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A few Trades

  • #6,941
  • Apr 29, 2015 3:11am Apr 29, 2015 3:11am
Have you been over to Steve's site lately?
Vincit qui se vincit.
  • #6,942
  • Apr 29, 2015 3:12am Apr 29, 2015 3:12am
Quoting Pippopotamus
{quote} Yes, I hope not to see any rain for two weeks... Garden still very soft.... Old Briggs & Stratton chafing at the bit....
Lord, I can't even talk about my garden plot......I tilled it once and have not been able to get back in it since.......Seeds, row markers and string at the ready though....
  • #6,943
  • Apr 29, 2015 3:12am Apr 29, 2015 3:12am
Quoting Pippopotamus
Have you been over to Steve's site lately?
Not in a long while and I'm ashamed of myself..................
  • #6,944
  • Apr 29, 2015 3:18am Apr 29, 2015 3:18am
Quoting hiredwhip
{quote} Not in a long while and I'm ashamed of myself..................
I visit from time to time. I just don't find anything to interest me very much there. Endless stream of EAs of dubious potential... Many of the best minds who were there a yr, or so ago don't seem to be posting very much anymore....
Vincit qui se vincit.
  • #6,945
  • Apr 29, 2015 3:22am Apr 29, 2015 3:22am
Quoting Pippopotamus
Have you been over to Steve's site lately?
The problem with me is that the older I get the less free time I have because work takes so much longer to do........Our session is a good one for me to do because it's interesting, friendly and productive with very little time involved..........
  • #6,946
  • Apr 29, 2015 3:26am Apr 29, 2015 3:26am
One of the cronies I met for bkfst yester is also a retired trucker... Somehow the topic of bkfst on the road came up, and it came out that we both had eaten bkfst at a famous Trucker's restaurant just off rt 80 in Pa., about 1/2 the way between NJ, and Ohio. What enormous bkfsts were served there... Sausage biscuits with eggs, grits, etc, and all the coffee you could stand. Enough food for the entire day...
Vincit qui se vincit.
  • #6,947
  • Apr 29, 2015 3:27am Apr 29, 2015 3:27am
Quoting hiredwhip
{quote} The problem with me is that the older I get the less free time I have because work takes so much longer to do........Our session is a good one for me to do because it's interesting, friendly and productive with very little time involved..........
Yes, we chat, but at the same keep our eye on trading. That is a good thing...
Vincit qui se vincit.
  • #6,948
  • Apr 29, 2015 3:29am Apr 29, 2015 3:29am
Quoting Pippopotamus
One of the cronies I met for bkfst yester is also a retired trucker... Somehow the topic of bkfst on the road came up, and it came out that we both had eaten bkfst at a famous Trucker's restaurant just off rt 80 in Pa., about 1/2 the way between NJ, and Ohio. What enormous bkfsts were served there... Sausage biscuits with eggs, grits, etc, and all the coffee you could stand. Enough food for the entire day...
This sounds like one heck of a breakfast.........If I ate that I would need a 2 hour nap after.......And that's not to say that I wouldn't like to........
  • #6,949
  • Apr 29, 2015 3:32am Apr 29, 2015 3:32am
Quoting Pippopotamus
{quote} Yes, we chat, but at the same keep our eye on trading. That is a good thing...
Yup...........
  • #6,950
  • Apr 29, 2015 3:33am Apr 29, 2015 3:33am
Quoting hiredwhip
{quote} This sounds like one heck of a breakfast.........If I ate that I would need a 2 hour nap after.......And that's not to say that I wouldn't like to........
Yes, If you didn't walk out of the place with belly bulging the owner felt that she hadn't done her job well. The food was great, and abundant... Large pking lot always had 10-15 trucks stationed... Funny, we couldn't remember the name of the place... Just the grub!!
Vincit qui se vincit.
  • #6,951
  • Apr 29, 2015 3:34am Apr 29, 2015 3:34am
Pippo,
Need to get my show on the road......Setup on all 4 houses needs to be finished today.........See you tomorrow
  • #6,952
  • Apr 29, 2015 3:35am Apr 29, 2015 3:35am
Quoting hiredwhip
Pippo, Need to get my show on the road......Setup on all 4 houses needs to be finished today.........See you tomorrow
OK...
Vincit qui se vincit.
  • #6,953
  • Apr 30, 2015 2:58am Apr 30, 2015 2:58am
Morning Pippo,
Temp right at 50 degrees here and clear.....Should be a nice day.....Finished the set up last night and all went well....
PA is about as active as I've seen it in a long while....All 4 of our trades are doing well and look solid.....
Attached Image(s) (click to enlarge)
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  • #6,954
  • Apr 30, 2015 3:02am Apr 30, 2015 3:02am
Quoting hiredwhip
Morning Pippo, Temp right at 50 degrees here and clear.....Should be a nice day.....Finished the set up last night and all went well.... PA is about as active as I've seen it in a long while....All 4 of our trades are doing well and look solid..... {image} {image} {image} {image}
Yes, trades doing well....! We are at 53 deg, going to mid 60s... Beautiful day! Glad set up is done....
Vincit qui se vincit.
  • #6,955
  • Apr 30, 2015 3:05am Apr 30, 2015 3:05am
Quoting Pippopotamus
{quote} Yes, trades doing well....! We are at 53 deg, going to mid 60s... Beautiful day! Glad set up is done....
As am I!!!!..........If it was not for Fri, those two Aussie pairs could be viable trades tomorrow........
  • #6,956
  • Apr 30, 2015 3:11am Apr 30, 2015 3:11am
Quoting hiredwhip
{quote} As am I!!!!..........If it was not for Fri, those two Aussie pairs could be viable trades tomorrow........
Whip, looking at your charts, IMHO, your TPs look too close. I think setting them at Price Channel H for the period of about 6 mos, or so, is prob better...
Attached Image (click to enlarge)
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Vincit qui se vincit.
  • #6,957
  • Apr 30, 2015 3:15am Apr 30, 2015 3:15am
And, for ex.,
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 50 KB
Vincit qui se vincit.
  • #6,958
  • Apr 30, 2015 3:15am Apr 30, 2015 3:15am
Quoting Pippopotamus
{quote} Whip, looking at your charts, IMHO, your TPs look too close. I think setting them at Price Channel H for the period of about 6 mos, or so, is prob better... {image}
Yup, good idea, I've been moving them up little by little but with the small amount of time I spend watching the charts I think thats a smart move.....
  • #6,959
  • Apr 30, 2015 3:25am Apr 30, 2015 3:25am
Quoting hiredwhip
{quote} Yup, good idea, I've been moving them up little by little but with the small amount of time I spend watching the charts I think thats a smart move.....
Yes this even looks better............
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYDaily.png Size: 57 KB
  • #6,960
  • Apr 30, 2015 3:26am Apr 30, 2015 3:26am
Quoting hiredwhip
{quote} Yup, good idea, I've been moving them up little by little but with the small amount of time I spend watching the charts I think thats a smart move.....
Yes, painful to be stopped out when market is moving apace in direction of trade... I have studied taking profits vs allowing trades to run until backing into a trailing stop. Trailing stop distances were calculated based on 50+ trades, as were optimum TP values... It appears that letting trades run until backing into TSL is slightly better, but it can be frustrating to see a couple of hundred pips evaporate into nothing as price retraces to hit TSL...
Vincit qui se vincit.
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