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Good luck to you too. Oil's losing it!!!!

Oil started going down. Bonds sideways maybe a downward trend. EurUsd is back under the short-term downward trendline. This might the beginning of an intraday downward trend for EurUsd. I'm betting on the short side now. Chinook Edit. Maybe this is a false alarm. Perhaps, it's a good...

I made couple of profitable range trades then played the breakout of the trendline. That trade got busted. I'm trying to squeeze ticks from the current micro moves. It looks like a wedge is forming with the flat side around 1.21 and the upward sloping side around 1.2090 now. I wouldn't be...

I'm expecting the trendline to be broken later today. 1.2080-1.2100 is the range I'll play in for a while--long side only...Bonds are still up. Chinook

The trendline in the picture is capping the EurUsd upside so far. Chinook

I was wondering why coinz wasn't posting in other threads. His status is "banned". His posts were initially entertaining but he went too much overboard by attacking and degrading other people. Chinook

Well it was deja vu all over again for me. Overnight long got stopped out. US open quick short/long trades generated very nice profits. However, I resisted the short trend which started developing around NYC noon time. I'm not sure why I resisted it since it was very clear in my control panel...

I guess most of the hedge funds have been following the EURUSD uptrend for a while so these 200-300 pip corrections are kind of like minor drawdowns for them. Didn't V. Neiderhoffer blow up by selling naked index options? Chinook

I'm only following GBPUSD besides the EURUSD and it's trending down too...It's been a very messy day for me. Chinook

I see...I bled enough on the long side and switched to short. Maybe this thing will hurl into 1.2 today. Chinook

Were you able to re-short? I'm trying catch the falling knife. My hands are bleeding!!! Chinook

Maybe. But it looks like there is a nice higher low trend. The high side is ugly/random. I got long again and stopped out. The low trend seems to be broken. Chinook

Euro wants to go up but GBP down. Kind of ugly short term pattern here. Got stopped out again! Chinook

I didn't cover my short at the bottom of the triangle waiting for 2 more pips and also got nuked at the top. I might get long around 1.2125. Chinook I got long at 1.2021

Seeking Out Psychological Balance It's difficult to trade day after day for months on end. The most effective way to keep going is to make sure that trading isn't your whole life. It's vital for long-term success that you seek psychological balance: Make sure that your life is multi-faceted...

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Neal, Thanks, I respect your opinion. I also want to trade with the trend. However, I don't have enough capital to handle drawdowns for long-term trend following. That's why I switched to "intraday" trend following. Lately, I noticed I can reasonably predict the small swings during the day...

I'm trading futures. They're about 2 pips lower than spot now. I want to be neutral during the housing number release. Chinook

Back to Long again from 1.2110. I 'm pushing it... Chinook