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General Trading Chat / Ideas

  • #1,401
  • Jun 16, 2019 2:22am Jun 16, 2019 2:22am
Quoting ZenNy
{quote} Yes. there are trends nearly every day, some shorter some longer, if they are not we fade the extremes...simple, those are the best probably trades, if one has the strength to stick with those with time he will make money........ The issue is how do we determine strength and range? well as you said this is where the trader comes in.... {image}
At tht point in time what did one know ,, it couldnt reach a previous weekly high level ,, a long chart stoch had crossed ,, tht high was a previous daily chart swing high ,, it lost the weekly average ,, tested it ,,, it pirced the weekly pivot ,, thn it dropped below it ,, it then went thru thursdays low ,, tested it it and went where ?,, to the next level ,, Whats a mkt do ,, takes a level out ,, retests it continues on or it dont ,, ,,thts all it was doing thursday and friday ,, after it rolled over from where , a previous daily chart swing high ,,wasent much inbetween wp and the next weekly level and price showed it with a pretty quick drop ,,proabaly a few daily pivot levels in there on the little bounces ,, they are just tgts to wipe out ,, also the bigger one was from quarterly open area it spent all week fucking around for tht move to come to fruition
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  • #1,402
  • Jun 16, 2019 2:28am Jun 16, 2019 2:28am
1st average it lost was the m15 200 ,, then it was the weekly ,,then it was the pivot ,,then it was,, well its easy to see ,, whts the next level down
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  • #1,403
  • Jun 16, 2019 2:31am Jun 16, 2019 2:31am
Only about 14 hours left till market opens
ex nihilo
  • #1,404
  • Jun 16, 2019 2:32am Jun 16, 2019 2:32am
the trip up ,, it 1st got the m15 200 then the weekly then the daily swing high ,, then it rolled over ,, now same shit coming back down ,, nothing different ,, ,, few whackes on way up up but untill cross on the longer chart or daily chart swing high hit ,, where was your best entries ,, ,,same ole same ole ,,months and months of this
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  • #1,405
  • Jun 16, 2019 2:36am Jun 16, 2019 2:36am
the usdcad ,, 1st the m15 ,, then the weekly now half way back to daily swing high ,, tht all these mkts do ,, back and forth ,, few good shts in there but nothing to leave expecting a huge drop , trip up came from where ,, a weekly low area it didnt sty below ,, ,, previous highs previous lows a mid point lol,
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  • #1,406
  • Edited 3:02am Jun 16, 2019 2:39am | Edited 3:02am
Quoting digger1
{quote} At tht point in time what did one know ,, it couldnt reach a previous weekly high level ,, a long chart stoch had crossed ,, tht high was a previous daily chart swing high ,, it lost the weekly average ,, tested it ,,, it pirced the weekly pivot ,, thn it dropped below it ,, it then went thru thursdays low ,, tested it it and went where ?,, to the next level ,, Whats a mkt do ,, takes a level out ,, retests it continues on or it dont ,, ,,thts all it was doing thursday and friday ,, after it rolled over from where , a previous daily chart...
Mate, I do not know what it will do and I do not care because I know my bias based on my interpretation can "f@ck me up" (Dig words while-dwelling with Jack), my interpretations makes me blind for what is.

I prefer to sit on my desk (at LO) and have not preconceive directions, I have a way to determine the weight of the ACTUAL day and I follow it, if there is a strong support nearby (against my short) but my system tells me there is strength opposing it I will stay with my trade until MY OWN technicality tells me to get out, and normally I use a ema for it. Mostly it will pause there (strong support) but not for long.

If my method tells me there is not real strength anywhere then I will fade the extreme...

I also filled my glass as a matter of friendship.
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trading is simple but is simple is not easy.
  • #1,407
  • Jun 16, 2019 2:41am Jun 16, 2019 2:41am
Quoting Oc6oph
Only about 14 hours left till market opens
Lol, you’re dying...
A snails pace wins the race :-)
  • #1,408
  • Jun 16, 2019 2:45am Jun 16, 2019 2:45am
they all easy ,, hell no ,, but if one is swinging in right spot ,, and putting 2 +2 together instead of most bullshit associated with trading ,, one knows where to swing with a tight stp ,, none of tht 50 pips or better bullshit,, one kinda figures out the day s ya can pour it on too ,tht neck line did break lol,
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  • #1,409
  • Jun 16, 2019 2:51am Jun 16, 2019 2:51am
as our friend ,waiting , raining ,, chart aint moving ,, just talking charts ,,nothing more nothing less ,,, like minded purpose ,, make the mkt be your bitch lol,, ,,nothing but green to all my friend ,, cheers ,,
  • #1,410
  • Jun 16, 2019 2:53am Jun 16, 2019 2:53am
True friend hard to find ,,, I consider you one of mine Z man tho never having met live as of yet ,, a true one just the same
  • #1,411
  • Jun 16, 2019 2:54am Jun 16, 2019 2:54am
Quoting Oc6oph
Only about 14 hours left till market opens
tht bitcoin chart was live ,, not tht it matters but if ya wanted to watch a chart go up and down lol
  • #1,412
  • Jun 16, 2019 3:00am Jun 16, 2019 3:00am
Quoting JustPipMe
{quote} Lol, you’re dying...
Can’t wait to see where EURUSD goes if it breaks below 1.1190 again
ex nihilo
  • #1,413
  • Jun 16, 2019 3:01am Jun 16, 2019 3:01am
Quoting digger1
{quote} tht bitcoin chart was live ,, not tht it matters but if ya wanted to watch a chart go up and down lol
I don’t trade crypto. I don’t think bitcoin is going anywhere. It might go to 20k again then plummet is my guess
ex nihilo
  • #1,414
  • Jun 16, 2019 3:07am Jun 16, 2019 3:07am
Quoting Oc6oph
{quote} I don’t trade crypto. I don’t think bitcoin is going anywhere. It might go to 20k again then plummet is my guess
Lol,, if there is one thing Ive learned in trading its never say never ,,, oil at 150 bucks a barrel ,, somebody says it would hit 20 dollars again ,,even I truly chuckled a bit ,, wouldnt have believed it in forever ,,,, buuuut it hit it briefly,, just under it actually , on the futures ,, took it a while ,,but it did ,,, these merry go rounds never quit spinning ,, until they do ,, nothing is ever out of the question
  • #1,415
  • Jun 16, 2019 3:10am Jun 16, 2019 3:10am
Quoting digger1
{quote} Lol,, if there is one thing Ive learned in trading its never say never ,,, oil at 150 bucks a barrel ,, somebody says it would hit 20 dollars again ,,even I truly chuckled a bit ,, wouldnt have believed it in forever ,,,, buuuut it hit it briefly on the futures ,, took it a while ,,but it did ,,, these merry go rounds never quit spinning ,, until they do ,, nothing is ever out of the question
Seems crazy buying these cryptos to me. Do you trade crypto
ex nihilo
  • #1,416
  • Jun 16, 2019 3:15am Jun 16, 2019 3:15am
Quoting Oc6oph
{quote} Seems crazy buying these cryptos to me. Do you trade crypto
no ,, been watching them tho ,, shoulda coulda wished I had stage atm lol,, the more things change the more they sty the same tho ,, just interesting to watch how things are progressing
  • #1,417
  • Jun 16, 2019 3:31am Jun 16, 2019 3:31am
Well traders ,, its been fun lol,, chore time ,, wishing all a great rest of week end ,,cheers
  • #1,418
  • Jun 16, 2019 3:33am Jun 16, 2019 3:33am
Quoting digger1
{quote} no ,, been watching them tho ,, shoulda coulda wished I had stage atm lol,, the more things change the more they sty the same tho ,, just interesting to watch how things are progressing
I don’t watch tv but when I go to my friends house they’ll be watching CNBC and they’ll have some big time analysts or investor talking about bitcoin. The way I see it is after the cameras go off they’re probably all laughing about bitcoin. Probably like saying stuff like “did you just hear yourself on air saying bitcoin going to 100k”
ex nihilo
  • #1,419
  • Jun 16, 2019 5:14am Jun 16, 2019 5:14am
Wow - i swear i was only asleep a few hours, but this thread has been GOING OFF! seems to have been a lot of love and booze flying around!

i see OC6 is well and truly addicted to the markets- on a 14 hour count down already!

cheers racer - getting there with the old charts.....finding following the trend and restricting counter punches is working better for me - who would have thought it!

digs and z man - as always, cheers for the contributions and all the deep shit.......gonna take me the rest of the day to read all the posts again and make some sense of it all.....fathers day over here so might have to wait till after ive finished my family duties!

good sunday to u all, not long till ding ding!
  • #1,420
  • Jun 16, 2019 5:18am Jun 16, 2019 5:18am
Quoting Jp1
Wow - i swear i was only asleep a few hours, but this thread has been GOING OFF! seems to have been a lot of love and booze flying around! i see OC6 is well and truly addicted to the markets- on a 14 hour count down already! cheers racer - getting there with the old charts.....finding following the trend and restricting counter punches is working better for me - who would have thought it! digs and z man - as always, cheers for the contributions and all the deep shit.......gonna take me the rest...
Lol yes just sitting over here looking at EURUSD
ex nihilo
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