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Why did you start trading and what do you expect from it? 19 replies

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Trade what you see NOT what you expect

  • #17,621
  • Jul 7, 2009 3:28pm Jul 7, 2009 3:28pm
Quoting eohater
The US is in much worse shape than people want to acknowledge, including our President Obama. His Bamanomics is failing and spinning out of control. I'm just sorry that I live here at the moment.
Hey Mate if you ever want to trade the UK session at a decent hour I have a spare room, I even have spre rooms for your kids we could trade in the morning and hit the golf course in the afternoon.
  • #17,622
  • Jul 7, 2009 3:31pm Jul 7, 2009 3:31pm
Quoting davids
Hey Mate if you ever want to trade the UK session at a decent hour I have a spare room, I even have spre rooms for your kids we could trade in the morning and hit the golf course in the afternoon.
Appreciate the offer bro! When I come to the UK, we'll hook up for sure.
Just digging in the trenches like everyone else!
  • #17,623
  • Jul 7, 2009 3:32pm Jul 7, 2009 3:32pm
Quoting Shilva
Here is a thought

All i have heard on CNBC today are talking heads calling for another stimulis package! I think the stock market guys are scared to death it is going to take a dive.

What do they say...."it is better to trade against the heard!"

I jumped on the up-town bus with u guys!
Welcome aboard! Now, let's just hope this is the right seat.

I'll be leaving in 10m and won't look at this position again til around 8pm EST when my next h4 closes. Either TP's hit or SL.
Just digging in the trenches like everyone else!
  • #17,624
  • Jul 7, 2009 3:32pm Jul 7, 2009 3:32pm
Quoting Shilva
Here is a thought

All i have heard on CNBC today are talking heads calling for another stimulis package! I think the stock market guys are scared to death it is going to take a dive.

What do they say...."it is better to trade against the heard!"

I jumped on the up-town bus with u guys!
Welcome Shilva we have lots of shit to get through namely S1 at 1.6134 the the 10 and the 20 and finally 1.6162 where the 35 is sitting so not a lot really for this trade
  • #17,625
  • Jul 7, 2009 3:33pm Jul 7, 2009 3:33pm
Quoting eohater
As always bro, thank you for your insight! Always appreciated.
Heres the 4 hr ..
GBP_USD Spot.png
Attached Image (click to enlarge)
Click to Enlarge Name: GBP_USD Spot.png Size: 12 KB
  • #17,626
  • Jul 7, 2009 3:37pm Jul 7, 2009 3:37pm
Quoting eohater
The US is in much worse shape than people want to acknowledge, including our President Obama. His Bamanomics is failing and spinning out of control. I'm just sorry that I live here at the moment.
I'm in total amazement and shock that the American people have been so hoodwinked by this moron in the white house. He's taken this country from capitalism to fascism in only 6 months. It's a total catastrophe!

The really sad part is, I don't see anyone that's capable of beating him in the next election because the public has no clue what's really going on.

U.S.A....R.I.P. 1776-2009
Hi, my name is Barry and you can keep your doctor...
  • #17,627
  • Jul 7, 2009 3:40pm Jul 7, 2009 3:40pm
Quoting cisco
....
U.S.A....R.I.P. 1776-2009
Sad but true.

Here's a little Metallica

Inserted Video
Just digging in the trenches like everyone else!
  • #17,628
  • Jul 7, 2009 3:42pm Jul 7, 2009 3:42pm
Quoting eohater
Welcome aboard! Now, let's just hope this is the right seat.

I'll be leaving in 10m and won't look at this position again til around 8pm EST when my next h4 closes. Either TP's hit or SL.
Thinking at least 6200.....but we will see!
  • #17,629
  • Jul 7, 2009 3:44pm Jul 7, 2009 3:44pm
Gotta go pick up my son, guys trade well! I'll be back on the forum during close of Asia and open of London.
Just digging in the trenches like everyone else!
  • #17,630
  • Jul 7, 2009 3:46pm Jul 7, 2009 3:46pm
Hi everyone, just a quick query, don`t know if any of you can help. Am in discussion with IG Index at moment as I set an order to open at 161.50 this morning before leaving for work, with a TP of 162.15. Thanks for the hint in your post last night EO! I am unable to access IG from work but can keep an eye on charts and prices and according to all those I`ve seen the price dropped to 161.44 at 09.30 to 09.45 British Summertime this morning. Even taking into account their spread I feel that my trade should have opened but cannot confirm this as I could not access their site. The order did kick in eventually at about 3pm and when I got home I was lucky enough to be able to close at 161.77 for 27 pips but feel a bit aggrieved that the earlier more profitable trade didnt occur. They say their price didnt get to 16150 at that time. anyone assist with their prices from that time?, think I may just have to take one up the derriere from them here! Keep up the good advice and banter everyone, my best read of the day, every day
  • #17,631
  • Jul 7, 2009 3:47pm Jul 7, 2009 3:47pm
Quoting Shilva
Thinking at least 6200.....but we will see!
That will be cool it gives us a platform to short her if she wants to continue on this downward spiral
  • #17,632
  • Jul 7, 2009 3:48pm Jul 7, 2009 3:48pm
Quoting SevvyB
Hi everyone, just a quick query, don`t know if any of you can help. Am in discussion with IG Index at moment as I set an order to open at 161.50 this morning before leaving for work, with a TP of 162.15. Thanks for the hint in your post last night EO! I am unable to access IG from work but can keep an eye on charts and prices and according to all those I`ve seen the price dropped to 161.44 at 09.30 to 09.45 British Summertime this morning. Even taking into account their spread I feel that my trade should have opened but cannot confirm this as I...

My platform didn't hit 6150 during London either. I had a TP set there and it missed it by 3 pips.
Just digging in the trenches like everyone else!
  • #17,633
  • Jul 7, 2009 3:52pm Jul 7, 2009 3:52pm
Quoting eohater
My platform didn't hit 6150 during London either. I had a TP set there and it missed it by 3 pips.
Thanks for reply, now go get your son, you,ll be late!
  • #17,634
  • Jul 7, 2009 3:58pm Jul 7, 2009 3:58pm
Quoting SevvyB
Hi everyone, just a quick query, don`t know if any of you can help. Am in discussion with IG Index at moment as I set an order to open at 161.50 this morning before leaving for work, with a TP of 162.15. Thanks for the hint in your post last night EO! I am unable to access IG from work but can keep an eye on charts and prices and according to all those I`ve seen the price dropped to 161.44 at 09.30 to 09.45 British Summertime this morning. Even taking into account their spread I feel that my trade should have opened but cannot confirm this as I...
this is their chart,the price DID not get to your entry level,by about half a PIP...
Attached Image (click to enlarge)
Click to Enlarge Name: GBP_USD Spot.png Size: 12 KB
  • #17,635
  • Jul 7, 2009 3:59pm Jul 7, 2009 3:59pm
Quoting baz
this is their chart,the price DID not get to your entry level,by about half a PIP...
opps wrong chart sorry

baz
  • #17,636
  • Jul 7, 2009 4:04pm Jul 7, 2009 4:04pm
Quoting Shilva
Here is a thought

All i have heard on CNBC today are talking heads calling for another stimulis package! I think the stock market guys are scared to death it is going to take a dive.
The first stimulus package was a total failure. We spent 800 billion that we didn't have. Now we're calling for another stimulus bill.

It didn't work the first time, so let's try it again. Isn't that the definition of insanity?
Hi, my name is Barry and you can keep your doctor...
  • #17,637
  • Jul 7, 2009 4:04pm Jul 7, 2009 4:04pm
Quoting baz
opps wrong chart sorry

baz
sorry i cant post this chart,BUT IG were correct...i have the same platform

baz
  • #17,638
  • Jul 7, 2009 4:18pm Jul 7, 2009 4:18pm
Quoting baz
sorry i cant post this chart,BUT IG were correct...i have the same platform

baz
Thanks Baz, just have to hit them tomorrow instead!
  • #17,639
  • Edited 4:54pm Jul 7, 2009 4:38pm | Edited 4:54pm
Quoting SevvyB
Hi everyone, just a quick query, don`t know if any of you can help. Am in discussion with IG Index at moment as I set an order to open at 161.50 this morning before leaving for work, with a TP of 162.15. Thanks for the hint in your post last night EO! I am unable to access IG from work but can keep an eye on charts and prices and according to all those I`ve seen the price dropped to 161.44 at 09.30 to 09.45 British Summertime this morning. Even taking into account their spread I feel that my trade should have opened but cannot confirm this as I...
At the Tools on your IG platform, open Real-time Charts (you need java for this). With this chart you are going to add 1.5 pip for buy and minus 1.5 pip at the low value for sell, that would get you the actual price at whatever time on the candle that you are going to look at. If your candle's low plus 1.5 pip do not reach 16150 (16149.5 + 1.5 = 16151) then your trigger is never been pulled. It happened to me before sometimes ago, when the other charting software shows my trigger has been pull, but the data feed IG used was a pip away.

Hope this can help you tracing it up.
Many happy pips returned ...
  • #17,640
  • Edited 4:55pm Jul 7, 2009 4:44pm | Edited 4:55pm
Quoting m0N5Ta
At the Tools on your IG platform, open Real-time Charts (you need java for this). With this chart you are going to add 1.5 pip for buy and minus 1.5 pip at the low value for sell, that would get you the actual price at whatever time on the candle that you are going to look at. If your candle's low plus 1.5 pip do not reach 16150 (16149.5 + 1.5 = 16151) then your trigger is never been pulled. It happened to me before sometimes ago, when the other charting software shows my trigger has been pull, but the data feed IG used was a pip away.

Hope this...
I did have a look at IG's feed, on the chart it shows 16149.5, if you need to sell it means the lowest value was at 16151, it was 1 pip away from your TP what a pity.
Many happy pips returned ...
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