I just may have to do that if I hit my goal early and walk away to the next period and spend more quality time with the wife...ooohhh she would just love that....lol I am an ex-athlete so goals have just been a part of how I go about life. If I don't hit goal I don't consider that failure, atleast not until I review the trades to see if it was due to market conditions or conditions of me tradiing stupidly. Good point by the way on the end of the month/quarter, i'll check to see if there is a correlation.
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Ivan's Trade Thread
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Quote from ThePipProphet:
I just may have to do that if I hit my goal early and walk away to the next period and spend more quality time with the wife
Hey steady on, Mrs Cabletrader might be reading this!
Rule number one, never tell the wife/kids what kind of month you've had! If it was a good month they'll spend it, if it was bad they'll be telling you it's gambling and you need to get a real job!
Looking over trades is a great idea, identify any mistakes and then move forward. I imagine being an athlete you're extremely competitive but have the bonus of a built-in abilty to accept you aren't going to win all the time.
I'll wait for GDP then I'm done, this is like watching paint dry.....have a good one all!
Quote from Kanzei:
I like the USD/JPY shorts going into the European session. That strong oil is not going to lose steam overnight here, and the S&P looks bearish for open in NY tomorrow.
The USD/JPY shorts held on and there was no panic covering, they'll be adding to positions today.
This little bull run did not change the overall direction, and on my 60 minute chart it looks like a bearish breakout of trendline support.
Plus, the SMA right now at 5, 10, 15, 30, and anticipating 60 with MACD agreement says SELL.
If it breaks 107.50 (25% chance probably) on the downside it will probably touch 106.90 (200 day MA) before the bounce.
Kanzei
ps - if it doesn't drift higher (SOON) during the Asian session, we could see a serious drop in Europe.
Well, the Europeans started buying dollars at the 100 hour moving average last night, so my targets didn't hit and I woke up this morning down about 2%, but oil is still high and just about everyone in the country lost their job last month it appears.
Took profits worth 5% of my stake on that big fall near the bottom, and looking for a new short entry point now, probably back at the 100 hour moving average, which is now resistance.
Stopped out on first short of eur/usd @5611, lets see whats happens with second short @5660
Quote from cabletrader:
Snap! I've got a short entry at 1.5660 and 1.5680 if we see a spike on GDP, stop 1.5720, target 1 1.5643, target 2 who knows (1.5450?) as long as stop on the balance is break-even!
Slow today isn't it?
T/P target met at 1.5643, stop moved to break-even on the rest.
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