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Gentlemen;
I am indeed pleased for both of you. After some recent confidence issues, we stride out on to trading park and blast those pips in to the tin.
Bloom once upon a time I was indeed a keen mountain bike racer; alas beer and old age have taken there toll. So now I just watch the cycling on EuroSport with a can of Red Bull in one hand (and a vodka in the other).
Lets remember the discipline and focus. Pips are not easily collected and we don't want you giving any back now.
Today was a little return for me. I had a sniff of Dow Jones and closed +68 (well spotted Master Monkey), and +30 on the FTSE a cheeky short. I then took a little time to do the ironing. Pretty glamorous.
I came back out to play and grabbed the Dow by his curlies at the open and snaffled 80 more and decided with a bit of money back in the account to go play with the Prince of Darkness. Thank you +50 and could have had more but after yesterdays fiasco decided that was a fair return. My favourite trade was later and I managed another +43 (Dow 9191 short to 9148).
Read all about it - Hats Off to the Rabbit; Welsh Rarebit totally creamed Cable. Well done Bunny....A most outstanding piece of trading. Not only did you call cable down correctly and to the mark; you also did the same with e/u. I had a little play and managed +12 Cable short something I rarely play with.
Score on the door +203.
The Bouncy Bunny pulped that score by some way.
Bill you need a hobby - and one that does not allow you to come sneaking back when you said you were done for the day. Your getting like Uncle Pimp and if you keep it up I think we'll be getting you some spandex speedos.......
Just a little post to say I've been getting the discipline under control, albeit slowly. Many thanks goes to Rockdrive.
Bagged +38 by 8:30am this morning and was left wondering what to do with the rest of the day. My target is +25. So, I snook in later and grabbed a few more to finish +60.
From this week, I've started trading 7-9pm UK time. I'm treating it as another day and only plan doing it in the short term, until the compounding on my account really kicks in (see here:http://www.forex-tsd.com/231888-post848.html).
That's it for now. I'll keep you updated.
So, after taking +30 on Monday night, I came to the PC at 7 last night (Tuesday). There were no decent set ups. "Thinking" I saw one, I traded anyway, giving 18 pips back. I had the good sense, only then, to shut down by 8 and call it a night. Something I should have done at 7pm. Lesson learnt.
Thanks for the advice Bloom and Rockdrive. Believe it or not. I went for a long fast paced walk in the afternoon and was seriously thinking of buying a bike as a hobby. I'll get back to you on that one.
I'm a bit late today due to traffic control issues but will try to identify a cheek opportunity for you.
Dollar is looking very strong indeed with rumours of the U.S housing market stabalising.
This has seen Gold and Crude continue the downward spiral along with Cable and Euro
What interests me is a potential little 100 pip pullback from 1.6300 to 1.6400 or so in cable.
It's fallen 1000 pips in two days and must pullback at some point.
We missed the break and so got in at 1.6308 with a 1st target of 163.76 then collect part portion and let the rest run another 50 or so.
More as it happens.
F$X$P
__________________ I'm now sending trading notes out twice a day with videos too. Have a look HERE.
There's one set at 6:30 UK time for London and one at 12:00 for U.S session, plus I will send a summary video after each session
Is the room back open!! I did not get notice, the fxmonkeychat has been down and I have been watching for it to be back up. Is it now??
thanks!!
Brian
Hi Brian.
Yep the chat is online. Send me an email and I will set it up for you.
Cheers.
__________________ I'm now sending trading notes out twice a day with videos too. Have a look HERE.
There's one set at 6:30 UK time for London and one at 12:00 for U.S session, plus I will send a summary video after each session
So, after taking +30 on Monday night, I came to the PC at 7 last night (Tuesday). There were no decent set ups. "Thinking" I saw one, I traded anyway, giving 18 pips back. I had the good sense, only then, to shut down by 8 and call it a night. Something I should have done at 7pm. Lesson learnt.
Thanks for the advice Bloom and Rockdrive. Believe it or not. I went for a long fast paced walk in the afternoon and was seriously thinking of buying a bike as a hobby. I'll get back to you on that one.
I was up at 6am today. By 9 I hadn't taken any trades, well disciplined.
So I took a break for about half an hour. By 11:30 I'm +54 thanks to DAX and FTSE.
No bike yet, Bloom, Rockdrive, but I'm off for a walk.
Had a strange day today. It must be the other side in the psychological aspect to trading, when you are getting the trades right. I have really rebuilt my confidence (and account) over the last 10 days. Today I couldn't face losing, so kept bringing my SL in too BE then getting stopped out. I couldn't even place the SL at a sensible place if the trade went my way, even if it meant a loss of -10 pips, and I called Pimp tight!! Dow and Dax were both trades that ran on after I got stopped out. Any other day and I would be up 100 pips but after 5 trades I was BE. Then Rock told me to go, I should have gone, but took a punt on the Dow: -40.
Chilling with a beer now, which is what I should have done mid-afternoon.
Bloom;
It was a strange day - glad to hear you are coming back to form. You are talking to the man that cut his FTSE trade at 4182 for +2 pips; last time I looked it was at 3900 ish.....nevermind.......always tomorrow.
I too missed some trades today - I was following the Dow like a junkie and when the time come, I managed to get myself distracted (doing familiy stuff - it is half term) and the moment came and went. Only two trades so I don't feel too bad - just 150 pips and 100 pips respectively. Hey ho.....
Got a nice Chateau Neuf going on, some back to drinking.
I was up at 6am today. By 9 I hadn't taken any trades, well disciplined.
So I took a break for about half an hour. By 11:30 I'm +54 thanks to DAX and FTSE.
No bike yet, Bloom, Rockdrive, but I'm off for a walk.
Hey Bill
Shot & sweet visit to the chat room tonight:
Hi
Dax + X pips
Cable + Y pips
I'm done
good night....
proves your new approach works to me
I took a short cable tade just after you left, closed @ + 44 - first win of the day for me.
I'm going to adopt the new Bill approach too, honest
Linear Mode
