DislikedTook a little trade on GU, might not make sense to many on here but it's in profit. It was after the IB on H4 (my charts) printed.Ignored
Mines closes in 8 mins.
HOLLA
Why did you start trading and what do you expect from it? 19 replies
How soon after you put on a trade do you expect to be "in the money"? 28 replies
How do you see trading - Do you see it as a means to an end? 12 replies
how long do you expect to trade? 10 replies
Trade What You See And Not What You Hope 0 replies
DislikedTook a little trade on GU, might not make sense to many on here but it's in profit. It was after the IB on H4 (my charts) printed.Ignored
DislikedI'm not in it, it didn't get high enough and is now falling. Annoying but that's life.
I believe he is speaking, I still don't know who the hell he is though!
I will post the setup when I get a break fellasIgnored
DislikedI use 3 different feeds actually, because there's volume in my trading and I like to get a cross broker view on it. One closes 3 hours, the others in 2.Ignored
DislikedSure Kodziro would explain this a helluva lot better than me.
You can look at this similarly to a mini version of a H+S the same sort of principles apply.
So the background is important. Ideally, you need a sharp move followed by an IB to display the weakness in the market. Then if there is a candle that breaches the high of the wicks but closes against the immediate momentum under the wicks (changes colour) then you have your setup. It's a classic sort of false breakout trade but if you took them all without the right background, you'll get...Ignored
DislikedSure Kodziro would explain this a helluva lot better than me.
You can look at this similarly to a mini version of a H+S the same sort of principles apply.
So the background is important. Ideally, you need a sharp move followed by an IB to display the weakness in the market. Then if there is a candle that breaches the high of the wicks but closes against the immediate momentum under the wicks (changes colour) then you have your setup. It's a classic sort of false breakout trade but if you took them all without the right background, you'll get...Ignored
DislikedJust re-read that last line that I wrote, and it sounds a bit arrogant or patronising- that's not what I meant- I'm just sounding out ideas- looking to improve- sometimes things come across wrong!Ignored
DislikedThanks fellas.
I didn't take it that way at all, I was nodding along whilst I was reading it. Don't panic! The only reason why I was waiting was just to get a tighter stop but of course, we should be vigilant and agile and if it clearly looks like it won't make it there, better to have a larger stop and a trade than no trade at all.
As has been said, we're all here to share thoughts, ideas and opinions. Never be worried about speaking your mindIgnored
DislikedLooks it was right to be cautious for shorts. Should have gone long from that 1hr pin off the neckline, but can't hedge with my broker. That last short soldier from yesterday has stopped out on that spike now thoughIgnored
DislikedGreat, glad you didn't take it the wrong way! We're all in this together to learn and improve, and bouncing ideas around can be really useful. But sometimes, when posting quickly things can come out wrong
Just been watching the Apprentice- in their speak we'd be "brainstorming". "Alright Trader131, shut up, I've had enough of your excuses, you're fired!"Ignored
Disliked
Morning chaps. Beautiful morning here in Manchester, my good lady walked the dog so I got to start the day with a run in the sun. Spring is most certainly hereIgnored