Day Trading for a Living | Page 15 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Living in China, trading for a living 18 replies

Forex Trading for a living... anyone? 143 replies

Trading for a Living 29 replies

Trading for a living 10 replies

Book Wanted: Trading For A Living 43 replies

Attachments: Day Trading for a Living
Exit Attachments

Day Trading for a Living

  • #281
  • Jul 6, 2012 5:55am Jul 6, 2012 5:55am
Quoting scarlet pipe
After such a low NFP number, surely the dollar should have dropped? I just don't get it!
Just wait stops hit = volatility
  • #282
  • Jul 6, 2012 6:18am Jul 6, 2012 6:18am
Quoting GDR3k
Just wait stops hit = volatility
AUDUSD long @ 1.0224, SL is at break even.

SL just been hit, was worth a go.
  • #283
  • Jul 6, 2012 7:18am Jul 6, 2012 7:18am
GU's put in a nice base, buyers at the 1.5500 level, so long SL at new low's plus a few pips (93)..


It's counter trade, but risking 14 for maybe 40 - 50 area of upside.

>5510 needed to confirm uptrend, and it's doing it


Out +11, will look to re enter on a pull back!!

Next!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #284
  • Jul 6, 2012 7:37am Jul 6, 2012 7:37am
Quoting Turveyd
GU's put in a nice base, buyers at the 1.5500 level, so long SL at new low's plus a few pips (93)..


It's counter trade, but risking 14 for maybe 40 - 50 area of upside.

>5510 needed to confirm uptrend, and it's doing it


Out +11, will look to re enter on a pull back!!

Next!
I'm long at 1.5510, SL is 1.5490, risk is very low and TP has been set to 1.5547.

If I'd of left that EURUSD short on this morning from 1.2394 I'd of netted neirly 100 pips on that downmove, but the flipside is then its not like I knew it was going to happen hence why I closed where I did.

  • #285
  • Jul 6, 2012 7:41am Jul 6, 2012 7:41am
Quoting GDR3k
I'm long at 1.5510, SL is 1.5490, risk is very low so leaving it open.

If I'd of left that EURUSD short on this morning from 1.2394 I'd of netted neirly 100 pips on that downmove, but the flipside is then its not like I knew it was going to happen hence why I closed where I did.

GU is counter trend though so I take profit at the first stall, with trend totally different story hold on tight.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #286
  • Jul 6, 2012 7:45am Jul 6, 2012 7:45am
Quoting Turveyd
GU is counter trend though so I take profit at the first stall, with trend totally different story hold on tight.
Yeah, this is the last trade of the day I'm making but gonna just leave it on and see what happens, if it goes against me I'll still be in a fair bit of profit from my 19 pip short move this morning, I'm only risking about 30% or so of what I made on that move.
  • #287
  • Jul 6, 2012 7:48am Jul 6, 2012 7:48am
Quoting GDR3k
Yeah, this is the last trade of the day I'm making but gonna just leave it on and see what happens, if it goes against me I'll still be in a fair bit of profit from my 19 pip short move this morning, I'm only risking about 30% or so of what I made on that move.

I shoulda flipped short, just can't quite bring myself to do it

-20 pips on the week, but getting head back in the game you ??

EU is firming up, that's got a short long maybe soon.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #288
  • Jul 6, 2012 7:57am Jul 6, 2012 7:57am
Quoting Turveyd
I shoulda flipped short, just can't quite bring myself to do it

-20 pips on the week, but getting head back in the game you ??

EU is firming up, that's got a short long maybe soon.
+63 for the week, around 40 of them are at my normal lot size which I'm more than happy with, while the others have been very low risk, lowered lot size. I've not made that many trades this week either compared to a usual week.
  • #289
  • Jul 6, 2012 8:02am Jul 6, 2012 8:02am
Quoting GDR3k
+63 for the week, around 40 of them are at my normal lot size which I'm more than happy with, while the others have been very low risk, lowered lot size. Not made that many trades this week either.

Tough week so anything positive is a bonus, role on for better next week.

Need to find some with trend trades I can hold for big pips, alas failing to take them so far.

Good wet weekend sir!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #290
  • Jul 6, 2012 8:14am Jul 6, 2012 8:14am
Quoting Turveyd
Tough week so anything positive is a bonus, role on for better next week.

Need to find some with trend trades I can hold for big pips, alas failing to take them so far.

Good wet weekend sir!!
Indeed, its been an unpredictable week, the weathers made it worse, its grim up north...
  • #291
  • Edited 9:00am Jul 6, 2012 8:22am | Edited 9:00am
EU's got selling pressure, can't take out the 50ema, but support / buying at the 1.2300 level, looking to enter on strength or after a SL hit / reversal of such.

Long at 1.23045

Monitoring for take out the 50 and turn up or still wants to head lower, loads of other pairs have just sold back and might be reversing, hopefully EU gets dragged up with them.

Took out SL's just under 1.2300, good odds it'll turn up.

2nd position in at 99 SL at 88 for both!!
Fake out, or a wall of sellers dumping large there, hmmmmmmmmmmmm!



And that is what I get for trading counter trend and hoping for a reversal.

SL -10 and -17!


Okay, 1.2300 to take out, next R 1.2303 (50ema ) then a clear run to the 1.2317 (180ema )
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #292
  • Jul 6, 2012 8:55am Jul 6, 2012 8:55am
Quoting Turveyd
Tough week so anything positive is a bonus, role on for better next week.

Need to find some with trend trades I can hold for big pips, alas failing to take them so far.

Good wet weekend sir!!
Sir,
A few queries if you don't mind:

Are your "trend trades" based on M15 or longer TF?
How much time do you spend on the markets daily?

Thank you.
  • #293
  • Jul 6, 2012 9:09am Jul 6, 2012 9:09am
Quoting TraderT
Sir,
A few queries if you don't mind:

Are your "trend trades" based on M15 or longer TF?
How much time do you spend on the markets daily?

Thank you.

M15 ? hell no I'm M1 I use Ma's to give me a longer view for the trend.

Time varies depending on work / other hassles, not enough, trying to up it.


Full time 3 - 4 months is my target.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #294
  • Jul 6, 2012 9:29am Jul 6, 2012 9:29am
Quoting Turveyd
M15 ? hell no I'm M1 I use Ma's to give me a longer view for the trend.

Time varies depending on work / other hassles, not enough, trying to up it.

Full time 3 - 4 months is my target.
Thanks, have a good weekend.
  • #295
  • Jul 6, 2012 12:53pm Jul 6, 2012 12:53pm
So whos in profit end of the week then? the 1.2150/70 area IMO will be solid support next week if it gets there, or we'll probably get a bounce off it.

Well thats me for the week anyway, the pc is shut down and the laptop is out, nothing on telly worth watching, I've seen most of the documentarys that are on the 'documentary' section tonight, the only other things that are on are IQ lowering crap, soaps, reality tv...
  • #296
  • Jul 6, 2012 1:29pm Jul 6, 2012 1:29pm
Quoting GDR3k
So whos in profit end of the week then? the 1.2150/70 area IMO will be solid support next week if it gets there, or we'll probably get a bounce off it.

Well thats me for the week anyway, the pc is shut down and the laptop is out, nothing on telly worth watching, I've seen most of the documentarys that are on the 'documentary' section tonight, the only other things that are on are IQ lowering crap, soaps, reality tv...

Nope -50 pips as EU failed, the issue is, we prefer Chop and this was a trend week but hey!! Play trend and it'll chop next week no doubt LOL

I've got Fringe last season and a film I think to watch to keep my sanity.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #297
  • Jul 6, 2012 1:44pm Jul 6, 2012 1:44pm
Quoting Turveyd
Nope -50 pips as EU failed, the issue is, we prefer Chop and this was a trend week but hey!! Play trend and it'll chop next week no doubt LOL

I've got Fringe last season and a film I think to watch to keep my sanity.
May stick the last lord of the rings on, watched the first two over the past week.

I've just looked back over the past week, If I'd of left my trades on instead of taking profit at the next level on my chart and closed them at london close, I'd of bagged over 250 pips in total, quite a sobering thought even after a quarter bottle of glenfiddich.

  • #298
  • Jul 6, 2012 1:49pm Jul 6, 2012 1:49pm
Quoting GDR3k
May stick the last lord of the rings on, watched the first two over the past week.

I've just looked back over the past week, If I'd of left my trades on instead of taking profit at the next level on my chart and closed them at london close, I'd of bagged over 250 pips in total, quite a sobering thought even after a quarter bottle of glenfiddich.

If I was entering with the trend at my MA's, with smaller lot sizes and bigger SL's then I'd be up huge myself, but hey crack it soon I hope.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #299
  • Jul 6, 2012 2:52pm Jul 6, 2012 2:52pm
Well I am up after yesterday and today but early on in the week cost me. I have all of my technology issues sorted now, so here is hoping next week can be just as great :-)
  • #300
  • Jul 6, 2012 4:04pm Jul 6, 2012 4:04pm
Quoting Nexas
Well I am up after yesterday and today but early on in the week cost me. I have all of my technology issues sorted now, so here is hoping next week can be just as great :-)
Got to hate computers I sure do, shame really as I'm a computer programmer / odd job man.

Why I trade of my I-pad mainly these days, atleast it doesn't crash or play up like a PC does.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
0 traders viewing now