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My trades by Dave

  • #1,001
  • Apr 16, 2006 4:11pm Apr 16, 2006 4:11pm
Eur/Usd..


Weekly pivot 1.2114
Daily pivot 1.2114


Dave
  • #1,002
  • Apr 17, 2006 5:34pm Apr 17, 2006 5:34pm
Quoting xxDavidxSxx
Long as close to the bottom of the range as I can.

Indacaters are looking like there lining up for a drop and bounce again.

Dave

And what a bounce it was too. Sry I didn't get a chart posted with an entry. I am waiting on interbank group. I figured I'd give them till tomarrow to respond due to the holiday.


Dave
  • #1,003
  • Apr 19, 2006 3:56pm Apr 19, 2006 3:56pm
Quoting xxDavidxSxx
And what a bounce it was too. Sry I didn't get a chart posted with an entry. I am waiting on interbank group. I figured I'd give them till tomarrow to respond due to the holiday.


Dave
Dave,

Any news on Interbank? Also, do you plan to continue posting your trades in the near future, or are you taking a break for now?
  • #1,004
  • Apr 19, 2006 9:58pm Apr 19, 2006 9:58pm
Quoting hugobossv8
Dave,

Any news on Interbank? Also, do you plan to continue posting your trades in the near future, or are you taking a break for now?
Yea small break.

Interbank never finished setting up account. And no responce to last weeks e-mail. There done.

I have decided on GFT.

I have had a few hours worth of conversation with them and have been on there demo this week. He assures me 5-10 pip trades 400:1/ and 5-10 lots is a great stradigy. He said he tries to suggest that to all his clients. Well, not the high risk part. The 5-10 pip part.
The indacaters vs. price movement is great on there charts. My indacaters nail it. If this changes with live accnt. I'll know because I will wach the demo price movement as well. And the price reacts close to the more sensitive charts I observe. And my pivot point calculations come closer to price structure than with CMS.
There "Deal Book" is great. I like its layout. Once I made it my own. Just takes some time to adjust its layout to your style. But its very adaptable.


Dave
  • #1,005
  • Apr 19, 2006 10:03pm Apr 19, 2006 10:03pm
Quoting xxDavidxSxx
And what a bounce it was too. Sry I didn't get a chart posted with an entry. I am waiting on interbank group. I figured I'd give them till tomarrow to respond due to the holiday.


Dave

For now I can say retrace is comming.

Look to enter any where near 1.2370/75 s/l depending on own risk. 20-35 pips

If the price gets there.

target 1.2310

Dave
  • #1,006
  • Apr 19, 2006 11:05pm Apr 19, 2006 11:05pm
Dave,
How about spreads at GFT, I checked thier website and didn't find any informations about that. Looks like they have dealing desk though, how about FXDD, dud you gave up on them. Thanks
Issam
  • #1,007
  • Apr 20, 2006 5:18pm Apr 20, 2006 5:18pm
Quoting imashal
Dave,
How about spreads at GFT, I checked thier website and didn't find any informations about that. Looks like they have dealing desk though, how about FXDD, dud you gave up on them. Thanks
Issam
FxDD has 200:1 GFT has 400:1.

I was going to go with FXDD but in talking to the GFT rep. I don't have any bad feelings about them.
They have an option for a direct deal, and you can enter in volitility.. They can do that because even though they have a dealing desk there risk offset is automated. They do not have a no scalping policy. If they allow scalping then there not a "bucket shop" because scalping hurts the buckets. Brandon assures me 5 pips and 10 lots standard is no problem for a trade. (500$) 10 lots 1k. And when I amaized him with my stradigy and analisys for last nights and todays move, he knows I can do it.


I might open a mini and test the trading atmosphere befor I try my big money trades.

I have good instincts and they feel good. Some time next week.
I might (later date) try several mini accounts live to compare. But only with winnings off this account.

Dave
  • #1,008
  • Apr 20, 2006 5:26pm Apr 20, 2006 5:26pm
Quoting xxDavidxSxx
For now I can say retrace is comming.

Look to enter any where near 1.2370/75 s/l depending on own risk. 20-35 pips

If the price gets there.

target 1.2310

Dave
retrace happened.

Now look for it to continue the down move after some consilidation. And mabe a rally up to 1.2330/40 range

1.2200 range target

Dave
  • #1,009
  • Apr 20, 2006 5:42pm Apr 20, 2006 5:42pm
Quoting xxDavidxSxx
retrace happened.

Now look for it to continue the down move after some consilidation. And mabe a rally up to 1.2330/40 range

1.2200 range target

Dave
No rally there. If the price breaks past the low 1.2288.

entry was 1.2306


target 1.2225.....38.2 fibo at 1.2220


Dave
  • #1,010
  • Apr 20, 2006 6:50pm Apr 20, 2006 6:50pm
Quoting xxDavidxSxx
No rally there. If the price breaks past the low 1.2288.

entry was 1.2306


target 1.2225.....38.2 fibo at 1.2220


Dave
exit 1.2292

+ 14 pips

I think rally if the 1.2285/88 low holds.
Dave
  • #1,011
  • Apr 20, 2006 7:02pm Apr 20, 2006 7:02pm
Enter short at 1.2310

s/l 1.2325


target 1.2225


Dave
  • #1,012
  • Apr 20, 2006 7:16pm Apr 20, 2006 7:16pm
Quoting xxDavidxSxx
Enter short at 1.2310

s/l 1.2325


target 1.2225


Dave

entry picked up.

as long as 1.2313/22 holds the top the move looks good. An hourly close above that range and new hour break above the other is bad.

Dave
  • #1,013
  • Apr 20, 2006 7:23pm Apr 20, 2006 7:23pm
Thanks Dave, appreciate it man
Issam
  • #1,014
  • Apr 20, 2006 7:41pm Apr 20, 2006 7:41pm
Quoting xxDavidxSxx
Enter short at 1.2310

s/l 1.2325


target 1.2225


Dave
s/l is to close to the top of the range I stated. Moving to 1.2330

dave
  • #1,015
  • Apr 20, 2006 7:46pm Apr 20, 2006 7:46pm
Thank you dave. I'm following you.
But can you please share your insights with us, using charts if possible?

Because I thought that it was going to be an uptrend, and will never fall to that level in the short run.
  • #1,016
  • Apr 20, 2006 9:57pm Apr 20, 2006 9:57pm
Sory didn't have time then.

Heres chart.

4 hr chart my s/l is just above the trend line.

The price has touched the 38.2 fibo so it could go for another retest of the 1.2395 high. A sustained break would confirm. Then just wait to see if the price stalls near or just under the high.


Target is around the 50% fibo.

Dave
Attached Image
  • #1,017
  • Apr 20, 2006 10:09pm Apr 20, 2006 10:09pm
Quoting xxDavidxSxx
Sory didn't have time then.

Heres chart.

4 hr chart my s/l is just above the trend line.

The price has touched the 38.2 fibo so it could go for another retest of the 1.2395 high. A sustained break would confirm. Then just wait to see if the price stalls near or just under the high.


Target is around the 50% fibo.

Dave
still going strong big dave and im still lurking. enjoy your stuff.

jim
  • #1,018
  • Apr 20, 2006 10:41pm Apr 20, 2006 10:41pm
Thanks James..



Daily pivot is 1.2313.



Dave
  • #1,019
  • Apr 21, 2006 4:16pm Apr 21, 2006 4:16pm
I spoke to Interbankgroup today. I told them that their 3 pip spread on all the majors are too wide. He told me that he could bring that down to 2 pip spread on all the majors. He also told me that they had no anti scalping policies.
  • #1,020
  • Apr 22, 2006 4:18pm Apr 22, 2006 4:18pm
Quoting xxDavidxSxx
FxDD has 200:1 GFT has 400:1.

I was going to go with FXDD but in talking to the GFT rep. I don't have any bad feelings about them.
They have an option for a direct deal, and you can enter in volitility.. They can do that because even though they have a dealing desk there risk offset is automated. They do not have a no scalping policy. If they allow scalping then there not a "bucket shop" because scalping hurts the buckets. Brandon assures me 5 pips and 10 lots standard is no problem for a trade. (500$) 10 lots 1k. And when I amaized him with my stradigy and analisys for last nights and todays move, he knows I can do it.


I might open a mini and test the trading atmosphere befor I try my big money trades.

I have good instincts and they feel good. Some time next week.
I might (later date) try several mini accounts live to compare. But only with winnings off this account.

Dave
Dave, what were the bad feelings that you had about fxdd? I was also thinking of going with them. I'm not sure about GFT...are you sure that you trust them to give you an automated direct to interbank execution?
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