If you got stopped out, then your entry was in the wrong place or you were trading in the wrong direction. By getting stopped out you have preserved your trading capital and you get another change to re-evaluate the situation without doing damage to ...

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In this situation, the long is somewhat risky because we are below a lot of stuff... weekly open and mid, weekly/monthly averages, etc... so we should primarily be looking to short... and that is my objective, but it has to be from the right spot. ...

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Not for me. Once I'm up and price is reasonably far away, I'll move that stop ASAP. If it comes back and takes me out, I'm either wrong about the trade or right but just too early and the market will give me an opportunity to get in at a better ...

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Good morning y'all... Got a casual long from daily avg in the EU, target weekly mid point/yest mid point/M15 200 area, and will consider reversing there if the action looks right. Stops already at BE, she might not make it that far LOL...

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Better not let Digs see that LOL

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EU futures, quite a battle between daily average/monthly PP and the monthly open.

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I did not, was falling asleep at the computer LOL... just woke up to catch up on posts here and see the drop overnight... I should have held on to a couple shorts instead of closing them out, eh? The 'ole M15 200EMA holds down the fort once again ...

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Closed out most of my short scalps for a bit of green, stops BE+2, looking to get long... daily mid point and average look like a nice spot (and untested,) might have to take a swing there.

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Roger that boss. I was looking at the H8 stochs and thinking man this thing could go up a lot more... but we are under some shit and HTF bearish overall... and there's a lot of confluence around the weekly pivot (weekly/monthly avg prices are in the ...

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What do you mean, on the stochs?

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Nah just a little peeved about missing the long towards EOD at the day's open price (futures) The M15 200 looked like a good place to take a stab at a quick scalp. Asia bulls have been pretty persistent though, would rather short to hold from higher ...

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Funny that, I just went short at the same level LOL... took a shot at the M15 200

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Digs, what's your take on the EU at the moment? We're under some shit and I want to short, got a couple areas picked out but interested to see what you think.

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Almost time for a refill. Cheers all

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Been raining like all fuck get out down here too.. very cool summer thus far temp wise, woods are so wet I can't even get any logs in up by the cabin... hope with a place your size ya got something bigger than a gold plated Jon boat LOL....

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Yo JP1, your charts and S/R levels are looking great my man. Every day I check in here and learn something new. Thinking I'm spending too much time with the shorter timeframe charts trying to catch the little wiggles here and there.... even though I ...

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Congrats man, sounds like you've been killing it a bit lately!

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Totally understand, if one's livelihood is based on it then yeah... not very promising at the moment. Truly unfortunate that it is that way, no really good reason for it given all that we are capable of. Wish all those guys well, tough gig when the ...

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Finally starting to till and plant around these parts. Really late... who knows, might be all beans this year lol. Nothing better than a good hard day's work... in the physical realm... we're building out an upstairs apartment in the 28x48x16' shop ...

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Fortunately we have a patient teacher. This bourbon tastes amazing

General Trading Chat / Ideas