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[Lord Flasheart]

moving stop to 76.65. Its now a 25 pip stop, but wanted to make sure fib line is covered so have done so. About 30 % of the time I move my stop as I often start with less than 20 pips,which for most pairs is risky and very tight

 

[Lord Flasheart]

We are also at 50 % of the november high and low so worth adding a few more pips on. It makes the trade poor R/R if I take 1/2 off for less than around 25 pips,so I will aim for that if I get the chance

 

[sj8070]

Ah got massively distracted this afternoon.

Trade off +4 (equates to +20 in stake level terms)

 

[Lord Flasheart]

darts was good, have set to take 1/2 off at +15, been a long trade

 

[Lord Flasheart]

however this looks better short cad/jpy at 76.40 sl 76.55

stopped for - 25 re entered short at 76 57

 

[Lord Flasheart]

short at 76.57 stop at 76.77

 

[Lord Flasheart]

re shorted for same reasons. The fib line is still in play so worth another few pips

 

[Lord Flasheart]

Guys,
Ive been looking at the gold chart lately and wanted to know why the spread is attached to the offer price and not above the price as with most forex spreads.
How do you guys get on with gold,anyone trade it?,think wacky does

 

[Badger1]

Hi Flash....nice thread by the way, I dont trade Gold myself, but if you want to test any theories, ETX Capital let you play with Gold for min 10p a tic...

The spread is 4 tics....reasonable charts, price shown on the chart...mid spread.

I'm not affiliated by the way.....just a suggestion.

 

[Lord Flasheart]

Hi Flash....nice thread by the way, I dont trade Gold myself, but if you want to test any theories, ETX Capital let you play with Gold for min 10p a tic...

The spread is 4 tics....reasonable charts, price shown on the chart...mid spread.

I'm not affiliated by the way.....just a suggestion.

thanks my spread is 5 pips. I was more curious as to why the spread is not attached above the ask price as it is in forex. Welcome to the site and good luck

 

[Lord Flasheart]

cad trade pulled back to fib line, my plan for extra pin money for xmas isnt working as planned yet. Just means the peasants on the estate wont eat

 

[wackypete2]

Guys,
Ive been looking at the gold chart lately and wanted to know why the spread is attached to the offer price and not above the price as with most forex spreads.
How do you guys get on with gold,anyone trade it?,think wacky does

Not anymore. Margins for spot gold and gold futures here in the US are too high. 1 standard gold futures contract on CME (product code GC) requires $11,475 margin. Spot is no better. Some US forex brokers stopped offering gold and silver.

Peter

 

[be-positive]

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[Lord Flasheart]

really like cad/chf for a short,dont like 7 pip spread ive got at moment. pull back to line and area of resistance

 

[Lord Flasheart]

short cad/chf at .9186 sl .9210

really like this so taken it,i now have lots riding on these two correlated trades

risky with low volatility, but must trade what i like

 

[Lord Flasheart]

ouch,thought things were going my way a little then

 

[Lord Flasheart]

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wheres ebenizer flasheart gone

 

[Lord Flasheart]

somethings amiss,ive got a spread between 7 and 10 pips on cad/chf

 

[be-positive]

wheres ebenizer flasheart gone

Taken down on the instructions of mrs Jules --------- did a runner when she then came knocking at door waving a http://lh3.googleusercontent.com/pu...qTVunTsM8GloakRq2HA1ItGRW4iAoFX-7HV1w5SbeyWup got to watch the privates at this time of year

 

[Lord Flasheart]

need a round number bounce now,not a spike up through the resistance