Thread: Gaming Rig Trading

Fell asleep through euro session. I missed a good brief installation.
Rather I tried my hand at trading US session during work! Got a very small bit of profit; sufficient to get a tuna sandwich at Portillos....


My prejudice was long initially. However, I closed it a little early. Then I chose to get a quick scalp to follow along with the current downtrend. The movement wasn't quick enough so I closed the shorts in breakeven. It's Friday and quantity dying , so no reason for me to trust to get a powerful movement now.

I feel like lately I've been putting my ass on the line. My initial short order was filled into the pip. But my target was 3750. It got there and all of a sudden these fucking bulls rammed me.

First I entered another brief at 3800 thinking,'hey it is a huge number. This shouldn' go beyond 20 pips before reversing. But it just kept on going and going around 3840. I was like a deer going to be roadkill.

I stood by my positions and held past my trading hours. Kept checking to the charts on the job and it seemed that further bullish motion was'improbable' without some correction. And few hours later, my conviction paid off and I was able to unload at around breakeven.



Lesson that I discovered is that a quick burst in tendency is likely to follow further. I know this , but today cemented that lesson.

It's like going into the fuckin mines everyday... FLoored



Feb results: $214, 52.3%

Originally Posted by ;

I feel as though lately I've been putting my ass on the line. My initial short order was stuffed into the pip. However, my goal was at 3750. It never got there and all of a sudden these fucking bulls rammed me.

First I entered another brief at 3800 thinking,'hey it is a round number. This shouldn' go past 20 pips prior to turning. However, it just kept on going and going around 3840. I was like a deer about to be roadkill.

I stood by my positions and held past my trading hours. Kept checking to the charts on the job and it seemed that further bullish movement...

This really is a difficult pair to take positions.... Also one of the pair with most volatility. It is ideal to keep the TP smaller, which means that one don't get rammed the other way around when grabbing a doze

As now, I think the pair remains bullish to try 3860. Just that like you mentioned, it's taking a brief retracment, possibly to 3770 before trying once again. I think it's likely to strike goal on its 3rd round. But it's anybody's guess on if it could break thru conclusively. However, if support at 3700 can not hold, all bullish bets are off....

Great Luck!!! Ciao!

Originally Posted by ;

This really is a tough pair to take positions.... Also one of the pair with the majority of volatility. It's ideal to keep the TP smaller, which means that one don't get rammed another way round when grabbing a doze

As now, I think the pair is still bullish to attempt 3860. Just that like you mentioned, it is taking a brief retracment, possibly to 3770 before trying once more. I think it is likely to strike target on its 3rd round. But it is anybody's guess on whether it could break thru conclusively. However, if support in the 3700 can't hold, all bullish bets are off....

Great...

That short did give me 20 pips. But I was so set on getting out at 3750. That's something I should work on. Just take reasonable profits..but then again are not we taught to let winners ride??! . . I am so confused lol

Originally Posted by ;

but then again aren't we taught to let winners ride??! . . I am so confused lol

Yeah that's a great one. You are not the only confused one....
that I think the whole market is confounded and living on the edge of speculation.

Personally, let the winners ride, only once you grab a good trend. There isn't any tendency in EURUSD. Just sharp up, sharp . Okay, u r right, there's trend, but very brief ones....hahahah

I could have entered long from 3820 and got out at 3840. But I woke up late and I guess by being asleep, this view was hindered. So I chose to go short rather at 3825 and 3850.

Curious to see how much this bullish thrust would go, I let go of my 30 pip stop loss to 90 pips

I hate days when market inverse like this coming to euro session. A straight reversal without retracemnt that is meaningful. I truly believed we were moving down to 3750 before restarting uptrend. But as market orders, it shattered off and I was rebellious to not exit at predetermined stop.

Even though I'm up $80 from the start ( 19%),I should think about this a little blowup. Oh well, maybe if I'm'lucky' enough I'll make it back plus some by end of march.

Entries suck, depart suck, goal no where available. All types of wrong now.

If I don't start turning around I wouldn't have the ability to afford an e-machine computer

Didn't trade today due to oversleeping. It is difficult to keep a program where I do'two' jobs.

Tried to exchange during labour, but was simply too busy.

Originally Posted by ;

did not trade now due to oversleeping. It is difficult to keep a schedule where I do'two' jobs.

Tried to exchange during work, but was simply too busy.

Cool it friend Trading the Non-Farm Payroll (NFP) is obviously hazardous. It is one of the very volatile session for EURUSD, and always without logic to the fundamentals. Just exchange the price action after the heat has cooled.

Good luck to your upcoming transactions
And do avoid placing your focus on earning your losses back quickly. Focus instead on making good trades with good closing. The more good transactions, the better