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- SedonaPipper replied Jan 8, 2010
Arghhhhh - I am done for the week - done for the year - done for the next decade. During the last couple of days I forgot about what works and worked on what doesn't work. This business is too easy for me to get into guessing, hoping, analyzing, and ...
The Vortex Trader
- SedonaPipper replied Jan 7, 2010
I am being a chop monster trader at the moment - not healthy for the bottomline - causes over trading. today the market is not showing much love - right now I am sitting on my hands waiting after a couple of FO's
The Vortex Trader
- SedonaPipper replied Jan 7, 2010
Ok I have a short at 4309 on the Euro - I will play this as a 123S off the swing from 4312 to 4351. I look forward to price just going through my entry and moving on instead of touching my entry and retracing. All Well. Last night during one of my ...
The Vortex Trader
- SedonaPipper replied Jan 7, 2010
Just to have a little fun - I give TIPTOP an A for his prediction - all that was missing was a definition of a "little time."
The System II (Yes with irony)
- SedonaPipper replied Jan 6, 2010
After evaluating I am back in with a short at 4350 on the Eur. This is a 123S set up within the larger swing so I am being aggressive and will play a 2G+ stop if need be. I could be inside the chop monster so I have to pay close attention Price ...
The Vortex Trader
- SedonaPipper replied Jan 6, 2010
Ok after the news my long at 4371 was triggered - This is a 123S entry so will use a #1 exit for my stop loss. Got out with a -7 when price didn't break the high - fook a short off a FOR entry for 2 when price didn't have momentum. Now I am sitting ...
The Vortex Trader
- SedonaPipper replied Jan 5, 2010
Trades during the Asian Market. Short the Yen for a couple and long the Aud for a couple. Pretty quiet evening. the yen is a new pair for me to trade so I am watching more than I am trading. What I am seeing is that the pair doesn't matter that ...
The Vortex Trader
- SedonaPipper replied Jan 5, 2010
My renetry at 4383 was trigger - Lets see if we get a run or not. I hate when price hits my entry and then retraces. Oh well that is the game. this is 123 D entry so I will be very agressive on the exit. Out at -7
The Vortex Trader
- SedonaPipper replied Jan 5, 2010
What I sense, correct me if I am wrong, was that you used the stop loss to not have a loss. If that is the case then remember that the stop loss is an insurance policy. Using it to get you out of a trade is a crutch that in the long run will not ...
The System II (Yes with irony)
- SedonaPipper replied Jan 5, 2010
My orders are in place - 4405 short and 4435 long - both are inside the larger bracket so I intend to be aggressive on my exits if they twitch the wrong way. My first trade of the day was a long at 4428 which I got out at BE when price failed to ...
The Vortex Trader
- SedonaPipper replied Jan 4, 2010
Well that was pretty quick. Long on the Aud at 9133 and out at 9150. Entry was pretty straight forward BB break - exit was experience - a 10 pip wick in the asian market on ths pair is rather large. Of course if FX see this post I am dead meat. What ...
The Vortex Trader
- SedonaPipper replied Jan 4, 2010
I am now short at 4417 off 123S because of the time this will be my last trade have a very tight stop and expectation of a move to retest 4400. closed at +1 never made a run and my day ends now.
The Vortex Trader
- SedonaPipper replied Jan 4, 2010
oh well - I am in one more trade - this is one that I am working on - I call it the FOR trade. Still working out the Parameters - basically it's a Fake Out Reversal. I am short at 4433 3 off the low of the FO Candle. Since I am still working on this ...
The Vortex Trader
- SedonaPipper replied Jan 4, 2010
My long at 4455 was hit - I may be in for the chop monster this morning. After the move during the london session I would not be surprised - this is my last trade for the day so I again will be agressive on the exit since it is a 123D trade.
The Vortex Trader
- SedonaPipper replied Jan 4, 2010
I went short on the Euro just before the news. It was a shot - of course price hit my entry and then closed inside my level line - so I got out with a -12. I was not as aggressive with this close as I like to be. The problem with having traded a ...
The Vortex Trader
- SedonaPipper replied Jan 3, 2010
Oh well — First trade of the year and the market gives me a pin bar against my position to deal with. I tightened my short entry from where it belonged and got caught by my aggression. This is something I do over and over. At this time though ...
The Vortex Trader
- SedonaPipper replied Jan 3, 2010
There is so much to talk about here and I don't want to discourage you and your journey. I will say all these answers are in the thread. The first place to start is to train yourselves to have a catch a runner mentality. What you did is missing that ...
The System II (Yes with irony)
- SedonaPipper replied Jan 3, 2010
I should just ignore this question because it is covered in the begining of the thread and I have been encouraged over and over to read the thread because the answer is there. Most followers of this thread make sure to add the spread and 3 more tics ...
The System II (Yes with irony)
- SedonaPipper replied Jan 3, 2010
Good Day — Here is to a profitable year to all. I have been rereading the irony thread over the holidays. It was fun to read FX's first post and to see his development as a trader over the past year. Very encouraging to say the least. I still ...
System 2 (AUD trading)
- SedonaPipper replied Dec 31, 2009
last post of the year — ok - these are my new years resolutions when it comes to trading. I run a business - Business hours are the asian market (4:00 pm - 10 pm) and the New York Market (5:30 am - 10am) Stay in trades longer - give the market ...
The Vortex Trader