Best Thread Potential setups

[foredog]

Much the same as trading stocks, look for the hot stocks. If there's news in a mining stock, watch them, rather than your old favourites that haven't moved for a week.

 

[KillPhil08]

Ranging boringly? lol, 1400 pips could have been made on cable this week alone (in one direction).

 

[rollsafe]

GBP/USD 1hr

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GBP/USD 1hr
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[trader_dante]

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GBP/USD 1hr
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Dangerous...

 

[dpotter]

I'm a noob, and (assuming GE is going to report negative news) I'm wondering what you think of DXD as a play today? Thanks for the help.

 

[trader_dante]

I'm a noob, and (assuming GE is going to report negative news) I'm wondering what you think of DXD as a play today? Thanks for the help.

I think DXD will be exceptionally volatile...but regardless of earnings...I really believe it wants to take out that low.

 

[Joey25]

It may sound odd, but I'm feeling the waves that the market moves in

When it comes to a specific trade strategy, I'm playing inside bars like this:

(i) 50% of position size entered as a limit order based on some retracement of the inside bar. (2/3, 61.8%, trendlines in a smaller timeframe etc.)

(ii) 100% entered as a breakout beyond the inside bar

(i) and (ii) linked as OCO (one-cancels-other) orders.

If the retracement fills first, add a new breakout order for the remaining 50%.

Stops are either below the inside bar or the swing pivot, again depending which fills first.

The idea is that the more speculative entry starts with a smaller position size, so if it instantly goes wrong your exposure is less. You're also pyramiding if momentum gathers.

This bit me on the ar*e this morning

It's part of the battle of this game - greed.

 

[Joey25]

Now in this one:

GBP/USD Mar09

bounce off the descending support line + inside bar breakout.

 

[chilltrader]

This is looking sexy... ooooohhhhhhh.... oooooohhhhhhh

 

[trader_dante]

The Dow is going to tank!

Currently at 7980.

Should easily see 7920 area tonight if not lower...and then the big lows are not far away...

Stops above the day high...

 

[trader_dante]

Who is going to buy and hold this over the weekend?! lol

 

[trader_dante]

This has got to be the easiest money in the world. LOL

 

[N Rothschild]

7887 is all we will see for today i think to the downside

 

[porph]

Got in short at 8100.

I don't think I've been long & short so many times throughout one day before...

 

[trader_dante]

7887 is all we will see for today i think to the downside

Yeah...and think what the daily chart is going to look like then...

There is absolutely no way in hell this support is going to hold.

I can't believe anyone really thinks it will.

Once todays lows gets taken out on Monday the big lows are on...

 

[wasp]

Be thankful they do! As Socrates was so fond of saying... the market needs the cannon fodder!

 

[N Rothschild]

im taking a cheeky long at the moment, i dont think the support is going to hold either

 

[trader_dante]

im taking a cheeky long at the moment, i dont think the support is going to hold either

Bit of a sucker rally here. I don't expect this to hold above 8k.

 

[N Rothschild]

looking for 8050ish before it rolls over into the close

 

[chilltrader]

Not so sure..... just when we think we have read the market, it turns around and hands you your ****!