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Oktoberfest Nightclub

  • #6,441
  • Jul 21, 2014 4:41am Jul 21, 2014 4:41am
Good morning friends, hope you are fine! Bullish hammer on h4 forming on G/U? Seems worth a try from 1.7073, I took two small long ones, let's see ...
Fix up, trade sharp ...
  • #6,442
  • Jul 21, 2014 5:47am Jul 21, 2014 5:47am
Quoting workingforex
{quote} Got stopped out with a few pips! Really not happy, but will look for entry again!
yes, plenty of time..

@hickson, still waiting for 1.701x atm 1.703x is acting as a bump, but I'm not buying at these levels with current PA.. what are you aiming for?
Patience is a virtue...
  • #6,443
  • Jul 21, 2014 6:12am Jul 21, 2014 6:12am
Quoting hadox
{quote} yes, plenty of time.. @hickson, still waiting for 1.701x atm 1.703x is acting as a bump, but I'm not buying at these levels with current PA.. what are you aiming for?
Was just in for test of 1.71 but does not look so good after being up 20 at BE now ... probably should toss them out.
Fix up, trade sharp ...
  • #6,444
  • Jul 21, 2014 6:16am Jul 21, 2014 6:16am
Quoting Hickson
{quote} Was just in for test of 1.71 but does not look so good after being up 20 at BE now ... probably should toss them out.
right, got it..

1.706x might attract some buyers, but again, I'm not buying today..
Patience is a virtue...
  • #6,445
  • Jul 21, 2014 10:04am Jul 21, 2014 10:04am
she's more than welcome at my beach ...

laterzzz

Inserted Video
Patience is a virtue...
  • #6,446
  • Jul 22, 2014 2:52am Jul 22, 2014 2:52am
China running like hell, nearing critical 24000 level
HKG33 H4:
Attached Image (click to enlarge)
Click to Enlarge Name: Picture0002.png Size: 111 KB
Don't be a hero. Don't have an ego. Always question yourself
  • #6,447
  • Jul 22, 2014 2:56am Jul 22, 2014 2:56am
Quoting USD-Bear
China running like hell, nearing critical 24000 level HKG33 H4: {image}
that's funny, looked at the chart 30 min ago and noticed price was near 24000, I couldn't remember if you still had a position..

I see you have

nice profit bear
Patience is a virtue...
  • #6,448
  • Jul 22, 2014 3:02am Jul 22, 2014 3:02am
Quoting hadox
{quote} that's funny, looked at the chart 30 min ago and noticed price was near 24000, I couldn't remember if you still had a position.. I see you have nice profit bear
promised myself once in my life I will be able to stay on a holding position for its full glory, looks like this might be the one
Don't be a hero. Don't have an ego. Always question yourself
  • #6,449
  • Jul 22, 2014 3:18am Jul 22, 2014 3:18am
Quoting USD-Bear
{quote} promised myself once in my life I will be able to stay on a holding position for its full glory, looks like this might be the one
let's hope so Bear..

do you consider scaling in,scaling out, or just leaving it as it is?
Patience is a virtue...
  • #6,450
  • Jul 22, 2014 3:45am Jul 22, 2014 3:45am
Quoting hadox
{quote} let's hope so Bear.. do you consider scaling in,scaling out, or just leaving it as it is?
no, considering not to be the smart-ass this time, the position is large so not adding anymore, there is enough room to digest retraces and temporary setbacks, I will leave it as it is prob for a long time....
Don't be a hero. Don't have an ego. Always question yourself
  • #6,451
  • Jul 22, 2014 4:08am Jul 22, 2014 4:08am
Quoting USD-Bear
{quote} no, considering not to be the smart-ass this time, the position is large so not adding anymore, there is enough room to digest retraces and temporary setbacks, I will leave it as it is prob for a long time....
right, sounds good, thx..

lately if been thinking about fx vs stocks, and I don't know, maybe it's just me.. but in a way the stock market seems to be much more "simple" than fx, and by simple I mean much more clearer waves vs a lot of "no direction" in fx - looking at the movements/trades I've made in the euro/cable compared with the dax, there's a lot more work figuring out the direction with euro and cable, and even if the direction is right, it might only last a couple of days to a week..

anyway, my Q is , in which way do you seperate your thinking from stocks vs fx? like in general, from a retail perspective.. would you consider fx as short term movements and stocks long term movements?
Patience is a virtue...
  • #6,452
  • Jul 22, 2014 4:41am Jul 22, 2014 4:41am
Quoting hadox
she's more than welcome at my beach ... laterzzz https://www.youtube.com/watch?v=9FOWI6Zftpg
Do you think she will also visit Thyboron beach next week for some Maybe I should smuggle some alcohol up there haha.
Fix up, trade sharp ...
  • #6,453
  • Jul 22, 2014 5:10am Jul 22, 2014 5:10am
Quoting Hickson
{quote} Do you think she will also visit Thyboron beach next week for some Maybe I should smuggle some alcohol up there haha.
lol..

it's guarenteed cheaper in Germany, but I guess in depends on how much you're expecting to drink
Patience is a virtue...
  • #6,454
  • Jul 22, 2014 7:14am Jul 22, 2014 7:14am
Quoting hadox
{quote} lol.. it's guarenteed cheaper in Germany, but I guess in depends on how much you're expecting to drink
Well, it does not matter so much on this trip ... I just want to enjoy the sea, sun and seafood
Fix up, trade sharp ...
  • #6,455
  • Jul 22, 2014 7:59am Jul 22, 2014 7:59am
Quoting Hickson
{quote} Well, it does not matter so much on this trip ... I just want to enjoy the sea, sun and seafood
good plan Hickson, let's hope the weather keeps being superb
Patience is a virtue...
  • #6,456
  • Jul 22, 2014 8:08am Jul 22, 2014 8:08am
closed my BUND shorts @ BE
think final turning point has yet to be defined. (maybe 1% interest rate meaning a BUND around 150)
Don't be a hero. Don't have an ego. Always question yourself
  • #6,457
  • Jul 22, 2014 8:33am Jul 22, 2014 8:33am
Quoting hadox
{quote} right, sounds good, thx.. lately if been thinking about fx vs stocks, and I don't know, maybe it's just me.. but in a way the stock market seems to be much more "simple" than fx, and by simple I mean much more clearer waves vs a lot of "no direction" in fx - looking at the movements/trades I've made in the euro/cable compared with the dax, there's a lot more work figuring out the direction with euro and cable, and even if the direction is right, it might only last a couple of days to a week.. anyway, my Q is , in which way do you seperate...
agree hadox, fx is hard lately
Although I am a firm believer of specialization (better know everything about one or a few pairs then covering everything) I also cover stocks, bunds and even commodities because I'm investing whole of my life.
For stocks I tend to think more at fundamentals compared to technicals because I'm educated more in stock/bond markets. Sometimes it disturbs my trading because of the fact that fundamentals are not flipping as fast as technicals.
Apart from that I think retailer (such as us) should not differ from the way of trading these markets, if I find trading fx too difficult at times I look for other markets.
What is important imo looking at other markets is give yourselves time to get accustomed but that even goes within fx, if you managing for example GU the same way as UJ you will never get a grip on them.
In my view (which can at times be deadly wrong) US stocks due to the over-liquidity QE has caused is a huge balloon which is going to collapse having effects on all markets but that is fundamental talk which doesn't predict coming months so if technicals direct a way I prefer the south ones....
Don't be a hero. Don't have an ego. Always question yourself
  • #6,458
  • Jul 22, 2014 1:35pm Jul 22, 2014 1:35pm
Quoting USD-Bear
{quote} agree hadox, fx is hard lately Although I am a firm believer of specialization (better know everything about one or a few pairs then covering everything) I also cover stocks, bunds and even commodities because I'm investing whole of my life. For stocks I tend to think more at fundamentals compared to technicals because I'm educated more in stock/bond markets. Sometimes it disturbs my trading because of the fact that fundamentals are not flipping as fast as technicals. Apart from that I think retailer (such as us) should not differ from the...
thx for your answer Bear, makes sense especially the part about specializing, although I think I'm doing that, but difficult to maintain focus in slow markets.. that's prolly also my biggest hurdle atm, accepting the current slow markets, it's very very hard doing nothing for more than a week, which is quite normal lately.. thankfully the weather is nice, but it gets really boring in the length, but just a psycholgical thing I guess..

I don't mind evolving, but I guess there comes a time where you can't keep "optimizing" the trading plan just because you're tired of waiting, and I must admit it took me quite a while before realizing that.. still happens once in a while though, but once I start thinking like that, I normally shut down the computer as soon as I realize what I'm about to do - it's a constant battle against the mind..

anyway..

catch you tomorrow Bear
Patience is a virtue...
  • #6,459
  • Jul 23, 2014 2:05am Jul 23, 2014 2:05am
looking for some bear clues around 973x ish in the dax...
Patience is a virtue...
  • #6,460
  • Jul 23, 2014 2:12am Jul 23, 2014 2:12am
and some bull clues around 1.344x/2x ish in ze euro..
Patience is a virtue...
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