I had a couple of Dos Equis Ambers tonight with dinner...man that beer is fine. Beer and pizza, life is good!!
Greetings from Guanajuato, Mexico 
- Post #3,861
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- Sep 18, 2009 11:47pm Sep 18, 2009 11:47pm
- | Joined Dec 2006 | Status: AKA "Yen" | 1,654 Posts
- Post #3,862
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- Sep 19, 2009 12:10am Sep 19, 2009 12:10am
- | Joined Dec 2006 | Status: AKA "Yen" | 1,654 Posts
Flamenco . . . I'm thinking (and hoping) this was a dig at me, which I love, but I think it's missing something . . . like the punch line maybe.
Bring it on, big boy, I'm waiting for ya.
Bring it on, big boy, I'm waiting for ya.
Greetings from Guanajuato, Mexico
- Post #3,863
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- Sep 19, 2009 12:29am Sep 19, 2009 12:29am
- | Joined Apr 2007 | Status: Stupidity is expensive! | 432 Posts
Flamenco . . . I'm thinking (and hoping) this was a dig at me, which I love, but I think it's missing something . . . like the punch line maybe.
Attachment
Bring it on, big boy, I'm waiting for ya.
- Post #3,864
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- Sep 19, 2009 1:28am Sep 19, 2009 1:28am
- | Joined Dec 2006 | Status: AKA "Yen" | 1,654 Posts
Well - I've been trying to edit it for the punch line for the last hour or so but FF isn't letting me do it. Whoever the guy is, maybe he's just had way too many Negra Modelos down there in Guanajuato!
Not many are aware of it, but FF has a strict standard when it comes to jokes on the FF threads. If they're too high-brow, make sense, or are actually funny, they're automatically deleted by the FF censors . . . that's why virtually all of mine make it through.
So keep trying, my friend . . . just dumb it down and I'm sure you'll have no more problems.
Greetings from Guanajuato, Mexico
- Post #3,865
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- Sep 19, 2009 7:05am Sep 19, 2009 7:05am
- | Joined Jun 2009 | Status: Member | 91 Posts
- Post #3,866
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- Sep 19, 2009 10:45am Sep 19, 2009 10:45am
- | Joined Dec 2006 | Status: AKA "Yen" | 1,654 Posts
Attached is a summary of my trading results since the beginning of August. What amazes me, and maybe I'm grasping for straws at this point, is that I am still in profit after 5 consecutive weeks of losses and a winning percentage of only 35%. Barely in profit, agreed, but still profitable. 
My conclusion? As stated before, the saving grace of this strategy is the R:R. It may be hard to imagine for those who recently started trading this system, but if you can hang in there during this dry spell, you can make up your losses very, very quickly.
Since I started the record-keeping, I've gone through various adaptations of the strategy, and have settled on what I will be experimenting with for at least the next several weeks. With that in mind, I will start the records fresh next week, which will allow me, and any others who are interested, to see how the adaptations are working.
To summarize what I will be doing, here's my trading plan . . .
Good luck to all the coming week . . . we're due some.
My conclusion? As stated before, the saving grace of this strategy is the R:R. It may be hard to imagine for those who recently started trading this system, but if you can hang in there during this dry spell, you can make up your losses very, very quickly.
Since I started the record-keeping, I've gone through various adaptations of the strategy, and have settled on what I will be experimenting with for at least the next several weeks. With that in mind, I will start the records fresh next week, which will allow me, and any others who are interested, to see how the adaptations are working.
To summarize what I will be doing, here's my trading plan . . .
1. I will continue to trade two lots with GBP/JPY only.
2. I will take only 1 trade per week (the initial breakout). In my back test results, the overwhelming majority of second trades were losers, and the infrequent winner did not make up for the losses.
3. My SL will be based on 30-40% of the box size. I had originally said 30%, but want to leave some room for discretion. The relatively small size of the box the last 2 weeks was the impetus for that change in thinking. At any rate, my minimum SL will be 40 pips, regardless of the box size.
Another thought: If you're not interested in figuring percentages for your SL, it appears that simply setting your SL in the range of 40-70 pips would reduce your risk considerably, while still keeping you in virtually every winning trade based on back testing for 2009.
4. I will close one lot at 100 pips or TP1. Until the pair show some kind of momentum again, I will be content with 100 pips of profit (content? more like ecstatic).
Once I see some sign of a real breakout, I'll probably go back to targeting TP1 with my first lot.
5. The second lot will follow some of Danno96's suggestions i.e. moving the SL to TP1 when TP2 is reached, and moving the SL to TP3 when TP4 is reached, and then letting the trade run until close of trading on Friday.
Good luck to all the coming week . . . we're due some.
Greetings from Guanajuato, Mexico
- Post #3,867
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- Sep 19, 2009 11:39am Sep 19, 2009 11:39am
- | Joined Dec 2006 | Status: AKA "Yen" | 1,654 Posts
To My Buddy(?) in the Deep South
Wrenski . . . I thought we were friends.
Imagine my surprise when I found out you and a buddy went big-game huntin' down in your neck of the woods without inviting me.
It's a good thing I happened to read about it in the Guanajuato Times. Man, Wrenski, that looks like a trophy winner to me.
Next time, don't forget me, bud. I'll bring along Bonita, Ramona, and Catalina . . . all your favorites.
I know how much you enjoy a good huntin' trip with just the beer, the boys, and the burros.Sincerely,
Yen
Your friend in the Deeper South
Greetings from Guanajuato, Mexico
- Post #3,869
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- Sep 19, 2009 1:48pm Sep 19, 2009 1:48pm
- Joined Jul 2007 | Status: 33 y/o Investor/Trader/Programmer | 5,016 Posts
- Post #3,870
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- Sep 19, 2009 1:54pm Sep 19, 2009 1:54pm
- | Joined Dec 2006 | Status: AKA "Yen" | 1,654 Posts
Wow, I don't know where you guys get these pictures, but I figure I'd add my own. I found yen's burro giving me the look.
NNNDDNDDDNNDDNNDNNNDDNDNNNNNNNNNNNNDNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN
NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN
NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN
NNNNNNNNDNNNNDNDNDNNNDNNDDDDDDNDDNNDDNDNDDNDDDDDNDND8D888DDDDDNDDDDDNNNDNDNDDNNDDDNDDDNDNDNNNDNNDDDN
DDDDDDDDDDDDDDDDDDDDDDDDDDDD88OD8DDDDDDDDDDDDDDDDDD8DDNDND8DDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD
8D8DD8DDD8DDD8...
Greetings from Guanajuato, Mexico
- Post #3,871
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- Sep 19, 2009 2:09pm Sep 19, 2009 2:09pm
Very nice RR! The upside is, you didn't lower yourself down to our level and just Google a burro picture, you had your computer team make one.
Very original
Very original
- Post #3,873
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- Sep 19, 2009 2:11pm Sep 19, 2009 2:11pm
- | Joined Dec 2006 | Status: AKA "Yen" | 1,654 Posts
Very nice RR! The upside is, you didn't lower yourself down to our level and just Google a burro picture, you had your computer team make one.
Very original
Greetings from Guanajuato, Mexico
- Post #3,874
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- Edited 4:22pm Sep 19, 2009 2:12pm | Edited 4:22pm
- | Joined Dec 2006 | Status: AKA "Yen" | 1,654 Posts
Yen - I see you added to your signature and you added a note from your doctor. The note is most appropriate.
Greetings from Guanajuato, Mexico
- Post #3,876
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- Sep 19, 2009 2:15pm Sep 19, 2009 2:15pm
- | Joined Dec 2006 | Status: AKA "Yen" | 1,654 Posts
RR's art is like a Monet...you have to move back a certain distance from your screen to appreciate all of it's beauty.
Greetings from Guanajuato, Mexico
- Post #3,877
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- Sep 19, 2009 5:16pm Sep 19, 2009 5:16pm
- | Joined Nov 2007 | Status: Addicted and proud of it! | 174 Posts
More like a Merlot, I thought . . . you have to get closer and gulp to appreciate all its beauty.
Laughter is the best medicine.
Addicted and proud of it!
- Post #3,878
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- Sep 19, 2009 10:47pm Sep 19, 2009 10:47pm
- | Joined Dec 2006 | Status: AKA "Yen" | 1,654 Posts
You guys are killing me.....
Laughter is the best medicine.
I was serious, man.A friend recently sent me some interesting information, which I'm glad to share with my fellow traders . . . here, friends, is the irrefutable logic for having a glass of wine or beer . . .
Ben Franklin said:
In wine there is wisdom,
In beer there is freedom,
In water there is bacteria.
In a number of carefully controlled trials,
Scientists have demonstrated that if we drink
1 liter of water each day,
At the end of the year we would have absorbed
More than 1 kilo of Escherichia coli, (E. Coli) -
bacteria found in feces.
In other words, we are consuming 1 kilo of poop.
However,
We do NOT run that risk when drinking wine & beer
(or tequila, rum, whiskey, or other liquor)
Because alcohol has to go through a purification process
Of boiling, filtering and/or fermenting.
Remember . . .
Water = Poop 
Wine & Beer = Health 
Therefore, it's better to drink wine or beer and talk stupid,
Than to drink water and be full of crap.
Greetings from Guanajuato, Mexico
- Post #3,879
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- Sep 19, 2009 11:50pm Sep 19, 2009 11:50pm
You took my post as a joke???
Therefore, it's better to drink wine or beer and talk stupid,
Than to drink water and be full of crap.
Just a hello..
- Post #3,880
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- Sep 20, 2009 12:01am Sep 20, 2009 12:01am
- | Joined Dec 2006 | Status: AKA "Yen" | 1,654 Posts
Nice thought, As french Tahitian guys, I can't say more truth..
Just a hello..
What kind of restaurant do you have? Do you deliver?
Greetings from Guanajuato, Mexico