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High velocity trading

  • #1,041
  • Oct 6, 2011 9:14am Oct 6, 2011 9:14am
Quoting ruffryders
Looking to enter follow possies soon (hourly close) SHORT GOLD @ 1633-34 TP 1613 SL previous high. A small position trade.
Im on this one but with very small trade. Right now seem to go the opposite. Lets hope for the best...and in worst case damage are accetable.

SL: 1655
  • #1,042
  • Oct 6, 2011 9:21am Oct 6, 2011 9:21am
Quoting BlackTexto
Im on this one but with very small trade. Right now seem to go the opposite. Lets hope for the best...and in worst case damage are accetable.

SL: 1655
no no no SL is way too high. I got out upon M5 reversal candle @ 30 level.
  • #1,043
  • Oct 6, 2011 9:22am Oct 6, 2011 9:22am
You trade GOLD off the M5 and M30 candles. M5 for entry and signs - M30 to to analysis and set targets.
  • #1,044
  • Oct 6, 2011 9:23am Oct 6, 2011 9:23am
Quoting ruffryders
no no no SL is way too high. I got out upon M5 reversal candle @ 30 level.
Thanks RR. I made a mistake reading your statement (previous high and i red yesterday high)

I know i should not panick trading....but now i know i should not panick reading!

Cheers
  • #1,045
  • Oct 6, 2011 9:50am Oct 6, 2011 9:50am
in Gold my trade is 1630 , tp 1615
  • #1,046
  • Oct 6, 2011 9:54am Oct 6, 2011 9:54am
Quoting ruffryders
You trade GOLD off the M5 and M30 candles. M5 for entry and signs - M30 to to analysis and set targets.
Looking for reentry now
  • #1,047
  • Oct 6, 2011 9:56am Oct 6, 2011 9:56am
Quoting ruffryders
Looking for reentry now
Guys M30 looking bearish. Looks like GOld can't break above 1650. Currently M30 reversal (red) candle @ psych level @ 1650 (if closes properly with long wick).

Lets see how it goes
  • #1,048
  • Oct 6, 2011 10:02am Oct 6, 2011 10:02am
Quoting ruffryders
Guys M30 looking bearish. Looks like GOld can't break above 1650. Currently M30 reversal (red) candle @ psych level @ 1650 (if closes properly with long wick).

Lets see how it goes
Closed properly. Go you keep same TP at 1613 ?
  • #1,049
  • Oct 6, 2011 10:03am Oct 6, 2011 10:03am
under the daily high, red candle with long wick..
wait i look what the chart make?

Quoting ruffryders
Guys M30 looking bearish. Looks like GOld can't break above 1650. Currently M30 reversal (red) candle @ psych level @ 1650 (if closes properly with long wick).

Lets see how it goes
  • #1,050
  • Oct 6, 2011 10:08am Oct 6, 2011 10:08am
Dear RR !

to which city does her business trip go?
If they come back again Healthy.
  • #1,051
  • Oct 6, 2011 10:30am Oct 6, 2011 10:30am
Ok guys I'm done for today. Tiring business trip. Drove 6 hours @ 200 km/h, driver is on sick leave, so I was driving myself. Feel completely used up now.

See you tmrw, will be here before LBO.
  • #1,052
  • Oct 6, 2011 10:41am Oct 6, 2011 10:41am
Quoting ruffryders
Ok guys I'm done for today. Tiring business trip. Drove 6 hours @ 200 km/h, driver is on sick leave, so I was driving myself. Feel completely used up now.

See you tmrw, will be here before LBO.
Take care and see you tmrw.
  • #1,053
  • Oct 6, 2011 10:49am Oct 6, 2011 10:49am
RR you are still here ? lol

Too hard to quit the market even if you are tired ?

Are you on something ? Still looking gold M30 seem to reverse with long/med wick.
  • #1,054
  • Oct 6, 2011 10:50am Oct 6, 2011 10:50am
Quoting ruffryders
Ok guys I'm done for today. Tiring business trip. Drove 6 hours @ 200 km/h, driver is on sick leave, so I was driving myself. Feel completely used up now.

See you tmrw, will be here before LBO.
200km/h...if i drive that speed in my county i will lose my driver license...max 100km/h here! boring!
  • #1,055
  • Oct 6, 2011 10:52am Oct 6, 2011 10:52am
you have a speedlimit.Dont in germany!
  • #1,056
  • Oct 6, 2011 10:55am Oct 6, 2011 10:55am
Quoting stevebalmmer
you have a speedlimit.Dont in germany!
Yes..in city we have a max speed of 50km/h and on highway its 100km/h.

On our driver license we have 15 points. And every time we get caught driving faster than the speed limit...we lose points + a fine. When we lose all...we lose also the driver license!

I think at 200km/h we lose more than 15 points... lol and over a thousand in fine.
  • #1,057
  • Oct 6, 2011 10:55am Oct 6, 2011 10:55am
Steveballmer are you still short on gold ?
  • #1,058
  • Oct 6, 2011 10:58am Oct 6, 2011 10:58am
yes i wait at short?but today i think is finished?
  • #1,059
  • Oct 6, 2011 10:58am Oct 6, 2011 10:58am
have you learnd all the rules?
  • #1,060
  • Oct 6, 2011 11:02am Oct 6, 2011 11:02am
Quoting stevebalmmer
have you learnd all the rules?
I tried to but i will put more time on it today as RR is offline now. I will read all the previous tutorial and will get redy for tmrw.
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