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  • #384,741
  • Feb 11, 2011 8:35am Feb 11, 2011 8:35am
Quoting cloggie
I don't trade gold at all, just FX and individual stocks really, with occasional indices but only rarely at major levels and fixes during the year. Grashid is your Gold man.
alright....
I'm a bit jealous of you ....



wanna trade for a life starting end of 2013


Lets c
Hero calls followed by margin calls...
  • #384,742
  • Feb 11, 2011 8:38am Feb 11, 2011 8:38am
Looks like may just continue to go sideways, gettting close to bed time for me I think.

Taken 30 pips for the night dont need to give any back.

Good trading and have a good weekend all.

Cheers.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #384,743
  • Feb 11, 2011 8:39am Feb 11, 2011 8:39am
Quoting PhAnTi'
alright....
I'm a bit jealous of you ....



wanna trade for a life starting end of 2013


Lets c

Doing this for a living is a big step, make sure you have the capital to trade, and the capital to live of for 6 months to a year. Treat this as a business, get good PC's, good connections, a good broker, a good tax structure, a good trading room, and don't aim for umpteen percentages a day, just for consistency over longer time periods, months and quarters.
  • #384,744
  • Feb 11, 2011 8:39am Feb 11, 2011 8:39am
Quoting PhAnTi'
u sold into support.
nice-

N1ce one PhAnti..
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  • #384,745
  • Feb 11, 2011 8:41am Feb 11, 2011 8:41am
Quoting cloggie
Doing this for a living is a big step, make sure you have the capital to trade, and the capital to live of for 6 months to a year. Treat this as a business, get good PC's, good connections, a good broker, a good tax structure, a good trading room, and don't aim for umpteen percentages a day, just for consistency over longer time periods, months and quarters.
alright C, will consider it
Hero calls followed by margin calls...
  • #384,746
  • Feb 11, 2011 8:41am Feb 11, 2011 8:41am
Cloggie ur up to grab more shorts





just messing.
  • #384,747
  • Feb 11, 2011 8:41am Feb 11, 2011 8:41am
Quoting sonicdeejay
N1ce one PhAnti..
hmm? ^^
Hero calls followed by margin calls...
  • #384,748
  • Feb 11, 2011 8:42am Feb 11, 2011 8:42am
3530 is a mid to 3556...looking for a candle to short .. 3556
those who can, do. those who cant, talk about those who can
  • #384,749
  • Feb 11, 2011 8:42am Feb 11, 2011 8:42am
Quoting gatorinla
3530 is a mid to 3556...looking for a candle to short .. 3556
LoL different side of mine,I see Strongly bounce 3505 area. Move my order stop above 3555, and buy 3556 look for 3582.
Good luck, Dude
  • #384,750
  • Feb 11, 2011 8:44am Feb 11, 2011 8:44am
3508 - 3538 box.
waiting for news in 10.


ph.
Hero calls followed by margin calls...
  • #384,751
  • Feb 11, 2011 8:44am Feb 11, 2011 8:44am
Quoting cloggie
Doing this for a living is a big step, make sure you have the capital to trade, and the capital to live of for 6 months to a year. Treat this as a business, get good PC's, good connections, a good broker, a good tax structure, a good trading room, and don't aim for umpteen percentages a day, just for consistency over longer time periods, months and quarters.
Good advice cloggie, well said.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #384,752
  • Feb 11, 2011 8:46am Feb 11, 2011 8:46am
Quoting cloggie
Doing this for a living is a big step, make sure you have the capital to trade, and the capital to live of for 6 months to a year. Treat this as a business, get good PC's, good connections, a good broker, a good tax structure, a good trading room, and don't aim for umpteen percentages a day, just for consistency over longer time periods, months and quarters.
Good advice Cloggie! Btw, how can I find out what a good broker is for a European citizen?

Edit: I have now some simple stuff, not suitable for when I get somewhat more experienced.
  • #384,753
  • Feb 11, 2011 8:46am Feb 11, 2011 8:46am
Quoting pinkiaiii
Cloggie ur up to grab more shorts





just messing.

Not yet, haven't seen a price pattern yet I like.
  • #384,754
  • Feb 11, 2011 8:47am Feb 11, 2011 8:47am
Quoting cloggie
I still got shorts running on this pair from 3690-ish. Got 92 open trades right now across different pairs, not adding anything longer term, just scalping for 20-40 here and there. Just closed those 6 EU shorts for 28 pips average.
92 open positions - how do you manage that, Cloggie? I am amazed...
  • #384,755
  • Feb 11, 2011 8:48am Feb 11, 2011 8:48am
Quoting Stretch
Good advice Cloggie! Btw, how can I find out what a good broker is for a European citizen?

Do your due dilligence, read up on them on the interwebby, check with the regulators. Only pick a broker that is regulated in your jurisdiction, depending on your deposit, go visit them and talk to them face to face, get a direct line to a cust service rep.
  • #384,756
  • Feb 11, 2011 8:49am Feb 11, 2011 8:49am
Quoting cloggie
I liked it enough to add a few more.
sell hit buy hit
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Verily, in every difficulties there is relief
  • #384,757
  • Feb 11, 2011 8:49am Feb 11, 2011 8:49am
Quoting PhAnTi'
alright.
r u a mad gold bull as well? : P
Elliott says, GOLD will go down big. Have targets between 800 and 500
  • #384,758
  • Feb 11, 2011 8:49am Feb 11, 2011 8:49am
Quoting Stretch
Good advice Cloggie! Btw, how can I find out what a good broker is for a European citizen?

Edit: I have now some simple stuff, not suitable for when I get somewhat more experienced.
activtrades.com ( by asking ff.com members : D)

Phanti.
Hero calls followed by margin calls...
  • #384,759
  • Feb 11, 2011 8:49am Feb 11, 2011 8:49am
Quoting infinitus
92 open positions - how do you manage that, Cloggie? I am amazed...
not that difficult. they are running on different time frames with different TPs. they usually kind of balance each other. he keeps on adding as they close. at least that's how i'm doing it. maybe he has a different approach.
  • #384,760
  • Feb 11, 2011 8:50am Feb 11, 2011 8:50am
Quoting infinitus
92 open positions - how do you manage that, Cloggie? I am amazed...

Loads of screens and loads of patience. Lots of them are scaled in to existing setups, have trades open on 8 pairs right now, some have been open for days though, I couldn't handle this scalping the M15. Scalping/shorter term I only trade one pair at a time and monitor them closely.

I never have a single entry on a pair, I always scale in and out. On longer term trade I can scale in to the point that even after a day I am still at BE, every time I get in the green and have a good idea that it is going to continue I add to it using the market's money really to increase the profits while reducing the risk.
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