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Entry Unholy

  • #6,701
  • Apr 16, 2019 8:16am Apr 16, 2019 8:16am
Quoting JayBag
{quote} Agree.. tho we currently at the neckline of the Big H&S on Daily.. Very interesting Handle too watch your handle could bounce for retrace to retest the neck..
Jesus - gold has literally shit itself!!
  • #6,702
  • Apr 16, 2019 8:44am Apr 16, 2019 8:44am
Quoting JayBag
{quote} Agree.. tho we currently at the neckline of the Big H&S on Daily.. Very interesting Handle too watch your handle could bounce for retrace to retest the neck..
Took a buy scalp and am already out. Let's see if it will retest.
Agreed. I also think neckline may be tested before further bearish movement.
EU still stubborn
4&1 All Time Profit: $37,496
  • #6,703
  • Apr 16, 2019 8:46am Apr 16, 2019 8:46am
Quoting Jp1
{quote} Jesus - gold has literally shit itself!!
Lol Gold will always do such. Day in day out. You can either make a ton of money or loose a ton of money on it. All depending on which side of the coin you're on
4&1 All Time Profit: $37,496
  • #6,704
  • Apr 16, 2019 9:04am Apr 16, 2019 9:04am
Quoting MzansiObi
{quote} Took a buy scalp and am already out. Let's see if it will retest. Agreed. I also think neckline may be tested before further bearish movement. EU still stubborn
true..
EU will follow through in a bit

it;s a big move down.. a lot of bulls need to be called in first..
  • #6,705
  • Apr 16, 2019 9:15am Apr 16, 2019 9:15am
Quoting JayBag
{quote} true.. EU will follow through in a bit it;s a big move down.. a lot of bulls need to be called in first..
A reason why I don't like drawdown:
You carry a position that's in the red and on a new day you get a position/setup that's making money but close prematurely cause you want to bank or hedge your running loss.
I sold GA and GN at the top of today's 4hourlh range.
I closed both positions half way down and they continued travelling in my direction.
This is why I appreciate that old take profit and run risk free trade ideology...... Just thinking out loud.
4&1 All Time Profit: $37,496
  • #6,706
  • Apr 16, 2019 9:32am Apr 16, 2019 9:32am
Quoting MzansiObi
{quote} A reason why I don't like drawdown: You carry a position that's in the red and on a new day you get a position/setup that's making money but close prematurely cause you want to bank or hedge your running loss. I sold GA and GN at the top of today's 4hourlh range. I closed both positions half way down and they continued travelling in my direction. This is why I appreciate that old take profit and run risk free trade ideology...... Just thinking out loud.
A dd to the direction of the market is nothing at all..
I had DD on gold but take a look at today's price..

scalpers can't hold trades..
swingers do that and we don't change our mind everyday..

lol we can't do that
  • #6,707
  • Apr 16, 2019 9:35am Apr 16, 2019 9:35am
Anyone looking to add a buy to UC, here's a juicy chance
  • #6,708
  • Apr 16, 2019 9:50am Apr 16, 2019 9:50am
Quoting JayBag
{quote} A dd to the direction of the market is nothing at all.. I had DD on gold but take a look at today's price.. scalpers can't hold trades.. swingers do that and we don't change our mind everyday.. lol we can't do that
Lol therer are positions I don't mind swinging.
But when I'm trading intraday and using leverage. Don't want to hold onto a looser for too long.
4&1 All Time Profit: $37,496
  • #6,709
  • Apr 16, 2019 10:09am Apr 16, 2019 10:09am
Quoting JayBag
Anyone looking to add a buy to UC, here's a juicy chance
I am waiting it to go a little bit lower, around 1.33415, there's support H4
May the odds be ever in your favor
  • #6,710
  • Apr 16, 2019 10:20am Apr 16, 2019 10:20am
Quoting HanHanid
{quote} I am waiting it to go a little bit lower, around 1.33415, there's support H4
1.3348 was my reload handle..
but if yours come, I'll add more
  • #6,711
  • Apr 17, 2019 2:41am Apr 17, 2019 2:41am
Gold: keeping an eye on 1282.20 handle when and if PA takes us there.

Trade safe.
If it keeps tracking higher. It will most likely continue pulling EU with it.
Trade safe
4&1 All Time Profit: $37,496
  • #6,712
  • Apr 17, 2019 3:30am Apr 17, 2019 3:30am
Quoting MzansiObi
Gold: keeping an eye on 1282.20 handle when and if PA takes us there. Trade safe. If it keeps tracking higher. It will most likely continue pulling EU with it. Trade safe
GOLD is sneaky..
EU headed 1.134 area which is 61..

the same level gold was flirting with..
  • #6,713
  • Apr 17, 2019 4:34am Apr 17, 2019 4:34am
Quoting JayBag
{quote} GOLD is sneaky.. EU headed 1.134 area which is 61.. the same level gold was flirting with..
Have taken a short on UC for the day.
Lookin at price patterns since NY close and Asian session.
Targeting that 1.3295 area. Already running risk free on it.
You reckon we will get to that 1.134 handle today still? Sporting some divergence on 15 Min chart and 5 Min chart has me interested to see lower lows being carved out...... Am just following PA.


Lol damn straight about Gold!
4&1 All Time Profit: $37,496
  • #6,714
  • Apr 17, 2019 4:52am Apr 17, 2019 4:52am
Quoting MzansiObi
{quote} Have taken a short on UC for the day. Lookin at price patterns since NY close and Asian session. Targeting that 1.3295 area. Already running risk free on it. You reckon we will get to that 1.134 handle today still? Sporting some divergence on 15 Min chart and 5 Min chart has me interested to see lower lows being carved out...... Am just following PA. Lol damn straight about Gold!
Yeah that area is likely the extreme for the week..
It's a sneaky PA today.. something BIG coming..

UC just gave a signal for LONG in h1
EU respecting 50% again?

very sneaky PA ...
will see where it ends up today
  • #6,715
  • Apr 17, 2019 7:25am Apr 17, 2019 7:25am
Quoting JayBag
{quote} Yeah that area is likely the extreme for the week.. It's a sneaky PA today.. something BIG coming.. UC just gave a signal for LONG in h1 EU respecting 50% again? very sneaky PA ... will see where it ends up today
got stopped out BE +5 UC.

Let's see if EU will push lower in tune with days sentiment.
Slew of Cad data coming out in a bit. Fuel to go higher or lower. On the sidelines for now.
Got a short on GN from previous swing high on M15. Seems to be turning on me. May just close this out and focus on EU and SnP500 for now
Have a look at S&P500 if you have access to the chart. Lemme know what you think.
4&1 All Time Profit: $37,496
  • #6,716
  • Apr 17, 2019 8:14am Apr 17, 2019 8:14am
Quoting MzansiObi
{quote} got stopped out BE +5 UC. Let's see if EU will push lower in tune with days sentiment. Slew of Cad data coming out in a bit. Fuel to go higher or lower. On the sidelines for now. Got a short on GN from previous swing high on M15. Seems to be turning on me. May just close this out and focus on EU and SnP500 for now Have a look at S&P500 if you have access to the chart. Lemme know what you think.
I thought you need to know that it took me about 10mins looking for this chart

Looking at it, the BUY wave is too strong damnn.. (not even a reasonable retrace since the year)

so If I was to trade this, I will only look for BUY..
question is, where will this turn? Too strong to short I must say..

Another angle is the circled areas.. I would hunt the next level..
Attached Image (click to enlarge)
Click to Enlarge Name: US500Daily.png Size: 78 KB
  • #6,717
  • Apr 17, 2019 9:06am Apr 17, 2019 9:06am
Quoting JayBag
{quote} I thought you need to know that it took me about 10mins looking for this chart Looking at it, the BUY wave is too strong damnn.. (not even a reasonable retrace since the year) so If I was to trade this, I will only look for BUY.. question is, where will this turn? Too strong to short I must say.. Another angle is the circled areas.. I would hunt the next level.. {image}
JB. As you said, ‘not even a reasonable retrace since the year’. So if you were to re-enter or add buys, as a swing trader, where would your targeted entry be?

Reason I ask is because (I don’t trade UC, so I stand corrected of course) is that TO ME, price would be too high to buy right now. My instinct would be to short for a retracement scalp or something (you know me, I almost always trade against trend lol).

Would you simply just add to your buys (if any) at current price, or would you wait for a retrace (and not sell, I know you don’t take counter trends )? Also, would you take partial profits or even close the bulk of your trades at various resistance points, or would you just hold on to them till your targeted close price like all or nothing?

Just want to understand (and learn) from your perspective.

Thanks in advance.
You hesitate, you masturbate.
  • #6,718
  • Apr 17, 2019 9:14am Apr 17, 2019 9:14am
Quoting engweijie
{quote} JB. As you said, ‘not even a reasonable retrace since the year’. So if you were to re-enter or add buys, as a swing trader, where would your targeted entry be? Reason I ask is because (I don’t trade UC, so I stand corrected of course) is that TO ME, price would be too high to buy right now. My instinct would be to short for a retracement scalp or something (you know me, I almost always trade against trend lol). Would you simply just add to your buys (if any) at current price, or would you wait for a retrace (and not sell, I know you don’t...
Right..
By now you will understand that I am currently trading the H&S on the daily and here's the 50%

I just add more buys on a retrace but my last entry will always be the 50% handle..
just like GOLD, my last entry was the 50% mark..(though it flirt till 61)

Not sure if I answered your question properly but I would add on any given retrace but most importantly, my trades are well managed even with my counts.
looking at the chart, BULL owns the market..


Man, just take a look at the weeping/range/whipsaw..
but direction is still UP and UP only..
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH1.png Size: 46 KB
  • #6,719
  • Apr 17, 2019 9:19am Apr 17, 2019 9:19am
Quoting JayBag
{quote} Right.. By now you will understand that I am currently trading the H&S on the daily and here's the 50% I just add more buys on a retrace but my last entry will always be the 50% handle.. just like GOLD, my last entry was the 50% mark..(though it flirt till 61) Not sure if I answered your question properly but I would add on any given retrace but most importantly, my trades are well managed even with my counts. looking at the chart, BULL owns the market.. Man, just take a look at the weeping/range/whipsaw.. but direction is still UP and UP...
Good enough an answer bro. I will study your chart and try to see it from that perspective.

Thanks once again!
You hesitate, you masturbate.
  • #6,720
  • Apr 17, 2019 9:19am Apr 17, 2019 9:19am
ENG,

these are my stacking period.. for now, all I do is invest those lines on every chance given.. (don;t worry about no quick profits)
taking profit times will not be secrete..

I usually have goals for my swings..
for this one, well, you will have to wait to find out
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