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Quoting RoelsMajor
{quote} Afternoon here. See what after London Open would give. Try to get 2% today for the recovery. To the Green yeah. Edit: -So far look like USD global weakness. But off course Who knows? -After waiting long long time could be mission impossible to get target point today.

Trust me, setting daily targets does more harm than good, unless you're a real good scalper....
Because if otherwise, setting a target will force you to take trades you wouldn't normally like to take just so you could reach your target ..

By the way, with the PVSRA system you guys use, set ups come up every day right?
Quoting Koop
{quote} Trust me, setting daily targets does more harm than good, unless you're a real good scalper.... Because if otherwise, setting a target will force you to take trades you wouldn't normally like to take just so you could reach your target .. By the way, with the PVSRA system you guys use, set ups come up every day right?
Yes. Basic PVSRA TVT20 works like scalping, try to take 20 pips out of the market after London Open.

The modified system is variable depend on who is the "Driver".

Like me used to be take 1/3 ADR today from the entry point. Like example in GU now, I take more 1/3 ADR target, today 39. I set the target point to 2x39 = 78 pips based on the PA and volatility. GU fly 75 pips from after London Open and now on retrace after good news (medicine like Earleone said) but soon dumped 50 pips. Well need patience here to see what PA doing after. That is why sometime is good to take your profit after some target point (prefered ones), like My case today (now) currently I am wasting 50 good pips.

Overall:
- In AU, GU, and UJ still good hope, but In EU pretty near to SL.
And, behold, with every hardship comes ease:
Quoting RoelsMajor
{quote} Yes. Basic PVSRA TVT20 works like scalping, try to take 20 pips out of the market after London Open. The modified system is variable depend on who is the "Driver". Like me used to be take 1/3 ADR today from the entry point. Like example in GU now, I take more 1/3 ADR target, today 39. I set the target point to 2x39 = 78 pips based on the PA and volatility. GU fly 75 pips from after London Open and now on retrace after good news (medicine like Earleone said) but soon dumped 50 pips. Well need patience here to see what PA doing after. That...
Oh I see..
Seems like a complicated system.. but profitable with good Risk management...
Quoting Koop
{quote} Oh I see.. Seems like a complicated system.. but profitable with good Risk management...
It will generate good profit if U are discipline. Fold at reasonable SL and take profit at reasonable TP. But to be discipline is another story.

Yea You can't win everyday. But is not bad. With a proper money management everything is good.

But then comes again Our Personal Sickness in Over Leverage and too much experiment on something We don't understand yet. The outcomes will be for sure, Big Loss.
And, behold, with every hardship comes ease:
Quoting RoelsMajor
{quote} It will generate good profit if U are discipline. Fold at reasonable SL and take profit at reasonable TP. But to be discipline is another story. Yea You can't win everyday. But is not bad. With a proper money management everything is good. But then comes again Our Personal Sickness in Over Leverage and too much experiment on something We don't understand yet. The outcomes will be for sure, Big Loss.
Lol I'm done with over leveraging ... Greed can kiss my A**
Quoting Koop
{quote} Lol I'm done with over leveraging ... Greed can kiss my A**
Well this Monday, and the The Markets is not so kind to me, so close today with -1.9%, still overal -58% loss. Good night Guys. See U at London Open Yesterday. Good Luck.
And, behold, with every hardship comes ease:
Quoting RoelsMajor
{quote} Yes. Basic PVSRA TVT20 works like scalping, try to take 20 pips out of the market after London Open. The modified system is variable depend on who is the "Driver". Like me used to be take 1/3 ADR today from the entry point. Like example in GU now, I take more 1/3 ADR target, today 39. I set the target point to 2x39 = 78 pips based on the PA and volatility. GU fly 75 pips from after London Open and now on retrace after good news (medicine like Earleone said) but soon dumped 50 pips. Well need patience here to see what PA doing after. That...

Hey, what is ADR?
Im a Crocodile, Im a Sniper. Patience is everything.
Looking at my crude trade, was planning on only holding short-mid term. But after that huge spike up last night, I looked again, did some further analysis.

Blue areas 1-3 on attached monthly chart show:

A trend change, at least temporarily, last year's high taken out (1), i'd expect bulls to attack the prior year's high (2). Ideal buying area (3), if it pulls back.

When the market for Crude opens again, I'll consider adjusting TP/SL with a longer term approach...
Attached Image (click to enlarge)
Click to Enlarge Name: WTICrudeMonthly.png Size: 23 KB
Something I've learned from other's as well as my own experience - remove the color red from your charts. Why? Because red is a color that causes excitement and/or anxiety. When trading, we need to be as calm as possible.

So, what colors have a calming affect? Choose for yourself, but the obvious colors are blue and green, which are the colors I've picked for my chart.

Also, examine how you feel when you see the candle going up or down. Do you have a different feeling about the direction? Could be the color or shading is causing you to feel that way.

It took me some time, but I finally got my chart so that I feel very "positive" when I see candles in either direction. It's funny, because even when I'm in a long trade, and I see a candle go against me, my initial reaction is "positive" when I see the candle. This helps me maintain my mental and emotional stability to manage my trades and make good decisions without the emotional weight that is added by the wrong colors or shading...

Hope this helps...
Quoting benaiah
okay, I'm bored, so I'm going to post some things about chart colors! Something I've learned from other's as well as my own experience - remove the color red from your charts. Why? Because red is a color that causes excitement and/or anxiety. When trading, we need to be as calm as possible. So, what colors have a calming affect? Choose for yourself, but the obvious colors are blue and green, which are the colors I've picked for my chart. Also, examine how you feel when you see the candle going up or down. Do you have a different feeling about the...
Hi
I am fully agree with you regarding the Candle color.
Long time ago, one of the traders said"It's better to change the color for candles which go up with red and reverse for downing candles"
two years ago i've done that although i had some problem but i got used to it. But your suggestion much much better not using green color
Have a good time
Quoting RoelsMajor
{quote} Well this Monday, and the The Markets is not so kind to me, so close today with -1.9%, still overal -58% loss. Good night Guys. See U at London Open Yesterday. Good Luck.

Hey Roels, where can i find the HFS (Hold , fold, switch) technique?
Im a Crocodile, Im a Sniper. Patience is everything.
Just a small and friendly advice for people trying to become profitable (and don't know how to do it yet).
Stay away from this kind of threads.
buying tops / selling bottoms
Quoting voty
Just a small and friendly advice for people trying to become profitable (and don't know how to do it yet). Stay away from this kind of threads.
lol, and we should listen to you because? you didn't even give a reason why we should stay away from threads "like this". Or what that even means. What is exactly a thread "like this"?

Oh, never mind, that was your last post here... but thanks for your opinion.
Quoting voty
Just a small and friendly advice for people trying to become profitable (and don't know how to do it yet). Stay away from this kind of threads.
And why my friend? Explain yourself.
Quoting Mr.Dan
{quote} And why my friend? Explain yourself.
too late, I blocked him/her. I guess you could send a PM, if you really want to know. But I checked his/her 2 trade explorers, and does not look to me like they have any sort of track record to be any authority on this topic, lol
Quoting benaiah
{quote} too late, I blocked him/her. I guess you could send a PM, if you really want to know. But I checked his/her 2 trade explorers, and does not look to me like they have any sort of track record to be any authority on this topic, lol
Hey Benaiah, good recovering!!!!
Im a Crocodile, Im a Sniper. Patience is everything.
Quoting Peruvian80
{quote} Hey Benaiah, good recovering!!!!
Thank you! Still working at it...
Quoting Robst3r
{quote} As promised: {file} {file}
i have observed it these indicators are repaint. are you also using these indicators?
Quoting Peruvian80
{quote} Hey Roels, where can i find the HFS (Hold , fold, switch) technique?
You can learn from Fisher's past post on this thread, bit it is not suitable for anyone

ADR = Average Daily Range

Quoting benaiah
{quote} Thank you! Still working at it...
Good progress Ben! Well-done! I am still stuck @ -60%. What a record Yeah.

Quoting voty
Just a small and friendly advice for people trying to become profitable (and don't know how to do it yet). Stay away from this kind of threads.
Consistent profitable is not the same like been able to profit an once, two, or three time Bro. So Why We have to stay away from this thread? You should join this thread so We could see the "true colour" of yours. In case U want to help or just want to sell some advertisement for Ur self.
And, behold, with every hardship comes ease:
Quoting RoelsMajor
{quote} You can learn from Fisher's past post on this thread, bit it is not suitable for anyone ADR = Average Daily Range {quote} Good progress Ben! Well-done! I am still stuck @ -60%. What a record Yeah. {quote} Consistent profitable is not the same like been able to profit an once, two, or three time Bro. So Why We have to stay away from this thread? You should join this thread so We could see the "true colour" of yours. In case U want to help or just want to sell some advertisement for Ur self.
Denmas (Pips net) is the true master of HFS.
Here is one example:
The best is if Switched EP is bigger than initial EP, so initial one should not be too big.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDiM5 HFS.png Size: 61 KB

Couldn't switch my too loaded long EU from Friday, so I had to just fold and recover with other trades in the days that will follow...The method is almost impossible to apply with too loaded trade.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDiM15 Too loaded.png Size: 65 KB
PVSRA
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