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All Majors and Gold

  • #21
  • Nov 2, 2012 4:59am Nov 2, 2012 4:59am
Quoting gnomoneey
buy 1.2435 tp 1.2460

- mainly stochastic is at oversold and a little retracement should happen

Attachment
manually sold for loss -30 pips

i will revaulate the chart on the weekend
Wooooohooooo or Boooooohooooo
  • #22
  • Nov 2, 2012 5:00am Nov 2, 2012 5:00am
Quoting deepak925
thanks...
Wooooohooooo or Boooooohooooo
  • #23
  • Nov 2, 2012 5:07am Nov 2, 2012 5:07am
Quoting gnomoneey
put a buy order at 1.0380 sl 1.0360 tp open

-reason is a little retracement to my blue and aqua trendline
-a bounce from here is about 1.0380
- this a little risky as stochastic is at overbought and retracement could go for a long drop

Attachment

watching this very closely for now...came close to my sl but no cigar....
Wooooohooooo or Boooooohooooo
  • #24
  • Nov 2, 2012 5:23am Nov 2, 2012 5:23am
i've had this going for at least 4 mths

-a break down and close of daily below that upper channel line or tl should keep this pair dropping.
-took the trade last night as i saw it should touch the tl and now bouncing up.
Attached Image (click to enlarge)
Click to Enlarge Name: xaunov2hs.gif Size: 37 KB
Wooooohooooo or Boooooohooooo
  • #25
  • Nov 2, 2012 5:38am Nov 2, 2012 5:38am
this is what i want to see today and if it happens i'm going to be a very happy guy....keep noticed on yellow dot



Attached Image (click to enlarge)
Click to Enlarge Name: eunov2yellowdt.gif Size: 26 KB
Wooooohooooo or Boooooohooooo
  • #26
  • Nov 2, 2012 7:27am Nov 2, 2012 7:27am
after close of this h4 candle
Wooooohooooo or Boooooohooooo
  • #27
  • Nov 2, 2012 7:46am Nov 2, 2012 7:46am
http://www.forexfactory.com/showthre...14#post6142114

remember this
Wooooohooooo or Boooooohooooo
  • #28
  • Nov 2, 2012 7:50am Nov 2, 2012 7:50am
i cant find my post regarding wanting to see 1680 but heres why i thought that would happen

-look at red tl
Attached Image (click to enlarge)
Click to Enlarge Name: xaunov2redtl.gif Size: 28 KB
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  • #29
  • Nov 2, 2012 7:59am Nov 2, 2012 7:59am
i posted this wednesday night i think
http://www.forexfactory.com/showthre...03#post6151003
"i dont like what i see and i hope we break support finally and not bounce anymore...."

http://www.forexfactory.com/attachme...1&d=1351740034

now....woooohoooo

Attached Image (click to enlarge)
Click to Enlarge Name: eunov2greentl.gif Size: 25 KB

Wooooohooooo or Boooooohooooo
  • #30
  • Nov 2, 2012 8:05am Nov 2, 2012 8:05am
Quoting gnomoneey
put a buy order at 1.0380 sl 1.0360 tp open

-reason is a little retracement to my blue and aqua trendline
-a bounce from here is about 1.0380
- this a little risky as stochastic is at overbought and retracement could go for a long drop

Attachment
still in ....let's see the h4 candle closing
Wooooohooooo or Boooooohooooo
  • #31
  • Nov 2, 2012 8:20am Nov 2, 2012 8:20am
Quoting gnomoneey
http://www.forexfactory.com/showthre...14#post6142114

remember this
why you are taking trades..

Did demo from jan to oct then went live Following is my plan:

TRADING GOLD WITH $1 PER PIP IF I BUY GOLD @$1692.60 AND SELL @$1693.60 I GET $100 AND VICE VERSA IF I SELL…CONTINUING THIS PLAN FOR 3 MONTHS I EARN $6000 IN 60 DAYS (20 DAYS EACH MONTH) IF I DO IT CONSISTENTLY AND GET THE SUCCESS ACCORDING TO PLAN 1 THAN WILL JUMP TO PLAN 2..

I LOOK FOR 1.50$ MOVE IN GOLD DAILY SO I CAN ACHIEVE MY TARGET ON DAILY BASIS THAT INCLUDES SPREAD ALSO..

your opinion and views with charts

I use 5min charts for ranging markets using PA to achieve my targets daily..

AND

15m 30m 1hr charts for trending markets again using pa or going with 5ma if it's trending..

Hope i explained it properly comments or advice appreciated still a newbie with no prior experince..

Thanks
GBP/USD
  • #32
  • Nov 2, 2012 8:23am Nov 2, 2012 8:23am
yellow tl pa resisted let's see if it stays down...

http://www.forexfactory.com/attachme...1&d=1351862464
Wooooohooooo or Boooooohooooo
  • #33
  • Nov 2, 2012 8:28am Nov 2, 2012 8:28am
Quoting deepak925
why you are taking trades..

Did demo from jan to oct then went live Following is my plan:

TRADING GOLD WITH $1 PER PIP IF I BUY GOLD @$1692.60 AND SELL @$1693.60 I GET $100 AND VICE VERSA IF I SELL…CONTINUING THIS PLAN FOR 3 MONTHS I EARN $6000 IN 60 DAYS (20 DAYS EACH MONTH) IF I DO IT CONSISTENTLY AND GET THE SUCCESS ACCORDING TO PLAN 1 THAN WILL JUMP TO PLAN 2..

I LOOK FOR 1.50$ MOVE IN GOLD DAILY SO I CAN ACHIEVE MY TARGET ON DAILY BASIS THAT INCLUDES SPREAD ALSO..

your opinion and views with charts

I use 5min charts for ranging markets...
gold moves very fast and can kill your account if you dont have good money management-mm.
it costs me 50pips spread when i buy...i also use $1/pip but looking at 5-10 pips movement...but that's me...
as you see i use 4h and higher tf to do my trades.
-i dont like lower tf..this is just me but if it works for you then great.

but like i said before i use a bunch of indicators and if they mostly align then i'll take a trade.

that's my views...
Wooooohooooo or Boooooohooooo
  • #34
  • Nov 2, 2012 8:30am Nov 2, 2012 8:30am
your choice when to enter and plan your trade properly so that you won't second guess it, but it doesnt mean you can't adjust as the day goes by....

i trade looking at 4h,d1 and weekly.
i use stochastic
i use my own 3 ma that tells me
i use Trend lines and different patterns
i use SAR
i use fib
i look for candle engulfing or doji or hammers
and PA

when a majority of these are saying the same thing i will plan and take the trade.

it's worked for me but then again it might not for you so do what makes you successful
Wooooohooooo or Boooooohooooo
  • #35
  • Nov 2, 2012 8:45am Nov 2, 2012 8:45am
Quoting gnomoneey
your choice when to enter and plan your trade properly so that you won't second guess it, but it doesnt mean you can't adjust as the day goes by....

i trade looking at 4h,d1 and weekly.
i use stochastic
i use my own 3 ma that tells me
i use Trend lines and different patterns
i use SAR
i use fib
i look for candle engulfing or doji or hammers
and PA

when a majority of these are saying the same thing i will plan and take the trade.

it's worked for me but then again it might not for you so do what makes you successful
Comments Appreciated..

yup i also get 50pips spread i tried longer tf while demoing but just not comfortable comapared to smaller tf and i am a bit comfortable catching $1.50 move on 5m or 15m sometimes..

i trade looking at 5m 15m 30m 1hr and daily..
i use stochastic 5 3 3
5 10 emas
sometimes pivots

if mas and stoc go together then i take the trade keeping trend in mind..

Big problem right now i am facing is lack of self confidence after going live maybe bcoz of real money that's why taking it slowly but sticking to my plan..
GBP/USD
  • #36
  • Nov 2, 2012 8:56am Nov 2, 2012 8:56am
Quoting deepak925
Comments Appreciated..

yup i also get 50pips spread i tried longer tf while demoing but just not comfortable comapared to smaller tf and i am a bit comfortable catching $1.50 move on 5m or 15m sometimes..

i trade looking at 5m 15m 30m 1hr and daily..
i use stochastic 5 3 3
5 10 emas
sometimes pivots

if mas and stoc go together then i take the trade keeping trend in mind..

Big problem right now i am facing is lack of self confidence after going live maybe bcoz of real money that's why taking it slowly but sticking to my plan..
that's because it's real money now and you have to really have great money management so that you dont feel bad if trade goes against you -150pips

i only trade 1%-5% of my account...rarely i have 10%

the emotions disappear with lower % of account outstanding...slow and easy will win the race....right

also have confident on your style and plan
Wooooohooooo or Boooooohooooo
  • #37
  • Nov 2, 2012 8:58am Nov 2, 2012 8:58am
Quoting gnomoneey
that's because it's real money now and you have to really have great money management so that you dont feel bad if trade goes against you -150pips

i only trade 1%-5% of my account...rarely i have 10%

the emotions disappear with lower % of account outstanding...slow and easy will win the race....right

also have confident on your style and plan
Thanks for the advice mate..cheers
GBP/USD
  • #38
  • Nov 2, 2012 9:04am Nov 2, 2012 9:04am
Quoting deepak925
Thanks for the advice mate..cheers
i'm also new trader under one yr...

my problem right now is taking advantage of a winning trade and a chart thats shouting at me to keep trade open..i'm currently trying different plans out but only time will tell if it's successful

Wooooohooooo or Boooooohooooo
  • #39
  • Nov 2, 2012 9:06am Nov 2, 2012 9:06am
Quoting gnomoneey
i'm also new trader under one yr...

my problem right now is taking advantage of a winning trade and a chart thats shouting at me to keep trade open..i'm currently trying different plans out but only time will tell if it's successful

Then best of luck to both of us..
GBP/USD
  • #40
  • Nov 2, 2012 9:41am Nov 2, 2012 9:41am
Helo my first post in this thread
Gold going down. My chart says its gonna go downhill some more. Any opinions?
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