Best Thread Live Trading and General Chat Lounge

[D.Gilberto]

getting ready to short NZDUSD

 

[D.Gilberto]

Entry short on AUDUSD: 1.04976
Sl: 1.05411

 

[jungles]

EURUSD
short 2294 (limit)
SL -30
TP tba

GBPAUD
buy 4949 (limit)
SL -31
TP tba
.

 

[D.Gilberto]

If im shorting NZDUSD it`ll be higher up if anything at all. Watching DAX and SP-500 for confluence.

UPDATE: Meant to write NASDAQ (PM session) not Dax. SP-500 follows NASDAQ so just coincides...

 

[jungles]

update:

EURJPY
short 96.99
SL -30
TP +90

EURUSD
short 2289
SL -30
TP +70

GBPAUD
SL -31

EURJPY
short 96.99
SL -30
TP +100ish

EURUSD
short 2294 (limit)
SL -30
TP tba

GBPAUD
buy 4949 (limit)
SL -31
TP tba

 

[D.Gilberto]

Looking to short EURUSD @ 1.23153 if it gets there.

 

[D.Gilberto]

Order Pending

Sell Limit:

Entry: 1.23153
SL: 1.23438
TP:1.22686

 

[D.Gilberto]

USDCAD seeing it hopefully bounce and hold 0.98907 area (ish) to then return up! Hopefully it`ll be a spike fake move of broken support to rebound hard north.

 

[Lord Flasheart]

eur fallen to line in chart
cad trade looking pear shaped
eg looking good

 

[D.Gilberto]

eur fallen to line in chart
cad trade looking pear shaped
eg looking good

Out of interest is there a specific way you draw your Tl`s?

Only reason I ask is because I cant figure it out? I draw them precisely on H1 to the wick and dont pay any attention to any "breaks" unless its a retest with a distance because too many times wicks break the TL and doesn't mean jack (from my perspective!).

Just wondering thats all. Chart shown what I see. Only marginally different.

 

[Lord Flasheart]

Out of interest is there a specific way you draw your Tl`s?

Only reason I ask is because I cant figure it out? I draw them precisely on H1 to the wick and dont pay any attention to any "breaks" unless its a retest with a distance because too many times wicks break the TL and doesn't mean jack (from my perspective!).

Just wondering thats all. Chart shown what I see. Only marginally different.

i wish I could answer that,but its all subjective and I guess the best comes with experience. My eg has worked out perfectly and yet cad not so well. what I will say is that I much prefer pullbacks as most of my charts show. also yet again my long is looking week. 80% of my trades are short,maybe lines work better that way or maybe I am just better with shorts. A stop of 40 pips will normally cover the wick and the stem. Sorry I cant be more precise

 

[be-positive]

Gilberto ------ flashers wife is the expert on when/where to draw the line

 

[ZEN archer]

Experimental trade (based on daily charts):
Sell order S&P 500 @ 1,400.55
Stop @ 1,406.45
Target 1 @ 1,397
Target 2 @ 1,395

If it's not triggered tomorrow, I will cancel it.

Sorry, I forgot to mention this was good for prices after 14:30 - based on real market cash prices, not the bucket shop prices. So this is valid only between 14:30 and 20:15 (not triggered as yet)

PS Just checked one of the bucket shops - the lowest price was 1399.78 at 9:00am (4:00am ET when the market is fast asleep lol) So if I left the order opened before 14:30, they would have already put me in the trade with out of hours spread although the real price never went there (now 16:55)

 

[D.Gilberto]

i wish I could answer that,but its all subjective..

Yeah I get it.

I prefer shorts too (as it stands 73% of my trades are shorts!)

I think personally all I can see is I have a bias toward short positions or see them better? God knows!



Back to that $CAD - seems ok to me for now. No real threat until it reaches 0.98907 area and then it should be clearer as I am wanting it to be bullish of course

 

[Lord Flasheart]

long usd/cad at .9929 sl .9901

-28 x 2
another losing long,it wasnt even a true t/l. Spoil whats been a great run lately

 

[Lord Flasheart]

Gilberto ------ flashers wife is the expert on when/where to draw the line

actually yes,many a time she has said why didnt you put it there etc,etc part of her daily nag at me. Now you know why I have so many misstreses

 

[Lord Flasheart]

will stay with eur/gbp for a while

 

[D.Gilberto]

actually yes,many a time she has said why didnt you put it there etc,etc part of her daily nag at me. Now you know why I have so many misstreses

We are still talking about trading right....

 

[ZEN archer]

Different charting packages = different prices and covering times

One of them miraculously provides prices even when the real market is closed and on daily charts has 6 candles per week (for the market that is open only 5 days a week)

 

[D.Gilberto]

On a side note;

Does anyone know where I can get an EA or script which allows me to automatically close out a specific lot value from an open position at a predefined price, whether that be taking profits or cutting losses. (obviously in MT4)

Sorry for going off topic here but i`ve looked pretty hard all over the place and some are ridiculously complicated. Would be very appreciative if anyone knew and inboxed me!