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Entry Unholy

  • #6,621
  • Apr 12, 2019 12:10pm Apr 12, 2019 12:10pm
Quoting JayBag
{quote} Looking at PA, EU seem to be behaving like UC at 50.. UC did not get a retest .. Maybe EU will act like.. below 38 should convince you then

Enlighten me JB, does UC already met its target ? Or do you seek higher ? (Long position like this is a first for me), holding postion like this feels weird,new territory. LOL
May the odds be ever in your favor
  • #6,622
  • Apr 12, 2019 12:21pm Apr 12, 2019 12:21pm
Quoting HanHanid
{quote} Enlighten me JB, does UC already met its target ? Or do you seek higher ? (Long position like this is a first for me), holding postion like this feels weird,new territory. LOL
UC is only getting started..
H&S in play on D1..

impulse target is at the Year's Open (1.3652)

when trading for long term, smaller lot size are always advised.. I mean we looking at roughly 400 pips ..

there's no need to be greedy..
market sweep every now and again but direction stays the same
  • #6,623
  • Apr 12, 2019 12:26pm Apr 12, 2019 12:26pm
Yo JB - whats the latest with ur short piling on eur? Do u trail ur stop down, so ur now out of all your positions? Or do u just ride these retracements and continue piling in shorts at different peaks?
  • #6,624
  • Apr 12, 2019 12:46pm Apr 12, 2019 12:46pm
Quoting Jp1
Yo JB - whats the latest with ur short piling on eur? Do u trail ur stop down, so ur now out of all your positions? Or do u just ride these retracements and continue piling in shorts at different peaks?
Out of all position?

No ways..
I am not a scalper and do not open and close trade after a few pips..

Ok I trade a little differently.. I use micro account for all my long term trades so stop is really not my thing plus I have an advantage on leverage having caught the top...

I will need to remind you again about these trades after a few weeks or even months..
  • #6,625
  • Apr 12, 2019 12:59pm Apr 12, 2019 12:59pm
Quoting JayBag
{quote} Out of all position? No ways.. I am not a scalper and do not open and close trade after a few pips.. Ok I trade a little differently.. I use micro account for all my long term trades so stop is really not my thing plus I have an advantage on leverage having caught the top... I will need to remind you again about these trades after a few weeks or even months..
Fair enough!

so even though u were almost at ur target last week, u just leave them open reagrdless even though its moved back 130+ pips? Ballsy!

does doing that style with micro lots (is that <.1 lots type of thing?) pay well in the end usually? Have u given up the day job?!
  • #6,626
  • Apr 12, 2019 1:11pm Apr 12, 2019 1:11pm
Happy weekend to all of you great traders.
Stay green guys and gals
4&1 All Time Profit: $37,496
  • #6,627
  • Apr 12, 2019 1:12pm Apr 12, 2019 1:12pm
Quoting Jp1
{quote} Fair enough! so even though u were almost at ur target last week, u just leave them open reagrdless even though its moved back 130+ pips? Ballsy! does doing that style with micro lots (is that <.1 lots type of thing?) pay well in the end usually? Have u given up the day job?!
No I have not reached my target..
Not even close.

1.09 area seems legit..
Don't even worry about me.. don't expect all to pan out right away..
  • #6,628
  • Apr 12, 2019 1:25pm Apr 12, 2019 1:25pm
Scalpers always think it's ballsy..
I have no idea..

Same question was asked about the Gold trade..
but currently 100+ pips away from last entry which is 50%


all DD on that is cleared and now GREEN GREEN lol
But I honestly expect a bigger drop on GOLD...

Enjoy your weekend gang,,,
I am prolly on my 7th dumpie..
  • #6,629
  • Apr 13, 2019 12:33am Apr 13, 2019 12:33am
Quoting digger1
{quote} aint tht high ,, quarterly number 1st is tht 1326 area ,, least for me ,, doesent mean I wont have shts here and there before ,, gets to far away from support there is always back to it
And checkmate ,,off by 2 lol,, can still gets spikes higher ,, as a cross is happening ,, usually at least tries to touch the ole quarterly average ,, but solid level before it ,, new week a coming ,,cheers all
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  • #6,630
  • Apr 13, 2019 12:49am Apr 13, 2019 12:49am
One of the other pairs discussed ,, check mate ,,, lol,, 3181 next level if ole quarterly average price dont hold ,, oil been on a bit of a climb ,, does tend to support the cad
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  • #6,631
  • Apr 13, 2019 12:53am Apr 13, 2019 12:53am
gold back at a support ,, same bost ,, if ole quarterly average price dont hold ,, 1272 next up ,, it is where daily 200 is coming in at
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  • #6,632
  • Apr 13, 2019 1:00am Apr 13, 2019 1:00am
Gbp ,, bit lost atm ,, brexit blues ,, its confused ,,dont know which way to point its beak and fly ,, hovering around open ,, possible one more attempt higher ,,loses the open then the quarterly pivot and daily 200 sitting in tht area
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  • #6,633
  • Apr 13, 2019 1:18am Apr 13, 2019 1:18am
Morning Digs,
7.10 am here uk, coffee then graft sandblasting a stone building today. Question for you, the software you use Ensign, is it worth the investment as opposed to mt4 as trying to copy your levels is way off without a lot of messing. I do use another proprietary software from smarttrader which is good but again difficult recreating levels similar to yours. I have used dtn iq feed previously a few years back and found them good but changed direction with another. I would appreciate your opinion as i do agree that all the levels you used are an integral part of any trading day/week/month

Cheers Mike
  • #6,634
  • Apr 13, 2019 1:29am Apr 13, 2019 1:29am
For what it costs with data ,, it is very cheap labor,, the amount of time it would take me to mark this out on the different pairs I trade ,, it amounts to nothing for cost ,, ones labour should be figured in and I dont work cheap lol, there is way better time frames than available with mete for sure ,,all in what one gets used too ,, I have used them forever
  • #6,635
  • Apr 13, 2019 1:31am Apr 13, 2019 1:31am
Whose feed do you you use or are they all of a similar nature?
  • #6,636
  • Apr 13, 2019 1:41am Apr 13, 2019 1:41am
Quoting mikec13845
Whose feed do you you use or are they all of a similar nature?
Fxcm data comes free ,, it is actually great data ,, I use a data provider too ,, which ever one gives me the best deal for a while ,, always play the good ones against each other to get the best deal lol,, but it is always checked with wht comes with it
  • #6,637
  • Apr 13, 2019 1:49am Apr 13, 2019 1:49am
A 3 hour picture ,,compared to a one hour ,, ,,might have heard me mention a little history mixed with the here and now anad a few price patterns yada yada ,, a few simple tools etc etc,, the passage of time thing ya know the same ole same ole lol
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  • #6,638
  • Apr 13, 2019 1:50am Apr 13, 2019 1:50am
Thanks for that, i used to be with FXCM but switched to pepperstone for lower spreads, but will look back to them and see whats on offer and going to try the free time with ensign and check it out. Thanks for your help

Cheers Mike
  • #6,639
  • Apr 13, 2019 1:53am Apr 13, 2019 1:53am
Quoting mikec13845
Thanks for that, i used to be with FXCM but switched to pepperstone for lower spreads, but will look back to them and see whats on offer and going to try the free time with ensign and check it out. Thanks for your help Cheers Mike
Now worries bud ,, have a great day ,, bout to head out myself
  • #6,640
  • Apr 13, 2019 1:54am Apr 13, 2019 1:54am
Quoting digger1
gold back at a support ,, same bost ,, if ole quarterly average price dont hold ,, 1272 next up ,, it is where daily 200 is coming in at {image}
Hi Diggs,

Glad to have you back..
hope you having a good one..

Well, looking at GOLD weekly, it will be interesting to see the bullish move you expect..

here's a weekly chart with a Shooting star followed by two engulfing candles..

This is the 5th confirmation PA will be the 6th
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