Forex Day Trading | Page 4 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Day Trading vs. Swing Trading vs. Position Trading 86 replies

Forex Trading: Incorporating Price Behavior into a Forex Trading System 4 replies

End of Forex Day - Start of Forex Day 13 replies

How did soros make 1.1 billion in one day trading forex 13 replies

Day trading and forex 0 replies

Attachments: Forex Day Trading
Exit Attachments

Forex Day Trading

  • #61
  • Aug 12, 2011 6:39am Aug 12, 2011 6:39am
Long EU 5min chart for +25 pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 3.jpg Size: 63 KB
Click to Enlarge Name: 4.jpg Size: 63 KB
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #62
  • Aug 13, 2011 9:28pm Aug 13, 2011 9:28pm
Quoting DarkWolF
Long EU 5min chart for +25 pips
Quoting DarkWolF
Quick short EURUSD 5min chart for +12 out quickly as against the current trend.
u r a gr8 pips picker! i cant image how could i do that? swiftly action... swiftly profit
  • #63
  • Aug 13, 2011 9:51pm Aug 13, 2011 9:51pm
i short eur-aud yesterday after seeing the pb on tue followed by the bear candle on thur, for rr 1:1. the closed yesterday was a small pb and would like this to add some strength to go south next week.
cheers
Attached Image (click to enlarge)
Click to Enlarge Name: e-a short.gif Size: 26 KB
  • #64
  • Aug 15, 2011 5:38am Aug 15, 2011 5:38am
A quick long trade on EU 5 min chart for +13. Entry and exit shown on the image.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 79 KB
Click to Enlarge Name: 2.jpg Size: 70 KB
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #65
  • Aug 15, 2011 6:55am Aug 15, 2011 6:55am
Quoting DarkWolF
EU is being kind tonight.

5 min chart closed for +42 pips.

so how did u know to short that? i dont understand this...please tell me. i just opened up a new account...though i'm doing well but i want more knowledge
  • #66
  • Aug 15, 2011 7:18am Aug 15, 2011 7:18am
Quoting nbafx
u r a gr8 pips picker! i cant image how could i do that? swiftly action... swiftly profit
Just need to take greed out of the equation, especially on the short term charts. Price will move around quite a bit on short term charts and where you had profit on the board you can quickly be stopped out.

Follow your rules and trade with discipline.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #67
  • Aug 15, 2011 5:30pm Aug 15, 2011 5:30pm
loss 20 pips after yesterday's bull candle closed pass over 3 previous bear candles. comment?
Attached Image (click to enlarge)
Click to Enlarge Name: e-g 10-8 short 96x.gif Size: 25 KB
  • #68
  • Aug 16, 2011 5:24am Aug 16, 2011 5:24am
Hi nba,

I have the same position open but will be letting run, if it gets stopped it gets stopped. Didnt you have your original stop above the highs of the larger spikes ?
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #69
  • Aug 16, 2011 5:35am Aug 16, 2011 5:35am
hey which indicators and oscillators do u guys use? and how do u use them? as in what happens when that triggers u to short or long a stock? please send me a link or something to its guide because i want to learn this stuff! please.
  • #70
  • Aug 16, 2011 5:42am Aug 16, 2011 5:42am
Not much going on with the shorter TF chart at the moment, looks like 1.44000 is holding with some resistance evident there at the moment. Price stuck in a 30 ish pip range just under that level.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #71
  • Aug 16, 2011 5:49am Aug 16, 2011 5:49am
Quoting aman.bashir
hey which indicators and oscillators do u guys use? and how do u use them? as in what happens when that triggers u to short or long a stock? please send me a link or something to its guide because i want to learn this stuff! please.
Hi aman,

If you are new to trading I could suggest this site for a good starting point. There is plenty of information here on the basics of a lot of the indicators etc and plenty of videos and reading.

http://www.informedtrades.com/f111/

Hope this helps.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #72
  • Aug 16, 2011 5:52am Aug 16, 2011 5:52am
Quoting DarkWolF
Hi aman,

If you are new to trading I could suggest this site for a good starting point. There is plenty of information here on the basics of a lot of the indicators etc and plenty of videos and reading.

http://www.informedtrades.com/f111/

Hope this helps.
thank you darkwolf...ur a god send! also my name is aman. hopefully in a week or so ill try to give my input into this thread too...if i make errors please correct me. and be patient with me. thankyou again for ur help.
  • #73
  • Aug 16, 2011 6:45am Aug 16, 2011 6:45am
Quoting aman.bashir
thank you darkwolf...ur a god send! also my name is aman. hopefully in a week or so ill try to give my input into this thread too...if i make errors please correct me. and be patient with me. thankyou again for ur help.
No probs.

Cheers
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #74
  • Aug 16, 2011 8:13am Aug 16, 2011 8:13am
Had a few PC problems last few days after formatting my PC. Seems like finally got everything up and going again.

Now just gotta get my trading platforms loaded up charts set up etc, have had to trade from laptop last few days not quite the screen size that one needs though
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #75
  • Aug 16, 2011 8:56am Aug 16, 2011 8:56am
Quoting DarkWolF
Hi nba,

I have the same position open but will be letting run, if it gets stopped it gets stopped. Didnt you have your original stop above the highs of the larger spikes ?
i do understand your point to let the market close it up.

at times like this morning, when i noticed the PA as stated above not favoring my plan, i would exit. moreover, you see, i might be wrong here, the previous long bull candle is "tallied" in the same direction with yesterday short bull candle, giving me the indicative that the trend might be changed to north. well, let see how e-g goes for the remaining week. if today's candle turn to a long upper wick, i would consider taking a short again. let see
  • #76
  • Aug 16, 2011 9:10am Aug 16, 2011 9:10am
Quoting nbafx
i do understand your point to let the market close it up.

at times like this morning, when i noticed the PA as stated above not favoring my plan, i would exit. moreover, you see, i might be wrong here, the previous long bull candle is "tallied" in the same direction with yesterday short bull candle, giving me the indicative that the trend might be changed to north. well, let see how e-g goes for the remaining week. if today's candle turn to a long upper wick, i would consider taking a short again. let see
Hi nba,

There is only one thing for certain in trading.

And that is that there is no certainty

The market will do what the market will do. And that is going to lead to inevitable losing trades.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #77
  • Aug 16, 2011 9:12am Aug 16, 2011 9:12am
Just got my 4 hourly charts back up and and going now for the daily charts.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #78
  • Aug 16, 2011 6:17pm Aug 16, 2011 6:17pm
Quoting DarkWolF
Hi nba,

There is only one thing for certain in trading.

And that is that there is no certainty

The market will do what the market will do. And that is going to lead to inevitable losing trades.
good point. thx.
  • #79
  • Aug 16, 2011 6:36pm Aug 16, 2011 6:36pm
EURCHF Daily chart.

I am keeping an eye on this area to see what price does.
Attached Image (click to enlarge)
Click to Enlarge Name: EURCHF daily.jpg Size: 78 KB
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #80
  • Aug 16, 2011 6:45pm Aug 16, 2011 6:45pm
EURUSD daily has been a bit messy over the last week or so but there could be some opportunity on the 4 hour chart.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 86 KB
Click to Enlarge Name: 2.jpg Size: 81 KB
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
1 trader viewing now