So, so start.
I managed to do some more scalps yesterday on top of stated trades, 2x profit, 1x BE, so it was a good day.
Just this morning I had a would/could/should moment at taking short at about 9980. Well, I waited long enough to miss the trade. Anything but clean PA so far, so to some extend I can be forgiven, from other perspective I did what was needed: scaled down, got a full scalping signal at 9975 (although against the current trend at the time, so still not a perfect signal, but good enough) and ... didn't trigger. LO spike did was it was intended to do. Throw me off balance for a moment.
Still... better to miss a trade than equity. The issue for me is lack of time. This could likely be it for my London session.
What I want to share is: if you have a proven system and you get a signal, do not think, rethink and over-think. Provided you did you homework, you know the odds. They should be in your favour, so just take the damn trade.
BR
I managed to do some more scalps yesterday on top of stated trades, 2x profit, 1x BE, so it was a good day.
Just this morning I had a would/could/should moment at taking short at about 9980. Well, I waited long enough to miss the trade. Anything but clean PA so far, so to some extend I can be forgiven, from other perspective I did what was needed: scaled down, got a full scalping signal at 9975 (although against the current trend at the time, so still not a perfect signal, but good enough) and ... didn't trigger. LO spike did was it was intended to do. Throw me off balance for a moment.
Still... better to miss a trade than equity. The issue for me is lack of time. This could likely be it for my London session.
What I want to share is: if you have a proven system and you get a signal, do not think, rethink and over-think. Provided you did you homework, you know the odds. They should be in your favour, so just take the damn trade.
BR
P
postman
I'm long dax 934 at the very least I'll catch most of the chop move today.
P
postman
I read the ZH article (I'm assuming thats where you got it from) he does provide a set of compelling slides.
P
postman
Great British humour.
P
postman
P
postman
I think were in for some chop today, waiting for jobs numbers.
Just my opinion.
Just my opinion.
P
postman
Out way too soon.
P
postman
Short dax 66
P
postman
P
postman
40 would be good but given the unrelenting upward pressure on Dax I might have to take 45.
P
postman
took 4 for another +21.
+41 this morning.
See you later chaps I'm off to buy my lunch.
Attachments
P
postman
Thats 9945 not 4
P
postman
Bugger went straight down to 30 after I closed.
Never mind.
Never mind.
P
postman
Found this while avoiding the chop.
psaTrading
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Yesterday the major stock indexes ended the session in positive territory, with the optimistic investors believing that new monetary stimulus measures will be announced on the ECB meeting, next Thursday. Leading the gains were the companies in the oil sector, recovering from six consecutive sessions of declines.
Asian markets ended positive with the Chinese market leading the gains after the improvement in the indicator of services in the country.
In macroeconomic terms the disclosure of Retail Sales in the euro area were in line with expectations and in the afternoon the attention will be turned to the ADP Employment Change, Nonfarm Productivity, Unit Labor Costs and ISM Non-Manf. Composite, Beige Book in the United States.
Auto sales in the US showed the following numbers: BMW (-2.3%), Mercedes (00:58 +%), Volkswagen (+ 3.2%), Audi (+ 22%) and Porsche (+ 18%).
Siemens Engineering signed a contract worth 1.3 billion zlotys for the construction of a power plant and heating for the largest refinery in Poland, PKN Orlen to.
Asian markets ended positive with the Chinese market leading the gains after the improvement in the indicator of services in the country.
In macroeconomic terms the disclosure of Retail Sales in the euro area were in line with expectations and in the afternoon the attention will be turned to the ADP Employment Change, Nonfarm Productivity, Unit Labor Costs and ISM Non-Manf. Composite, Beige Book in the United States.
Auto sales in the US showed the following numbers: BMW (-2.3%), Mercedes (00:58 +%), Volkswagen (+ 3.2%), Audi (+ 22%) and Porsche (+ 18%).
Siemens Engineering signed a contract worth 1.3 billion zlotys for the construction of a power plant and heating for the largest refinery in Poland, PKN Orlen to.
