What a morning. There must be 4% of the index value between the top and bottom of Dax in the first 3 hours of this morning.
Fortunately I was on the right side of the big push down, and have just had a strong coffee on the realisation it brought me more than 10 per cent in one trade.
I'm done for today. Trying to eliminate all stress.......
5D ADR 230 on Dax. That's what I'd call skittish
Ray's amnesty page
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wiseambitions
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Re: Ray's amnesty page
You do not have the required permissions to view the files attached to this post.
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
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Dave
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Re: Ray's amnesty page
Yes, but as short term traders we love skittish!
To 230 and beyond
To 230 and beyond
Now, I choose to make a profit in trading.
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wiseambitions
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Re: Ray's amnesty page
Dave wrote:Yes, but as short term traders we love skittish!
To 230 and beyond
Well yes, so long there isnt silly slippage, I have been on other blogs today reading that some people had adverse experience with some brokers, (ICM, FXCM etc) freezing platforms, delayed execution and other woes.
I understand today's wobbliness was caused by Switzerland uncoupling exchange rate controls, it hit European currencies and shares more than London and sterling. I think the swing on dax was as much as 5% today.
We live in a casino economy
Last edited by wiseambitions on 15 Jan 2015, 14:43, edited 1 time in total.
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
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Re: Ray's amnesty page
wiseambitions wrote:Dave wrote:Yes, but as short term traders we love skittish!
To 230 and beyond
Well yes, so long there isnt silly slippage, I have been on other blogs today reading that some people had adverse experience with some brokers, (ICM, FXCM etc) freezing platforms, delayed execution and other woes.
I understand today's wobbliness was caused by Switzerland uncoupling exchange rate controls, it hit European currencies and shares more than London and sterling.
We live in a casino economy
I'm fecking loving it... we took 1000 pips on short m5. plus 60 from long and short in the am on m1, then 100 up to 10k and now short from 10030 and its at 9990 now. skittish.. .feck fancy words...
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
immy wrote:wiseambitions wrote:Dave wrote:Yes, but as short term traders we love skittish!
To 230 and beyond
Well yes, so long there isnt silly slippage, I have been on other blogs today reading that some people had adverse experience with some brokers, (ICM, FXCM etc) freezing platforms, delayed execution and other woes.
I understand today's wobbliness was caused by Switzerland uncoupling exchange rate controls, it hit European currencies and shares more than London and sterling.
We live in a casino economy
I'm fecking loving it... we took 1000 pips on short m5. plus 60 from long and short in the am on m1, then 100 up to 10k and now short from 10030 and its at 9990 now. skittish.. .feck fancy words...
Wow, you've been having fun. I would have liked 1000 pips on the short but I think you meant 100 but they are worth keeping with reverent praise. I didnt get that many because I wasn't concentrating but did fine by all accounts. I think I would only need to work one day a week at this if I knew which day it was ! ! ! !
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 15
Re: Ray's amnesty page
wiseambitions wrote:immy wrote:wiseambitions wrote:Dave wrote:Yes, but as short term traders we love skittish!
To 230 and beyond
Well yes, so long there isnt silly slippage, I have been on other blogs today reading that some people had adverse experience with some brokers, (ICM, FXCM etc) freezing platforms, delayed execution and other woes.
I understand today's wobbliness was caused by Switzerland uncoupling exchange rate controls, it hit European currencies and shares more than London and sterling.
We live in a casino economy
I'm fecking loving it... we took 1000 pips on short m5. plus 60 from long and short in the am on m1, then 100 up to 10k and now short from 10030 and its at 9990 now. skittish.. .feck fancy words...
Wow, you've been having fun. I would have liked 1000 pips on the short but I think you meant 100 but they are worth keeping with reverent praise. I didnt get that many because I wasn't concentrating but did fine by all accounts. I think I would only need to work one day a week at this if I knew which day it was ! ! ! !
If you log in to SKYPE and scroll up to morning chat you will see that I said taht I paid a rent on FO Fruit on m5 dax and would take another one if there is, and there was so I took it and meanwhile was busy trading m1 up and down, and kept adding on to M5 2 times, then it broke down, Tracker was also short but the fruit at 9.35 UK took him out, since I was in it till it really show's profit, as I was busy pipping m1 any way, i paid little attention to m5, as it was running calmly on the next available screen and all of a sudden it blasted down. i closed 3 entries wiht 330 + 310 + 304. I think thats around 1000 pips yes, not 100 but thousand. and then a couple of 100 up and then 110 on Swissy, which could have been 300. Grant also took the 100 up to 10K. oh yes. it has been a few thousand pips day inside SKYPE LIVE TRADING ROOM
You do not have the required permissions to view the files attached to this post.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
Wow I get you now, for doubling/trebling up, and will pore over that chart when I get chance. You're onto a good thing there. Much more fun than the unrelated stuff which I have got to sort out today ! ! ! !
Well done and thank you for hosting the discussion group
Well done and thank you for hosting the discussion group
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
-
wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
And this is the situation which caused it. Look what they've done to the Swisse and undone the chart growth of the last 8 months. All on one rather important announcement from the central lender which came as a surprise ! ! ! !
Seems like it will cost more to get a cuckoo clock???? Shame about chocolates and gold watches though.......
Seems like it will cost more to get a cuckoo clock???? Shame about chocolates and gold watches though.......
You do not have the required permissions to view the files attached to this post.
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 15
Re: Ray's amnesty page
Look what we did to swissy and swissy did to uswiseambitions wrote:And this is the situation which caused it. Look what they've done to the Swisse and undone the chart growth of the last 8 months. All on one rather important announcement from the central lender which came as a surprise ! ! ! !
Seems like it will cost more to get a cuckoo clock???? Shame about chocolates and gold watches though.......
You do not have the required permissions to view the files attached to this post.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
Wow. And I wasnt watching at the time. I dont know why Alpari would choose to write me an email and talk about this morning's unexpected announcement................
I have little doubt a lot of importers/exporters not just of cuckoo clocks are really caught out by this massive move.
I have little doubt a lot of importers/exporters not just of cuckoo clocks are really caught out by this massive move.
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."