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An Eye Opener

  • #1
  • First Post: Edited Dec 3, 2013 7:26am Nov 17, 2013 11:42am | Edited Dec 3, 2013 7:26am
This thread will monitor my progress.I will be posting my analysis and the trades i take.It will be published as
soon as i take them so you can take them almost at the same time i take , and this is not on a shorter
time-frame,so you will know when i get in and get out.


I always trade keeping the major trend in mind,And take my calls according to that.I take only one trade
per pair in a week,But almost a sure pipper. You will know in the coming weeks.If you see any improvement in your trading style follow it otherwise please leave.


Conditions :

No name calling.. you will be banned.
If you have something to say.tell someone who listens to you.not me.
I will not discuss anything about my style of trading.



What can you do ?


Strictly follow my trades..i will post charts to explain why i took them.
if you don't like my attitude i don't give a s**t...move on.If you like just subscribe
  • #2
  • Nov 17, 2013 11:45am Nov 17, 2013 11:45am
I will start from monday . Watch my trades for few days and when you are confident about my analysis.Then do what you feel like.

I watch 11 pairs at a time.When i take a trade on a pair and close it, I wont take any trade on that pair for that particular week.I simply close it. I mainly follow Daily chart .I execute trades based on what Daily says and i usually move the the stop loss to Breakeven when the trade reaches 20pips and aim for more.The Stop loss is 50 pips maximum and the Take Profit depends on my mood.\


Lets see on monday.
  • #3
  • Nov 18, 2013 8:35am Nov 18, 2013 8:35am
No trades for me today in all the 11 pairs i trade.I think i will get atleast one tomorrow.Will wait and watch.
  • #4
  • Nov 18, 2013 8:46am Nov 18, 2013 8:46am
Got this trade on AJ....took a short after the rejection of series of candles

Entry 94.00
Tp atleast 30 pips
BE 20 pips
SL 50
  • #5
  • Nov 18, 2013 8:49am Nov 18, 2013 8:49am
Quoting yinyang
Got this trade on AJ....took a short after the rejection of series of candles Entry 94.00 Tp atleast 30 pips BE 20 pips SL 50

Its aginst the main trend.Wont wait for a long on this one...lets see how this work out to be.
  • #6
  • Nov 18, 2013 9:26am Nov 18, 2013 9:26am
Quoting yinyang
Got this trade on AJ....took a short after the rejection of series of candles Entry 94.00 Tp atleast 30 pips BE 20 pips SL 50

Now the SL has been moved to 15 pips from 50 pips.still holding.lets wait and watch
  • #7
  • Nov 18, 2013 10:17am Nov 18, 2013 10:17am
Quoting yinyang
{quote} Now the SL has been moved to 15 pips from 50 pips.still holding.lets wait and watch


Just an update.It went up 20 pips but did not move to breakeven. still holding with 15 pips sl
Attached Image (click to enlarge)
Click to Enlarge Name: aj.png Size: 49 KB
  • #8
  • Nov 18, 2013 9:15pm Nov 18, 2013 9:15pm
Quoting yinyang
{quote} Just an update.It went up 20 pips but did not move to breakeven. still holding with 15 pips sl {image}

OK.just an update to the trade i took yesterday. TP hit at 44 pips.Will see what comes up today.if i take something will update it as soon as i take them.
  • #9
  • Nov 18, 2013 9:20pm Nov 18, 2013 9:20pm
Missed a very good trade on EURAUD for 30 pips.since i was on the other trade did not bother to check the chart.
  • #10
  • Nov 18, 2013 9:37pm Nov 18, 2013 9:37pm
Really not confident of shorting AUDUSD...coz of the PIN bar.why simply risk?
  • #11
  • Nov 18, 2013 11:37pm Nov 18, 2013 11:37pm
Misconception

Mostly everyone believes that if you take less than 1:1 Tp you will not survive in this for long time.But i don't agree with them.You need a very sound method to achieve this results mostly my initial SL is 50 pips and my Tp is less than 50 pips.I will show you how to survive in this market provided you have a very sound method to protect you.

I move my SL sometimes after the close of the candle but not all the time.Only after realizing his i started making money consistently.I used to wait for 1:1 TP but most of the trades were hitting BE and hitting my SL.

I cant simply talk and nothing works till i prove it to you.Just wait and watch how this journey goes.
  • #12
  • Nov 19, 2013 3:56am Nov 19, 2013 3:56am
Waiting for a trade now...
  • #13
  • Nov 19, 2013 4:16am Nov 19, 2013 4:16am
Just Entered AJ long.Waiting to see how it goes.
  • #14
  • Nov 19, 2013 4:17am Nov 19, 2013 4:17am
Entry 94.00
BE 20 pips
TP 40
Sl 50
  • #15
  • Nov 19, 2013 4:19am Nov 19, 2013 4:19am
Quoting yinyang
Entry 94.00 BE 20 pips TP 40 Sl 50

Stopl Loss is reduced to 33 pips
  • #16
  • Nov 19, 2013 5:06am Nov 19, 2013 5:06am
Quoting yinyang
{quote} Stopl Loss is reduced to 33 pips

Its been more than hour and no movement.Going to hold it.
  • #17
  • Nov 19, 2013 6:01am Nov 19, 2013 6:01am
Quoting yinyang
{quote} Stopl Loss is reduced to 33 pips

SL is furthur reduced to 11 pips coz of slow movement.
  • #18
  • Nov 19, 2013 6:23am Nov 19, 2013 6:23am
Quoting yinyang
{quote} SL is furthur reduced to 11 pips coz of slow movement.


Closed it for +5 pips no movement though it went up to 11 pips.will see if anything comes up.this still look like its going to go up.But have some work
  • #19
  • Nov 19, 2013 6:35am Nov 19, 2013 6:35am
Quoting yinyang
{quote} Closed it for +5 pips no movement though it went up to 11 pips.will see if anything comes up.this still look like its going to go up.But have some work

This is the copy of the trade i took.see my explorer for precise entry point.I will be discussing why took them
Attached Image (click to enlarge)
Click to Enlarge Name: aj.png Size: 42 KB
  • #20
  • Nov 19, 2013 6:53am Nov 19, 2013 6:53am
I don't use any indicators.I look at just the price and go for the pips that the market gives me.No aim no expectations nothing.
I take only very potential trades.

Indicators show you the past and will never tell you what is going to happen in the short time.ofcourse you will know what traders did in the last few hours
with that we will know what may be the outcome.

Will look for trades again in an hour if i find some will jump in.will update when i take them.
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