jev
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Dave
I am still sitting out and learning this week...back in action either by the end of week or beg of next week...hope to start my B/day week next week off with a bang!!
J
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I am still sitting out and learning this week...back in action either by the end of week or beg of next week...hope to start my B/day week next week off with a bang!!
J
Sorry J. Only just remembered your post and had to pop out for half hour earlier.
Had I replied when I first read it. I would have said. That although I trade the ftse a lot. I very rarely trade it before 8 am. For one thing the spread is too wide with IG. (After 8 it is back to normal).
Also the overnight Dow and Dax were both coming up from the sell off and were back into what I would class as a buying op back to the mean. (That rubber band thing again). The ftse was still stagnantly oversoldl. So the drop on open (Futures)most def on the follow through. But the Dow/dax were saying to those that looked, it wasn't going into freefall. And everyone thought it would. (Me included last night).
10 screens Dan? That'll give you a sun tan m8. 10 screens? Do you really need 10 screens?
Opened buys on both gold and brent very, very early. (Bloody mosquito's again) because I expected a little pop before they got going. Was Down 3 grand on oil, and 1k on gold at one point. Gold put me plus 1k, but before I could close it it came back to under b/e, oil gave up 6 k and banked that...
...
Not for real though...opened a demo last night from odl, haven't used mt4 for years. Forgot how much fun a demo can be! Do not like the re-quotes and slippage I was getting when trying to close the gold off. And this is on the demo. So very wary about opening a real account with them. Have traded gold on IG before. No problems at all. Actually, thinking about it I can't recall ever being requoted with IG. Mind you on the odl demo I did use max amount! IG don't do brent though, only us light. Think this is a bit smoother to brent. (Now I know why they call it the beast). Spreads are 8 variable. So have to weigh that up against the slippage and requote of odl. (The slippage coming from that annoying little window that just spins around and around while the trade is being processed).
Was going to say I hope ths wasn't real money.
"Opened buys on both gold and brent very, very early. (Bloody mosquito's again) because I expected a little pop before they got going. Was Down 3 grand on oil, and 1k on gold at one point. Gold put me plus 1k, but before I could close it it came back to under b/e, oil gave up 6 k and banked that..."
I've just gone short crude again.
"Opened buys on both gold and brent very, very early. (Bloody mosquito's again) because I expected a little pop before they got going. Was Down 3 grand on oil, and 1k on gold at one point. Gold put me plus 1k, but before I could close it it came back to under b/e, oil gave up 6 k and banked that..."
I've just gone short crude again.
rossobonks
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Jev
Are you new to financial markets?
I have been playing about trading for approx 2 years now. Blown my account twice in that time!! Confidence is a massive part of it I believe which I am still abit shakey about. I have been following Dans strategy on/off since about May this year but I think I have eventually grasped it in the past couple of weeks. Time will tell.
Good luck and happy learning and dont give up has I have nearly done a few times. Just think of Dan etc down in sunny spain when its absolutely chucking it down here Lancashire, these charts might just be worth it one day!
Just banked 64 glorious pips from GOLD short.
Nice.
Dave
Are you new to financial markets?
I have been playing about trading for approx 2 years now. Blown my account twice in that time!! Confidence is a massive part of it I believe which I am still abit shakey about. I have been following Dans strategy on/off since about May this year but I think I have eventually grasped it in the past couple of weeks. Time will tell.
Good luck and happy learning and dont give up has I have nearly done a few times. Just think of Dan etc down in sunny spain when its absolutely chucking it down here Lancashire, these charts might just be worth it one day!
Just banked 64 glorious pips from GOLD short.
Nice.
Dave
Hello all,
Just wanted to say great thread, and enjoy reading the posts. been watching for a about week now. I love your trading style, Dan, and have learnt a lot from your posts. Look forward to hearing lots more.
Options- you can get Brent crude on IG index. I have it on now. Search for "brent" and you'll find it. (the spread's a bit of a turn off though!)
Carl
Just wanted to say great thread, and enjoy reading the posts. been watching for a about week now. I love your trading style, Dan, and have learnt a lot from your posts. Look forward to hearing lots more.
Options- you can get Brent crude on IG index. I have it on now. Search for "brent" and you'll find it. (the spread's a bit of a turn off though!)
Carl
jev
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Hi Dave
I have been trading full time for just over a year now...got lucky early on through no real strategy trading f/x, commods and grains...infact everything that was going up from last Sept thru to March...but now realise in these more volatile days one needs a game plan with entry and exit strategies...I have learnt alot from here..I like Dans strategy of planning, having daily and weekly pips targets...liking the discipline...so we will see how I get on over the coming weeks...I only need to earn enough to cover the huge mortgage, 2 kids in private school, heating of the outdoor pool and the 6 sports cars!!! (last 2 may be when the lottery win arrives...lol)
Jeev
Hi Carl.
Welcome.
Now you have mentioned it, I do recall it being there. Thanks. As you say spread is horrible, but given the slip with odl it still might be the better choice.
rags2riches
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Not bad at all when the daily ATR is about 300 pips.
rossobonks
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Crude back upto the 4HR 20 if it can break through the pivot? Keeps having a good go at it? CCI`s starting to point North
Dave
Dave
Sorry J. Only just remembered your post and had to pop out for half hour earlier.
Had I replied when I first read it. I would have said. That although I trade the ftse a lot. I very rarely trade it before 8 am. For one thing the spread is too wide with IG. (After 8 it is back to normal).
Also the overnight Dow and Dax were both coming up from the sell off and were back into what I would class as a buying op back to the mean. (That rubber band thing again). The ftse was still stagnantly oversoldl. So the drop on open (Futures)most def on the follow through. But the Dow/dax were saying to those that looked, it wasn't going into freefall. And everyone thought it would. (Me included last night).
10 screens Dan? That'll give you a sun tan m8. 10 screens? Do you really need 10 screens?
Opened buys on both gold and brent very, very early. (Bloody mosquito's again) because I expected a little pop before they got going. Was Down 3 grand on oil, and 1k on gold at one point. Gold put me plus 1k, but before I could close it it came back to under b/e, oil gave up 6 k and banked that...
...
IG don't do brent though, only us light. Think this is a bit smoother to brent. (Now I know why they call it the beast). Spreads are 8 variable. So have to weigh that up against the slippage and requote of odl. (The slippage coming from that annoying little window that just spins around and around while the trade is being processed).
Hi all
Apologies for missing today...Nearly setup and will be ready to go from tom. I have to admit not all 10 screens are for me, as i am now trading with a couple of friends. Allows us to see the main markets and watch the correlations with ease...
Yes good idea not trade the FTSE before 8am. Infact prob best to avoid it for the 1st 30mins of the opening, if you dont trade it regularly.
Getting this chat system setup as we speak.
Cheers all
D
danarm
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danarm
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Hi Dan
How come Dan007 and what have you done with Danarm?
Cheers.
Arhhh i logged in with an old account which i never used...Danarm is back...
I always have automatic logins and forgot i had a new account. Good spot!!
D
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