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Bull City Baby! Buying Opportunities

  • #741
  • Dec 11, 2014 4:03pm Dec 11, 2014 4:03pm
Trying to bounce at current level... Even gapped up. Time to buy?
  • #742
  • Dec 11, 2014 4:05pm Dec 11, 2014 4:05pm
Quoting benaiah
Trying to bounce at current level... Even gapped up. Time to buy?

I am in. I tried a scalp with tight stop and its paying off right now. We shall see.

Edit: Low risk and high reward love it. Today is just my day! I am on fire. Love good price action.
  • #743
  • Dec 11, 2014 4:09pm Dec 11, 2014 4:09pm
I'm in too. Looks like it's trying to get back above the bottom trend line of the channel it's been in since the start of this reversal. My SL is 20 pips though, more than I like, so hopefully we'll see support established quickly, and I can tighten things up...

By the way, Mr. dbutton1990 - good call, looks like you might be right... Let's see how far we can go. Really, really need to get above that daily 8 ema and make it point back up...
  • #744
  • Dec 11, 2014 4:12pm Dec 11, 2014 4:12pm
Quoting benaiah
{quote} Definitely on the lookout for support to be found. But I think the next level down around 118.29 shows more recent support, and is more likely. But I'll be watching the price to see when it bounces, so I can get back in long...
Nice morning star on the 5 min!
Good luck and may the odds be ever in your favor!
  • #745
  • Dec 11, 2014 4:13pm Dec 11, 2014 4:13pm
Quoting dbutton1990
{quote} Nice morning star on the 5 min!
Yep, and back into the upward moving channel, need it to push off from here
  • #746
  • Dec 11, 2014 4:15pm Dec 11, 2014 4:15pm
The way this thing is looking right now, we will see continued bullish consolidation into tomorrow's close. Sunday's open should be a nice gap up due to election results. Anything is possible after that. I am still keeping a target of 122.50-123.50 though
Good luck and may the odds be ever in your favor!
  • #747
  • Dec 11, 2014 4:31pm Dec 11, 2014 4:31pm
Okay, the way I see it (sorry for the sloppy chart), we need to stay in the blue shaded area or get above it to be comfortable with longs. Note the bearish engulfing bar earlier this week, and again today, both rejecting the daily 8 ema (thick yellow line).

Bulls need to take out the high of that engulfing formation as soon as possible...
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH4.png Size: 50 KB
  • #748
  • Dec 11, 2014 4:32pm Dec 11, 2014 4:32pm
Quoting benaiah
Okay, the way I see it (sorry for the sloppy chart), we need to stay in the blue shaded area or get above it to be comfortable with longs. Note the bearish engulfing bar earlier this week, and again today, both rejecting the daily 8 ema (thick yellow line). Bulls need to take out the high of that engulfing formation as soon as possible... {image}

  • #749
  • Dec 11, 2014 4:36pm Dec 11, 2014 4:36pm
Quoting benaiah
Okay, the way I see it (sorry for the sloppy chart), we need to stay in the blue shaded area or get above it to be comfortable with longs. Note the bearish engulfing bar earlier this week, and again today, both rejecting the daily 8 ema (thick yellow line). Bulls need to take out the high of that engulfing formation as soon as possible... {image}
This shouldn't be a problem. It should take another shot at 119.50. I'll be watching closely!
Good luck and may the odds be ever in your favor!
  • #750
  • Dec 11, 2014 4:41pm Dec 11, 2014 4:41pm
Quoting benaiah
Okay, the way I see it (sorry for the sloppy chart), we need to stay in the blue shaded area or get above it to be comfortable with longs. Note the bearish engulfing bar earlier this week, and again today, both rejecting the daily 8 ema (thick yellow line). Bulls need to take out the high of that engulfing formation as soon as possible... {image}
Not bad, Geppy man. Did not get an opportunity to enter on the spike, so I want to wait for now. Liqudity is getting lower, and spikes here and there are more likely to occur now.
Fix up, trade sharp ...
  • #751
  • Dec 11, 2014 4:44pm Dec 11, 2014 4:44pm
Am I the only one excited about this ginormous crown on the 5 min? It gets smaller on the 15 and one hour, but definitely visible! Brace yourselfs! Higher highs are coming!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 119 KB
Good luck and may the odds be ever in your favor!
  • #752
  • Dec 11, 2014 4:44pm Dec 11, 2014 4:44pm
Quoting Hickson
{quote} Not bad, Geppy man. Did not get an opportunity to enter on the spike, so I want to wait for now. Liqudity is getting lower, and spikes here and there are more likely to occur now.
Yes, and you remind me of how crazy this week has been. And I think it made me a little crazy...er as well
  • #753
  • Dec 11, 2014 4:46pm Dec 11, 2014 4:46pm
Quoting dbutton1990
Am I the only one excited about this ginormous crown on the 5 min? It gets smaller on the 15 and one hour, but definitely visible! Brace yourselfs! Higher highs are coming! {image}
Good eyes. Yes, I was looking at it on H1, and was thinking that as long as H1 continues as bullish as it looks, H4 will follow...
  • #754
  • Dec 11, 2014 4:53pm Dec 11, 2014 4:53pm
Quoting benaiah
{quote} Yes, and you remind me of how crazy this week has been. And I think it made me a little crazy...er as well
LOL, take it easy mate ... you know you cannot force this crazy market. Just take your time, the dollar retracement may not be done yet. Well maybe it is, but it is so choppy chop chop taking any positions now lol ...
Fix up, trade sharp ...
  • #755
  • Dec 11, 2014 5:18pm Dec 11, 2014 5:18pm
Quoting Rizmeister
{quote} Funny chsortman!! I just dropped out of Dental Hygiene school! To trade fulltime! Amazing GPA top in Clinic. I am a male so everyone wanted me hahahaha Bounced off of the 200 ma as expected. Lets see if it holds. Edit: Went to Fones School Of Dental Hygiene in CT. Got certified to give Local A. as well. Only guy in class out of 50 lol.
Come work for me and we can trade between patients. I pay well...
  • #756
  • Dec 11, 2014 5:22pm Dec 11, 2014 5:22pm
Quoting chsortman
{quote} Come work for me and we can trade between patients. I pay well...

haha! I didn't take my boards! I dropped out too soon! Yeah we would make a killing thats for sure.
  • #757
  • Dec 11, 2014 5:28pm Dec 11, 2014 5:28pm
Quoting Rizmeister
{quote} haha! I didn't take my boards! I dropped out too soon! Yeah we would make a killing thats for sure.
are you trading your own money?
  • #758
  • Dec 11, 2014 5:33pm Dec 11, 2014 5:33pm
Quoting chsortman
{quote} are you trading your own money?

Yes sir.

Edit: I have been involved in the markets since I was 18. I am now 26. Finally decided this is the only thing I enjoy misewell just do it for a living.
  • #759
  • Dec 11, 2014 5:50pm Dec 11, 2014 5:50pm
Quoting Rizmeister
{quote} Yes sir. Edit: I have been involved in the markets since I was 18. I am now 26. Finally decided this is the only thing I enjoy misewell just do it for a living.
would you mind sharing how much you pay yourself on average and what your trading account stats are? I'm not looking for a pissing contest, I'm really quite curious. I would love to make dentistry a smaller part of my life and trading a larger part because I enjoy the charts so much (at least when I'm winning I do)... I'm actually building a new house and we're including a trading area...
  • #760
  • Dec 11, 2014 5:53pm Dec 11, 2014 5:53pm
Quoting chsortman
{quote} would you mind sharing how much you pay yourself on average and what your trading account stats are? I'm not looking for a pissing contest, I'm really quite curious. I would love to make dentistry a smaller part of my life and trading a larger part because I enjoy the charts so much (at least when I'm winning I do)... I'm actually building a new house and we're including a trading area...

That is awesome!!! Currently I am just growing my trading account. I take out money as I need for bills and such.

Though I wont tell you the size of my account. I will tell you what I made the last two weeks. The last two weeks I have made roughly $22k. I made about $6300 today. Since the rollover has calculated I have made about $1400 (since 530pm I believe haha)


Edit: The biggest trade I have earned on was about $17k from one trade.

PS: yeah I bet its hard getting reimbursed for some of the insurance claims.
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