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"Just Oil"

Chikot
Nov 15 2012 at 20:50
2299 posts
ok, first day 1H trading gone. a bit up, lots of trades. conclusion, not to enter trades overnight and pick some 10-12 majors to watch them all the time and trade only them,. otherwise it mess. I am not a bot so missed entries on jpy pairs cause I slept.
stopped on e/u. let's see what it will be doing. a lot of opportunities might be here. I wonder if those bad Jpy news are enough to break this month highs...

Chikot
Nov 16 2012 at 07:54
2299 posts
went short on e/u again. rejection from 1.2800 and behavior of other eur pairs. not very good entries but I would hate to miss if trend takes off without me.
shorted e/j and a/j. a speculative trades. shorted chf/jpy too but decided it was too much of a good thing and closed it. 2% risk on speculation is enough. the reasons of shorting are following. On bad news price still failed to break previous highs. pin bar for aud/jpy and lower high for both pairs too on smaller TFs. failure to break on after news the most important reason and strong levels of course. stops in place. if I get into some pips will move stops to BE. downside potential is good if I am right.

Chikot
Nov 16 2012 at 17:37
2299 posts
I closed all trades. call it spookiness but noticing what was going on, most probably happy talks in Washington I decided to go flat for now.

XharpScalper
Nov 16 2012 at 17:41
285 posts
nice thread ,

you trade gold also ?

Chikot
Nov 16 2012 at 17:48
2299 posts
Thank you. No, I do not trade gold, do you? Never seen how it moves. I am looking for currencies trends.

XharpScalper
Nov 17 2012 at 05:01
285 posts
Chikot posted:
Thank you. No, I do not trade gold, do you? Never seen how it moves. I am looking for currencies trends.


No i don't have strategy for gold but i do observe its movements and correlations , Friday was strange day for gold.

Chikot
Nov 17 2012 at 09:26
2299 posts
No, I am not watching gold. what was strange about gold moves?



Chikot
Nov 17 2012 at 09:27
2299 posts
I am watching ES (s$p500 e-minis). this is what made me check up on my currency trades. there suddenly was 17-18 points move in half an hour which is abnormal. this week volatility was crazy have not seen it yet and seeing what was going on with my currency trades I closed them all.
I am going to possibly reopen few trades I have been in after I see what will be happening on Sunday/ Monday. On few pairs price is close to my entries so it will not cost me much.
I will most probably make small changes.

Chikot
Nov 17 2012 at 09:32
2299 posts
Generally speaking considering how good I am most of the time with entries which my consistent floating profit shows it is simply crazy I am not making money. Considering what i see I think some changes are due along trend following.

Chikot
Nov 18 2012 at 10:25
2299 posts
I need to put this last piece of puzzle to make things work. Profit taking part. I have had profit taking rule, but it doe snot work in current circumstances which can last a long time. I remember that once e/u for example was spiking and ranging for some 6-7 months on my memory. There is no trends now which I can call trends and which trigger my trailing based upon my rules. Need to adjust. Imagine what damage can be done to account in such period of trend not developing if profits are not taken. I need something that works always. and it seems I have got solution. whether it is solution or not I will see quite soon. So far I need to see how markets will open and PA over Sunday/ Monday overnight.

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