Without blowing smoke up your ass Yunny (by the way I found out a few weeks ago they really did that in the eighteen hundreds to revive poeple) your one of the top traders on BP… some great trades. Actually, I think we have both set our TP’s conservatively… there’s more room to the downside. But hey… take a portion of a move for 1-2% and out! Componding takes care of the rest. Good hunting Yunny as always! :35:
Alas me hearty’s, lost out on the long. Replaced it with a short EU from 1-3590. Target 1-3560
That worries me on so many different levels it’s unnerving. First of all, who came up with that idea? Secondly, HOW did they discover it in the first place? And thirdly, if your job was “the smoke blower” did you get paid danger money and did your wife ever kiss you after you got the job??
Thanks R_Carter, lately I am learning more about statistical trading… Gaussian distribution, standard deviation, volatility and so forth
I am trying to build a new strategy with that and my limited knowledge of PA formations, S/R, chart patterns… 
so far it is giving me a pretty good edge in my trading…
Happy trading to you too
Hello yunny, have you got any good resources for learning about statistical analysis? It’s something I’ve been interested in, but so far most of my resources have been kind of vague.
LOL!!! It was on QI… apparently the first time it was used was to save a drowning woman… quite why and how this was deam’t up I’ll leave to your imagination. However, she recoverd and it caught on. One guy used a tube and another stood by with a pipe to fuel the tube. Ahem… anyways enough of that! This is WAY off topic. Just like to add a footnote, I hate the Asian… obviously were into accumulation? But who’s doing the accumulating? LOL
EDIT: Still doggedly short.
after the rejection from 1.3578 small support I closed the trade at 1.3595 for a 12 pip profit… I will look to sell again around 1.3530…
Now I am reading Evidence-Based Technical Analysis: Applying the Scientific Method and Statistical Inference to Trading Signals
I hate Asian for the same reasons. Unless we are so sure of our own analysis and the chart formation is not as cluttered as it is, its not worth trading Asian session PA formations.
Indeed! Usually wait for London. 10-15 pips is ok… not knocking the shorter TF traders, but it plays mind games with higher TF traders looking at that mountain of possibility? LOL
Edit: Restored my faith in Asian… reverted to type. Hi should be 1.3653. Hog here’s the link to smoke blowing… never let it be said I don’t post educational info? LOL!!! Blowing Smoke Up One’s Ass - QI, Series 8, Episode 10 Preview - BBC One - YouTube
There’s an obvious urge to say that this is mind blowing stuff, but that would be the wrong end of the body entirely !!
ST
Hope the Chatsworths and the Hobgoblins treated you well last night. Oscar acceptance speech for post 1000 now written and sitting patiently on the hard drive. May have been better going for Moves Like Jagger after all, it would have been somewhere in the region of 1700 words shorter !!
Also went short EU this morning at 1-3644. We’ll see how that goes.
Apart from that, welcome to the last day of the trading week to one and all. I hope it treats you well !!
HoG
HoG & Buckscoder, am being knocked out by a nasty flu. Will come back and reply to your comments as soon as I can handle screen time again!
Cheers!
solohayuna
JUst as long as you don’t need revived at any point. R Carter has unearthed a method of doing that which will please neither of us LOL !!
Booker prize surely hog? That trade looks solid!
Buckcoder! 
Went long. No seriously not in the Asian. I said it’s too scrambled so I went to the sidelines. But now I’m loooooong. More precisely: My bot. 
heh I would have went long at 1.3630, but missed my chance because I had to do some work 30 minutes before the last candle opened (1H chart) and by the time I got back to my pc it was past .3650. Maybe I should have entered anyways, some nut told me that it’s going to hit 1.3800 by the end of today. He’s completely convinced, but won’t say why :33:
I love the smell of pips in the afternoon. 
Now it squeezed out the few last pipettes as well. 
Oh, seems there were a couple of stops there above 137?
Holy smokes, that guy might end up being right. I’ve now got another missed trade to put in my long book of missed trades because of work.
@ 13820 around you can go try a short, imho.
Blowing smoke up your xxxx? Oh my, no wonder you are going to lose if you do such “neat” stuff. LOL!