Comments on: Hard to find any rhythm in this market https://fxww.com/hard-to-find-any-rhythm-in-this-market/ The Professional Source Tue, 16 Jul 2013 05:39:29 +0000 hourly 1 By: Chngster https://fxww.com/hard-to-find-any-rhythm-in-this-market/#comment-24851 Tue, 16 Jul 2013 05:39:29 +0000 http://381c099c8f.nxcli.net/?p=9489#comment-24851 Yeah I manage my expectations of that by thinking that they are once in a blue moon opportunities. For example like that friggin time the SNB raised the floor, I really shoulda went ballistic even though I entered late…the next 600 pips were a given. And probably again that day a few months ago when we traded the BoJ announcement. Those were key moments.

]]> By: Sean Lee https://fxww.com/hard-to-find-any-rhythm-in-this-market/#comment-24849 Tue, 16 Jul 2013 05:11:09 +0000 http://381c099c8f.nxcli.net/?p=9489#comment-24849 One of these days I’ll go all in, just not today

]]> By: Chngster https://fxww.com/hard-to-find-any-rhythm-in-this-market/#comment-24848 Tue, 16 Jul 2013 04:53:47 +0000 http://381c099c8f.nxcli.net/?p=9489#comment-24848 Either way, I’d rather be the hammer than the nail

]]> By: Chngster https://fxww.com/hard-to-find-any-rhythm-in-this-market/#comment-24847 Tue, 16 Jul 2013 04:52:47 +0000 http://381c099c8f.nxcli.net/?p=9489#comment-24847 Hahaha… 🙂 Suffering, whether you are in green or in red, such is the life of a trader…

]]> By: Sean Lee https://fxww.com/hard-to-find-any-rhythm-in-this-market/#comment-24844 Tue, 16 Jul 2013 03:59:21 +0000 http://381c099c8f.nxcli.net/?p=9489#comment-24844 Keeping myself what Chngster 🙂 Very good point though. I rarely ride a trade to its ultimate conclusion which is honestly the one thing that stops me making huge profits as opposed to decent profits. It’s very difficuly psychologically to watch a trade move 10 big figs and then not book profits, but even load up more for next 10! Very difficult

]]> By: Chngster https://fxww.com/hard-to-find-any-rhythm-in-this-market/#comment-24839 Tue, 16 Jul 2013 02:32:54 +0000 http://381c099c8f.nxcli.net/?p=9489#comment-24839 GM Sean. Just a question on psychology.
We all know emotions take over from logic as soon as you commit to a trade. But following a trade to its logical conclusion is really the best thing to do (i.e. ride the trend, not exiting too early, etc)

What tips do you have to keeping yourself Zen like in the middle of a trade?

]]> By: Sean Lee https://fxww.com/hard-to-find-any-rhythm-in-this-market/#comment-24830 Mon, 15 Jul 2013 22:26:33 +0000 http://381c099c8f.nxcli.net/?p=9489#comment-24830 Long term I have no doubt that EUR/GBP heads back towards median levels at 75 but what happens the next 250 pips? No idea I’m afraid. And trading this cross is so slow and takes up part of my limited attention span that its just not worth it for me

]]> By: JasperD https://fxww.com/hard-to-find-any-rhythm-in-this-market/#comment-24828 Mon, 15 Jul 2013 22:01:10 +0000 http://381c099c8f.nxcli.net/?p=9489#comment-24828 Hi Sean, I guess one has to be bearish EURGBP before getting bullish on GBPCHF. Can you find a reason to sell EURGBP at this time? How about your 0.75 target from a while ago?

]]> By: Sean Lee https://fxww.com/hard-to-find-any-rhythm-in-this-market/#comment-24827 Mon, 15 Jul 2013 21:48:29 +0000 http://381c099c8f.nxcli.net/?p=9489#comment-24827 Morning Jasper. Not sure why it might rebound but risk-reward in buying 14320 with stop below 14250 looks very compelling??

]]> By: JasperD https://fxww.com/hard-to-find-any-rhythm-in-this-market/#comment-24826 Mon, 15 Jul 2013 21:36:30 +0000 http://381c099c8f.nxcli.net/?p=9489#comment-24826 Morning Sean! Lethargic market for sure. Do you have any view on GBPCHF? It’s resting on the .618 retracement of 1.396~1.482

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