Thoughts on this one before it's all said and done? .........I find it's more fun to hear the criticism BEFORE the trade is closed instead of after. Know what I mean? That way we both can have some skin in the game. Attached is the chart.
Moved this stop to +1 out of spite. I love your lack of respect for fellow board members. Very classy stuff. For a guy who's got it all figured out, you sure aren't very nice. I've seen some good traders come and go and none of them. I repeat. NONE OF THEM act like you. You've been vouched for by numerous board members, however I have serious doubts about you simply due to your character. What exactly do you contribute here? EDIT: and why is GOOG 1000+? I thought your post put the lid on that thing
I don't know. Never found anything that seems to give me good results. I also have never met anyone who is consistently profitable trading FX. I've met one or two ES/NQ futures traders who make money, and i've met more traders still who make money trading equities (although recently even that number seems to have died down. Something seems to have happened in the markets recently to make it harder!?!) I'm doing OK with ES futures, though.
short EUR/JPY at 141.36, stop 142.16 Reason? Technical break of multi-month triangle. Long JPY because: falling US 10 yr yields, rising XAU/USD, XAG/USD couldn't break that floor, rising AUD/USD, heavy looking USD/JPY and nikkei, no QE2 from BoJ. Short EUR because: well, everybody is short EUR, right Open target, but I'm looking a lot lower. Will add on rallies from lower levels and upon confirmation in other markets. However ECB tomorrow could spike into my stop but I accept the risk...
+1 Everybody changes in life. I've see quite a few ET members change (develop into this as a person) like this. Very sad to see.
That one didn't work out so well, eh? I am up at 4AM, so I apologize for not having any skin in your loser. Here's my latest thread on GOOG specifically. Lots and lots of winners on that thread: http://www.elitetrader.com/vb/showthread.php?t=281317&page=16 I've posted over a dozen journals to this site. All fills posted in real-time and 100% were marketable. Blotters and performance metrics from the clearer. The last journal did 40% in a couple of months at under 4% PTT draw-down. And yeah, that's 10x risk. I blew out Trinitas Capital and Oanda stopped offering exotics as a result of the arbs available on the platform. Where's your journal? http://www.elitetrader.com/vb/showthread.php?t=12224 There is nobody on this site that can match that journal, let alone any of the dozens of others I've authored over the years. I am going to post an exotics journal starting today. I am sure you'll be avoiding that as it's likely to be a success. FX and index exotics. Where's yours?