Gordon Gekko's real-time Forex trading calls | Page 16 | Forex Factory

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Gordon Gekko's real-time Forex trading calls

  • #301
  • Mar 25, 2015 9:13am Mar 25, 2015 9:13am
Short GBP/NZD at 1.9460, 30 pip stop.
Each losing trade is an opportunity to learn
  • #302
  • Mar 25, 2015 9:39am Mar 25, 2015 9:39am
EUR/NZD is about to reverse the trend of the day. Easy boy, easy...
Each losing trade is an opportunity to learn
  • #303
  • Edited 10:14am Mar 25, 2015 9:58am | Edited 10:14am
Yep, I knew something was wrong, stopped out.
Each losing trade is an opportunity to learn
  • #304
  • Mar 25, 2015 10:02am Mar 25, 2015 10:02am
Quoting EarnPipsNow
EUR/NZD is about to reverse the trend of the day
And reverse it did.
Each losing trade is an opportunity to learn
  • #305
  • Mar 25, 2015 11:06am Mar 25, 2015 11:06am
Long GBP/CAD at 1.8640 (limit order), 39 pip stop.
Each losing trade is an opportunity to learn
  • #306
  • Mar 25, 2015 11:23am Mar 25, 2015 11:23am
Quoting goldfinger
sl gc1.4234
Not sure I understand your post, Goldfinger. Are you reducing your stop on a still-not-live-yet position?
Each losing trade is an opportunity to learn
  • #307
  • Mar 25, 2015 11:52am Mar 25, 2015 11:52am
could you plz explain a little bit your pending long order on GBPCAD?
To me it's still in an down trend...
  • #308
  • Mar 25, 2015 12:29pm Mar 25, 2015 12:29pm
long au sl 30 tp 90
  • #309
  • Mar 25, 2015 12:30pm Mar 25, 2015 12:30pm
Quoting EarnPipsNow
{quote} Not sure I understand your post, Goldfinger. Are you reducing your stop on a still-not-live-yet position?
I had my position remember my tp was long way . it hit my stop then went up. i did lock a few pips.
  • #310
  • Mar 25, 2015 12:43pm Mar 25, 2015 12:43pm
closed au tint pips. limit buy 77.76 sl 25 tp100
  • #311
  • Mar 25, 2015 1:25pm Mar 25, 2015 1:25pm
Quoting EarnPipsNow
Long GBP/CAD at 1.8640 (limit order), 39 pip stop.
Out at 1.8620 (20 pip loss). System is out of sync with the market, at least for now.
Each losing trade is an opportunity to learn
  • #312
  • Edited 1:45pm Mar 25, 2015 1:35pm | Edited 1:45pm
Quoting Hoffi4201
could you plz explain a little bit your pending long order on GBPCAD? To me it's still in an down trend...
Do you see a downtrend here, Hoffi4201 (GBP/CAD - 5min)? I day-trade the Forex, so what looks a downtrend on a higher time frame could represent an uptrend on a smaller time frame, and vice versa.

In fact there are no downtrends or uptrends, only time frames.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp_cad5min.jpg Size: 140 KB
Each losing trade is an opportunity to learn
  • #313
  • Mar 25, 2015 1:56pm Mar 25, 2015 1:56pm
You are absolutly right about the timeframes and trends. But for my trading style it would have been too risky to go long on the M5 while the other timesframes seem to head downwards:

Attached Image (click to enlarge)
Click to Enlarge Name: gbpcad.jpg Size: 317 KB


I just was curious about your entry. Sorry, didn't want to offend you or something like that.
  • #314
  • Edited 2:25pm Mar 25, 2015 2:09pm | Edited 2:25pm
Quoting Hoffi4201
But for my trading style it would have been too risky to go long on the M5 while the other timesframes seem to head downwards
Yes I understand (and totally agree with) what you are saying, Hoffi4201. But how do we define a trend exactly that's the problem. Sure we can draw trendlines here and there, but do they really represent the "real" trend or are we just fooling ourselves?

One thing is for sure however, I cannot use the daily bars or even the 4h bars to day-trade the Forex, for forecasting purposes they are virtually worthless.

Quoting Hoffi4201
Sorry, didn't want to offend you or something like that.
Not at all Hoffi4201, you are more than welcome to ask any question you wish. I have a happy nature and it usually takes a lot to upset me, even though a 700 pip loss would do the trick
Each losing trade is an opportunity to learn
  • #315
  • Mar 25, 2015 2:18pm Mar 25, 2015 2:18pm
glad to hear that
The most important thing is to be profitable at the end of the day !
  • #316
  • Mar 25, 2015 2:22pm Mar 25, 2015 2:22pm
Quoting Hoffi4201
The most important thing is to be profitable at the end of the day !
The end of the month is even better...
Each losing trade is an opportunity to learn
  • #317
  • Mar 25, 2015 6:30pm Mar 25, 2015 6:30pm
Quoting Hoffi4201
glad to hear that The most important thing is to be profitable at the end of the day !
By the way Hoffi4201, care to share a few live Forex calls with us, if you have a minute?
Thanks in advance.
Each losing trade is an opportunity to learn
  • #318
  • Mar 26, 2015 3:17am Mar 26, 2015 3:17am
sure, entered a short trade AUDCAD at 0.97754 - SL 10 pips TP 30 pips
  • #319
  • Mar 26, 2015 3:31am Mar 26, 2015 3:31am
SL hit, waiting for reentry
  • #320
  • Mar 26, 2015 4:06am Mar 26, 2015 4:06am
reentry AUDCAD 0.97790 SL 12 pips TP 33 pips
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