N Rothschild
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to be fair i dont actually know ur set up lol
Ah, the wonders of s/r pivots. That call is so far up 240+ pips...the money that is there for the taking is ridiculous...
I KNOW THIS IS NOT THE CORRECT ATTITUDE but I hope you guys realise that you could crack even the only half decent looking setups and still come out way ahead of others in the game. As long as you are taking at least 2:1 on your R:R you will make money - even if you are right as little as 40% of the time.
So, if you are taking 2:1 or higher and being picky with your trades which will push your hit rate up to the 80-90% level then there is no excuse not to be absolutely cleaning up.
I didn't make any money today because I was out the office all day but when I look at the Dax and Crude (3 setups today offering 425 ticks (at the extremes) for 143 ticks risk) I am gobsmacked that people are even writing about sh*t systems that are for sale.
Yes, the above paragraph is all hindsight - could have, would have, should have - but is is true nonetheless?
I didn't cherry pick a thing.
You guys know the setups. Get on it.![]()
Cable hourly looks like a nice 'setup'
Cable hourly looks like a nice 'setup'
That looks a bit turd to me.
GBPJPY too if it breaks this hourly ascending trendline.
And if cable and USDJPY finally decide to move the same direction
That looks a bit turd to me.
Hi Nic,
I'm not mad for gbpyen. Dly hammer poss trapped under main MAs, 2 Fib levels and acsending TL from daily trend. Wkly and monthly are still in a downtrend imo.
Still, for the more risk adverse it could be one to take - I'm sitting it out as I'm not that convinced that usdyen looks that bullish yet. I will wait for the 1-2-3 and get in on any re-test should it pan out as such!
Good trading
Ah, the wonders of s/r pivots. That call is so far up 240+ pips...the money that is there for the taking is ridiculous...
I KNOW THIS IS NOT THE CORRECT ATTITUDE but I hope you guys realise that you could crack even the only half decent looking setups and still come out way ahead of others in the game. As long as you are taking at least 2:1 on your R:R you will make money - even if you are right as little as 40% of the time.
So, if you are taking 2:1 or higher and being picky with your trades which will push your hit rate up to the 80-90% level then there is no excuse not to be absolutely cleaning up.
I didn't make any money today because I was out the office all day but when I look at the Dax and Crude (3 setups today offering 425 ticks (at the extremes) for 143 ticks risk) I am gobsmacked that people are even writing about sh*t systems that are for sale.
Yes, the above paragraph is all hindsight - could have, would have, should have - but is is true nonetheless?
I didn't cherry pick a thing.
You guys know the setups. Get on it.![]()
Gold has a huge spike down. I've been looking to go long since last week. But this kind of spike is usually followed by more selling.. better wait and see if it breaks the high of the bar. Any thoughts?
Ah, the wonders of s/r pivots. That call is so far up 240+ pips...the money that is there for the taking is ridiculous...
I KNOW THIS IS NOT THE CORRECT ATTITUDE but I hope you guys realise that you could crack even the only half decent looking setups and still come out way ahead of others in the game. As long as you are taking at least 2:1 on your R:R you will make money - even if you are right as little as 40% of the time.
So, if you are taking 2:1 or higher and being picky with your trades which will push your hit rate up to the 80-90% level then there is no excuse not to be absolutely cleaning up.
I didn't make any money today because I was out the office all day but when I look at the Dax and Crude (3 setups today offering 425 ticks (at the extremes) for 143 ticks risk) I am gobsmacked that people are even writing about sh*t systems that are for sale.
Yes, the above paragraph is all hindsight - could have, would have, should have - but is is true nonetheless?
I didn't cherry pick a thing.
You guys know the setups. Get on it.![]()
I think your spike is specific to the mini gold future, not necessarily representative of the $ value of Gold - I can see it on YGM9, but its not on ZGM9.
thanks..ZG low of the day is only 894.90. When I checked with SB quote and they have the same spike. It must be stop hunting before a big push?
Check out the rolling daily about 5 hours ago, looks valid enough to me.is this a valid pin-bar?
There appears to be a double-top(ish), but the pin is above it.
so, dont know if its a rejection of the high, or just preparing for a move higher, on the support caused by being above the double-top!
(I am not trading this, as I cant make head-nor-tail or pins.)
EDIT: current bar may be forming an IB as well.