E/U at 1.4166. Scaling in on long side. Would add half size 30 pips lower (if it ever goes there in next couple hours).
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Tradingjournals Quest... Turn $100 To $100K or To Ash
- Thread starter tradingjournals
- Start date
Quote from tradingjournals:
E/U at 1.4166. Scaling in on long side. Would add half size 30 pips lower (if it ever goes there in next couple hours).
That entry seems highly unlikely. But more puzzling is the fact your journal indicates you remain long a full size ( whatever that means ) at an average price of 1.4279. Amazingly, you took a "break" while losing 100+ pips, now you are ADDING to that losing position without any mention of managing that trade.
Sorry, mate, but the entire exercise has holes the size of Mack Trucks now. There is NOTHING believable about your journal.
I find it simply amazing that you would honestly waste all this time and believe that real traders would ever believe this bs.
Quote from shortie:
must be some european news. i see that spain etf EWP is taking on the chin.
Shortie, in all seriousness, you still believe this guy ?
He's recommended or gone long at 1.4452, 1.4422, 1.4284,
1.4274, 1.4166, and maybe 1.4136. He missed another long signal early today. There was no sale of his position taken at 1.4284 and 1.4274. If you were taking his recommendations, he left you hanging out to dry.
Time to create a Fiction section for Journals.
Quote from Nine_Ender:
Shortie, in all seriousness, you still believe this guy ?
He's recommended or gone long at 1.4452, 1.4422, 1.4284,
1.4274, 1.4166, and maybe 1.4136. He missed another long signal early today. There was no sale of his position taken at 1.4284 and 1.4274. If you were taking his recommendations, he left you hanging out to dry.
Time to create a Fiction section for Journals.
i don't follow the trades that closely. could he have had a stop? we have to be patient and wait for the total tally for his last trades.
yes, i still believe him.
Quote from shortie:
i don't follow the trades that closely. could he have had a stop? we have to be patient and wait for the total tally for his last trades.
yes, i still believe him.
No, we don't have to be patient. He had time to post a NEW long, but no time to post a closing trade on his OLD position ( 100+ pips down ). This gives him a lot of leeway to fabricate some nice exit points, or claim he never did go long as his post clearly claimed he did.
The other aspect is the favourable entry points he claims , and the new idea that he's scaling in etc which allows him to fudge on the details as well.
Note the one star thread rating, the lack of professional trader input, and its clear serious traders think this guy is a total fake.
Rioting in Europe: http://www.elitetrader.com/vb/showthread.php?threadid=222205
Unlike trolls on threads which may be ignored, I believe I should not ignore the possible effects of the above news on EUR/USD.
So my current view is that I stay on the sideline, that I should consider shorting rallies if and when is appropriate, and use the long side models as a warning to stay away from the short side. until a solid long signal comes (if and when it does, then I might consider the long side).
I am also thinking that I should be aware of a V-shape rally.
EUR/USD is now at 1.4180. For now, I am staying away from it.
Unlike trolls on threads which may be ignored, I believe I should not ignore the possible effects of the above news on EUR/USD.
So my current view is that I stay on the sideline, that I should consider shorting rallies if and when is appropriate, and use the long side models as a warning to stay away from the short side. until a solid long signal comes (if and when it does, then I might consider the long side).
I am also thinking that I should be aware of a V-shape rally.
EUR/USD is now at 1.4180. For now, I am staying away from it.