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General Trading Chat / Ideas

  • #581
  • May 30, 2019 7:49am May 30, 2019 7:49am
Oc6oph,,, your cadyen ,, 4 hour and daily chart are decent ,,but they wont get you your best areas ,, got to go a little smaller to keep track of the chess match for the best prices and bottom line ,, in a sense roll the sleeves up and apply some elbow grease you will get much better prices for even longer term entries ,, ,,we know where the 8 hour was at when week started ,, a little patience and time for a long, one is in with a better price ,,and caught a damn nice sht on the way there to boot ,, back knocking on weekly open ,,with the usd cad dropping some ,, now cad yen chopping up and jp ,,,lol,, always the shoulders doing the lifting or the dropping ha
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  • #582
  • May 30, 2019 8:02am May 30, 2019 8:02am
and really over all long term ,,doesent mean a whole lot ,, just the weekly skirish taking place ,,did get a cross ,, so a bit of a reprieve atm is all ,, still all depends who is winning longer term ,, nothing decided in a few days ,, its days and days of these skirmishes put togather ,, and finding the areas to tuck in the winners coattails on something tht will cause a move big enough for us to make a few shekels ,, soon as they start losing we can bail and take the ride with the next winner ,, as a retail trader that is our job ,,all the shit the sharks worry about ,, hell the resources they have we will never decipher the mkt like they do ,, we have to rely on different shit to know wht they are doing or causing to happen ,,so thts where our charts come in and what we do know about the mkt and what tools we can use all come in ,,, one of the simplest things there is gives one there 1st heads up ,, day in and day out over and over ,,
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  • #583
  • May 30, 2019 8:17am May 30, 2019 8:17am
and as one can see in the eur not only is tht little average there ,, depending on your broker data there is also a level the mkt took out in the area ,, what does a mkt always do ? thru a level retests it and continues on or it dont lol,, whats the next level below ,, whats the next level above ,, etc etc ,, with the 8 hour stochs where they are at ,, where is the higher probability ,, dont take a rocket scientist for tht ,, hell they would have a outlandish calculation for something so simple to see ,, as a rocket scientist not there own fault just the way they are wired ,, but as another trader with some outlandish bullshit and trading jargon on what a mkt does ,,different story lol,, just tht,,, bullshit,,, ya know hings like it has to do this or it has to do tht and oh tht mkt makers this the mkt makers tht this tht and the other thing ,, ,,look at your damn chart and see wht it is doing ,,ya dont need none of the bullshit
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  • #584
  • May 30, 2019 8:19am May 30, 2019 8:19am
Adding short positions.
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  • #585
  • May 30, 2019 8:29am May 30, 2019 8:29am
Jp ,, your gold is working the daily 200 over ,, think snake and stick lol slowly chipping away at it,,some damage done tht area to left ,,where it was below it ,,, it didnt go unnoticed by the powers tht be lol
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  • #586
  • May 30, 2019 8:29am May 30, 2019 8:29am
Quoting digger1
and as one can see in the eur not only is tht little average there ,, depending on your broker data there is also a level the mkt took out in the area ,, what does a mkt always do ? thru a level retests it and continues on or it dont lol,, whats the next level below ,, whats the next level above ,, etc etc ,, with the 8 hour stochs where they are at ,, where is the higher probability ,, dont take a rocket scientist for tht ,, hell they would have a outlandish calculation for something so simple to see ,, as a rocket scientist not there own fault...
Eur and gp both heading down for their fourth wacks of their respective lows....will they crack!
  • #587
  • May 30, 2019 8:36am May 30, 2019 8:36am
Quoting digger1
Jp ,, your gold is working the daily 200 over ,, think snake and stick lol slowly chipping away at it,,some damage done tht area to left ,,where it was below it ,,, it didnt go unnoticed by the powers tht be lol {image}
Gold turned from yesterdays SHOULDER mate - i was in short there.....stop to be!
  • #588
  • May 30, 2019 8:44am May 30, 2019 8:44am
Mrm1 ,, 2 days your entries pretty well scripted if tht was the only thing ya used ,, so ya know what to be watching for ,,none of them required much of a stp ,, those are the times ya need to be paying attention to your business ,,not worry about this tht or the other thing ,, not worrying about catching a retrace for scraps ,, ya worry about rolling with it ,,tht is one of your 1st clues and tools lol,, you a currency trader ,,, it dont fit your schedule ,, you fit its every day not quite tht easy but a few days a week is ,, make them pay
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  • #589
  • May 30, 2019 8:59am May 30, 2019 8:59am
Quoting Jp1
{quote} Eur and gp both heading down for their fourth wacks of their respective lows....will they crack!
todays low really not the ones they are concerned with lol
  • #590
  • May 30, 2019 9:02am May 30, 2019 9:02am
Whats the next level above /below lol,, same ole same ole yada yada
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  • #591
  • May 30, 2019 10:09am May 30, 2019 10:09am
now if ya notice ,, suddenly when uscad back to its res point the eur gets a little bouncy thts why alwys patient till its time not to be ,, now its back around the area to watch it again and if uscad flounders a bit at this level where its been whacked repeatedly ,, well you know eur gonna chop away trying to get a level back ,,and the chess match continues
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  • #592
  • May 30, 2019 10:11am May 30, 2019 10:11am
not a gamble ,,not a coin toss ,, pick your levels and watch and wait and take some damn profit here and there lol
  • #593
  • May 30, 2019 10:17am May 30, 2019 10:17am
more money made in the damn trenches than most will ever make by using tiny tot lots spread over a vast area ,, learn how to fight and duke it out and use a tight fucking stp ,, you all have the tools ,, some of the simplest ones the most effective,, and by learning tht ,,you will learn how to cover the bigger picture also and see your areas to get in and swing it wont matter the time frame you are trading
  • #594
  • May 30, 2019 10:30am May 30, 2019 10:30am
like the eur has spent months and months just flirting with a big drop ,, cad has been doing same thing flirting with a pop,, only it has a tgt up there a previous quarterly high ,,tht last poke may have been just enough to get the trip underway ,, but the chess match continues ,, one fat finger on either pair will get the big ball rolling ,,in the mean time plink and dink lol plenty there with a few simple tools and get ready for a ride if/when tht fat finger shows up,, and tht ride will come from the areas your looking for day in and day out anyway so you will be positioned fine thts why you roll with it not fight it
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  • #595
  • May 30, 2019 10:41am May 30, 2019 10:41am
cad picture also why ya dont buy a breakout ,, always ,always the snake and stick thing used a lot of its stuff up getting tht poke there majority of the time there will be a consolidation pause ,, like shit I did it now wht lol,, and sure as hell dont buy it and put a stp a million miles away ,, maybe look to where you think your stp has got to be and start looking for an entry there ,,probably treat ya a lot better oh say 70% of the time
  • #596
  • May 30, 2019 10:57am May 30, 2019 10:57am
who wins who loses tomorrow another day ,, eur trying to gain a level back and the shortest average to to give clues ,, cad trying to keep its below tht 1st clue area and a level ,, the chess match continues ,,best part of this day dwindling down tune in later and see who stys above or below what or loses the handle on a level and the shit show starts all over again
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  • #597
  • May 30, 2019 11:38am May 30, 2019 11:38am
not saying its coming but pieces are there but even getting sold off or below signal line on 8 hour those poke towards weekly pivot or longer averages always seem to come ,, what better day than a friday when some may be clearing out for the week atm back above todays open and holding ,, cad below its day open and folding ,, already used the WP for a bounce to try and get a rolling,,,,, as stated earlier ,, tomorrow another day things slowing down today but those are the rough pieces atm
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  • #598
  • May 30, 2019 11:50am May 30, 2019 11:50am
Quoting digger1
not saying its coming but pieces are there but even getting sold off or below signal line on 8 hour those poke towards weekly pivot or longer averages always seem to come ,, what better day than a friday when some may be clearing out for the week atm back above todays open and holding ,, cad below its day open and folding ,, already used the WP for a bounce to try and get a rolling,,,,, as stated earlier ,, tomorrow another day things slowing down today but those are the rough pieces atm {image}{image}{image}{image}
Man, now ur really trying to mess with me throwing all this uc into the mix! I struggle to keep track of my normal three! Made fuck all today - a gold +10 before it reversed and a couple of small losses with shitty entries that i closed out about 3 mins later!
  • #599
  • May 30, 2019 11:52am May 30, 2019 11:52am
Gbp ,, it was justing hoping to salvage anything during a holiday shortened week and come out of the flat line zone lol ,, not tht its there yet really
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  • #600
  • Edited 12:14pm May 30, 2019 11:59am | Edited 12:14pm
Quoting Jp1
{quote} Man, now ur really trying to mess with me throwing all this uc into the mix! I struggle to keep track of my normal three! Made fuck all today - a gold +10 before it reversed and a couple of small losses with shitty entries that i closed out about 3 mins later!
well unfortunately wih the advancement in technology in the mix and everything globally connected ,,its almost a necessity,,, but ,,but ,,, if ya done your home work lol and you took your 1st clues of the day drew a damn line and used tht homework and took your profit or used a trailing stp you would have most of a days range across anything ,,funny how tht works ,, ya cant just watch price go and down,,this is your job ,,, do it lol
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