Need somewhere to think out loud,

[Turveyd]

DAX Long a few mins ago ant 11530, trends changing so not taking 2nd position this time.

Unless I get a good bounce back to 24 range highs @11540 so and uptrend continuation then looking for a low profit / cheap loss exit I guess.

Missed GA for +25 pips answering an email.

EA turned up as thought, tried to fake a down move and reversed hard nice.

EJ tracking higher, but SLOW!!

 

[Mo06]

Yes I'm no options expert, the trick is choosing the strike (I chose ITM) and the hard part is taking profit... watch the Dax go to 11800 now....

I traded a couple of my regular stocks (miners, 4 BLT trades, 1 AAL) this morning for a profit. Nothing huge just grinding away.

Good luck with the Forex....

 

[Turveyd]

Yes I'm no options expert, the trick is choosing the strike (I chose ITM) and the hard part is taking profit... watch the Dax go to 11800 now....

I traded a couple of my regular stocks (miners, 4 BLT trades, 1 AAL) this morning for a profit. Nothing huge just grinding away.

Good luck with the Forex....

I made loads trading options, 15years ish ago, spent loads thankfully, got greedy and blew 6K USD over night, good times

Don't believe in luck

Always going to be a grind isn't it, even as the account grows huge, still be a grind, but hey, beats working for a living

 

[Turveyd]

out with a TP at 37, took 2nd position at 33 on the way up, low's would of been better but hey!!

+$60, stress 5/10 getting there!

Yes DAX is back LOL ofcourse, it's all kinda talking to me, I can see clearly for how long ??

 

[Mo06]

You trade the Dax denominated in USD ?

 

[Turveyd]

Via a FXCM Spot account.


Could of gotten 55 that's $200 more, drattts!

 

[Mo06]

Greek bank headlines helping the Dax right now

 

[Turveyd]

Greek bank headlines helping the Dax right now

I avoid news, my opinion of it's effect is always the wrong way it seems, just play the charts!

A lot more $$'s for both of us up here hey

Who knew!!

 

[Mo06]

I find it handy to have news on in the background... it's always going to have an impact, especially stuff like surprise rate cuts...

 

[Turveyd]

I find it handy to have news on in the background... it's always going to have an impact, especially stuff like surprise rate cuts...

I'll worry there might be bad news then I'll never trade, realistically news has a 50/50 chance of going my way anyway, I'd say the SL gets me out cheaper but news often causes serious SL slippage so balances out really.

Keep it like playing a game on my phone is where I need it!