SharePosts by Chikot
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Oil made higher high and higher low. Still it is still down trend but might be reversing. went long at 78.92. after few attempts to find direction. failed to capitalize on my right decision. picked about 40 pips while it went 300 pips up. Crazy volatility.
Need to become more reactionary then predictionary. It will cut my losses.
Gotta trade from 15 min at least.
in any case I am up somewhat. Waiting for clean signs where to trade. Long or short.
15 min pin bar down. eyes are forming. it is still not negated but price holds above 80.80 so better to stay flat for now.
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Just google Fear and Greed Trader. you will see it at the top. background of green.
The guy only traded stocks.
[quote]trader757 posted:
[quote]Chikot posted:
I think the most important is just to go with a market. Does not matter short or long.
Have you read Greed and Fear Trader? The guy was making absolute killings in the fall of 2008 when stocks were falling. Had kind of $100 K-$1 million days one after another.
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Chikot i would like to take a look at this book. Can you give me more details. I googled but there are loads of things about greed and fear and couldn't lo......
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$4 down since the open. I wish I sold it. There was a solid signal but I do not trade this time.
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On second thought it must be suckers muncher [eek]
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You can ask him [wink]
It is real phone number.
[quote]TheOracle posted:
[quote]Chikot posted:
Yep, there is no real growth. The well paying jobs cannot be created as manufacturing base is elsewhere.
I also like this ad:
Trade forex and start making money !!! You will generate 2.5% - 5% profit every month from the money that you invest in your OWN ACCOUNT. YOU WILL MAKE PROFIT EVERY MONTHS GUARANTEE if you follow our instruction!!!
Please call 647 972 5500 after 6 pm
[/quote]
LOL! I wonder what his day job is [lol].
[/quote]
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Yep, there is no real growth. The well paying jobs cannot be created as manufacturing base is elsewhere.
I also like this ad:
Trade forex and start making money !!! You will generate 2.5% - 5% profit every month from the money that you invest in your OWN ACCOUNT. YOU WILL MAKE PROFIT EVERY MONTHS GUARANTEE if you follow our instruction!!!
Please call 647 972 5500 after 6 pm
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Holy Cannoli!
Sell off continues.
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I think the most important is just to go with a market. Does not matter short or long.
Have you read Greed and Fear Trader? The guy was making absolute killings in the fall of 2008 when stocks were falling. Had kind of $100 K-$1 million days one after another.
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Yep, this looks nice. I like trend lines breaks. Set trend line of my own, but had to leave before it got broken.
Talking heads on CNN beg people to keep their cool and consider their long positions as investment.
Guys got family to feed.
Can you imagine people staying long with such drop?
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[quote]TheOracle posted:
[quote]Chikot posted:
[quote]TheOracle posted:
I have the miniDown chart always open Chikot because i plan to trade it in the future, and if you look at today's bar it is pretty scary!
Big red bar like that, ending down there with not much willing to retrace. Scary stuff! I bet some serious algorithms got triggered.
Thankfully i trade a day at the time and i don't need/care to figure out what comes next[lol]
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I have just opened S&P500 daily. Holy shit!
it' s down $200 in the past 8 trading.
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Told you boss! Scary stuff![eek]
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