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General Trading Chat / Ideas

  • #1,821
  • Jun 18, 2019 6:52pm Jun 18, 2019 6:52pm
Quoting ZenNy
{quote} luv ya
My charts like my equipment,,they get a little dirty looking when pushed to get a job done ,, but the job gets done lol,, hope your good bud ,, aint even had time to look at a chart other than phone and its way past the make sense of it from phone stage lol
  • #1,822
  • Jun 18, 2019 6:58pm Jun 18, 2019 6:58pm
Quoting ZenNy
{quote} closed +1 second half...went short usdcad with stop order @ 3416, now SL @3406...........
trailed to 3390
trading is simple but is simple is not easy.
  • #1,823
  • Jun 18, 2019 7:01pm Jun 18, 2019 7:01pm
Quoting ZenNy
not sure going short sterling atm, seems a bit of accumulation phase.......anyway do not take me so seriously ....I see many things many times...
.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 34 KB
trading is simple but is simple is not easy.
  • #1,824
  • Jun 18, 2019 7:16pm Jun 18, 2019 7:16pm
Quoting ZenNy
{quote} . {image}
Looks like it’s going to 1.2900
ex nihilo
  • #1,825
  • Jun 18, 2019 7:26pm Jun 18, 2019 7:26pm
Long 1.2566 GU TP 1.2870
ex nihilo
  • #1,826
  • Jun 18, 2019 7:26pm Jun 18, 2019 7:26pm
Just a small position due to the margin it ties up
ex nihilo
  • #1,827
  • Jun 18, 2019 7:28pm Jun 18, 2019 7:28pm
Up pretty good on NZD and AUD trades so far
ex nihilo
  • #1,828
  • Jun 18, 2019 7:33pm Jun 18, 2019 7:33pm
AUDUSD took out .6870 may go to .7000
ex nihilo
  • #1,829
  • Jun 18, 2019 7:49pm Jun 18, 2019 7:49pm
Quoting Oc6oph
{quote} Looks like it’s going to 1.2900
I would not to make a prediction, they create concepts and make me blind. I trade PA.

I attack and quickly go in the defence mode, if it goes my way in a clear trend I trail my SL until stopped out. Big money is made in a few trades.
trading is simple but is simple is not easy.
  • #1,830
  • Jun 18, 2019 7:57pm Jun 18, 2019 7:57pm
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM30.png Size: 56 KB
  • #1,831
  • Jun 18, 2019 8:00pm Jun 18, 2019 8:00pm
Quoting ZenNy
{quote} I would not to make a prediction, they create concepts and make me blind. I trade PA. I attack and quickly go in the defence mode, if it goes my way in a clear trend I trail my SL until stopped out. Big money is made in a few trades.
I trade PA as well. I try to get at least 100 pips
ex nihilo
  • #1,832
  • Jun 18, 2019 8:05pm Jun 18, 2019 8:05pm
Quoting Techanalyst
{image}
In this as well looks risky
ex nihilo
  • #1,833
  • Jun 18, 2019 8:12pm Jun 18, 2019 8:12pm
Quoting Oc6oph
{quote} I trade PA as well. I try to get at least 100 pips
It is not always possible. You need to take in consideration the market condition of the moment. Trying to take 100 pips in a range of 30 is a losing game

And to understand market conditions you need to study a lot and be humble...... and most of all you need to work on yourself.
trading is simple but is simple is not easy.
  • #1,834
  • Jun 18, 2019 8:23pm Jun 18, 2019 8:23pm
Quoting ZenNy
{quote} It is not always possible. You need to take in consideration the market condition of the moment. Trying to take 100 pips in a range of 30 is a losing game And to understand market conditions you need to study a lot and be humble...... and most of all you need to work on yourself.
I see range of about 800 on GU I use multiple positions. Not sure what you mean by work on yourself.
ex nihilo
  • #1,835
  • Jun 18, 2019 8:58pm Jun 18, 2019 8:58pm
Quoting Oc6oph
{quote} I see range of about 800 on GU I use multiple positions. Not sure what you mean by work on yourself.
He means not trade based on your emotions and fomo, which you are doing
A snails pace wins the race :-)
  • #1,836
  • Jun 18, 2019 9:06pm Jun 18, 2019 9:06pm
Quoting JustPipMe
{quote} He means not trade based on your emotions and fomo, which you are doing
I make mistakes from time to time but these are not FOMO trades that I’ve taken.
ex nihilo
  • #1,837
  • Jun 18, 2019 9:13pm Jun 18, 2019 9:13pm
Quoting Oc6oph
{quote} I see range of about 800 on GU I use multiple positions. Not sure what you mean by work on yourself.
all traders need to work on themselves (great trades are not born....they make themselves), trading is based a lot on emotions: fear, greed, over confidence, depressed phase...and on and on...those emotions if not dealt with they will sabotage the optimal level of trading.....they are a few good books one needs to read and study on the psychology of trading......a trader getting euphoric when he wins and depressed when she losses indicates exactly that....the absence in dealing with oneself....a trader on his way to his peak trades without letting his emotions sabotaging his trading and his emotional stability. done for the morning...see ya a Frankie.
trading is simple but is simple is not easy.
  • #1,838
  • Jun 18, 2019 9:36pm Jun 18, 2019 9:36pm
Quoting ZenNy
{quote} all traders need to work on themselves (great trades are not born....they make themselves), trading is based a lot on emotions: fear, greed, over confidence, depressed phase...and on and on...those emotions if not dealt with they will sabotage the optimal level of trading.....they are a few good books one needs to read and study on the psychology of trading......a trader getting euphoric when he wins and depressed when she losses indicates exactly that....the absence in dealing with oneself....a trader on his way to his peak trades without...
I understand I make mistakes after getting my account up a good bit but I’m going to try not to let it bother me. The trades I’ve taken today on AUDUSD and NZDUSD could possibly be big moves and get my account back up from my mistake of risking too much yesterday on EU. I’m just going to work my account up to a certain level before taking any big risk
ex nihilo
  • #1,839
  • Jun 18, 2019 11:17pm Jun 18, 2019 11:17pm
Closed my long on EURUSD $-56 loss. Will check back before 430am GBP CPI y/y news.
  • #1,840
  • Jun 18, 2019 11:22pm Jun 18, 2019 11:22pm
Quoting Techanalyst
Closed my long on EURUSD $-56 loss. Will check back before 430am GBP CPI y/y news.
Why did you close
ex nihilo
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