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  • #725,321
  • Nov 30, 2012 5:26am Nov 30, 2012 5:26am
Quoting vlady1974
Closed +5
They're small but they're adding up.
I must say you have some b....lls my friend...! Wauw...! I hope it works out well for ya, the money will be well earned...!
  • #725,322
  • Nov 30, 2012 5:26am Nov 30, 2012 5:26am
Quoting 5percent
This is how an intra-day trader can plan his trades, you need to note that u can only buy low sell high within the perimeter of each box, after resistance or support is broken, u must close ur wrong trade and buy high sell low, then u will have lower probability of fight against trend, however, there are still other factors of deciding a trade like news, sessions,trend and etc, if a trader is spot on , each box is moving up and down within itself, can easily get 5 up 10 up down etc, before the next move/breakout. accumulation can be alot.
Yes, good advice for new starters. I will only add that once you get the hang of this. Please please please go to higher time frames.
Psychologically, all new green traders want to make money "now" which translates to 1M, 5M.

But the big money (and big risk) comes with longer moves. As I said earlier, it's about time (ie patience) which is all relative.
If you get the technicals right, they will work in higher time frames.

Aim to shift from 1M/5M to 5M/15M and then 1H/4H, etc.
A pip is only worth it if you know how much you risked to earn it
  • #725,323
  • Nov 30, 2012 5:27am Nov 30, 2012 5:27am
GU rising but EU stalling at 3005. maybe we need retest of 0.81 on EG
  • #725,324
  • Nov 30, 2012 5:28am Nov 30, 2012 5:28am
Quoting FX Wolf
lol
i thought you'd say 34; 3320 is fair enuf
EUR/USD is more complex and confusing weekly says 3054 dailies says 3080 and 3094 and 3130 which one's correct dunno

best option left for me to let the profit run
Wolves don't lose any sleep over the opinion of the sheep.
  • #725,325
  • Nov 30, 2012 5:28am Nov 30, 2012 5:28am
Quoting shmandi
GU rising but EU stalling at 3005. maybe we need retest of 0.81 on EG

Yes, battle lines currently at 04. Hoping for quick push and close above 06.
  • #725,326
  • Nov 30, 2012 5:29am Nov 30, 2012 5:29am
Quoting yelena
Merci beaucoup monsieur. It's not something i would consider trading. Rather, testing it as a leading indicator of some sort.


very dangerous instrument.
so is DOW

Gold not so correlated as it used to be now


Last few weeks I've noticed Crude or US oil a better leading indicator
of market Risk sentiment

at the moment its very bullish and the markets are as well
rat
  • #725,327
  • Nov 30, 2012 5:29am Nov 30, 2012 5:29am
Quoting shmandi
i'm sure that walking in jungle is safer then driving
Depends on which jungle mate, not in the rainforest of Brasil I guess
  • #725,328
  • Nov 30, 2012 5:30am Nov 30, 2012 5:30am
Quoting math_GB
I must say you have some b....lls my friend...! Wauw...! I hope it works out well for ya, the money will be well earned...!
Personally, I don't like it.
Ever since I got onto... now let me just check his name, yep.. here we go Laurentiu Damir. I mentioned him to Benny as well.

4H and 1H are what I like now.
It's simple, but not simplistic. Kind of related to my last post... ie. setups in higher timeframes.

Well, I used to be a scalper, but when I pulled +200 in 2 moves, I was sold. That was earlier this spring. That took about 2-3 trades. Not 20-30 trades. That eased my mind.

Mind you, I still blew the account cos of stupid mistakes - but once I identified those causes and rectified them (get a diary newbies!)
The moves have become more consistent.
A pip is only worth it if you know how much you risked to earn it
  • #725,329
  • Nov 30, 2012 5:32am Nov 30, 2012 5:32am
Quoting math_GB
Depends on which jungle mate, not in the rainforest of Brasil I guess
true. it also depend where you're driving
  • #725,330
  • Nov 30, 2012 5:32am Nov 30, 2012 5:32am
eur/usd ove so slow now//
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  • #725,331
  • Nov 30, 2012 5:34am Nov 30, 2012 5:34am
Quoting Sutts
Yes, battle lines currently at 04. Hoping for quick push and close above 06.
now we need to break 13 and we are good till 25/6
  • #725,332
  • Nov 30, 2012 5:34am Nov 30, 2012 5:34am
Quoting Sutts
Yes, battle lines currently at 04. Hoping for quick push and close above 06.

Sellers wrong footed there by that M15 IB - deliberate move IMO to add fuel to the bull run.
  • #725,333
  • Nov 30, 2012 5:34am Nov 30, 2012 5:34am
The opening 1H of the current 4H has a low of 3006.
If the 4H closes above this, looking for price to go higher on the 4H.
A pip is only worth it if you know how much you risked to earn it
  • #725,334
  • Nov 30, 2012 5:35am Nov 30, 2012 5:35am
Quoting vlady1974
Personally, I don't like it.
Ever since I got onto... now let me just check his name, yep.. here we go Laurentiu Damir. I mentioned him to Benny as well.

4H and 1H are what I like now.
It's simple, but not simplistic. Kind of related to my last post... ie. setups in higher timeframes.

Well, I used to be a scalper, but when I pulled +200 in 2 moves, I was sold. That was earlier this spring. That took about 2-3 trades. Not 20-30 trades. That eased my mind.

Mind you, I still blew the account cos of stupid mistakes - but once I identified those...
I personally never enjoyed scalpers mate...! I blame ranges that appear are caused by them but you guys are cool and if you can scalp sure...! I am an old tart I guess, we used to hold our stocks for years for dividends and scalping...???? In-out in a few minutes, I get distracted and want to go to the loo all the time... So no scalping for me...
  • #725,335
  • Nov 30, 2012 5:35am Nov 30, 2012 5:35am
Quoting shmandi
now we need to break 13 and we are good till 25/6

Agreed, hopefully 40+.
  • #725,336
  • Nov 30, 2012 5:35am Nov 30, 2012 5:35am
BE out on jap!

im off for 3 hours..

trade safe!
  • #725,337
  • Nov 30, 2012 5:35am Nov 30, 2012 5:35am
130 15 achieved. +20.
rat
  • #725,338
  • Nov 30, 2012 5:36am Nov 30, 2012 5:36am
this is previous on line thing
i'm posting just because is a free instrument for sharing ideas, views, study etc.
i'm not selling anything at all.
the link is youtube which by default ask no money. (lol do i need to write this?)

in the video a explain my views on GU and EJ by explaining my way to study a chart and identify a trade.
have a great weekend see you all on monday !!

Inserted Video


p.s. hey watch behind you!! there is a man with a gun ready to shoot you down if you dont watch the video
90% of traders use TA, indicators and prediction
  • #725,339
  • Nov 30, 2012 5:36am Nov 30, 2012 5:36am
Quoting math_GB
I personally never enjoyed scalpers mate...! I blame ranges that appear are caused by them but you guys are cool and if you can scalp sure...! I am an old tart I guess, we used to hold our stocks for years for dividends and scalping...???? In-out in a few minutes, I get distracted and want to go to the loo all the time... So no scalping for me...
Why's your tag "Math_Gb" is that for math ie Murrey Math? Or is it Matt H?
A pip is only worth it if you know how much you risked to earn it
  • #725,340
  • Nov 30, 2012 5:37am Nov 30, 2012 5:37am


Excellent! I was and bored. But that move was good for other reasons too.
Let's hope 4H closes higher.

Quoting rattyo
130 15 achieved. +20.
A pip is only worth it if you know how much you risked to earn it
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