Reading Charts in Real Time - Page 79 - Traders Laboratory Forums

Gabe2004 · 10-19-2009, 10:48 PM

The only possible trade that I see right now is UJ.
If I would have to bet I would say that the most likely direction is up.
I have decided to take the trade.

Gabe

forrestang · 10-19-2009, 10:51 PM

Quote:

Originally Posted by Gabe2004 »

Done
From now on the grid is gone

(it is also a rhyme)

Thanks for pointing that out.

Gabe

Now if you could just get rid of those MA's, we'd be in business

Gabe2004 · 10-19-2009, 11:05 PM

Quote:

Originally Posted by forrestang »

Now if you could just get rid of those MA's, we'd be in business

I like the colors

Gabe

Gabe2004 · 10-19-2009, 11:24 PM

Update on the UJ trade.
Going to sleep.

Gabe

hunnybunny · 10-20-2009, 04:02 AM

Quote:

Originally Posted by Gabe2004 »

... but this is still 4x as good as it was in late September (this is on a 100 trade moving average - a trade could be a partial exit of a position).

Another thing that I a paying attention to is the size of my trade.

No more (or atleast I am trying). When in doubt I reduce my position size to a minimum. I have doubled up only twice in recent days. Once when I was profitable and once when I was not but I was convinced that my setup was valid but I may have entered too early. Both cases worked out in my favour.

The difference now is that I have a trading plan and I am fully devoted to my success in this field.

Gabe

Way to go, Gabe!

Gabe2004 · 10-20-2009, 07:34 AM

Quote:

Originally Posted by hunnybunny »

Way to go, Gabe!

Thanks hb but - It's a Long Way to Tipperary - As you have seen yesterday and my overnight trade were not in the direction I want to go but it is just a little bump.

Gabe

BTW I was stopped out on my UJ trade for a 10 pip loss.

another BTW. My chart looks fuzzy but I don't know why. It is not a compressed image and it looks OK when view from the original on my computer.
Any ideas?

Actually I found that PAINT (the program I use to put the lines on the chart IS optimizing the picture to reduce it's size and thus the fuzzy picture, so I am switching to another program.

Dinerotrader · 10-20-2009, 11:13 AM

Quote:

Originally Posted by Gabe2004 »

another BTW. My chart looks fuzzy but I don't know why. It is not a compressed image and it looks OK when view from the original on my computer.
Any ideas?

If you use Vista, there is a snip tool you can use to just save a selected part of the screen as a jpeg file. If you don't have vista, there is probably a "snag it" program you can download for free on the internet that will do the same thing.

thalestrader · 10-20-2009, 05:34 PM

Hi Folks,

Current view of the USDCAD.

Best Wishes,

Thales

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The Following 2 Users Say Thank You to Gabe2004 For This Useful Post:
Dinerotrader (10-20-2009), forrestang (10-19-2009)

The Following User Says Thank You to Dinerotrader For This Useful Post:
Gabe2004 (10-20-2009)

The Following 2 Users Say Thank You to thalestrader For This Useful Post:
Dinerotrader (10-20-2009), sw9 (10-20-2009)