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Price is everything

  • #16,721
  • Apr 25, 2011 7:13pm Apr 25, 2011 7:13pm
don't like the pa atm.. closed @+6.. getting sleepy... need to hit the bunker...

Quoting KennyZ
trying to scalp the gold without pa confirmation.. but doesn't look promising so far..

depending on pa i may close it around be..
  • #16,722
  • Apr 25, 2011 7:13pm Apr 25, 2011 7:13pm
bought gold @ 1498.74 stops @ 1495.25
  • #16,723
  • Apr 25, 2011 7:19pm Apr 25, 2011 7:19pm
Quoting redsword11
bought gold @ 1498.74 stops @ 1495.25


tg 1503.75
  • #16,724
  • Apr 25, 2011 7:36pm Apr 25, 2011 7:36pm
closed slv -25 points gold -150 points.
  • #16,725
  • Apr 25, 2011 7:39pm Apr 25, 2011 7:39pm
made some +7 ..



Quoting mangalesh
took ucad for scalping some
Trading is all about probability, low risk/high reward ,buy low/sell high
  • #16,726
  • Apr 25, 2011 8:57pm Apr 25, 2011 8:57pm
Quoting frankkn
Took the same long. My first trade from a mobile phone @ 4514 while in line buying beer at a gas station. Stop to BE already and I'm targeting that supply.
Still holding this fucker

Going to bed I'll see you boys in 8 hours
  • #16,727
  • Apr 25, 2011 11:44pm Apr 25, 2011 11:44pm
+53 flat on euro .... Supply , demand is working very well red . Thanks to red for sharing this

Does this work on comodities too ? anyone does it ?



Quoting mangalesh
got long on eu here
Trading is all about probability, low risk/high reward ,buy low/sell high
  • #16,728
  • Apr 26, 2011 12:39am Apr 26, 2011 12:39am
Quoting mangalesh
+53 flat on euro .... Supply , demand is working very well red . Thanks to red for sharing this

Does this work on comodities too ? anyone does it ?
Hy,

supply and demand works in all markets and all time frames, just look to the left and see where the important and dominant areas are...

All the best

Dane
  • #16,729
  • Apr 26, 2011 1:05am Apr 26, 2011 1:05am
Quoting mangalesh

Does this work on comodities too ?
any pair, any timeframe ...
TRUST THE PROCESS !
  • #16,730
  • Apr 26, 2011 1:26am Apr 26, 2011 1:26am
Short Oz
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  • #16,731
  • Apr 26, 2011 1:29am Apr 26, 2011 1:29am
Quoting Ifmyante
Short Oz
Scalped. Out
  • #16,732
  • Apr 26, 2011 1:42am Apr 26, 2011 1:42am
Quoting Ifmyante
Scalped. Out
Short again
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  • #16,733
  • Apr 26, 2011 1:44am Apr 26, 2011 1:44am
Quoting Ifmyante
Short again
Scalped a few and out again
  • #16,734
  • Apr 26, 2011 2:42am Apr 26, 2011 2:42am
Quoting redsword11
tg 1503.75

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hit tg
  • #16,735
  • Apr 26, 2011 2:45am Apr 26, 2011 2:45am
shorted au
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Trading is all about probability, low risk/high reward ,buy low/sell high
  • #16,736
  • Apr 26, 2011 2:51am Apr 26, 2011 2:51am
Quoting mangalesh
shorted au
yup.

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Hero calls followed by margin calls...
  • #16,737
  • Apr 26, 2011 2:53am Apr 26, 2011 2:53am
eurgbp

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no need to explain.
Hero calls followed by margin calls...
  • #16,738
  • Apr 26, 2011 2:56am Apr 26, 2011 2:56am
missed this one...
price reacted at previous day high ( green dotted line) and daily R1.

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Hero calls followed by margin calls...
  • #16,739
  • Apr 26, 2011 2:57am Apr 26, 2011 2:57am
missed that one as well.... -.-

would habe been a easy price into Demand textbook trade

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Hero calls followed by margin calls...
  • #16,740
  • Apr 26, 2011 3:18am Apr 26, 2011 3:18am
Currently short on AU and long on EURCHF

http://img820.imageshack.us/img820/2148/euj1.gif

http://img13.imageshack.us/img13/5493/euj2.gif

Ended up taking a hit on buying silver last night of -50...just recently started to take a few trades on silver, but might ease up and just watch levels for now until I get a better feel for it.
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