{quote} And again {image}
Pattern on the left was same as on E/J, but not that perfect.BB is shrinking a bit - may not be big moves .
E/J is at 20 SMA daily, possible move up from it ! If action will show slow down..
Billytt Die happy trading e/j daily breakout
- #3,001
- Edited 3:13pm Jul 30, 2015 12:47pm | Edited 3:13pm
- | Commercial User | Joined Mar 2012 | 1,455 Posts
Pattern on the left was same as on E/J, but not that perfect.BB is shrinking a bit - may not be big moves .
E/J is at 20 SMA daily, possible move up from it ! If action will show slow down..
- #3,002
- Jul 30, 2015 6:39pm Jul 30, 2015 6:39pm
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #3,003
- Jul 30, 2015 6:51pm Jul 30, 2015 6:51pm
- Joined Feb 2009 | Status: Trader | 25,867 Posts
Brent trades -good result -done for the day But Cable hourly pivot break = stopped out = loser 15 minute ORB Billy 8am bar break (Edit - E/J) = stopped out = Loser (Could have reversed long but as Claudia cautions, one could end up whipsawed to bits). Overall a reasonable day. Still lots to learn{image}
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #3,004
- Edited Jul 31, 2015 2:26am Jul 30, 2015 6:57pm | Edited Jul 31, 2015 2:26am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
[quote=turnip15;8409529]Hello experienced masters of the universe 
Posted some "what if" trades on the Dax - using my usual TA tool box. Criticism and words of wisdom, honed through countless eons of battle scarred encounters with the market demons of yore,
Hi Turnip, and again I cannot comment. You trade a different style to me. For all I know your way could be a lot better than my way.
One question though could you trade a large lot size and be comfortable with it, I can. I hate to lose money even a couple of pounds, But I have no hesitation to trade ibs , breakout large if I have to. be good , trade well
Posted some "what if" trades on the Dax - using my usual TA tool box. Criticism and words of wisdom, honed through countless eons of battle scarred encounters with the market demons of yore,Hi Turnip, and again I cannot comment. You trade a different style to me. For all I know your way could be a lot better than my way.
One question though could you trade a large lot size and be comfortable with it, I can. I hate to lose money even a couple of pounds, But I have no hesitation to trade ibs , breakout large if I have to. be good , trade well
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #3,005
- Edited 9:23pm Jul 30, 2015 9:10pm | Edited 9:23pm
- | Commercial User | Joined Mar 2012 | 1,455 Posts
[quote=billytt;8410276]
Billy you thinking same like me, even we trade different ways - precision entering trade, not giving away money for big wiggle. If trade go wrong, be able to switch direction and to know how to do it....
Trading large lot for sure you can be happy after 5 pips or less. And can be scary... if (-10)
---------------------------------------------
Good luck everybody, last day off the month, last day of the week ! Candles will be closing. Could be a lot profit taking..
One question though could you trade a large lot size and be comfortable with it, I can. I hate to lose money even a couple of pounds, But I have no hesitation to trade ibs , breakout large if I have to. be good , trade well
Trading large lot for sure you can be happy after 5 pips or less. And can be scary... if (-10)
---------------------------------------------
Good luck everybody, last day off the month, last day of the week ! Candles will be closing. Could be a lot profit taking..
- #3,006
- Jul 31, 2015 2:19am Jul 31, 2015 2:19am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
15 min ORB
lets see e/u and g/u 15 minute candle ORB
lets see e/u and g/u 15 minute candle ORB
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #3,007
- Jul 31, 2015 2:20am Jul 31, 2015 2:20am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
[quote=RabbitWolf;8410406]
I agree 100%, and -10 lol ( -30) is heart stopping
{quote} Billy you thinking same like me, even we trade different ways - precision entering trade, not giving away money for big wiggle. If trade go wrong, be able to switch direction and to know how to do it.... Trading large lot for sure you can be happy after 5 pips or less. And can be scary... if (-10)
I agree 100%, and -10 lol ( -30) is heart stopping
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #3,008
- Jul 31, 2015 3:02am Jul 31, 2015 3:02am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
This weeks weekly candle broke last weeks ib including the mother bar, I would of expected it to of made more than it did.
I would like cable to drop as I am shorting it, I should not be here right now, catch you later..
edit, 5 trade went in , I have a second running but made an error as you do
I would like cable to drop
as I am shorting it, I should not be here right now, catch you later..edit, 5 trade went in , I have a second running but made an error as you do
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #3,009
- Jul 31, 2015 4:16am Jul 31, 2015 4:16am
- Joined Sep 2006 | Status: Trader | 10,704 Posts
every Saint has a past. Every Sinner has a Future
- #3,010
- Edited 4:33am Jul 31, 2015 4:20am | Edited 4:33am
- Joined Sep 2006 | Status: Trader | 10,704 Posts
...Hello experienced masters of the universe
To answer your question.
I do not consider myself to be competent enough to play in the big boys yard. I notice that certain levels of stake on IG ( £10 for example) causes a tightening of ones' chest and a confusion of thinking that increases with anything over a certain staking level. Still learning but progressing happily thus far.
every Saint has a past. Every Sinner has a Future
- #3,012
- Jul 31, 2015 12:26pm Jul 31, 2015 12:26pm
- Joined Sep 2006 | Status: Trader | 10,704 Posts
Apologies for lateness -charts for today.
Much better today all round. Oil on 5 minutes seems to be my thing (when price is not madly spiking about which it does at times)
Posted "trade with the trend dummy" on my Pc. Seems to work
Much better today all round. Oil on 5 minutes seems to be my thing (when price is not madly spiking about which it does at times)
Posted "trade with the trend dummy" on my Pc. Seems to work
every Saint has a past. Every Sinner has a Future
- #3,013
- Jul 31, 2015 12:31pm Jul 31, 2015 12:31pm
- Joined Sep 2006 | Status: Trader | 10,704 Posts
{quote} Alligator day, i forgot about my Gold and U/J and U/C. Now need to get involved in OIL... Will take lessons from Turnip... Mr. Bollinger in respect today too.....
Have good Weekend !
I am just a beginner
every Saint has a past. Every Sinner has a Future
- #3,014
- Edited 1:57pm Jul 31, 2015 1:10pm | Edited 1:57pm
- Joined Sep 2006 | Status: Trader | 10,704 Posts
Ah Yes - my pretend Dax trades for today -all marked up with the divining power of hind sight spectacles
Seriously though -I find marking up the chart instills a sort of heightened awareness as live prices form on the right hand side of the screen.
But while I am trading oil on 5 minute charts, one forex pair on the hourly and one forex pair on the 15 minute time frames, I don't think I will live trade DAX any time soon. But Dax could serve as a substitute on those days that oil is "spikey" and vice versa when the Dax exhibits "spikey" price action.
Cheers
Seriously though -I find marking up the chart instills a sort of heightened awareness as live prices form on the right hand side of the screen.
But while I am trading oil on 5 minute charts, one forex pair on the hourly and one forex pair on the 15 minute time frames, I don't think I will live trade DAX any time soon. But Dax could serve as a substitute on those days that oil is "spikey" and vice versa when the Dax exhibits "spikey" price action.
Cheers
every Saint has a past. Every Sinner has a Future
- #3,015
- Jul 31, 2015 3:09pm Jul 31, 2015 3:09pm
- | Joined May 2011 | Status: It's a GREAT life | 495 Posts
These are trades I took - all on the 15min chart based on 8am NY Open. I have trouble getting up at 3:15am to do the UK open but I will get there.
The trades were all successful but were sloppy. I only put a TP on one of them - the GBP-USD for 5 pips. The others I forgot as I was in a hurry to go
out with the wife. Got back - they were good so I closed them. Got lucky 
The trades were all successful but were sloppy. I only put a TP on one of them - the GBP-USD for 5 pips. The others I forgot as I was in a hurry to go
out with the wife. Got back - they were good so I closed them. Got lucky
- #3,016
- Jul 31, 2015 3:28pm Jul 31, 2015 3:28pm
- Joined Sep 2006 | Status: Trader | 10,704 Posts
every Saint has a past. Every Sinner has a Future
- #3,017
- Jul 31, 2015 3:29pm Jul 31, 2015 3:29pm
- Joined Sep 2006 | Status: Trader | 10,704 Posts
every Saint has a past. Every Sinner has a Future
- #3,018
- Jul 31, 2015 3:30pm Jul 31, 2015 3:30pm
- Joined Sep 2006 | Status: Trader | 10,704 Posts
every Saint has a past. Every Sinner has a Future
- #3,020
- Aug 1, 2015 12:35pm Aug 1, 2015 12:35pm
- Joined Sep 2006 | Status: Trader | 10,704 Posts
{quote} http://news.investors.com/073115-764...2-earnings.htm Do not know nothing about... but nice number.... close to 20000.... maybe Claudia will make some comments..
Please note that I am not trading this approach. My curiosity has been piqued by the IG list of active shares (movers), so I am doing a little research into the approach shown ( Notice the Big Round Numbers and price action around them).
My "real" trading is carried out per my earlier posts.
On with my research...
every Saint has a past. Every Sinner has a Future