Show-off. Haha.
Very Good.
Leon
that I must say that it is not usually my habit to display either my transactions or the way I conduct them. I have felt for some time now that people must choose what one says in here in face value and undoubtedly questions arise sooner or later about a members genuinity.
To counteract the possibility of being called phony and also to reassure newer traders that what comes across is real, I have picked your thread to place a few trades on screen - if you don't mind of course.
I also thought that your interest in enhancing your own skills might benefit from it - although I think we're somewhat beyond answering your primary issue of the thread.
regards
I believe you already know I dont mind In the slightest, and Im very pleased to see anything your prepared to show.
I think that the problem usually arises (and rightly so) if a new member joins and spends 12 hours a day advertising himself on the forum and trying to gain followers utilizing very obscure indior systems. One must ask, what's the reason here which is worth the posters attempt.
Hi DT,
Ive been playing around on demonstration splitting up my possitions In a similar manner you've shown inside this thread, but after looking back in your Long UJ possitions I've a query. Was the commerce created based on only factors?
Im looking to go short GU round the 1.5 level, I'll average (up down, lol) and place the transaction regardless of the way that it goes If price becomes there.
Leon
Hi Leon,
I don't care much about fundamentals except when expectations come to play for interest rates. My rankings are build early in the week and if they continue until the end of the week, NFP numbers have the potential to take a trade which is profitable out on trailing stops or with luck send the PL to the osphere.
As I mention in my profile, I either follow trends or trade the break-outs. When I follow a tendency, I look whether the price goes up if I want to be long and conversely if I need to be brief, I will be searching for the price to move down. Trading this way you need to bring flexibility into the table - but time is in your favour since larger trends often have a bit of time to materialize (a bit like if the Titanic was attempting to avoid the crash with the iceberg - the wheels so to talk don't work really quickly in water).
To respond to your question: if you class the visual characteristic of studying a chart and determining on the grounds of this graph's direction which place to consider as technical, then yes, it was a choice of technical character.
regards
Thanks for the clarifiion DT.
Another personal question, After how long across the markets did you start to think about yourself a competent trader?
Once I started respecting the risk involved and once I realized the simplicity of this bigger picture.
regards