Wiz Index

Quoting wizlon32

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I love to trade the Dax at or shortly after London Open. There is always a natural increase in trading volume at this time but many times it is still very obvious what is going on. This chart might look a little messy with the lines I have drawn on but if I was trading at this time this is what I would be looking at. L=Low and H=High. I look at both the lows and the highs and I work out where these is generally more interest. Here price is driven down for better prices to buy at. To the untrained eye it looks like there is a lot of selling pressure...

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Quoting mizi123

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{quote} Wiz how long you trade these way with these wining %ge!? Because as i see there is no difference betwen your last thred and these there are to many similar things!?

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Quoting wizlon32

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{quote} I got caught out on Friday and had to close some positions for losses. As I said already I was a bit slow and got stuck with 1 position left open over the weekend which I was really unhappy about. Here is the chart. The There because i was hoping for a sudden spike right before the market closed. {image}

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Quoting CrocodileRex

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{quote} I didnt know that you have a euro position on during the french election. I think scalping doesn't involve fundamentals but now you are in this trade. Well, lets see how it goes.

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Quoting wizlon32

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{quote} I don't normally care too much about fundamentals. I mentioned it of Friday that I was in this position. Doesn't look to be in too much danger at the moment. {image}

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Quoting CrocodileRex

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{quote} Well i am not as experienced as you but i think euro will gap during the weekend and it's dangerous to hold large positions over the weekend. Yea it might work in your favor but what if it doesnt.

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Quoting wizlon32

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{quote} It was a mistake mate. I did not hold the position on purpose. At the moment the gap is up! If it was to gap down I would have to do my best to deal with it even if that meant taking a loss.

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Quoting CrocodileRex

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{quote} As a fellow scalper who held large positions overnight and didnt work for many years, i advise you to rethink if you want to hold positions overnight, especially over the weekend, especially over a big red fundamental event. But well, who am i to judge, not a successful scalper myself. Just my own opinion. But it's too late now to edit your positions. You will know in a few hours. Good luck.

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Quoting wizlon32

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{quote} Roger out

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Quoting CrocodileRex

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{quote} god, 5 lot. Any 100 pip move and you are gone $5k. I think eur/gbp costs more than that. How could you keep your sane over the weekend? This election thing is not to be taken lightly. Do you acquire the idea that you don't care much about the money or you really have so much confidence in yourself. Even the most arrogant trader here hillmy don't hold over weekend. I really hope you get pass this peacefully.

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Quoting wizlon32

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{quote} OK serious question. What don't you understand about me saying it was a mistake? I had several open positions which I tried to close before the market closed on Friday. I was successful in getting most of them closed but I got stuck with one. I did not hold the position on purpose

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Quoting CrocodileRex

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{quote} god, 5 lot. Any 100 pip move and you are gone $5k. I think eur/gbp costs more than that. How could you keep your sane over the weekend? This election thing is not to be taken lightly. Do you acquire the idea that you don't care much about the money or you really have so much confidence in yourself. Even the most arrogant trader here hillmy don't hold over weekend. I really hope you get pass this peacefully.

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Quoting CrocodileRex

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{quote} You got me wrong wizlon. I think there are many self-traders like me who want to see you succeed. After all, there are too few examples like you who survive in the long run. We really want to see you make it. It's an inspiration and a kind of false hope for us. I can think of only 2-3 traders here. Hillmy, 90straders and you. And i honestly think those who made it in the long run don't really make mistakes much. But i'm surprised to see you hold such big positions over the weekend. That is why i said i really wish you good luck from the...

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Quoting okshop

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{quote} Correction, our Mr. hillmy have even a bigger mega lot open during this weekend.

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Quoting CrocodileRex

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{quote} lol i didnt notice that. yea $400 a pip. Well, it seems like most of our star traders here are gamblers for this french election. We'll see how it goes then.

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