A Honest journal
Biedrs kopš
2299 ieraksti
Aug 08, 2011 at 22:28
(labots Aug 08, 2011 at 22:31)
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😁
I have just opened S&P500 daily. Holy shit!
it' s down $200 in the past 8 trading days.
Biedrs kopš
175 ieraksti
Aug 08, 2011 at 22:29
Chikot posted:
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😁
I have just opened S&P500 daily. Holy shit!
it' s down $200 in the past 8 trading.
Told you boss! Scary stuff!😲
Forex or bust!
Biedrs kopš
2299 ieraksti
Aug 08, 2011 at 22:33
TheOracle posted:
Chikot posted:
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😁
I have just opened S&P500 daily. Holy shit!
it' s down $200 in the past 8 trading.
Told you boss! Scary stuff!😲
Yep, but FX wise volatility is still a long way to get close to what was going on in August-November 2008.
I started watching FX in August and I saw how market started going down form those tops. That was scary!
Biedrs kopš
175 ieraksti
Aug 08, 2011 at 22:36
(labots Aug 08, 2011 at 22:37)
When this trend line here got broken I had a bad feeling!
<a href='https://www.myfxbook.com/files/TheOracle/miniDown.jpeg' target='_blank'><img src='https://www.myfxbook.com/files/TheOracle/miniDown.jpeg'/></a>
<a href='https://www.myfxbook.com/files/TheOracle/miniDown.jpeg' target='_blank'><img src='https://www.myfxbook.com/files/TheOracle/miniDown.jpeg'/></a>
Pielikumi
Forex or bust!
Biedrs kopš
2299 ieraksti
Aug 08, 2011 at 22:40
(labots Aug 08, 2011 at 22:41)
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?
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?
Biedrs kopš
2299 ieraksti
Aug 08, 2011 at 22:44
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.
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.
Biedrs kopš
175 ieraksti
Aug 08, 2011 at 23:07
Last time price got to 1280 area we were in 'pre-bubble' times. the economy was overheated back than. everybody remembers how people were spending like no tomorrow.
Now what do we have to prop or sustain the Dow on this levels? The market printed 1286 on what? Hot air?
Now what do we have to prop or sustain the Dow on this levels? The market printed 1286 on what? Hot air?
Forex or bust!
Biedrs kopš
2299 ieraksti
Aug 08, 2011 at 23:21
(labots Aug 08, 2011 at 23:21)
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
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
Biedrs kopš
175 ieraksti
Aug 08, 2011 at 23:25
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
LOL! I wonder what his day job is 😁.
Forex or bust!
Biedrs kopš
2299 ieraksti
Aug 08, 2011 at 23:32
You can ask him 😉
It is real phone number.
It is real phone number.
TheOracle posted:
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
LOL! I wonder what his day job is 😁.
Biedrs kopš
2299 ieraksti
Aug 08, 2011 at 23:33
On second thought it must be suckers muncher 😲
Biedrs kopš
51 ieraksti
Aug 09, 2011 at 10:09
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.
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 locate it.
Thanks
Biedrs kopš
2299 ieraksti
Aug 09, 2011 at 10:39
Just google Fear and Greed Trader. you will see it at the top. background of green.
The guy only traded stocks.
The guy only traded stocks.
trader757 posted:
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.
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 locate it.
Thanks
Biedrs kopš
175 ieraksti
Aug 09, 2011 at 13:12
Another hard day here so far!
My first trade @4205 just like yesterday was stopped for a few pips before the market took off.
Second trade still open from the triple top on 4283 still open currently @ +24 . Bumpy road on this one I may take my profits if things come back against me.
My first trade @4205 just like yesterday was stopped for a few pips before the market took off.
Second trade still open from the triple top on 4283 still open currently @ +24 . Bumpy road on this one I may take my profits if things come back against me.
Forex or bust!
Biedrs kopš
2299 ieraksti
Aug 09, 2011 at 13:18
Yes, it is very hard to trade considering volatility. 5-15 min candles of more than 200 pips. I wish I had smaller position available than $0.01. so far staying flat.
I have checked E/U. It is very choppy. Hard to trade.
I have checked E/U. It is very choppy. Hard to trade.
Biedrs kopš
175 ieraksti
Aug 09, 2011 at 14:02
I did not get out in that last attempt down because of lack of specific exit signal. Now I'm wondering if I took the right decision.
Currently @ +30
Currently @ +30
Forex or bust!
Biedrs kopš
556 ieraksti
Aug 09, 2011 at 14:31
Chikot posted:
I have checked E/U. It is very choppy. Hard to trade.
It must be preparing for a big move - I'm waiting for it to happen, then catch the ride on a retrace. Maybe today's FOMC will make it break out of its range.
Biedrs kopš
2299 ieraksti
Aug 09, 2011 at 14:47
James_Bond posted:
Chikot posted:
I have checked E/U. It is very choppy. Hard to trade.
It must be preparing for a big move - I'm waiting for it to happen, then catch the ride on a retrace. Maybe today's FOMC will make it break out of its range.
Yes, as it usually does.
So is oil. Gotta go somewhere. testing upper trend line at the moment.
Biedrs kopš
175 ieraksti
Aug 09, 2011 at 15:05
Ok out for +75😁! Patience payed at the end, what a bumpy road!
Lets see. -60 and+75 puts me right at +15 😕 still a long way to my weekly goal.
Lets see. -60 and+75 puts me right at +15 😕 still a long way to my weekly goal.
Forex or bust!
Biedrs kopš
175 ieraksti
Aug 09, 2011 at 16:49
(labots Aug 09, 2011 at 16:49)
2 losers yesterday, 1 loser,1 winner today, if I keep in this pace I may have 2 winners tomorrow 😁 !
I'm behind on my 20 pips per day goal, but at least I'm again in profit. I'm closing my charts now and going to my remodeling project. I'm behind on it also so my goal of starting trading in my new office by the middle of the month is not going to happen.
I can't trade properly without focus so i have to finish this darn office.The problem is that if I get to hard on myself I get tired and can't trade next day. I'm going through transition times and having to fine tune everything so it gets done is tough.
I'm behind on my 20 pips per day goal, but at least I'm again in profit. I'm closing my charts now and going to my remodeling project. I'm behind on it also so my goal of starting trading in my new office by the middle of the month is not going to happen.
I can't trade properly without focus so i have to finish this darn office.The problem is that if I get to hard on myself I get tired and can't trade next day. I'm going through transition times and having to fine tune everything so it gets done is tough.
Forex or bust!
