminology. I see:
- TH, R2, YH, R1, DPP, OPEN, TL YL, S1, S2 and S3

I am a little confused, what does this mean and do you think it’s a good thing to use? I see them on all your charts?

Greetzzz
  • #611
  • Sep 26, 2010 7:34pm Sep 26, 2010 7:34pm
Quoting Forexmist
I have read the article about High Probability fib zone analysis (three times) and I think I understand it but when I open the SDX-TzPivots_v6 indicator there is a other terminology. I see:
- TH, R2, YH, R1, DPP, OPEN, TL YL, S1, S2 and S3

I am a little confused, what does this mean and do you think it’s a good thing to use? I see them on all your charts?

Greetzzz
Hi Forexmist.

I am on the road travling to see my folks for their 50th anniversary so a lot of my information is at home. Also there will more than likely be no trading for me for the upcoming week and a half. Their internet is terrible.

As for your questions.

TH Todays High
R2 Daily pivot R2
YH Yesterdays high
R1 Daily Pivot R1
DPP Daily Pivot Point
Open Opening price level
TL Todays Low
YL Yesterdays Low
S1, S2, S3, Daily pivvot support levels


The textbook calculation for a pivot point is as follows:
Central Pivot Point (P) = (High + Low + Close) / 3

Support and resistance levels are then calculated off of this pivot point using the following formulas:

First level support and resistance:

First Resistance (R1) = (2*P) - Low

First Support (S1) = (2*P) - High

Likewise, the second level of support and resistance is calculated as follows:

Second Resistance (R2) = P + (R1-S1)

Second Support (S2) = P - (R1- S1)

Rufus
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #612
  • Sep 28, 2010 12:54am Sep 28, 2010 12:54am
Enjoy your time off and congratulations to your parents on their 50th.

lol... I think my mom is still using a 28.8 modem.

Quoting Rufus
Hi Forexmist.

I am on the road travling to see my folks for their 50th anniversary so a lot of my information is at home. Also there will more than likely be no trading for me for the upcoming week and a half. Their internet is terrible.
  • #613
  • Sep 28, 2010 5:21am Sep 28, 2010 5:21am
Quoting Rufus
Hi Forexmist.

I am on the road travling to see my folks for their 50th anniversary so a lot of my information is at home. Also there will more than likely be no trading for me for the upcoming week and a half. Their internet is terrible.
Rufus
CONGRADULATIONS.
A little beginner trader since 2006
  • #614
  • Sep 29, 2010 8:03am Sep 29, 2010 8:03am
Hello Rufus & Co.

on these days I feel like I keep going short against this crazy euro and it keeps going up .... 1,36 ... sounded like a joke only few weeks ago.

I find the cable much easier for me to trade now, before I never really liked it that much!

How is it going with you ?
Lorenzo
  • #615
  • Sep 29, 2010 10:07am Sep 29, 2010 10:07am
  • #616
  • Sep 29, 2010 7:53pm Sep 29, 2010 7:53pm
Quoting lorbax
Hello Rufus & Co.

on these days I feel like I keep going short against this crazy euro and it keeps going up .... 1,36 ... sounded like a joke only few weeks ago.

I find the cable much easier for me to trade now, before I never really liked it that much!

How is it going with you ?
Things are going well. I am looking forward to getting back to my charts and trading. The connection here is unreliable at best so I don't dare take a position, unless I am able to hook-up with a longer term one.

As for currency pairs. I flip back and forth betwen the EU and GU. It all depends which one is setting up for me and which seems to be trending best at the time. When I get back sometime next week I think I will look at the EJ more.

It has been interesting talking with my Dad and understanding his thought processes in buying cattle. He plans his trade and trades his plan. Sound familure? Even at the livestock auction today I saw many examples of poor trading and or planning. For instance I saw a large group of cattle weighing in at 550lb average go for aprox. $600 per head. The next bunch that came through averaged 400 lbs and also sold for aprox. $600 per head. You don't need to be a rocket scientest to see who is taking the most risk. The 400 pounders need to gain 150 pounds for free to break even.

What I am getting at is that it doesn't make any difference what you trade there is a smart way to do it as well as one that is not so smart. Also even with cattle the vast majority of people who raise them are doing it with less profit than what they could be doing if they had a viable tradeing plan.

Oh well, I will get of my soap box. Get some pips from the big banks and trade safe.

Rufus
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #617
  • Edited 10:34pm Sep 29, 2010 9:32pm | Edited 10:34pm
For you baseball fanatics..

I was reading about Don Larsons perfect game durring the 1956 world serries.

A reporter asked Yankees manager Casey Stengel if this was the best game Larsen had ever pitched. Stengel diplomatically answered, "So far!"


For those unfamiliar with this. This has been the only no-hitter/perfect game in world serries history. By the way Yogi Berra was the catcher.

Nothing to do with the Forex. I just like baseball

Rufus
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Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #618
  • Sep 30, 2010 2:04pm Sep 30, 2010 2:04pm
What a trading day! It was a question of one “long” trade this morning and then….. doing other things. Is it possible the Euro goes higher? He is almost at the top of the trend channel (see chart).
  • #619
  • Sep 30, 2010 2:06pm Sep 30, 2010 2:06pm
And here is the chart!
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  • #620
  • Sep 30, 2010 9:51pm Sep 30, 2010 9:51pm
Well guys I am trading vicariously through others. I have been watching a lot of baseball this past week. No complaints here, but still missing trading. The connection is so slow here I can hardly even post here on FF. so anyway trade well....

"I wasn't kidding. I do have a test today. It's on European Socialism. What's the big deal? I'm not European. I don't plan on becoming European. So why should I care if they're socialists? They could be facist, anarchist pigs. It still wouldn't change the fact that I don't have a car."

-Ferris Bueller

For those who remember this clasic movie.


Rufus
Illegitimi non carborundum - Noli pati a scelestis opprimi.
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