Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
So as you can tell, got chopped around a bit this morning, stopped posting to focus, plus I had a bunch of washing to do.
In the end, saved by the gap closing, maybe it was the only good setup, but I think I generally lose the first trade of the day, or only have 1 trade in a day. Oh well, simple stuff, got a rejection of high of Friday (ok, a couple of pips off, but near enough for me).
Short
105 to 105.125
-$66.64
Short
105.075 to to 105.25
-$91.64
Long
105.25 to 105.25
-$4.14
Long
104.5 to 105.75
$620.86
Total: $458.44
Think I might be comfortable enough to do pulsar now.
Dovie'andi se tovya sagain.
Can you help answer these questions from other members on NexusFi?
It could just be that I've been busy though! Only took 2 trades, 1 setup.
I was looking to short 107.38, looking to cover at 106. In the end we never got there. There was a 5m trendline which I didn't trade, neither to bounce or break, would of been a better entry. I eventually got short at 2, got scared mid afternoon on a big spike out and jumped out at b/e (which I am loathed to do). I wasn't really paying too much attention I guess, got short 4 ticks further down and hit target of 105.95.
While I've had this open, I guess I could of got short when we hit this level again, but it did seem to have a bit too much momentum, and I was already done really.
Well, it's NFP, so not doing anything til it comes out. 106.76-107 range on crude. Other markets equally interesting. Not looking forward to NFP for once, will probably only trade a little, things to do.
I was looking to short 107.38 like yesterday, but again, didn't get there, I didn't managed to get short til 106.95, which ended up break even, whole time I wasn't really focussed, sad times.
Reversed my position, and while I was looking to 108.4 ish I've decided to pretty much always take profit at 40 ticks for the purpose of pulsar. Now I know this goes against running winners, but:
1-I am quite comfident I can hit the targets following this.
2-I feel losing a 40 ticks gain would really hurt me mentally, this I feel is far more the greater danger.
Now I could trail positions etc, but I think this is the better solution.
Short 106.95-106.95
-$4.14
Long 107-108
$495.86
Total:
$491.72
If this were pulsar, 2.6%, and sharpe of 51 if my calculations are correct.
Everyone is angry at me, especially myself. Missed an ES trade because I haven't been looking at it, lovely bounces off a line I drew Friday. Oil just been bumming around, not even got algo on eur to trigger. Anyway, shorted crude now, because we broke out of the lows and we haven't been doing anything, hopefully something will occur.
...completely ignoring the potential hourly trendline and the fact that I am generally bullish over a week+
