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A Honest journal
ใน
นักเทรดที่มีประสบการณ์
Jul 28, 2011 at 17:01
I have to study better how FXbook does it Chikot. They claim a "read only" access to your account but i have my doubts about it being exploited by hackers or something.If I do it will probably be when I start trading full time again. For now I'm in transition mode.
A Honest journal
ใน
นักเทรดที่มีประสบการณ์
Jul 28, 2011 at 16:40
Ok, closing the trade for +43 😁 Up for the day and my week also looking very good.See you guys tomorrow!
A Honest journal
ใน
นักเทรดที่มีประสบการณ์
Jul 28, 2011 at 14:22
Nice trade long from 1.4260. As price failed to break it, i took a trade and had almost no draw down. Little bumpy road after that but, hey, right now I'm sitting at +40 😀
A Honest journal
ใน
นักเทรดที่มีประสบการณ์
Jul 28, 2011 at 12:53
If you see things as a probability things start to get better.A trend line is a probability.A indicator is a probability.Nothing is for sure. If you trade based in this principle you have a chance to make it.
A Honest journal
ใน
นักเทรดที่มีประสบการณ์
Jul 28, 2011 at 12:38
I don't consider myself a scalper chikot. When you are a day trader you get what your day gives you. Sometimes it comes in little chunks sometimes you get the main movement all in one piece. It depends.
A Honest journal
ใน
นักเทรดที่มีประสบการณ์
Jul 28, 2011 at 11:40
I trade technically Chikot but big fundamental things can't be disregarded. If the debt issue goes south IMHO people will freak out and sell stocks meaning going to cash, meaning demand for dollars, meaning E/U going down.Than if things don't get reorganized quick, people will park all that money on gold and silver.If the politicians get to agree on something and the fears are muffed than people will jump or riskier stuff again and the pair will go back up.
A Honest journal
ใน
นักเทรดที่มีประสบการณ์
Jul 28, 2011 at 11:08
Out for +20 if price does not break the top of the small channel quick it means that momentum is weak.
A Honest journal
ใน
นักเทรดที่มีประสบการณ์
Jul 28, 2011 at 10:52
Took a long at the retest of 4270. Going long after a steep down move like this is riskier but when you have a signal you have a signal.Currently up 20 pips and if price comes down again I'm closing for +5 no BE on this one.
A Honest journal
ใน
นักเทรดที่มีประสบการณ์
Jul 28, 2011 at 10:26
Woke up late today, just to see that E/U tanked. Adding the mess i did yesterday it makes me get to the conclusion that I'm not trading professionally at all.Well till mid August it will be like that due to parallel activities that I can't avoid.It seems that the main movement is gone, lets see If i will be able to trade at all today or not.
A Honest journal
ใน
นักเทรดที่มีประสบการณ์
Jul 27, 2011 at 18:30
I trade on multiple time frames Steve but my triggers are on the 1 min.
From ForexFactory to myFXbook
ใน
ทั่วไป
Jul 27, 2011 at 16:27
I believe we are around the middle of this crisis. One more leg down than we go to a long recovery. Sort of what happened with Japan.The first millennium decade will be our lost decade.The next crisis after this one with a world currency and everything interconnected should be the last one IMHO !
A Honest journal
ใน
นักเทรดที่มีประสบการณ์
Jul 27, 2011 at 16:08
Gosh! Thats why i find parallel activities incompatible with Forex trading.Usually when I'm doing my remodeling I turn my computer off. Today I left it on while working. Came here on the triple bottom @ 1.4440 and decided to try a long.Price went immediately in my favor and at some point I was +30. Than I went back to work ( hoping for 1.45) and lost track of time.Came back right now to see that my -15 stop loss was triggered.Darn! Will I ever learn? Trading is trading, if I can't dedicate 100% of the time to it it is better to turn the computer off.
A Honest journal
ใน
นักเทรดที่มีประสบการณ์
Jul 27, 2011 at 12:22
I'm getting out now for +33. First because i got the same signal to get out now on the opposite direction so lets not be greedy.Second because I have to work on my remodeling. I need this office ready ASAP, since I'm up for the day/week let me take advantage of it and put extra work hours on my garage 😀
A Honest journal
ใน
นักเทรดที่มีประสบการณ์
Jul 27, 2011 at 11:48
Price went against me! The trade that was +33 at one point I had to close for -10, I guess I was a little greedy on this one since @+30 I got a signal to get out. yesterday i closed out my trades prematurely so I'm a little biased today.I'm short now from 1.4472 currently around +20 if it goes against me again I will close for +5 or so.
From ForexFactory to myFXbook
ใน
ทั่วไป
Jul 27, 2011 at 09:52
I was thinking about this last video and I don't get their point. They blame the FED for messing up the economy and they want the government to print "debt free money" so we pay no interest to the bankers.Thats all beautiful and nice theoretically.Now if they really get what they want we will suddenly find the power of printing money in the hands of people like Barney Frank.Do you really want that?I understand that the FED is after their own interest not yours or mine but let me ask again.Is the congress any better?Abolishing the FED would just give it another name and maybe for...
A Honest journal
ใน
นักเทรดที่มีประสบการณ์
Jul 27, 2011 at 09:39
Thanks to a more normal Asian session I'm already +25 on the triple failed test of 1.4470 😁
A Honest journal
ใน
นักเทรดที่มีประสบการณ์
Jul 26, 2011 at 15:09
Thanks again Steve I know you are trying to help 😀
A Honest journal
ใน
นักเทรดที่มีประสบการณ์
Jul 26, 2011 at 15:07
Ok I'm out for 33 pips because at this time of the day my house is just too noise for trading. I used to like school vacation time 😁 !19 pips yesterday plus 33 today puts me well in line with my weekly goal. Lets see what tomorrow brings.
A Honest journal
ใน
นักเทรดที่มีประสบการณ์
Jul 26, 2011 at 14:59
Hey Steve thanks for the advice but I'm in this business long enough to know that in Forex there is no one size fits all approach. If EA works for you ( and I believe it does) go for it. In my case I already found my niche and I just need time. I also tried everything I was aware of in these 4 years. I'm doing pretty good last 6 or 8 months (pip wise) and days like today are part of the game.Chikot I see what you are talking about but my system is essentially for day trading. My trend lines die with the day.I managed to get the second failed attempt @ 1.4455 currently +30 patience does...
A Honest journal
ใน
นักเทรดที่มีประสบการณ์
Jul 26, 2011 at 11:30
Still no trades. Sitting on my hands here! With this big move in Asia, London and NY will play safe and what is supposed to be the most active session behaves like Asia.I'm not making money but at least not losing.
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