Thanks for your words bob, and srry your week hasn’t went according to plan.
As regards rebuilding my account, it may be a strange thing to say, but I am now getting the feeling, for the first time in a long time ( and I hope I am not tempting fate by saying this ) that I can see the START line again. If I ever make it back to the $400 point again, I will be very proud of myself, but view it only as the beginning.
I have said many times on this thread bob, that I have been lucky enough to have been joined by some wonderful people. One or two of them have taught me things, or just been there to listen to my complaints and I give them as much credit for me getting to this point as I give myself.
And especially when you consider, that at the end of the day, we have all really only met on a forum site, I give those people immense respect for helping me the way they have.
Anyway, I’m rabbling on again.
Did have $300 as my Xmas target. May raise the bar a little. But to be honest no big hard push now. As long as I get to that target for Xmas I will still see the last few months as a success.
Ummm… thank you Fed and other global CBs I guess. Just got 150 pips in 5 mins there after entering a long at 1.33 about 15 mins ago. That was a lucky, lucky win.
I’ll add a further Bingo, Bango, Bongo - I was short USD/CAD, it had been stalled, up but stalled, and suddenly it hit TP in a matter of moments for a 4% win. Phew!
I have cancelled a separate order I had on another Pair, though - think I will just keep my head down this afternoon, now, and watch from the sidelines. Good that we all seem to have picked the right direction.
Well I don’t know ST… no school run and ever one for pushing his luck… I’m pretty sure on EU at least 3500 is the ceiling at least on my set up? I might just try a short when PA retests.
EDIT: Yeh its worth a shot… short at 3475 with a tight stop at the high. I know, I know… LOL
LOL indeed. Yes, no school run - have spent chunks of the day building marble runs, adjudicating robot wars (how is that possible with only one robot in the household?!) and bidding for old cars I don’t really need on Ebay… had seen this as a day off as the kids are around and Mrs Templar is having a tough time of it at work (the axe is being wielded pretty freely, 250 staff went in London office last week and more today around the world, although Mrs T is surviving it is not fun and makes for a fluid situation), so I thought I would just take a gentle end of day trade that didn’t need hand-holding today. So I’ll take my 4% and be very glad of it, as I didn’t expect it until week end.
Viz your 1.3475 Short - looks good to me, if I had to bet I would say that you have picked the top… but you know me, I’m a boringly dull, mechanical setup trader at heart, so I won’t trade this move any more. Happy to have it accelerate my existing trades to TP, but these long bars basically eradicate my setups for a while until it all settles down a bit. So it’s a weekend of trying not to buy cars for me…!
Good luck with the trade, though - I’ll be kicking myself when you have a 12% day and I just have a 4%!
I know what you mean. There were some beautifully smooth charts, both trending and ranging, in February/March, iirc, which were virtually a licence to print money. Now it is all a lot more ‘exciting’, but trickier to make money from. I’d rather have boring any day of the week. One can make life exciting with the proceeds - the charts are best left boringly predictable lol.
Hi, we don’t overlap as much, recently, as HappyPip seems to have cooled on the Comdoll thread, but just wanted to say that I echo all of that that you have just said.
And I know you know this, but don’t sweat the losses - I lost 6% in three days a few weeks ago, felt a little blue, but still nicely up on the month. It’s still a little choppy at the moment, and if you have had a good month then it’s all looking good for the future.
My coach used to say that a loss is simply an investment in future market liquidity!!
You are correct ST but I do love days like this. Its how I tend to make the most money. Jump in and grabbing the bull by its horns. Risky as you are wide open to get killed but fun and very rewarding as long as the horns of the bull run to take you down. However pretty easy to predict where tops are comming on move like this. Just to bad it happened now when I cant trade it. Something told me to call in sick to work today lol ohwell. Wish you wife luck thats never a fun day at the office. I have been through that many times here and luckly survived.
Marbles and robot wars! LOL A tad higher than expected… I guess there were the predictable stops there… still in. On the flip side… if it hit 3566 it would have triggered TP2 on my weekly trade!
Even the beginning of this week was beautiful on EU.
The other issue is with all this meetings on the side etc etc, you cant plan your trades around them.
Unless of cause we buy on faith since all these meetings ever achieve is endless feel good announcement on how so and so or this and that institution / country / central bank / leader are going to do all they can to address the issues.
It makes the market spike up on husk and nothing more.
Just to have things go back to the same or become even worst.