General Trading Chat / Ideas | Page 214 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD

Similar Threads

Live forex trading & chat 7 replies

Charts Heads-up for Pro Forex Trading Chat Room 108 replies

Attachments: General Trading Chat / Ideas
Exit Attachments

General Trading Chat / Ideas

  • #4,261
  • Jul 31, 2019 4:37pm Jul 31, 2019 4:37pm
[quote=Techanalyst;12414564]{quote} Well to answer your question about news believers you "Expert" is simple. If you do not understand than i suggest to go back and learn fundamental trading. There is a big difference between investors and traders. Traders trade it's simple, either on a 5 min TF or weekly or monthly but they trade. Investors invest based on fundamentals and technicals, meaning they look at the economical activities and they look at the technical analysis and they based their buy/sell

what i also find interesting is IB trading desks are usually only prop trading about 10%.....and the rest is market making for clients (generally). They usually lose money on these client transactions (to drum up more lucrative business in other assets / products). They r expected to make all this money back (and more) through their 10% prop trading - otherwise they wont be getting a bonus and looking for another job!
  • #4,262
  • Jul 31, 2019 4:41pm Jul 31, 2019 4:41pm
Quoting Aussi
well how nice just got out of bed 7.15am and well what a great down on gold i love gold 2 gold trades did not have a tp in place others have tped and i thank you donald trump and the fed again my broker will be so up set so now have to wait until 8am to close
lol,, think a few big fish got caught with their pants down on tht rise up ,, they trying their damnedest to sell er off ,, wont take much of a geopolitical ripple tho and it will be for naught but it is trying
Attached Image (click to enlarge)
Click to Enlarge Name: 6 eur.jpg Size: 325 KB


Long term ,, eehh not exactly overly bearish ,, poking and prodding the top of 6 or so year box ,, with bottom being one of them there mid point things again lol
Attached Image (click to enlarge)
Click to Enlarge Name: 6 gold 1.jpg Size: 346 KB
  • #4,263
  • Jul 31, 2019 4:46pm Jul 31, 2019 4:46pm
Quoting digger1
{quote} lol,, think a few big fish got caught with their pants down on tht rise up ,, they trying their damnedest to sell er off ,, wont take much of a geopolitical ripple tho and it will be for naught but it is trying {image}
it looked like a massacre the buys , hate it when the broker makes money , maybe donald will do his tweets a we see where it goes mate
people leave, but this thread will go on for ever
  • #4,264
  • Jul 31, 2019 4:58pm Jul 31, 2019 4:58pm
Quoting Aussi
{quote} it looked like a massacre the buys , hate it when the broker makes money , maybe donald will do his tweets a we see where it goes mate
Only if they werent paying attention to tht previous high
  • #4,265
  • Jul 31, 2019 5:22pm Jul 31, 2019 5:22pm
well Jp , we know asia wont do much but will give it a shot ,, got to run may be out these before this gets posted lol ,needs to get above day open , ,, see if it will retest tht qt low ,,moving my shit back where it normally is too lol,, news not the best time to switch things up ,, but they were posted lol ,, did miss a few ,, figured I owed ya a couple from all them areas in gold ya pointed out lol,, cheers bud and to all
Attached Image (click to enlarge)
Click to Enlarge Name: 6 eur to post.jpg Size: 359 KB
  • #4,266
  • Jul 31, 2019 5:40pm Jul 31, 2019 5:40pm
on some real charts ,, the weekly L4 is a biggie ,, below usually means much more ,, not taking it out ,, L3 retested ,, gets above then weekly open comes into focus ,, reasons for said trade ,,had to move my stp just a tad to sty in but back where it was again ,, will see what transpires ,,, cheers all
Attached Image (click to enlarge)
Click to Enlarge Name: 6 eur to post.jpg Size: 391 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 6 eur.jpg Size: 448 KB
  • #4,267
  • Jul 31, 2019 5:43pm Jul 31, 2019 5:43pm
Quoting digger1
well Jp , we know asia wont do much but will give it a shot ,, got to run may be out these before this gets posted lol ,needs to get above day open , ,, see if it will retest tht qt low ,,moving my shit back where it normally is too lol,, news not the best time to switch things up ,, but they were posted lol ,, did miss a few ,, figured I owed ya a couple from all them areas in gold ya pointed out lol,, cheers bud and to all {image}
a little question
this red line is a stop right?
do you use a trailling stop?
How can you keep the trades with such a small space?
tk
  • #4,268
  • Jul 31, 2019 6:06pm Jul 31, 2019 6:06pm
Quoting Capitalone1
{quote} Do not get me wrong, the reason why we are in this business is to make money, you most not trade like me or me like you as long you are making money you are a professional but if you are not happy with your present result then you need to tell yourself the truth and think differently, for me i break the rules and that is what makes me money. the only thing you said that make meaning is the types of traders we have, investors retail traders and amblers and you can change the fact that any one who makes decision based on the 1m to 1 chart...
investors should have been selling the swing highs on the daily chart and collecting tht interest for the last several months ,, as far as trading or traders being refered to as gamblers ,,, there is certain levels and orders tht are respected time after time ,, week after week ,,exploiting tht to ones benefit is not gambling ,, doesnt matter ,,investor ,,trader it comes down to a level ,, whats the next one ,,what pieces does one have to get where ,,for most catching the daily chart swings back and forth is challenge enough ,, as all know and have been thru usually easy to do the wrong thing on the wrong end and then super size the problem by martin galeing into losing postions to get it back ,, if one uses tiny tot lots one can survive ,, dont gain much but survive ,, many just compound the problem by taking bigger bites on each loser added and blow up just as a mkt is about to where they should have been watching to begin with ,,investing is cool ,, I trade ,, I aint gonna wait years for a big pay out ,, I trade to make money ,, spent a lot of years getting my ass kicked ,, wouldnt trade tht learning for anything I could invest in now ,,, There is much available to be had week in and week out ,,, the same shit happens over and over from the same culprit levels and on the daily chart swings back and forth ,, the mkt is not mystical or magical ,, its just support and resistance,a level ,,, a reason to buy it ,sell it or tgt it ,,, terms shorter than whats considered investing does not make it a gamble ,,it just means working in the levels the mkt gives you according to ones own terms
Your input is nice to see ,, glad you posted ,, dont fear posting here ,, a few views can help anyone ,, everything is not all this way or tht way ,, Hell I dont why most get so hung up on bull or bear or any of tht shit ,, if it moves ,,trade it ,, take your shekels and on to the next one
  • #4,269
  • Jul 31, 2019 6:16pm Jul 31, 2019 6:16pm
Quoting kik
{quote} a little question this red line is a stop right? do you use a trailling stop? How can you keep the trades with such a small space? tk
yes it was a stp ,, moved it just enough to sty in it just after rollover ,, its a bitch ,,, far as stying in it ,, if Im wrong and probably am ,, it will probably be by more than a bigger stp is going to be too ,, would rather only lose a few on taking a swing than a bunch ,,, mkts take a level out and retest it then continue on or they dont ,, basically a play for asia ,, they seldom do more than 15 pips and tht will take them hours lol ,,typically retest a low or high or start it back for a retest of an area like tht previous quarterly low,,, could be the low too ,,but days open and the weekly s1 level same spot so above a bit of a double support area if above it for a bit and the good ole nfp yet to go this week ,, so a varible and a fuel drop to go altho not what it used to be ,,course nothing is like the good ole days of fx after the goverments stuck their nose in way deeper than they should ve lol
  • #4,270
  • Jul 31, 2019 6:28pm Jul 31, 2019 6:28pm
Quoting Capitalone1
{quote} Do not get me wrong, the reason why we are in this business is to make money, you most not trade like me or me like you as long you are making money you are a professional but if you are not happy with your present result then you need to tell yourself the truth and think differently, for me i break the rules and that is what makes me money. the only thing you said that make meaning is the types of traders we have, investors retail traders and amblers and you can change the fact that any one who makes decision based on the 1m to 1 chart...
No gambling here. I never gamble, i do not go to casinos. I trade forex it is my business. Read again what i wrote, again and again and again. It will sink in soon or later. Take a look at the charts i posted in your previous post, it was all trade successfully taken due to the news. Trade safe.
  • #4,271
  • Jul 31, 2019 6:34pm Jul 31, 2019 6:34pm
Quoting Capitalone1
{quote} Do not get me wrong, the reason why we are in this business is to make money, you most not trade like me or me like you as long you are making money you are a professional but if you are not happy with your present result then you need to tell yourself the truth and think differently, for me i break the rules and that is what makes me money. the only thing you said that make meaning is the types of traders we have, investors retail traders and amblers and you can change the fact that any one who makes decision based on the 1m to 1 chart...
""""WINNING IS NOT GAMBLE, IS JUST A SKILLFUL AND PROFESSIONAL ATTITUDE AND SUCCESS IS NOT A FANTASY, BUT IT FOLLOWS A PATH OF HARD WORK, DETERMINATION, DEDICATION AND FOCUS WITHIN A SUSTAINABLE PERIOD OF TIME. """

i gamble every day i do 40 to 60 trades per day most days i win all of them , i am a professional trader been trading for well over 30 years in forex i have seen some very good traders and some poor ones i have seen a lot of professional traders go broke over the years and get fired by the bank
people leave, but this thread will go on for ever
  • #4,272
  • Jul 31, 2019 6:39pm Jul 31, 2019 6:39pm
trailing stop question ,, in a manner of speaking ,, on the daily chart swings back and and forth hourly 50 ema or m15 200 ,, a bit of a guide ,, depends on wht fuel drop there is ,, usually sends things to a retest level ,, weekly highs ,lows or a weekly pivot is a biggie ,,cicles on this chart where all some big news annc ,, the same ole ones ,, center one was the ecb interest rate bullshit ,, now into the feds bullshit yesterday now and around or just thru quarterly lows ,,
Attached Image (click to enlarge)
Click to Enlarge Name: 6 eur.jpg Size: 491 KB
  • #4,273
  • Jul 31, 2019 6:40pm Jul 31, 2019 6:40pm
Quoting Aussi
{quote} """"WINNING IS NOT GAMBLE, IS JUST A SKILLFUL AND PROFESSIONAL ATTITUDE AND SUCCESS IS NOT A FANTASY, BUT IT FOLLOWS A PATH OF HARD WORK, DETERMINATION, DEDICATION AND FOCUS WITHIN A SUSTAINABLE PERIOD OF TIME. """ i gamble every day i do 40 to 60 trades per day most days i win all of them , i am a professional trader been trading for well over 30 years in forex i have seen some very good traders and some poor ones i have seen a lot of professional traders go broke over the years and get fired by the bank
How many pips do you aim for per trade
ex nihilo
  • #4,274
  • Jul 31, 2019 6:44pm Jul 31, 2019 6:44pm
the hourly chart posted covers the 2 blue squares on this chart
Attached Image (click to enlarge)
Click to Enlarge Name: 6 eur to post.jpg Size: 375 KB
  • #4,275
  • Jul 31, 2019 6:49pm Jul 31, 2019 6:49pm
An investor last time I figured it made about 3 pips a day plus the interest since circle if in at circle till now ,, be a bit more now with the new low but thts a long time ,, for 3 or maybe 4 pips a day now ,,bills dont wait tht long lol but if ya can wait its great ,,,,
Attached Image (click to enlarge)
Click to Enlarge Name: 6 eur.jpg Size: 282 KB
  • #4,276
  • Jul 31, 2019 6:54pm Jul 31, 2019 6:54pm
Quoting Oc6oph
{quote} How many pips do you aim for per trade

i have no aim mate , look at it this way my commission is $7.00 per $1 lot so any thing over that is profit , when i am in profit i am usually watching the trade so from that moment i could close it any time from then , i know a lot of traders let them run i do not , i take profit when i choose to ,when they do tp its because i am out of the room or a spike happens i do re-enter if i feel its worth it , i know a lot of traders will not agree with what i do but it works for me every day
people leave, but this thread will go on for ever
  • #4,277
  • Jul 31, 2019 6:55pm Jul 31, 2019 6:55pm
And yes the brexit one off was even well underway before it was even conjured up (double white circle ) ,,it just sped things up
Attached Image (click to enlarge)
Click to Enlarge Name: 6 eur.jpg Size: 305 KB
  • #4,278
  • Jul 31, 2019 7:01pm Jul 31, 2019 7:01pm
Quoting Aussi
{quote} i have no aim mate , look at it this way my commission is $7.00 per $1 lot so any thing over that is profit , when i am in profit i am usually watching the trade so from that moment i could close it any time from then , i know a lot of traders let them run i do not , i take profit when i choose to ,when they do tp its because i am out of the room or a spike happens i do re-enter if i feel its worth it , i know a lot of traders will not agree with what i do but it works for me every day...
I understand it’s stressful holding but holding pays well got a little more than my trade account on my NU trade or about 105%
ex nihilo
  • #4,279
  • Jul 31, 2019 7:07pm Jul 31, 2019 7:07pm
Quoting Oc6oph
{quote} I understand it’s stressful holding but holding pays well got a little more than my trade account on my NU trade or about 105%

well done mate glad you making good money , know this if it works for you keep going with your trading plan
people leave, but this thread will go on for ever
  • #4,280
  • Jul 31, 2019 7:11pm Jul 31, 2019 7:11pm
back later missie wants me to help her in the fkn garden but i know where i get fed
people leave, but this thread will go on for ever
3 traders viewing now