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The WoRmHoLe

  • #17,621
  • Aug 24, 2011 1:08pm Aug 24, 2011 1:08pm
Not in any forex trade at the moment cause nothing make sense to beginners like me

Will cancel my cable buy order at 16350

Anyway, making some money in gold. Crazy is the word.
And my option of gold touching 1600 by Dec 11 is in the money (£2.10 profit). Can take a journey on the tube!!!

Wish all of you guys to win big!
  • #17,622
  • Aug 24, 2011 1:48pm Aug 24, 2011 1:48pm
Quoting Rapid
Not in any forex trade at the moment cause nothing make sense to beginners like me

Will cancel my cable buy order at 16350

Anyway, making some money in gold. Crazy is the word.
And my option of gold touching 1600 by Dec 11 is in the money (£2.10 profit). Can take a journey on the tube!!!

Wish all of you guys to win big!

if we drop lower might be going into this range..i can see a reversal playing out on weekly/monthly
Attached Image (click to enlarge)
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  • #17,623
  • Aug 24, 2011 2:52pm Aug 24, 2011 2:52pm
Wonder if gold will go back up to 1810 to form a right shoulder before coming down. With 1912 as the top.....

Anyway market this week have been crap except for gold

hopefully some fireworks will go off this weekend.
  • #17,624
  • Aug 24, 2011 3:33pm Aug 24, 2011 3:33pm
any ideas what is considered a good number of pips per month?
  • #17,625
  • Aug 24, 2011 3:39pm Aug 24, 2011 3:39pm
Quoting nAVIN2007
any ideas what is considered a good number of pips per month?
999999999999999
I don't want a job, i want money!
  • #17,626
  • Aug 24, 2011 3:45pm Aug 24, 2011 3:45pm
Quoting dario1002
999999999999999

is that all...
  • #17,627
  • Aug 24, 2011 3:53pm Aug 24, 2011 3:53pm
Quoting nAVIN2007
is that all...
+1
I don't want a job, i want money!
  • #17,628
  • Aug 24, 2011 3:56pm Aug 24, 2011 3:56pm
Quoting dario1002
+1
im curious cause i swing trade would be interested to know roughly how many a scalper would make as in theory yur trading it both ways

thats why i ask
  • #17,629
  • Aug 24, 2011 4:13pm Aug 24, 2011 4:13pm
Gday all ....gold ...got out on that at the right time dos anyone elsy else have a gap ? ...cable stopped-62

AUDCHF running profit +64 +2 for the week still holding thou ...

SILVER 3830 might be a ideal buy area i will moniter in the channel ..

GBPCAD plan A :nerd:
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  • #17,630
  • Aug 24, 2011 4:23pm Aug 24, 2011 4:23pm
GBPAUD my huge bull flag no longer valid imo 60 pips from mylast entry wonder if it will happen again a good place to watch..

like this eurchf set up huge mover easy pips imo be mindful of the weekly shooting star should be buying eurchf in the longer term but take the short term trades aswell...
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  • #17,631
  • Aug 25, 2011 2:13am Aug 25, 2011 2:13am
Quoting nAVIN2007
any ideas what is considered a good number of pips per month?

Well, if you can make £3k every month then you are good. Tax free!
To get that working you have to be earning £52k a year (high earner range)
  • #17,632
  • Aug 25, 2011 2:25am Aug 25, 2011 2:25am
Quoting nAVIN2007
im curious cause i swing trade would be interested to know roughly how many a scalper would make as in theory yur trading it both ways

thats why i ask

nav... long time ago i asked Azim the same question and he answered in a way that seems to be correct (surprisingly i would say). Don't try to count pips, just focus on the market structure and try to get what u can get. He always says that he doesn't want his trade to get too mechanic, and to follow 39 or 40 pips, just take what is there to take, and think in percentage of your capital, instead of focusing on how many pips.

This is what he told, and what i think is the right attitude
I don't want a job, i want money!
  • #17,633
  • Aug 25, 2011 2:52am Aug 25, 2011 2:52am
Quoting dario1002
nav... long time ago i asked Azim the same question and he answered in a way that seems to be correct (surprisingly i would say). Don't try to count pips, just focus on the market structure and try to get what u can get. He always says that he doesn't want his trade to get too mechanic, and to follow 39 or 40 pips, just take what is there to take, and think in percentage of your capital, instead of focusing on how many pips.

This is what he told, and what i think is the right attitude

for sure i agree
I never go on pips for the same reason..i dont believe one should enter the market and exit after 30 pips or so..u have to somehow let the winners work for u

take the trade im in now..i caught the top, many would exit but i figure it could be a winner, so have it at BE praying it will sink heavy

dario i hope u have a great weak bud as well as all of u
  • #17,634
  • Aug 25, 2011 3:07am Aug 25, 2011 3:07am
Quoting nAVIN2007
for sure i agree
I never go on pips for the same reason..i dont believe one should enter the market and exit after 30 pips or so..u have to somehow let the winners work for u

take the trade im in now..i caught the top, many would exit but i figure it could be a winner, so have it at BE praying it will sink heavy

dario i hope u have a great weak bud as well as all of u
dude.. weekend is coming... maybe the last one where is possible to go to the sea... that is very sad!
I don't want a job, i want money!
  • #17,635
  • Aug 25, 2011 3:11am Aug 25, 2011 3:11am
Quoting dario1002
dude.. weekend is coming... maybe the last one where is possible to go to the sea... that is very sad!

u lost u man?
  • #17,636
  • Aug 25, 2011 3:12am Aug 25, 2011 3:12am
Quoting Rapid
Well, if you can make £3k every month then you are good. Tax free!
To get that working you have to be earning £52k a year (high earner range)

would need at least 100k trading capital to even think about that for me

edit:- yeah that as well..sometimes u have to enter and simply take what is on offer..amazing how they is a fine balance between the too

they alway say fine line between success and failure
  • #17,637
  • Aug 25, 2011 3:26am Aug 25, 2011 3:26am
Quoting nAVIN2007
u lost u man?
i lost what?
I don't want a job, i want money!
  • #17,638
  • Aug 25, 2011 3:29am Aug 25, 2011 3:29am
short on EU (touch trade).. playing the range... SL over 4535 (not visible in the chart)

self explanatory chart attached
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd1h.jpg Size: 107 KB
I don't want a job, i want money!
  • #17,639
  • Aug 25, 2011 3:32am Aug 25, 2011 3:32am
Quoting dario1002
i lost what?
OO sorry man ..

i mean u lost me..i didnt understand..I just woke up and fingers still sleeping

Quoting dario1002
short on EU (touch trade).. playing the range... SL over 4535 (not visible in the chart)

self explanatory chart attached
looks good
  • #17,640
  • Aug 25, 2011 4:14am Aug 25, 2011 4:14am
Quoting dario1002
short on EU (touch trade).. playing the range... SL over 4535 (not visible in the chart)

self explanatory chart attached
booked some at 37 pips... SL at BE
I don't want a job, i want money!
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