Intraday FX Player

Discussion in 'Journals' started by CFerret, Mar 26, 2008.

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  1. cvds16

    cvds16

    yes, you are at least partly right :D but you know it's my curse :D following those other markets and only trading key-reversals there doens't take much attention and it added something to my bottomline ... BTW: weren't you the one advising me to find some other markets to trade in the evening last week :)
    on a more serious note: I will try to not get this out of hand and lett euro remain my main focus, if I see YM doesn't work out, I will quickly cut trading this.
    I definitely prefer a friend to tell me I am doing the wrong thing to make me at least reconsider things, than one that doesn't say anything out of a misplaced sense of politiness and let me run me account into the ground. :D So yes your concern is appreciated.
     
    #4081     Jul 8, 2008
  2. cvds,

    When I talked about the other market I meant something ONE.... :D

    But if seriously, you know it all yourself and I'm sure eventually will settle down with what works best...

    And after all, yesterday was a good day for you in the end and nobody has a right to judge a winner. :D
     
    #4082     Jul 8, 2008
  3. cvds16

    cvds16

    The way I see it now: Eur/Usd is my main trading vehicle and my main focus should remain there. Ym is just something that doens't need a lot of focus the way I trade this now (easily defined setups with easily defined stops) and is added on the side to make some additional income and a way of small diversification making my overall profits more smooth.
    If YM starts to take more attention or doesn't make me consistant money, I will cut trading it. BTW: I did some additional backtesting yesterday before I started trading it, with very positive results. I will take another backtesting period to make a final decision tonight just to be sure its wise to trade this.
     
    #4083     Jul 8, 2008
  4. Long from 19...
     
    #4084     Jul 8, 2008
  5. cvds,

    Well, whatever works! I wish you all the best!
     
    #4085     Jul 8, 2008
  6. Tricky market for me again today. I missed the long which CF nicely caught, and direction has been unclear since then.
     
    #4086     Jul 8, 2008
  7. Hourly is still looking like up to me.
     
    #4087     Jul 8, 2008
  8. Not so sure in further direction so got out @ b/e.
     
    #4088     Jul 8, 2008
  9. hehehe,

    CV, you know I tried spot fx on a Demo account rite? I can tell you that HSI and FX behave so differently, that a trader would require to switch mentalities between products, HSI is like Die Hard (the movie), while EUR/USD is more like Dr Zofago (can't spell, again, the movie)

    Anyway, if you really need a 2nd products to trade from, find something that behave closely, so you don't really need to switch mentalities/create rules etc..

    I know you are smooth with Euro chicks, last thing you want is to hook up with is an asian lesibian (ie, da HSI) :D :D
     
    #4089     Jul 8, 2008
  10. ROFLMAO... I love Will's brilliant analogies! :D
     
    #4090     Jul 8, 2008
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