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Rag2RichesFX replied Feb 3, 2016and closed 8 for +7 pts, completely flat that is how you properly "average down". of course, always have a stop in mind. but after 40 handles move into the key support 1865... it was a high probability play.
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Rag2RichesFX replied Feb 3, 2016took off half just above breakeven, leaving 8 from average price 1871
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Rag2RichesFX replied Feb 3, 2016we are at 1868 since this post... 40 handles lower today.. in 1 hour. added at 1868, might have got in too early on this one. might have to take a loss if this is "one of those days" but im up so much for the day, it really wont matter too much.
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Rag2RichesFX replied Feb 3, 2016im out, buying now @1878 1869 is better, will buy more there
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Rag2RichesFX replied Feb 3, 2016divergence on 1 hour and 5min, 1911 was key resistance still in. watching 1878 and 1870 (which in SPX is 8 points higher)
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Rag2RichesFX replied Feb 3, 2016$$$$$$$$$$$$$$ i cannot believe how easy this is becoming for me. i rarely lose a trade. i hope this all happens for you soon. keep grinding, it will come. meanwhile... GU up another 100 pips....
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Rag2RichesFX replied Feb 3, 2016Averaging down works fine if you keep a stop in mind. That's how all the big players trade (they can't buy their full position at the same price) If it works for them it can work for us (it works for me). Just need to know how to manage it (IE, stop ...
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Rag2RichesFX replied Feb 3, 2016$1000 an hour or I wouldn't touch her. Needs to be verified HIV free for that price. I know a guy who got HIV from an escort. Would be funny if it wasn't so sad. And I'd probably need at least a few hours. Was it that good of a trade you fucked up?
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Rag2RichesFX replied Feb 3, 2016That, and the bid/ask is 0.25 of a point, it would be like trading currency with 0.5 pip spreads (mine are usually 1.5-2 pips)
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Rag2RichesFX replied Feb 3, 2016S&P500 futures ($150-$200 billion in volume everyday, nothing compared to EU but it's still more than enough) I don't know why but I day trade it better than any currency. Occasionally will do some day trades on GU, EU, UC and AJ if I see high ...
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Rag2RichesFX replied Feb 3, 2016and im out, +6.5 pts could go lower but i dont have much conviction in that,
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Rag2RichesFX replied Feb 3, 2016and short 5 same price. lets see if 1909 holds for the reversal
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Rag2RichesFX replied Feb 3, 2016If you draw the line correctly, it had 2 false breaks of the down trendline from 3990. false breaks 1700 in August and 1500 in October but yes.
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Rag2RichesFX replied Feb 3, 2016It's getting old. No matter the time of day it's uncalled for. But during primetime hours it should be completely off-limits. I don't see why people fight with each other over the internet. Thinkorswim real time chatrooms are 100x better than this ...
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Rag2RichesFX replied Feb 3, 2016changed my mind on GU.. holding out for 1.48 (original tp was 4545). gator said even 57xx is valid 2016 highs at 1.48. if it gets there, it will likely go even higher than that (it will be a yearly doji forming with 700+ pips of wick) 20 lots x 630 ...
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