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General Trading Chat / Ideas

  • #601
  • May 30, 2019 12:09pm May 30, 2019 12:09pm
Even your gold bud ,, little things,,,,, its old school ,, but it is watched by everyone tht knows anything even more so in a commodity ,,the daily 200 ,, there is no money manager worth their salt tht dont
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  • #602
  • May 30, 2019 12:16pm May 30, 2019 12:16pm
and for the most part using one little simple tool ,, you would have most of the trip across a weeks worth of trading ,, or the weeks range
  • #603
  • May 30, 2019 12:18pm May 30, 2019 12:18pm
Quoting digger1
{quote} 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
Done plenty of homework and drawn plenty of lines...and i can only wish i had time to watch price go up and down! While im working, when i get a chance to check my phone usually missed the best entries....so then jump in too late / in a worse place....and then with my tight stops, usually kills me!
starting my homework for tomorrow now - dont worry digs!
  • #604
  • May 30, 2019 12:19pm May 30, 2019 12:19pm
beyond tht ,, who gives a fuck ,, you took your clues ,, done some home work and had a great week ,,, levels levels ,, practice practice ,,leave the guessing and formulations too others ,, use your pieces and your LEVELS and get your shekels ,,next week is next week ,, even tho a day left in this one ,,its a friday ,,tread light with your shekels in the bank already
  • #605
  • May 30, 2019 12:22pm May 30, 2019 12:22pm
Quoting Jp1
{quote} Done plenty of homework and drawn plenty of lines...and i can only wish i had time to watch price go up and down! While im working, when i get a chance to check my phone usually missed the best entries....so then jump in too late / in a worse place....and then with my tight stops, usually kills me! starting my homework for tomorrow now - dont worry digs!
lol,, now ya know why I never sleep ha ,, get hard core man lol,, just kidding of course
  • #606
  • May 30, 2019 12:22pm May 30, 2019 12:22pm
Quoting digger1
Even your gold bud ,, little things,,,,, its old school ,, but it is watched by everyone tht knows anything even more so in a commodity ,,the daily 200 ,, there is no money manager worth their salt tht dont {image}
My 200sma isnt anywhere near where urs is there when i add it....
  • #607
  • May 30, 2019 12:29pm May 30, 2019 12:29pm
Quoting Jp1
{quote} My 200sma isnt anywhere near where urs is there when i add it....
look at it on a daily chart and look at both a sma and an ema ,, you will see one ,,, just watching one pair Jp it still comes down to previous highs and lows and then the best areas ,, dont have to watch a million things ,, just watch your marks and the progression and where your stochs are at ,, top bottom ,patterns etc etc
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  • #608
  • May 30, 2019 12:32pm May 30, 2019 12:32pm
its ther 200ema its using atm and of course tht quarterly low
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  • #609
  • May 30, 2019 1:16pm May 30, 2019 1:16pm
Quoting digger1
its ther 200ema its using atm and of course tht quarterly low {image}
Ahhh yes mate - thats the one....now i got it....thought it was always 200sma!
  • #610
  • May 30, 2019 1:23pm May 30, 2019 1:23pm
Quoting Jp1
{quote} Ahhh yes mate - thats the one....now i got it....thought it was always 200sma!
Every thing , lol, check wht weekly levels around stuff like tht,,,,homework lol
  • #611
  • May 30, 2019 1:33pm May 30, 2019 1:33pm
i had less time the whole month,,,,RAMADAN,,,full month,,,,had been fasting,,,and than its too hot here temprature around 47-48c,,,,6 days left will be back full time with digzno sleep after,,just to concentrate on money
MRMALIK1
  • #612
  • May 30, 2019 1:47pm May 30, 2019 1:47pm
Quoting mrmalik1
i had less time the whole month,,,,RAMADAN,,,full month,,,,had been fasting,,,and than its too hot here temprature around 47-48c,,,,6 days left will be back full time with digzno sleep after,,just to concentrate on money
Concentrate on entries and exits the money will take care of itself bud
  • #613
  • May 30, 2019 1:52pm May 30, 2019 1:52pm
Quoting digger1
{quote} Concentrate on entries and exits the money will take care of itself bud
that craving to enter at every tick has reduced due to that rubber band ,,,,,,my red wrist reminds me not to enter at every tick lolswollen arm feeling pain at bed time too lol,,,
MRMALIK1
  • #614
  • May 30, 2019 1:54pm May 30, 2019 1:54pm
Quoting digger1
{quote} Concentrate on entries and exits the money will take care of itself bud
most of the entries had been the best so far this week,,,but the exists part is still need to work hard on it
MRMALIK1
  • #615
  • May 30, 2019 2:20pm May 30, 2019 2:20pm
Quoting mrmalik1
{quote} most of the entries had been the best so far this week,,,but the exists part is still need to work hard on it
Just remember , takes a bit to break thru a good level it is poked , prodded chipped away at , then once thru it it has to hold it , nobody who want to make some shekel does shit at that level .

Lots of profit taken at those levels ,,, snake and stick thing , if you enter at right end with tho ones doing poking and prodding you can take profit and leave a runne in case level does let go ,,,

Most view tht senario bass akwards always trying to catch retrace on wrong end ,, tht dont pay well. Not easy to get yourself traned the proper way to roll with the little longer daily chart swing ,,, tht passgae of time thing shit takes longer than most view it as
  • #616
  • May 30, 2019 2:30pm May 30, 2019 2:30pm
So in a view ya use a level to take profit too especially day trades , if a level gets taken out it most likely will be revisited and tested so always good to take profit at some or just past big levels or like the gbp last week thru a level hang for just a bit then another plunge then another etc those kind you just pour it on lol and you got a shit load more margin to work with at end of week lol
  • #617
  • May 30, 2019 2:31pm May 30, 2019 2:31pm
Quoting digger1
{quote} Just remember , takes a bit to break thru a good level it is poked , prodded chipped away at , then once thru it it has to hold it , nobody who want to make some shekel does shit at that level . Lots of profit taken at those levels ,,, snake and stick thing , if you enter at right end with tho ones doing poking and prodding you can take profit and leave a runne in case level does let go ,,, Most view tht senario bass akwards always trying to catch retrace on wrong end ,, tht dont pay well. Not easy to get yourself traned the proper way to...
still holding some shorts from below weekly pivot and Q- low in the hope that it will get to QL-4 area stops to plus but hoping that it will go more down if not will aloow it to take me out by hitting my moved stops
MRMALIK1
  • #618
  • May 30, 2019 2:39pm May 30, 2019 2:39pm
Quoting mrmalik1
{quote} still holding some shorts from below weekly pivot and Q- low in the hope that it will get to QL-4 area stops to plus but hoping that it will go more down if not will aloow it to take me out by hitting my moved stops
Getting into profit taking time of week but some critical areas on the line , Friday on holiday shortened week is as good of day if not best day for ole mr fat finger to stroll in , so never assume shit , ya just never know
  • #619
  • May 30, 2019 4:28pm May 30, 2019 4:28pm
Was on the road Jp ,, but in answer 2 your stoch question ,, yes the 22 14 2 works well ,, gets ya used to the stoch patterns ,, longer ones will use the 50 line a bit ,, and at a glance at times keep ya from seeing the wrong thing ,, how ever it is still what longer bigger level is getting worked over and the longer stochs to pay attention too ,, just so ya dont get caught with pants down ,, all in what ya get used too ,, the shorter one ya have to sty up on the ole J hook a bit more ,, and if ya think of them m or w patterns so easy to see after the fact ,,, tht m5 200 helps ya see where them just may originate from and what levels swing after swing as a mkt goes up and down and as its above or below some shit lol
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  • #620
  • May 30, 2019 4:45pm May 30, 2019 4:45pm
3 whacks at tht today ,, failure at the moment ,, so where should one have got in today ,, every time ,, may not hold up but ya got an interest payment out of it plus the cracks at the low or possibly a new one before its all over with and a tight stp to boot ,, who want s to guess and buy at bottom ya can but ya know where ya best be out at if not crushed at bottom ,, if it gets above some shit then ya do this the other way
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