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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

  #3021 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


GaryD View Post
...thought I was George Soros on position sizing...


That is funny to me. I actually thought in that moment, "you call that a position?" Challenged myself. Either I believe or not.

But nowhere near the same conditions where that thought MIGHT be appropriate. I had nothing other than me and my beliefs in a chart pattern, and that was stupidity. It was pure testosterone doing the talking, I was a bully to myself.

On the bright side of it, besides that I got very lucky, I think it helped me hold the trade this morning. I think it broke some issues about potential loss. I faced the dragon, and did not die. Lucky shot, yes, but I felt my fear. I talked to myself about fear as I sat there. I tasted my fear. I hated it. I ridiculed it.

Started this thread

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  #3022 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


Started this thread
  #3023 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


It would not surprise me to see the ES broadening continue. CL suspended. Have a goal of $40 in my head for nothing more than an attraction to round numbers...

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  #3024 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

What if I was wrong on W4...what if this is W4?


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  #3025 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

+8

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  #3026 (permalink)
 researcher247 
Chicago, IL
 
Experience: Advanced
Posts: 437 since Oct 2009
Thanks Given: 289
Thanks Received: 773


researcher247 View Post
--------------
Shh!!!

I'll let you in on a secret if you don't tell anyone. But 6E on pullbacks for a multi-week and MULTI-MONTH ADVANCE {yep; not a typo}.

Bias is long so target better reward to risk on your long entries and--hey, your OKAY!

Why? My cycle work (extremely accurate on weekly and monthly 'cycles') showed a MONTHLY cycle low for JUNE (right on time) and then subsequent and in addition to that, my work showed a WEEKLY cycle low shortly thereafter.

This crazy-ass currency is a buy for at least 3 months.

I'll post some charts (if I get a chance) sometime on Monday or Tuesday. Still busy as I expect CL to have another downmove of several dollars+ and GC to continue to shake out 'week' longs as it continues to advance up on DEEP retraces off the last bottom.

Well, time to make the donuts!

'trade what you see'

peace

hedvig

--------------
I posted in the 6E thread an update. I also fixed my *typo* in CL (I see it higher several $$$+ over the next 2-4.5 market days for a short-term swingtrade).

peace

hedvig

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  #3027 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

I am fighting off falling asleep. Afternoon. Bought 83.20, out +8, too sleepy to feel right.



EDIT 4PM - No further trades really, one +4 tick change of mind into the 2:30 window, CL long, but did not like the ES.

Main trading today was 8:45am - 11:25am

Started this thread
  #3028 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


Started this thread
  #3029 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011





My 30 minute looks like a mess after today.

Started this thread
  #3030 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011



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