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Entry Unholy

  • #1,721
  • Jan 31, 2019 12:06am Jan 31, 2019 12:06am
the P monthly high is holding the break of this rising wedge....
trading is simple but is simple is not easy.
  • #1,722
  • Jan 31, 2019 12:09am Jan 31, 2019 12:09am
at the moment tho if one had caught the exact high on this chart and was still holding ,,your pip gain a day is about 3 pips ,,it would take a lot of posistions paying a lot of interest to justify tht as a retailer ,, for ones tht like to measure dick sizes for catching exact highs and lows ,, 3 f&*king pips a day to have your money tied up that long ,, who gives a shit ,, one 25 pip trade a day tops what you see there by 8 times and thts why we do wht we do lol ,,,,the 33 months it has trended on monthly chart in the last 5 years was about 11 pips a day ,,just the trending months, so once again big whoop
  • #1,723
  • Jan 31, 2019 12:28am Jan 31, 2019 12:28am
Quoting ZenNy
the P monthly high is holding the break of this rising wedge....
Using same levels going up as it did down ,, it will till something dont hold for support anymore
Attached Image (click to enlarge)
Click to Enlarge Name: 6 eur to post.jpg Size: 353 KB
  • #1,724
  • Jan 31, 2019 12:30am Jan 31, 2019 12:30am
laboring a little atm,,, tht poke down maybe a bit of a warning shot across the bow,,but nothing folding as of yet ,, better sup a bit lower
  • #1,725
  • Jan 31, 2019 12:32am Jan 31, 2019 12:32am
Quoting digger1
at the moment tho if one had caught the exact high on this chart and was still holding ,,your pip gain a day is about 3 pips ,,it would take a lot of posistions paying a lot of interest to justify tht as a retailer ,, for ones tht like to measure dick sizes for catching exact highs and lows ,, 3 f&*king pips a day to have your money tied up that long ,, who gives a shit ,, one 25 pip trade a day tops what you see there by 8 times and thts why we do wht we do lol ,,,,the 33 months it has trended on monthly chart in the last 5 years was about 11 pips...
My English is very bad and I am not sure if you mean scalping is best....

you might consider that after 90m after LO, there are more than 50% possibly that the high or low of the day has already been set....
trading is simple but is simple is not easy.
  • #1,726
  • Jan 31, 2019 12:34am Jan 31, 2019 12:34am
Quoting Rrrracer
So, Digger and Eng, if I may ask... what do you guys specifically look for to see if a level is probably going to hold or fold? What do you like to see in order to hold a trade through a level or reverse?
Okay,, maybe mine wasent quite as brief as the youngsters there lol but a breif overview how I look at the big picture
  • #1,727
  • Jan 31, 2019 12:35am Jan 31, 2019 12:35am
Quoting ZenNy
{quote} My English is very bad and I am not sure if you mean scalping is best.... you might consider that after 90m after LO, there are more than 50% possibly that the high or low of the day has already been set....
lol,, I speak english ,, but its backwoods redneck working stiff lingo ,, most need a translator for me ,, you are just fine bud
  • #1,728
  • Jan 31, 2019 12:39am Jan 31, 2019 12:39am
Quoting digger1
{quote} lol,, I speak english ,, but its backwoods redneck working stiff lingo ,, most need a translator for me ,, you are just fine bud
is scalping best for you?
trading is simple but is simple is not easy.
  • #1,729
  • Jan 31, 2019 12:42am Jan 31, 2019 12:42am
Quoting ZenNy
{quote} is scalping best for you?
Bit of it mixed in with catching that trip across the weekly range has worked well for a long time ,,or using the weekly levels to trade the quarterly numbers back and forth,, mix of both I guess ,, 10 pip scalps add up when you get a ton of em in the eur while waiting for the trip to continue or when its flipping
  • #1,730
  • Jan 31, 2019 12:43am Jan 31, 2019 12:43am
So my plan is to buy any dips down to 14900, with a tight stop in case it breaks that support line (that u highlighted on ur graph digs)......shoot me if thats off the mark!
  • #1,731
  • Jan 31, 2019 12:46am Jan 31, 2019 12:46am
had 2 days with a 50 pip range this week ,, then the blast up at 2 and 3/4 s days ,, now here it sits ,, need the spike to finish the trip,,, or levels to start folding below ,,, in the mean time ,, scalping when I have a chance
  • #1,732
  • Jan 31, 2019 12:46am Jan 31, 2019 12:46am
Quoting digger1
{quote} Bit of it mixed in with catching that trip across the weekly range has worked well for a long time ,,or using the weekly levels to trade the quarterly numbers back and forth,, mix of both I guess ,, 10 pip scalps add up when you get a ton of em in the eur while waiting for the trip to continue or when its flipping
for 10 pips gain what is your average risk in pips?
trading is simple but is simple is not easy.
  • #1,733
  • Jan 31, 2019 12:49am Jan 31, 2019 12:49am
Jp1 alerted me to an opportunity in gold over the weekend ,, that worked well ,, owe em a beer or 3 for that ,,, couple geppy trades thanks to Mrm 1 ,, already getting a bit lazy feeling this week lol that and Im frozen lol
  • #1,734
  • Jan 31, 2019 12:54am Jan 31, 2019 12:54am
Quoting digger1
Jp1 alerted me to an opportunity in gold over the weekend ,, that worked well ,, owe em a beer or 3 for that ,,, couple geppy trades thanks to Mrm 1 ,, already getting a bit lazy feeling this week lol that and Im frozen lol
And if u held those longs, u would be swimming in gold this weekend!
  • #1,735
  • Jan 31, 2019 12:56am Jan 31, 2019 12:56am
Quoting ZenNy
{quote} for 10 pips gain what is your average risk in pips?
Ill have a hard stp aways away from the mkt action ,, pretty tight mental ,, not very often more than 10 ,,,, will try and get hrd stp to brk even as soon as possible the 1st short got the 10 and +1 one as moved stp to brkeven ,,missed the long too busy posting lol,, but the 1st sht was where I closed rest of longs out from yesterday
  • #1,736
  • Jan 31, 2019 1:00am Jan 31, 2019 1:00am
wasent really looking for a long ,,but missed what I was looking for at the high ,,, had to take the shoulder ,, just to see if it cant add to that tail
Attached Image (click to enlarge)
Click to Enlarge Name: 6 eur to post.jpg Size: 289 KB
  • #1,737
  • Jan 31, 2019 1:01am Jan 31, 2019 1:01am
Quoting digger1
{quote} Okay,, maybe mine wasent quite as brief as the youngsters there lol but a breif overview how I look at the big picture
Really appreciate it man, slowly but surely this stuff is starting to sink into my thick ass cranium... keep 'em coming until I fall down lol
  • #1,738
  • Jan 31, 2019 1:02am Jan 31, 2019 1:02am
now tht stop is brkeven
  • #1,739
  • Jan 31, 2019 1:02am Jan 31, 2019 1:02am
Quoting Rrrracer
{quote} Really appreciate it man, slowly but surely this stuff is starting to sink into my thick ass cranium... keep 'em coming until I fall down lol
no worries bud ,,aint planning on going anywhere other than to go do what I am
  • #1,740
  • Jan 31, 2019 1:05am Jan 31, 2019 1:05am
Quoting Jp1
{quote} And if u held those longs, u would be swimming in gold this weekend!
oh I had some yesterday ,, didnt take any shorts ,,just waited for support and took another little ride,,I dont care wht anyone says about you your alrite lol ,, left ya a chart a few back was long there from its open yesterday
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