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My trading journey

  • #2,721
  • May 6, 2011 4:31am May 6, 2011 4:31am
Quoting dongsky
Hi Niels,

[...]
I am not really trading the news... but 1 or 2 hours prior news release... i can already see the direction Niels but i don't want to GAMBLE so most of the time i'm on the sideline...
[...]

eddy

p.s. the way i see it... it's a long way for PA to reach the floor... just me i suppose!
I agree with that very strongly.
I trade the news exact when they happen.
No predefined bias.
No guesstimations.

I would descripe the "trick" somehow like "technical arbitrage". I'm going to use this inefficiency as long as it shows up in the markets. ...

Otrherwise news trading would not be my cup of tea too.

All the best!
Niels
  • #2,722
  • May 6, 2011 4:40am May 6, 2011 4:40am
Quoting MaMood
I agree with that very strongly.
I trade the news exact when they happen.
No predefined bias.
No guesstimations.

I would descripe the "trick" somehow like "technical arbitrage". I'm going to use this inefficiency as long as it shows up in the markets. ...

Otrherwise news trading would not be my cup of tea too.

All the best!
Niels
Anything that suits you best is good Niels i just don't know how to use the news releases... everytime i thought a good figure has been released and expecting a possitive result... but instead... went against me... big time

...then i admit, it's just not for me...

wishing you all the pips in this world...

eddy
Success consists of going from failure to failure without loss of enthusiam
  • #2,723
  • May 7, 2011 10:50pm May 7, 2011 10:50pm
reviewing my current position!!!

it's nearing to my first profit target... i have to stick to my action plan...

will start scaling down when it's very near the reaction level... looking at 4250ish area... but of course depending on p.a.'s behaviour of the week...

u.s.d. seems to be getting weaker but not just yet...

shorting euro is my best position at the moment... nimble!!!
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Success consists of going from failure to failure without loss of enthusiam
  • #2,724
  • Edited May 9, 2011 12:45am May 8, 2011 11:21pm | Edited May 9, 2011 12:45am
sx3x1.4385...euro
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Success consists of going from failure to failure without loss of enthusiam
  • #2,725
  • May 9, 2011 12:40am May 9, 2011 12:40am
sx3x1.4386

it seems like bears wanna play now

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so it plays now... nimble...

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Success consists of going from failure to failure without loss of enthusiam
  • #2,726
  • May 9, 2011 12:45am May 9, 2011 12:45am
sx5x1.4379
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Success consists of going from failure to failure without loss of enthusiam
  • #2,727
  • May 9, 2011 12:55am May 9, 2011 12:55am
sx5x4378... we'll see now
Success consists of going from failure to failure without loss of enthusiam
  • #2,728
  • May 9, 2011 1:04am May 9, 2011 1:04am
dealers fading moves... again...
Success consists of going from failure to failure without loss of enthusiam
  • #2,729
  • Edited 2:18am May 9, 2011 2:04am | Edited 2:18am
patience!!!

sx5x4398
....
sx8x4415

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Success consists of going from failure to failure without loss of enthusiam
  • #2,730
  • May 9, 2011 4:52am May 9, 2011 4:52am
what takes the bear too long to charge???

should wait for U.S. session perhaps...

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... interesting to notice the p.a. reactions reaching demand and supply levels... and the rejections...


start to get bored now... momentum is dead atm...
Success consists of going from failure to failure without loss of enthusiam
  • #2,731
  • May 9, 2011 6:04am May 9, 2011 6:04am
squared 1.4386... too slow...

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Success consists of going from failure to failure without loss of enthusiam
  • #2,732
  • May 9, 2011 11:18pm May 9, 2011 11:18pm
it was a challenging night last night ... but glad to see price reached to my first profit target level... although not quite but it's acceptable...

i will still be shorting euro today

............


sx3x4327 eu

need to feel the market...

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Success consists of going from failure to failure without loss of enthusiam
  • #2,733
  • May 9, 2011 11:32pm May 9, 2011 11:32pm
sx3x4330 eu
.......
sx3x4427


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Success consists of going from failure to failure without loss of enthusiam
  • #2,734
  • May 9, 2011 11:42pm May 9, 2011 11:42pm
sx5x4326 eu

it's going now

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Success consists of going from failure to failure without loss of enthusiam
  • #2,735
  • May 10, 2011 12:00am May 10, 2011 12:00am
asian session often like this... no movement!!!
Success consists of going from failure to failure without loss of enthusiam
  • #2,736
  • May 10, 2011 12:04am May 10, 2011 12:04am
here they come

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Success consists of going from failure to failure without loss of enthusiam
  • #2,737
  • May 10, 2011 12:09am May 10, 2011 12:09am
scaling down...

L2,L3,L4 closed 1.4308

........
not bad for an hour's patience!

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Success consists of going from failure to failure without loss of enthusiam
  • #2,738
  • May 10, 2011 12:16am May 10, 2011 12:16am
expecting a small correction!!!


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Success consists of going from failure to failure without loss of enthusiam
  • #2,739
  • May 10, 2011 12:16am May 10, 2011 12:16am
sx3x4305 eu
Success consists of going from failure to failure without loss of enthusiam
  • #2,740
  • May 10, 2011 12:20am May 10, 2011 12:20am
and here she goes again!!!

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Success consists of going from failure to failure without loss of enthusiam
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