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Discovering An Edge

  • #801
  • Jul 21, 2015 12:04am Jul 21, 2015 12:04am
FYI....market appears to be pulling off some of the 50 bp rate cut that was priced in for NZD.
  • #802
  • Jul 21, 2015 12:17am Jul 21, 2015 12:17am
fine journal, fine techniques..
it is a pleasure to read.
nescentia necat
  • #803
  • Jul 21, 2015 1:17am Jul 21, 2015 1:17am
Morning All,

Unfortunately not a good trading morning.

Closed Losses
Short EURUSD -34
Short AUDUSD -34

Trades Underwater
GBPAUD
Painful, as I loaded up a bit more on this one... fairly good targets on my long bias. This is all setup risk (ie. entry not at best place to enter). I'm relying on Day Open to hold.

USDCAD
This was developing until 15M ago... so I may pull the plug. I'm looking for 15M 200EMA to hold.
A pip is only worth it if you know how much you risked to earn it
  • #804
  • Jul 21, 2015 11:45pm Jul 21, 2015 11:45pm
lost my internet for several hours, so was trading off my iPad via VPS.....lost 40 on trade I posted...ended the day up a measly 17 pts.
Today is a new day......L GJ 193.04
  • #805
  • Jul 22, 2015 12:37am Jul 22, 2015 12:37am
all out +10..... Reassess after GBP Eco numbers in 1 hour
  • #806
  • Jul 22, 2015 2:03am Jul 22, 2015 2:03am
L GBPCHF 1.4978
  • #807
  • Jul 22, 2015 2:18am Jul 22, 2015 2:18am
L GN 2.3643... T 2.3750
  • #808
  • Jul 22, 2015 3:10am Jul 22, 2015 3:10am
half off GCHF +15
  • #809
  • Jul 22, 2015 3:19am Jul 22, 2015 3:19am
Hi All / Mike / Viewers,

Not been able to update as work is in the way big time.

Horrific trading day yesterday. I bet wrong on GBPAUD and GBPCAD and work got in the way of management - quite literally. Down a big chunk.
The frustrating part was that I was still biased with trend but the count-trend kicked my ass.

One trade was an outright error -200 which I am kicking myself for because it was preventable. Anyways, in the aftermath of the event I found myself surprisingly not "upset" or emotional and I did not revenge trade - so something from my mental practices has kicked in and I feel a turning point on that front.

Currently Long GBPAUD, GPBUSD, EURUSD.

Will update where I can.
A pip is only worth it if you know how much you risked to earn it
  • #810
  • Jul 22, 2015 3:30am Jul 22, 2015 3:30am
Short Eu 1.09228
  • #811
  • Jul 22, 2015 3:37am Jul 22, 2015 3:37am
close rest GCHF +29
  • #812
  • Jul 22, 2015 4:25am Jul 22, 2015 4:25am
close GN +3...... Will buy on dip or close above 30 min fractal...
  • #813
  • Jul 22, 2015 4:52am Jul 22, 2015 4:52am
Finally got some wins back!

GBPAUD
+1, +77.5

GBPCAD
+22.7
A pip is only worth it if you know how much you risked to earn it
  • #814
  • Jul 22, 2015 5:11am Jul 22, 2015 5:11am
Quoting vlady1974
Finally got some wins back! GBPAUD +1, +77.5 GBPCAD +22.7
Yaaay
My help is in the name of the Lord who made heaven and earth.
  • #815
  • Jul 22, 2015 5:44am Jul 22, 2015 5:44am
Cover half EU short +25
  • #816
  • Jul 22, 2015 6:39am Jul 22, 2015 6:39am
L GJ 1.6360 t 1 1.6390 T 2 194.50
  • #817
  • Jul 22, 2015 6:44am Jul 22, 2015 6:44am
I have a few longs on GBPCAD currently +48 avg.
Targets 20408 and 20499
A pip is only worth it if you know how much you risked to earn it
  • #818
  • Jul 22, 2015 6:57am Jul 22, 2015 6:57am
Quoting vlady1974
I have a few longs on GBPCAD currently +48 avg. Targets 20408 and 20499
I really want to hold onto this longer. The plan is if 20408 is reached I will add more but close the 1/2 of the oldest positions. Really want the 20499.
A pip is only worth it if you know how much you risked to earn it
  • #819
  • Jul 22, 2015 7:13am Jul 22, 2015 7:13am
half off Gj long + 18
  • #820
  • Jul 22, 2015 7:15am Jul 22, 2015 7:15am
L UJ 123.98
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