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General Trading Chat / Ideas

  • #21
  • May 21, 2019 7:35am May 21, 2019 7:35am
Quoting Jp1
{quote} it defo was gearing up for another leg down - 40 pips in about 90 minutes......gold has been bleeding hard recently!
sitting right on quarterly low,, probably an area like white circle ,,just sitting there till the cross comes in ,, a bit of geo political atmosphere kinda supporting atm ,, if tht low lets go then next 1260 ish QS1
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  • #22
  • Edited 9:26am May 21, 2019 9:10am | Edited 9:26am
I know what you are trying to do MrM ,, takes really knowing your levels but its the same levels on the time frames ,,,, res is no different ,,support is no different ,, one just see s little things on a sht time frame ,, tht one 15 min or m30 candle you are not gonna notice how the m1 went thru the 5 min 200 and used for support to go on up to the m15 200 ,, hard to catch all tht shit unless youve been around for a while ,,its still the same ole levels and as you can see tht m15 200 is still holding up ,, may get stpped for plus one a few times or you may really have to watch tht support and start buying tht support ,, but the day is long,,, battle only fought so long each day ,, so what good does it do you to think about shit ,, just sht the appropiate area till it dont fucking work any more ,,why ask why ,, just do it ,,little less experience the sht time frames will get one in trouble ,,you will think you see shit tht aint there on something tht moves a little more than the eur it can get one in a lot of trouble in a hurry ,,sure and steady roll with it bud
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  • #23
  • May 21, 2019 9:17am May 21, 2019 9:17am
M30 chart ,,just add the pips up on just shts ,, so you miss the pop up or get sttped out in profit on the pop ,, it aint too fucking hard to just sit back and enter to roll with it you do tht shit till it dont work no more and you are going the other way then its the same shit only buying ,,your all geared up looking for tht retrace all the time thinking what this what about tht fuck tht ,,,when its below shit ya sell highs not lows ,,when its above some shit ya buy lows not highs ,, wait for you entries and take your swing,,but dont sell lows or buy highs ,,EVER
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  • #24
  • May 21, 2019 9:23am May 21, 2019 9:23am
Course the eur dont move much so ya get away it with a lot of the time ,, but those few days ya dont,,,, takes all the shit ya make and then some ,, and in pairs tht actually move well they will constantly crush you
  • #25
  • May 21, 2019 9:45am May 21, 2019 9:45am
Levels ,,mkt takes them out ,,retests it continues on or it dont ,, thats all trading is ,,this shit hasent changed one bit since our paths crossed and it was doing this the same way since fucking mkts were conjured up,,, levels hold or fold ,,news is just fuel they still do what they are gonna do ,, let your charts do the thinking for you ,, use a stp and wait for the best entry ,, littler practice of not over thinking lol, you will be fine
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  • #26
  • May 21, 2019 9:57am May 21, 2019 9:57am
and tht is also why you use a stp lol,,, been looking for an oversold bounce ,, well here it is
  • #27
  • May 21, 2019 10:04am May 21, 2019 10:04am
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  • #28
  • May 21, 2019 10:07am May 21, 2019 10:07am
Quoting digger1
{image}
nicely put mate - think thats ur best posts so far!

so that little burst up gets me above all my averages, including 200 on m30.....so are we are in buying dips yet.....or wait to see how the day / london closes first?
  • #29
  • May 21, 2019 10:12am May 21, 2019 10:12am
Quoting Jp1
{quote} nicely put mate - think thats ur best posts so far! so that little burst up gets me above all my averages, including 200 on m30.....so are we are in buying dips yet.....or wait to see how the day / london closes first?
lol,, this damn gbp is a riot ,, gonna pay my fuel bill for the month and its a dozzy would be watching in there but dont get carried away ,, see where spike is then it may fill tail in or work on it rest of day
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  • #30
  • May 21, 2019 10:26am May 21, 2019 10:26am
be a little careful bud ,, dont be in a rush these can go and put tht last low in before a cross too see tht many a time ,,,, member tht ole weekly average ,, always want to know where tht is ,,, hmm just below weekly pivot go figure aay ,,shorted the bejeesus out of tht see where what I got left ends up they all safe now dont much care lol
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  • #31
  • May 21, 2019 10:33am May 21, 2019 10:33am
I took it ,, not gonna give er much room tho
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  • #32
  • May 21, 2019 10:34am May 21, 2019 10:34am
nope ,,killed it,, Ill wait a bit
  • #33
  • May 21, 2019 10:43am May 21, 2019 10:43am
eur just getting back to its sup so kinda watch for things to even out and start together,,
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  • #34
  • May 21, 2019 11:44am May 21, 2019 11:44am
Quoting digger1
eur just getting back to its sup so kinda watch for things to even out and start together,, {image}
Yeh, I stopped trading after my shorts on eur and gold came in earlier.......trying to be disciplined and stick to above / below weekly average. So dont really know what to do when there is a spike like this that reverses it all and puts me up above all my averages.....and now its dropped back into the middle of them. Dont have a scooby, so safer not to trade!
  • #35
  • May 21, 2019 11:46am May 21, 2019 11:46am
Quoting Jp1
{quote} Yeh, I stopped trading after my shorts on eur and gold came in earlier.......trying to be disciplined and stick to above / below weekly average. So dont really know what to do when there is a spike like this that reverses it all and puts me up above all my averages.....and now its dropped back into the middle of them. Dont have a scooby, so safer not to trade!
very good ,, tht is the way you are supposed to do it ,,
  • #36
  • May 21, 2019 12:11pm May 21, 2019 12:11pm
Woah, got a shiny new gold plated thread here to post in thanks to JP1, and I see class is back in session LOL. Awesome.

Been a minute... I switched back to EUR because the futures micro GBP has atrocious liquidity... missed the spike up but loaded a few shorts when it crossed the weekly and Friday's high, took one off around the open and the other two at the daily average, nice trade. H6 stochs crossed and H8 are close, but maybe a little more downside to take out the quarterly low first? Think my day is done, we'll see what Asia, Frankie and London have in mind.

Nice to see ya back in action Digs...
  • #37
  • May 21, 2019 12:13pm May 21, 2019 12:13pm
Quoting Rrrracer
Woah, got a shiny new gold plated thread here to post in thanks to JP1, and I see class is back in session LOL. Awesome. Been a minute... I switched back to EUR because the futures micro GBP has atrocious liquidity... missed the spike up but loaded a few shorts when it crossed the weekly and Friday's high, took one off around the open and the other two at the daily average, nice trade. H6 stochs crossed and H8 are close, but maybe a little more downside to take out the quarterly low first? Think my day is done, we'll see what Asia, Frankie and London...
Just in and out bud ,, good to see ya here
  • #38
  • May 22, 2019 7:28am May 22, 2019 7:28am
Quoting digger1
{image}
burnt badly by this GU move not using stop was thinking for the mental stop but when i closed it train had left the station
MRMALIK1
  • #39
  • May 22, 2019 7:39am May 22, 2019 7:39am
Quoting mrmalik1
{quote} burnt badly by this GU move not using stop was thinking for the mental stop but when i closed it train had left the station
Oh no - what was ur entry? Coming back a little now

too scared to go long on this gbp juggernaut at the mo - every time May opens her mouth it drops another 50!
  • #40
  • May 22, 2019 7:47am May 22, 2019 7:47am
Quoting Jp1
{quote} Oh no - what was ur entry? Coming back a little now too scared to go long on this gbp juggernaut at the mo - every time May opens her mouth it drops another 50!
my entry was 1.2718 and
the very next candle just gone up in one minute it did not allowed me to get out i was placing the stop before i did it price had already gone away from me in the mean while my terminal got stuck when it reconnected after few seconds i had been in already in the misery,,,i did not know that MAY is going to make speech.
MRMALIK1
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