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Daily Trading Ideas

  • #47,761
  • Feb 12, 2020 9:08am Feb 12, 2020 9:08am
GU watch 4H , set up from there
and 30m entry
PA Return This Week: 30.4%
  • #47,762
  • Feb 12, 2020 9:08am Feb 12, 2020 9:08am
Quoting tupat
{quote} Thank you mate.. you make me feel better..
noworries mate, what i like about this thread is that everybody is friendly and helpful to one another.. hope we can be as good as akim one day.. try and stick to akim strategy for entry.. he always mention, big tF for direction, small tF for entry.. SL is 20-30 pips depending on your entry and market timing.. opening sessions (FF/London/New york/stock market) tends to have more volume in play SL might have to be widen.. news will need extra big SL depending on how market is playing out already.. once you enter into a trade, you should know how much you will lose if this trade go against you, be prepared for losses and at the same time look for different TP areas already.. its like playing poker mate.. you dont go all-in with 2-7 all the best
  • #47,763
  • Feb 12, 2020 9:09am Feb 12, 2020 9:09am
nothing major to expect from Powell, he just repeats what he already said yesterday, he might get different questions afterwards but he already answered 3 hours of questions yesterday too
  • #47,764
  • Feb 12, 2020 9:14am Feb 12, 2020 9:14am
Quoting akim0895
{quote} same as Gu earlier.. when m30 drop and back test again..that time i’m in
hi akim ,i have a question please.
why didnt you let price get to 143.100 region before you sold,why did you have to sell at where you sold...
  • #47,765
  • Feb 12, 2020 9:14am Feb 12, 2020 9:14am
Today stuck
PA Return This Week: 30.4%
  • #47,766
  • Feb 12, 2020 9:16am Feb 12, 2020 9:16am
Quoting LeongPuiy
GU watch 4H , set up from there and 30m entry
thanks dude
  • #47,767
  • Feb 12, 2020 9:17am Feb 12, 2020 9:17am
one thing i told myself was that i wont enter a trade and go out the next second just bscause i feel im loosing out... and im lucky with this rule becuse im winning on my short on gold, pray it continues this way
  • #47,768
  • Feb 12, 2020 9:20am Feb 12, 2020 9:20am
GU range today is 45pips.. how about another 55pips downward..

Or this gu wait for me to close my short position
  • #47,769
  • Feb 12, 2020 9:22am Feb 12, 2020 9:22am
Quoting apin85
{quote} The wma that I mentioned is only 1 indicator. If you can't code just plot 2 wma for high and low. Both 5 period. The remaining is BB 20, standard deviation 2. In codes, something like this. sma20 = sma(varclose, 20) dev = 2 * dev(varclose, 20) upBound = sma20 + dev loBound = sma20 - dev maHi05 = wma(varhigh, 5) maLo05 = wma(varlow, 5) plot_sma20 = plot(sma20, title="sma20", color=#5194FF, linewidth=1, transp=0) plot_upBound = plot(upBound, title="upBound", color=#5194FF, linewidth=1, transp=0) plot_loBound = plot(loBound, title="loBound",...
I can't code thanks, I just have many indicators on chart and thought I could use one only.
Looking for profitable short term trades ...|
  • #47,770
  • Feb 12, 2020 9:27am Feb 12, 2020 9:27am
Quoting Meindozah
{quote} hi akim ,i have a question please. why didnt you let price get to 143.100 region before you sold,why did you have to sell at where you sold...
because there was my setup forming..
same at Gu..
just for a cup of coffee...
  • #47,771
  • Feb 12, 2020 9:28am Feb 12, 2020 9:28am
Common gold bears, .....
  • #47,772
  • Feb 12, 2020 9:32am Feb 12, 2020 9:32am
Quoting tupat
GU range today is 45pips.. how about another 55pips downward.. Or this gu wait for me to close my short position
You keep selling at middle price will just stress you out,
why dnt rest one day, dnt keep counting how much you lose today and want make it back and win some from today, will make you stress when price dancing and retest upside or downside, if you enter at top or bot , that is fine as long as SL in place, you keep enter middle price with tight stop is east get hit or wider stop loss will stress you when it move up or down,
stop this kind of entry, if miss or get stop out get emotional, just take a rest and watch furst,
I get stop out 2 times today but my entry still daily high there , 1st try 2965 stop 2980, second try I am late enter cause i am busy my job at 2973 stop 2990 and hitvagain, I stop and wait near NY time then try again at 2986 and 2984 ,2983,2977 and all stop 3005. But Now I already closed 2 low position to cover half from my early loss.
PA Return This Week: 30.4%
  • #47,773
  • Feb 12, 2020 9:33am Feb 12, 2020 9:33am
Quoting wofvman
Common gold bears, .....
likely no power...
ha ha..
just for a cup of coffee...
  • #47,774
  • Feb 12, 2020 9:43am Feb 12, 2020 9:43am
Quoting LeongPuiy
{quote} You keep selling at middle price will just stress you out, why dnt rest one day, dnt keep counting how much you lose today and want make it back and win some from today, will make you stress when price dancing and retest upside or downside, if you enter at top or bot , that is fine as long as SL in place, you keep enter middle price with tight stop is east get hit or wider stop loss will stress you when it move up or down, stop this kind of entry, if miss or get stop out get emotional, just take a rest and watch furst, I get stop out 2 times...
Thanks for your advise and guide.. I think its time for me to stop trading.. i just burned all money i have and stress myself.. i become irrational and mentally sick.. now gu is going back to upside, and like always, go against me.. im tired..
  • #47,775
  • Feb 12, 2020 9:47am Feb 12, 2020 9:47am
Quoting tupat
{quote} Thanks for your advise and guide.. I think its time for me to stop trading.. i just burned all money i have and stress myself.. i become irrational and mentally sick.. now gu is going back to upside, and like always, go against me.. im tired..
take a break mate.
re write your trading plan
when you're ready come back, but read that trading plan everyday before you trade
all the best and G L
  • #47,776
  • Feb 12, 2020 9:50am Feb 12, 2020 9:50am
GD all! I’ll wait for this h4 pattern on GU to go back up then I’ll reload shorts. Hopefully, then we’ll see some drop
Timbeeeer & Kaboooom
  • #47,777
  • Feb 12, 2020 9:53am Feb 12, 2020 9:53am
Quoting tupat
{quote} Thanks for your advise and guide.. I think its time for me to stop trading.. i just burned all money i have and stress myself.. i become irrational and mentally sick.. now gu is going back to upside, and like always, go against me.. im tired..
better cool down 1st
.
stop trading
.
look back
.
where is my mistake?
.
why im doing that etc
.
need to reverse engineering that
.
that is my 2 cent
.
imho
  • #47,778
  • Feb 12, 2020 9:57am Feb 12, 2020 9:57am
Quoting tupat
{quote} Thanks for your advise and guide.. I think its time for me to stop trading.. i just burned all money i have and stress myself.. i become irrational and mentally sick.. now gu is going back to upside, and like always, go against me.. im tired..
WORSE enemy for retail trader is EMO
.
to scare .. miss train
.
to confident .. overtrade
.
EMOMENTAL there is no one can guide us
.
need to leard from hardschool.. aka our mistake
.
imho
  • #47,779
  • Feb 12, 2020 10:00am Feb 12, 2020 10:00am
Let see .. going to break mini resistance or not
.
next around 1570 +-
.
gold
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  • #47,780
  • Feb 12, 2020 10:00am Feb 12, 2020 10:00am
Spooky zone work flawlesly the 60's
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