I'm holding the crap bag right now - General

KennyRogers 2009.01.28 21:57 #191

Kenny Rogers:
The Euro has pulled back into the support base now after its rise. Now we see if this is a real good trend or another half arse willy nilly move. If it is decent trend, it should consolidate at this level to build a base and take off like rocket later. It might even do a quick dip below support to trap all the bears. This is what might cause me to get shaken out, I hope not. Broke the 50 milestone last night on Account #1.

Easy come, easy go. I'm holding the crap bag right now. The Euro uptrend basically got rocked by the FMOC today, and I'm at -$3K drawdown. Eating some fresh humble pie, and holding on for dear life.

The elusive whale is getting away. Arrrrgh.

It is going to take a huge push up by some divine powers to get me back on the positive. Stranger things have happened.

/cue The Gambler music and pour a glass of J.

Parabolic SAR - Trend Trading Principles - Trade Momentum - Oscillators -

prasxz 2009.01.28 22:29 #192

hi

Larry Williams's investing rules must be implemented in our daily trading

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Forex Indicators Collection

KennyRogers 2009.01.29 14:50 #193

^ Larry William's rules are good. Because it teaches humility, and talks about the emotional aspect of trading...which is a huge part.

KennyRogers 2009.01.29 15:07 #194

I got shaken out of my previous trend trade for a loss of about -$2K. Bah!

I need to shut up again, and start to come up a few more tricks. My Hare account is still sitting there without a good strategy. I'm not liking that.

Projects that I have lined up to explore:

Retool strategy (previously on Hare Account) with 4 times the SL than TP: Codename "Bucket"
Revise "Bucket" strategy to enter trades with limit orders: Codename "BucketList"
Revise "Bucket" strategy to trade only specific pairs: Codename "Buckshot"
Statistical trading: Codename "Ahab"