Jdtrader - day trading

[JDTRADER]

now at 1.4680 but is this just end of UK market spike ?

If it breaks 1.4702 this will confirm a reversal to the up trend.

 

[TAjammy]

so have you opened a real sb account? kewl.

 

[JDTRADER]

Hit 1.4700 try to push up, locked in profit at 1.4680

 

[JDTRADER]

so have you opened a real sb account? kewl.

Yes but not funded account as I joined ETX Capital who give you £100 FREE.

So trying to spin it up.

 

[JDTRADER]

Ok logging locked profit 1.4680 and limit 1.4715

 

[JDTRADER]

EUR/USD took profit 1.4680 +£13.00

Down on the day -£30

Acc. Bal £70

 

[JDTRADER]

Mondays review

EUR/USD 50p per point.

Made a few errors today with trading and leaving positions open while sleeping, down £30 today to £70 so got to focus now. Not going to use ETX charts anymore just my charts on CMC.

Had my range right but was trading against the market at first plus did not take profits when I should of done. Missed out on a profit of between £35-75 instead I ended on a loss so going to trust my plans from now on.

 

[JDTRADER]

Tuesday 22nd Sept 2009

Morning Traders

ETX Capital Bal £70.00

Trading EUR/USD Today

Plan for to day to regain losses from yesterday, my range today:

R 1.4750
S 1.4630

FTSE100 & S&P500 pushing up will the 1.4750 be passed ? on a sell at 1.4738 stop at 1.4560

 

[JDTRADER]

Just went above 1.4750 but feel this is just a spike got it short on the way back when it hits 1.4760 at £1 per point. Confident of a good profit here.

 

[foredog]

Tuesday 22nd Sept 2009

Morning Traders

ETX Capital Bal £70.00

Trading EUR/USD Today

Plan for to day to regain losses from yesterday, my range today:

R 1.4750
S 1.4630

FTSE100 & S&P500 pushing up will the 1.4750 be passed ? on a sell at 1.4738 stop at 1.4560

if you've sold you'll need he stop above entry price...........

 

[JDTRADER]

if you've sold you'll need he stop above entry price...........

So annoying to of missed the smash through 1.4750 now at 1.4789.

Got short for a drop back on IF DONE at 1.4770 £1 per point, if it drops back it could drop below 1.4750 but 1.4800+ looks likely.

Out of my comfort zone at this point

 

[JDTRADER]

Just in scalping mode report back soon

 

[JDTRADER]

SELL 1.4790 closed 1.4785 +£5.00
BUY 1.4780 closed 1.4785 +£5.00

SELL 1.4789

1.4800 seems to be the R level at the moment looking for a fall back now, don't think it will bust the 1.4800 untill near US starting bell around 2pm (GMT)

 

[JDTRADER]

Closed at 1.4788 +£1.00

Getting worried on the sell so safe option closed out, 1.4800+ could be busted to 1.4850 ?

Watching will go with my gut and enter SELL or BUY WHEN I think its right

 

[JDTRADER]

Yeah yesterday and last week I knew what to do but watched to see if I was right and did not act on my thoughts.

So I just went BUY 1.4787 stop 1.4760

Think it will bust 1.4800 to rise high today ?

 

[JDTRADER]

just put a profit BUY which I call mirror BUY.

By this I mean:

Take a open position then take another with a short stop for a profit scalp on the main open position, clear ?

BUY 1.4787 stop 1.4760 £1pp
BUY 1.4787 stop 1.4767 Limit 1.4800 50p pp

 

[JDTRADER]

If i'm right and it does smash 1.4800 I'll look to take profits and look for a reversal thats strong to maybe push the boat out on £1.50 pp to really boost account.

We will see what happens...............

 

[JDTRADER]

its tickeling 1.4798

 

[JDTRADER]

ok its now testing 1.4800

Mirror trade hit Limit 1.4800 +£6.50

 

[JDTRADER]

raised stop to 1.4790