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General Trading Chat / Ideas

  • #11,481
  • Nov 5, 2019 6:20am Nov 5, 2019 6:20am
I was just saying that’s why you mostly see people trading gold are outside of US
ex nihilo
  • #11,482
  • Nov 5, 2019 6:21am Nov 5, 2019 6:21am
Quoting Oc6oph
I thought UJ would get down to 106.60 area or below last months candle before maybe going up
expect 30 or 40pip drop on UJ soon but it could sail through
Turn your wounds into wisdom
  • #11,483
  • Nov 5, 2019 6:26am Nov 5, 2019 6:26am
Quoting Bk55
{quote} expect 30 or 40pip drop on UJ soon but it could sail through
I should have closed once it broke H4 fractal at 108.30 underwater but I’ve added a few on way up
ex nihilo
  • #11,484
  • Nov 5, 2019 6:30am Nov 5, 2019 6:30am
Quoting Oc6oph
{quote} I should have closed once it broke H4 fractal at 108.30 underwater but I’ve added a few on way up
seen a few traders do that add to losing possitions it works until it doesnt. try scaling out the loss when it goes the wrong way on you reducing risk
Turn your wounds into wisdom
  • #11,485
  • Nov 5, 2019 6:31am Nov 5, 2019 6:31am
im free on gold and banked
Turn your wounds into wisdom
  • #11,486
  • Nov 5, 2019 6:36am Nov 5, 2019 6:36am
Quoting Bk55
{quote} seen a few traders do that add to losing possitions it works until it doesnt. try scaling out the loss when it goes the wrong way on you reducing risk
Yes I add at 10 pip intervals. Used to add to winners
ex nihilo
  • #11,487
  • Nov 5, 2019 6:40am Nov 5, 2019 6:40am
Quoting Oc6oph
{quote} Yes I add at 10 pip intervals. Used to add to winners
thats fine if you keep risk in check and its part of the plan
Turn your wounds into wisdom
  • #11,488
  • Nov 5, 2019 6:45am Nov 5, 2019 6:45am
Quoting Bk55
{quote} thats fine if you keep risk in check and its part of the plan
Are you in UJ looks to have found resistance
ex nihilo
  • #11,489
  • Nov 5, 2019 6:50am Nov 5, 2019 6:50am
[quote=Oc6oph;12600364]{quote} Are you in UJ looks to have found resistance[/qu
not in UJ
Turn your wounds into wisdom
  • #11,490
  • Nov 5, 2019 7:01am Nov 5, 2019 7:01am
that woz an intresting 1min candle lol
Turn your wounds into wisdom
  • #11,491
  • Nov 5, 2019 7:02am Nov 5, 2019 7:02am
Quoting Bk55
that woz an intresting 1min candle lol
Yes lol
ex nihilo
  • #11,492
  • Nov 5, 2019 7:19am Nov 5, 2019 7:19am
UJ i wonder what 200 will hold if any the daily 200 or the 5min 200 lol
Turn your wounds into wisdom
  • #11,493
  • Nov 5, 2019 7:25am Nov 5, 2019 7:25am
Quoting Bk55
UJ i wonder what 200 will hold if any the daily 200 or the 5min 200 lol
I just took my loss.
ex nihilo
  • #11,494
  • Nov 5, 2019 7:38am Nov 5, 2019 7:38am
Quoting Bk55
UJ i wonder what 200 will hold if any the daily 200 or the 5min 200 lol
Probably going to 109.50-70 before down is my guess
ex nihilo
  • #11,495
  • Nov 5, 2019 10:16am Nov 5, 2019 10:16am
Quoting Oc6oph
{quote} Probably going to 109.50-70 before down is my guess
yeah possibly or maybe wipe off 38.2 50% of the 4h swing here
Turn your wounds into wisdom
  • #11,496
  • Nov 5, 2019 10:19am Nov 5, 2019 10:19am
Quoting Oc6oph
{quote} I just took my loss.
its happens mate hopefully not to much damage done
Turn your wounds into wisdom
  • #11,497
  • Nov 5, 2019 10:21am Nov 5, 2019 10:21am
Where the hell is Señor Diggs
Turn your wounds into wisdom
  • #11,498
  • Nov 5, 2019 10:25am Nov 5, 2019 10:25am
Quoting Bk55
{quote} its happens mate hopefully not to much damage done
Made mistake should have gotten out earlier
ex nihilo
  • #11,499
  • Nov 5, 2019 10:28am Nov 5, 2019 10:28am
Quoting Bk55
Where the hell is Señor Diggs
I hope all is well with him. Maybe he blew his trade account and will be back when he has funds
ex nihilo
  • #11,500
  • Nov 5, 2019 10:33am Nov 5, 2019 10:33am
try using histogram for entry on 200 no historam tunr no trade hold all the time histograms making high highs

it works well on moving averages
Attached Image (click to enlarge)
Click to Enlarge Name: 200sma histogram.png Size: 169 KB
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