Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.
wasp
-
Content Count
1046 -
Joined
-
Last visited
Everything posted by wasp
-
A few charts to start pipmonster........... (ignore the volume) EVERY tick and candle tells a story. EVERY minute explains everything and EVERY minute is an opportunity. There is NO randomness in the markets.
-
No problem at all. Also going to post it in the discussion thread so can talk in more detail.
-
Ahh, I see, cheers. I don't really understand fibs!
-
lol! I was actually contemplating trading US Stocks whilst FX ran in the background but don't want to over stress my poor brain!
-
Is it windy? (I'm sorry, just had to ask! (poor British humour!))
-
Still in 2 minds... That earlier event still bugs me! I want the break but I also have a goal this year which I haven't reached as yet. I really should reach it in order for next year to be ideal from day 1 but may just take a week or two of then try and finish up pre December if I can. I think swinging FX is a great idea. Have this discussion with FW a lot and why he wouldn't swing but I do is the 24hr market (no gaps except weekends) so it smooths FX out so nicely that you really can just ride it constantly like you were on a rollercoaster.
-
You're prior chart (before the open) had fib levels on them. What does it look like now? I don't know how to use them at all so was curious to how the YM looks now (with them) after the open.
-
Thats 2 of you here that used to be FX traders (I remembered your spar pic brutus!) How comes you guys swapped over? Volume? or.............?
-
Nice couple of trades there Brutus!
-
How how this move worked with the fibs? I don't use them and not sure even where/how to put them on a chart!
-
That'll do... considering I was going to take a break mid week, must say I am quite glad I worked out the week after all!!!
-
stops in at 196.46 to lock in +450 now US is open and its been an interesting couple of days so far! +1000 pips in one day... Now that don't happen too often!
-
YM trailed to 11535 and out for +300 That'll do.... Indices are a bit dull!
-
Okay, so I am a big wuss. I want to concentrate on FX so bringing my stops up tight. YM @ 11435 NQ @ 1775 > edit : closed for +50 DAX @ 6240 > edit : Closed it for +100 FTSE @ 5303 > edit : closed it for +100
-
Its just stepped nicely between S and R and in tune with the trend. Its the fast reversals that can be a bitch! See futures are doing it well today too...
-
Thanks, I have actually been in from 191.96 (usual S/R and trend break style) but just managing and following price along route. I gave up on live calls last week as it was messing with my head. One of the things I love about trading these days is it is so transparent its brilliant (and good for the ego! :rofl:) to see every step and understand what is going on. The 'breakout' and the higher highs, and the trend... its just great how it all makes sense...
-
Just making a point!:did I say that?:
-
Can the 195.25 region break R and become S?
-
They say patience is a virtue!
-
I am a full bloodied male and shag like a rabbit BUT, this is business and a billion dollar one at that. If you want to talk porn, go to chan websites and the like, but for me, a trading website should be predominately that, about trading. Where are the trading discussions on that forum?
-
Not exactly the monumental move I was hoping for as we broke the highs!
-
I see T2W has hit a new low. Must say I am in agreement with the hedgehog... When a trading forums 90% of posts in one day is about porn and nude saunas, you have to wonder how they justify having trading in the website title?
-
so close.....................
-
One thing I have never really worked out by using these levels is how you get the best entries? With S/R and TL's I cn get in so tight I can have a stop so minimal it would even please Socrates but to anyone who pays more attention to these (Hrh and LrH etc), hwo do you get in at the best places? The circled areas are the turning points but waiting for A HrH etc would mean a huge chunk missed.
-
Like a cover of a led zeppelin album!* It is amazing how S and R really can show so much. Just chuck in a trendline to filter out the rejections en route. I am finding it hard to find a market this sort of action doesn't happen on either (FX especially) (*many steps and columns - thanks Wayne and Garth!)
