spanish89's Daily Trading Journal!! Whooooo ;)

[rathcoole_exile]

Who do you think you are??

You sit in the passenger seat, telling the guy at the front to go left or right, up or down.

I, on the other hand, am tasked with searching through all the possible combinations and permutations of RSI (14) and 5 EMA(RSI(14)) crossovers, when the cosine of MACD(25, 6, 2) is increasing or decreasing, depending on whether the price is above or below the SMA(89, 200) differential, all the while paying careful attention arbitrarily chosen fibonacci levels - and I have to do this all over again, according to the colour of my socks. When I am successful, I will have found a fool-proof route to riches, the unsdiscovered holy grail of how the financial markets really work.

SO, before you start spouting your mouth off, acting like you are some sort of genius that doesn't need watch the ADX - Stochastic (16,4) ratio to trade profitably (HAHA! I know for a fact that Soros et al have this very useless bit of mathematical gymnasitcs fed to their Blackberry's in real time, 24/7!), remember that it was the Navigator that copped it in the end, while I, the pilot, have pin bars, $5 per pip, and know how to use them.

You have been warned!

you've obviously not read or assimilated my rainy season/non-rainy season posts about going long or short !!??
I have almost perfected the system, I just need to work out what to do about cloudy days in the non-rainy season ....

 

[rathcoole_exile]

Mikey, even this guy has socks; times are tough, 'eh?

looks uncannily like spanish in five years time, "trading the Street", or should that be, in the street .....

 

[spanish89]

Wait theres more... :cheesy::cheesy::cheesy::cheesy:

Brent Crude Aug Fut - 14 Jul 08 5401469 01/07/2008 18:55 Buy 2 0.01 141.56 £36.00
Brent Crude Aug Fut - 14 Jul 08 5401521 01/07/2008 18:57 Sell 2 0.01 141.26
Brent Crude Aug Fut - 14 Jul 08 5401548 01/07/2008 19:00 Buy 2 0.01 140.98 £56.00
Brent Crude Aug Fut - 14 Jul 08 5401556 01/07/2008 19:01 Sell 2 0.01 141.20
Brent Crude Aug Fut - 14 Jul 08 5401574 01/07/2008 19:03 Buy 2 0.01 141.00 £40.00
Brent Crude Aug Fut - 14 Jul 08 5401586 01/07/2008 19:04 Sell 2 0.01 140.87
Brent Crude Aug Fut - 14 Jul 08 5401599 01/07/2008 19:05 Buy 2 0.01 140.62 £50.00
Brent Crude Aug Fut - 14 Jul 08 5401610 01/07/2008 19:06 Sell 3 0.01 140.48
Brent Crude Aug Fut - 14 Jul 08 5401622 01/07/2008 19:07 Buy 3 0.01 140.36 £36.00
Brent Crude Aug Fut - 14 Jul 08 5401646 01/07/2008 19:08 Sell 2 0.01 140.31
Brent Crude Aug Fut - 14 Jul 08 5401691 01/07/2008 19:13 Sell 1 0.01 140.71
Brent Crude Aug Fut - 14 Jul 08 5401729 01/07/2008 19:21 Buy 1 0.01 140.47 £24.00
Brent Crude Aug Fut - 14 Jul 08 5401761 01/07/2008 19:25 Buy 2 0.01 140.17 £28.00
Brent Crude Aug Fut - 14 Jul 08 5401763 01/07/2008 19:27 Sell 2 0.01 140.27
Brent Crude Aug Fut - 14 Jul 08 5401800 01/07/2008 19:32 Sell 1 0.01 141.10
Brent Crude Aug Fut - 14 Jul 08 5401950 01/07/2008 19:55 Buy 1 0.01 141.22 £-12.00



And my dow that you were all saying close earlier at £200 loss, now is at -25..

 

[spanish89]

And that was all with paying 12-pip spread each time, and as i was £1/£2 pip, over 15 trades,
i should have made an extra £252 tht i had to pay them on spreads!!!

 

[rawrschach]

where's your £450 ftse loss in all this?

 

[spanish89]

i recouped that last week son..

keep up.

This pure profit

 

[shadowninja]

So tomorrow you'll prove to me that trading EUR/USD is easy. 1000 pips by Friday 10pm as agreed in the chatroom. I look forward to being proven wrong.

 

[spanish89]

Wall.Street Fut - 18 Jul 08
Wall.Street Fut - 18 Jul 08 5404650 02/07/2008 13:15 Sell 1 1 11401
Wall.Street Fut - 18 Jul 08 5404666 02/07/2008 13:15 Sell 1 1 11401
Wall.Street Fut - 18 Jul 08 5404666 02/07/2008 13:18 Buy 1 1 0 £Stop Loss Move
Wall.Street Fut - 18 Jul 08 5404788 02/07/2008 13:31 Buy 1 1 11396 £5.00
Wall.Street Fut - 18 Jul 08 5404795 02/07/2008 13:32 Sell 1 1 11388
Wall.Street Fut - 18 Jul 08 5404855 02/07/2008 13:32 Sell 1 1 11388
Wall.Street Fut - 18 Jul 08 5404855 02/07/2008 13:37 Buy 1 1 0 £Stop Loss Move
Wall.Street Fut - 18 Jul 08 5405046 02/07/2008 13:57 Buy 1 1 11378 £10.00
Wall.Street Fut - 18 Jul 08 5405105 02/07/2008 14:01 Sell 1 1 11368
Wall.Street Fut - 18 Jul 08 5406983 02/07/2008 16:28 Buy 1 1 11356 £12.00
Wall.Street Fut - 18 Jul 08 5407004 02/07/2008 16:28 Sell 1 1 11352
Wall.Street Fut - 18 Jul 08 5407067 02/07/2008 16:33 Buy 1 1 11339 £13.00
Wall.Street Fut - 18 Jul 08 5407074 02/07/2008 16:34 Sell 1 1 11340
Wall.Street Fut - 18 Jul 08 5407102 02/07/2008 16:37 Buy 1 1 11338 £2.00
Wall.Street Fut - 18 Jul 08 5407107 02/07/2008 16:38 Sell 1 1 11339
Wall.Street Fut - 18 Jul 08 5407238 02/07/2008 16:47 Buy 1 1 11329 £10.00


Thats £52 easy cash today again!

And am holidng my oil short still.

 

[candles]

beats working for a living, eh?

 

[spanish89]

beats working for a living, eh?

Sure does mate... :cheesy:

Never ever had an actual salaried job in my entire life!!

 

[spanish89]

My next forecast is oil hitting $136/7 eithe rthis week or next.

Im holding my short on it from 140.27 at £2 tick.

stoploss at $152.60 ofcourse..

 

[arabianights]

Spanish you know fifty quid for a day's work is basically minimum wage yeah?

 

[Joey25]

My next forecast is oil hitting $136/7 eithe rthis week or next.

Im holding my short on it from 140.27 at £2 tick.

stoploss at $152.60 ofcourse..

I don't know how you do it S. You seem to be right 75% of the time.

 

[spanish89]

Spanish you know fifty quid for a day's work is basically minimum wage yeah?

Always someone to cristicise no matter whether your going great or crap..


But yep mate im fully aware that the current minimum wage is £4.60 per hour.

I sat working for about 25mins today, and made £52 for that!

Yesterday i did about 7hours work and made £495!!

I do a mix of scalping and longterm trading though, and my oil longterm i am targeting a 300ticks profit at £2 pip in the next few days!! :cheesy::cheesy:


And all this is with an account of just £2,600 now! :cheesy:

 

[spanish89]

So if i was working in a job in some shop or factory, working hard on my feet all day 9 t 5 with 1 hour lunch break i would have made £32 today, and then would have all travel costs and taxes!!

Instead i sat back, sleeping at whatever times i want, and made about £550 over 2days for under 8hours work.

 

[candles]

Good luck Spanish. If I could consitently make £50 per day from trading at home i'd be very happy.

For the record, could you put your profit/loss in the following format for me 'cos I musst admit I lost track after a while:

Starting balance:
Closed p/l:
Open p/l:

cheers

 

[Joey25]

So if i was working in a job in some shop or factory, working hard on my feet all day 9 t 5 with 1 hour lunch break i would have made £32 today, and then would have all travel costs and taxes!!

Instead i sat back, sleeping at whatever times i want, and made about £550 over 2days for under 8hours work.

Why don't you capitalize while you're doing well, and give those prop firms a ring?
Even if the risk management needs attention, someone would probably be interested in you now.

 

[mrpunter]

spanish, nobody is in your forum!?

 

[ivantchourilov]

Love him or loathe him, think his methods are good or he is outright gambling at least the guy is having a go. Posting trades honestly and not being economical with the truth when it comes to losers. This is a lesson a lot of people could learn on Trade2Win.

I clicked on to Spanish's Journal to read about Spanish's trades. I have seen posts from the man himself peppered between rants from alleged profitable traders. I say alleged because they appear to talk the talk but have provided no proof that they walk the walk. IT's easy to sit there behind an assumed name Slagging other peoples efforts off and claiming to be a trader to give George Soros a run for his money. IF that is the case post some evidence to back it up.

More shocking is that T2W Advisors and a moderator are involved in mocking the poor guy. I don't expect this post to hang around long for that reason.

If I wanted to read about profitable trades that are posted 2 hours after the event I would check Firewalkers "live trading" thread or jackanory.com. IF I wanted some spiel on how fundamentals move the market I certainly wouldn't rely on the waffle that I have read here.

I do have an idea, why don't Gooseman and IVANTCHOURILOV create a journal and post all their calls pre the data releases with stops too and we can see how succesful they are. The two of them seem to talk like John Keynes Long lost Great Grandsons. Would be interested in seeing their theories on trading the markets called live rather than after the event.

That is of course if Gooseman has time, between his squawkbox activites and his trade2win essays it's a wonder he has time to trade.

haha maybe i will one day. we will see

 

[spanish89]

I don't know how you do it S. You seem to be right 75% of the time.

:cheesy::cheesy::cheesy:

whistling:whistling

What can i say.. :cheesy:

I dont force anyone to follow my calls n forecasts but well just let the results speak for themselves...

I called the ftse sell on sunday night 2weeks ago when it was at 5945, over next 2weeks it crashed to near the 5year record low at about 5467!

I called the oil pullback at 137.67 2weeks ago, and it went back to 130!

On sunday night I forecast exactly what the oil would do on monday (2days ago), and was correct with dangerous precison!

And i then made my calls on oil for yesterday and traded it live, and well the results spoke for themselves as i made £595 from it + £30 scalping ftse day before in 2 trades.

And i forecasted the dow fall today lastnight, and i made £52 from it at £1 per pip.

cheesy::whistling



And my next call is oil will fall back and hit 136/37 this week or next.

Upto you if you wnat to listen and follow it with your own cash though.