Rufus

Set pending order on 9.25. Hit today. Closed it all at 2:1. I do not care for current PA.

Rufus

Take care of that back buddy.

Have not posted much here lately, still very busy with work. Nothing but pending orders, 2 or 3 each week have been hitting. Account positive for the month.

Sore back is now normal, this took over two weeks to straighten out. Never step off your deck in the dark and miss the step.

Sunday I am heading for the mountains for a few days. So no trading. But when I return I will start posting some of these pending orders. I have been very pleased with the results. The biggest mistake I have made is laying one out on the chart figuring to come back to it latter to place the order, then forget to do it. Then see 2 days latter how price did exactly as planned but was not a part of it. So from now on....When a position is laid out on the chart immediately place the order. For example today I missed out on 90 pips with the EU.

Till I return, I have my cigars, scotch, and rifle. What more is needed?

Rufus

Back to the lower levels. Dutch oven bread I made in the mountains near Yakima WA. Cranberry. orange rind, almonds. We eat better in camp then we do at home....don't tell my wife.

Start trading next week, nothing but pending orders. Now have to catch up on my work.

Rufus

It finally happened..........Missed my entry on a pending order by .01 pips...unfreaking believable...

Now I have this bugger as an open order for Sunday guess we will see how it fares.

For those still questioning the effectiveness of supply and demand,.....It works even with pending orders...

I have attached my 15m chart to show where my zone is.

Starting to see a light at the end of the tunnel with the massive work load. 100% pending orders.right now.

Have a great weekend all.

Rufus

My hiding place for a week

Looks great, enjoy the holiday!

From “Speculation as a Fine Art.”

“Risk taking requires Prudence and Courage; Prudence in contemplation, Courage in execution.”

Rufus,

Hope you and your family have a Happy New year and may 2012 be the break out year for all of us!

Simple

Hi Simple

Thank you and the same to you.

Lets have a lot of expectations and goals for the year ahead. Then get them.

here's a short video for you guys.

http://www.endofworld.net/

Warning, it's got foul language and not PC, but it's funny

Simple

Just finished this book.

A very interesting topic. It is not so much about trading as it is about understanding risk. Opened my eyes to another way of accepting risk, and being comfortable with it.

There are times he gets tedious with numbers and figuring but it is all important when it comes to making a decision as to whether to put your money at risk or not.

Back in the saddle here...

Put on an EU long with an engulfing 5m candle in a demand zone just before the Asian open. But it was all fizzle and closed it down with a few pips profit.

So rather then stay up for London I am going to get some sleep and see what the early part of the US session brings.

I would like to do a pending short around 1.2750. Looking at this level as a swap supply zone and have a 61.8 fib there. But will sit on my hands for that one. Being awake for that one may be better, like to see a reversal out of there, engulfing or something.

Its inappropriate and has nothing to do with trading and will piss off half the traders. But here it is....Kinda funny

The entire male population well pay for that post..

i printed it and put it on the mirror for my wife, she almost found it funny

From my journal

1.15

Getting ready for the week ahead, laying out charts, cleaning the barn, fixing breaks and changing the oil on the truck. To me all a part of trading. I like having the details of life handled before the trading begins. Clear head and all.

The usual nemesis for me is still work schedule. With the new year upon us and the state as usual raising workman’s compensation and unemployment, the scheduling and efficiency is even more important. With construction bidding being so competitive right now, the idea of raising my rates to cover added expense is pointless. So efficiency and cost cutting is the name of the game. I am also seeing the quality of the products going into a new home dropping, again contractors cutting costs. I don’t blame them. All this makes full time trading that much more appealing. I love building things, but not for free. That doesn’t butter my biscuit or put beer on my table.

So 2012 for me is going to be a year of getting things set up for fulltime trading. So by 2013 I will be ready to go if need be. I will also endeavor to get back to posting more in my Rufus journal.

As for this week… I will be looking for pending orders to set, along with live chart time when it can be fit in. There will be a lot more scalp positions on a 5m chart.

So here is to a profitable week in all categories of life.

Put on an EU short just after the Tokyo open....Closed out a little positive. Now waiting for FF and London

EU long. Break of channel with trend

Now short