General Trading Chat / Ideas

Done for now. Very good profit. Still holding one position sell which is AUDUSD. All the others closed it now manually. Trade safe.

Salute to your knowledge dear Dig the eurusd just ended up the same area u predicted.
As always u are a great trader proud of u
well it was all good week for me second week in profit and all credit goes to my master mind and master of trade Dig who thought me step by step, took my hand while I failed, encouraged me, motivated me, developed systems, 1000 of hours explained and explained repetitively without getting tired of asking the same questions million of times. Just wow so greatful to him.

see u all next week and all have a great weekend.
lcky

Ah no worries Lcky ,, you are doing the work ,,, sure and steady ,, the rest will take care of itself ,, cheers

Evening traders! Missus is out tonight so im in babysitting and thought what better to do than watch a movie (deadpool...again!), beers and my charts!
Here are some of my ideas on eur, gbp and gold....digs style!
Obviously the daily / weekly levels are gonna change tomorrow night!

Good to see ya doing a little home work ,, chance always favors a prepared mind

Not tht it matters much too me ,,, ,,Gold in a rather peculiar area ,, seems just a few short weeks ago it was finally just gonna drop ,,super bearish across the spectrum no matter where ya looked or read ,,,,wrong, as is usually the case Previous high previous low thing ,,,, still above the major averages of all the big time frames ,, tht being the 200 daily weekly and monthly ,,to really be bearish it should at least get below and sty below the shortest of the 3 one would think ,,it hasent even done tht ,,spent 2 quarters below it ,, but couldnt even get to the neck line of a years worth of bears chipping away ,,now a case for either way ,,bears its always the 2nd time to an area to dig in ,,bulls its always the 2nd time to take your profit lol so here we are for the longer term view ,, tantalizing tgts above with in reach and the snake and stick thing now for bears long term ,,grand scheme of things its went from near a 6 year range low to near a 6 year range high ,,in spite of all the normal bullshit one has heard or has been calculated by the " professionals" that is all it has done

What now lol,, well same ole culprit levels will be poked and prodded if it starts down ,, has been a cross on the ole 8 hour ,, friday did close below the quarterly high area which is just slightly above the candle bodies on 8 hour ,,reckon a few days fore it really gets sorted

Short term ,, did have a couple of shts closed at eod Friday ,,, and as most times ,, matching a few weekly levels up with the quarterlies ,, well one done all rite taking what the mkt gave and was pointed the rite way the last 2 weeks ,,no guessing ,, no formulating or calculating bullshit ,,, just an area to enter,, take the ride and collect
Its backed off the highs ,, 8 hour has definitely crossed ,,its got to work on the ole weekly average,, yellow ,, but if stochs on tht keep working lower ,, and it gets below eekly average ,, already below the 1st couple we watch ,, tht would be the m15 200 ema or the 216 lwa ,, dont matter much they are just guides,, should open somewhere around a weekly pivot right at the get go ,,so a 1st level or line in the sand ,, will it hold or fold ,,, what is the next level below ,, seems one can pick tht out easy enough ,,gonna be a W S1 ,, above what do ya have ,,seems tht would be the previous slightly higher high now ,,if it pokes em and the stochs keep working lower on 8 hour where do ya think price is gonna go ,,, doesent take much to follow along in a days time ,,, not just gold but any fucking pair ya trade ,,its not easy ,,but it aint fucking rocket science either ,,and it aint the bullshit most have been told trading is since the day they 1st looked at a chart ,,, few tools available to every body ,,learn how to use em ,,,, quit thinking ya need to look at shit the way the big boys look at shit ,, it aint ever gonna happen ,, learn your charts and the areas you can get in and take a bit of a ride and get your shekels till ride is over then work on the next ride . there is levels tht get used over and over every damn week ,,use them ,, collect, repeat

ya can look at any damn pair ,,, gonna see the same shit ,, same ole shit ,,same ole culprit levels week in and week out ,, above some shit its going up below some shit its going down ,, not much else to look at or think about ,, where is the next level find the pieces to get it there ,,, the ever popular slow moving eur ,, same ole shit

I closed all my shorts Friday on EURUSD had too much profit to leave it over weekend. Thinking about going short again at 1.1250 aiming for below 1.100

gbp ,, hmm any thing to guess at ,,nope not at all

no worries bud ,, always a spot to get in ,,may even be a better one come up ,,

I bet if we get below 1.1190 again we go down a good bit

Many of the yen pairs getting hammered all week ,, what was different about the usjpy ,,, nothing other than one LEVEL would not fold,,, hammered like the others,,,, but no break no shake ,,, does it hold up ,, no idea but tht one little clue kept ya doing the right thing in a very tight area ,,whether selling like the other pairs ya knew at least to take some profit there and the ole +1 stp for entries at the top ,,kept getting whacked from tht weekly average area ,,till friday ,, now its above it again

USDJPY looks like it’s going to go up a good bit

the long range stuff is fun to look at and eventually it gets here ,, but it gets here one day one week one quarter at a time ,,, a lot of daily chart swings (big boy scalping chart) in between ,,whether it does whether it doesent ,,I got into trading to make money not sit and bet on long range shit ,, more money made in the trenches duking it out back and forth on them little daily swings as opposed to throwing a bunch of little ones together over a long period of time ,,, expecting a big pay out at some point in time ,, for most tht is obliterated long before it comes to pass ,, I really thought it would go the last time ,, it didnt ,, thts why I dont trade what I think lol

still got tht weekly high area to contend with ,, but a bit of strength atm ,, next week a whole new week ,, tht high hasent changed as of yet,,but until below some shit chopping up is the way to look

A friend looking to sht the uscad ,,, for 6 quarters it has been above the ole daily 200 sma ,, and tht little pesky ave price with a little practice one was looking the completely opposite way and took a ride and got payed ,,, once again ,, nothing to think about nothing to formulate just an area to try and get in and take a swing ,, ,, dont care who says what ,,tht area is watched ,,like a hawk,,, by any major money manager worth a hill of beans ,, once again ,, no break no shake ,, at the very least it gave one pause and a reason to zero in to some pretty tight area to take a swing ,, either way ,,it always pays better rolling with it not against it tho ,,previous week and a few days it took an ass pounding ,,from a good quarterly level ,,it found a LEVEL to get itself gathered up and well just a few simple things to look at ,,here it is,, at a fifty level ,, Whats the powers tht be decide to do with it this week ,, well a few tools will have you in the ball park ,, may take a few cracks to get it just right , without using the ridiculous 50 or better stps ,, hell if ya do tht put your stop in 1st and wait for price to get there before ya enter ,,you will be closer and make more the majority of the time ,,, a tigher stp makes one pay attension a little bit ,, but your a currency trader ,,its your fucking job lol,,,,,,, but your charts will tell ya if pay attention

I don’t mess with USDCAD USDJPY looks it could go up a good bit if it breaks 108.80.

when it moves it can move a long ways in a hurry for sure ,,,, the same ole shit works tho ,, just another simple point ,, its not the instrument,, its the LEVEL and the set up ,, ya just get payed quicker lol

Member the only fib levels I told ya I looked at lol,, there is a reason ,,,, a few simple things would have most so far ahead of all the normal trading jargon bullshit most are hard pressed to believe it ,, till they experience it ,, then a lot of shit one looked at before becomes just tht ,,shit tht dont matter and is completely useless to turn much of a profit on a consistent basis ,,I know lol,, been there done tht stupid shit ,,never again ,, I know wht it really is lol

108.80 looks to be very important now if it breaks may cause a short squeeze