{quote} nice bags GS.I m waiting for GA GJ to turn
. I m in GCAD short
]wat about a dumpling bottom
.... 
- #4,781
- Jun 25, 2015 9:25am Jun 25, 2015 9:25am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
]wat about a dumpling bottom
.... - #4,782
- Jun 25, 2015 9:41am Jun 25, 2015 9:41am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
i get heaps of PMs about MM - here is wat i do
1. make sure i have a R:R b/w 1:1 and 1:2(or better) - currently my default is 1:1.5 - this is assuming i will let the SL@50pips be hit
my set up is SL@50pip PT@50/60/70/90/100pips
2. i keep everything nice and simple - i have tried complicated MM trading methods and they did not work for me - they only help damage my psychological state of mind
3. make sure i am not risking to much - it is a learning journey to find your comfort level
1. make sure i have a R:R b/w 1:1 and 1:2(or better) - currently my default is 1:1.5 - this is assuming i will let the SL@50pips be hit
my set up is SL@50pip PT@50/60/70/90/100pips
2. i keep everything nice and simple - i have tried complicated MM trading methods and they did not work for me - they only help damage my psychological state of mind
3. make sure i am not risking to much - it is a learning journey to find your comfort level
- #4,783
- Jun 25, 2015 9:47am Jun 25, 2015 9:47am
- Joined Jun 2015 | Status: Trader | 1,340 Posts
i get heaps of PMs about MM - here is wat i do 1. make sure i have a R:R b/w 1:1 and 1:2(or better) - currently my default is 1:1.5 - this is assuming i will let the SL@50pips be hit
Your trade order needs to be in the right place at the right time.
- #4,784
- Jun 26, 2015 1:00am Jun 26, 2015 1:00am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
EU H4 update - developed a nice harmonic/accumulation phase/smart-dumb money consolidation/flag call it the way you see it
notice how the 200ema is underpinning PA - the more sideways PA the more this will happen - you can use the 200ema to quickly see if the market is over-bought/sold
notice the Angleator is flat
notice how the 200ema is underpinning PA - the more sideways PA the more this will happen
- you can use the 200ema to quickly see if the market is over-bought/soldnotice the Angleator is flat
- #4,785
- Jun 26, 2015 1:20am Jun 26, 2015 1:20am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
EU H4 update - developed a nice harmonic/accumulation phase/smart-dumb money consolidation/flag call it the way you see it
expecting choppiness today where I normally see when GU & EU going different direction from each other...
Appreciation is the key to wealth and happiness
- #4,786
- Jun 26, 2015 1:21am Jun 26, 2015 1:21am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
nice shot up from H1 pin on EJ
EA is stepping up nicely
I m waiting for a short on GA when PA ready.
A breakout short on H4 GU would be nice
EA is stepping up nicely
I m waiting for a short on GA when PA ready.
A breakout short on H4 GU would be nice
Appreciation is the key to wealth and happiness
- #4,788
- Jun 26, 2015 1:33am Jun 26, 2015 1:33am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
Appreciation is the key to wealth and happiness
- #4,789
- Jun 26, 2015 1:35am Jun 26, 2015 1:35am
- Joined Jun 2015 | Status: Trader | 1,340 Posts
nice shot up from H1 pin on EJ EA is stepping up nicely
I am also watching GN for a short if PA favourable.
I'd like to see GA push a little higher first than sell off
Your trade order needs to be in the right place at the right time.
- #4,790
- Jun 26, 2015 1:44am Jun 26, 2015 1:44am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
{quote} Hi LK, I am also watching GN for a short if PA favourable. I'd like to see GA push a little higher first than sell off
. I see no short around
I m in GCAD long. Let's see how it goes
Appreciation is the key to wealth and happiness
- #4,791
- Jun 26, 2015 1:51am Jun 26, 2015 1:51am
- Joined Jun 2015 | Status: Trader | 1,340 Posts
{quote} You r brave. Good luck with GN handling
Your trade order needs to be in the right place at the right time.
- #4,793
- Jun 26, 2015 2:58am Jun 26, 2015 2:58am
- | Joined Dec 2014 | Status: Trader | 1,026 Posts
I'm again in NU short.
Positive anything is better than negative thinking.- Elbert Hubbard
- #4,795
- Jun 26, 2015 3:14am Jun 26, 2015 3:14am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
hi Likica just wanted to know what made u enter the GCad buy order?? Since it was before London open and there is lot of fake moves around that time.. please do advice. Regards Dennis
OK, price was stepping up ( higher high higher low), and off support (200ma & 50ma and DOL). Shouldn't it be good enough?
.I guess some traders fell off the cliff when FO LO wave came, important thing is what made them get up again....
Appreciation is the key to wealth and happiness
- #4,796
- Jun 26, 2015 3:24am Jun 26, 2015 3:24am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
I'm again in NU short.
too bad I missed EN ride for a long
Appreciation is the key to wealth and happiness
- #4,797
- Jun 26, 2015 3:24am Jun 26, 2015 3:24am
- | Joined Dec 2014 | Status: Trader | 1,026 Posts
{quote} You r brave. Good luck with GN handling
Positive anything is better than negative thinking.- Elbert Hubbard
- #4,800
- Jun 26, 2015 4:57am Jun 26, 2015 4:57am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
Appreciation is the key to wealth and happiness