Would i be right in saying at the moment that US bond prices and Fiber are positively correlated which is the opposite of what it normally does and if this is right would it help predict scalps in Fiber
Any thoughts please
Hey guys hope youāre all well!
Just an update - If anyone remembers I was down on my account last month (had lost 5% in 2 days taking nasty trades). Iām now up 4% as of today!
So far so good, going to trade at this amount for another month or so and then increase my equity and go from there. Iām proud of the 9% gain (6% just this week, no trades tomorrow for me) mainly Ƨuz of excellent MM, discretion and discipline on my part (and alot of luck lol)ā¦also the fact that the market hasnāt been easy to read.
Hope youāre all kicking butt I can see peterma and ibepippin are doin well keep it up 
Anyone who says trading isnt boring is an action junkie that just gets in the market. Iāve been waiting for my setup for 3 days. And hour every day LO. Iāve decided to change things up and now go to bed earlier and get less sleep to get up during NYO. Today alone Iāve been waiting for 4 hours. Just watching price bounce around.
[QUOTE=āTansen;493474ā]
<img src=ā301 Moved Permanentlyā/>
I drew this one boring office day[/QUOTE]
Does that guy have cancerā¦? He lost about 75 lbs over the course of his trade.
Nah just starved to death waiting, forever waitingā¦
Todays WW in action + top div + profit taking at 79%
I think at these times itās just best to follow the big guys - I am only looking at longs until we reach 3060 - then everyone will be going long.
I only looked at fibre today, looking now at eur/gbp - still convinced re the 86 level
I suspect fibre may drop back to 2920ish for another push up - see how it rose today regardless of news - price was only going to go one way.
The only possible hitch in my analysis is NYO tomorrow, but itās going to have to be really strong.
Just a heads up in case you have set orders - some volatility at an unusual time - Draghi giving one of his inspired speeches in about a 30 mins (was supposed to be at 8.30pm our time) - I am mindful of his attempts to talk down the euro in the recent past.
Hi guys,
a bit of fib trading today. itās days like this i feel the market maker is really a cool guy
gbpjpy trades, i choose this pair when i can because it moves, there is a swing with fibs and i noticed the bounce and range sitting on the 62 retrace. Thrust up into 50 retrace, i go long. exit at 38.2, reentry below 38 for what looked like the next leg up at the time, hits my stop at the 50 level. ok, no problem, then it goes into the real next leg up, 'm back in, and later exited where i didā¦ i canāt really explain what made me exit there. but the entries are just fib and s/r entries.
pip result before nyo was 39-25+87=101 minus 4 in commissions. i suppose i like this setup because it shows how one has to stalk that entry, and maybe take a loss for a better gain soon!
hey guys, long time no see.
short update: had a nasty drawdown this month, did not stick to my money management plan which got me a drawdown of 5% on one day, followed by a drawdown of 3% the next. 5% daily is too much and 3% after a big loss day is also too much and both are part of my trading plan which i have been working on a lot the last weeks. so yeah, anyway. did not get carried away and got back to being focused and made the 8% back within a week. back in the days i was not able to quickly focus again after such drawdowns, so i think there is some psychological improvement going on (also i upped my account balance last month and am now trading a 4 digit account, which makes the improvement even more substantial in my eyes).
anyways, iām on my way to make this happen. and really the best was to write down a trading plan. i mean i have done that before, but the way i wrote it was different. now i just note some key words, like āasian range > or <40 pipsā, just so i dont forget to check something at my āmorning routineā or before i enter a trade. i have not written down how to combine all the stuff that i should look at regarding to my trading plan, that has to happen in my head. my trading plan is divided into different topics like āmarket environmentā and ātechnicalsā which lead to a trade idea, then āexecutionā, āmoney managementā and ātrade managementā. especially the first two are awesome to have in a written form, because it takes A LOT pressure of your head, so you dont think ādid i forget something?ā. besides the obvious, that you dont forget something, it also leads to a more relaxed and focused state of mind.
ok, thats all. have a nice weekend everyone.
ps.: watch 1.3070-80 on fiber next week if we will get there. sooooooooo much confluences
I think you are doing good on your trades for the past days/weeks and it is really good to share those successes here and it actually proves that you are improving as a trader.
Some people are lucky enough to have confidence on themselves even in trading or in real life and some needs to find it and built it in a hard way. However, you donāt gain confidence by hiding your skills of what you are good at. The way to show or improved your confidence is by showing what your talents are whatever might be (sports, music, academic, etc.). Showing means you show it to people even if it is a stranger, people that you know, family or friends, girlfriends/partners, etc. When you gain their approval and they like what they saw via āComplimentsā then you gain that a little of confidenceā¦
You donāt gain confidence by āhiding in a closetā because if you did no one will see your talentā¦ Same in tradingā¦ Show what you know and accept every little compliment youāve got and use it as a toolā¦ Confidence is in within us. Find away how to build it in every possible wayā¦even posting in Forumsā¦That is what BP site is for
P.S: this is for you too TopFoxx
PipNRoll, you are sweet 
Seeā¦ thatās compliment right there lol Iāll take it. Thanks!
i understand what you are saying. in real life, that might be true. but this is the internet (besides, there are a lot of trolls everywhere so you can never be certain about anything anyways).
i dont want to sound harsh, but i dont care much about other peoples opinions on the net (anymore). you will all hate me, but i am acutally with ak on this one. the need for approval is not going to solve anything. it is my believe that you should focus on yourself, i mean really your inner self and your personality. you should only need the approval of one single person really, and that is yourself.
I understandā¦ Everyone is different and unique either via internet or in real life. AK has a different approached in which I donāt agree (itās a long list, I donāt think you want to know about it ). Some people will agree with him and some will not but you cannot force anyone to be like him or anybody. It is just my view on how to gain self confidence because thatās how it works for me and I have it until today. Though, I make sure that my feet still on the ground and stay humble of whatever success I have had achievedā¦ even if we say this is internet but this is who I am internet or not.
If you have shown confidence in real life, more than anything, you will take it with you everywhere you go because you know how to apply it in any venture that you choose either in business or career internet or not. The main thing is whatever works for you is fine long as you find what it works. No big dealā¦ I guess men and women are wired differently lolā¦Iāll leave it as isā¦
Women might have a slight advantage in trading the markets because they lack this male ego, aka pride, and they are thus more ready to accept defeat, accept that they were wrong, cut the loss and move on.
Funny you mention that because I have had a āfun conversationā a couple months back on how women can be a better traders than menā¦Yes, one of the traits is that we donāt have male egossss lol, we accept defeat, we are not afraid to asked for help if we needed too, and we donāt compare of how much pips/rate of return weāve got and compare it to our male traders in which some male wanted to have the biggest and the coolest pip haul they received. However, not all women can be successful in this business. It does take a very unique personality to survived because of the āroller coasterā emotions that will experience and not a whole lot of women can handle thatā¦ but to those who stayed and focusā¦ (and there I say it) can be better tradersā¦
I am working on it!!!
ā¦
Lol oh it was you?.. I thought soā¦funny!