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Tenno system

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  • Post #441
  • Quote
  • Sep 2, 2007 10:55pm Sep 2, 2007 10:55pm
  •  dunlop432
  • | Joined Mar 2007 | Status: Member | 43 Posts
CT?-Anybody? heard from Jogjatrader?

Seems like he just vanished. He said he was going to have some 'extras'.
 
 
  • Post #442
  • Quote
  • Sep 2, 2007 11:22pm Sep 2, 2007 11:22pm
  •  currencytrader
  • | Joined Aug 2006 | Status: Member | 267 Posts
Dun,

when I logged on to answer John's question, I saw that Jogjatrader was also logged on.

So, he's on here and was just probably checking his thread to see the posts.

He and I email each other and he's a very busy person. He runs a language school and has a wife and one daughter.

So, he's busy enough. Maybe he'll post when he creates more time to do so. If he's too busy to post during the week, maybe he can post on the weekend or something.

But, I promise you he's anything but dead..hehe

CT

Quoting dunlop432
Disliked
CT?-Anybody? heard from Jogjatrader?

Seems like he just vanished. He said he was going to have some 'extras'.
Ignored
 
 
  • Post #443
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  • Sep 3, 2007 1:27am Sep 3, 2007 1:27am
  •  currencytrader
  • | Joined Aug 2006 | Status: Member | 267 Posts
guys,

be prepared for a good move to form due to this consolidation that we're now witnessing.

I have already sold mkt at 2.0164 level and due to already scoring 30 pips from the gbp/jpy asian session, I will have a 10 pip stop loss at 2.0174 level so it's not a big deal to me.

But, the market could go down...

CT
 
 
  • Post #444
  • Quote
  • Sep 3, 2007 1:29am Sep 3, 2007 1:29am
  •  currencytrader
  • | Joined Aug 2006 | Status: Member | 267 Posts
folks,

Even if I loose on this small trade, I'll still have 20 pips profit for the day; so no matter what, I'll be profitable for the day.

Let's see what happens..

CT
 
 
  • Post #445
  • Quote
  • Sep 3, 2007 1:55am Sep 3, 2007 1:55am
  •  currencytrader
  • | Joined Aug 2006 | Status: Member | 267 Posts
gang,

I had a small 2 pip loss at the 2.0162 level due to a minor support area that was hit.

I'll take that small loss and now I have 28 pips for the day profit as a total...

No big deal and no sweat off of my eyebrow. Don't try what I just did at home because it's a dangerous trade. Consolidations can be good for you if you already have a good amount of pips already from the market. But, don't try to trade a consolidation without any backup pips for you to rely on because the market can go either way on a consolidation...

CT
 
 
  • Post #446
  • Quote
  • Sep 3, 2007 2:02am Sep 3, 2007 2:02am
  •  currencytrader
  • | Joined Aug 2006 | Status: Member | 267 Posts
folks,

get ready for a trade because the market just heated up to the upside and it will soon give a good signal for some profits...

be prepared...

ct
 
 
  • Post #447
  • Quote
  • Sep 3, 2007 2:23am Sep 3, 2007 2:23am
  •  pipsmike
  • | Joined Aug 2007 | Status: Member | 35 Posts
Hi CT,

I've already enter short at 2.0180 tp 2.0170 . Still learning ....

but I think the market is still confuse where to go ... right?

Mike
 
 
  • Post #448
  • Quote
  • Sep 3, 2007 2:30am Sep 3, 2007 2:30am
  •  currencytrader
  • | Joined Aug 2006 | Status: Member | 267 Posts
Mike and everyone else,

At 2am central time/3am EST the market gave off a doji after the big upcandle which closed below 20% william.

The next candle was a 'hangman' followed by another 'hangman' !! At 2:20am CT/ 3:20 EST there was an 'up' confirmation candle stating that the market still has room to go up.

You have to see the market for what it is trying to tell you.

Based on those 3 candlesticks and the confirmation candle and what they truly mean, the market could still go up folks..

I bought at 2.0181 and am about to get out of the market now around 2.0199 level or whatever level I hit the button at when I end this message..

CT




Quoting pipsmike
Disliked
Hi CT,

I've already enter short at 2.0180 tp 2.0170 . Still learning ....

but I think the market is still confuse where to go ... right?

Mike
Ignored
 
 
  • Post #449
  • Quote
  • Sep 3, 2007 2:39am Sep 3, 2007 2:39am
  •  currencytrader
  • | Joined Aug 2006 | Status: Member | 267 Posts
Folks,

Watch what the market is telling you and DON'T go with your so called gut feeling.

I just exited at 2.0201 level. Remember, I bought market at 2.0181 level folks and just exited for a whopping 16 pip profit.

I'm done for the night and my overall profits for both the asian session(I traded the gbp/jpy) and the european session(gbp/usd) is
28 pips + 16 pips= 42 pips for the day.

I'm not complaining....

The market started consolidating at 12:50am ct/1:50am EST and I knew the market would go one way or the other. At 1:25am CT the market jumped up and I knew that it could continue up but waited to get out of the market with a small 2 pip loss.

I acted quickly after the market heated up to the upsided and saw the candlesticks that told me that the market was headed higher and I acted on what the market was telling me.

Sometimes, visual learning is more difficult than mental learning, but once you get that out of the way, when it comes to real world trading, it's all ice cream and cake.

Now, for those on the dumb money side, I want you to see what the market was trying to tell you with those candlesticks. It's all very simple once you get your visual learning down.

Well, time to get some shuteye folks. It's been a great day for me, but a terrible day for the dumb money who went home crying to momma with a bag of ice on both eyes from the black-eye affect

O.k, all jokes aside; learn from whatever mistakes you just made and correct it tomarrow during european session.

Have a great night,

CT
 
 
  • Post #450
  • Quote
  • Sep 3, 2007 2:54am Sep 3, 2007 2:54am
  •  currencytrader
  • | Joined Aug 2006 | Status: Member | 267 Posts
Pat,

How did you do in the market?

By the time you see this message, I'll be logged off, but I'll chat with you tomarrow man.

Everyone, have a great night. And, most of all, learn from your mistakes and don't make the same mistakes twice..

I'm outta here..

CT
 
 
  • Post #451
  • Quote
  • Sep 3, 2007 6:27am Sep 3, 2007 6:27am
  •  pipsmike
  • | Joined Aug 2007 | Status: Member | 35 Posts
Hi CT,

I got lucky the market didn't went up ahead and retrace back ...
still got that 10 pips ... pheeww ...

I still have to learn read the candlestick ...

Good luck to all of you and happy trading

mike
 
 
  • Post #452
  • Quote
  • Sep 3, 2007 10:01am Sep 3, 2007 10:01am
  •  currencytrader
  • | Joined Aug 2006 | Status: Member | 267 Posts
Mike,

Well, I'm glad you got 10 pips. But, I want you to keep concentrating on learning to read candlesticks for the Gbp/usd currency pair. I don't want you to keep 'getting lucky' because luck is going to run out at some point and all you'll have left is your ability to trade the market or your ability to not trade the market. That's why I want you to keep working on getting rid of luck and gaining visual learning experience through observation and real time trading.

I'm fluent in 3 currency pairs; the gbp/usd, the eur/usd, and the gbp/jpy. I know what candles work in those particular currency pairs. I can read them like a book.

But, I do want to congratulate you on those 10 pips. Good going...


CT


Quoting pipsmike
Disliked
Hi CT,

I got lucky the market didn't went up ahead and retrace back ...
still got that 10 pips ... pheeww ...

I still have to learn read the candlestick ...

Good luck to all of you and happy trading

mike
Ignored
 
 
  • Post #453
  • Quote
  • Sep 4, 2007 12:38am Sep 4, 2007 12:38am
  •  currencytrader
  • | Joined Aug 2006 | Status: Member | 267 Posts
Hey yall,

Well, I have my one way plane ticket in hand and will be leaving for hawaii this week instead of next week. After tonights trading, I'll take the rest of the week off to get my house items sold off as well as shutting off my utilities this week and paying some bills before leaving.

I will not be trading for about two weeks. I'll trade tonight, but after tonight I will be offline until next friday. I will take the rest of this week off. My plane leaves on Friday and it's a 13 hour plane ride.

I'll use next week to just play around and familiarize myself with my surroundings. Then I'll get back to trading on the 17th of September which is a Monday. I've scored enough pips in the past 6 weeks, from the gbp/usd alone, to not worry about trading for 2 weeks.

So, let's make it a good one tonight so that I can leave everyone on a good note. I want to see people making 5-10 pips tonight...

CT
 
 
  • Post #454
  • Quote
  • Sep 4, 2007 1:00am Sep 4, 2007 1:00am
  •  patrick25
  • | Joined Jul 2007 | Status: Member | 805 Posts
Hi CT,
Good luck on everything and take your time, the forex ATM(I mean market) will not go away when you come back hehe.
 
 
  • Post #455
  • Quote
  • Sep 4, 2007 1:17am Sep 4, 2007 1:17am
  •  dunlop432
  • | Joined Mar 2007 | Status: Member | 43 Posts
Wow dude,

Its allways significant when we make big changes in our lives.

It can be exciting as well as stressful.

Good luck in your new digs.
 
 
  • Post #456
  • Quote
  • Sep 4, 2007 1:24am Sep 4, 2007 1:24am
  •  currencytrader
  • | Joined Aug 2006 | Status: Member | 267 Posts
thanks...I'm excited to go to a place where it's warm year round without defrosting my windshield, car door, and warming up an engine just to drive on snow and ice.

I won't miss any of that...

ct

Quoting dunlop432
Disliked
Wow dude,

Its allways significant when we make big changes in our lives.

It can be exciting as well as stressful.

Good luck in your new digs.
Ignored
 
 
  • Post #457
  • Quote
  • Sep 4, 2007 1:28am Sep 4, 2007 1:28am
  •  currencytrader
  • | Joined Aug 2006 | Status: Member | 267 Posts
it's still early, but the market should start heating up here soon..

ct
 
 
  • Post #458
  • Quote
  • Sep 4, 2007 1:30am Sep 4, 2007 1:30am
  •  pips_warrior
  • | Joined Aug 2007 | Status: Member | 68 Posts
Good Luck CT.... we'll miss you....

regards,
"Live is for living not for working"
 
 
  • Post #459
  • Quote
  • Sep 4, 2007 1:35am Sep 4, 2007 1:35am
  •  currencytrader
  • | Joined Aug 2006 | Status: Member | 267 Posts
Pips,

Just make sure to go over every post I have written and then go back and do a history test to see if you can identify setups that would have been profitable for you. That'll way you'll learn by visualization so that it becomes natural to you without second thought...

Yeah man, it's going to be one hell of a move for me. But, this midwest thing isn't for me man. Missouri is really misery..hehe..

Hell, I'm a black man, and I need some sunshine so I can stay nice and brown..hehe

ct

Quoting pips_warrior
Disliked
Good Luck CT.... we'll miss you....

regards,
Ignored
 
 
  • Post #460
  • Quote
  • Sep 4, 2007 1:43am Sep 4, 2007 1:43am
  •  currencytrader
  • | Joined Aug 2006 | Status: Member | 267 Posts
folks,

there's a hammer and hangman already in place folks, and an opportunity is about to come up depending on the next confirmation candle...

keep alert...

ct
 
 
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