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Hakuna's pip stash

  • #1,381
  • Oct 31, 2007 9:01pm Oct 31, 2007 9:01pm
Quoting Hakuna Matata
i dont post scalps

why do traders think that if its 10 pips or os--its called a scalp---not necessarily--but eneways--pips are pips

e/j is slower then g/j so i dont wait for 50 pip moves---i bank profits at key levels and renter--+ its asin sesh--so just chillin
so true. if you have 5-10 standards lots on 10 pips........i'll take that all day long
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #1,382
  • Oct 31, 2007 9:02pm Oct 31, 2007 9:02pm
Quoting Hakuna Matata
did u get the pips too?

sure did
  • #1,383
  • Oct 31, 2007 9:03pm Oct 31, 2007 9:03pm
Quoting Hakuna Matata
did u get the pips too?
i got +8
  • #1,384
  • Oct 31, 2007 9:12pm Oct 31, 2007 9:12pm
Quoting Pip Squeak2
HM,
I have an analysis question. Since price is above all moving avg on g/j (daily, weekly, monthly, etc), what normally has happened in the past? Does price keep going or does the process begin again of looking for crossings and bounces off of shorter t/f's?

when it moved above 4hr 100sma i call it an uptrend start
u can draw channels too in 4hr and brk of it can show u the direction if trend and when u trade against trend then aim for shorter tgts.
price never keeps going--it can change direction anytime and start new intraday trends--u have to keep eye on MAJOR s/r level;s and fibs too----its not too easy a question to answer--but i hope u get the point !
keep on studying charts and its history.
  • #1,385
  • Oct 31, 2007 9:14pm Oct 31, 2007 9:14pm
Quoting moneymagnet
so true. if you have 5-10 standards lots on 10 pips........i'll take that all day long
i had 10
  • #1,386
  • Oct 31, 2007 9:14pm Oct 31, 2007 9:14pm
i don't have the courage to trade the "beast" g/j. so I trade the e/j. less spread also.
  • #1,387
  • Oct 31, 2007 9:16pm Oct 31, 2007 9:16pm
Quoting Hakuna Matata
i dont post scalps

why do traders think that if its 10 pips or os--its called a scalp---not necessarily--but eneways--pips are pips

e/j is slower then g/j so i dont wait for 50 pip moves---i bank profits at key levels and renter--+ its asin sesh--so just chillin
Agree...
As you said: take profit as long as you can.
its very hardsick if we have profit but not take yet after that its pull back loss. (sorry my bad english, coz not my native, i hope you all not laughing me!!)

  • #1,388
  • Oct 31, 2007 9:27pm Oct 31, 2007 9:27pm
e/j 1hr. is in an upward channel also.
Attached Image (click to enlarge)
Click to Enlarge Name: ej.JPG Size: 85 KB
  • #1,389
  • Oct 31, 2007 9:29pm Oct 31, 2007 9:29pm
whats your strategy HM on that e/j ?
  • #1,390
  • Oct 31, 2007 9:32pm Oct 31, 2007 9:32pm
Quoting Hakuna Matata
when it moved above 4hr 100sma i call it an uptrend start
u can draw channels too in 4hr and brk of it can show u the direction if trend and when u trade against trend then aim for shorter tgts.
price never keeps going--it can change direction anytime and start new intraday trends--u have to keep eye on MAJOR s/r level;s and fibs too----its not too easy a question to answer--but i hope u get the point !
keep on studying charts and its history.
thanks
  • #1,391
  • Oct 31, 2007 11:25pm Oct 31, 2007 11:25pm
u still "scalping" HM? gettin some movement and i am gettin ready to go to bed.
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #1,392
  • Nov 1, 2007 2:47am Nov 1, 2007 2:47am
L 240.15
  • #1,393
  • Nov 1, 2007 2:55am Nov 1, 2007 2:55am
so glad to see you here bro..

Quoting Hakuna Matata
L 240.15
  • #1,394
  • Nov 1, 2007 2:58am Nov 1, 2007 2:58am
Quoting intelmaster
so glad to see you here bro..

just woke from a long nap--cant believe i fell asleep fro so long

still half groggy !
  • #1,395
  • Nov 1, 2007 3:01am Nov 1, 2007 3:01am
long signal was from 239.94--missed that one
  • #1,396
  • Nov 1, 2007 3:01am Nov 1, 2007 3:01am
Quoting Hakuna Matata
long signal was from 239.94--missed that one

and this one already has reached a 30-40 pips tgt

lets see if this carries on further up
  • #1,397
  • Nov 1, 2007 3:04am Nov 1, 2007 3:04am
hmmm quite a suden drop

exit at 240.14
  • #1,398
  • Nov 1, 2007 3:05am Nov 1, 2007 3:05am
sorry folks --got a reversal
got out with 1 pip loss
will wait for nxt signal
  • #1,399
  • Nov 1, 2007 3:05am Nov 1, 2007 3:05am
larger tf's are extremely overbought since 12hours ago bro..

Quoting Hakuna Matata
hmmm quite a suden drop

exit at 240.14
  • #1,400
  • Nov 1, 2007 3:06am Nov 1, 2007 3:06am
Quoting Hakuna Matata
sorry folks --got a reversal
got out with 1 pip loss
will wait for nxt signal

wow--BAD EXIT !!!!!
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