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  • #11,561
  • Jul 14, 2014 5:30pm Jul 14, 2014 5:30pm
Quoting Mitchoss
{quote} I'll continue to post the trend channels I follow if people are interested, along with snaps of my indicators. They are nothing special though.. I AM NOT A SCALPER, THESE INDICATORS WILL NOT HELP YOU SCALP ON ANYTHING LESS THAN 1HR MACD(12,26,9) - I use strictly as a momentum indicator. Above 0 = upside momentum, vise versa (typically only use it on >1hr timeframes) RSI(14) - I buy at <25 and sell >75 - NEVER BEFORE - PATIENCE IS KEY AS ENTERING EARLY YOU MAY BUY/SELL INTO A BREAKOUT Stoch(14,3,5) - I buy at <25 and sell >75 - NEVER BEFORE...
EUR / USD pulled some almost undetectable 0.2% during last week, which would be somewhat dressy even comparing with the more daily weekly volatility.
There was more action in the raw materials.
Silver gained 1.8% over the week and the gold was not far behind.
  • #11,562
  • Edited 8:52pm Jul 14, 2014 5:31pm | Edited 8:52pm
This is my trading plan
Sell limit @ daily pivot
SL @ weekly fibonacci +38.2
TP1 @ monthly pivot
TP2 @ weekly fibonacci -100

What do you say...

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  • #11,563
  • Jul 14, 2014 5:35pm Jul 14, 2014 5:35pm
Quoting Mitchoss
{quote} I'll continue to post the trend channels I follow if people are interested, along with snaps of my indicators. They are nothing special though.. I AM NOT A SCALPER, THESE INDICATORS WILL NOT HELP YOU SCALP ON ANYTHING LESS THAN 1HR MACD(12,26,9) - I use strictly as a momentum indicator. Above 0 = upside momentum, vise versa (typically only use it on >1hr timeframes) RSI(14) - I buy at <25 and sell >75 - NEVER BEFORE - PATIENCE IS KEY AS ENTERING EARLY YOU MAY BUY/SELL INTO A BREAKOUT Stoch(14,3,5) - I buy at <25 and sell >75 - NEVER BEFORE...
thanks for sharing Mitch!
  • #11,564
  • Jul 14, 2014 5:40pm Jul 14, 2014 5:40pm
Quoting Mitchoss
{quote} I'll continue to post the trend channels I follow if people are interested, along with snaps of my indicators. They are nothing special though.. I AM NOT A SCALPER, THESE INDICATORS WILL NOT HELP YOU SCALP ON ANYTHING LESS THAN 1HR MACD(12,26,9) - I use strictly as a momentum indicator. Above 0 = upside momentum, vise versa (typically only use it on >1hr timeframes) RSI(14) - I buy at <25 and sell >75 - NEVER BEFORE - PATIENCE IS KEY AS ENTERING EARLY YOU MAY BUY/SELL INTO A BREAKOUT Stoch(14,3,5) - I buy at <25 and sell >75 - NEVER BEFORE...
Most useful thanks
  • #11,565
  • Jul 14, 2014 5:49pm Jul 14, 2014 5:49pm
Quoting prototip
long 1306...stop 1300...
İ close my long... İ will wait some...
  • #11,566
  • Jul 14, 2014 6:46pm Jul 14, 2014 6:46pm
Quoting Mitchoss
{quote} I'll continue to post the trend channels I follow if people are interested, along with snaps of my indicators. They are nothing special though.. I AM NOT A SCALPER, THESE INDICATORS WILL NOT HELP YOU SCALP ON ANYTHING LESS THAN 1HR MACD(12,26,9) - I use strictly as a momentum indicator. Above 0 = upside momentum, vise versa (typically only use it on >1hr timeframes) RSI(14) - I buy at <25 and sell >75 - NEVER BEFORE - PATIENCE IS KEY AS ENTERING EARLY YOU MAY BUY/SELL INTO A BREAKOUT Stoch(14,3,5) - I buy at <25 and sell >75 - NEVER BEFORE...
Did you used to be on tfmetalsreport? atlee ?
  • #11,567
  • Jul 14, 2014 7:12pm Jul 14, 2014 7:12pm
Quoting Ck87
{quote} Did you used to be on tfmetalsreport? atlee ?
Nope, only ever really floated around here..
  • #11,568
  • Jul 14, 2014 8:06pm Jul 14, 2014 8:06pm
Quoting Mitchoss
{quote} I'll continue to post the trend channels I follow if people are interested, along with snaps of my indicators. They are nothing special though.. I AM NOT A SCALPER, THESE INDICATORS WILL NOT HELP YOU SCALP ON ANYTHING LESS THAN 1HR MACD(12,26,9) - I use strictly as a momentum indicator. Above 0 = upside momentum, vise versa (typically only use it on >1hr timeframes) RSI(14) - I buy at <25 and sell >75 - NEVER BEFORE - PATIENCE IS KEY AS ENTERING EARLY YOU MAY BUY/SELL INTO A BREAKOUT Stoch(14,3,5) - I buy at <25 and sell >75...
Dear what is your strategy for short I mean what indicators you use for short.it would be great help for us Thanks Rashid yousuf
  • #11,569
  • Jul 14, 2014 9:01pm Jul 14, 2014 9:01pm
Gold n Silver.. Beware of the Daily Pivot.
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Money Makes Money
  • #11,570
  • Jul 14, 2014 9:03pm Jul 14, 2014 9:03pm
Quoting Super_Mario
{quote} Finally !
:-)
Hello World!
  • #11,571
  • Jul 14, 2014 9:05pm Jul 14, 2014 9:05pm
Quoting Mitchoss
{quote} I admire you sharing your trades with the group. Especially after a bad day. You got this
I come from North India (Punjab), boldness and honesty is deeply inculcated in us.

Blunt, upfront, honest and frank, you talking about me?
Hello World!
  • #11,572
  • Jul 14, 2014 9:06pm Jul 14, 2014 9:06pm
Took profit from the shorts @ 1340, feels good after yesterday's massacre of my longs, lolz

Had a branch whose PA was not clear, figured out everything this morning, going Bingooooo! Feeling upbeat!!
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Hello World!
  • #11,573
  • Jul 14, 2014 10:18pm Jul 14, 2014 10:18pm
Quoting ClockTrader
{quote} I come from North India (Punjab), boldness and honesty is deeply inculcated in us. Blunt, upfront, honest and frank, you talking about me?
One of my favorite people is originally Punjabi. He was born in Pakistan around the time of partition, the son of a diplomat. He went to the US, Harvard, Harvard Law, and is now retired in Cambridge, Mass. He is exceedingly handsome, intelligent, and intuitive, as well as direct.
  • #11,574
  • Jul 14, 2014 10:30pm Jul 14, 2014 10:30pm
short here, stop 1314...
  • #11,575
  • Jul 14, 2014 11:00pm Jul 14, 2014 11:00pm
Looks like some stops got ran today. Possible scenario on a bullish count. If the stop run holds, we many not see new lows for a bit...should be interesting tomorrow.

Sorry about all the lines on the 60m chart they are all relevant to me, even if you don't understand how to view them...
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  • #11,576
  • Jul 14, 2014 11:29pm Jul 14, 2014 11:29pm
Quoting Mitchoss
{quote} I'll continue to post the trend channels I follow if people are interested, along with snaps of my indicators. They are nothing special though.. I AM NOT A SCALPER, THESE INDICATORS WILL NOT HELP YOU SCALP ON ANYTHING LESS THAN 1HR MACD(12,26,9) - I use strictly as a momentum indicator. Above 0 = upside momentum, vise versa (typically only use it on >1hr timeframes) RSI(14) - I buy at <25 and sell >75 - NEVER BEFORE - PATIENCE IS KEY AS ENTERING EARLY YOU MAY BUY/SELL INTO A BREAKOUT Stoch(14,3,5) - I buy at <25 and sell >75 - NEVER BEFORE...
I am impressed with your patience and result. what is your margin level for each trade and maximum margin level for cut loss?
  • #11,577
  • Jul 14, 2014 11:38pm Jul 14, 2014 11:38pm
Few more hours to Europe opening followed by US economic data. Maybe we can start to see some liquidity into the markets.
  • #11,578
  • Jul 15, 2014 12:09am Jul 15, 2014 12:09am
tomorrow will swing gold in either direction. patience is key, wait for yellen's words.
  • #11,579
  • Jul 15, 2014 1:00am Jul 15, 2014 1:00am
Quoting Greenstar
{quote} One of my favorite people is originally Punjabi. He was born in Pakistan around the time of partition, the son of a diplomat. He went to the US, Harvard, Harvard Law, and is now retired in Cambridge, Mass. He is exceedingly handsome, intelligent, and intuitive, as well as direct.
Nice to know, its all off the topic, but, I think people should know where I come from.

Punjab is the most prosperous state of India. Its capital 'Chandigarh' ranks among the top 100 cities of the world. There is a lot I could write, but I think you could understand a lot in few words.
Hello World!
  • #11,580
  • Jul 15, 2014 2:11am Jul 15, 2014 2:11am
Hmm every time we go to 1310 they hit it back down, seems they're not gonna let it break out till US session if anything… maybe sell it off to the lows one more time squeeze out longs then back up.

Mkt is always fooling everyone all the time.
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