Best Thread Live Trading and General Chat Lounge

[tar]

nice of you to join us Tar,good luck

Thanks , i like the idea that you guys trade with tight SL which is the hardest way to make money , but its great if one can make it

 

[Lord Flasheart]

Thanks , i like the idea that you guys trade with tight SL which is the hardest way to make money , but its great if one can make it

why do you think its the hardest way? i guess its just opinion and what youve taught yourself in time . I always have a runner which when it comes off is a longer term trade with good r/r. Sometimes i re enter a trade if its still in range,so the first stop may be 30 and the 2nd 30.

 

[Lord Flasheart]

moved stop on cable to +15

 

[tar]

why do you think its the hardest way? i guess its just opinion and what youve taught yourself in time . I always have a runner which when it comes off is a longer term trade with good r/r. Sometimes i re enter a trade if its still in range,so the first stop may be 30 and the 2nd 30.

It's hard cuz noise will take your tight SL many times , and emotions will kick in ... etc , but as i said if one can make it then it's great .

 

[tar]

Closed for +15.6 pips .

It gave 30 pips , but it is Friday and its late ...

 

[ZEN archer]

It gave 30 pips , but it is Friday and its late ...

It's good to take profit, especially at this time (my least favourite time for trading, unless there is a massive profit to run)

 

[Lord Flasheart]

It's hard cuz noise will take your tight SL many times , and emotions will kick in ... etc , but as i said if one can make it then it's great .

you seem to trade similar to us. I take your point,but if I am selling from an area of resistance and can enter near the top then often 30 pips will cover it.

 

[Lord Flasheart]

long cable at 1.5195 sl 1.5175

+ 20 and +15

that spike will probably be reversed and upward path continued

 

[Lord Flasheart]

guys looks like i got screwed on that gbp trade, can anyone tell me if the price went through 1.5210,theyve given me a lot less

 

[Lord Flasheart]

did your prices gap down 45 points to 1.5188

 

[c6ackp]

I just checked a couple of feeds: 1.51898 and 1.51889 (MT4s) : IG has 1.5190

Have a good weekend chaps - I really enjoy following the trades - I'm working in Canary Wharf at the moment, so not allowed to trade SB.

 

[tar]

did your prices gap down 45 points to 1.5188

Dont know if it was a gap wasn't looking but yes it reached that level : "Fxcm , Oanda" .

Fitch Places United Kingdom on Rating Watch Negative .

Fitch Ratings - Dedicated to providing value beyond the rating

 

[Lord Flasheart]

thanks guys. did your prices gap down or go through 1.5210. My broker has agreed to honor the stop. im just curious what sb companies will do. it looks like a mid day gap,wierd

 

[tar]

thanks guys. did your prices gap down or go through 1.5210. My broker has agreed to honor the stop. im just curious what sb companies will do. it looks like a mid day gap,wierd

Gaps do happen during the day if there is breaking news , i am looking at FXCM's tick chart i see big drop from 1.5240 to 1.5190 , still not sure if it was a gap .

 

[ZEN archer]

did your prices gap down 45 points to 1.5188

Didn't go below 1.51901 (bid) on my chart

 

[Lord Flasheart]

To me thats not a gap,the price went through the price at 1.5210

Crooks,just spiked it down,nicked the stops and up again.I was in a really good looking trade there. anyway been great week and a fantastic month so far

 

[Lord Flasheart]

Didn't go below 1.51901 (bid) on my chart

do you know if it traded down to that price or gapped with your broker

 

[ZEN archer]

do you know if it traded down to that price or gapped with your broker

I wouldn't know - they show trading levels only maybe around 50 ticks back (too late to check it now)

 

[tar]

do you know if it traded down to that price or gapped with your broker

I just downloaded the tick data , it is a sharp move but not a gap ...

 

[Lord Flasheart]

I just downloaded the tick data , it is a sharp move but not a gap ...

Thanks,I think they will amend the price but I have to do the hard work and fill out forms and scan them in etc.They can see it didnt gap,so should just ammend