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Bounce 'N' Break

  • #501
  • Aug 6, 2012 5:20am Aug 6, 2012 5:20am
Quoting Dayboy001
I knew one was coming, we have had a good run.


I am finished for the day, sort head and prepare for tomorrow.

G/L all

dont worry .... sometime its happens,,
i m happy to follow you and i find u as a guru....
Good Luck
  • #502
  • Aug 6, 2012 5:21am Aug 6, 2012 5:21am
Anyone have any idea where PA is going now I've closed out ?


that is the way the cookie crumbles !!

even though I think PA is looking long

on bad days it is important to stay out !!!
  • #503
  • Aug 6, 2012 5:22am Aug 6, 2012 5:22am
Quoting mian_miansab
dont worry .... sometime its happens,,
i m happy to follow you and i find u as a guru....
Good Luck
I have had many bad days, my positive days out weigh the negative ones !!

and the positive pips out weight the negative pips

today is just 1 day

It is important to remember that
  • #504
  • Aug 6, 2012 5:23am Aug 6, 2012 5:23am
Hey Rooi,

I hope you are having a better day ?
  • #505
  • Aug 6, 2012 5:25am Aug 6, 2012 5:25am
Quoting Dayboy001
Anyone have any idea where PA is going now I've closed out ?


that is the way the cookie crumbles !!

even though I think PA is looking long

on bad days it is important to stay out !!!
I think the market is positioning for Bernake speech, but when they find he has nothing new the Longs will continue,

but wouldn't bet on staying in and wait,

I have also closed my longs for now.
  • #506
  • Aug 6, 2012 5:36am Aug 6, 2012 5:36am
Quoting Dza101
I think the market is positioning for Bernake speech, but when they find he has nothing new the Longs will continue,

but wouldn't bet on staying in and wait,

I have also closed my longs for now.
Yes, I get days where nothing goes to plan and the best thing to do is stay flat.

I accept my bad days but looking back not closing @ 1.1270 (ish) and 1.5580(ish) was very poor play.

Its is very important to analyse everything we do, especially bad days !!
  • #507
  • Aug 6, 2012 5:40am Aug 6, 2012 5:40am
Quoting Dayboy001
Hey Rooi,

I hope you are having a better day ?
Yip having a okay day so far.

Made

EU+12
GU+12

Took the entry's on the break of the box of the Asian consolidation on the 5min tf then I Missed your enrtys at the bottom just before the spike north.

Dont always like to post my views of the day because im not as experienced as yourself and would not like to confuse people with my not so consistent analysis .Will post them in future if you dont mind my views?After all this is your trading journal!

Anyway like you said this just the start of the week and there are 4 more trading days left in this week never mind the total number of day left in the month.

ROOI:nerd:
We miss 100% of the shots we don't take
  • #508
  • Aug 6, 2012 5:44am Aug 6, 2012 5:44am
Have a great day ahead,

am clocking out for now

cheers

  • #509
  • Aug 6, 2012 5:47am Aug 6, 2012 5:47am
Indeed,

I think that can be one of the biggest problems for inexperienced traders, seeing past the days loss !!

Everyone can deal with winners that is easy, it is coping with the losers!!

I am at fault today, not sticking to game plan and closing those trades!!
That was a result of being behind at that point.

But I am wise enough to know when to end the days trading!!

EUR may go on to make what would have been a profit, but it is all about head management !!

AND when you feel that slipping get out and sit out !!

Quoting Rooi
Yip having a okay day so far.

Made

EU+12
GU+12

Took the entry's on the break of the box of the Asian consolidation on the 5min tf then I Missed your enrtys at the bottom just before the spike north.

Dont always like to post my views of the day because im not as experienced as yourself and would not like to confuse people with my not so consistent analysis .Will post them in future if you dont mind my views?After all this is your trading journal!

Anyway like you said this just the start of the week and there are 4 more trading days...
  • #510
  • Aug 6, 2012 6:01am Aug 6, 2012 6:01am
The most important for anybody wanting to be a great trader is to master the emotional thinking process once the have established a good trading system and style like you have done.

Well done for getting out for the day.

I have sat on days pissing away a whole weeks profit on just one days trading and being to hard headed to think rationally about what im doing to my confidence and not to mention my hard earned profit that im just throwing back into the market

Like they always say.you only need to be right 6 out of 10 times to make a profit and your profit to loss ratio is bigger than 60% from what Ive seen in the last 2weeks

I Will be here for the rest of the day but dont know if I will enter a trade till Bernake has finished creating all the sh!tty moves that he normally does.

Anyway keep it up!!!!!!

ROOI:nerd:
Quoting Dayboy001
Indeed,

I think that can be one of the biggest problems for inexperienced traders, seeing past the days loss !!

Everyone can deal with winners that is easy, it is coping with the losers!!

I am at fault today, not sticking to game plan and closing those trades!!
That was a result of being behind at that point.

But I am wise enough to know when to end the days trading!!

EUR may go on to make what would have been a profit, but it is all about head management !!

AND when you feel that slipping get out and sit out !!
We miss 100% of the shots we don't take
  • #511
  • Aug 6, 2012 6:54am Aug 6, 2012 6:54am
Look at the PA now !!!

Quoting Rooi
The most important for anybody wanting to be a great trader is to master the emotional thinking process once the have established a good trading system and style like you have done.

Well done for getting out for the day.

I have sat on days pissing away a whole weeks profit on just one days trading and being to hard headed to think rationally about what im doing to my confidence and not to mention my hard earned profit that im just throwing back into the market

Like they always say.you only need to be right 6 out of 10 times to make a profit...
  • #512
  • Aug 6, 2012 8:49am Aug 6, 2012 8:49am
Short @

1.5580
1.2395
  • #513
  • Aug 6, 2012 9:09am Aug 6, 2012 9:09am
Quoting Dayboy001
Short @

1.5580
1.2395
Hello again

did you get to hear bernake speech,

any thing new?
  • #514
  • Aug 6, 2012 9:13am Aug 6, 2012 9:13am
Quoting Dayboy001
Short @

1.5580
1.2395
why are you taking a short hear I see the move still going up?
  • #515
  • Aug 6, 2012 9:18am Aug 6, 2012 9:18am
Quoting Dayboy001
Short @

1.5580
1.2395
closed @

1.2381 + 14
1.5573 + 7

+21
  • #516
  • Aug 6, 2012 9:20am Aug 6, 2012 9:20am
Quoting Dza101
why are you taking a short hear I see the move still going up?
taking a quick scalp from a likely place

1.5585 and 1.2400
  • #517
  • Aug 6, 2012 9:21am Aug 6, 2012 9:21am
Quoting Dza101
Hello again

did you get to hear bernake speech,

any thing new?
I stay away from news, let the dust settle !!

I especially stay away from people speaking !!
  • #518
  • Aug 6, 2012 9:24am Aug 6, 2012 9:24am
Quoting Dayboy001
I stay away from news, let the dust settle !!

I especially stay away from people speaking !!
ok I understand,

  • #519
  • Aug 6, 2012 9:43am Aug 6, 2012 9:43am
short @

1.2400
1.5580
  • #520
  • Aug 6, 2012 9:45am Aug 6, 2012 9:45am
Quoting Dayboy001
short @

1.2400
1.5580
tight stops here people not much above current price action
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