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Trading For Those With a 9-5 Job

  • #4,721
  • Aug 23, 2014 5:35pm Aug 23, 2014 5:35pm
Coffee
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If you think you can or cannot do it you are correct
  • #4,722
  • Aug 24, 2014 5:43pm Aug 24, 2014 5:43pm
Gaps all over the place. US$ strong out of the gate. Will all the gaps get filled? I am leaning toward a yes answer. Remember traders here in the UK are on holiday so trading volumes will be lighter and moves could be exaggerated.
If you think you can or cannot do it you are correct
  • #4,723
  • Aug 25, 2014 1:28pm Aug 25, 2014 1:28pm
EurUsd - breakaway gap or abandoned baby? Tomorrow will tell

Right out of the gate today the US$ gave a smackdown to all the other major currencies. However as the day progressed it appears all the gaps except the eurusd have been filled. This leaves us thinking is this a real breakaway gap (which usuall signifies the midway of the downmove) of is this gap a low volume run in price because UK was on holiday.
I have been tracking an EW 5 move down in this pair as shown in red lines on the chart (5th wave hasnt completed yet. Normally a 3 wave retracement should follow towards 3400. Either way the trend is still down and so if we get a retracement I will use it as a better selling entry. Likewise if the gap doesnt fill then the true bearishness of the eur is now even clearer
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If you think you can or cannot do it you are correct
  • #4,724
  • Aug 26, 2014 8:32am Aug 26, 2014 8:32am
usdcad

Price popped out into open space and reversed. We might have a false breakout on out hands. Ultimately I am bullish this pair and will be going long after the new latest high is cleared

Olu
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If you think you can or cannot do it you are correct
  • #4,725
  • Aug 27, 2014 10:35pm Aug 27, 2014 10:35pm
GREAT.. Clear directions thread.....
  • #4,726
  • Aug 28, 2014 8:54am Aug 28, 2014 8:54am
Quoting danc
GREAT.. Clear directions thread.....

Thanks Danc for visiting the thread and your comment. I use this thread to say what is on my mind as per trading - correct or not and to learn from other traders. Please feel free to post.

Olu
If you think you can or cannot do it you are correct
  • #4,727
  • Aug 28, 2014 8:57am Aug 28, 2014 8:57am
Cocoa

Yesterday's price action was good for traders (who missed the upmove) waiting for a top in this market. While the top is not confirmed the price rejection/selling pressure must not go unnoticed.
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If you think you can or cannot do it you are correct
  • #4,728
  • Edited 4:47pm Aug 28, 2014 4:18pm | Edited 4:47pm
AudCad
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If you think you can or cannot do it you are correct
  • #4,729
  • Aug 29, 2014 9:02am Aug 29, 2014 9:02am
Dax30
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If you think you can or cannot do it you are correct
  • #4,730
  • Aug 29, 2014 10:53am Aug 29, 2014 10:53am
Quoting Olu
Dax30 {image}

false breakdown...

Olu
If you think you can or cannot do it you are correct
  • #4,731
  • Aug 31, 2014 2:01pm Aug 31, 2014 2:01pm
Hi everyone, I'm a novice when it comes to trading. I follow trends and I would like to network with you guys so you can teach me how to trade to make profits.
  • #4,732
  • Sep 1, 2014 1:20am Sep 1, 2014 1:20am
Quoting moeschizlac
Hi everyone, I'm a novice when it comes to trading. I follow trends and I would like to network with you guys so you can teach me how to trade to make profits.

Hi M

Thanks for visiting the thread. I am essentially a trend follower too and we are all learning trade by trade. Feel free to post any material useful for 9-5ers and traders will read it and make comments on your ideas. Wish you loads of pips

Olu
If you think you can or cannot do it you are correct
  • #4,733
  • Sep 2, 2014 8:38am Sep 2, 2014 8:38am
EurCad
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If you think you can or cannot do it you are correct
  • #4,734
  • Edited 3:23pm Sep 2, 2014 3:11pm | Edited 3:23pm
usdcad - there might be more downside in store. Will be lloking to short if 1.0900 is taken out
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If you think you can or cannot do it you are correct
  • #4,735
  • Sep 2, 2014 3:46pm Sep 2, 2014 3:46pm
Cotton is rolling over...
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If you think you can or cannot do it you are correct
  • #4,736
  • Sep 2, 2014 6:29pm Sep 2, 2014 6:29pm
GREAT....charts
  • #4,737
  • Sep 2, 2014 7:24pm Sep 2, 2014 7:24pm
What about the USD/JPY? Is the price of that pair going to rise to 110?
  • #4,738
  • Sep 3, 2014 1:36am Sep 3, 2014 1:36am
when you say break of red line, do you mean close below after candle closes?

Quoting Olu
Cocoa Yesterday's price action was good for traders (who missed the upmove) waiting for a top in this market. While the top is not confirmed the price rejection/selling pressure must not go unnoticed. {image}
  • #4,739
  • Sep 3, 2014 2:17am Sep 3, 2014 2:17am
Quoting trexy123
when you say break of red line, do you mean close below after candle closes? {quote}
Hi Texy123

How are you. Long time no see (read ). Yes I want to see a solid close below the red line not just a dip below it. Cocoa is bit of an animal so I want to see some commitment to the downside if I am selling

Olu
If you think you can or cannot do it you are correct
  • #4,740
  • Sep 3, 2014 2:25am Sep 3, 2014 2:25am
Quoting Olu
Dollar Index {image} {image}
You were right Olu, $ kept going on. Letīs watch for NFP, ppl are excited about buying gold, too excited.
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