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Walk the Talk from a fun loving discretionary trader 46 replies

You talk the talk I walk the talk 8 replies

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Cesarnc's market talk, gossips, rumours & fun

  • #46,301
  • May 8, 2015 8:17am May 8, 2015 8:17am
Quoting pilottrader
{quote} Haha relax my friend. I closed some of my EUR/USD position to short extra NZD/USD. The rest of the short is still open. I hate having too many lots open at one time. It's working well, obviously I wish I kept all of my EUR/USD short open. I would have been making more profit like you. How's your trades going??? Love the NZD short now.
....Closed all with the spike to 1180, only left one short from upstairs open......at +1 of course, lol....

Attached Image (click to enlarge)
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The Chonchy
  • #46,302
  • May 8, 2015 9:37am May 8, 2015 9:37am
Quoting chonchy
{quote} ....Closed all with the spike to 1180, only left one short from upstairs open......at +1 of course, lol.... {image}
1.1180 seems to be the level. It's almost there again. I may dump a little here, in case it moves up again.
Mark
  • #46,303
  • May 11, 2015 10:46am May 11, 2015 10:46am
NZD/USD...Finally, took awhile but the short is finally making its move.
Mark
  • #46,304
  • May 12, 2015 7:03pm May 12, 2015 7:03pm
Quoting pilottrader
NZD/USD...Finally, took awhile but the short is finally making its move.
....Sounds good, I'm letting it run for a bit.....

Attached Image (click to enlarge)
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The Chonchy
  • #46,305
  • May 12, 2015 7:18pm May 12, 2015 7:18pm
Quoting chonchy
{quote} ....Sounds good, I'm letting it run for a bit..... {image}
Short from 1.1360? I'm jealous!
Mark
  • #46,306
  • May 13, 2015 1:23am May 13, 2015 1:23am
Quoting pilottrader
{quote} Short from 1.1360? I'm jealous!
The Chonchy
  • #46,307
  • May 13, 2015 10:46am May 13, 2015 10:46am
......Went long last night and got stopped out on the short......Oh well, you can't win them all can you....I wasn't sure about the longs, otherwise I would have closed the short but I cover myself because I wasn't sure.....lock at +1 now, let it run to 50% fibo, lol.......or 38% at least.... Nah 1485 is the target....

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The Chonchy
  • #46,308
  • May 13, 2015 11:19am May 13, 2015 11:19am
....Now lets go down with the pin bar....

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The Chonchy
  • #46,309
  • May 13, 2015 11:30am May 13, 2015 11:30am
.....It will bounce maybe at the magenta line, but it may go to the 38% fibo also later, now it should bounce here at the green ema 30....

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The Chonchy
  • #46,310
  • May 13, 2015 4:37pm May 13, 2015 4:37pm
Quoting chonchy
.....It will bounce maybe at the magenta line, but it may go to the 38% fibo also later, now it should bounce here at the green ema 30.... {image}
I'm getting clobbered by this pair right now. 38 fib is definitely in play, although 1.1390 needs to be convincingly taken out first.
Mark
  • #46,311
  • May 14, 2015 2:11am May 14, 2015 2:11am
Quoting pilottrader
{quote} I'm getting clobbered by this pair right now. 38 fib is definitely in play, although 1.1390 needs to be convincingly taken out first.
I think 1390 is taken out....

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The Chonchy
  • #46,312
  • May 14, 2015 2:20am May 14, 2015 2:20am
Quoting pilottrader
{quote} I'm getting clobbered by this pair right now. 38 fib is definitely in play, although 1.1390 needs to be convincingly taken out first.
And remember the magenta line 1485 before the fibo 38%.....

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The Chonchy
  • #46,313
  • May 14, 2015 4:50pm May 14, 2015 4:50pm
....Pick up all profits close to 1450 and going short now at the closing...good luck to all....

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The Chonchy
  • #46,314
  • May 14, 2015 6:02pm May 14, 2015 6:02pm
Quoting chonchy
....Pick up all profits close to 1450 and going short now at the closing...good luck to all.... {image}
...Lock in profits, plus 1 now, nothing to fear.....

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The Chonchy
  • #46,315
  • May 14, 2015 6:37pm May 14, 2015 6:37pm
Quoting chonchy
{quote} ...Lock in profits, plus 1 now, nothing to fear..... {image}
Chonchy, u always lock ur trade when "how many pips profit" u are in? Thank you.
  • #46,316
  • May 14, 2015 9:55pm May 14, 2015 9:55pm
Quoting Contrax
{quote} Chonchy, u always lock ur trade when "how many pips profit" u are in? Thank you.
....As soon as possible, or 10 pips over, or 5M chart is telling me that is oversold or overbought and is going to turn, is best to be outside waiting to get in than in praying to get out......if stopped out, rinse and repeat, like my good friend fxhermit used to say.....

.....for example I was stop and got in again now....now waiting to lock it at plus 1.....ASAP...is too shoppy now, when is a break out at Frankfurt or London then is another story, you can wait a bit longer so you don't get stopped out, but now is no direction yet so is up and down, just good to get a few pips, like picking sardines for later use in a bigger fish, at Frankfurt or London....I trade all night long Contrax....

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The Chonchy
  • #46,317
  • May 14, 2015 10:54pm May 14, 2015 10:54pm
Quoting chonchy
....Now lets go down with the pin bar.... {image}
Man, you the flip master
Come with me if you want to live....
  • #46,318
  • May 15, 2015 1:20am May 15, 2015 1:20am
Quoting chonchy
{quote} ....As soon as possible, or 10 pips over, or 5M chart is telling me that is oversold or overbought and is going to turn, is best to be outside waiting to get in than in praying to get out......if stopped out, rinse and repeat, like my good friend fxhermit used to say..... .....for example I was stop and got in again now....now waiting to lock it at plus 1.....ASAP...is too shoppy now, when is a break out at Frankfurt or London then is another story, you can wait a bit longer so you don't get stopped out, but now is no direction yet so is...
You use the RSI for see the overbought or oversold zones?
  • #46,319
  • May 15, 2015 1:07pm May 15, 2015 1:07pm
Quoting Ill-b-back
{quote} Man, you the flip master
.....Flipping is the name of the game Sir. Ill-b-back.....now long, lol....no buy and hold anymore....

Attached Image (click to enlarge)
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The Chonchy
  • #46,320
  • May 15, 2015 1:10pm May 15, 2015 1:10pm
Quoting Contrax
{quote} You use the RSI for see the overbought or oversold zones?
...Yes Contrax, as soon as I see the RSI over the discontinued lines I start thinking an exit strategy, all tho some times I let the runners go and take partial profits with a stop at plus1....don't ever let the computer without a stop at plus1, you may come back to a surprise, as the market makers flip the market, like the friend I work for, flip houses.........
The Chonchy
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