CanOz
Home runs feel good, but base hits pay bills!
- Joined
- 11 July 2006
- Posts
- 11,543
- Reactions
- 519
Right, have they all got like a "No.1 Ally election party" hangover and wanted a little lie in??
Weird....
International markets traders banter
- Thread starter Trembling Hand
- Start date
Right, have they all got like a "No.1 Ally election party" hangover and wanted a little lie in??
Weird....
CanOz
Home runs feel good, but base hits pay bills!
- Joined
- 11 July 2006
- Posts
- 11,543
- Reactions
- 519
Trembling Hand
Can be found on the bid
- Joined
- 10 June 2007
- Posts
- 8,852
- Reactions
- 204
LOL. Yeah the longs got it Greek style !
- Joined
- 9 June 2011
- Posts
- 1,926
- Reactions
- 480
markets were open but it was some type of holiday today (can't remember which one)
CanOz
Home runs feel good, but base hits pay bills!
- Joined
- 11 July 2006
- Posts
- 11,543
- Reactions
- 519
Hey kids,
Just thought I'd drop in and say hello. Been extremely busy in my new job and I'm moving back to Sydney this week to be closer to the base of operations and provde technical input in client meetings. I am going to miss a lot of things about Melbourne, but the temperature won't be one of them.
I'm looking at the current retracement in equities and thinking if it was a serious bear down move then credit would be leading a move to show it (like the TED spread stubborn rise in 2011). So where does that leave us? With one last leg up into the end of the year and probably an ugly blowoff top very early next year I guess.
Of course there is always the chance that on the one time I decide not to play "Taleb" off this pattern it does a 1987 on us, but them is the tough decisions of a trader:
I'm recently long a couple of Feb '13 straddles in XLF and XLE on the NYSE and also holding longs STW and SLF on the ASX from much earlier in the year (Jul and Feb respectively), trailing stops on those. I've refined my strategy down to basically a long volatility and a "short volatility" system and kicked out all the highly correlated stuff.
That's about it from me. Hope everyone is getting along well in the markets and enjoying the opportunities out there.
Just thought I'd drop in and say hello. Been extremely busy in my new job and I'm moving back to Sydney this week to be closer to the base of operations and provde technical input in client meetings. I am going to miss a lot of things about Melbourne, but the temperature won't be one of them.
I'm looking at the current retracement in equities and thinking if it was a serious bear down move then credit would be leading a move to show it (like the TED spread stubborn rise in 2011). So where does that leave us? With one last leg up into the end of the year and probably an ugly blowoff top very early next year I guess.
Of course there is always the chance that on the one time I decide not to play "Taleb" off this pattern it does a 1987 on us, but them is the tough decisions of a trader
: I'm recently long a couple of Feb '13 straddles in XLF and XLE on the NYSE and also holding longs STW and SLF on the ASX from much earlier in the year (Jul and Feb respectively), trailing stops on those. I've refined my strategy down to basically a long volatility and a "short volatility" system and kicked out all the highly correlated stuff.
That's about it from me. Hope everyone is getting along well in the markets and enjoying the opportunities out there.
Trembling Hand
Can be found on the bid
- Joined
- 10 June 2007
- Posts
- 8,852
- Reactions
- 204
So another Japanese government/prime minister is good? NIKKEI up 1%
wayneL
VIVA LA LIBERTAD, CARAJO!
- Joined
- 9 July 2004
- Posts
- 25,588
- Reactions
- 12,712
So another Japanese government/prime minister is good? NIKKEI up 1%
WAR IS PEACE, FREEDOM IS SLAVERY, and IGNORANCE IS STRENGTH
All Proles know these things.
Trembling Hand
Can be found on the bid
- Joined
- 10 June 2007
- Posts
- 8,852
- Reactions
- 204
:frown:Daily stop........ BOOM!!
Grrrrrr!
:alcohol:
- Joined
- 1 October 2008
- Posts
- 3,733
- Reactions
- 391
Palestinians picking a war with the Jews is hardly helping matters.
- Joined
- 17 August 2006
- Posts
- 7,744
- Reactions
- 8,339
Daily stop........ BOOM!!
Grrrrrr!
:alcohol:
Lol ..... If I'm any reader of "Smiley" language TH ...... You had a crapper of a day, but a very good week!!
Can you share the trade (or the gist of it) that crapped the day out?? Understand if not, but if so ... much appreciated ... Cheers
- Joined
- 1 October 2008
- Posts
- 3,733
- Reactions
- 391
CanOz
Home runs feel good, but base hits pay bills!
- Joined
- 11 July 2006
- Posts
- 11,543
- Reactions
- 519
Definatly due for a bounce...retest of the wedge break and then resume the downtrend. Maybe this will be the Santa Claus rally.
CanOz
CanOz
Trembling Hand
Can be found on the bid
- Joined
- 10 June 2007
- Posts
- 8,852
- Reactions
- 204
Can you share the trade (or the gist of it) that crapped the day out?? Understand if not, but if so ... much appreciated ... Cheers
No single trade wrecks my day. Got to be a whole heap of crap trading. In Fridays case was a matter of just putting on a position a bit too soon and getting stopped out. Then it rolled back to my initial entry so I tried again which of course got stopped out again. This happened for about an hour either side of lunch. Finally I did the old flip-a-roo and of course you know what happens.
It breaks big time as per my first position. BOOM....sweep...cannot get out ..... All over Rover.....
CanOz
Home runs feel good, but base hits pay bills!
- Joined
- 11 July 2006
- Posts
- 11,543
- Reactions
- 519
No single trade wrecks my day. Got to be a whole heap of crap trading. In Fridays case was a matter of just putting on a position a bit too soon and getting stopped out. Then it rolled back to my initial entry so I tried again which of course got stopped out again. This happened for about an hour either side of lunch. Finally I did the old flip-a-roo and of course you know what happens.
Did you happen to catch that big break after lunch today
? 400 i think...man that got thin in a hurry...then again after the retrace.Of course i was a spectator
CanOz
Trembling Hand
Can be found on the bid
- Joined
- 10 June 2007
- Posts
- 8,852
- Reactions
- 204
- Joined
- 17 August 2006
- Posts
- 7,744
- Reactions
- 8,339
No single trade wrecks my day. Got to be a whole heap of crap trading. In Fridays case was a matter of just putting on a position a bit too soon and getting stopped out. Then it rolled back to my initial entry so I tried again which of course got stopped out again. This happened for about an hour either side of lunch. Finally I did the old flip-a-roo and of course you know what happens.
Thanks for the rundown TH ...... sounds like my standard Forex trade ..... although my one buck per pip is a bit different to your mega contracts!!
Actually looked a bit unlucky to get taken out on those first two trades. If one of those had stuck it would have been a totally different story.
How's the trading going Amegos?
Not that I use anything like that for my own trading, I'm hoping some pattern (or variation) like that is going to bring some long term monies action into the treasuries one of these coming nights for what will hopefully be a nice trending night.
Not that I use anything like that for my own trading, I'm hoping some pattern (or variation) like that is going to bring some long term monies action into the treasuries one of these coming nights for what will hopefully be a nice trending night.
Trembling Hand
Can be found on the bid
- Joined
- 10 June 2007
- Posts
- 8,852
- Reactions
- 204
Honkers Largest range day for 6 months?
Largest range day for 6 months?Similar threads
