be patient, self-belief and discipline... stay focus...
- #563,762
- Nov 17, 2011 12:04pm Nov 17, 2011 12:04pm
- | Joined Oct 2011 | Status: Trader | 1,010 Posts
3420-ish is a big one this week, and someone awfully large is protecting it. We did get a close below 1.35, but look how fast Asia brought it up last night.
It is all up to you, but that 3420-ish could well be a good place to cover at least some of it, you can always get back in.
It all depends on your trading, how often do you let the winners run for this long? Don't go deviating too much from what you normally do.
Answer is, not very often, i think position trading sucks.
Fuck it if the bottom breaks, will watch carefully S&P500 and Dow.
at pk, you are a bloody legend yourself, you could have come up with that...lol
- #563,763
- Nov 17, 2011 12:05pm Nov 17, 2011 12:05pm
- | Joined Jul 2011 | Status: Jesus is the way. | 1,450 Posts
6 hours later, back to my charts and the same message still lies there. Took the exact same position I took this morning. Short 3511. Only this time: 3454 is not the target.
PS: Short valid as long as 3539 remains a cap.
Currently +58 in pips.
Don't just beat the markets, leave bruises.
- #563,765
- Nov 17, 2011 12:07pm Nov 17, 2011 12:07pm
- Joined Oct 2009 | Status: Trader | 15,211 Posts
Thanks, thats what i needed to hear.
Answer is, not very often, i think position trading sucks.
Fuck it if the bottom breaks, will watch carefully S&P500 and Dow.
at pk, you are a bloody legend yourself, you could have come up with that...lol
Don't wander away from your comfort zone too far. I covered here for a reason, time of day was one of them. I may have missed out on 5 pips or so thus far, but that really don't matter. there is a lot down here to contend with. look at your daily and H4, continuing here is just too small of a probability for me.
It is your account, not mine and what you do will never make a difference in my life.
- #563,766
- Nov 17, 2011 12:08pm Nov 17, 2011 12:08pm
- Joined Oct 2007 | Status: Sniper | 14,770 Posts
at pk, you are a bloody legend yourself, you could have come up with that...lol
- #563,770
- Nov 17, 2011 12:15pm Nov 17, 2011 12:15pm
- Joined Sep 2007 | Status: Trader | 6,871 Posts
check out my blog: forexmademillionaire dot com
- #563,771
- Nov 17, 2011 12:18pm Nov 17, 2011 12:18pm
- | Joined Jan 2010 | Status: Trader | 1,012 Posts
Don't wander away from your comfort zone too far. I covered here for a reason, time of day was one of them. I may have missed out on 5 pips or so thus far, but that really don't matter. there is a lot down here to contend with. look at your daily and H4, continuing here is just too small of a probability for me.
It is your account, not mine and what you do will never make a difference in my life.
- #563,772
- Nov 17, 2011 12:19pm Nov 17, 2011 12:19pm
- Joined Oct 2007 | Status: Sniper | 14,770 Posts
U covered at 60? Or at 57? Anyway that was good
- #563,775
- Nov 17, 2011 12:23pm Nov 17, 2011 12:23pm
- | Joined Oct 2011 | Status: Trader | 1,010 Posts
Thanks Cloggs and Pk, i just realized 11.5k. After some thinking, i now know that i have to put things in perspective.
I took since Monday aprox 1300+pips.
And some Gold i normally never trade from 1783 all the way down.
Look at the hourly chart, i think i covered pretty ok.
I mean, who shorts gold in the first place..lol
I feel good, i know its a responsible decision made within
a good thinking process.
The only thing i have left since a while now is EURCHF and i keep
that till intervention.
- #563,777
- Nov 17, 2011 12:27pm Nov 17, 2011 12:27pm
- Joined Oct 2007 | Status: Sniper | 14,770 Posts
- #563,778
- Nov 17, 2011 12:28pm Nov 17, 2011 12:28pm
- Joined Apr 2009 | Status: Know Your Wave | 2,640 Posts
- #563,779
- Nov 17, 2011 12:29pm Nov 17, 2011 12:29pm
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
Geppy I just love you. I copied your message and my comments are in italics.
I've never read any chapters of any psychology books. I read people, and you sir, are an easy read.
Bad luck for you, I did read many.
You didn't have many options after my post: (this is the best part)
- say nothing at all (admit I was 100% correct)
Yes, I could say nothing at all, If I didnt give a damn. But it is just too much fun watching you attempting to prove yourself a great mind reader, while all you can do is basic mocking.
- turn the tables and attempt to attack me (you couldn't since I refuted this option for you in my response)
I am attacking you, but you just dont get it. That is point of whole this conversation with you.
- undermine what I said by trying to make light of its supposed simplicity (anyone could say that by reading a chapter of a book)
Yes, I agree. Anyone could say that. That is basic mocking from the third grade where you belong
You obviously chose the latter and it doesn't hold up well. You're a very transparent person and I'd love to take your money at a poker table.
Yes I am transparet, I dont hide anything. But not transparent to you as it seems. I am self confident bastard. Nice to meet you.
I'm done with this conversation and topic as this is a trading thread, not a psychology thread or a why Tom_D_TheBrokeTrader can't trade thread.
As I said, only basic mocking. You are making fool of yourself.
Take care.
You too kid. That was really funny one conversation.
Regards,
T.
I've never read any chapters of any psychology books.....
Bad luck for you, I did read many.
You didn't have many options after my post: (this is the best part)
- say nothing at all (admit I was 100% correct)
Yes, I could say nothing at all, If I didnt give a damn. But it is just too much fun watching you attempting to prove yourself a great mind reader, while all you can do is basic mocking.
- turn the tables and attempt to attack me (you couldn't since I refuted this option for you in my response)
I am attacking you, but you just dont get it. That is point of whole this conversation with you.
- undermine what I said by trying to make light of its supposed simplicity (anyone could say that by reading a chapter of a book)
Yes, I agree. Anyone could say that. That is basic mocking from the third grade where you belong
You obviously chose the latter and it doesn't hold up well. You're a very transparent person and I'd love to take your money at a poker table.
Yes I am transparet, I dont hide anything. But not transparent to you as it seems. I am self confident bastard. Nice to meet you.
I'm done with this conversation and topic as this is a trading thread, not a psychology thread or a why Tom_D_TheBrokeTrader can't trade thread.
As I said, only basic mocking. You are making fool of yourself.
Take care.
You too kid. That was really funny one conversation.
Regards,
T.
"I know one thing, that I know nothing." Sokrates