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- Arete replied May 2, 2014
Nice. Closed UJ for +50, maybe should of left some running. Today is a good day
- Arete replied Mar 28, 2014
Surly being months end, a Friday and after a massive uptrend, this is just profit taking.. Sunday night/Monday morning will show proper direction, either a continuation or correction. May be a good scalp though.
- Arete replied Mar 27, 2014
+60 on GU, all with a 7 pip stop Im far to happy right now.
- Arete replied Mar 26, 2014
If 169.70 goes i see plenty of space upwards, Depends on GU channel holding though. Will look for re entry at a lower price.
- Arete replied Mar 26, 2014
As have I, he re installed confidence in 4hr for me, i spent far to long working on 1hr when 4hr was less time consuming and "simpler" Ok i shall bare that in mind in future on faster moving pairs and give them more space, mentality is still my ...
- Arete replied Mar 26, 2014
Like an idiot i took profit at yesterdays high after entering the same time as you Also, it retraced by what 50 pips or so, what made you not move to BE? Im still having slight trouble letting trades ride. She could go to 171.8 or so, ...
- Arete replied Mar 19, 2014
I just joined the party, 0800 candle. Went in on EJ also. Whats your final TP on UJ 10250?
- Arete replied Mar 18, 2014
If you zoom out you will realize why your trades failed, especially AU/NU shorts, NU is getting close to an all time high, and it a massive uptrend, AU is on the brink of the 913 level. TMS is a great 4hr system/method, however basic understanding ...
- Arete replied Mar 18, 2014
Yes i have that trend line also from the bottom anyway, Will wait and see i guess, im not convinced as of yet, mostly due to GU seems slightly bearish and UJ needs this level to hold, we shall see
- Arete replied Mar 18, 2014
I personally don't really like the look of the set up, itl be a large stop by the time it develops for our 00.00 candle and GU/UJ arn't clear at the moment, think ill skip that one and look for a better set up Also, i PM'd you As33..
- Arete replied Mar 18, 2014
Shame GU broke to the downside, considering it was a slightly risky trade, so against the daily trend, it could of been worse. I chose AJ short at LO bar, currently +10
- Arete replied Mar 17, 2014
Im Also in that UJ trade, 20 hours and it finally moves Regarding your GBP/NZD trade I see more upside/range for NZD/USD and GU is a messy range. I personally cannot wait to long GBP/NZD and Short NZD/USD, however i fear there may be downside to ...
- Arete replied Mar 14, 2014
There is bearish divergence on 4hr, go to 1hr and youl find bullish divergence, Don't trust divergence too much, its a great tool, but price ignores it constantly. For me, i expect NU to be retesting 86.7, and possibly 8850 region, Monthly is ...
- Arete replied Mar 14, 2014
This is untrue on so many levels. N/U is in a massive uptrend, clearing all channel tops and resistance areas on the way up, TMS 4HR is effectively picking tops/bottoms, there have been many opportunities with 4hr TMS to hop on the train and ride it ...
- Arete replied Mar 13, 2014
Every trader feels the pressure to close when there is good pips on the table, especially when over 100. Try having more than one position, i personally like 1:1 RR on the 1st position, and 1:2 RR on the second, leaving a 1:5 RR overall on each ...
- Arete replied Mar 13, 2014
Nice! I managed to get on the AJ train for +156 across 2 positions. AJ/GJ/GU/EA were all good set ups yesterday, thats the wonderful thing about TMS, be picky on 4hr, 2/3 good trades a week and leave the rubbish to 1m scalping systems. Also, GO ...
- Arete replied Feb 26, 2014
Feelsbadman. I got +30/+40 on NU on Monday, and a couple of scalp trades, Market is terrible. Best to not trade tbh.
- Arete replied Feb 11, 2014
China trade balance for January: $ 31.9bn (vs. expected +$23.45bn)
- Arete replied Feb 5, 2014
It seems im the only trader stupid enough to still be trading EJ not GJ... Went short at the close of this pullback bar this morning (15m) Half position closed at 1x RR Half closed at 2 x RR
- Arete replied Feb 3, 2014
As Being a professional Dummy isn't always easy.. I shall share my exploits in this dat dem der thread. Wdays forced me into the evil EJ trade, he's a wizard, don't you know.