[thalestrader]

Originally Posted by DugDug »

Thalestrader... do you happen to have a summary of your ideas in a previous thread. .... just to save me searching through countless posts?

Sorry, DugDug, but this is it. There is a scattering here at TL. I only have one post elsewhere and that was to ask about changing forex brokers back when I was starting with my daughter's trading. Otherwise, everything is in this thread. I have considered putting together a sort of uberpost summarizing some of the more important things I lok at, and then asking James or one of the mods could slip it into a first post position, but I have to write it out first, and I just haven't had the time. Someday and soon, I will put together a summary. However, I kow this has become a "bloated thread," but there is a lot of good stuff in here, not just from me, from many of the thread's participants. So I encourage you to try to slug your way through it over time. I know I have learned alot myself from this thread.

Best Wishes,

Thales

PS I thought maybe daedalus would write the book - if so, daedalus, I promise to be the first to buy it off the presses.

[Cory2679]

Originally Posted by Cory2679 »

...both hits the account has taken on the EJ offered what I see as profitable stop-and-reverse opportunties...

Although, on the second position, rather than stopping and reversing, it would have probably been more prudent to pull the EJ and short the EU...

With hindsight OR with how the charts looked at the time, I believe the EU would have been the better short opportunity.

[thalestrader]

Current look at the weekly EURUSD shows the EU about to undo in 10 weeks the price movement it took almost 30 weeks to achieve. Any rally from these levels is likely to resolve itself in a selling opportunity to test the October 2008 lows. I hope that bounce does develop, otherwise I'm going to just have to close my eyes and sell - I would hate to see this thing move down another 20 handles without me.





Best Wishes,


Thales

[Mr_black]

Possible Short on YM

[thalestrader]

Crude has traded from yesterday's high to within 13 cents of yesterday's low, and it looks like it might be getting close to time to get long of some crude.




Best Wishes,

Thales

[Mr_black]

Originally Posted by Mr_black »

Possible Short on YM

Target 10000

[thalestrader]

Originally Posted by thalestrader »

Looks like someone woke up the Buck.

I forgot to post the daily dollar yesterday ... this is as of yesterday's cash close, and I will post an updated chart after today's cash close of today's action.

Best Wishes,

Thales

[DugDug]

stopped out for loss at top level.

Continual lesson to ponder:should I have cut earlier at BE of 26, as this popped back through the level with some vengeance?

I never really know and usually just see how it goes on the day. I have stopped myself out early plenty of times just to end up being right. I have always figured I am better off loosing a few extra pips than getting off a trade that might make me much more.

final thoughts... I will go it again next week if it lines up again.

Oh well Friday evening in the UK, I'm off to the pub.
enjoy.