General Trading Chat / Ideas

Thanks for replying. For now i maybe sit and watch first. If there is a chance i will go for short

have to find the levels and the pieces to get it to the next one ,, same ole shit different instrument lol

No worries bud ,, sty green

Youre welcome

Gb or goldieboy ,, dont now if your a newbie,,, an olde experienced hand ,, a big time professional just dropping in to see how us lowly retailers exist lol,, it always comes down to the numbers or the averages on these daily chart swings back and forth ,, I never hold over a week end but on a rare occasion ,,learned tht lesson the hard way ,,,it only takes once ,, I was lucky enough at the time to be on the right side ,, cost me a bunch to keep what I had made ,,(what would have been taken from me had the roles been reversed ) damn brokers lol,, so I always have to find spots to get in and out ,, I use a weekly average price and and beside a daily chart and all the longer ones I posted earlier an 8 hour chart with a stochs tht matches well with the average price ,, then its a matter of tht previous high previous low thing ,, and to be real ,, a daily chart is the big boy scalping chart ,, just a few charts and a few things i use

I have the 8 hour and the hourly for the bigger levels ,, a hourly 200 ,, a weekly average price the ole m15 200 or hourly 50 ,, some smaller ones on hourly I dont normally have up ,, but they equate to an 8 hour ave price or 8 ema ,, then a 16 which is roughly the m5 200 ,, dont normally run the sht ones as said ,, but tht template on an M15 works well for striking when the iron is hot as they say ,, a fuel drop or big news release such as the case today ,, still have the m15 200 but the others equate to shorter obviously ,, the 8 becomes a 2 hour ave price the 16 becomes an average 4 hour price ( what is a biggie as far as charts,,, one tht is stressed in trading circles worldwide,,,, a 4 hour chart )

A very big asian session compared to normal ,, due to the fuel drop late in a day ,, price on many pairs beyond weekly highs and weekly lows ,, some even bigger than weekly levels ,, nasty areas to get caught buying a high or selling a low ,, the trades on m15 are more for making your shekels and getting out ,, the 8 hour and hourly catching the turns on daily chart areas are ones I look to hold for a few days and the afore mentioned things and charts help do tht ,, just an elaboration of the reason I was looking for weakness around current levels in the yen ,, doesent necessarily mean a turn ,,but the levels are right if there is to be one and some retests of closer ones always a possibility when frankie and londons 1st blast of volume hits ,, all the big boys are greedy bastards ,, they never let asia keep the levels they gained all to themselves too often.

As said it always comes down to the numbers lol,, had the privilege of having a couple math whizzes work for me as they were working their way thru college,, a good mathematician with a few numbers will tell ya what ya had for breakfast ,, different sense of humor ,, they would tell jokes using numbers and laugh their ass off while the rest of us would look at em like wtf wrong with you ,, but it always comes down too numbers lol

Morning gents - threads been going OFF while ive been sleeping! Im not quite at Digs level of less/no sleep, more trading
Made some good pips in the end on eur and aud last night with the fuel drop......woke up with some morning delight (no, not that kind!), and pips galore on my EA shorts. Good start to Thursday

my mind was going of in all directions

sure most know how an average works ,,but just in case ,, m15 scalping chart it is just tht ,, an average 4 hour price ,, m15 aqua average matched with the 4 hour chart candles ,, had a big fuel drop ,, strike when the iron is hot ,, big charts are moving decent ,,, 4 hour average price just shows where the add on points are or if ya want to try and get in with some scalps if ya wasent present when the shit started ,, and ya ride till it dont work anymore ,,nothing more to be read into it ,,

Eur had already been dropping for over a week ,,, bit of a tick up ,, right into the weekly average price and the hourly 200 ,, bigger and better areas to get in for a farther drop or at least a retest of the lows ,, the lows were wiped ,,now its how far it goes before a bounce and things slow down lol,, there will be some level but the news fuel still providing fuel atm

lol,, no sleep ,, always sht on time ,, I like news ,, same shit happens only quicker ,, make more in less time ,, make more same resources ,, its tht business mind approach,, alway more capacity less cost less expense,, more efficient use of time ,, yada yada lol,, duty calls tho ,, hope everyone has a great day trading ,,, grab all ya can the mkt will make more ,,cheers all

I shorted USDCAD again not sure about it small position as I went in with a big position on NZDUSD

EA is going well

UJ is down. Thanks Digger1 and Oc6.

lol,, just got a chance to look at something besides my damn phone ,, I was contemplating shting the bejesus out of tht level ,, had a good run with the fed annc and its been a damn good week so far ,, just kinda figured I would let it soak in ,, pigs get slaughtered lol ,,did cacth a few when last weeks high got blasted thru ,, hard to cut hay and keep track of shit tho ,, one or the other suffers ha ,, was just going to update the charts from last nite or morning or whatever the hell it was ,, hope ya got a big chunk of it bud ,,daily chart posted earlier ,, obviously some sellers there just waiting,,,, then the updated one

You’re welcome

My trades are going well now lost small position on UC and removed UC from my charts so I won’t make mistake of trading it again lol was stressful a bit with NU

That will be my last trade for this week. I prefer to wait n see for now.
Have a great weekend both of you

You have a good weekend

You too man ,, have a great one ,,

few eur shts from 1057,, looking for a retest of these lows maybe a poke below ,, 1 .1000 has a nice ring to it ,,stp will be to brkevn real soon here