Justin's Playground | Page 111 | Metals Mine

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Made Simple Playground 2 replies

P's playground 7 replies

Playground Price action 2 replies

Attachments: Justin's Playground
Exit Attachments

Justin's Playground

  • #2,201
  • Jun 21, 2019 6:36pm Jun 21, 2019 6:36pm
Quoting anti-flash
{quote} Nice places . {image}
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,202
  • Jun 21, 2019 6:57pm Jun 21, 2019 6:57pm
Quoting heispark
WTF...... Have you ever heard about Seychelles? Good bye Aussie brokers ~~~ {image}
Yes. nice big island ... not far from Somalia ... but you will be safe swimming in the clean waters there and enjoy good sunshine.

Aussie brokers act under pressure from regulator now. What's next? reduce leverage to 1:50 or 1:30.

Is there a bright side?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,203
  • Edited 10:01pm Jun 23, 2019 9:49pm | Edited 10:01pm
Dukascopy...... It's currently my main broker but I am losing faith to it.... Its business is turning down for several years and they became more aggressive to have more small clients by acting like a bucket shop. Their spread is one of the most expensive ones (especially Gold which I trade often) and their support team often doesn't reply even to an emergency issues. Execution quality is always questionable (last Friday my Nasdaq trade (CFD) was prematurely BE killed by their spread surge. Otherwise it could be a $450 winner.) I also don't like their Russian connection. A Russian husband and wife (Dukas and Copy) own 99% shares of the company! IMHO, Forex brokers never be trustworthy especially when execution quality is important to your strategy. It should be OK for my low leveraged counter trend swing trades based on WCU strategy. But now I want to do more day trades to make more money quickly. Frustrated, I am seriously considering going back to Futures, at this time to TD Ameritrade instead of AMP Futures with CQG feed. I know CQG has the best execution quality but their charting is just crap. Charting is important to a visual & manual traders like me. TDA's execution quality is known as so-so but hopefully this won't be a big issue to me as I am not a tick chart based scalper. In addition, I love the beautiful and intuitive interface of Thinkorswim. What a whimsical boy I am......
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,204
  • Edited 10:26pm Jun 23, 2019 10:16pm | Edited 10:26pm
My gut feeling is Gold can fall or at least have a deep pull-back. When everybody is optimistic to gold bull, that's a warning sign you know..... I am looking for shorting Gold this week. It will be a short term trade anyway....
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-06-24_12-13-43.png Size: 402 KB
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,205
  • Jun 24, 2019 8:40am Jun 24, 2019 8:40am
Quoting heispark
Dukascopy...... It's currently my main broker but I am losing faith to it.... Its business is turning down for several years and they became more aggressive to have more small clients by acting like a bucket shop. Their spread is one of the most expensive ones (especially Gold which I trade often) and their support team often doesn't reply even to an emergency issues. Execution quality is always questionable (last Friday my Nasdaq trade (CFD) was prematurely BE killed by their spread surge. Otherwise it could be a $450 winner.) I also don't like...
I am holding Gold sell now and it happened to me again. While I was updating the Profit Target, JForex just closed my open position for no reason! This was the last straw. I will also say good-bye to this Russian criminal bucket shop!!
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,206
  • Jun 24, 2019 7:05pm Jun 24, 2019 7:05pm
Gold @ interesting place........
Attached Image (click to enlarge)
Click to Enlarge Name: gc.png Size: 190 KB
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,207
  • Jun 24, 2019 8:43pm Jun 24, 2019 8:43pm
Quoting heispark
DXY vs. WCUUSD {image}{image}
DXY updated.
Attached Image (click to enlarge)
Click to Enlarge Name: dxy.png Size: 362 KB
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,208
  • Jun 25, 2019 1:51am Jun 25, 2019 1:51am
Quoting heispark
Gold @ interesting place........ {image}
Also, hit XOP target (1.618 expansion) in gold spot....
(DY chart)
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-06-25_15-49-17.png Size: 39 KB
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,209
  • Jun 25, 2019 3:19am Jun 25, 2019 3:19am
Quoting heispark
{quote} Also, hit XOP target (1.618 expansion) in gold spot.... (DY chart) {image}
Statistics says.........
Attached Image (click to enlarge)
Click to Enlarge Name: candle.png Size: 98 KB
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,210
  • Jun 25, 2019 7:04pm Jun 25, 2019 7:04pm
Quoting heispark
{quote} It looks it's getting clearer that both Goldman Sachs and Morgan Stanley are wrong on their gold bull..... I beat them. {image}
I concluded too early and eventually Goldman was correct...... Gold soared as they predicted!
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-06-26_08-59-39.png Size: 358 KB
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,211
  • Jun 26, 2019 2:58am Jun 26, 2019 2:58am
/CL (US OIL)
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-06-26_16-56-48.png Size: 51 KB
Attached Image (click to enlarge)
Click to Enlarge Name: CL.png Size: 191 KB
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,212
  • Jun 26, 2019 8:56am Jun 26, 2019 8:56am
Nial's view to Gold & Crude:
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-06-26_22-52-09.png Size: 456 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-06-26_22-53-29.png Size: 492 KB

(source: learntotradethemarket.com)
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,213
  • Jun 26, 2019 9:05am Jun 26, 2019 9:05am
Quoting heispark
{quote} I expect US stock market would collapse sooner or later. Note potential Weekly 'Double Repo' sell pattern by Joe Dinapoli. If it happens, it may become a huge drop and can give you a great opportunity to make money..... <The latest COT data of Nasdaq> {image} <Red is S&P500, Orange is Nasdaq> {image} <Nasdaq Weekly Chart> {image}
The latest COT of S&P 500 looks interesting.....
Attached Image (click to enlarge)
Click to Enlarge Name: S&P_500.png Size: 76 KB
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,214
  • Jun 27, 2019 7:10pm Jun 27, 2019 7:10pm
Quoting heispark
/CL (US OIL) {image}{image}
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-06-28_09-09-52.png Size: 511 KB
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,215
  • Jul 2, 2019 1:01am Jul 2, 2019 1:01am
USD. Expect weakening for the time being.....
Equally Weighted Dollar Index, WCUUSD and DXY:
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-07-02_14-56-09.png Size: 136 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-07-02_14-56-31.png Size: 131 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-07-02_14-57-54.png Size: 212 KB
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,216
  • Jul 8, 2019 9:00pm Jul 8, 2019 9:00pm
/NG (Natural Gas) Monthly chart.
If your account doesn't blow off until it reaches $0 dollar (which is impossible), you are guarantied to make huge money.
I dare to say trading can be a piece of cake sometimes.....
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-07-09_10-56-37.png Size: 35 KB
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,217
  • Edited 7:28pm Jul 9, 2019 6:25pm | Edited 7:28pm
Quoting heispark
/NG (Natural Gas) Monthly chart. If your account doesn't blow off until it reaches $0 dollar (which is impossible), you are guarantied to make huge money. I dare to say trading can be a piece of cake sometimes..... {image}
Targeting $4K (conservative) with risking $1K (historic low). Actually I will add up more when it goes down that low. It's pretty safe and easy trade.
Btw, Dukascopy JForex is a SUPER CRAP in charting and has a serious bug. Actually I opened the other trade earlier during NY session last night. When I opened the chart again this morning, the estimated SL was changed to $200K instead of $900. Being scared, I closed the trade immediately with minor loss and checked with JForex support team. I thought I made a calculation mistake in lot size. However, it turned out that the number I saw this morning was a bug in JForex. I will really ditch this crap broker sooner or later. VERY disappointing, shame on you Dukas!!
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-07-10_08-05-58.png Size: 281 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-07-10_08-14-13.png Size: 245 KB

Inserted Video
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,218
  • Jul 9, 2019 9:40pm Jul 9, 2019 9:40pm
Testing......
E-mini Russell 2000. (1H chart)
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-07-10_11-36-40.png Size: 62 KB
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,219
  • Jul 14, 2019 12:32am Jul 14, 2019 12:32am
The good days of US stock indices are numbered in my opinion.........
Price-OBV divergence in S&P 500:
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-07-14_14-21-22.png Size: 479 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-07-14_14-26-42.png Size: 490 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-07-14_14-29-16.png Size: 592 KB
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,220
  • Jul 14, 2019 5:07am Jul 14, 2019 5:07am
USDCAD DY chart (green line is 800 EMA)
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-07-14_19-05-53.png Size: 165 KB
Simplicity is the ultimate sophistication - Leonardo da Vinci
9 traders viewing now