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  • #3,161
  • Mar 20, 2014 9:20am Mar 20, 2014 9:20am
Quoting hadox
I have some euro S at 1.374x/2x - it looks pretty heavy atm.. the same with the dax, looks like the bull move was a pullback for the bears atm, if 911x slips I have 896x/3x as the next area..
well, somehow bulls managed to turn on a dime - have some minor R at 926x though.. its a beast atm..

took 1/3 of at 925x...
Patience is a virtue...
  • #3,162
  • Mar 20, 2014 9:31am Mar 20, 2014 9:31am
Quoting hadox
{quote} it's been a while since I caught the dax like this - I'll better enjoy it, as long as it last.. taking 1/3 of at 929x.. if everything pans out I'm looking for 936x as 2. target and 955x as a final target..
changed it a bit.. still have 955x as a final target..
Patience is a virtue...
  • #3,163
  • Mar 20, 2014 9:47am Mar 20, 2014 9:47am
Quoting LarryDarrell
Anyway entered a medium sized long @3764 and Gu long 1st position @6489. {image}
Stopped out both at be.
Fail better.
  • #3,164
  • Mar 20, 2014 9:49am Mar 20, 2014 9:49am
Quoting LarryDarrell
{quote} Stopped out both at be.
be or be+?

just asking, because those be+1 / be+5 ish do add up..
Patience is a virtue...
  • #3,165
  • Mar 20, 2014 10:22am Mar 20, 2014 10:22am
Strange day - overall only Crude is producing - closed 50%

Attached Image
  • #3,166
  • Mar 20, 2014 10:24am Mar 20, 2014 10:24am
Quoting hadox
{quote} be or be+? just asking, because those be+1 / be+5 ish do add up..
be+, in both cases closed half to pay for s/l, and did so a few pips higher than s/l needed... but with my position sizes it doesn't really count. Couldn't eat lunch from these two... it's more a cup of coffee
Fail better.
  • #3,167
  • Mar 20, 2014 12:13pm Mar 20, 2014 12:13pm
Finally U/J longs are looking good. If it gets up above 103.2x tomorrow will be looking to go short Single Malt and long Cigars, no SL! How's that for a straddle option?
  • #3,168
  • Mar 20, 2014 3:12pm Mar 20, 2014 3:12pm
Quoting LarryDarrell
{quote} be+, in both cases closed half to pay for s/l, and did so a few pips higher than s/l needed... but with my position sizes it doesn't really count. Couldn't eat lunch from these two... it's more a cup of coffee
well, it's better than nothing..
Patience is a virtue...
  • #3,169
  • Mar 21, 2014 1:46am Mar 21, 2014 1:46am
Good morning.

Again all quiet on the asian front... more or less. Crazy friday ahead and I've got no ideas atm. Will have a closer look at UJ, see where I should place some buy limits. Only long from yesterday still cruising is AU from 9010, and just read that Citi is shorting for 0.86. Well, this town is too small for the both of us!

Quoting hadox
{quote} well, it's better than nothing..
You are absolutely right of course, they add up. It's sometimes amazing to see the ratio of profits that just come from early partials or be+ stops. I recently came around the concept 'The fox knows many things, the hedgehog knows one big thing' and have been thinking about this ever since. This shows some flaw in my trading, waiting for the next big move while ignoring the little parts that 'add up'. I'm still struggeling to convert the concept into tradable steps...
Fail better.
  • #3,170
  • Mar 21, 2014 3:10am Mar 21, 2014 3:10am
Quoting LarryDarrell
Good morning. Again all quiet on the asian front... more or less. Crazy friday ahead and I've got no ideas atm. Will have a closer look at UJ, see where I should place some buy limits. Only long from yesterday still cruising is AU from 9010, and just read that Citi is shorting for 0.86. Well, this town is too small for the both of us! {quote} You are absolutely right of course, they add up. It's sometimes amazing to see the ratio of profits that just come from early partials or be+ stops. I recently came around the concept 'The fox knows many...
had to google a bit, I never heard about it before, interesting..

but what exactly do you mean about it, is it your trading style or is it you or something third?
Patience is a virtue...
  • #3,171
  • Mar 21, 2014 3:19am Mar 21, 2014 3:19am
Quoting USD-Bear
{quote} bad day, added one @ 21.177 but preparing for defeat @ 21.000
pfff, still alive, now hoping for a 21.600 break to get some air

HKG33 M15:
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Don't be a hero. Don't have an ego. Always question yourself
  • #3,172
  • Mar 21, 2014 3:24am Mar 21, 2014 3:24am
Quoting USD-Bear
{quote} pfff, still alive, now hoping for a 21.600 break to get some air HKG33 M15: {image}
not bad, fwiw dax is trying to make a breakout or suck in some bulls at the top atm..
Patience is a virtue...
  • #3,173
  • Mar 21, 2014 3:34am Mar 21, 2014 3:34am
Crude didn't make it to target 98.00 - manually closed not too shabby about +200 ticks

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  • #3,174
  • Mar 21, 2014 3:38am Mar 21, 2014 3:38am
Quoting Ken A
Crude didn't make it to target 98.00 - manually closed not too shabby about +200 ticks {image}
You bastard, would like to see it near 94 (USOil that is) but mostly pick the wrong prices...
Well done!
Don't be a hero. Don't have an ego. Always question yourself
  • #3,175
  • Mar 21, 2014 3:41am Mar 21, 2014 3:41am
Quoting USD-Bear
{quote} You bastard, would like to see it near 94 (USOil that is) but mostly pick the wrong prices... Well done!
LOL still waiting to enter fresh trade

Long below 98.00
Short above 101.50

That's the plan
  • #3,176
  • Mar 21, 2014 3:45am Mar 21, 2014 3:45am
It's me and my trading style. I think that these two are interwoven with everyone of us, that is why it is so difficult to trade someone else's system.

I think I started out as someone who wanted to be proven right about some prediction that has somehow formed in my mind. Like: the EUR is doomed, the Dax will reach 12000, whatever. After that conviction has been formed, it's difficult to adapt to the real data, I tended to read all circumstances in favour of my original view. Whereas the sensible approach would be to forget about biases, about the big prophecy and be proven right in the view of friends, family, ff-members, the general public (), and take what the market offers you. So: close trades that don't work according to my initial idea, take profits at intervals, etc.

I read about it in Nate Silver's 'The Signal and the Noise', and he applies the concept to those tv-prophets, who fill the channels with their predictions, although they've been wrong almost all the time. Interesting read, btw.

Just realized, it's not only crazy friday, but triple witching day...
Fail better.
  • #3,177
  • Mar 21, 2014 3:54am Mar 21, 2014 3:54am
Quoting LarryDarrell
It's me and my trading style. I think that these two are interwoven with everyone of us, that is why it is so difficult to trade someone else's system. I think I started out as someone who wanted to be proven right about some prediction that has somehow formed in my mind. Like: the EUR is doomed, the Dax will reach 12000, whatever. After that conviction has been formed, it's difficult to adapt to the real data, I tended to read all circumstances in favour of my original view. Whereas the sensible approach would be to forget about biases, about the...
sound considerations Larry, most important is finding your psychology of trading and keeping in mind there are no easy/sure bets as most of FF-members pronounce
Don't be a hero. Don't have an ego. Always question yourself
  • #3,178
  • Mar 21, 2014 4:07am Mar 21, 2014 4:07am
Quoting LarryDarrell
It's me and my trading style. I think that these two are interwoven with everyone of us, that is why it is so difficult to trade someone else's system. I think I started out as someone who wanted to be proven right about some prediction that has somehow formed in my mind. Like: the EUR is doomed, the Dax will reach 12000, whatever. After that conviction has been formed, it's difficult to adapt to the real data, I tended to read all circumstances in favour of my original view. Whereas the sensible approach would be to forget about biases, about the...
yes, I think you're right about trading style and personality.. I understand what you mean now, and agree about "take what the market offers", there is always a new trade..

something that helped me a lot was when I began digging a bit in my own mind.. long story short, according to Carl Jung you're either introverted or extroverted sometimes 40/60 sometimes 90/10 etc etc.. anyway I'm very introverted, I like analysing, simple thinking, working alone etc etc.. after reading some more about it, a lot of things started to click, and I knew I had certain limitations etc..
Patience is a virtue...
  • #3,179
  • Mar 21, 2014 4:07am Mar 21, 2014 4:07am
Quoting USD-Bear
{quote} You bastard, would like to see it near 94 (USOil that is) but mostly pick the wrong prices... Well done!
US Oil = Crude WTI (not Brent Crude) http://www.bloomberg.com/energy/

The reason I got higher price because of April Contract then automatically roll-over to May contract
  • #3,180
  • Mar 21, 2014 4:18am Mar 21, 2014 4:18am
Quoting Ken A
{quote} US Oil = Crude WTI (not Brent Crude) http://www.bloomberg.com/energy/ The reason I got higher price because of April Contract then automatically roll-over to May contract
ah ic, are positions automatically closed at roll-over time?
I experienced the same thing with BUNDS, rolling over to a new contract means dropping some 200 pips in price so I guess market expectations define the difference between future and cash prices. I hate it because it disturbs the charts so much, but never experienced a roll-over while in position.
Don't be a hero. Don't have an ego. Always question yourself
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