New Blog

I know there are still quite a few of you who pop in from time to time to see if I'll write anything new here.

I've decided to begin blogging again; however, it will be at a new home called Face This World.

The writing I do there is going to be a little different. I won't be discussing specific charts or setups. However, I will be sharing my story, talking about the mental hurdles every trader faces, collaborating and sharing stories of other inspiring bloggers and traders, and showing how I'm trying to take my trading to the next level.

You can expect I'm going to get a lot more personal, as part of that I'm giving up the LT persona. It was fun while it lasted. Lord Tedders signing off...

Sincerely,


Edward Heming

Blog on hold

For those of you who still poke around here occasionally, as you've probably noticed I am not actively blogging. I didn't want to put together an elaborate going away post since I've done that before only to change my mind. I am still trading and reaching out to other traders locally at meetups; however, I don't intend to blog for the foreseeable future. Best of luck to all those still moving through their trading journey.

7-7-09

Here was a USDCHF trade initiated yesterday. +52 pips on 10k.

LT

Changing things up

As some of you may have noticed I've been posting sporadically recently. Honestly I haven't been satisfied with my short term trading results and have been skipping trading some mornings.

I'm going to take a break from scalping for a bit. As such I won't be posting results every day (at least for the near future), however, I will post some of my swing trades as they come along.

LT

6-24-09 Sticking to one thing

Well its pretty obvious, but the currencies as well as other markets have been pretty choppy recently (must be the low volatility).



As such I'm not seeing much bang for my buck when it comes to trend continuation and breakout moves. For now I'm gonna stick to fading the chop. And for those who are worried yes the first position on a couple EURUSD trades was averaged. But I had a hard stop in (just decided since we are in a noisy place in the markets right now it wouldn't hurt to avoid the noise).

-4 pips on 50K

LT

6-23-09 Fighting the chop

I didn't seem to get the picture this morning - we are in a chop zone still. Had several attempted trend continuation trades on both the EURUSD and USDJPY that didn't pan out. Finally got the "news" and started scalping some solid reversals.



-7 pips on 50k

LT