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  • #6,001
  • Edited 11:51am Sep 5, 2012 11:49am | Edited 11:51am
Hi Eiman, looks like the euro bear is not going to gain the upper hand anytime soon.

I still am rescueing my aud long position from last week friday, essentially Im short euraud, though with better average. Seems not a gd position to be in right now. Looks to be a long night for me
  • #6,002
  • Sep 5, 2012 2:36pm Sep 5, 2012 2:36pm
Quoting dii
Hi Eiman, looks like the euro bear is not going to gain the upper hand anytime soon.

I still am rescueing my aud long position from last week friday, essentially Im short euraud, though with better average. Seems not a gd position to be in right now. Looks to be a long night for me
Hi dii,
I'm not sure Eddy would like us discussing our trading in his thread.
Rescuing from last week ? WOW! I think your doing something wrong.
  • #6,003
  • Sep 5, 2012 2:44pm Sep 5, 2012 2:44pm
Eddy,

I was short last night, remember? I have a few positions
Attached Image (click to enlarge)
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The market is not moving. What would you do in such situations? Would you scale down in loss or would you prefer to bite the bullet? I'm thinking of scaling down because there is no volatility. Would that be a good mindset?
  • #6,004
  • Sep 5, 2012 3:14pm Sep 5, 2012 3:14pm
Quoting Eiman
Hi dii,
I'm not sure Eddy would like us discussing our trading in his thread.
Rescuing from last week ? WOW! I think your doing something wrong.
@ Hi Eiman,

In my previous post, I was chatting with you, referring to my positions at that time. My bad for any misunderstanding. I was short eurusd, waiting for the bears and long audusd. But your advice is duly noted, I will refrain from doing so in future. Thanks for the heads up.

Ya, the audusd trade I had on was indeed very wrong - I did what Eddy would say previously in the thread, paraphrase "I think ahead of the market (anticipated)." Tks to Eddy for the reminder, I will discipline myself to avoid it in the future.



@ Hi Eddy

In the short session today, I have pick up a few gd habits (Much Thanks!), If I can have the opportunity to join other sessions, that would be really helpful to me and really awesome Many Thanks!



Warm Regards,

dii
  • #6,005
  • Sep 5, 2012 4:51pm Sep 5, 2012 4:51pm
Quoting Eiman
Eddy,

I was short last night, remember? I have a few positions
Attachment
The market is not moving. What would you do in such situations? Would you scale down in loss or would you prefer to bite the bullet? I'm thinking of scaling down because there is no volatility. Would that be a good mindset?
eiman....it looks like you are not very far from break even...i would watch it today and most likely you will get opportunity to get out at better price.
regards
ps i am in similar position to you
  • #6,006
  • Sep 5, 2012 9:06pm Sep 5, 2012 9:06pm
Quoting Eiman
Hi dii,
I'm not sure Eddy would like us discussing our trading in his thread.
Rescuing from last week ? WOW! I think your doing something wrong.
dont' mind at all... as long as we are all in the same page and for sure by now you know what i mean

share it to us all, your views and your dances... that we'll learn from it all...

regards,
Success consists of going from failure to failure without loss of enthusiam
  • #6,007
  • Sep 5, 2012 9:14pm Sep 5, 2012 9:14pm
Quoting Eiman
Eddy,

I was short last night, remember? I have a few positions
Attachment
The market is not moving. What would you do in such situations? Would you scale down in loss or would you prefer to bite the bullet? I'm thinking of scaling down because there is no volatility. Would that be a good mindset?

i'm not in my battle station at the moment so don't have a clue what is the price doing right now... but looking at your chart... there's no indication that price will be heading south any moment...

remember, feel her... check your multiple views of time frame and see some relvant and current levels that might be of strong interest to you... ...zoom in... and EXPERIMENT!!!

if there is no reason for you to be "IN" then there's no need for you to be "IN"

... if you're heavily exposed... and you started to sweat big time then might as well a good thing to scale down... and once price will go back to your direction... then start implementing your attacks without hesitation...

be nimble...
Success consists of going from failure to failure without loss of enthusiam
  • #6,008
  • Sep 5, 2012 9:20pm Sep 5, 2012 9:20pm
watching price charts is very different from feeling price action... pulse per pulse...


watching is same as reading... all you can do is analyse...

while feeling price on the other hand is totally a different story...

once you have the right feel... then you can flow with her... point per point...

when insync with price action... entries are not acutally important... because you can manage your way to profitability...

if mis-timed entry... then you can just wait for her to be back to your direction...

if caught on a wrong bus... then by managing your position right... rescue is very possible... to end up BE or a little profit...

it is all a matter of correct mindset...

have a plan and ... just do it...
Success consists of going from failure to failure without loss of enthusiam
  • #6,009
  • Sep 5, 2012 9:25pm Sep 5, 2012 9:25pm
Early Fundamental and news information
  • #6,010
  • Sep 6, 2012 3:33am Sep 6, 2012 3:33am
testing waters.... shark infested territory...

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Success consists of going from failure to failure without loss of enthusiam
  • #6,011
  • Sep 6, 2012 3:39am Sep 6, 2012 3:39am
volatile my ass...

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Success consists of going from failure to failure without loss of enthusiam
  • #6,012
  • Sep 6, 2012 3:44am Sep 6, 2012 3:44am
good to see you are in right direction now eddy
  • #6,013
  • Sep 6, 2012 3:51am Sep 6, 2012 3:51am
scaled down at 13.........

scout to fee... nimble... sharks detected.......

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Success consists of going from failure to failure without loss of enthusiam
  • #6,014
  • Sep 6, 2012 3:53am Sep 6, 2012 3:53am
scaling down to its minimum... scout to feel...

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Success consists of going from failure to failure without loss of enthusiam
  • #6,015
  • Sep 6, 2012 3:59am Sep 6, 2012 3:59am
awaiting for another re-test

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Success consists of going from failure to failure without loss of enthusiam
  • #6,016
  • Sep 6, 2012 4:01am Sep 6, 2012 4:01am
thinking to have an exclusive session againg tonight... i'll pm you the invite...

for now... i'm going to have a shower and a quicky at woollies... need to replenish stock
Success consists of going from failure to failure without loss of enthusiam
  • #6,017
  • Sep 6, 2012 4:03am Sep 6, 2012 4:03am
it will be a very interesting night... tonight!

Success consists of going from failure to failure without loss of enthusiam
  • #6,018
  • Edited 8:34am Sep 6, 2012 4:06am | Edited 8:34am
Quoting kimt
eiman....it looks like you are not very far from break even...i would watch it today and most likely you will get opportunity to get out at better price.
regards
ps i am in similar position to you
kim...I was not uncomfortable with my position so I decided to keep them as to get out in a better price. But it seems that I'm getting impatient
  • #6,019
  • Sep 6, 2012 5:13am Sep 6, 2012 5:13am
now i squared...

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Success consists of going from failure to failure without loss of enthusiam
  • #6,020
  • Sep 6, 2012 5:36am Sep 6, 2012 5:36am
tricky time to trade... heaps of news releases...

ready for session?
Success consists of going from failure to failure without loss of enthusiam
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