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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

  • #19,701
  • Jul 23, 2009 10:08am Jul 23, 2009 10:08am
That S&P shampoo seems to have been broken so perhaps a poke above 1000 and then the overdue correction may finally commence
'The past will always show us the future'
  • #19,702
  • Jul 23, 2009 10:09am Jul 23, 2009 10:09am
Quoting terje
thanks for explaining, I didn't know about that law in the US. In the UK, with spreadbets anyway, you can force open a ticket in the opposite direction in the same account. Now I know why you guys use 2
You can open longs and shorts in the same account on non spread betting accounts here in the UK I do it all the time
  • #19,703
  • Jul 23, 2009 10:10am Jul 23, 2009 10:10am
my 4h closed 10m ago
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'The past will always show us the future'
  • #19,704
  • Jul 23, 2009 10:10am Jul 23, 2009 10:10am
Quoting davids
Good Mate nice sunny day here today good day for golf
It's overcast here today, but I'd still play. I played last Friday and a friend I was with hit his first ever hole in one. Lucky bastard! I've not had the pleasure of hitting one yet. Here's the irony of his hole in one, it was a brand new ball just out of the sleeve. He put it in his pocket to never hit it again.
Just digging in the trenches like everyone else!
  • #19,705
  • Jul 23, 2009 10:12am Jul 23, 2009 10:12am
Morning all... hows it going? Some nice moves since asia/london going on... got up just in time for that h1 hammer.. got in at 6490 and took some profit at 6540, rest locked... I see the daily has taken control and gave us the formation we discussed yesterday...
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Patience + Discipline - Greed = Success
  • #19,706
  • Jul 23, 2009 10:13am Jul 23, 2009 10:13am
Quoting Infinity
Morning all... hows it going? Some nice moves since asia/london going on... got up just in time for that h1 hammer.. got in at 6490 and took some profit at 6540, rest locked... I see the daily has taken control and gave us the formation we discussed yesterday...
Good morning bro! All is well here, sitting on some shorts myself from 6540, booked some good profit, SL is on the other side of 6550. It's not looking good atm though for my position.
Just digging in the trenches like everyone else!
  • #19,707
  • Jul 23, 2009 10:15am Jul 23, 2009 10:15am
Just to recap.. 3k less unemployed than expected. thats a reduction of 5% from expected and an extra half million poor sods on the doll. And Dow rallies 80 points breaking major resistance and looks like she wants to tickle 10k. Man, they gotta stop snorting that shit in NY...

Aaish bru! Its ok. my long is loving it even if she is a weakling

Quoting eohater
I think it's bullshit, but what do I know. Everyone in America thinks the world is back on track and better times are here again. They have no fuckin clue. I'm still bearish on the DOW, regardless of this last week's activity.
Ride the Bulls bearback!
  • #19,708
  • Jul 23, 2009 10:16am Jul 23, 2009 10:16am
Quoting eohater
It's overcast here today, but I'd still play. I played last Friday and a friend I was with hit his first ever hole in one. Lucky bastard! I've not had the pleasure of hitting one yet. Here's the irony of his hole in one, it was a brand new ball just out of the sleeve. He put it in his pocket to never hit it again.

Nice one does he play a lot, it better than a ball that has been used 2 or 3 times this way he can mount it as a trophy
  • #19,709
  • Jul 23, 2009 10:16am Jul 23, 2009 10:16am
Quoting eohater
Good morning bro! All is well here, sitting on some shorts myself from 6540, booked some good profit, SL is on the other side of 6550. It's not looking good atm though for my position.
As I was typing my SL was hit. I'll wait for the turn of the h4 for a new position probably.
Just digging in the trenches like everyone else!
  • #19,710
  • Jul 23, 2009 10:17am Jul 23, 2009 10:17am
Quoting Infinity
Morning all... hows it going? Some nice moves since asia/london going on... got up just in time for that h1 hammer.. got in at 6490 and took some profit at 6540, rest locked... I see the daily has taken control and gave us the formation we discussed yesterday...
Morning Bro
  • #19,711
  • Jul 23, 2009 10:18am Jul 23, 2009 10:18am
I had enough sence to add to my long when she pulled back to the 21ema off 6550!
  • #19,712
  • Jul 23, 2009 10:19am Jul 23, 2009 10:19am
Quoting eohater
As I was typing my SL was hit. I'll wait for the turn of the h4 for a new position probably.
Good job on the shorts bro! I know you already got some nice profit on it... I think 6600 is in sight now...
Patience + Discipline - Greed = Success
  • #19,713
  • Jul 23, 2009 10:21am Jul 23, 2009 10:21am
Quoting davids
Morning Bro
Hey David... I trust all is well...
Patience + Discipline - Greed = Success
  • #19,714
  • Jul 23, 2009 10:23am Jul 23, 2009 10:23am
Quoting Shilva
I had enough sence to add to my long when she pulled back to the 21ema off 6550!
6505? 21ema is a great one for trades!
'The past will always show us the future'
  • #19,715
  • Jul 23, 2009 10:31am Jul 23, 2009 10:31am
Quoting Infinity
Good job on the shorts bro! I know you already got some nice profit on it... I think 6600 is in sight now...
I think 6600 might be in our sights as well, but I can also see this h4 closing and turning around.
Just digging in the trenches like everyone else!
  • #19,716
  • Jul 23, 2009 10:33am Jul 23, 2009 10:33am
Quoting Shilva
I had enough sence to add to my long when she pulled back to the 21ema off 6550!
Good job bro!
Just digging in the trenches like everyone else!
  • #19,717
  • Jul 23, 2009 10:37am Jul 23, 2009 10:37am
Quoting davids
Nice one does he play a lot, it better than a ball that has been used 2 or 3 times this way he can mount it as a trophy
He probably plays 3x per week. He called maxfli and told them about it, they took all info about the hole, which club he used and all that and their sending him something as a momento as well. I get a hole in one and I'll probably throw my clubs in the nearest waterhole and never play again.
Just digging in the trenches like everyone else!
  • #19,718
  • Jul 23, 2009 10:43am Jul 23, 2009 10:43am
Quoting eohater
I think 6600 might be in our sights as well, but I can also see this h4 closing and turning around.
agreed!
Patience + Discipline - Greed = Success
  • #19,719
  • Jul 23, 2009 10:44am Jul 23, 2009 10:44am
Quoting Infinity
Hey David... I trust all is well...
Fantastic Mate

I closed my GU long earlier when she was stalling also made a nice 79 pips on gbpchf this morning and now I am flat.

I also had 4 trades that took me out at BE +1

It goes like that some days trades look very promising then all of a sudden you get stopped out, EU has been dragging GU and EJ all over the place today before finally deciding on a direction

Need I ask how your trading going as I assume it one winner after another with you
  • #19,720
  • Jul 23, 2009 10:44am Jul 23, 2009 10:44am
Quoting terje
you guys can't hold shorts and longs in a single account?
I am trading with oanda US company, the situations like EO's
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