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Rufus

  • #721
  • Oct 27, 2010 2:36am Oct 27, 2010 2:36am
Quoting Rufus
Fresh can of WHOOP ASS

EU Short

Small part off at 10 pips
Half off at 20 pips
Rest to let run if it can.

Rufus
Closed the rest out. 10 pips and BE
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #722
  • Oct 27, 2010 2:50am Oct 27, 2010 2:50am
To be a good trader, you need to trade with your eyes open. Recognize real trends and turns, and not waste time or energy on regrets and wishful thinking”

“Traders who are not at peace with themselves often try to fulfill their contradictory wishes on the market. If you don’t know where you are going, you will wind up somewhere you never wanted to be.”
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #723
  • Oct 27, 2010 3:32am Oct 27, 2010 3:32am
It looks like my break south might be starting again, we will soon see... But I am going to bed. Just a wisker under my daily goal. I have to much work to do in the morning. Complicated entertainment center to build.

Trade safe

Rufus
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #724
  • Oct 27, 2010 3:49am Oct 27, 2010 3:49am
Quoting Rufus
It looks like my break south might be starting again, we will soon see... But I am going to bed. Just a wisker under my daily goal. I have to much work to do in the morning. Complicated entertainment center to build.

Trade safe

Rufus
Nice to see you updating your journal. Always enjoy reading! Have a good night
  • #725
  • Oct 27, 2010 1:14pm Oct 27, 2010 1:14pm
That is so true.

Good luck. Keep it up.


Quoting Rufus
To be a good trader, you need to trade with your eyes open. Recognize real trends and turns, and not waste time or energy on regrets and wishful thinking”

“Traders who are not at peace with themselves often try to fulfill their contradictory wishes on the market. If you don’t know where you are going, you will wind up somewhere you never wanted to be.”
  • #726
  • Oct 28, 2010 2:43am Oct 28, 2010 2:43am
Nice little short

I have taken most off at 10 & 25 pips. This thing may turn to a long.

Rufus
Attached Image (click to enlarge)
Click to Enlarge Name: 10.27eushortlo.jpg Size: 86 KB
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #727
  • Oct 28, 2010 2:49am Oct 28, 2010 2:49am
Quoting Rufus
Nice little short

I have taken most off at 10 & 25 pips. This thing may turn to a long.

Rufus

Took counter trend trade ....

Price rejection on upper side of supply zone. I am watchful of a potential long here as well.
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #728
  • Oct 28, 2010 3:37am Oct 28, 2010 3:37am
EU long

I think this one could run. It has taken out my first target
Attached Image (click to enlarge)
Click to Enlarge Name: 10.28eulong#215m.jpg Size: 106 KB
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #729
  • Oct 28, 2010 3:51am Oct 28, 2010 3:51am
Quoting Rufus
I am going to bed and let this bugger cook. So for the continual movement of the EU in my direction, enjoy the Argintina Soccer team cheer leaders.


Now I know why the world watches so much soccer. I have been missing out playing and watching baseball

Rufus
The power of the cheer leaders just took out my second target
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #730
  • Oct 28, 2010 3:58am Oct 28, 2010 3:58am
Quoting Rufus
I am watchful of a potential long here as well.
Then I am watchful your posts.
Good luck.
A little beginner trader since 2006
  • #731
  • Oct 28, 2010 4:00am Oct 28, 2010 4:00am
Quoting Naseri13
Then I am watchful your posts.
Good luck.

Thank you Naseri
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #732
  • Oct 28, 2010 4:03am Oct 28, 2010 4:03am
This chart shows some of my thinking for long term plays. We may have a reversal in our mitts.

Targets are the two yellow squares to the north

Rufus :nerd:
Attached Image (click to enlarge)
Click to Enlarge Name: 10.27eu4h.jpg Size: 93 KB
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #733
  • Oct 29, 2010 9:37am Oct 29, 2010 9:37am
A new month is upon us.

Next week here in the USA we have elections on Tuesday. Then if that isn't enough for you, NFP on friday. It should prove to be interesting.

November I am also going to focus on the psychological side of trading. I wil probably make this my mental theme for some time. My trading system is solid IMO. S/D zones for Asian, FF, London, intraday trades durring London only. US session I am working my "other job".

Back to the psychological side of things. I believe this is the last thing I need to master to take trading to a full time level. So with each position I will record in my personal journal, some here on FF, what my thinking is at the time. I also want to record if anything is bugging me or just get a clue what my frame of mind is at all times while trading. I want to get to the point to where my emotions are the same whether I gain $1000 or lose $1000. When I am triming a house there is no emotion. The door gets hung or window trimed without the slightest bit of greed or fear. That is my goal for trading.

Back in my farm days I had to kill a lot of chickens for food. The key was to have no emotion. I was only thankful for the food. So it is with trading, knock off 100pips, be thankful but no emotion.

So I will be reading all I can get my hands on about the Psychology of trading. If you have some sudgestions post them for me and all who read this. My two mainstays are "Trading In The Zone" and "Trading For A Living".

Have fun all. The mind is a great thing, don't waste it.

Rufus :nerd:
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #734
  • Oct 29, 2010 9:57am Oct 29, 2010 9:57am
I got these books bro.

Should be a good read over the weekend.
Attached File(s)
File Type: pdf mental_fitness_for_traders.pdf   757 KB | 339 downloads
File Type: pdf The_Secrets_to_Emotion_Free_Trading_by_Larry_Levi.pdf   484 KB | 297 downloads
  • #735
  • Oct 29, 2010 9:03pm Oct 29, 2010 9:03pm
This is what I will be endeavoring to catch on a more consistent basis..

clasic supply and demand move. Took the Asian session and a few pips higher to send this thing south.

Rufus
Attached Image (click to enlarge)
Click to Enlarge Name: 10.28s.d.jpg Size: 92 KB
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #736
  • Oct 30, 2010 1:46pm Oct 30, 2010 1:46pm
NOW I AM %&*&#$@!#%&&*)_*& PISSED.

LOCAL BANK MY ROSEY RED ASS...

Where I live there is a local bank Kitsap Bank. That has been calling in lines of credit from companies I have been doing business with for 18 years. Companies that have been making payments on time and employing people full time. Today I found out that a trim supplier I have been working with had theirs called in. PLUS the %^$#$%&((&*&^%^ bank took ALL the cash this company had in their accounts. The trim supplier had to lay off 6 employees and close their doors.

THIS banking industry deserves to be taken down. BUT our mamby pamby joke of a #$&^&**^$$ government doesn't have the balls to do a damn thing about it. "Lets just give the banks more money" they say. What a FU**^^%$%$ joke. OBAMMY is at the top of my crap list too. That guy couldn't lead lemmings over a cliff. I hope the damn elections (WHAT GOOD THEY ARE) puts so many republicans in congress that OBAMMY becomes nothing more than a talking head.

SO if you bank with Kitsap bank yank out your cash, buy gold or silver for God sake don't put it under a matress. Then get on the Fx market and drain the bastards responsible dry. 40% of a banks income is from Fx. I AM TAKING THEIR 40%.

Have a Nice day, and have a fresh can of Whoop Ass on me.

RUFUS
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #737
  • Oct 30, 2010 1:57pm Oct 30, 2010 1:57pm
Quoting Rufus
NOW I AM %&*&#$@!#%&&*)_*& PISSED.

LOCAL BANK MY ROSEY RED ASS...

Where I live there is a local bank Kitsap Bank. That has been calling in lines of credit from companies I have been doing business with for 18 years. Companies that have been making payments on time and employing people full time. Today I found out that a trim supplier I have been working with had theirs called in. PLUS the %^$#$%&((&*&^%^ bank took ALL the cash this company had in their accounts. The trim supplier had to lay off 6 employees and close their doors.

THIS banking...
By the way

I know some very infuential people that bank there. I have already started in on phone calls.

Rufus
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #738
  • Oct 30, 2010 5:07pm Oct 30, 2010 5:07pm
For the first week of November I will stick with the EURUSD only. Elections are on Tuesday. NFP report on Friday. I am also heading up to go hunting on Wednesday. So the second week of November is when the FX market we feel my influence the most. Also with the second week I will start looking in more detail at a few other currencies for swing positions off of S/D levels.

Weekly EU chart showing the S/D areas I will be watching. The biggest problem I am seeing here is the range that this looks to be trading in. Time will tell. But the powers that be may be waiting for the above information to play out before they make any moves in earnest.

The dollar index also is in a range bound situation, so no help here either.

Daily and 4h charts shown

Rufus
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 10.31euwkprep.jpg Size: 77 KB
Click to Enlarge Name: 10.31dollarindexdaily.jpg Size: 62 KB
Click to Enlarge Name: 10.31dollarindex4h.jpg Size: 80 KB
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #739
  • Oct 31, 2010 6:14pm Oct 31, 2010 6:14pm
EU is at the top of a supply area with a gap. Will Asian opening fill the gap?

Rufus
Attached Image (click to enlarge)
Click to Enlarge Name: 10.31eutopofsupply.jpg Size: 93 KB
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #740
  • Oct 31, 2010 6:19pm Oct 31, 2010 6:19pm
Lets add another potential supply area right on top of the previous. Maybe the powers that be want to take it to there to reverse it. Supply on top of supply..Sam Seidon lectures on S/D zones stacked in some of his teachings.

Rufus
Attached Image (click to enlarge)
Click to Enlarge Name: 10.31eutopofsupply.jpg Size: 93 KB
Illegitimi non carborundum - Noli pati a scelestis opprimi.
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