- Search Forex Factory
- 39 Results
- kcravey replied Oct 12, 2010
Graeme quote of the day — Printed off Graeme's posts and was rereading them this morning. Here is something to remind ourselves while we wait on him that we haven't really touched on: July 9, 2010 "For me, monthly trend is the main trend. I ...
- kcravey replied Oct 4, 2010
Totally agree! Graeme is big about "go with the flow", "participate". He mentions multiple entry methods - whatever works for you - just get a scout out to the field to battle for you. I also agree with the small positions. If you take a ...
- kcravey replied Oct 1, 2010
Kevin - that is EXACTLY what I always thought! I always thought I was too late to catch the trend and would always try to catch the retracement or the trend changing down. That was my problem! But Graeme says over and over --- you are never too ...
- kcravey replied Oct 1, 2010
Like Graeme says, go with the big picture - the main trend. If the weekly trend shows up - buy up. If it shows down - sell. What is today's high can be tommorrows low. I am TOTALLY excited about this! I've got it! My sincere thanks to Graeme for ...
- kcravey replied Sep 30, 2010
floating profit is not allowing more positions on my us demo. I have positions now at +700 (5 days running now) on my 10k account and no more trades are allowed. I will have to close those (that could reach 10K!!!!) to add to my capital and then ...
- kcravey replied Sep 30, 2010
US demo account practice — I have opened two US demos to practice using the US accounts with this strategy since I will be forced to close UK accounts by the 18th. I do not understand how FIFO helps me at all. I have good trades I would ...
- kcravey replied Sep 27, 2010
Thanks for sharing that - very interesting. And awesome new perspective: "ENJOY being wrong but ONLY for 10 pips" ha ha! Love that! I will now work on "enjoying" being wrong but ONLY for 10 pips!
- kcravey replied Sep 23, 2010
Risk:reward 1:Infinity — Hey Vee, In reference to the 80 pip take profit- How about instead of entering a take profit value and killing your loyal hard working pip soldier, you lock it in at 80 pips? Then set a trail stop of xx pips to follow ...
- kcravey replied Sep 21, 2010
Very interesting point. I thought about that also. For simplicity sake since it was 10 not 11 it could technically stay open. In reality though, Breakeven would have to include the ever-variable spread also. For another test, we could somehow ...
- kcravey replied Sep 21, 2010
For a tight stop loss, right above the opening of the candle. I can see it especially on the daily candles. The opening is usually good for about 50+ pips.
- kcravey replied Sep 21, 2010
I'd like to see that again only where you don't exit if its a win and going for the infinite yield. From January until now - every hour candle... how many "soldiers" would we have battling for us??? Or lets say daily candle- how many would still be ...
- kcravey replied Sep 20, 2010
laugh all you want.. but have you ever tried to get out of a trade during a crisis? Have you ever noticed the slippage on a stop loss just during a minor news event? All the platforms will freeze up during a server overload. Your stops are usually ...
- kcravey replied Sep 20, 2010
Graeme, SOOOOO glad to see you back! You are like a breath of fresh air!
- kcravey replied Sep 20, 2010
ahhh, well said! Comparing trading to the coin toss scenario: (something Graeme suggested we all do earlier on - here is my documented coin toss and emotional thinking along with it) Cost: 10 pips per coin toss if the coin is heads up, ...
- kcravey replied Sep 19, 2010
My opinion is that money in the forex account is money at risk. The trading philosophy posted here is exactly what I was doing back in 08. I built my account up to crazy numbers within a short period of time. The crash of 08 ignored all my stops and ...
- kcravey replied Sep 16, 2010
Nice job! $21K - Not too shabby for a few weeks worth of work!
- kcravey replied Sep 12, 2010
completely agree. I believe this thread is very important and would hate to see it disappear due to lack of recent posts from Graeme.
- kcravey replied Sep 10, 2010
aww, I was (kinda) kidding. I'm competitive by nature. Seeing live results like that pushes me to get rid of my 2-30-100 pip mentality. I think others seeing that it CAN BE DONE and it is REALLY being done by other traders would encourage them. i ...
- kcravey replied Sep 10, 2010
I say we start a contest and see who wins the monthly "pip soldier/leg" award! Monthly Winner gets a voucher from Graeme. So lets start now - but we have to start fresh. So, close all those and start over, so its fair
- kcravey replied Sep 10, 2010
Showing the one's you've held for two days makes me sickkkkkkkkkkkkkkkk - I see the retracement coming and think "SWING!" I think it's good for those holding to show your numbers on your account - makes the rest of us sick who ...