General Trading Chat / Ideas | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD

Similar Threads

Live forex trading & chat 7 replies

Charts Heads-up for Pro Forex Trading Chat Room 108 replies

Attachments: General Trading Chat / Ideas
Exit Attachments

General Trading Chat / Ideas

  • #1
  • First Post: May 21, 2019 2:52am May 21, 2019 2:52am
Hi gang,

Thought i would kick off somewhere we can all chat and bounce ideas off each other. A nice and relaxed forum without all the rules!! Anyone welcome

Missed that frankie sell off on eurusd this morning....looking for pull backs to the mean for a potential short......and as Digs would say, its under a lot of shit at the moment....weekly low, weekly open, daily pivot etc....will look to see what London is doing around those levels before 'swinging with a tight stop'!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 210519 2.jpg Size: 374 KB
  • #2
  • May 21, 2019 3:38am May 21, 2019 3:38am
Quoting Jp1
Hi gang, Thought i would kick off somewhere we can all chat and bounce ideas off each other. A nice and relaxed forum without all the rules!! Anyone welcome Missed that frankie sell off on eurusd this morning....looking for pull backs to the mean for a potential short......and as Digs would say, its under a lot of shit at the moment....weekly low, weekly open, daily pivot etc....will look to see what London is doing around those levels before 'swinging with a tight stop'! {image}
Lol,, you the man ,,man ,,
  • #3
  • May 21, 2019 3:41am May 21, 2019 3:41am
hi JP,,,,nice to see that you have started your own thread
MRMALIK1
  • #4
  • May 21, 2019 3:46am May 21, 2019 3:46am
Good to see you gents!

Digs - what u thinking on gold....its flattened out since yesterday hammering away at 1274.78......is it gearing up for another leg down? Theres a good level at 1270 below for it to wack
  • #5
  • May 21, 2019 3:51am May 21, 2019 3:51am
Jp ,, put 100 ema and a 32 ema ,, those are the the workhorses after a stoch cross ,,then of course the level tht are close to them as things play out and what fuel sorce there is the whole white box is a 4 hour pattern ,, then the circles are the day patterns in the big pattern
Attached Image (click to enlarge)
Click to Enlarge Name: 6.jpg Size: 382 KB
  • #6
  • May 21, 2019 3:57am May 21, 2019 3:57am
this was the pattern before ,, u have to be careful and patient when it holds the 50 level and the m5 200 ,, lot of times when big fuel source coming up they will do tht and ya want to wait for tht last little blip to sht if stochs bout to cross or already have on 8 hour
Attached Image (click to enlarge)
Click to Enlarge Name: 6 eur to post.jpg Size: 379 KB
  • #7
  • May 21, 2019 3:58am May 21, 2019 3:58am
Quoting digger1
Jp ,, put 100 ema and a 32 ema ,, those are the the workhorses after a stoch cross ,,then of course the level tht are close to them as things play out and what fuel sorce there is the whole white box is a 4 hour pattern ,, then the circles are the day patterns in the big pattern {image}
Whats the 100 and 32 relevance on the m30? Neither are the daily (48) or weekly (240) averages i thought we were meant to have? i thought weekly was gospel....above, look for buys, below sells etc.......
  • #8
  • May 21, 2019 3:59am May 21, 2019 3:59am
Quoting digger1
Jp ,, put 100 ema and a 32 ema ,, those are the the workhorses after a stoch cross ,,then of course the level tht are close to them as things play out and what fuel sorce there is the whole white box is a 4 hour pattern ,, then the circles are the day patterns in the big pattern {image}
i have 50, 200 and 600 emas on y chart 200 is almost last 16hours and the 600 ema is 50ema of H1 chart
MRMALIK1
  • #9
  • May 21, 2019 4:00am May 21, 2019 4:00am
those blips what makes the w or m patterns everybody see s after the fact lol,,, see em while they being built pays better tho they do this shit when flat or moving up and down always the same ole same ole
Attached Image (click to enlarge)
Click to Enlarge Name: 6 eur.jpg Size: 378 KB
  • #10
  • May 21, 2019 4:03am May 21, 2019 4:03am
digz bro, like today london open canlde was a bullish candle does not it mean that london was in buy mood but it dropped the price later
MRMALIK1
  • #11
  • May 21, 2019 4:04am May 21, 2019 4:04am
Quoting Jp1
{quote} Whats the 100 and 32 relevance on the m30? Neither are the daily (48) or weekly (240) averages i thought we were meant to have? i thought weekly was gospel....above, look for buys, below sells etc.......
100 is the m15 200 32 is the m5 200 50 and 16 on hourly chart ,,, been the m5 ya could of shorted averytime it was touched on the gbp for a bunch of pips,,just trying to clean charts up a little for you guys ,, the m15 200 ema same as ata s 54 lwa or what ever it is now ,, its not so much the averages as the levels and which way the mkt is really going ,,keep the weekly average and just use them 2 with them it may or it should help ya see what the levels get used and how they are used there is almost always a level around them ,,tht is why they work like they do
  • #12
  • May 21, 2019 4:08am May 21, 2019 4:08am
Quoting digger1
those blips what makes the w or m patterns everybody see s after the fact lol,,, see em while they being built pays better tho they do this shit when flat or moving up and down always the same ole same ole {image}
but how can we know that wee need to sell these blips when they are printing lol.... tell us the secret lol
MRMALIK1
  • #13
  • May 21, 2019 4:20am May 21, 2019 4:20am
Quoting mrmalik1
digz bro, like today london open canlde was a bullish candle does not it mean that london was in buy mood but it dropped the price later
just means tht time around they took it to the closest level they could get away with ,,at some point in time it will be back into tht m5 200 got a new weekly low now ,,probably drift above it ,, may try to hold it got to remember the chess match isint played out in a few minutes filling and backfilling ,, testing and retesting best shts come from where ,,tht m15 200 ,, think them patterns I showed you last weekend may hold the low and try to get above the,,, battle is higher not here
Attached Image (click to enlarge)
Click to Enlarge Name: 6 eur.jpg Size: 344 KB
  • #14
  • May 21, 2019 4:30am May 21, 2019 4:30am
Quoting mrmalik1
{quote} but how can we know that wee need to sell these blips when they are printing lol.... tell us the secret lol
lol,, snap tht rubber band and sell the fucking average ,, till it dont work any more and its above some shit ,,, its like the sun coming up every day ,, do you go to bed and wonder if its coming up the next day ,,no its just happens,,trading no different same shit different day tht is the area to sell ,,, you do it with out wondering stp thinking wht if this what if tht in tight stp out if ya have to be ,, get your timing down ,, well get direction down 1st lol then do what you should at the right areas easy peasy lol
  • #15
  • May 21, 2019 4:40am May 21, 2019 4:40am
Quoting mrmalik1
{quote} but how can we know that wee need to sell these blips when they are printing lol.... tell us the secret lol
how many months you see there with the same fucking thing happening over and over and over ,, think something gonna just suddenly change ,, its not ,,this is fucking trading ,, you been told over and over its something its not ,, its not magic ,,mystical or any of tht shit ,, it is levels,, a reason to buy it or sell it at tht level ,, nothing more nothing less ,,same shit over and over and over and it does tht same shit the same way over and over
Attached Image (click to enlarge)
Click to Enlarge Name: 7 eur.jpg Size: 475 KB
  • #16
  • May 21, 2019 4:49am May 21, 2019 4:49am
whats an open ,, look at the tails on daily where its getting whacked any quarterly level whacked and whacked ,, your just taking it down to a smaller time frame where the same shit happens at the same levels it always happens at ,, till tht changes why think something out the ordinary is gonna happen ,, use your tools take the ride collect rinse repeat ,,quit trying to out think it ,, you wont nobody will ,,roll with it
Attached Image (click to enlarge)
Click to Enlarge Name: 6 eur.jpg Size: 356 KB
  • #17
  • May 21, 2019 5:01am May 21, 2019 5:01am
lol,, fuck,, late ,, damn time flies when having fun ,, Mrm1 ,, gonna be days where it seems like the picture ,,trading is not an easy gig ,, make it easy on yourself and let your charts do the thinking for you ,,dont get stuck in the mud worrying or thinking about shit you wont decipher the same way the ones tht actually move the mkts do anyway,, just ride their coattails ,,, lol,, dont be like the picture ,,,, damn mother nature can be cruel mistress,,just like trading sty green traders ( no wasent even on my phone lol)
Attached Image (click to enlarge)
Click to Enlarge Name: 7 eur.jpg Size: 266 KB
  • #18
  • May 21, 2019 7:10am May 21, 2019 7:10am
Waiting on some seed ,, Mrm ,, when I told ya to use the smaller charts to refine your entries ,, example of one going up ,, those averages are not perfect ,, but ya start playing the dips and buying on the tail end of the stoch patterns at the bottom instead of selling at the tail end of them at the top ,, the stochs on 8 hour actually crossed before tht last move down ,, you have to plan for tht as tht stch is trying to cross ,, good quarterly level ya got to see it coming and plan for it ,,why because tht is just what the fuck happens time and time again ,, then you buying ,, ave are not always right perfect ,, tht is why u have to use a few other tools and some levels ,, but those averages will put you close,, then look at whats around for weekly levels and keep buying er up till it runs into a level it dont like ,,usually a quarterly level ,,few shts to be had on this trip up but not for far or long and you would know tht why becuase tht is wht the 8 hour says ,, weekly levels to trade them daily swings on the quarterlies back and forth ,,same ole shit ,,dont matter the pair the same ole shit day in and day ,, a level ,, a reason to buy or sell it ,,no magic ,, no mystic ,, no rocket formula calculations,, no guessing just play wht the charts dictate etc etc
Attached Image (click to enlarge)
Click to Enlarge Name: 6 eur.jpg Size: 345 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 6 eur to post.jpg Size: 405 KB
  • #19
  • May 21, 2019 7:24am May 21, 2019 7:24am
Quoting Jp1
Good to see you gents! Digs - what u thinking on gold....its flattened out since yesterday hammering away at 1274.78......is it gearing up for another leg down? Theres a good level at 1270 below for it to wack
it defo was gearing up for another leg down - 40 pips in about 90 minutes......gold has been bleeding hard recently!
  • #20
  • May 21, 2019 7:26am May 21, 2019 7:26am
as in the eur ,, also why u dont sell lows ,,, ya can but the orange circle your out no new low ,, now ya have to see if any selling comes in back at the better areas to sht ,, may be a lower low by days end or if it gets above there may not be but ya plain dont buy highs or sell lows ,,always the snake and stick thing
Attached Image (click to enlarge)
Click to Enlarge Name: 6 eur.jpg Size: 280 KB
3 traders viewing now