Anyone interested?

barjon

barjon

Legendary member
Messages
10,752
Likes
1,863
Amazing it is. DOW is down 1000 or so points on the week, markets are crashing across the world and all we can find to talk about on here is "dissers" or how to scalp a couple of points here and there.
 
barjon said:
Amazing it is. DOW is down 1000 or so points on the week, markets are crashing across the world and all we can find to talk about on here is "dissers" or how to scalp a couple of points here and there.
Click to expand...

Yes i am , long DAX here near the lows at 10013 , the drop in European equities was more severe than the US , the high of the week was around 11115 - a drop of 1100 points or 10% - , it seems there is still more room for the downside but i am hoping for a sharp quick correction by mid this week . Looking at long term charts that's a normal pull back .

SPX monthly candles :
 

Attachments

  • spx monthly.jpg
    spx monthly.jpg
    45.5 KB · Views: 227
barjon said:
Amazing it is. DOW is down 1000 or so points on the week, markets are crashing across the world and all we can find to talk about on here is "dissers" or how to scalp a couple of points here and there.
Click to expand...
Interested and participating jon. But whats to talk about that hasnt been discussed to death and back a 1000 times already.
Lulz and psych is where the parties at :D
 
barjon said:
Amazing it is. DOW is down 1000 or so points on the week, markets are crashing across the world and all we can find to talk about on here is "dissers" or how to scalp a couple of points here and there.
Click to expand...

Yesterday - a top intraday trader could have made 1000+ pips just off the EU - even though it only moved up 160 pips - simply with multi trades and stakes and intraday trading in both directions.

In fact I see a trader in another forum this week in 2 days make over 2300 pips in the EU on a live account which was verfied - doing exactly what I have mentioned.

I agree - the movements in the markets and how we should be able to make the most off them should always be the main topic in a trading forum

Regards

F
 
Forexmospherian said:
Yesterday - a top intraday trader could have made 1000+ pips just off the EU - even though it only moved up 160 pips - simply with multi trades and stakes and intraday trading in both directions.

In fact I see a trader in another forum this week in 2 days make over 2300 pips in the EU on a live account which was verfied - doing exactly what I have mentioned.

I agree - the movements in the markets and how we should be able to make the most off them should always be the main topic in a trading forum

Regards

F
Click to expand...

Look at this for example , fxmo is just spamming another thread here .

You know there is an infraction called multi-spamming , maybe mods should consider using it , hence this member is taking over many threads here with the same unrelated stuff .

:eek:fftopic:
 
tar said:
Look at this for example , fxmo is just spamming another thread here .

You know there is an infraction called multi-spamming , maybe mods should consider using it , hence this member is taking over many threads here with the same unrelated stuff .

:eek:fftopic:
Click to expand...

How totally wrong you are Tar

My comment is totally related to this thread - ie trading the markets and what as been going on this week

You love trouble - you got your match with me mate - stay on topic yourself and stop taking this thread off subject

Regards

F
 
Forexmospherian said:
How totally wrong you are Tar

My comment is totally related to this thread - ie trading the markets and what as been going on this week

You love trouble - you got your match with me mate - stay on topic yourself and stop taking this thread off subject

Regards

F
Click to expand...

No , talking about multi stakes .. etc and how its possible to make 1000s of pips in days and how a certain verified member managed to catch 1000s pips is off-topic .
 
tar said:
No , talking about multi stakes .. etc and how its possible to make 1000s of pips in days and how a certain verified member managed to catch 1000s pips is off-topic .
Click to expand...

Jon mentioned the Dow being down 1000 points in the week - ie a number related to the fall

I mentioned the EU - another trading instrument - only going up 160+ pips yesteday - but it was possible to make 1000 pips off that pair - just yesterday

I then mentioned another traders success this week on the EU in just 2 days

All related to the markets this week - even though not the Dow

To me there is a correlation and its a subject that should be talked about on a trading forum - with thoughts and ideas how we can all gain more - ie earn more money from trading - rather than other side issues

Surely we both agree with that - You want to earn more from trading - and I certainly do and I am sure JON does

Regards


F
 
tar said:
Yes i am , long DAX here near the lows at 10013 , the drop in European equities was more severe than the US , the high of the week was around 11115 - a drop of 1100 points or 10% - , it seems there is still more room for the downside but i am hoping for a sharp quick correction by mid this week . Looking at long term charts that's a normal pull back .

SPX monthly candles :
Click to expand...

Sounds a reasonable, if dangerous, plan. Well protected by stop loss I guess ;) in case the turmoil continues. Wonder how DOW traders would've got on without one yesterday if they'd been on the wrong side.

Unlike DAX the FTSE was strongish vs DOW and I'm still holding FTSE short which I'll pair with a DOW long next week if a reaction starts and gathers pace.
 
barjon said:
Sounds a reasonable, if dangerous, plan. Well protected by stop loss I guess ;) in case the turmoil continues. Wonder how DOW traders would've got on without one yesterday if they'd been on the wrong side.

Unlike DAX the FTSE was strongish vs DOW and I'm still holding FTSE short which I'll pair with a DOW long next week if a reaction starts and gathers pace.
Click to expand...

No hard stop hence it wont benefit me in a case of a gap anyway , will exit manually and take a loss and re-enter ...
 
Would like to add that yes it dropped from 11115 this week but lets not forget it also dropped from 11600ish the previous week so that's 14% , that's like the SP dropping from 2100 to 1800 in 2 weeks ! We also have the ECB at 3 Sep and the QE is still going on i guess :whistling
 
Forexmospherian said:
Yesterday - a top intraday trader could have made 1000+ pips just off the EU - even though it only moved up 160 pips - simply with multi trades and stakes and intraday trading in both directions.

In fact I see a trader in another forum this week in 2 days make over 2300 pips in the EU on a live account which was verfied - doing exactly what I have mentioned.

I agree - the movements in the markets and how we should be able to make the most off them should always be the main topic in a trading forum

Regards

F
Click to expand...

Show me on the chart (hindsight) how you could have made 1000 pips on 160 pips daily swing and please do not come back to me with another of your lengthy post where you explain everything but avoiding the point.

Just a chart with in and out will do in hindsight. Thanks.
 
this can be a lengthy fall, China started it and they find it difficult to hide the evidence anymore.

Also forex has nice swings intraday which is good, a 2 to 3 RR daily is the norm, especially if you know your levels.
 
Fugazsy said:
Show me on the chart (hindsight) how you could have made 1000 pips on 160 pips daily swing and please do not come back to me with another of your lengthy post where you explain everything but avoiding the point.

Just a chart with in and out will do in hindsight. Thanks.
Click to expand...


No problem at all Fugazy

I will not do it in this thread - will do it in my thread as its off topic in this thread

I will also name the trader who made over 2000 pips in 2 days from the EU this week - as he is not in this forum - but his account is real and verified etc and he had a 97% success rate on 82 trades - all closed

It will be either later today or tomorrow - I have a busy weekend


Regards

F
 
Forexmospherian said:
No problem at all Fugazy

I will not do it in this thread - will do it in my thread as its off topic in this thread

I will also name the trader who made over 2000 pips in 2 days from the EU this week - as he is not in this forum - but his account is real and verified etc and he had a 97% success rate on 82 trades - all closed

It will be either later today or tomorrow - I have a busy weekend


Regards

F
Click to expand...

Making 2000 pips - in multi stakes - in 2 days is more than normal , what matters is consistency . 2 days are nothing .
 
tar said:
Making 2000 pips - in multi stakes - in 2 days is more than normal , what matters is consistency . 2 days are nothing .
Click to expand...


Thank you Tar for confirming that - and I agree with you

Fugazsy just does not think its possible

I am sure even when he is shown - he still may not believe it

Ok must go

Regards

F
 
Forexmospherian said:
Thank you Tar for confirming that - and I agree with you

Fugazsy just does not think its possible

I am sure even when he is shown - he still may not believe it

Ok must go

Regards

F
Click to expand...

The numbers here are meaningless , its all relative , what you mean by 1000 pip could equal 10 pips in my book . That being said you cant enter/scale-in with partial stakes 30 times and then say i've made 3000 pips , no you just made 100 pips thats it . Your numbers are inflated and anyone can do that ...
 
Last edited:
You must log in or register to reply here.

Similar threads

B
Need help resolving a crashed PC
Replies
4
Views
2K
forker
F
T
Funny old world....
Replies
2
Views
2K
titus-uk
T
R
Market Crash
Replies
1
Views
1K
THT
THT
U
Buy!! Market Bottomed on August 23
2
Replies
27
Views
4K
us.thrive
U
I
How much did you all start with
Replies
13
Views
3K
Dinos
Dinos
Top