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Bull City Baby! Buying Opportunities

  • #1,281
  • Dec 18, 2014 8:08am Dec 18, 2014 8:08am
Quoting TessiaFx
{quote} good call on your trend line and it is still in from this morning target moved target 119.4 but will monitor if it looks like it's losing momentum I'll TP
nice. either way XD
  • #1,282
  • Dec 18, 2014 8:08am Dec 18, 2014 8:08am
Quoting srt
{quote} Equities >>>YES (9:30 is NY open) Forex >>>NO (8 AM is NY open)
As I stated....the Forex players have been in already.....we are looking for opening bell to see markets reactions to data.
  • #1,283
  • Dec 18, 2014 8:10am Dec 18, 2014 8:10am
Quoting Rizmeister
{quote} I don't want the dip! I want UP UP UP and away!
lol we all do but would like Sun to be in it with us

Looking a little as though I'm more likely to get the 40 than the 80 it seems to be easing.... but ok with that

Ok people I'm out for now, need to go spend some time with my kid catch you later. Good Luck all
  • #1,284
  • Dec 18, 2014 8:22am Dec 18, 2014 8:22am
Quoting TessiaFx
{quote} I know, believe me I know, and have had to tell myself what I just told you a number of times..... doesn't make it any less frustrating though sorry.....well if it can just hit my target I'll be happy and hit others targets too then I hope it does go to a good level for you to enter....
It's fine, thanks for the calming words.

I have been taking profit at levels, some I missed and what not and that kind of makes me question whether I should have just let it run and moved my SL up.

That gave me itchy fingers to get back in, so far resisted but am waiting for a decent size pull back to get back in. Not really comfortable with these shallow dips and the low market liquidity.
  • #1,285
  • Dec 18, 2014 8:26am Dec 18, 2014 8:26am
Quoting TessiaFx
{quote} lol we all do but would like Sun to be in it with us Looking a little as though I'm more likely to get the 40 than the 80 it seems to be easing.... but ok with that Ok people I'm out for now, need to go spend some time with my kid catch you later. Good Luck all
Enjoy, see you later!
  • #1,286
  • Dec 18, 2014 8:30am Dec 18, 2014 8:30am
My biggest rookie issue is my patience. I was wanting a breakout over night so I put an entry point 118.9. It hit right after I went to bed and down it went. It came back up right before news. I wasn't sure on the move and how much to take so i\I jumped out early then back in and out and in and out (Aahhhh!) It seems everything I'm earning I end up nickel and diming away into losses. Any suggestions guys?
  • #1,287
  • Dec 18, 2014 9:06am Dec 18, 2014 9:06am
Quoting jbtrade13
My biggest rookie issue is my patience. I was wanting a breakout over night so I put an entry point 118.9. It hit right after I went to bed and down it went. It came back up right before news. I wasn't sure on the move and how much to take so i\I jumped out early then back in and out and in and out (Aahhhh!) It seems everything I'm earning I end up nickel and diming away into losses. Any suggestions guys?
The hardest thing I am learning is that sometimes, having positions open/orders set while you're sleeping is not a good idea. I can tell you that if a trade is going against me, and I decide to keep it open through the night, I don't get any sleep. None the less, it keeps going against me and I get stopped out. I am highly considering switching to just day trading. With the nickel and diming, it happens. If you aren't sure of which way it's going to go, just put in a micro lot and then if it goes against you, close out, and go all in. If it goes in the direction you originally thought, then you're good to go, and you can add more. It helps to have some confirmation. You should identify your trend, use your trend tools(I like the fibonaccci retracement) and stick with it. I believe the saying goes, plan your trade and trade your plan.
Good luck and may the odds be ever in your favor!
  • #1,288
  • Dec 18, 2014 9:15am Dec 18, 2014 9:15am
Quoting dbutton1990
{quote} The hardest thing I am learning is that sometimes, having positions open/orders set while you're sleeping is not a good idea. I can tell you that if a trade is going against me, and I decide to keep it open through the night, I don't get any sleep. None the less, it keeps going against me and I get stopped out. I am highly considering switching to just day trading. With the nickel and diming, it happens. If you aren't sure of which way it's going to go, just put in a micro lot and then if it goes against you, close out, and go all in. If...
Dbutton1990,

Thanks for the advice. Agreed, I am learning I don't sleep well when I leave things open also. What are the best chart to trade from for more short term intraday trading? And with the Fib tool, on the swings, which chart is best for relevant levels? Sorry if I sound super new to this, I am
  • #1,289
  • Dec 18, 2014 9:24am Dec 18, 2014 9:24am
Triangle at 5M chart
where to go next?
  • #1,290
  • Dec 18, 2014 9:26am Dec 18, 2014 9:26am
North! UP UP And away most likely! Super bullish right now.
  • #1,291
  • Dec 18, 2014 9:27am Dec 18, 2014 9:27am
Quoting dbutton1990
{quote} The hardest thing I am learning is that sometimes, having positions open/orders set while you're sleeping is not a good idea. I can tell you that if a trade is going against me, and I decide to keep it open through the night, I don't get any sleep. None the less, it keeps going against me and I get stopped out. I am highly considering switching to just day trading. With the nickel and diming, it happens. If you aren't sure of which way it's going to go, just put in a micro lot and then if it goes against you,...


It's true...it's like horror!
  • #1,292
  • Dec 18, 2014 9:30am Dec 18, 2014 9:30am
Quoting dbutton1990
{quote} The hardest thing I am learning is that sometimes, having positions open/orders set while you're sleeping is not a good idea. I can tell you that if a trade is going against me, and I decide to keep it open through the night, I don't get any sleep. None the less, it keeps going against me and I get stopped out. I am highly considering switching to just day trading. With the nickel and diming, it happens. If you aren't sure of which way it's going to go, just put in a micro lot and then if it goes against you, close out, and go all in. If...
Great advice
  • #1,293
  • Dec 18, 2014 9:39am Dec 18, 2014 9:39am
Breaking out to the south here guys. Be cafreful
Good luck and may the odds be ever in your favor!
  • #1,294
  • Dec 18, 2014 9:42am Dec 18, 2014 9:42am
Quoting jbtrade13
{quote} Dbutton1990, Thanks for the advice. Agreed, I am learning I don't sleep well when I leave things open also. What are the best chart to trade from for more short term intraday trading? And with the Fib tool, on the swings, which chart is best for relevant levels? Sorry if I sound super new to this, I am
No worries! For the fibs, I have been using the 1 hour for long term price projection. To monitor PA I like watching the 5 minute chart. Right now, if you look at the 5 min, you will see that we were in consolication, and now we have broken out to the south. This is largely in part to the fact that the D extension on the one hour was fulfilled at 119.11. We are now in a New AB boundary, and the market is on it's way to find the new C. I will monitor both the 5 minute and the 1 hour for the next several hours to see where we will find the next support levels. Once the C has been made, then you can get a good entry point and ride it up to the D extension.
Good luck and may the odds be ever in your favor!
  • #1,295
  • Dec 18, 2014 9:45am Dec 18, 2014 9:45am
Quoting Beli
{quote} It's true...it's like horror!
I have started to learn that if we just close out our positions early, we eliminate the potential of our accounts being blown up. Wait for the move that is going against you to finish, and re-enter
Good luck and may the odds be ever in your favor!
  • #1,296
  • Dec 18, 2014 9:52am Dec 18, 2014 9:52am
Quoting dbutton1990
{quote} I have started to learn that if we just close out our positions early, we eliminate the potential of our accounts being blown up. Wait for the move that is going against you to finish, and re-enter
  • #1,297
  • Dec 18, 2014 10:41am Dec 18, 2014 10:41am
Quoting dbutton1990
{quote} I have started to learn that if we just close out our positions early, we eliminate the potential of our accounts being blown up. Wait for the move that is going against you to finish, and re-enter
Agreed. This 200ema 5m support looks decent. Wonder if we will get a move below.
  • #1,298
  • Dec 18, 2014 10:47am Dec 18, 2014 10:47am
Quoting Sunsilk
{quote} Agreed. This 200ema 5m support looks decent. Wonder if we will get a move below. If not I will buy in as looks good.
Sideways movment. Breakout to north or south possible
Good luck and may the odds be ever in your favor!
  • #1,299
  • Dec 18, 2014 10:50am Dec 18, 2014 10:50am
Quoting dbutton1990
{quote} Sideways movment. Breakout to north or south possible
Hmm looking at Yen Crosses, seems like everything is consolidating -EJ and EU

Probably still a way to go down.

:/
  • #1,300
  • Dec 18, 2014 11:04am Dec 18, 2014 11:04am
Quoting Sunsilk
{quote} Hmm looking at Yen Crosses, seems like everything is consolidating -EJ and EU Probably still a way to go down. :/
5 minute attempting bullish breakout
Good luck and may the odds be ever in your favor!
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