"Define the risk OUT of your trade"--Mark Douglas
- #8,002
- Dec 30, 2016 9:58pm Dec 30, 2016 9:58pm
- Joined Sep 2014 | Status: No permanent address | 673 Posts
PhilippineFX , sorry , should have known that.
The Canadian dollar certainly has become one dimensional over the years. Overlay a Cad dollar chart on a Crude chart and they mirror perfectly.....ask people in Alberta how that is working for them at the moment. The smart money in Europe is chasing renewable energy....Canada is not. Norway[another petro country] is banning the sale of internal combustion vehicles in 10 years while F350 grocery getters are the norm in so many Canadian cities......
I love my Native country[Canada] but there needs to be a new focus.
None of this has anything to do with short term scalping. Its good that you are focusing on one vehicle in your trading. Best of luck in the coming new year....
- #8,003
- Edited 3:34am Dec 31, 2016 3:14am | Edited 3:34am
XAU +15 Waiting ages for TP, but I am happy now to end last trading day of the year in +. Guys, wish you all the best in the new year 2017, set a new targets which you want to reach. Purposely I wrote targets, no resolutions because they have short durability, you know it, 1st of January every fitness center is full of fat girls.{image}
- #8,006
- Jan 2, 2017 2:59am Jan 2, 2017 2:59am
- Joined Jul 2013 | Status: Trader | 2,603 Posts
Anyone catch some of the 100 odd pip move on the dax just now??? After the lethargic holiday action this took me by surprise......= deer in headlights {image}
Per aspera ad astra
- #8,009
- Jan 2, 2017 3:51am Jan 2, 2017 3:51am
- Joined Jul 2013 | Status: Trader | 2,603 Posts
{quote} You may be right....there it goes again...
Per aspera ad astra
- #8,013
- Jan 3, 2017 1:09am Jan 3, 2017 1:09am
- Joined Sep 2014 | Status: No permanent address | 673 Posts
Agreed.....resistance on the daily at 10620ish from what I can see....would prefer to see it break south and trade on the way down.....still its nice to see the old girl wake up after the holidays.....
Hi guys,
First day trading of 2017 for me.
And finalky Dax is starting to move as we like.
Here the trades:
1) Is an in trend trade, price out of the channel after a pull back on Ema 20 and 50. Stoch Rsi and CCI according with our short. Tp out of the Band. +20Pips
2) i was out of pc and i don't surf two nice opportunities, then when i was back, price went down from Day Start line, and out from the band. Pierced the 20 and 50 emas in according with Stoch and CCI pointing South, price out of the channel. I went out when price went back @ previous low. +24Pips.
3) Triple bottom with divergence on Stoch e CCI. Hoping in 11.580 but was late and price starting to moving up and down, so i closed my trade. +10pips.
Bye bye,
Have a nice time
First day trading of 2017 for me.
And finalky Dax is starting to move as we like.
Here the trades:
1) Is an in trend trade, price out of the channel after a pull back on Ema 20 and 50. Stoch Rsi and CCI according with our short. Tp out of the Band. +20Pips
2) i was out of pc and i don't surf two nice opportunities, then when i was back, price went down from Day Start line, and out from the band. Pierced the 20 and 50 emas in according with Stoch and CCI pointing South, price out of the channel. I went out when price went back @ previous low. +24Pips.
3) Triple bottom with divergence on Stoch e CCI. Hoping in 11.580 but was late and price starting to moving up and down, so i closed my trade. +10pips.
Bye bye,
Have a nice time
