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Day Trading for a Living

  • #881
  • Edited 6:54am Jul 28, 2012 6:35am | Edited 6:54am
Quoting Turveyd
Gets rid of those annoying black lines.

You might like this 1 to, highlights all the 00's can do 50's if you want to and puts a nice big easy to see BID line to.

Change the Sub level to 100 for the Index's
I've got an indy that shows all the 00's, 50's and 25's, cheers anyway

I'm happy with the daily pivot, psych levels and pivot points, that'll do for me!!

Inserted Video


What do ya reckon of my newb mixing skills? did it while I was bored on thursday night, stick it on 1080p haha
  • #882
  • Jul 28, 2012 8:29am Jul 28, 2012 8:29am
Quoting GDR3k

What do ya reckon of my newb mixing skills? did it while I was bored on thursday night, stick it on 1080p haha
Not really my scene dude, I'm what you might call, OLD!!!

But only once to my face LOL
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #883
  • Jul 28, 2012 1:11pm Jul 28, 2012 1:11pm
I day trade forex because at this time it is very volatile to let the trade continue for a long period. Although you can move your stop loss into the black, and use a trailing stop, I have decided not to do it. Therefore I day trade. I am more comfortable with the London open because I have traded it more. I do trade the U.S. open, but one really has to be careful because of the volitility. I watch the the CHF, NZD, AUD, CAD, EUR, GBP, and the JPY, but at this time I primarily trade the USD/CHF. I watch price action using candlesticks, Pivot points, support and resistance. I usually confirm by RSI and convergence. I enter by placing a entry order, I do not enter by market order.
  • #884
  • Edited 11:02pm Jul 29, 2012 10:13pm | Edited 11:02pm
Sell GU @ 5722 SL @ 5730

Let's see what will happen

New week, new chance.
Follow the smart money. Follow the probability.
  • #885
  • Jul 29, 2012 11:36pm Jul 29, 2012 11:36pm
I usually do not place an order at this time on a Monday, because the market is many times waiting for the U.S. market to trade to see what happens there. I say an opportunity and will see how it plays out.
Attached Image (click to enlarge)
Click to Enlarge Name: USD-CHF H1 7-30-2012 12-30-58 AM.jpg Size: 206 KB
  • #886
  • Jul 30, 2012 2:12am Jul 30, 2012 2:12am
My order to buy USD/CHF was executed but it did not continue. I was stopped out with a 8.6 PIP loss.
  • #887
  • Jul 30, 2012 2:20am Jul 30, 2012 2:20am
Quoting Fractal
Sell GU @ 5722 SL @ 5730

Let's see what will happen

New week, new chance.
SL @ BE
aim for 5622

seems GU are running north after London open (though still below the pivot)
the d1 chart is encouraging, the high probability is down today.


Fractal
Follow the smart money. Follow the probability.
  • #888
  • Jul 30, 2012 4:15am Jul 30, 2012 4:15am
As price is under the pivot for GU and EU, I'll only be making short positions on them today until the price moves above it...
  • #889
  • Jul 30, 2012 5:00am Jul 30, 2012 5:00am
Quoting GDR3k
As price is under the pivot for GU and EU, I'll only be making short positions on them today until the price moves above it...
Dax reversed off the pivot perfectly this am I see.

Aren't GU and others pivots based on Sunday's couple of hours making them invalid and better off with Fridays maybe ?
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #890
  • Jul 30, 2012 5:14am Jul 30, 2012 5:14am
Quoting Turveyd
Dax reversed off the pivot perfectly this am I see.

Aren't GU and others pivots based on Sunday's couple of hours making them invalid and better off with Fridays maybe ?
nooo they go off fridays prices
  • #891
  • Jul 30, 2012 5:18am Jul 30, 2012 5:18am
Quoting GDR3k
nooo they go off fridays prices
That's what i thought ignore the pivot monday on anything the traded Sunday night then.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #892
  • Jul 30, 2012 6:39am Jul 30, 2012 6:39am
Does GU form some triangle pattern in 5m ?
I have no knowledge about patterns.
im thinking about getting out of the trade coz the price seems going north.
see AU is going north.


Fractal
Follow the smart money. Follow the probability.
  • #893
  • Jul 30, 2012 6:43am Jul 30, 2012 6:43am
Quoting Fractal
Does GU form some triangle pattern in 5m ?
I have no knowledge about patterns.
im thinking about getting out of the trade coz the price seems going north.
see AU is going north.


Fractal
Tying to turn up maybe, but no real movement as yet and in 40mins time the yanks will wake up and everything will change, join what they are doing then.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #894
  • Jul 30, 2012 6:47am Jul 30, 2012 6:47am
Quoting Turveyd
Tying to turn up maybe, but no real movement as yet and in 40mins time the yanks will wake up and everything will change, join what they are doing then.
hope the new york will open break down
Follow the smart money. Follow the probability.
  • #895
  • Jul 30, 2012 6:52am Jul 30, 2012 6:52am
Quoting Fractal
hope the new york will open break down
Oil and AUDUSD have turned down recently, so got a chance.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #896
  • Jul 30, 2012 7:11am Jul 30, 2012 7:11am
The market is not moving no matter which pair you look. I am focusing on USD/CHF, and it looks like it needs time.
Attached Image (click to enlarge)
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  • #897
  • Jul 30, 2012 7:20am Jul 30, 2012 7:20am
Missed a good sell opportunity on EU earlier...
Attached Image (click to enlarge)
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  • #898
  • Jul 30, 2012 7:30am Jul 30, 2012 7:30am
GU short @ 1.5695......SL 1.5720, TP 1.5626.
Attached Image (click to enlarge)
Click to Enlarge Name: 88888.jpg Size: 170 KB
  • #899
  • Jul 30, 2012 7:31am Jul 30, 2012 7:31am
Quoting GDR3k
Missed a good sell opportunity on EU earlier...
Agreed. Maybe the only chance. Hard to find other enter positions after London open. EU is crazy down now, I like it.
Follow the smart money. Follow the probability.
  • #900
  • Jul 30, 2012 8:02am Jul 30, 2012 8:02am
Quoting GDR3k
GU short @ 1.5695......SL 1.5720, TP 1.5626.
Please let me know if ur TP hits I am also on the way.
Attached Image (click to enlarge)
Click to Enlarge Name: 7-30.png Size: 27 KB
Follow the smart money. Follow the probability.
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