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Day Trading for a Living

  • #1,101
  • Aug 7, 2012 6:39pm Aug 7, 2012 6:39pm
Baby sitting Wednesday with the GF other kids so not even going to bother to take the Note.

Just tried to update my Iphone first time in 18months and it killed it, forget updating it, some how it came back when it failed to drop a 4.3.5 version onto it, no idea how, apple screw some things up.


Check out the GU chart for today, my latest setup is working really well, really clean, follow the thick white line and make money on a day like today.


Confidence is well higher
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU1.jpg Size: 232 KB
Click to Enlarge Name: gu2.jpg Size: 222 KB
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,102
  • Aug 8, 2012 4:19am Aug 8, 2012 4:19am
EU short 1.23839, bounce out of a supply area, TP is 1.2295.

SL is at break even @ +13 should it move back up.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 88888.jpg Size: 74 KB
Click to Enlarge Name: after.jpg Size: 80 KB
  • #1,103
  • Aug 8, 2012 4:41am Aug 8, 2012 4:41am
Just missed a bloody good entry on GU!!
Attached Image (click to enlarge)
Click to Enlarge Name: 88888.jpg Size: 80 KB
  • #1,104
  • Aug 8, 2012 4:43am Aug 8, 2012 4:43am
Quoting GDR3k
EU short 1.23839, bounce out of a supply area, TP is 1.2295.

SL is at break even @ +13 should it move back up.
Closed for +25, price looks to be stalling in a demand area, may re enter short @ the 2370 area
  • #1,105
  • Aug 8, 2012 4:43am Aug 8, 2012 4:43am
Quoting GDR3k
Just missed a bloody good entry on GU!!
Missing it all today . So be happy!


Vague watching only today otherwise i will forget and have to startvfrom scratch again.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,106
  • Edited 5:26am Aug 8, 2012 4:58am | Edited 5:26am
AU long @ 1.05477

SL is now at break even @ +8 should it reverse

Closed for +15
  • #1,107
  • Aug 8, 2012 5:55am Aug 8, 2012 5:55am
Can we buy GU at 1.5635 on its pullback please? Do you think it will move up please? Thank you for your advice.
  • #1,108
  • Aug 8, 2012 5:56am Aug 8, 2012 5:56am
Quoting RyadPro
Can we buy GU at 1.5635 on its pullback please? Do you think it will move up please? Thank you for your advice.
Looks to be a good entry however you're better waiting for a reversal candle in the area before getting in
  • #1,109
  • Aug 8, 2012 6:01am Aug 8, 2012 6:01am
Quoting Turveyd
Missing it all today . So be happy!


Vague watching only today otherwise i will forget and have to startvfrom scratch again.
Get yer arse behind a screen and get stripping other peoples accounts dry
  • #1,110
  • Aug 8, 2012 6:04am Aug 8, 2012 6:04am
Quoting GDR3k
Looks to be a good entry however you're better waiting for a reversal candle in the area before getting in
A reversal on which TF please? Because I think it will move up as BOE Gov King has declared his cautiousness on cutting interest. Which means GBP should be stronger by the end of the day, where can it go, 1.5700?
  • #1,111
  • Aug 8, 2012 6:12am Aug 8, 2012 6:12am
EU long @ 1.23591, SL just under the previous low. TP 1.23528
Attached Image (click to enlarge)
Click to Enlarge Name: 88888.jpg Size: 66 KB
  • #1,112
  • Aug 8, 2012 6:14am Aug 8, 2012 6:14am
Quoting RyadPro
A reversal on which TF please? Because I think it will move up as BOE Gov King has declared his cautiousness on cutting interest. Which means GBP should be stronger by the end of the day, where can it go, 1.5700?
5m and under is what I use to make an entry. No idea where it could reach, I just trade the opportunitys I'm presented with
  • #1,113
  • Aug 8, 2012 6:19am Aug 8, 2012 6:19am
Quoting GDR3k
5m and under is what I use to make an entry. No idea where it could reach, I just trade the opportunitys I'm presented with
Please let me know, my indicators are telling me to buy, but I am waiting.. Please post when you enter long on GU..Thanks a lot..
  • #1,114
  • Aug 8, 2012 10:07am Aug 8, 2012 10:07am
Looking nice today with new setup.


Uk mornings definately more volatile got to start waking up
Early.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,115
  • Aug 8, 2012 11:58am Aug 8, 2012 11:58am
GDR, we miss a lot of good plays due to news which is when the big moves form, other than stupid NFP and interest rate stuff i reckon we should play through the news.

SL s are at risk from huge quick moves but most of the time they should go our way.

Thoughts ?
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,116
  • Aug 8, 2012 3:37pm Aug 8, 2012 3:37pm
Back testing news times, most the direction is the side we'd be on anyway and most have a big reaction afterwards which we'd normally miss.

Opens up available trade time and 1 less thing to worry about, now when the trade times are to be around to handle the reaction ofcourse.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,117
  • Aug 8, 2012 4:26pm Aug 8, 2012 4:26pm
I tend not to trade 10 minutes before a major news release unless I'm already in a trade and its stop is at trade open,
  • #1,118
  • Aug 8, 2012 4:32pm Aug 8, 2012 4:32pm
Quoting GDR3k
I tend not to trade 10 minutes before a major news release unless I'm already in a trade and its stop is at trade open,
normally 30mins before for me, loses more and more of available trade time.

As we are generally tight SL and after many times the SL game, then news gives us the many times potential so if I see a setup before news I'm going to start taking it.

Obviously there is a risk of major move against us and being SL'd at 50 rather than 10, but same chance it'll go +50 in seconds so balances it out nicely.


No more excuses, start nailing it like you do, without fear or emotion basically.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,119
  • Aug 8, 2012 4:34pm Aug 8, 2012 4:34pm
Early night, must move inbuilt clock back, sleep at 11, wake and trade from 7am area, mornings suite our scalpy stylee much better.

Nite!!

that and shattered and likely sun stroked!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,120
  • Aug 8, 2012 4:38pm Aug 8, 2012 4:38pm
Quoting GDR3k
EU long @ 1.23591, SL just under the previous low. TP 1.23528
I believe you made a typo.

I'm hoping EU goes up, I'm stuck at 1.239
A 1 pip gain is better than a 1 pip loss.
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