I am a fallible imperfect person; so I must be a fallible imperfect trader.
- Post# 9,442
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- Feb 13, 2013 5:02am
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- realjumper Joined Feb 2009 | 11,262 Posts | Status: Hasta la victoria siempre - El Che
Doing what you like is freedom. Liking what you do is happiness.
- Post# 9,443
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- Feb 13, 2013 5:10am
- itsallover Joined Jan 2011 | 1,052 Posts | Status: These are the wrong sort of bees ..
Congrats !!
Stochastics R:rockon:ck!
- Post# 9,444
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- Feb 13, 2013 5:18am
I am a fallible imperfect person; so I must be a fallible imperfect trader.
- Post# 9,445
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- Feb 13, 2013 5:23am
- itsallover Joined Jan 2011 | 1,052 Posts | Status: These are the wrong sort of bees ..
Yes, but you are taking all the rights steps !!
I spent far too long educating myself, but it is paying dividends now.
I guess that came from my previous professional backround
I really like your strategy of using the pull-back of the stochs to enter a trade and detect fake-outs. Those two items are well worth a Forex Grammy
Stochastics R:rockon:ck!
- Post# 9,446
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- Feb 13, 2013 5:27am
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- realjumper Joined Feb 2009 | 11,262 Posts | Status: Hasta la victoria siempre - El Che
Doing what you like is freedom. Liking what you do is happiness.
- Post# 9,447
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- Feb 13, 2013 5:27am
I am not telling you to teach basic to the members of this forum but the right money management techniques and your trading style with this system as you are the most oldest member of your system and you can show the right trading style to use this system.
And, this is not for me but for the most of the traders who are facing the problem to execute a system correctly.
mazprofx.
Even if RJ should write down "HIS" own rules and gave them to 10 traders they would achieve completely different outcomes. Some of them would be profitable and some would wipe out their account.
Every one has to find his own way and this is different for each of us...... when you will understand this you will be a step ahead.
ciao
wiz
- Post# 9,448
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- Feb 13, 2013 5:31am
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- realjumper Joined Feb 2009 | 11,262 Posts | Status: Hasta la victoria siempre - El Che
Doing what you like is freedom. Liking what you do is happiness.
- Post# 9,450
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- Feb 13, 2013 5:36am
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- realjumper Joined Feb 2009 | 11,262 Posts | Status: Hasta la victoria siempre - El Che
Doing what you like is freedom. Liking what you do is happiness.
- Post# 9,451
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- Feb 13, 2013 5:49am
Yep...pesky SL sweeping going on there. Never mind....stopped at +1 is ok. It's always a risk holding a trade through high impact news
I will be ready for next time.
"As a trader you have the luxury of doing nothing."
- Post# 9,452
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- Feb 13, 2013 6:04am
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- realjumper Joined Feb 2009 | 11,262 Posts | Status: Hasta la victoria siempre - El Che
I see I wasn't overoptimistic where I had my TP.......
Edit: That should have been S1 and S2...not the Pivot and S1
Doing what you like is freedom. Liking what you do is happiness.
- Post# 9,453
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- Feb 13, 2013 6:09am
My plan was to see what happened at the Pivot, and if the PA continues I would scale in another trade and head for S1. The plan was good, the SL sweep was a bit more brutal than I expected. Such is life.....I lost nothing (+1 lol) so on to the next one
Top of my white board says don't chase price but I admit to be like a dog wanting to chase that car at present.....
ruff ruff!
"As a trader you have the luxury of doing nothing."
- Post# 9,454
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- Feb 13, 2013 6:11am
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- realjumper Joined Feb 2009 | 11,262 Posts | Status: Hasta la victoria siempre - El Che
Yes, I lost 2 pips slippage but my intent was if it looked like a good downer to shift TP below pivot but it all went a little too fast for that ...lol
Top of my white board says don't chase price but I admit to be like a dog wanting to chase that car at present.....
btw.....check your mail
Doing what you like is freedom. Liking what you do is happiness.
- Post# 9,455
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- Feb 13, 2013 6:42am
Why thankyou!
I really like your strategy of using the pull-back of the stochs to enter a trade and detect fake-outs. Those two items are well worth a Forex Grammy
There are a lot of gems in it.
I once read, you want to look for a sell on a lower TF, while strong buy conditions on a HTF.
Another term for it is "Liquidity Freeup", shaking out all the tight stops, before a big move.
EJ showed it perfectly, before the recent move.
I waited for the break of DP, only 25 pips but I had strong signals
I am a fallible imperfect person; so I must be a fallible imperfect trader.
- Post# 9,456
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- Feb 13, 2013 6:43am
Cheers RJ, I'm heading off to bed and looking forward to more exitement 2moro. Thanks for all the help and I'm trying to catch up to Marty on the Fundamental stuff - I do know about the G7 and even the G20 and hope they all make announcements soon....
"As a trader you have the luxury of doing nothing."
- Post# 9,457
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- Feb 13, 2013 6:47am
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- realjumper Joined Feb 2009 | 11,262 Posts | Status: Hasta la victoria siempre - El Che
Cheers RJ, I'm heading off to bed and looking forward to more exitement 2moro. Thanks for all the help and I'm trying to catch up to Marty on the Fundamental stuff - I do know about the G7 and even the G20 and hope they all make announcements soon....
Doing what you like is freedom. Liking what you do is happiness.
- Post# 9,458
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- Feb 13, 2013 6:55am
- itsallover Joined Jan 2011 | 1,052 Posts | Status: These are the wrong sort of bees ..
Wow someone is reading this thread thoroughly !! Impressive.
There are a lot of gems in it.
I once read, you want to look for a sell on a lower TF, while strong buy conditions on a HTF.
Another term for it is "Liquidity Freeup", shaking out all the tight stops, before a big move.
EJ showed it perfectly, before the recent move.
I waited for the break of DP, only 25 pips but I had strong signals
Another gem fer sure! Thanx Marty
I'm just going to spend a few minutes digesting this post ... or hours even lol ... knowing me
Stochastics R:rockon:ck!
- Post# 9,459
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- Feb 13, 2013 7:49am
ECB just quoted as saying Euro strength will hurt recovery in crisis states.
Well fancy that, that is astonishing !!
Well fancy that, that is astonishing !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
- Post# 9,460
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- Feb 13, 2013 7:50am
And Euro tanks 
I am a fallible imperfect person; so I must be a fallible imperfect trader.
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