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- BIL2205 replied Jan 5, 2009
Happy New Year — Happy New Year everyone. Here is a trade i just did.+10pips. Bounce off trend line, Moving averages had opened up + TC. Only thing was that SMA angle was below zero so did not get greedy. Wish you all lots of pips this year. ...
- BIL2205 replied Jan 2, 2009
Happy New Year! — Happy New Year Everyone. May you all have a Healthy, Safe & Prosperous Year Ahead and Make some wise pips . Nadia .
- BIL2205 replied Sep 24, 2008
EUro TC — I saw that TC on my Alapri demo account. which has same candle time as MIG. Reason i did not it was because the TC was formed on a break out candle on the 1 hour and we have to wait for a retracement and move away cpnfirmation . I ...
- BIL2205 replied Sep 24, 2008
GU — Hi Phillip. I dont have a signal TC on my 4 hour GU yet however there is a weekly trend line where price is now. The first chart is the 4 hour . Notice how price is uncertain around it mostly with resistance. The second chart shows the ...
- BIL2205 replied Sep 22, 2008
I think this is really valuable information to learn from. Thanks.
- BIL2205 replied Sep 22, 2008
Feedback — Hi Willem, Thanks for the feed back, Always appreciated. The hard part of trading is to make a decision IN THE MOMENT And that comes with practice. The set up that i took on GU was taken with the notion that it could be the start of ...
- BIL2205 replied Sep 22, 2008
Gu trade — Hi I took that set up for only 9 pips in my live account with 1 mini lot becauseof the same reason , ...late in the day . i felt like that too. But that is part of the business. I had another trade today which hit ...
- BIL2205 replied Sep 18, 2008
Hello , i actually took that set up on my DEMO platform becuase i am learning to let a trade run. Demo trade = emotionless trading. But seeing the results helps gain confidence. My entry was on the 1200 candle . I was waiting for bullish indication ...
- BIL2205 replied Sep 18, 2008
Practice ! — Here is a good article i found on FF, i hope it is ok to post it here, Focuses on what Phillip tells us over and over again is to PRACTICE , PRACTICE PRACTICE. url
- BIL2205 replied Sep 18, 2008
My pleasure. . I have learnt so much from you all. i think because of you, emarco, mkain and other die hard followers { you know who you are }of this strategy i came back to it few months ago. It is easy to give up but hard work and consistancy ...
- BIL2205 replied Sep 18, 2008
Good Morning everyone. this is what i just woke up to . Couple of good entries on euro. Hope some of you took them. Lets see what the rest of the day brings.
- BIL2205 replied Sep 17, 2008
gu — Gu has touched the top trend line. if price pulls back and gives a nice set up to go long, next target could be 200sma. price could retrace to the 1.8015 area more or less. where there is trend line and horizontal supp/res line is ...
- BIL2205 replied Sep 17, 2008
Also 3 moving averages coming together, 8/21/89 ( GUand EU,) this is when price gets all tangled up with the moving averages. Looking for clear direction. once it finds that it will rhythm time again. that is part of the rhythm of the price you have ...
- BIL2205 replied Sep 17, 2008
Thankyou for explaing the trade in detail .You are right about the moving averages, I was cautious about taking profit since Moving averages were still all tangled up. And very imp to remember the rule PRICE ABOVE 50 SMA FOR LONG & BELOW ...
- BIL2205 replied Sep 17, 2008
break out trade — Here is a break out trade i just did first i open 2 lots at the signal bar with the tail closed both at BE at the next bar because of its tail on top. the very next bar was again bullish so i enter again with 2 mini lots. ...
- BIL2205 replied Sep 17, 2008
Thankyou Phillip. — Thankyou Phillip for the detailed teaching. Always appreciated. You have made some valuable and specific point points as to What to look for before deciding to close the trade or letting it run. ( managing profit and loss) ...
- BIL2205 replied Sep 16, 2008
close with minor loss — Hello Phillip. i relly like this MP3 .Especailly because it touches on a topic which i am guilty of quite a few times and still struggle with and that is to close with a minor loss. I see on your chart where you could ...
- BIL2205 replied Sep 16, 2008
Hi Bshadroo , nicely spotted. I just did a trade on GU, for 15 pips. same thing like you mention in Euro. I guess it is possible to trade a certain set up if we narrow down to a specific zone, However i was talking generally how the market is ...
- BIL2205 replied Sep 16, 2008
watching euro and staying out — just a quick current snap shot of euro . a perfect picture of WHEN NOT TO TRADE in my opinion.
- BIL2205 replied Sep 16, 2008
Bshadroo — Hi. If i may give my humble opinion. I know it is always easy to comment later after the trade but i think the usd/jpy was not a very smooth set up the candles right before the signal candle were too erratic and too many in the side ...