Update 11-22-2011
Guys.
I am actively trading my journal here: http://www.forexfactory.com/showthre...=1#post5156030
You're welcome to join. Thanks...
11-28-2011 By some inquires, I am re-activating this thread. I am planning to stay home until next year. Meaning, as soon as I begin teaching actively, I will be around here sometimes. As for now, let's have fun!
Ok….those who know me knows (isn’t that redundancy?) that I hate bullshit. I do what I want and I really don’t give a fuck if you either lose or win…not my problem. Pretty much my ground rules are established in the system I and II so go back and read.. Or check my defunct loser’s journal, there’s some aspects of my personality.
Just to add, I am not here to baby sit or to win a popularity contest. Not here to create a cult of followers…you come here, lay your question on the table and please leave the bullshit behind I don’t have the patience nor the time to deal with it.
Well (scratching my throat) now that we have an understanding…let the show begin.
I just quit scalping. Yeah many years of my eyes on the numbers definitely took a toll on me. Still cold turkey but improving.
I am gonna trade ..(oh yeah baby!) Support and Resistance…but let’s get something straight…
All the guru’s and their mothers are chanting like a bunch of drunken sailors how you’re “supposed” to draw correct S/R lines…….Bullshit. I say…that aint gonna make me money.
You just simply look for turning points in the past. There’s something called “zoom” in your charts and I bet if you zoom your charts out you’ll see what I am talking about.
Don’t wait for the market to “test” these turning points or you’ll be missing the bus more often than not. Just get up, shut up and trade…simple…. no need to fuck the brain into what the market will do next….
I am picking 30 minutes charts because I feel comfortable with it. You pick whatever you want. Remember on lower timeframes you’ll get more noise…It’s up to you.
I am going to stop right here and the rest of the class will be illustrated on the charts at the next post.
Stay tuned!!
PD: Please…I beg…I supplicate….don’t ask me for statistics….if you’re in to that, be my guest…probably is a good way of stay focused while you masturbate!!!
Update 03-10-2010
I don't want to be rude or anything but this is not a thread for newbies. I can't teach people how to trade(the basics). I am only here for my point of view on trading. If you're about to trade, don't ask me if this is the right time or something...go ahead and do it. Use the reasoning I lay out on this thread and make your own call. I don't teach newbies. Nothing wrong with that but there's plenty of info about the basics of trading everywhere. I can't advice anyone how, when and where to trade... Trading is an individualistic thing hence my disagreement about "fixed systems"
Just load some charts, put your trade with stops/limits etc and gives us a brief explanation about your logic behind the trade....do the work......if you do that, then I am willing to give a hand.
Another thing that truly has bugged me for a while and this is a rant...trust me
Stop this "I trade GPB/JPY because it has more pips etc bullshit....you trade out of comfort. ... or maybe time zones depending where you live....and risk tolerance. It doesn't matter of G/U has more "juice" than E/U etc. You still need to adjust your load based on your pre-determined risk. So if the daily range of G/U is wider than E/U you still are bonded on your risk. Stop chasing wild dreams...Stick to one pair and be the master of it. Stick to a time frame and be the master of it....It's about time to bring down the fucking stereotype walls on this business and begin to make money consistently.
Update 3-13-2010
I suggest you look for my older post in system I and II so you get a hang of how I think about trend trading, multiple timeframes etc.
Guys.
I am actively trading my journal here: http://www.forexfactory.com/showthre...=1#post5156030
You're welcome to join. Thanks...
11-28-2011 By some inquires, I am re-activating this thread. I am planning to stay home until next year. Meaning, as soon as I begin teaching actively, I will be around here sometimes. As for now, let's have fun!
Ok….those who know me knows (isn’t that redundancy?) that I hate bullshit. I do what I want and I really don’t give a fuck if you either lose or win…not my problem. Pretty much my ground rules are established in the system I and II so go back and read.. Or check my defunct loser’s journal, there’s some aspects of my personality.
Just to add, I am not here to baby sit or to win a popularity contest. Not here to create a cult of followers…you come here, lay your question on the table and please leave the bullshit behind I don’t have the patience nor the time to deal with it.
Well (scratching my throat) now that we have an understanding…let the show begin.
I just quit scalping. Yeah many years of my eyes on the numbers definitely took a toll on me. Still cold turkey but improving.
I am gonna trade ..(oh yeah baby!) Support and Resistance…but let’s get something straight…
All the guru’s and their mothers are chanting like a bunch of drunken sailors how you’re “supposed” to draw correct S/R lines…….Bullshit. I say…that aint gonna make me money.
You just simply look for turning points in the past. There’s something called “zoom” in your charts and I bet if you zoom your charts out you’ll see what I am talking about.
Don’t wait for the market to “test” these turning points or you’ll be missing the bus more often than not. Just get up, shut up and trade…simple…. no need to fuck the brain into what the market will do next….
I am picking 30 minutes charts because I feel comfortable with it. You pick whatever you want. Remember on lower timeframes you’ll get more noise…It’s up to you.
I am going to stop right here and the rest of the class will be illustrated on the charts at the next post.
Stay tuned!!
PD: Please…I beg…I supplicate….don’t ask me for statistics….if you’re in to that, be my guest…probably is a good way of stay focused while you masturbate!!!
Update 03-10-2010
I don't want to be rude or anything but this is not a thread for newbies. I can't teach people how to trade(the basics). I am only here for my point of view on trading. If you're about to trade, don't ask me if this is the right time or something...go ahead and do it. Use the reasoning I lay out on this thread and make your own call. I don't teach newbies. Nothing wrong with that but there's plenty of info about the basics of trading everywhere. I can't advice anyone how, when and where to trade... Trading is an individualistic thing hence my disagreement about "fixed systems"
Just load some charts, put your trade with stops/limits etc and gives us a brief explanation about your logic behind the trade....do the work......if you do that, then I am willing to give a hand.
Another thing that truly has bugged me for a while and this is a rant...trust me
Stop this "I trade GPB/JPY because it has more pips etc bullshit....you trade out of comfort. ... or maybe time zones depending where you live....and risk tolerance. It doesn't matter of G/U has more "juice" than E/U etc. You still need to adjust your load based on your pre-determined risk. So if the daily range of G/U is wider than E/U you still are bonded on your risk. Stop chasing wild dreams...Stick to one pair and be the master of it. Stick to a time frame and be the master of it....It's about time to bring down the fucking stereotype walls on this business and begin to make money consistently.
Update 3-13-2010
I suggest you look for my older post in system I and II so you get a hang of how I think about trend trading, multiple timeframes etc.
Peace
.
hmmmmm
