Recent content by jonathan734

  1. J

    My terrible option trade

    Yes yes yes I knew better. Just like the title says, terrible option trade...
  2. J

    My terrible option trade

    lol I thought this might stir some people. I am not necessarily saying this companies will go down long term, just the way I viewed the charts they would go down over night. I was right about GS, horribly wrong about AAPL. Serves me right for making a trade purely off the charts, I am taking my...
  3. J

    My terrible option trade

    So I am just posting this as an example to others that may or may not enter positions without doing their homework. I have had a great last two weeks, desperate to continue with my streak I was looking at GS and AAPL for a short term put (overnight). So without even looking to make sure there...
  4. J

    My forex chart for the day

    Thanks speres, I appreciate the help.
  5. J

    My forex chart for the day

    What do you mean supply line? Was that some news that came out? Keep in mind I am a total noob at forex. There are 4 trades there, the first 3 made me 15 pips, the last one I sold out with a 1 pip gain. On the last trade, what could have been an indication that the market was about to make a...
  6. J

    My forex chart for the day

    Fair enough, I usually have a momentum indicator at the bottom, but I heavily rely on support and resistance. So would you say that the winners I have gotten have been beginners luck? AReaGannTrader, what do you mean by bracket it?
  7. J

    My forex chart for the day

    I am attaching a 5 min chart of the Eur/Usd. I wrote on them where my entry and exit for the trade was. I had already made a few other successful trades for the day and didn't want to lose anything so I exited, mainly because my 20/40 moving avgs crossed. I was hoping someone else could have...
  8. J

    Stops

    I just started doing that last night. Seems to work ok, but haven't really put it to the test. I appreciate all the replies. So what kind of differences am I looking at between this practice account and a real account? I know the mental aspect will be much different. My practice account is with...
  9. J

    Stops

    I appreciate the insight. What kind of time frame do you usually trade on? I like to be in and out in 15 min or so, is that a losing battle? I only like to make 2-4 trades a day though. 50 pips seems like a lot of wiggle room and on my time frames I am not sure that I could get out 100pip gains...
  10. J

    Stops

    To start off my question I will just say that I already searched and couldn't find my answer, if someone can point me to a thread that could help I would be glad to read it. I just started trading forex about 2 weeks ago, and was wondering what most of you guys/gals use for stops? I tried 10...
  11. J

    Obama And The New Auto Regulations

    Lol, that was pretty good. Luckily I do have a real home. My truck is hooked up to a roughly 6000lb trailer of concrete forms most of the time. I don't think an Escape would quite do the job, and I don't consider it a full size truck. I am all for fuel efficiency, but lets see it in some...
  12. J

    Obama And The New Auto Regulations

    Too bad the Escape Hybrid couldn't pull a real trailer to save its life.
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