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General Trading Chat / Ideas

  • #9,661
  • Oct 1, 2019 12:05am Oct 1, 2019 12:05am
Quoting MrBullBear
{quote} We are still in support aren't we? Or, what time frame you are looking?
All of them buddy. This could very well bounce up, lower timeframe stochs support it, but the overarching theme is short so... longs for scalps, shorts to hold... until the H8 stochs flip and we get above daily/weekly averages.
  • #9,662
  • Oct 1, 2019 12:11am Oct 1, 2019 12:11am
I got long on the little pullback there, will kill it in short order if it doesn't move up soon or just bounces around too much... but better resistance up above for sure. Maybe a Frankie Fakeout to touch the Asian high area and then back down... could go higher, but bulls haven't done shit since last Thursday so I'm gonna stick with the program until things change.
  • #9,663
  • Oct 1, 2019 12:14am Oct 1, 2019 12:14am
Quoting Rrrracer
{quote} All of them buddy. This could very well bounce up, lower timeframe stochs support it, but the overarching theme is short so... longs for scalps, shorts to hold... until the H8 stochs flip and we get above daily/weekly averages.
Fck my dumb mind.... Why I see support and you see resistance. There must be something wrong with my brainy. But yes, i was just trying to scalp long. Eat and run.
Only an idiot knows with certainty to where the market is going.
  • #9,664
  • Oct 1, 2019 12:17am Oct 1, 2019 12:17am
Quoting MrBullBear
{quote} Fck my dumb mind.... Why I see support and you see resistance. There must be something wrong with my brainy. But yes, i was just trying to scalp long. Eat and run.
Do you not remember our home work over the week end ,, there was not one thing to be bullish about ,,,, ,,daily chart ,, where is tht line ? need to worry about where to get sht to wipe tht low ,, those chances ya had to exit the longs ,, wtf ya think was happening there ,,, your thinking it should be support ,, stop thinking ,,, look for support when its above some shit lol
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  • #9,665
  • Oct 1, 2019 12:19am Oct 1, 2019 12:19am
Well on a MTF chart, yeah for sure we are at support. On the M15, we're just trying to chew through that first resistance area and if it goes, then on up to the next one. At some point though, we should be looking to short since we're trying to catch the bigger moves in the direction the market is really moving... which in the case of EU is down
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  • #9,666
  • Oct 1, 2019 12:23am Oct 1, 2019 12:23am
there is your line on hourly ,, where is weekly pivot ,, ? how many trades from hourly 50 ,, or m15 200 ,,, best trades come from ,, the weekly numbers ,,, yellow average a rough ave weekly price ,,,or a 120 ema on hourly or around a m30 200 ,, ,
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  • #9,667
  • Oct 1, 2019 12:25am Oct 1, 2019 12:25am
Quoting Rrrracer
Well on a MTF chart, yeah for sure we are at support. On the M15, we're just trying to chew through that first resistance area and if it goes, then on up to the next one. At some point though, we should be looking to short since we're trying to catch the bigger moves in the direction the market is really moving... which in the case of EU is down {image}
Yeah, i just took long for a quick scalp then will short after retracement.
Only an idiot knows with certainty to where the market is going.
  • #9,668
  • Oct 1, 2019 12:26am Oct 1, 2019 12:26am
draw a damn line ,, posts a few posts have a little fun ,, collect on to next one ,,, no magic ,, no mystery or mystic ,,,,, a level ,, ya buy em ya sell em ya tgt them ,,,, ,, did you see hourly chart back yonder a bit with box and the fib ext and the mid point ,, ,, few different ways to see things and every fucking one of em was pointing down ,,, which way is the mkt going ,,
  • #9,669
  • Oct 1, 2019 12:29am Oct 1, 2019 12:29am
Quoting MrBullBear
{quote} Yeah, i just took long for a quick scalp then will short after retracement.
Right on man... but then the question is, how much of a retracement are you looking for? Where would you close your long and initiate a short? These are the things I struggle with a bit and am still trying to learn how to read the chart accurately. My long is not looking too hot right now LOL, won't give it too much more room... but it could just be a big ole J hook forming on the M15 stochs hahaha!! The challenge is real. Just trying to do the right thing, what the charts tell me to do.
  • #9,670
  • Oct 1, 2019 12:30am Oct 1, 2019 12:30am
Quoting digger1
there is your line on hourly ,, where is weekly pivot ,, ? how many trades from hourly 50 ,, or m15 200 ,,, best trades come from ,, the weekly numbers ,,, yellow average a rough ave weekly price ,,,or a 120 ema on hourly or around a m30 200 ,, , {image}
I don't know how yet thats why I kept my long on that pair for over a week. I closed it already and went back to eurusd now. I don't count entry trades yet, need to study first. Hehe.. Can't figure the set ups yet.
Only an idiot knows with certainty to where the market is going.
  • #9,671
  • Oct 1, 2019 12:32am Oct 1, 2019 12:32am
Quoting Rrrracer
{quote} Right on man... but then the question is, how much of a retracement are you looking for? Where would you close your long and initiate a short? These are the things I struggle with a bit and am still trying to learn how to read the chart accurately. My long is not looking too hot right now LOL, won't give it too much more room.
At nearest resistance @1.09840 and will short right away.
Only an idiot knows with certainty to where the market is going.
  • #9,672
  • Oct 1, 2019 12:34am Oct 1, 2019 12:34am
Frankie might run 'er down and grab the stops below yesterday's low then shoot it up. Or it may plow through them. Gotta be flexible. I got in at a bad spot.
  • #9,673
  • Oct 1, 2019 12:34am Oct 1, 2019 12:34am
x is where your line would be on daily chart across them tails ,, weekly break out cam tgt and an W S 2 in the area ,,, know where shit is at bud ,, this ,,this is all you got ,, as said before ,, you are a currency trader ,, a retail trader ,, not a bank ,, not a hedge fund ,,,, none of tht shit ,, thinking your gonna trade like one is a stupid thought from get go ,,, work with wht the big boys give ya to work with ,,,
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  • #9,674
  • Oct 1, 2019 12:37am Oct 1, 2019 12:37am
may take it all week to get there ,, it may never get there ,,, but atm you have it for a tgt ,,, ,, 6712 is the end of daily candle bodies ,, beyond tht ,, tht is what you have
  • #9,675
  • Oct 1, 2019 12:39am Oct 1, 2019 12:39am
Quoting MrBullBear
{quote} Hehe.. Can't figure the set ups yet.
He just gave them to you...

"where is weekly pivot ,, ? how many trades from hourly 50 ,, or m15 200 ,,, best trades come from ,, the weekly numbers ,,, yellow average a rough ave weekly price ,,,or a 120 ema on hourly or around a m30 200"

Closed my long for -3 pips. Gonna hang out and see what happens at the Frankie open.
  • #9,676
  • Oct 1, 2019 12:39am Oct 1, 2019 12:39am
Quoting digger1
x is where your line would be on daily chart across them tails ,, weekly break out cam tgt and an W S 2 in the area ,,, know where shit is at bud ,, this ,,this is all you got ,, as said before ,, you are a currency trader ,, a retail trader ,, not a bank ,, not a hedge fund ,,,, none of tht shit ,, thinking your gonna trade like one is a stupid thought from get go ,,, work with wht the big boys give ya to work with ,,, {image}
I closed it already. Im longing eurusd now but only scalping the ascending range then will short(depending if there's breakout happen).
Only an idiot knows with certainty to where the market is going.
  • #9,677
  • Oct 1, 2019 12:41am Oct 1, 2019 12:41am
Quoting Rrrracer
{quote} He just gave them to you... "where is weekly pivot ,, ? how many trades from hourly 50 ,, or m15 200 ,,, best trades come from ,, the weekly numbers ,,, yellow average a rough ave weekly price ,,,or a 120 ema on hourly or around a m30 200" Closed my long for -3 pips. Gonna hang out and see what happens at the Frankie open.
What do you mean he just gave it to me?
Only an idiot knows with certainty to where the market is going.
  • #9,678
  • Oct 1, 2019 12:42am Oct 1, 2019 12:42am
Quoting MrBullBear
{quote} I don't know how yet thats why I kept my long on that pair for over a week. I closed it already and went back to eurusd now. I don't count entry trades yet, need to study first. Hehe.. Can't figure the set ups yet.
easy start ,,, weekly open ,,,, then weekly pivot ,, then last weeks high and last weeks low ,, pretty much gives ya what ,, a high ,, a low a mid point lol ,, plus what ya got from your home wrok over week end , where is next weeks pivot gonna be ,,,,,, it will based on wht ,,, wht the fuck happenes this week ,,, every one gets so worried about where it may go ,,, well look where the fuck its been ,if ya want to know where it may go ,,, and tht is a way to start,,, and whens it below shit you look down ,,, when its above shit you look up lol,,,
  • #9,679
  • Oct 1, 2019 12:47am Oct 1, 2019 12:47am
Quoting MrBullBear
{quote} What do you mean he just gave it to me?
"where is weekly pivot ,, ? how many trades from hourly 50 ,, or m15 200 ,,, best trades come from ,, the weekly numbers ,,, yellow average a rough ave weekly price ,,,or a 120 ema on hourly or around a m30 200"
  • #9,680
  • Oct 1, 2019 12:51am Oct 1, 2019 12:51am
Quoting digger1
{quote} easy start ,,, weekly open ,,,, then weekly pivot ,, then last weeks high and last weeks low ,, pretty much gives ya what ,, a high ,, a low a mid point lol ,, plus what ya got from your home wrok over week end , where is next weeks pivot gonna be ,,,,,, it will based on wht ,,, wht the fuck happenes this week ,,, every one gets so worried about where it may go ,,, well look where the fuck its been ,if ya want to know where it may go ,,, and tht is a way to start,,, and whens it below shit you look down ,,, when its above shit you look up...
Done my homework at audusd pair, I closed it. Now the eurusd, i was just following the ascending range and will get out soon. Will wait if there's any breakout or continuation.
Only an idiot knows with certainty to where the market is going.
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