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Day Trading for a Living

  • #541
  • Jul 12, 2012 3:23am Jul 12, 2012 3:23am
Quoting Turveyd
Good day GRD3 possibly hugely increased profit potential.

Got Angina so got to cut out Caffeine so only Fake coffee for me with sweetners old age SUCKS!!

DOW responded perfectly all afternoon to my previously tweaked system.

DAX after Germany closed went into sideways chop mode, I'll have to check if that's the norm or not, could be useable if so ( checked, not always 75% of the time though, 4:30gmt then chop! )

So people trade the Rec's I make, but don't take and never the trades I take, I'm back into doing that LOL
I know someone with angina and he has to take medication all the time, has to watch what he eats/drinks, count the saturates etc, not good!

Anyway, late start for me today, alarm didn't go off, late for work...time to make some money
  • #542
  • Edited 5:48am Jul 12, 2012 4:34am | Edited 5:48am
dow mini long @ 12476. TP 12525.

SL hit -30
  • #543
  • Jul 12, 2012 4:36am Jul 12, 2012 4:36am
Quoting GDR3k
I know someone with angina and he has to take medication all the time, has to watch what he eats/drinks, count the saturates etc, not good!

Anyway, late start for me today, alarm didn't go off, late for work...time to make some money
Not that bad, diet change ( not having a kebab every day ) sorted most of it and some cholesterol drugs and loads of exercise.


Eccksss 10:30am me to, Wifi was down 9am so tried and went back to sleep, need a new router!!!


All looking pretty slow, guess I won't rush!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #544
  • Jul 12, 2012 4:59am Jul 12, 2012 4:59am
Quoting GDR3k
dow mini long @ 12476. TP 12525.
To risky for me.

Guess there is no point playing the 00's on Dow as mine are different to yours, interesting to see which 00's are better respected.

Employment news at 1:30pm gmt guessing sideways into that, better get some work done.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #545
  • Jul 12, 2012 5:15am Jul 12, 2012 5:15am
Quoting Turveyd
To risky for me.

Guess there is no point playing the 00's on Dow as mine are different to yours, interesting to see which 00's are better respected.

Employment news at 1:30pm gmt guessing sideways into that, better get some work done.
I said to myself if it pulls back and stalls, I'll get in long as it may reverse and its stalled where I expected it to, lets see what happens...

trading with a hangover isn't a good idea....
  • #546
  • Jul 12, 2012 5:18am Jul 12, 2012 5:18am
Quoting GDR3k
I said to myself if it pulls back and stalls, I'll get in long as it may reverse and its stalled where I expected it to, lets see what happens...

trading with a hangover isn't a good idea....
It's a calculated risk, downside 25 - 30 SL I guess ?? upside 60+!!



25 - 30 is to much for me to risk, but coming down so tempted if it stalls again SL under previous low.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #547
  • Jul 12, 2012 5:20am Jul 12, 2012 5:20am
Quoting Turveyd
It's a calculated risk, downside 25 - 30 SL I guess ?? upside 60+!!



25 - 30 is to much for me to risk, but coming down so tempted if it stalls again SL under previous low.
Yeah SL is 30 pips away just under the previous low @ 12446, its a trade against the obvious downtrend
  • #548
  • Jul 12, 2012 5:23am Jul 12, 2012 5:23am
Quoting GDR3k
Yeah SL is 30 pips away just under the previous low @ 12446

No point quoting numbers, we all have different 1's it seems, 12510 for me.

Perfect downtrend day via my latest setup.


Check EU at 1.2200
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #549
  • Jul 12, 2012 5:28am Jul 12, 2012 5:28am
Realised my recent errors are mainly, previously I was waiting for strength and getting in been being impatient recently trying to hard.

That's whats changed and made the difference from rarely losing, to losing BIG the last 2 weeks.

DOW going lower.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #550
  • Jul 12, 2012 5:50am Jul 12, 2012 5:50am
Quoting Turveyd
Realised my recent errors are mainly, previously I was waiting for strength and getting in been being impatient recently trying to hard.

That's whats changed and made the difference from rarely losing, to losing BIG the last 2 weeks.

DOW going lower.
I know what my error on that dow short was, I didn't analyse the chart enough (combination of lack of sleep, hungover), found a bearish trendline it had been respecting from the high of yesterday after I took the long trade.

Silly me.
  • #551
  • Jul 12, 2012 6:16am Jul 12, 2012 6:16am
Quoting GDR3k
I know what my error on that dow short was, I didn't analyse the chart enough (combination of lack of sleep, hungover), found a bearish trendline it had been respecting from the high of yesterday after I took the long trade.

Silly me.
Bruised and battered from yesterday so I'm just watching today, I should of shorted it here is my chart.

Enter short near the MA's on a stall, is my plan, I'll include the template to, ALL of the charts I've got look the same today, DOW is failing to turn up so far, not to say it won't, but bad bet.
Attached Image (click to enlarge)
Click to Enlarge Name: Dow Chart.jpg Size: 138 KB
Attached File(s)
File Type: tpl the trend.tpl   5 KB | 233 downloads
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #552
  • Jul 12, 2012 6:27am Jul 12, 2012 6:27am
Quoting Turveyd
Bruised and battered from yesterday so I'm just watching today, I should of shorted it here is my chart.

Enter short near the MA's on a stall, is my plan, I'll include the template to, ALL of the charts I've got look the same today, DOW is failing to turn up so far, not to say it won't, but bad bet.
Nice, your method looks clean and simple

Just entered long after the bounce off some support, SL is at break even and currently +8 up, it'll probabaly come back down given the downtrend but just incase it doesn't... its worth a go.

Attached Image (click to enlarge)
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  • #553
  • Edited 6:46am Jul 12, 2012 6:35am | Edited 6:46am
Quoting GDR3k
Nice, your method looks clean and simple

Just entered long after the bounce off some support, SL is at break even and currently +8 up, it'll probabaly come back down given the downtrend but just incase it doesn't... its worth a go.


I cleaned and simpled it yesterday, does look nicer but only works on trend days like today and you need the balls to jump in with the trend which I've been lacking but getting there.

Check out yesterdays Dow chart :-

At the start, over the yellow bouncing up.
Then it reversed the trend failing to get over the yellow.

IF I can crack that trading live I'll be rich very very rich in a few years.

If it helps, 12500 is holding here

whoops no attachment.
Attached Image (click to enlarge)
Click to Enlarge Name: Dow Chart yesterday.jpg Size: 137 KB
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #554
  • Jul 12, 2012 6:54am Jul 12, 2012 6:54am
DAX is turning up, long near the yellow and see if it can burn through the other 2 weaker ma's maybe hmmmm


Dow is still all sellers.


Everything else is still all sellers, to risky.

New is 35mins to.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #555
  • Jul 12, 2012 7:03am Jul 12, 2012 7:03am
Aye, looking at the currency pairs it seems they've bounced off all their support areas, check the 4h for gbpusd, eurusd and audusd, that DOW long I was just in hit my SL by 1 pip, not good, watch it rise 200+ pips now, i'll enter long on a pullback if it decides to go north after it breaks through that bearish trendline starting at yesterdays high, or i'll go short if it bounces off the trendline, lets see what happens....

Heres what I'd like to happen.....
Attached Image (click to enlarge)
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  • #556
  • Jul 12, 2012 7:07am Jul 12, 2012 7:07am
Quoting GDR3k
Aye, looking at the currency pairs it seems they've bounced off all their support areas, check the 4h for gbpusd, eurusd and audusd, that DOW long I was just in hit my SL by 1 pip, not good, watch it rise 200+ pips now, i'll enter long on a pullback if it decides to go north after it breaks through that bearish trendline.

Euro president spoke at 13:00 so currently that's likely what cased the blip in the FX market, careful trend still down.

RED news, 25mins.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #557
  • Jul 12, 2012 8:42am Jul 12, 2012 8:42am
No trades today, just theory and to 1 directional.

GDR3 still in ?? 500ema the red dashes tested a few times and failed on all of them be warned.

Someones got a sell program running for every pair and gold and oil I've got up.

Sorry when I started writing this it was at 12529 and well to LATE!!
Attached Image (click to enlarge)
Click to Enlarge Name: Dow Chart 500.jpg Size: 91 KB
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #558
  • Jul 12, 2012 8:59am Jul 12, 2012 8:59am
Quoting Turveyd
No trades today, just theory and to 1 directional.

GDR3 still in ?? 500ema the red dashes tested a few times and failed on all of them be warned.

Someones got a sell program running for every pair and gold and oil I've got up.

Sorry when I started writing this it was at 12529 and well to LATE!!
Nah not in a trade at the mo, not liking it, it may go north now as its failed to break through that support, the dax & ftse look like they're gonna drop..guess not lol
  • #559
  • Jul 12, 2012 9:02am Jul 12, 2012 9:02am
Quoting GDR3k
Nah not in a trade at the mo, not liking it, it may go north now as its failed to break through that support, the dax & ftse look like they're gonna drop
GU long on a move over 1.5446 250ema and falling might be worth a shot, nice 2 hour bottom here.

Look for a dip lower and reverse to knock out them SL's built up.


Tricky day, later!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #560
  • Jul 12, 2012 9:08am Jul 12, 2012 9:08am
When this thing breaks out its gonna go big I reckon, its in a sort of wedge, with that bearish trendline and the support in the red area.
Attached Image (click to enlarge)
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