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High velocity trading

  • #461
  • Sep 26, 2011 2:20pm Sep 26, 2011 2:20pm
Hello RR,
what do you say about silver in the next days?
is there going short, today we have a reversal,the chart is going long.
  • #462
  • Sep 26, 2011 2:22pm Sep 26, 2011 2:22pm
Gold are not going down till 1580? or 1500?
  • #463
  • Sep 26, 2011 4:39pm Sep 26, 2011 4:39pm
USDCAD.. Day picture... fail at your.. 1/4..R3....am short from last nite..
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.gif Size: 24 KB
  • #464
  • Sep 26, 2011 9:24pm Sep 26, 2011 9:24pm
Quoting ruffryders
If you want to risk for 1700 on gold right now is the best R/R for LONGs.

I'm in long myself with SL @ 1615. TP @ 1700.

Wish you good luck guys, whichever way you choose to trade this. THough I still recommend going LONG.
This is still a great trade, if some of you guys took this, you should be in decent profit now. I still figure we should see 1700 soon time. Got out 50% @ 1645

this was also an almost free trade - I didn't experience any drawdown on the margin!
  • #465
  • Sep 26, 2011 9:31pm Sep 26, 2011 9:31pm
http://img638.imageshack.us/img638/7...h427092011.png

Dan here's the CAD H4. Here's why I don't like it. Cause PA is supported by TL and range bottom. I want to see PA clearing this line and once M30 candle is below this area + might come a retest and sup become rest - this time around you know it's a good short!
  • #466
  • Sep 26, 2011 9:33pm Sep 26, 2011 9:33pm
Quote
AUD USD built a nice base for reversal. I will go long @ 9892 SL 30 TP + 250. Also can add above current congestion area ( 9840-9870). 9892-9912 looks good to me to initiate LONG trades on AU.
________

The AUD USD LONG might be ON today. 9912 looks like a better (more clean) entry to me!
  • #467
  • Sep 26, 2011 9:35pm Sep 26, 2011 9:35pm
Quoting BlackTexto
Im also long with GU at 5524. I have a tight stop and i set my TP at 5668 like you suggest in a preivous post. In profit for now!
Great news and hopefully 5600 can be cleared by PA today, then most definitely TP will be reached!
  • #468
  • Sep 26, 2011 9:37pm Sep 26, 2011 9:37pm
Quoting stevebalmmer
Hello RR,
what do you say about silver in the next days?
is there going short, today we have a reversal,the chart is going long.
Steve it's going to range 26-32. The top of the range can be short sold upon support turning resistance. Could be an easy trade!
  • #469
  • Sep 26, 2011 9:45pm Sep 26, 2011 9:45pm
regarding gold oil link

http://www.zealllc.com/c2005/Zeal040105A.gif
  • #470
  • Sep 26, 2011 9:47pm Sep 26, 2011 9:47pm
GBP CAD LONG at current 5947 SL 15 TP 6080
  • #471
  • Sep 26, 2011 10:29pm Sep 26, 2011 10:29pm
my friend,
it is a long range.

Quoting ruffryders
Steve it's going to range 26-32. The top of the range can be short sold upon support turning resistance. Could be an easy trade!
  • #472
  • Sep 26, 2011 10:33pm Sep 26, 2011 10:33pm
xag-usd
weekly S1 is at 26.98.
i hope is go short in the next days.
  • #473
  • Sep 26, 2011 11:43pm Sep 26, 2011 11:43pm
R.R..Thanks
  • #474
  • Sep 27, 2011 12:03am Sep 27, 2011 12:03am
Quoting ruffryders
sold this @ 2.0157. SL never challenged (+40). current price is 9963. I'm fairly confident TP1 (+150 pips) reached. TP2 need to be prepared for a retrace, however 85% confident will be reached this week!
GBP NZD TP2 @ + 300 pips reached while I was asleep.

No stress low drawdown awesome trade, which still got some more downside (9650). I got what is mine and out for now!
  • #475
  • Sep 27, 2011 12:05am Sep 27, 2011 12:05am
Quoting ruffryders
GBP CAD LONG at current 5947 SL 15 TP 6080
this trade is pretty good, slow yes, but got good potential!
  • #476
  • Sep 27, 2011 12:37am Sep 27, 2011 12:37am
http://img153.imageshack.us/img153/8...de27092011.png

Here's the explanation for GBP CAD trade. We are above weekly pivot, meaning we only look for pullbacks and go long.

We are also above Monthly Pivot and PA did double touch of MP and rejected it.
We are also above weekly mid pivot (simply 50% fibo from WP to WR1).

So this means we can go long. Plus the tech confluence of the TL (trendline).
Nice and easy setup, can it go wrong - YES. But still the trade has very low drawdown and nice upside potential right now!

Easy + 45 pips with 0 pips risk almost.
  • #477
  • Sep 27, 2011 12:41am Sep 27, 2011 12:41am
http://img832.imageshack.us/img832/5...h427092011.png

Looks like the dollar found some support above WP and will do a retrace now for sure.

So gotta be careful with EU/GU/AU longs and UCAD shorts.
  • #478
  • Sep 27, 2011 12:45am Sep 27, 2011 12:45am
GU SHORT @ 5484 could be a good short setup to watch now due to dollar gaining ground @ WP

GU is setting up for a break out now. For upside we can enter LONG @ 5615 SL 25 TP 5680.

Right now it's real tough to decide which way we gonna shoot through.

AU looks more like a LONG, GU more like a SHORT. So gotta be careful
  • #479
  • Sep 27, 2011 12:54am Sep 27, 2011 12:54am
currently XAU USD 1662 looks like a good entry point to try for WP (1700), if you didn't enter already, when I posted this during asian (1615 entry LONG).
  • #480
  • Sep 27, 2011 1:58am Sep 27, 2011 1:58am
So gotta be careful with EU/GU/AU longs and UCAD shorts.



I am... am out and just sitting here watching..Ud and Brent..bias long so will just wait for.. it to look and feel rite.. will watch.. gBCAD... and other CAd crosses.. in no hurry.. mite try scalp gold chart..watching.. 4hrs on eu.. cable and Dragon..all at or below weekly PPX..Cable just above week and day.. PP.. mite bounce from here.. out of UDCAD and looking to short again..
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