Well, I gotta go

well, I gotta go pretty soon. Still haven't learned how to intrepret things when USD is closed and everybody else is open. Things have improved once I switched from market orders to limit orders.

I've got my limit orders in. If you're stupid enough to hit them I'll gladly take the other side, especially on a night when things may not be as they seem.
 
For those of us that hold over the weekend, the opening gap is always kind of a crap shoot

The way I see it, half the time it goes in my favor and half the time it goes against me

but if I get flat 100% of the time I pay the spread

gotta go see dad today, it may be his last Fathers Day

but I'll bring the laptop to see if this gap is all it's cracked up to be
 
About your dad. Been there.Loss hurts and time helps heal.
Life is a journey with a known destination.Make sure the journey makes the destination worth it.For the most part you will regret things not done more than things done. Ain't hindsight grand.
 
OT, I don't trade currencies much but when I do it's typically the USD. I've found this instrument behaves more rationally than the others and doesn't tend to give you, "where the f... did that come from." It behaves more like the futures market or even somewhat like the stock market. Good luck with it!

Quote from oldtime:

it's Sunday 17:00 est and for me forex is opening for the week. I'm trading USD, first time for me to trade it exclusively. Everybody gripes about it, but it has been trending really hard on the one hour charts which is about the time frame that suits a small trader like me.

I'll let you know how it goes.
 
Quote from oldtime:


I've been trading forex almost a year now, but I don't get the carry and how to compute it or even for that matter what it is.


The carry is the interest you pay when you are short the Aussie. You pay a little bit each day you carry that trade. Cost of doing business.
 
well I gotta go

hard to imagine anything going worse than it went last week. Most of the time everything I had on showed me a loss.

The pathetic thing is, if it had gone the other way I would have taken my profits and gotten flat and be looking for a new opportunity this week.

But I am hanging on to my losses.

That's probably why most traders lose.

I need everything that was going down to start going up

And everything that was going up to start going down

Is that too much to ask?
 
Quote from oldtime:

well I gotta go

hard to imagine anything going worse than it went last week. Most of the time everything I had on showed me a loss.

The pathetic thing is, if it had gone the other way I would have taken my profits and gotten flat and be looking for a new opportunity this week.

But I am hanging on to my losses.

That's probably why most traders lose.

I need everything that was going down to start going up

And everything that was going up to start going down

Is that too much to ask?

Gee, how could that be with an expert like you? 3000 posts of your expertise in 1 year I would have thought you knew what you were doiing. :D
 
Quote from tradin4profits:

Gee, how could that be with an expert like you? 3000 posts of your expertise in 1 year I would have thought you knew what you were doiing. :D
I like to talk, especially about trading, I am very lonely and very rarely talk to anybody but the lady at the c store where I buy my cigarettes, and then all I shyly say is "thank you".

got a little bit of a break this gap, but I need more

looks like no trades until after midnight

but thank you for your concern

CYA next weekend

like the man said

well, I gotta go
 
whew! got to drinking that good old Kentucky Whisky and slept right thru the open

pretty quiet gap this sunday

my salvation came thurs night thanks to merkle

but I'm still short AUD/USD

that pair is gonna be the death of me

if I ever get out of it alive, I will never be scared to go long AUD again

well, nice talkin to ya, I gotta go
 
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