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Lucky Spike System

  • #81
  • Dec 13, 2010 5:37am Dec 13, 2010 5:37am
Quoting dragan53
aud usd is hiitng the resistance line,eur usd surpassed the pivot,aud eur usd usually go in the same direction but the euro passing the pivot by a sllight bit and aud usd staying under resistance,i dont where its gonna go,but im in eurusd long,and usdjpy short
my cci indi confirms the usdjpy short
So you gonna take us all out to dinner?
  • #82
  • Dec 13, 2010 5:38am Dec 13, 2010 5:38am
heres my openbook check out my trades,and the tradestory if u want to see my entry and exit
http://openbook.etoro.com/Users/Prof...=24112920#Main
  • #83
  • Dec 13, 2010 5:39am Dec 13, 2010 5:39am
Meanwhile back at the pound..
Signs of life.
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  • #84
  • Dec 13, 2010 5:40am Dec 13, 2010 5:40am
Quoting jiva34
So you gonna take us all out to dinner?
sure ,when i make more than 50k enough to move to europe maybe,ehehe and hopefully we can all meet one day in coming years as succesfull day traders

group hug guys
  • #85
  • Dec 13, 2010 5:43am Dec 13, 2010 5:43am
Quoting jiva34
Meanwhile back at the pound..
Signs of life.
just the common retracement
Hero calls followed by margin calls...
  • #86
  • Dec 13, 2010 5:48am Dec 13, 2010 5:48am
Quoting dragan53
heres my openbook check out my trades,and the tradestory if u want to see my entry and exit
http://openbook.etoro.com/Users/Prof...=24112920#Main
Impressive trading record...
  • #87
  • Dec 13, 2010 5:52am Dec 13, 2010 5:52am
the high stop loss strategy i was thought by a trader who used to make $40 000 a week ,and always used to come 1st in etoro challenge,but now hes stopped being a money machine,i dont know what happened to him,now he doesnt make any good trades anymore ,hes going against his strategy that hes said in his interview,he takes 400x leverage....in the interview he mentioned taking 50 leverage,but thats a lesson for us to learn,dont break the rule!

http://www.etoro.net/traders-insight...fit-14283.html

have a look at his job,quality risk manager,what more do u need in forex than that,and now thats a trading personality
  • #88
  • Dec 13, 2010 5:53am Dec 13, 2010 5:53am
whats more impresive is that my profit coudlve been 100 pips now not 50,but me braking my rules,took only 50
  • #89
  • Dec 13, 2010 6:06am Dec 13, 2010 6:06am
hey jiva thanks for follow on etoro ,did u just make the account?
wouu how cool im coming 10th in the weekly challlenge,yeaaa
http://openbook.etoro.com/Rankings/
  • #90
  • Dec 13, 2010 6:11am Dec 13, 2010 6:11am
why is the euro having such a rally ?
  • #91
  • Dec 13, 2010 6:52am Dec 13, 2010 6:52am
Sometimes just lucky...
Learned a lot on that one..
be careful to observe support and resistance, always!
make sure the event doesn't have more than one installment.
Keep the stop in place and don't jump out because it looks like.......
stay with the strategy... why I entered, why the stop is where it is, why the limit is where it is...
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  • #92
  • Dec 13, 2010 6:53am Dec 13, 2010 6:53am
Now let's see what other mischief I can get into.
NY opens momentarily...
  • #93
  • Dec 13, 2010 7:06am Dec 13, 2010 7:06am
Quoting dragan53
the high stop loss strategy i was thought by a trader who used to make $40 000 a week ,and always used to come 1st in etoro challenge,but now hes stopped being a money machine,i dont know what happened to him,now he doesnt make any good trades anymore ,hes going against his strategy that hes said in his interview,he takes 400x leverage....in the interview he mentioned...
The psychology cannot be ignored. Sometimes being success is too much to maintain. Like a criminal who gets out of prison and doesn't know what to do with their freedom. Back into prison they go. They know how to deal will prison life.

So being successful and having more than enough money is bewildering to some people, they don't know what to do in that situation. So they end up back in debt again. That is something they are very familiar with.

I am certain this has much to do with why traders lose. Not just how good are the technicals of a strategy. But what to do with success?
The psychology of winning.
  • #94
  • Dec 13, 2010 7:16am Dec 13, 2010 7:16am
Hello Jiva34!
Thanks for share this sys. Where can I get the 2 Pdf files you mentioned at the beginning.
Regards
  • #95
  • Dec 13, 2010 7:45am Dec 13, 2010 7:45am
r2 in audusd,anyone wanna have a guess,if its gonna bounce back or go through?

i reckon through until next week with bounces ,the move wasnt done by huge volume as the volume indi says,but who knows in the forex the volume isnt calculated fully

as im writing this its already breaking,

http://img146.imageshack.us/img146/3861/chstty278.gif
  • #96
  • Dec 13, 2010 8:24am Dec 13, 2010 8:24am
Quoting dragan53
r2 in audusd,anyone wanna have a guess,if its gonna bounce back or go through?

i reckon through until next week with bounces ,the move wasnt done by huge volume as the volume indi says,but who knows in the forex the volume isnt calculated fully

as im writing this its already breaking,

http://img146.imageshack.us/img146/3861/chstty278.gif
Should have checked the thread... got AUDUSD all wrong...
The strategy is still new to me too.
the strategy clearly pointed to long as the open of NY, but I guess I was stuck in a time warp or something, and looked at the 3 candles earlier and saw a pullback below resistance.
But market open showed a continuation to the upside..
Got burned.

Made a few back on USDCHF...
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  • #97
  • Dec 13, 2010 10:46am Dec 13, 2010 10:46am
Huge moves today. Traders who got it right made zillions.
Someday.
There I stood with my +12.4 pips.
  • #98
  • Dec 13, 2010 1:14pm Dec 13, 2010 1:14pm
Quoting jiva34
Huge moves today. Traders who got it right made zillions.
Someday.
There I stood with my +12.4 pips.
Your pips are consistent. I wonder if the ones who get the big moves can say the same.

Nice scalping method! I think I will try it.

Thanks jiva!
Could it be Man is trying to be something without knowing they're complete?
  • #99
  • Dec 13, 2010 4:39pm Dec 13, 2010 4:39pm
Quoting jiva34
Huge moves today. Traders who got it right made zillions.
Someday.
There I stood with my +12.4 pips.
december
  • #100
  • Dec 13, 2010 10:38pm Dec 13, 2010 10:38pm
Quoting Numb3rs
Your pips are consistent. I wonder if the ones who get the big moves can say the same.

Nice scalping method! I think I will try it.

Thanks jiva!
Thanks, bud for the thumbs up.
I'm just trying to stay with a strategy, no matter what else happens in the market. The strategy doesn't tap into big moves, up or down..
So yes, consistent is the goal...
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