"AUSSI" my thread and anything I want to put here

Quoting fibz

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Alright someone here at the house wanted a pic of me and I realized that my phone only has mt4 charts in the gallery looool.... OK since my phone and life is only charts it's only fitting I say I still opened trades on the 31st lol. Happy New Year everyone... I got shits and grins for GU at the moment... Might drop them before market close Dont wanna deal with big gaps on Monday... {image}

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Quoting fibz

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{quote} Haha! Thanks Digz the 2nd. Sorry saw this message a little late I did buy earlier but im out now trying to find another dip )) What do you see on GU monthly....any upcoming sells waving flags in the next weeks or days? Dont tell Digz im asking you questions...he will chase me with a rubber band hehe

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Quoting digger1

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{quote} Lol,, bout to close these fellers I hit just right with the damn phone over the last couple days,,pic of a chart should do just fine fibz for a likeness lol{image}

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Quoting hocius

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{quote} I'm also closing my last runner. Afternoon delight was nice to me {image}

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Quoting digger1

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Lol,, so it begins ,new year same shit ,, 30,000 rolls off the tongue nice R ,, little lone runner left ,, ya know just to see ,,cattle to feed anyway ,, may as well get paid since I was up anyway ,, and I did , ,,have a great week end all {image}

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Quoting Barn243

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Hi Digger Please can you help here. In this chart I would have entered short in the yellow box at the close of the green candle (with the yellow dot on it). Currently I have a 15 SL so would have probably got stopped out. I would likely have re-entered at the test (while just short) of the R1 and made it up. However would be great if I could eliminate these losing trades. Should I be looking for something more to confirm the entry or is it my SL which needs to change? {image} As ever thank you very much for your advice and guidance. Cheers

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Quoting Jp1

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{quote} been a while gents - happy new year to all! my two cents: 15 (or $1.5) on gold is a very tight stop - ur entry would need to be nigh on perfect where ur thinking of shorting looks good in terms of double/triple top, and with a wider stop u would have made plenty Im not sure shorting a green candle is the best idea, especially on m5. If u had waited for the first red candle, ur tight stop would have worked general bias on gold was long, so buying the dips at support would have had less risk

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Quoting Barn243

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Hi Digger Please can you help here. In this chart I would have entered short in the yellow box at the close of the green candle (with the yellow dot on it). Currently I have a 15 SL so would have probably got stopped out. I would likely have re-entered at the test (while just short) of the R1 and made it up. However would be great if I could eliminate these losing trades. Should I be looking for something more to confirm the entry or is it my SL which needs to change? {image} As ever thank you very much for your advice and guidance. Cheers

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Quoting Barn243

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{quote} Cheers Jp1 Happy new year to you 2. While I am risking 15 and only getting 10, the crazy thing is its working - my account is growing (albeit slowly) as often the trades work out and with a runner or 2 playing out it is (so far) covering the losing trades. I do however know that there must be a better of way - as you say my stop is very close. However to have a stop of say 50 for a potential 10 reward is going to take some time to get my head around. Thanks again for the reply. Have a great 2021

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Quoting Jp1

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{quote} no worries mate - digs also trained me up over the past two years (for his sins!)....and the cheeky git still owes me for all the cash i made him on gold last year!! i think u just answered ur own questions then - coz if ur specifically trading that R1 as resistance, then ur proposed entry was too early. If u had waited (and snapped ur elastic band!), then entry at r1 with a dollar stop would have worked well and just remember, resistance levels/lines/pivots etc isnt an exact science where it kisses it perfectly and reacts. Digs would/might...

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Quoting digger1

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{quote} The candle close and open thing on a m5 chart ,, ,, or everything implodes lol{image}

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Quoting digger1

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{quote} Never gonna let tht go are you ,, it was the easiest money to make last year ,, ask ya what you had and just do the opposite ,didnt even have to look at a chart , rofl ,,, dont think one could do the same now ,,

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