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Yeah man, I just went long one CL contract @34 stop/exit .50

And your response makes you sound more like Sigmund Freud than a businessman. Get off my nuts, if i am gambling its with my own money :mad:

:mad: just got stopped out

I just got bored and decided to do my 1st gold trade ever :) Just shorted GC @ 939.10 $2 stop/exit

:D

I can't sleep. Anyone else up right now? 30 yr bond is down 1 point in after-hours on no news :confused:

Yeah that's true, but these extreme spikes are random and very difficult to trade. Maybe I misused the word volatility, because what I really meant was that we are not getting those nice $3-$5 swings that we used to get in oil. For two weeks we were glued to the $41 level and there were...

This is true. This week was terrible for me as well. I ended up losing money no matter what I did. My CL, currency trades were all mostly losers. Its been pathetic because my profitable trades are like $150 but my losers are $1000. It's times like these that makes me glad that I still have a...

usman, how do you do that though? If you start with lets say 2 long and the price moves against you by $1. Do you buy 4 more and then sell them back when price goes up by .5? Would you sell all or only the last 4 you bought? In that case wouldn't the original 2 still be in a loss with the...

:D thats so true about usman. He is good. My main goal right is to stay focus on making small profits on very short term chart (1 min bar). I won't do any big trades until next week. I just did two quick scalps, one on GBP and the other on ZB and managed to make $100 on each. Basically...

Spanish, You were right early in the day yesterday about the market going down. We should have all just gone short and stayed short to the end. Also, why do you think we will go up now? We broke so many support levels and all of them are now resistances. I am going to scalp today. I...

got stopped out with -$1000 loss What a day. I jumped out of two good trades earlier and lost 1K on this bad trade :(

wow, i am about to get stopped out at 39.25

I think I should do what usman does, just walk away from my computer for an hour and let my stop/exit do the work. Cuz I have screwed up two good trades today. That ZB short I dumped early this morning at with a $-30 loss would have hit a $400 profit 1 hour later.

41.11

me too! I just went long at 40.25

spanish, where do you see your next support? I got at 40.32 and next one at 40.10

As soon as I see hh and hl, i'll go long

Good job man! I wished I had held on to my short as well.

Interesting that you use an odd moving average like 14 days. Do you think that gives you better edge as opposed to using what everyone else uses, like 20, 30, 50 days etc?