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Davit's Confluence Trading

  • #1,941
  • May 5, 2015 10:55am May 5, 2015 10:55am
Closed 3 shorts on UJ at 2010
Orders were placed on UJ thread.I could of let it run lower but thought it was ranging....Well something is better then nothing
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In trading, you have to be defensive and aggressive at the same time
  • #1,942
  • May 5, 2015 11:32am May 5, 2015 11:32am
Started May real good 13-0 5% gain of equity.
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In trading, you have to be defensive and aggressive at the same time
  • #1,943
  • May 5, 2015 12:41pm May 5, 2015 12:41pm
Quoting Davit
Started May real good 13-0 5% gain of equity. {image}
Nice. Good job dude.
  • #1,944
  • May 5, 2015 10:14pm May 5, 2015 10:14pm
way to go .
check ur pm

Quoting Davit
Started May real good 13-0 5% gain of equity. {image}
  • #1,945
  • May 6, 2015 12:01am May 6, 2015 12:01am
Quoting ssaqeel
way to go . check ur pm {quote}
Thanks ssaqeel
Appreciated

Quoting FxLapozi
{quote} Nice. Good job dude.
Thank you.Lets see if I can continue my streak.Biggest thing is never put your guard down.
Regards
In trading, you have to be defensive and aggressive at the same time
  • #1,946
  • May 6, 2015 12:05am May 6, 2015 12:05am
I was thinking in my head what would Yellen say...this morning 5/6
Cheap oil=better economy,more disposable income.To achieve this USD must remain relatively strong since weak dollar equals higher oil prices (Oil is trading on USD) So I anticipate Feds saying poor recent numbers were result of winter etc.but not backtracking on IR hike.
Love to see strong dollar again to hummer my shorts on inflated prices.Lets see if Canadian dollar can break 22 tomorrow.
In trading, you have to be defensive and aggressive at the same time
  • #1,947
  • May 6, 2015 1:04am May 6, 2015 1:04am
Quoting Davit
I was thinking in my head what would Yellen say...this morning 5/6 Cheap oil=better economy,more disposable income.To achieve this USD must remain relatively strong since weak dollar equals higher oil prices (Oil is trading on USD) So I anticipate Feds saying poor recent numbers were result of winter etc.but not backtracking on IR hike. Love to see strong dollar again to hummer my shorts on inflated prices.Lets see if Canadian dollar can break 22 tomorrow.
U/C is bound to rise up to 22 but I am planting shorts at 2250. I see further south movement.
  • #1,948
  • May 6, 2015 8:11am May 6, 2015 8:11am
Quoting FxLapozi
{quote} U/C is bound to rise up to 22 but I am planting shorts at 2250. I see further south movement.
Lets see if old gal Yellen can infuse some life on USD
due to speak in 4min so far selling has been aggresive
In trading, you have to be defensive and aggressive at the same time
  • #1,949
  • May 6, 2015 9:43am May 6, 2015 9:43am
Quoting Davit
{quote} Lets see if old gal Yellen can infuse some life on USD due to speak in 4min so far selling has been aggresive
Seems like it 2000 din hold. More South movements?
  • #1,950
  • May 6, 2015 11:26pm May 6, 2015 11:26pm
Quoting FxLapozi
{quote} Seems like it 2000 din hold. More South movements?
Hi Lapozi
I just started building my shorts on UC again.
2x2042 will add more should price go up

If you look at my 4h chart you'll see price in a range since April 15th
on my BB system price bounces off BB 20MA (middle) or breaks up.To me USD is in downtrend and I am selling the rallies.My reasoning is particularly mine and I don't expect others to agree or follow me.
Regards
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In trading, you have to be defensive and aggressive at the same time
  • #1,951
  • May 6, 2015 11:34pm May 6, 2015 11:34pm
same chart on daily shows higher bounce area 2158 zone and that's where I have my most hitting limits waiting
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In trading, you have to be defensive and aggressive at the same time
  • #1,952
  • Edited May 7, 2015 1:53am May 6, 2015 11:58pm | Edited May 7, 2015 1:53am
UC short 2042 2041 2040 2054
4 positions
In trading, you have to be defensive and aggressive at the same time
  • #1,953
  • May 7, 2015 4:06am May 7, 2015 4:06am
Quoting Davit
{quote} Hi Lapozi I just started building my shorts on UC again. 2x2042 will add more should price go up If you look at my 4h chart you'll see price in a range since April 15th on my BB system price bounces off BB 20MA (middle) or breaks up.To me USD is in downtrend and I am selling the rallies.My reasoning is particularly mine and I don't expect others to agree or follow me. Regards {image}
I agreed. The North movement seems like retracement to gather more power for south movement. I see price rejection there at 2080. Opened 2 shorts there.
2 more at 2120
1 more at 2130
  • #1,954
  • May 7, 2015 11:38am May 7, 2015 11:38am
Quoting FxLapozi
{quote} I agreed. The North movement seems like retracement to gather more power for south movement. I see price rejection there at 2080. Opened 2 shorts there. 2 more at 2120 1 more at 2130
Hi Lapozi
Just manage your order sizes small enough that it takes the stress out of trading.Even when you positions get overrun in short term does not cause panic.
I trade small and found it fits my trading style well.If you can hit 7-10% a month in 5years you will be successful in full meaning of the word.They are many 1000% earners at FF but once you see their account sizes and % gain by 30pips loss or gain then it becomes obvious they are over trading to extreme and this does not happen in real world of trading.
7-10% on real account is plenty and for that one never needs to overtrade.

Regards

Added 1 more short at 2143
In trading, you have to be defensive and aggressive at the same time
  • #1,955
  • May 7, 2015 1:33pm May 7, 2015 1:33pm
Price hit 2158 to a T then retracing
See post 1951
In trading, you have to be defensive and aggressive at the same time
  • #1,956
  • May 8, 2015 3:20am May 8, 2015 3:20am
Quoting Davit
Price hit 2158 to a T then retracing See post 1951
Hi Davit

Still short UC, even through NFP?
  • #1,957
  • May 8, 2015 10:45am May 8, 2015 10:45am
Quoting duderoo1
{quote} Hi Davit Still short UC, even through NFP?
Yes everything open.
In trading, you have to be defensive and aggressive at the same time
  • #1,958
  • May 8, 2015 11:31am May 8, 2015 11:31am
Trade I missed EA
Watching it go higher in my sell zone
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In trading, you have to be defensive and aggressive at the same time
  • #1,959
  • May 8, 2015 11:56am May 8, 2015 11:56am
Quoting Davit
Trade I missed EA Watching it go higher in my sell zone {image}
Mine still open too. opened 10 positions. 7 in Profits now. 3 at bottom.

What's ur TP davit? I am looking at 1.1990-95.

They are bound to retest 1.2000.
  • #1,960
  • May 8, 2015 11:57am May 8, 2015 11:57am
Quoting FxLapozi
{quote} U/C is bound to rise up to 22 but I am planting shorts at 2250. I see further south movement.
Few posts back when I said U/C bound to test 2200. Didnt happen but close enough, High at 2163.
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