scwizard (bei scwizard)

Gewinn : +117.3%
Drawdown 68.10%
Pips: 736.2
Trades 516
Gewonnen:
Verloren:
Typ: Real
Hebel: 1:50
Trading: Manuell

scwizard Diskussion

Oct 02, 2010 at 22:36
4,811 Angesehen
90 Replies
Mitglied seit Oct 02, 2010   94 Posts
Oct 19, 2010 at 17:48
Fisher: <i>In my darkest moments, I have begun to wonder if the monetary accommodation we have already engineered might even be working in the wrong places.</i>

So you take a giant tub, fill it with money and leave it out in the open. Then you say:
'Sometimes I wonder, if the money in the tub is going to robbers and thieves instead of honest hard working Americans...'

WOWOWOWOWOWOWOWOWOWOWOWOWOWOWOWOWOWOWOWOW
u gotta skate
Mitglied seit Jul 06, 2010   8 Posts
Oct 19, 2010 at 18:05
The Reasons Why Monday's Are Usually Positive. Informative. The reason why I normally don't trade Mondays. Volume is too light and prices due strange things. I also find Fridays are 50/50 too.
Mitglied seit Oct 02, 2010   94 Posts
Oct 19, 2010 at 18:10
YAYIFICATIONS!

I DOUBLED MY ACC (equity not balance yet) :D
u gotta skate
Mitglied seit Oct 02, 2010   94 Posts
Oct 19, 2010 at 20:58
<i>I followed up on some recent conversations with some of my customers and found that prices at the beef markets were low....nobody can afford to feed their cattle so they are selling them...flooding the markets with beef...initially you will see some good buys on beef, but by next spring, there will be shortages and higher prices. Same with pork, chickens, eggs, and thusly...passed all the way up the commercial and grocery food chain.Higher grain costs mean higher prices on pasta, loaf breads, cereals, cake mixes, etc.</i>
u gotta skate
Mitglied seit Oct 02, 2010   94 Posts
Oct 19, 2010 at 23:28
https://www.nytimes.com/2010/10/20/business/global/20rare.html

Is China trying to stop Ben from doing QE2?
u gotta skate
Mitglied seit Jul 23, 2010   70 Posts
Oct 20, 2010 at 21:18 (bearbeitet Oct 20, 2010 at 21:20)
thanks for the encouragement, I mostly need to wait for better entries, have more faith in my long terms ( i always bail too early) and get out of my own way. despite my losses, I am getting better at sniffing out the market sentiment and price sleuthing.

*edit*
staying on top of this game is tough, because the rules change every day :P
go with the flow; just be on the right end of the wave
Mitglied seit Oct 02, 2010   94 Posts
Oct 21, 2010 at 20:46
Very slow recently. Been trading EU with smaller than usual lots to.

Plans are to long EUR/GBP during Tokyo on this basis: https://fxtrade.oanda.com/analysis/open-position-ratios
Then to short gold late Friday.
u gotta skate
Mitglied seit Oct 02, 2010   94 Posts
Oct 22, 2010 at 07:41 (bearbeitet Oct 22, 2010 at 07:42)
I could swear EU was bull today, but then it moves against me.

JohnConnor said there was fractal convergence at the 1.39174 level, so when it broke that level I went short. After that happened a lot of volume started to pour in. I'm kind of nervous and I don't really understand what's happening, but I guess I'm well positioned for it.
u gotta skate
Mitglied seit Oct 02, 2010   94 Posts
Oct 22, 2010 at 08:48
Wow myfxbook deleted my attached images.

SUPER LAME.
u gotta skate
Mitglied seit Oct 02, 2010   94 Posts
Oct 22, 2010 at 08:50 (bearbeitet Oct 22, 2010 at 09:00)
This was my night:

<a href='https://i55.tinypic.com/ngd44g.png'' target='_blank'><img src='https://i55.tinypic.com/ngd44g.png'/></a>
u gotta skate
Mitglied seit Oct 02, 2010   94 Posts
Oct 22, 2010 at 09:13 (bearbeitet Oct 22, 2010 at 09:30)
Oh wow, that position got murdered as well. I've now lost every trade. My balance is now 64.35.

This means I've learned, it's the power of humans.
u gotta skate
Mitglied seit Oct 02, 2010   94 Posts
Oct 22, 2010 at 14:49
Today the market didn't have a direction.

I can't for the life of me figure out why this is so.

Perhaps it'll be clearer after sleep.
u gotta skate
Mitglied seit Oct 02, 2010   94 Posts
Oct 22, 2010 at 20:47
When's the last time the market stayed in a 4.22 range on the S&P500 all day?
u gotta skate
Mitglied seit Oct 02, 2010   94 Posts
Oct 23, 2010 at 05:30
POMO TOP!

https://www.zerohedge.com/article/goldman-advises-clients-front-run-fed-pomo

Also:
<a href='https://i52.tinypic.com/mcyede.png'><img src='https://i52.tinypic.com/mcyede.png'></a>

Also:
<a href='https://i52.tinypic.com/108ilpf.png'><img src='https://i52.tinypic.com/108ilpf.png'></a?

All these signs point to the days of longing SPY/AU on POMO days being over. Next week I will be short AU on non POMO days.
u gotta skate
Mitglied seit Oct 02, 2010   94 Posts
Oct 24, 2010 at 03:20 (bearbeitet Oct 24, 2010 at 03:26)
Now it's time to talk about tail risk.

First we have Flash Crash 2, flashier and crashier. I don't think this is really a risk by itself because the exchanges have shown that they're willing to cancel 'erroneous' trades manually.

Second we have the foreclosure thing. I don't think that's really a risk by itself because the government has shown that they're willing to stop big banks from suddenly defaulting. I still think it will lead to three standard deviation down move, but ultimately the risk will be contained.

Third we have a USD confidence crisis. I think that this risk is a possibility. The key event to watch out for is if the government ever pegs food stamp benefits to food prices, or tries to fix food prices. This is unlikely though, especially so if the Republicans take the House and Senate.

There's always the possibility of some combination of the above. For instance after BoA reveals its bankrupt, someone decides to 'hack' the markets.

And of course we have the unknown, which is a huge risk of course. Impossible to hedge against sadly though.
u gotta skate
Mitglied seit Oct 02, 2010   94 Posts
Oct 25, 2010 at 01:13 (bearbeitet Oct 25, 2010 at 01:14)
Ouch that stings.

Here's what happened. I was short, I got squeezed.

The banks took advantage of the low volume, and drove EU up to S2 (taking other U pairs with it) before Hong Kong even opened.

I was short gold, so I was really really over leveraged. You can clearly see the result.

It has to fall back from here. Unless they're going to squeeze up to S3 before London opens somehow. Or maybe during London. That would just be absurd.
u gotta skate
Mitglied seit Oct 02, 2010   94 Posts
Oct 25, 2010 at 05:47
Oh geez, will AU reach S3???

This is unreal. If AU gets that high I'm going all in short.
u gotta skate
Mitglied seit Oct 02, 2010   94 Posts
Oct 25, 2010 at 07:00
And I'm all in short...

if AU manages to break parity today, then we're well into tail territory.
u gotta skate
Mitglied seit Oct 02, 2010   94 Posts
Oct 25, 2010 at 08:04
https://market-ticker.org/akcs-www?post=170185

NOW I'VE LOST IT

I KNOW I CAN KILL

FUCK YOU GOLDMAN SACHS, FUCK YOU BEN BERNANKE

4 trillion dollars? That's weak. How about 6 trillion dollars, that's the number CNBC gave. Or how about 8 trillion dollars? Or why not 12 trillion dollars.

In theory you'd think that I could only lose the 50$ in my OANDA account, but here in the Untied States we're all long USD whether we like it or not. At this rate I'm going to have to beg my dad for a grocery allowance increase because the prices have risen by 50%.
u gotta skate
Mitglied seit Oct 02, 2010   94 Posts
Oct 25, 2010 at 08:17
<a href='https://i55.tinypic.com/2dah9jc.png'><img src=' /></a>

I hate this market SO much. So apparently trendlines don't work anymore. After all why would trendlines work when Ben is going to print 25 trillion USD of QE2?
u gotta skate
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