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Day Trading for a Living

  • #1,061
  • Edited 5:33pm Aug 6, 2012 5:22pm | Edited 5:33pm
Quoting Turveyd
GDR come on man, what's the skinny on your new trading method uber scalpy then

Tweaked mine aswell after todays issues, hoping for better results well positive results but we shall see.
Check yer PM's

Giving explanations on chart history is one thing, putting it into practice for future reference is another thing however what I've put in the pic should explain itself, as the patterns are repeated daily so you should be able to spot a move going to happen before it does.
  • #1,062
  • Aug 6, 2012 5:36pm Aug 6, 2012 5:36pm
Quoting GDR3k
Check yer PM's

Giving explanations on chart history is one thing, putting it into practice for future reference is another thing however what I've put in the pic should explain itself, as the patterns are repeated daily so you should be able to spot a move going to happen before it does.
Got it and replied.

What's your win / lose ratio today ?? and up how many pips ??

I'm 3 for 3 all losers, 2 of them just SL'd bad life!!

Sometimes I literally can't lose and other times I literally can't profit, tis strange.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,063
  • Aug 7, 2012 3:43am Aug 7, 2012 3:43am
Missed a few good entrys this morning, the good moves seem to always happen when I'm not at the PC.
  • #1,064
  • Aug 7, 2012 3:47am Aug 7, 2012 3:47am
Hello, you should be discipline with the market my friend. Trust yourself, be confident and do not let your emotions ruin your intelligence and knowledge in trading. I entered 2 trades for today, GU, 1.5616 and 1.5617, it was late and I was out at breakeven of 1.5617. Profit of $1. And I am happy, because it was not loss.
  • #1,065
  • Edited 4:36am Aug 7, 2012 4:15am | Edited 4:36am
EU short after the bounce off yesterdays high and the daily candle finished a spinning top right in a supply area, waited for a pullback before entering. Risk is low. SL is at break even

Just closed for +10 as price has stalled in a demand area aswell as being a whole number area.
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  • #1,066
  • Edited 5:14am Aug 7, 2012 5:04am | Edited 5:14am
GU buy order hit 1.5629, breakaway from support. TP just under the previous swing high @ 1.5643

SL now at break even.

Closed for +10
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  • #1,067
  • Aug 7, 2012 5:09am Aug 7, 2012 5:09am
In the cinema with the kids who just unscrewed her pop and it soaked her lol

In the park on the Note for US session weather permitting is the plan.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,068
  • Aug 7, 2012 5:18am Aug 7, 2012 5:18am
Quoting Turveyd
In the cinema with the kids who just unscrewed her pop and it soaked her lol

In the park on the Note for US session weather permitting is the plan.
Hows the weather down there? its nasty up here, wind, rain...

AU looks to be forming a classic 'cup and handle' pattern, 1m timeframe.
  • #1,069
  • Aug 7, 2012 5:28am Aug 7, 2012 5:28am
Bought 2 GU at 1.5645 for 1 volume each..Up with 10 pips each..
  • #1,070
  • Aug 7, 2012 5:29am Aug 7, 2012 5:29am
Quoting GDR3k
Hows the weather down there? its nasty up here, wind, rain...

AU looks to be forming a classic 'cup and handle' pattern, 1m timeframe.
Light rain suposed to improve later and as the week goes on hopefully.

Watching from iphone but keep losing connection here so no traded.


Nice day so far.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,071
  • Aug 7, 2012 5:34am Aug 7, 2012 5:34am
Quoting RyadPro
Bought 2 GU at 1.5645 for 1 volume each..Up with 10 pips each..
Nice, GU is currently in a supply area 5650-5665, will be looking to go short if it bounces or long if it breaks through & get in on the pullback
  • #1,072
  • Aug 7, 2012 5:49am Aug 7, 2012 5:49am
Quoting GDR3k
Nice, GU is currently in a supply area 5650-5665, will be looking to go short if it bounces or long if it breaks through & get in on the pullback
Entering chop time slowing down which is when it looks less scarey and i trade then lose due to chop.

Seems to pick up 12:30 area into us open and news normally when i go look at skirt in town lol
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,073
  • Aug 7, 2012 5:51am Aug 7, 2012 5:51am
Quoting GDR3k
Nice, GU is currently in a supply area 5650-5665, will be looking to go short if it bounces or long if it breaks through & get in on the pullback
Yes, there is a resistance at 1.5665, hope it breaks through it, I moved sl to +5 pips each. If the trend reverses, I will be in overall profit of 10 pips. Am happy with it.
  • #1,074
  • Aug 7, 2012 5:52am Aug 7, 2012 5:52am
Quoting Turveyd
Entering chop time slowing down which is when it looks less scarey and i trade then lose due to chop.

Seems to pick up 12:30 area into us open and news normally when i go look at skirt in town lol
lol flash the cash and the hoes flock like flies round shit!
  • #1,075
  • Aug 7, 2012 6:01am Aug 7, 2012 6:01am
Quoting GDR3k
lol flash the cash and the hoes flock like flies round shit!
Between Lisa + 2 kids, Lucy and her indoors like i have any cash to flash not even enough to fake it these days
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,076
  • Edited 6:24am Aug 7, 2012 6:06am | Edited 6:24am
GU long @ 1.56522. SL 5 pips away from trade open. TP looking around 10 or pips but may leave it on should it break through the previous high then I'll take profit at 1.5673.

SL is very tight at break even now as its in a supply area on a bigger TF, but then again, its the smaller timeframes that make up the larger and I'm trading what I'm seeing on the chart right now.
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  • #1,077
  • Aug 7, 2012 6:21am Aug 7, 2012 6:21am
Mission for tonight is to work out probability of trade working at different times come up with prefered times and exclusion times.

Im fun at partys to
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,078
  • Aug 7, 2012 6:26am Aug 7, 2012 6:26am
Quoting Turveyd
Mission for tonight is to work out probability of trade working at different times come up with prefered times and exclusion times.

Im fun at partys to
My profit target is always atleast double my risk while scalping and will only enter if I see a decent profit area atleast double my risk (if that makes sence), the average stop for me is 3-5 pips.
  • #1,079
  • Aug 7, 2012 6:27am Aug 7, 2012 6:27am
Quoting GDR3k
GU long @ 1.56522. SL 5 pips away from trade open. TP looking around 10 or pips but may leave it on should it break through the previous high then I'll take profit at 1.5673.

SL is very tight at break even now as its in a supply area on a bigger TF, but then again, its the smaller timeframes that make up the larger and I'm trading what I'm seeing on the chart right now.

Closed for +11

A bounce from here and IMO it'll change direction so will be looking for it to break out lower then pullback to a good entry area.
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  • #1,080
  • Aug 7, 2012 6:36am Aug 7, 2012 6:36am
Quoting GDR3k
My profit target is always atleast double my risk while scalping and will only enter if I see a decent profit area atleast double my risk (if that makes sence), the average stop for me is 3-5 pips.
Im doing much the same just trade at stupid dead times rarher than middle of the action cause im a wuss.

50/50 win ratevis fine if your making 2xs your risk currentky i lose lose lose make it all back on 1 trade. Just got to reduce the lose lose bit.



Nice profit.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
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