lukx zline trading log + cfabian p.35 + adaseb p.48

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newark18
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Postby newark18 » Wed May 12, 2010 3:04 pm

hey, someone responded. :shock:

Ok, so I am not crazy about their correlation.
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aliassmith
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Postby aliassmith » Wed May 12, 2010 3:07 pm

newark18 wrote:hey, someone responded. :shock:

Ok, so I am not crazy about their correlation.


They are all a function of the US dollar. So there should be some
relationships.
Trade Your Way as Long as It Makes Money!
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adaseb
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Postby adaseb » Wed May 12, 2010 3:15 pm

aliassmith wrote:
newark18 wrote:hey, someone responded. :shock:

Ok, so I am not crazy about their correlation.


They are all a function of the US dollar. So there should be some
relationships.


Yeah pretty much.

Why do you think the GBPJPY goes crazy up and down hundreds of pips during NFP when USD is not even in its pair.
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dragon33
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Postby dragon33 » Wed May 12, 2010 3:18 pm

It has been a long time but today i really had a bad day.

Lost at the end of the day. Was not home while ej and gu were running up.
Trading is like cycling, first you need to learn how.
Two options: you either lose or win!
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adaseb
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Postby adaseb » Wed May 12, 2010 3:21 pm

dragon33 wrote:It has been a long time but today i really had a bad day.

Lost at the end of the day. Was not home while ej and gu were running up.


That's the secret to trading.

You have to be able to lose to win.
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prochargedmopar
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Postby prochargedmopar » Wed May 12, 2010 3:26 pm

dragon33 wrote:It has been a long time but today i really had a bad day.

Lost at the end of the day. Was not home while ej and gu were running up.


IT'S WHAT YOU DO WHEN YOUR WRONG THAT COUNTS

And I'm sure that the professional you are has controlled and minimized your losses.

es/pip
WARNING----I ACTIVELY SCALP THE EURO FROM 7-11PM AND 6-11AM est----PROCEED WITH EXTREME CAUTION!!!!!!!!!!!!!

I'll keep this in mind and maybe start scalping e/u as I'll be sure now that there will be big money to push me into profit.........
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
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aliassmith
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Postby aliassmith » Wed May 12, 2010 3:57 pm

adaseb wrote:
aliassmith wrote:
newark18 wrote:hey, someone responded. :shock:

Ok, so I am not crazy about their correlation.


They are all a function of the US dollar. So there should be some
relationships.


Yeah pretty much.

Why do you think the GBPJPY goes crazy up and down hundreds of pips during NFP when USD is not even in its pair.


Because GBP/JPY is a cross pair ( GBP/USD and USD/JPY ) it seems that
the Yen crosses are more sensitive and make the big moves. I traded
them a lot a few years back when I could perdict their movement really
accurate. Those were the days. :roll:
Trade Your Way as Long as It Makes Money!
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adaseb
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Postby adaseb » Wed May 12, 2010 4:00 pm

aliassmith wrote:
adaseb wrote:
aliassmith wrote:
newark18 wrote:hey, someone responded. :shock:

Ok, so I am not crazy about their correlation.


They are all a function of the US dollar. So there should be some
relationships.


Yeah pretty much.

Why do you think the GBPJPY goes crazy up and down hundreds of pips during NFP when USD is not even in its pair.


Because GBP/JPY is a cross pair ( GBP/USD and USD/JPY ) it seems that
the Yen crosses are more sensitive and make the big moves. I traded
them a lot a few years back when I could perdict their movement really
accurate. Those were the days. :roll:


I trade the NFP every month on the GBPJPY pair by hedging my positions. It sure is fun.
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blubbb
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Postby blubbb » Wed May 12, 2010 4:06 pm

Hey, dragon33, would you mind posting a picture of the lost trades from today? With ZLines, entries and stuff. If it's not too embarrassing, of course. ;) We might learn something from it, I think.
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aliassmith
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Postby aliassmith » Wed May 12, 2010 4:12 pm

adaseb wrote:
aliassmith wrote:
adaseb wrote:
aliassmith wrote:
newark18 wrote:hey, someone responded. :shock:

Ok, so I am not crazy about their correlation.


They are all a function of the US dollar. So there should be some
relationships.


Yeah pretty much.

Why do you think the GBPJPY goes crazy up and down hundreds of pips during NFP when USD is not even in its pair.


Because GBP/JPY is a cross pair ( GBP/USD and USD/JPY ) it seems that
the Yen crosses are more sensitive and make the big moves. I traded
them a lot a few years back when I could perdict their movement really
accurate. Those were the days. :roll:


I trade the NFP every month on the GBPJPY pair by hedging my positions. It sure is fun.


Good times doing that for 100 pip spikes in less than a minute with huge
lots. 8) That is where liquidity issues came into play and caused slippage.
Trade Your Way as Long as It Makes Money!
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