35854 replies to this topic

[Lekkerry]

Willing to give it up to 33780, having said that, the trading (profit) range has narrowed drastically now - everyone on lunch?

 

...

Going long on J200 (+- 100 points possible). Let us see.... <edit tight tight stop>

[Plasma]

Going long on J200 (+- 100 points possible). Let us see.... <edit tight tight stop>

Looks like it is going to trend to the right......will see

[Lekkerry]

Going long on J200 (+- 100 points possible). Let us see.... <edit tight tight stop>

Edited by Lekkerry, 05 April 2013 - 02:47 PM.

[Moneypenny]

Quick profit on spike, all done for now - have a good weekend all.

[100ways]

Thanks for the heads up Plasma and recooped all losses today       

[Plasma]

It will go up again, just not yet (and if you following Argento's insights - his insights were valid that day, that hour that moment of posting it). Things happen and patterns form every moment of the markets being open. 
 
Guys (and ladies?) I am really feeling for every trade going south (including mine when I don't listen to myself), but there comes a time when we need to realise, the markets are very very dynamic and does not tend to care about how optimistic you may be (or how endearing your situation).
 
Am I preaching? ...

Nope, it is reality check.

[Plasma]

Closed at 33830....

Great that you got that one!!

[100ways]

Closed at 33830....

[Lekkerry]

It will go up again, just not yet (and if you following Argento's insights - his insights were valid that day, that hour that moment of posting it). Things happen and patterns form every moment of the markets being open. 

 

Guys (and ladies?) I am really feeling for every trade going south (including mine when I don't listen to myself), but there comes a time when we need to realise, the markets are very very dynamic and does not tend to care about how optimistic you may be (or how endearing your situation).

 

Am I preaching? ...

 

 

I think the Long feeling is one of "it must go up again.... we are more the 2 000 points down since middle march".

Me going to trade what I see....

[100ways]

Entered short ALSI Micro short 33967.....

[Plasma]

I think the Long feeling is one of "it must go up again.... we are more the 2 000 points down since middle march".

Me going to trade what I see....

[100ways]

Just took a 50 point knock.... Will keep an eye on the US Data and see....

[Lekkerry]

Looking at my system, unless you are glued to your screen, there was no further indications to trade on anything more than a breath of wind, barring entering a short at 09:15 this AM (that short is then also busy winding down now).

 

Anything else (IMO) i.e. US news positive (or negative) is pure speculation. You might get a spike on the moment of the news, but nothing is pointing to a confirmed intraday trade (be it long or short). Am I missing something, why some would contemplate a long (you have a 50 / 50 chance of being right - not good enough in this market).

[Lekkerry]

You learn, you move on. Now back to trading me says!

 

Thanks for the advice. Reality is a hard pill to swallow...

[zoner]

Plasma, actually it is very simple. Zoner, may I use your experience now with your longs as an example?

 

DO NOT TRADE ON YOUR HOPES, NEEDS OR OPTIMISMS. And more importantly, never trade revenge trades. Losing trades are that: losing trades. Your aim with your next trade is not to make up for your losses, your aim is to make a profit. Trade by your system and with your mechanisms. If you have a losing trade, and your trading regime dictates a counter-the-losing-trade-trend, by all means, trade it. If you have a off day, take a breather for a couple of days and sit-out and watch. It is a good thing to stay in touch with trends, but don't put money on the deck. --- If you ignore these points, you are gambling.. Finnish and klaar!

 

Thanks for the advice. Reality is a hard pill to swallow...

[Plasma]

I have just gone long on Micro ALSI at 34024....

I would have finger on the button if US data is negative.....

[100ways]

I have just gone long on Micro ALSI at 34024....

[Moneypenny]

Honestly, I've expected a bit of green by now, hopefully non-farm will kick markets back into submission.

[Plasma]

Seems like we are now oscillating around 34 000 IGM.

Next set of US data @ 1430 again. Reported that investors are a bit jittery. Will wait for outcome.

Pipman, you okay?

[Noob]

I stay away from the forum for one day and it completely changes