Lem's Big Box O' Stuff.

[LeMercenaire]

I have price just grinding along the major 50-level for the last 20 hours or so. Is it going to break, or eventually give up and drop?

I'm sitting at a 1x return right here and it feels like forever. I may just cut it and go back to minute charts. Zzzzz!

Edit: out at 109.15

Yeah...I am willing to do a run through of this kind of thing for those who are looking for it but honestly...I am so far removed from this tf mindset now, I may as well be across the other side of the sun, lol.

For one thing - I keep forgetting I have the d*** things running!

[aliassmith]

I have price just grinding along the major 50-level for the last 20 hours or so. Is it going to break, or eventually give up and drop?

I'm sitting at a 1x return right here and it feels like forever. I may just cut it and go back to minute charts. Zzzzz!

Edit: out at 109.15

Yeah...I am willing to do a run through of this kind of thing for those who are looking for it but honestly...I am so far removed from this tf mindset now, I may as well be across the other side of the sun, lol.

For one thing - I keep forgetting I have the d*** things running!

Scalp around your long term position then you will remember it is there.

[LeMercenaire]

I'm sitting at a 1x return right here and it feels like forever. I may just cut it and go back to minute charts. Zzzzz!

Edit: out at 109.15

Yeah...I am willing to do a run through of this kind of thing for those who are looking for it but honestly...I am so far removed from this tf mindset now, I may as well be across the other side of the sun, lol.

For one thing - I keep forgetting I have the d*** things running!

Scalp around your long term position then you will remember it is there.

Well, that is true, lol.

[aliassmith]

Yeah...I am willing to do a run through of this kind of thing for those who are looking for it but honestly...I am so far removed from this tf mindset now, I may as well be across the other side of the sun, lol.

For one thing - I keep forgetting I have the d*** things running!

Scalp around your long term position then you will remember it is there.

Well, that is true, lol.

I just took a look at the 5 minute chart and there was enough opportunity to scalp out all the risk associated with the longer term trade which means more adds could have been put on at low risk. I think that is a way of making it interesting.

[LeMercenaire]

Scalp around your long term position then you will remember it is there.

Well, that is true, lol.

I just took a look at the 5 minute chart and there was enough opportunity to scalp out all the risk associated with the longer term trade which means more adds could have been put on at low risk. I think that is a way of making it interesting.

Absolutely. That's pretty much how I generally run things. It's really difficult to get across in posts, unfortunately - unless you are a manic-obsessive like Pavel - and even he struggled sometimes

For me, I was used to actually never being out the market, as you are continually running what are in effect micro-hedges and stacks inside a long term pension account.

[LeMercenaire]

As an aside and an overview, here's how that UJ chart looks just now (00:45 UK time).

USDJPYxH4trackingItStillHigher2th-7thApril2020.png (79.26 KiB) Viewed 1431 times

[LeMercenaire]

Just FYI, here it is pulled waaaaaaaayyyy out. Now we can see what we were actually dealing with.

USDJPYxH4pulledwaaaaaayout6th-7thApril2020.png (84.29 KiB) Viewed 1431 times

[aliassmith]

As an aside and an overview, here's how that UJ chart looks just now (00:45 UK time).

USDJPYxH4trackingItStillHigher2th-7thApril2020.png

Right now at 8:48 EDT (1:48 UK) it is at 108.98 after it bounced off of that resistance/supply zone at 109.20ish

[LeMercenaire]

Swapped my attention to an old fav - the Russ2k.

Got in Long just after midnight UK. If I had been willing to sit up to stupid-o'clock, I could have added an even better entry but as it stands, it's doing just fine.

Russ2k 30-min Running at +34

Russ2KrunningAt+35april7th2020crop2.png (63.9 KiB) Viewed 1374 times

[LeMercenaire]

Drop onto the T-80 chart and you cans see it's gone pretty flat. As a result, some profit has been locked in.

Russ2k T-80 How it stands. 10:41 UK time.

Russ2k-ontheT80youcanseeitsflatnow7thapril2020crop.png (80.32 KiB) Viewed 1371 times