I"m with you RC… I think we’ll need to get back to 1.3480 myself before we see 1.3100… now if only I could get the market to listen… you and I would have a kick Azz week coming up!
Jay
Weekly placed at 3227… we’ll see.
EDIT: SL 3131… TP1 3425, TP2 3566.
Now we have a 9 td seq on h4. Anyways, chicken that I am I’ll at least wait til Sunday with a “serious” trade. HoG could be right. There is still a little room til the beta -2 on the daily. On the other hand there is also a heavy demand from last year. Plus then what would traders do next week with that hammered price? :33:
First of all, confession time. Had to Google the ‘Catalan Dragons’. I’m afraid RC that any sport that doesn’t have the word ‘GOLF’, or in fact has more than the word ‘GOLF’ in the title, is a complete mystery to me. Did they win? Glad the journey went well anyway.
Secondly, “300 pips” I suppose isn’t strictly true. Micro account is 10 cents a pip as I’ve said before, so since my account started the week around $197 and now stands at $225, the gain works out at around 300 pips (280 in fact) if you see what I mean. However, since I’m now trading 2 lots, sometimes 3, sometimes scalp a 4 lot for 5 pips (with an extremely tight stop) it’s difficult to say exactly how many pips I actually got this week, especially since I had a couple of small losers in amongst it all.
But I entered 300 pips, as I said, as this was roughly the monetary value of my gain. Apologies if I made it sound more impresive than it actually was.
Didn’t trade at all today, didn’t even look at price movement on my phone the whole day to be honest. As much as I do enjoy trading, sometimes it’s nice just not to.
Hope everyone has a good weekend.
HoG
It’s funny you should say that PipBandit. I sometimes wonder If I am the biggest challenge I face in learning to trade. Isn’t it strange sometimes when you see something on a chart, and you know it’s telling you one thing, but then you start to think about it too much, and before you know what’s happened, you’ve decided to go the other way entirely?
I’ve said before, that when I first started I laughed at the mere mention of “Trading Psychology”. And yet now, the more I get into trading, the more I realise what a huge role it actually plays in the whole process.
It’s very easy for “professionals” to say you should trade without emotion. But we are human beings, and emotions are supposed to be the things that seperate us from the animals (or is that getting drunk and doing silly dances to ABBA songs at weddings that does that? I’m never sure !)
Anyway, just thought I’d say it was an interesting point.
Don’t know yet Hog… Saturday will reveal all. Hmm… Golf, heard of that… is it where some middle aged slightly portly guy with a lued colour sence of dress swings a batt taken from the trunk of his 3m BMW? LOL!!! JUST KIDDING! I have alot of very influencial freinds who play and must confess… if you want a pristine 18 hole course ploughed into a field… I’m your MAN! Nah… Rugby’s my game… if you don’t come off the field in a body bag you’ve not played! LOL!!!
I laugh at noobs who laugh at trading psychology!
But yea… you can see some of my own struggles with it here:
Not every page is insightful…but some are… and it just goes to show even at least some full time guys struggle with different aspects of this.
Jay
You’ve seen me then !!! (minus the BMW part) Actually watched an interview with Robin Williams (of Mork and Mindy fame) years ago in which he says the only reason so many white guys like golf is because it is the only chance they get to dress like a black pimp. Hard to argue with that really !
Have to be honest and say i could never get into rugby. Probably the whole body bag mentality has a lot to do with that LOL! Just in the same way a lot of people probably look at golf and think it’s a waste of time (strange people that is) I look at guys murdering each other on the rugby pitch and ask, “why in the name of God would you?” Guess they’re just tougher than me.
Anyway, must dash, need to iron my pink slacks for tomorrow’s game. Wouldn’t do to turn up on the first tee with creased pink slacks LOL !! :18:
Hope your team wins. Imagine those boys playing in pink slacks and trying not to get them creased !!
70 pips over the weekend. Chicken, but not chicken enough, lol. Now I’m glad my broker opens earlier and with a nice spread of just 1 pips. 
Ahem… 103! LOL… I’ll let you know how the weekly plays out! 
Well done you boys for getting the week off to a good start.
How did the rugby go RC ?
Ahem… what Rugby? LOL… Lost by 6 points but its a long weekend so plenty of cheap wine to mask the pain!
Sorry to hear that. We didn’t get any golf today because Scotland had an entire millenium’s worth of rain on Saturday. Pink slacks back in the cupboard for another week LOL !!!
just took 3 lots from 1-3308 to 1-3318. I know it ain’t as impressive as you guys buy it’s in the right direction. Equivalent of +30 for the collection ! :19:
Pink slacks in Glasgow? FX trading is gonna come easy to you Hog… I wouldn’t have taken either on… I think you should change your handle to ‘titainium balls’. Well played Sir!
Oh Jesus H no !! I don’t WEAR the pink slacks in Glasgow !! That would be nothing short of suicide. I sneak them out in a bag, then drive 60 miles to Perth to play golf.
Pink slacks in Glasgow? That’s just crazy talk man LOL !!
Just stuck a selection of “trousers to wear at the rugby” up over at the pub RC. Let me know what you think when you get a chance.
Dude… Perth is like 10,000 miles away…
You sure you’re counting those pips right?
Or did a beating from wearing those pink pleats get to your head?
No Tang, I’m talking about the REAL Perth. The Scottish one. The one that has been called Perth since the late 19th Century. The one that has had a settlement since prehistoric times.
This is not to be confused with the one a few prisoners built 20 minutes ago !
I get it…
I’ll stop with the jokes. They are lost in text.