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Catching Big Waves - a trader's journal of surfing the the markets
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Catching Big Waves - a trader's journal of surfing the the markets

  #2661 (permalink)
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If it turns here, that would be true forecasting. But what if it is just passing through... I have had this number on my radar for so long that I have a part of me that wants to sccop it up and turn off the computer for a month. Damn confirmation.

But, that approach has not really been my best. There is nothing keeping oil from $50, or $200.

Today has a heavy calendar.


Last edited by GaryD; June 1st, 2012 at 09:05 AM.
 
  #2662 (permalink)
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It's blown through so many significant levels this London/Globex session, that I can't keep track any more. And the volumes pre-
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  #2664 (permalink)
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See what I mean Gary.....already at 84, 70 next.

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The one thing I will take credit for is that in 2008 I started mpving ALL my assets except my house into the USD. That is a move paying off handsomely (at that point everyone and their uncle called USD to crash to 50 and the USD to be equal to the Zimbabwean dollar).

I beleive history will eventually show that 2008 was for the USD, the same that 1998 was the gold. For folks that don't understand what that means.....Charles Mackay said....

Extraordinary Popular Delusions and the Madness of Crowds - Wikipedia, the free encyclopedia

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  #2665 (permalink)
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What a show that was. Blew China's away. I cannot believe I am only net +14, but that is way out of my league. I havve just watched and thought most of it, finally shorted 84.38 at the retest a few minutes ago to get myself settled in. Wow. A lot of money was made and lost this morning, just not mine.

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I posted the wrong image. The Euro went squeeze crazy...

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Last edited by GaryD; June 1st, 2012 at 10:58 AM.
 
  #2666 (permalink)
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I am such a pansy when I get out of my comfort zone. But that was just pure gunslinging to me. I am still anticipating being a prticipant today, but need something just a little less intense to trade heavier.

 
  #2667 (permalink)
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I have been thouroughly entertained though, even hands off.

 
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+29

 
  #2669 (permalink)
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+51, halfway there

 
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Today is exhausting to me. Completely exhausting. Because of the extreme volatility, I am only trading 1-2 contracts, and not sure which way is up lol! Thinking, I could be done for the day, if I trade 4. But no, I guess I really want to work for it.


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