Thursday, April 30, 2009
A break even session
Lazy morning after yesterday 's evening gains.
This chart is for Christian who likes range charts more ! (me too).
This chart is for Christian who likes range charts more ! (me too).
Labels:
forex,
trade analysis
Wednesday, April 29, 2009
Post-FOMC
Better take the 50 pips and leave screens, instead of taking the consolidation period also, as on this.
That's all for today.
That's all for today.
Labels:
forex,
trade analysis
FOMC today
FOMC announcement is the big event in forex world recently, much bigger than NFP. It happens today, at 20:15 CET. No trades until then.
Tuesday, April 28, 2009
Saturday, April 25, 2009
The maths of symmetry
During this week I had the time to read this fine book. Not very known as du Sautoy's first book (The Music of the primes) but very stimulating, with a lot of ideas. It explores the mathematician's quest to understand the mystery of symmetry in nature, the art and the universe, from the age of Ancient Greeks (Plato : "God ever geometrizes") to the modern era. The only problem is that the writer has an ego bigger than the egos of Gauss, Abel and von Neumann putted together... Too many I's to grasp for a maths book.. The really great minds are more humble...But the book is worth reading for the stimulation you get.
Back from heaven..
End of one week on the mountains... Spent only one hour on trading for the entire week, with a borrowed mobile card.
Labels:
other
Friday, April 24, 2009
Wednesday, April 22, 2009
Friday, April 17, 2009
Thursday, April 16, 2009
The day after..
Entered this after the fourth higher low, TL break and indicator signals. Closed at +7 on hand.
Back from a serious crash in ninjatrader, i have to remake templates etc, and (our) Easter vacation is approaching...
Back from a serious crash in ninjatrader, i have to remake templates etc, and (our) Easter vacation is approaching...
Labels:
forex,
trade analysis
Tuesday, April 14, 2009
Morning session
While on the phone with a client I missed this almost perfect entry (in the circle). I insisted to enter after the end of the call ...and about the end of the trend... Closed the trade fastly at least. Re-entered on rejection of 50% Fibo.
Labels:
forex,
trade analysis
Saturday, April 11, 2009
First toy
I was digging in my fathers' home attic today and finaly I found it : a terrific Brunsviga 13 KL, THE mechanical calculator of 50's and 60's. It was my favorite toy at age 4 or 5, back in the 60's. A little later, at age 8, I was working in the family shop during the holidays and vacation periods. I was the little boy at the desk, doing the accounts of clients with this machine. Work and pleasure...
Two or three years later, around 1973, the first Hewlett Packard electronic calculator landed in the shop, the famous HP-35 (using the reverse polish notation). Its tiny red led digits impressed me a lot. Followed by the first bloody pc, and so on. The great Brunswiga became a relic of the past and disappeared..
Spent the day cleaning the 9-kilo german beauty and reading on the net about it. Solved some trigonometry equations then, with the help of this lady. It's amazing how many mathematical functions can be done with this apparently simple and totally mechanical device. Former models were used even for cryptography during WW2, both from Allies and Germans. A fascinating world... A new passion for mechanical calculators?..
Two or three years later, around 1973, the first Hewlett Packard electronic calculator landed in the shop, the famous HP-35 (using the reverse polish notation). Its tiny red led digits impressed me a lot. Followed by the first bloody pc, and so on. The great Brunswiga became a relic of the past and disappeared..
Spent the day cleaning the 9-kilo german beauty and reading on the net about it. Solved some trigonometry equations then, with the help of this lady. It's amazing how many mathematical functions can be done with this apparently simple and totally mechanical device. Former models were used even for cryptography during WW2, both from Allies and Germans. A fascinating world... A new passion for mechanical calculators?..
Labels:
other
Friday, April 10, 2009
Fateless (2005)
Director of photography Lajos Koltai made this masterpiece at age 60, his first film as a director. It's about the life of a young Jewish - Hungarian boy in a concentration camp, in 1944. Very different of what you have seen on the subject (Shindler's list, La vita e bella etc). Short scenes full of emotion, almost silent, splendid monochromatic photography and breath-taking atmosphere. Very nice reconstitution of Budapest during the war too.
Based on a master autobiogpaphy novel by the great Hungarian , Imre Kertesz.
Based on a master autobiogpaphy novel by the great Hungarian , Imre Kertesz.
Labels:
movies
Departures- Okuribito (2008)
An excellent film from Japan, by director Yojiro Takita. Departures is the comical and dramatic story of an unemployed cellist who finds work cleaning and preparing the deceased for burial. A splendid meditation on humans and their destiny. Oscar for best foreign film of 2009. One of my best films in the last (many) years. An absolute must.
Labels:
movies
Thursday, April 9, 2009
Lazy morning
First trade was closed in the middle of the move with no reason, an obvious other was missed later. I was sleepy this morning, films and music all night long, not sleeped at all. Bad for the trading business...
Labels:
forex,
trade analysis
Wednesday, April 8, 2009
Correct exit
Entry on first trade was late and that gave a loss. Exit on third was on time (ascending CCI).
That's all for the morning.
That's all for the morning.
Labels:
forex,
trade analysis
Tuesday, April 7, 2009
Bad trading
On the first trade I had a +8 on hand and waited for a 10 and that turned to a -2,3... On the second, i was super confident that the breakout was coming and refused to close... Price went to -18 and then resumed the up move, i closed at +7,2.
Old bad habits never left me, they are just less frequent now. Trading is an endless fight for a better self control.
Old bad habits never left me, they are just less frequent now. Trading is an endless fight for a better self control.
Labels:
forex,
trade analysis,
trades : the ugly ones
Monday, April 6, 2009
Textbook London opening
First trade was wrong: trendline break not confirmed, CCI falling and trade against the spine (thick blue line). The trades that followed were more straight forwarded, net total of 13,6 pips for this session.
Price had a false break of the Asian low, just to collect some stops and then continued the other way. A textbook reversal of London opening. I learned my lesson and closed early to keep some pips.
Price had a false break of the Asian low, just to collect some stops and then continued the other way. A textbook reversal of London opening. I learned my lesson and closed early to keep some pips.
Labels:
forex,
trade analysis
Sunday, April 5, 2009
The big Vladimir
I found this on YouTube and wanted to share it with you : In 1986, Vladimir Horowitz, one of the biggest pianists of the 20th century, returns to Moscow for a concert, after 61 years of exile. He is an old man, just 2 years before his death. He plays Schumann's Traumerei, as an encore. All his life in 2 minutes of divine music. The audience, all the audience, is crying.
Labels:
music
Saturday, April 4, 2009
Post -NFP trades
Back from my trip, I had these trades on Friday afternoon, in the rather dull post-NFP session. Playing before and after the trend line break.
Labels:
forex,
trade analysis
Wednesday, April 1, 2009
April's fool
Mediocre start of the month, as I was trapped inside the tight range at London opening and pre-G20. Price stalled an eternity inside a small triangle in the hourly chart, tried both sides to break with no success. That makes traders impatient, my impatience generated the 3rd trade here. After this I missed the most important setup on this chart.
I went off line then and missed the big move up which followed an hour later.. Enough..
I went off line then and missed the big move up which followed an hour later.. Enough..
Labels:
forex,
trade analysis,
trades : the ugly ones
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