Forex trading live calls and set ups

[oildaytrader]

no offence taken. I think our thread is getting in the right direction with live calls & analysis. A little bit of critique will add colour to it..

In fact, I like your swing style. I am aiming for such a style but I am greedy to take small pips (particularly after starting this thread). For that, I have set rules about when to fold and when to hold ( borrowing julian's sig )

We could do with a few girly guide trades

 

[oildaytrader]

Long wti 79.39 , stop 100

 

[oildaytrader]

I generally only trade the dax using IB on a daily time frame, sadly most of yesterdays move I couldnt take advantage of. Its in a clear range at mo(15) yeah a b/o could produce a nice move

It has broken out

 

[oildaytrader]

closed for +6 cause another long open at 1.3570

1.3570 closed at 84 for 14 pips.

Waiting for a pullback to 60 to go long

 

[oildaytrader]

Lovely opportunities for counter trend trading after the trend had exhausted.

Closed 1.3602 long at -45

 

[trendie]

Lovely opportunities for counter trend trading after the trend had exhausted.

Closed 1.3602 long at -45

Did that EU trigger? My charts show EU not reaching that high?

 

[oildaytrader]

Did that EU trigger? My charts show EU not reaching that high?

Yes.

Closed wti crude for + 5 points cause euro is weak .Didn't mention all the side/scalping trades.

 

[leovirgo]

Short GU 1.4958, sl4980

 

[leovirgo]

Swing Long Gold April10, 1120. Sl1116.50 TP 1134

Gold is flying.

 

[oildaytrader]

Long e/usd 1.3545 stop 45 ,last resistance now support

 

[oildaytrader]

Gold is flying.

Should be long cable then?

 

[leovirgo]

Should be long cable then?

since when GBP is pegged to gold? I trade what I see and leave the correlation thesis to you guys.

Just to update,

Short GU 1.4958
Short UJ 89.06
Long Gold 1120

 

[oildaytrader]

since when GBP is pegged to gold? I trade what I see and leave the correlation thesis to you guys.

Just to update,

Short GU 1.4958
Short UJ 89.06
Long Gold 1120

gold is the hedge against dollar , and if dollar is strong gold should get weaker and so do other currencies.

 

[leovirgo]

gold is the hedge against dollar , and if dollar is strong gold should get weaker and so do other currencies.

too many assumptions! can you quantify them?

 

[leovirgo]

cable covered for +58.

 

[leovirgo]

Gold long target hit @ 1134. +$14.00 move.

It was meant to be a swing but it reached the target same day.

 

[oildaytrader]

Long e usd 1.3568 stop 45

bye for now

 

[oildaytrader]

Long e/usd 1.3545 stop 45 ,last resistance now support

move to b/e -0

 

[oildaytrader]

Long e usd 1.3568 stop 45

bye for now

Taken out again -45(unfair advantage re-entered 3 lots uncalled so made up)

Often the direction is clear

O DT

 

[oildaytrader]

move to b/e -0

Big disadvantage of move to breakeven , getting taken out by trader's fear of losing.wide stops help in volatility breakouts