Squared!!! 4210
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nimble now...
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nimble now...
Success consists of going from failure to failure without loss of enthusiam
- #2,843
- May 17, 2011 4:23am May 17, 2011 4:23am
- Joined Sep 2009 | Status: Trader | 5,979 Posts
[quote=kingjames;4623133]
Thank you sir and great dancing tonight!!!
Success consists of going from failure to failure without loss of enthusiam
- #2,845
- May 17, 2011 4:28am May 17, 2011 4:28am
- Joined Sep 2009 | Status: Trader | 5,979 Posts
Well done, Mr. Eddy!
This morning it was true again:
You have been making money with your longs.
I made money with my shorts.
So why should we have to pay so much thinking into direction of trend?
We only have to be nimble and managing our exposure very actively.
No hesitation,
No "Hope-Mode",
and everything will be fine :-)
All the best!
Niels
good riddance!
regards,
Success consists of going from failure to failure without loss of enthusiam
- #2,847
- May 17, 2011 4:36am May 17, 2011 4:36am
- Joined Sep 2009 | Status: Trader | 5,979 Posts
Not sure if i can chip in as this iseddy thread...
But i do think if we can make money either way...the BEST case scenario is to go with the trend....
again my 2 cents...
V
so true... and i cannot agree more...
but the question is... what is the basis of your trend... like me, most of the time i'm intraday... 15min or 5min period ...
because a lot of traders don't really comprehend this... what period to use as their basis for trend...
say, daily is pointing up... 4 hour is pointin up... but 1 hour and 15 min is pointing down... and i want to dance... 5 minutes... which trend i have to follow???
regards,
eddy
p.s. you can chip in here at any time of your convinience
Success consists of going from failure to failure without loss of enthusiam
- #2,848
- May 17, 2011 4:39am May 17, 2011 4:39am
- Joined Sep 2009 | Status: Trader | 5,979 Posts
just want a quicky... sx3x4213
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sx3x4204 eu
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sx3x4204 eu
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Success consists of going from failure to failure without loss of enthusiam
- #2,849
- May 17, 2011 4:42am May 17, 2011 4:42am
- | Joined Jul 2007 | Status: Trader | 2,994 Posts
hi Vick,
so true... and i cannot agree more...
but the question is... what is the basis of your trend... like me, most of the time i'm intraday... 15min or 5min period ...
because a lot of traders don't really comprehend this... what period to use as their basis for trend...
say, daily is pointing up... 4 hour is pointin up... but 1 hour and 15 min is pointing down... and i want to dance... 5 minutes... which trend i have to follow???
regards,
eddy
p.s. you can chip in here at any time of your convinience
Eddy,
U and Niels are the place where it makes me this paragraph...
"two young trader were told to go long and short on same thing ....both lost money....two Professional trader went long and short on same thing...they both made money"
V
- #2,850
- May 17, 2011 4:46am May 17, 2011 4:46am
- Joined Sep 2009 | Status: Trader | 5,979 Posts
Eddy,
U and Niels are the place where it makes me this paragraph...
"two young trader were told to go long and short on same thing ....both lost money....two Professional trader went long and short on same thing...they both made money"
V
but correctin please Vick, i am not a prof. trader... still dancing under the wings of fti
Niels is nearing to perfection though...
Success consists of going from failure to failure without loss of enthusiam
- #2,851
- May 17, 2011 4:47am May 17, 2011 4:47am
- Joined Sep 2009 | Status: Trader | 5,979 Posts
now i squared... 4196
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Success consists of going from failure to failure without loss of enthusiam
- #2,852
- May 17, 2011 4:57am May 17, 2011 4:57am
- Joined Sep 2009 | Status: Trader | 5,979 Posts
Success consists of going from failure to failure without loss of enthusiam
- #2,854
- Edited 5:26am May 17, 2011 5:12am | Edited 5:26am
- Joined Sep 2009 | Status: Trader | 5,979 Posts
Hey dongsky since your out at the moment...... your first trade of the night, what was your bias cause i was long at that point when you went short? (1.4174 area)
Thanks.
next time ask me when i'm currently in the position...
... but i guess when i deployed scout then attack troops... price went against me for awhile...
so i was pulsing the market the more... and i could feel that price really couldn't push price any more higher and momentum slowing down...
after that long and strong bull candle appear... i felt that bears were on their way
...
regards,
p.s. as best as i can remember...
Success consists of going from failure to failure without loss of enthusiam
- #2,855
- May 17, 2011 5:25am May 17, 2011 5:25am
to be honest, i cannot really remember... but for sure... i can feel the price action's bears rejection at the moment... with the confluence of the higher time frame supply/ demand levels...
next time ask me when i'm currently in the position...
... but i guess when i deployed scout then attack troops... price went against me for awhile...
so i was pulsing the market the more... and i could feel that price really couldn't push price any more higher and momentum slowing down...
after that long and strong bull candle appear... i felt...
Thanks, as i was watching the charts and your posts it reminded me of when fti mentions that he may give the impression that he's trading by the seat of his pants, but it's the feel. Cause to be honest at times i was lost
But patience is part of the game will continue to read and learn. Again great night. - #2,856
- May 17, 2011 5:27am May 17, 2011 5:27am
- Joined Sep 2009 | Status: Trader | 5,979 Posts
Success consists of going from failure to failure without loss of enthusiam
- #2,857
- May 17, 2011 5:29am May 17, 2011 5:29am
- Joined Sep 2009 | Status: Trader | 5,979 Posts
Thanks, as i was watching the charts and your posts it reminded me of when fti mentions that he may give the impression that he's trading by the seat of his pants, but it's the feel. Cause to be honest at times i was lost
you will get there... be persistent like the price action... and you will find your edge... and lastly... don't be greedy!ciao!
Success consists of going from failure to failure without loss of enthusiam
- #2,858
- May 17, 2011 5:37am May 17, 2011 5:37am
to be honest, i cannot really remember... but for sure... i can feel the price action's bears rejection at that moment... with the confluence of the higher time frame supply/ demand levels...
next time ask me when i'm currently in the position...
... but i guess when i deployed scout then attack troops... price went against me for awhile...
so i was pulsing the market the more... and i could feel that price really couldn't push price any more higher and momentum slowing down...
after that long and strong bull candle appear... i...
Balls of steal my friend!! after L4 i would be vomiting
Thanks you.
- #2,859
- May 18, 2011 2:30am May 18, 2011 2:30am
- Joined Sep 2009 | Status: Trader | 5,979 Posts
L3 bx3x4275 eu
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Success consists of going from failure to failure without loss of enthusiam
- #2,860
- May 18, 2011 3:38am May 18, 2011 3:38am
- Joined Sep 2009 | Status: Trader | 5,979 Posts
... still managing my exposure... 
bx5x4262
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... it seems it's coming... but need to be nimble
bx5x4262
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... it seems it's coming... but need to be nimble
Success consists of going from failure to failure without loss of enthusiam