Spooky crude oil again

I am not God, I am not a crook : I will never pretend I can catch any given move from the beginning to its end. Never believe a guy who says such a non-sense. I am more than happy if I can grab one third of the move, usually the median section. And, more often, some ticks, here and there..

A warm hello to you all! I am on the mountains with family to avoid the awful heat of this bloody summer. After some comments on the previous post, i owe an explanation of my "disappearance". So, here is what I wrote to my friend Christian recently :

"..I continue to trade. As you know very well, nobody can stop this.. It is a kind of addiction.. better then to be profitable to avoid a complete ruin caused by addiction. During the 8 years I am in this stuff, i was losing money in the first 3, it took me another 3 years to break even and now i make some. But I easily give back the gains for a life with no forex and no pain. This is the reason I stopped posting in my blog. I don't want others to think that is an easy money scheme all this. It is not and the price to pay for these gains is your peace in mind, your life? I could destroy lifes with this damned blog.. " Hope you understand now..

The importance of the trailing stop

On the last trade, I moved the SL at +2 (from -10), as soon as I felt a little double top could happen there. I could lose the probable move up this way or I could save my skin..

A typical day

This is a typical example of what I am doing recently : wait for one of the numerous significant moves of CL during EVERY day and go with the flow.

Great moves

The usual, violent moves of crude oil, up and down without reason. Easy pips, IF you respect the stop loss.

Crystal clear

(Trading) cannot be simpler than that.

Tiny gains on a tiny market

I risked on the first trade only, then I saw the shallow market and I went for the (very) little.

Before the storm

I got a few pips and then I left monitors to take care of my daughters. When I came back, price was 70 pips down...

Micro-surgery

What are 9 ticks for the huge volatility of crude oil? Almost nothing. That's why it is relatively easy to catch them. No need to know what did the Iranians  in Ormuz. No need to anticipate and get the entire price movement (there are MANY, anyway, everyday). All I need is to cash in some ticks here and there, based solely on momentum. Today I had these 9 and 10 more a little bit earlier. It is relatively easy if you are not greedy. Like doing micro-surgery on an elephant.

Rusty

Back to trading after a loong time. I partially lost my reflexes and had to cope with fear. The fear was in the first and third trades when i closed them early. Fourth trade came close to my stop by 1 pip and then resumed up, I was lucky.

Under fire

Historic buildings in the center of Athens, neoclassical jewels of the 19th century are burning this evening, at the moment we wait for the crucial vote. The forces of chaos, the inner pulsions of some for destruction and death came to the surface again..

Black days

Hi Andrea, hi Christian!

I hope you are fine and family too!



I , personally disappeared from earth recently because i am in deep depression. I felt unable to communicate with anybody in the last month, except my children and wife. I don't trade since January, I lost my motivation, and I made childish mistakes before this -I am an awful trader when depressed. I have to finish with my day job, my two bigger clients (advertising companies) didn't pay me ( they got busted) and i lost thousands of euros, so I have to close business myself too. All that (my mood and situation) is the result of the disastrous moment of Greece right now. I saw some of my best friends and relatives to pass into poverty within weeks, losing jobs and their house. Not only the people but the middle classes also are heavily under pressure now in my infamous country. We live in a total and depressing uncertainty. Tomorrow is the most crucial day in modern Greece's history. The parliament must approve the new bailout terms. Tens of members of the parliament will not vote for this. If the terms are not voted, Greece will go busted within three days.

My occupations right now? I spend a lot of time with my daughters -the biggest remedy-, I listen to music all day long, I read, I help the suffering people when I can , I walk my dog. And I wait.

Post-NFP

Almost a lucky trade in post-NFP session. Price had compassion for my large stoploss and resumed down to give some gains.

Crude oil

Too late (entry) for the second trade, on already extended price move. Better wait for the necessary little correction.

The Artist (2011)

What a film! A splendid, nostalgic metaphor of the silent Hollywood movies era, with superb story, actors, art directing, photography, music!! A French director made this big achievement, a genious rendition of an all-american theme and I bet my account that no American  could do the same! Despite that, American critics are not blind : please read the enthusiastic review of the best of them, Roger Ebert.

An absolut must-see film, it made my first of the year evening.

Happy new year!

Happy new year to all!

Back from a busy December with very little trading. I was then in the mountains, whithout connection, for the last 8 days.

My best wish for you all and me : be wiser and less greedy, be less dependent of money and enjoy life. Life is so short.

I had the time to enjoy several books, cds, moovies recently. Please allow me to write about these.