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Price is everything

  • #16,521
  • Edited 5:41am Apr 22, 2011 2:48am | Edited 5:41am
shorted euro . sl to be now
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Trading is all about probability, low risk/high reward ,buy low/sell high
  • #16,522
  • Apr 22, 2011 4:35am Apr 22, 2011 4:35am
Quoting aud
Hi mohammadbadr and welcome.

If I may (as I'm new here) this thread is meant to be about trading without indicators. Just use the PA, ie "Price is everything". If you have a look at Reds charts (it's his thread) you'll see what he has in mind.

Recognise levels of supply and demand and focus on the PA at these levels.
yes, but the in pdf file, many indicators are included in the charts there, maybe i am mistaken.
i am admired with this type of analysis too, let's watch and see.
  • #16,523
  • Apr 22, 2011 4:45am Apr 22, 2011 4:45am
Good morning traders.bought cable.market cold today.
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Gold Expedition Return This Year: -16.4%
  • #16,524
  • Apr 22, 2011 5:11am Apr 22, 2011 5:11am
I have a feeling that trading on Good Friday might be like fishing in custard.
Gonna avoid the frustration and start the weekend now



If
  • #16,525
  • Apr 22, 2011 6:01am Apr 22, 2011 6:01am
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........ scalped cable


went too fast to post entry as it happened
  • #16,526
  • Apr 22, 2011 6:09am Apr 22, 2011 6:09am
am in that entry red at 14
Trading is all about probability, low risk/high reward ,buy low/sell high
  • #16,527
  • Apr 22, 2011 7:32am Apr 22, 2011 7:32am
it's a wise thing to do IMHO...

i'm following you on this..

Quoting Ifmyante
I have a feeling that trading on Good Friday might be like fishing in custard.
Gonna avoid the frustration and start the weekend now



If
  • #16,528
  • Apr 22, 2011 8:18am Apr 22, 2011 8:18am
really the market is too cold today!
  • #16,529
  • Apr 22, 2011 10:01am Apr 22, 2011 10:01am
bought cable for scalp tight stop just under 1.65000
  • #16,530
  • Apr 22, 2011 10:09am Apr 22, 2011 10:09am
The spread looks as big the swings.

Best of luck with it
  • #16,531
  • Apr 22, 2011 10:42am Apr 22, 2011 10:42am
damn.. it's hard to stay away from markets

trading only with small lot sizes - max 0.5

for scalping...

sold uchf @8876

bought eu @4537

looking to buy uj under 81.70 if it gets there
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Attached Image
  • #16,532
  • Apr 22, 2011 10:49am Apr 22, 2011 10:49am
bought eu @ 1.45394 stops @ 1.45249
  • #16,533
  • Apr 22, 2011 10:50am Apr 22, 2011 10:50am
closed uchf @+7

Quoting KennyZ
damn.. it's hard to stay away from markets

trading only with small lot sizes - max 0.5

for scalping...

sold uchf @8876

bought eu @4537

looking to buy uj under 81.70 if it gets there
  • #16,534
  • Apr 22, 2011 10:51am Apr 22, 2011 10:51am
closed eu @+7

this was quick...

Quoting KennyZ
damn.. it's hard to stay away from markets

trading only with small lot sizes - max 0.5

for scalping...

sold uchf @8876

bought eu @4537

looking to buy uj under 81.70 if it gets there
  • #16,535
  • Apr 22, 2011 10:56am Apr 22, 2011 10:56am
Quoting redsword11
bought cable for scalp tight stop just under 1.65000


scalped cable
  • #16,536
  • Apr 22, 2011 11:09am Apr 22, 2011 11:09am
tempted to buy at around 1.0733 but decided to wait and see if it's going to hit buyers again..
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  • #16,537
  • Apr 22, 2011 11:22am Apr 22, 2011 11:22am
Quoting redsword11
bought eu @ 1.45394 stops @ 1.45249

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had an earlier entry higher, will hold
  • #16,538
  • Apr 22, 2011 12:05pm Apr 22, 2011 12:05pm
Quoting redsword11
Attachment



had an earlier entry higher, will hold

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  • #16,539
  • Apr 22, 2011 1:08pm Apr 22, 2011 1:08pm
Quoting redsword11
Attachment

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closed all, that horizontal just where it rebounded earlier is key, if it gets taken north it will act as a R turned S zone for further advance


all out for the week


keep well all
  • #16,540
  • Apr 22, 2011 2:27pm Apr 22, 2011 2:27pm
Quoting redsword11
Attachment



closed all, that horizontal just where it rebounded earlier is key, if it gets taken north it will act as a R turned S zone for further advance


all out for the week


keep well all
That's just superb trading. I will have to work really hard to be able to trade like you.
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