Best Thread Live Cable Trading
Mornington Crescent
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he sits on his hands ...
Mornington Crescent
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you sound very excited for a 4hr trader.
have you gone long ?
have you gone long ?
Mornington Crescent
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thought you might have seen the higher low around 1pm.
havent had one of those for a long time and usually invokes a strong reversal.
so closed shorts
but looking to short again if/when this rally fails
havent had one of those for a long time and usually invokes a strong reversal.
so closed shorts
but looking to short again if/when this rally fails
trendie
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samtron said:
You mean you dont fill your day posting wind-up posts on other threads ?!?!
Seriously, I am sure you read books or listen to the radio.
Wheres Jonny ( said in a Jack "The Shining" Nicholson voice ) , I dont think he has posted this week so far.
I've retired from trading after listening to DonaldDukes advice. He really is an expert that guy, multimillionaire from trading...
Took two trades today, resulting in -13
Rather ironcally both trades an early short and later long were both stopped out on the dot. i.e the market hit my stops, didn't pass them, then went onto to make nice moves in my desired direction.
Just the look of the draw.
JonnyT
Took two trades today, resulting in -13
Rather ironcally both trades an early short and later long were both stopped out on the dot. i.e the market hit my stops, didn't pass them, then went onto to make nice moves in my desired direction.
Just the look of the draw.
JonnyT
coolTrader
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VSATrader said:
looks that way but... It could still continue down at a later day. the up move has been rather choppy. IMHO it could go either way.
Mornington Crescent
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VSA
thanks for the chart but I cant see anything in it that says this is no more than just another correction in the downtrend from oversold.
Can you ?
thanks for the chart but I cant see anything in it that says this is no more than just another correction in the downtrend from oversold.
Can you ?
VSATrader
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Hi Guys;
Thanks for your replys, I don't pass myself as a guru, because I'm not. But I have been a trader for 9 years and have my fair share of battle scars to prove it :cheesy:
For me to go in, there would have to be strength in the background, which there is a double bottom, but it's not concrete. And as it has been said, it could slide back down, but it will be an intresting study to see if the market pulls this one off. Having said that, I prefer to short, I am a bear in any market and sit waiting to short. I have never felt comfortable going long, as weakness is easier to spot than strength.
I have no profit target, just let it run it's course.
30 pip stop loss, but I only trade 10,000 as I have a real account and don't want to blow it all at once, so it's a dollar a pip until I get comfortable.
Thanks for your replys, I don't pass myself as a guru, because I'm not. But I have been a trader for 9 years and have my fair share of battle scars to prove it :cheesy:
For me to go in, there would have to be strength in the background, which there is a double bottom, but it's not concrete. And as it has been said, it could slide back down, but it will be an intresting study to see if the market pulls this one off. Having said that, I prefer to short, I am a bear in any market and sit waiting to short. I have never felt comfortable going long, as weakness is easier to spot than strength.
I have no profit target, just let it run it's course.
30 pip stop loss, but I only trade 10,000 as I have a real account and don't want to blow it all at once, so it's a dollar a pip until I get comfortable.
coolTrader
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VSATrader said:
10,000 after 9years!
