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Day Trading for a Living

  • #1,181
  • Aug 14, 2012 10:23am Aug 14, 2012 10:23am
Quoting GDR3k
Quick question for you lot, would anyone be up for starting a trade room via MSN messenger or even Facebook? both are free.

If anyone is interested, PM me your msn messenger email or facebook name and I'll get adding, at the start of each trading day (for me, 7-8am GMT) I'll load msn messenger and invite everyone I've added into a big conversation...
Sounds good to me, might force more focus which is needed.


September and same start time better direction in the amfor my method.

US session very random im finding.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,182
  • Aug 14, 2012 10:25am Aug 14, 2012 10:25am
Quoting Turveyd
Sounds good to me, might force more focus which is needed.


September and same start time better direction in the amfor my method.

US session very random im finding.
Yeah it might help to have other peoples opinions on trades about to be taken..
  • #1,183
  • Aug 14, 2012 10:26am Aug 14, 2012 10:26am
Method called all the ts pretty well on EU and not as well on GU but wellnenough.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,184
  • Aug 14, 2012 1:53pm Aug 14, 2012 1:53pm
Quoting GDR3k
Yeah it might help to have other peoples opinions on trades about to be taken..
by the time someones read it on here and responded the trade was likely over 30mins earlier!!

Chat rooms become to chatty then you forget the market and chat all day, needs to be while the market is good and people are looking for trades, just trade talk, even then some short codes to speed it up.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,185
  • Aug 14, 2012 2:07pm Aug 14, 2012 2:07pm
Back testing new method for today!!

Theory is simple, 100ema ( 2 x high and low ) and 210ema same, if the market is above then likely the market will keep going up, up is the direction.

So on pull backs with slight hesitation, jump on the direction, SL just out side the 210ema L/H Ma.

On a directional day, good odds it'll bounce off the 100 and better slightly on bouncing off the 210ema.

On long trend days, it gets you in then either ride it all the way up, or exit and get back in on pull backs.

It only really loses if, direction changes or market turns to chop.


Chart attached, up arrows = buy and you'll work out the other for yourself.

Market all afternoon was CHOP and no use, but I have a chop system
Attached Image (click to enlarge)
Click to Enlarge Name: EU Tuesday.jpg Size: 241 KB
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,186
  • Aug 14, 2012 3:16pm Aug 14, 2012 3:16pm
Quoting Turveyd
Back testing new method for today!!

Theory is simple, 100ema ( 2 x high and low ) and 210ema same, if the market is above then likely the market will keep going up, up is the direction.

So on pull backs with slight hesitation, jump on the direction, SL just out side the 210ema L/H Ma.

On a directional day, good odds it'll bounce off the 100 and better slightly on bouncing off the 210ema.

On long trend days, it gets you in then either ride it all the way up, or exit and get back in on pull backs.

It only really loses if, direction changes...
I don't know how you trade with it zoomed out so far lol I like to be able to see candlesticks
  • #1,187
  • Aug 14, 2012 3:26pm Aug 14, 2012 3:26pm
Quoting GDR3k
I don't know how you trade with it zoomed out so far lol I like to be able to see candlesticks
I dont thats just to fit it all on screen to highlight the areas, i zoom in 1 more than that, then zoom in another when in trade.


Lets see how it goes or more the issue of if i can use it live.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,188
  • Edited 4:00pm Aug 14, 2012 3:40pm | Edited 4:00pm
Quoting Turveyd
I dont thats just to fit it all on screen to highlight the areas, i zoom in 1 more than that, then zoom in another when in trade.


Lets see how it goes or more the issue of if i can use it live.
Ahh cool, you should really look into supply & demand aswell if you're scalping the smaller TF, its working for me, infact its working on all TF for me

Just been nailed on the swap charge by my broker, ouch.
  • #1,189
  • Aug 14, 2012 6:34pm Aug 14, 2012 6:34pm
Quoting GDR3k
Ahh cool, you should really look into supply & demand aswell if you're scalping the smaller TF, its working for me, infact its working on all TF for me

Just been nailed on the swap charge by my broker, ouch.

I think supply and demand is what I'm already doing kinda, it's just looking for previous low's / high's right ?? You including fast move big candles aswell right, kinda gap theory kinda.

I want a main hassle free, repeat for ever system which brings in my cash the previous 1 with counter trend did well but small pips, I tried to flip it to with trend only and live it fails to much chop, 6 weeks and down 30% area to realise this but hey.

I've got a chop system already which works well, but only if it's 20-30pip range chop otherwise not worth it, not in the current market though, moves are to fast and well random.


Swap charges, sounds bad, mine never cost me more than 30cents so far.

Just rescued a downed baby seagul, parents where manically trying to get it to fly but NO CHANCE nearly got ran over twice so upstairs in a cage until it grows it's flying feathers, all good fun LOL
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,190
  • Aug 15, 2012 5:02am Aug 15, 2012 5:02am
Quoting Turveyd
I think supply and demand is what I'm already doing kinda, it's just looking for previous low's / high's right ?? You including fast move big candles aswell right, kinda gap theory kinda.

I want a main hassle free, repeat for ever system which brings in my cash the previous 1 with counter trend did well but small pips, I tried to flip it to with trend only and live it fails to much chop, 6 weeks and down 30% area to realise this but hey.

I've got a chop system already which works well, but only if it's 20-30pip range chop otherwise not worth...
Lol seagulls, I hate those things, a constant pest when you're near the seaside always looking to snatch your food out your hand, I've seen some that look like Pterodactyl's with their enormous wing span, not surprising really as all they seem to eat is junk food, chips, mcdonalds, etc. Not to mention they shite all over your car!!
  • #1,191
  • Aug 15, 2012 5:11am Aug 15, 2012 5:11am
Quoting GDR3k
Lol seagulls, I hate those things, a constant pest when you're near the seaside always looking to snatch your food out your hand, I've seen some that look like Pterodactyl's with their enormous wing span, not surprising really as all they seem to eat is junk food, chips, mcdonalds, etc. Not to mention they shite all over your car!!
He is cute survived the first night eating food so good odds i will be flying him in 2 months i guess.

Missed some good trend entrys and mives this am i see looking good and easy.

Sadly taking kids around rip off sealife centre all day wishing of of brought the Note BORED!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,192
  • Edited 6:35am Aug 15, 2012 6:12am | Edited 6:35am
Quoting Turveyd
He is cute survived the first night eating food so good odds i will be flying him in 2 months i guess.

Missed some good trend entrys and mives this am i see looking good and easy.

Sadly taking kids around rip off sealife centre all day wishing of of brought the Note BORED!
Sounds good! Still in that GU trade from yesterday, moved my stop from BE just before the pound news earlier today so it wasn't hit, EU has dropped so GU should follow...

SL has been moved back to break even now.
  • #1,193
  • Aug 15, 2012 9:21am Aug 15, 2012 9:21am
Quoting GDR3k
Sounds good! Still in that GU trade from yesterday, moved my stop from BE just before the pound news earlier today so it wasn't hit, EU has dropped so GU should follow...

SL has been moved back to break even now.
You killed GU i see 12 pip range for hours useless hey.


Other pairs moves where called looking good.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,194
  • Aug 15, 2012 12:31pm Aug 15, 2012 12:31pm
Summer is in full effect isn't it, no point even bothering to try in the US session.

Get many / any takers on the chat room ??

Role on September and kids back to school!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,195
  • Aug 16, 2012 1:16am Aug 16, 2012 1:16am
SELL EU @ daily pivot 1.2298
SL @ BE
Follow the smart money. Follow the probability.
  • #1,196
  • Edited 2:23am Aug 16, 2012 1:49am | Edited 2:23am
Quoting Turveyd
Summer is in full effect isn't it, no point even bothering to try in the US session.

Get many / any takers on the chat room ??

Role on September and kids back to school!!
None lol Ah well, you'll have to PM me your facebook or MSN info.

Quoting Fractal
SELL EU @ daily pivot 1.2298
SL @ BE
Good trade, missed that one as I've only just got up, whats your profit target? 1.2218 is looking a good one or 1.2185.

Still in that GU trade from tuesday, about time it got moving, I think I'll go away next august for a month long jolly.

edit - Just closed that GU trade at resistance turned to support, +46, it may bounce back up from here, if not I'll look to re enter short.
Attached Image (click to enlarge)
Click to Enlarge Name: 88888.jpg Size: 129 KB
  • #1,197
  • Aug 16, 2012 2:33am Aug 16, 2012 2:33am
Quoting GDR3k
None lol Ah well, you'll have to PM me your facebook or MSN info.



Good trade, missed that one as I've only just got up, whats your profit target? 1.2218 is looking a good one or 1.2185.

Still in that GU trade from tuesday, about time it got moving, I think I'll go away next august for a month long jolly.

edit - Just closed that GU trade at resistance turned to support, +46, it may bounce back up from here, if not I'll look to re enter short.

Definitely take August off next year if I'm full time trader, it's just impossible.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,198
  • Aug 16, 2012 2:39am Aug 16, 2012 2:39am
Quoting Turveyd
Definitely take August off next year if I'm full time trader, it's just impossible.
Aye, far too slow, but saying that, looking back over the past few days I've missed a few good entrys on AU and EU aswell, but thats purely from not being sat at the screen, in most of the day today and have my levels set up of where I'll enter a trade should price hit it and change PA.
  • #1,199
  • Aug 16, 2012 3:10am Aug 16, 2012 3:10am
Quoting GDR3k
Aye, far too slow, but saying that, looking back over the past few days I've missed a few good entrys on AU and EU aswell, but thats purely from not being sat at the screen, in most of the day today and have my levels set up of where I'll enter a trade should price hit it and change PA.
It's partially there isn't enough so you get bored or it's barely moving then suddenly 100 pip move in a few minutes.

December is almost as bad to.


My setups worked just but barely moved so why bother should be in a good position come September


Child sitting better get up, bloody woman!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,200
  • Aug 16, 2012 5:33am Aug 16, 2012 5:33am
Quoting Turveyd
It's partially there isn't enough so you get bored or it's barely moving then suddenly 100 pip move in a few minutes.

December is almost as bad to.


My setups worked just but barely moved so why bother should be in a good position come September


Child sitting better get up, bloody woman!
Thats why I'm holding onto my trades for longer recently, I opened that GU trade Tuesday and held it until this morning, thats the longest I've held onto a trade in months.
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