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FDAX Sept2017 2.0

  • #1
  • First Post: Jul 13, 2017 4:30pm Jul 13, 2017 4:30pm
"B L O O D B A T H: I can survive but this is a BIG HIT"

"those were my words on 29 june, minus 630 FDAX pips in a day, the worst daytrade I had in my life, exactly 2 weeks ago....
that evening I promised to myself that I had to recover my losses and after that I will have changed my trading style.
Today I have reached and overcome that target...and a promise is a promise.

I have to learn from these mistakes, NOW OR NEVER!!! I had a RED WARNING and I'm survived.
so my trading style will completely change starting tomorrow. Probably in this way will be difficult to gain more 100 pips in a day but for sure I will not loose 100 and more pips in a day.

This journal help me a lot to improve my job: sometimes made me proud of myself and sometimes I was ridicolous for everyone in some stupid trades,
now it's time to become more professional and less naive"

So let's start new journal with the same name but 2.0
I call upon my father's spirit , watching over me
  • #2
  • Jul 13, 2017 11:07pm Jul 13, 2017 11:07pm
Quoting Brixen
"B L O O D B A T H: I can survive but this is a BIG HIT" "those were my words on 29 june, minus 630 FDAX pips in a day, the worst daytrade I had in my life, exactly 2 weeks ago.... that evening I promised to myself that I had to recover my losses and after that I will have changed my trading style. Today I have reached and overcome that target...and a promise is a promise. I have to learn from these mistakes, NOW OR NEVER!!! I had a RED WARNING and I'm survived. so my trading style will completely change starting tomorrow. Probably in this way will...
Don't be too hard on yourself , only a bad day which we all have. What changes are you planning on making ?
i need a break myself as my eyes are killing me so won't trade today , resume Monday. I will be running my self developed DAX algorithm live next week to save time as time frame is a killer for me on this one. Only testing but results are good enough. Maybe this is my change as well. Hard on the mind and body to scalp and swing trade this manually every day for a long period of time and only matter time i make silly decisions and have a bloodbath myself. Only testing but i ran for month data, including your blood bath day from today so see what happens.
Forgot to mention i work in IT as well for about 20 years before retiring due to outsourcing of our jobs over seas.
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  • #3
  • Jul 14, 2017 1:12am Jul 14, 2017 1:12am
Congrats on the new thread

wishing you success
Follow The Markets Structure - Patience and Discipline
  • #4
  • Jul 14, 2017 1:17am Jul 14, 2017 1:17am
Quoting Pip-Miner
{quote} Don't be too hard on yourself , only a bad day which we all have. What changes are you planning on making ? i need a break myself as my eyes are killing me so won't trade today , resume Monday. I will be running my self developed DAX algorithm live next week to save time as time frame is a killer for me on this one. Only testing but results are good enough. Maybe this is my change as well. Hard on the mind and body to scalp and swing trade this manually every day for a long period of time and only matter time i make silly decisions and have...
I'm thinking to move soon down under and work as your assistant for the rest of my life.....

what masterpiece are you preparing for your trade?

I really appreciate the efforts to improve our jobs everyday.
Lazy approach will only kill evryone of us in this ocean full of sharks.
I call upon my father's spirit , watching over me
  • #5
  • Jul 14, 2017 1:24am Jul 14, 2017 1:24am
605/610 zone below and 640/645 zone above: very strict narrow range, only an explosion outside this range will dictate next move.

Japan Nikkei had a range of only 60 pips today (friday daytrade is just closed)
Maybe not a good day to trade, maybe I will take a day off......
I call upon my father's spirit , watching over me
  • #6
  • Jul 14, 2017 1:29am Jul 14, 2017 1:29am
Quoting pipfarm
Congrats on the new thread wishing you success
You know I have recovered huge november losses and now also 29 june losses...
I don't want to recover anymore

Thanks for your wishes and your kind support even in worst days
I call upon my father's spirit , watching over me
  • #7
  • Jul 14, 2017 2:04am Jul 14, 2017 2:04am
2 FDXM bought at 624 seconds ago
I call upon my father's spirit , watching over me
  • #8
  • Jul 14, 2017 2:06am Jul 14, 2017 2:06am
Quoting Brixen
2 FDXM bought at 624 seconds ago
additional 2 FDXM bought at 614
I call upon my father's spirit , watching over me
  • #9
  • Jul 14, 2017 2:12am Jul 14, 2017 2:12am
Quoting Brixen
{quote} additional 2 FDXM bought at 614
4 FDXM long from 619: target 639.
I call upon my father's spirit , watching over me
  • #10
  • Jul 14, 2017 2:27am Jul 14, 2017 2:27am
Quoting Brixen
{quote} 4 FDXM long from 619: target 639.
closed 1 FDXM at 634:+15 pips FDXM=+5 FDAX pips.
I call upon my father's spirit , watching over me
  • #11
  • Jul 14, 2017 2:28am Jul 14, 2017 2:28am
Quoting Brixen
{quote} closed 1 FDXM at 634:+15 pips FDXM=+5 FDAX pips.
now I have 3 FDXM and I will close 2FDXM around 640 and I will leave 1 for further possible upside.
I call upon my father's spirit , watching over me
  • #12
  • Jul 14, 2017 2:39am Jul 14, 2017 2:39am
Quoting Brixen
{quote} now I have 3 FDXM and I will close 2FDXM around 640 and I will leave 1 for further possible upside.
another FDXM closed at 638:+19 pips FDXM=+4 pips FDAX.

P.S. previous post gain was +3 pips FDAX
I call upon my father's spirit , watching over me
  • #13
  • Jul 14, 2017 2:54am Jul 14, 2017 2:54am
Quoting Brixen
{quote} another FDXM closed at 638:+19 pips FDXM=+4 pips FDAX. P.S. previous post gain was +3 pips FDAX
3rd FDXM closed at 644:+25 pips FDXM=+5 pips FDAX

last one FDXM has a stop at be 618 with target of 50 pips.
I call upon my father's spirit , watching over me
  • #14
  • Jul 14, 2017 3:21am Jul 14, 2017 3:21am
Quoting Brixen
{quote} 3rd FDXM closed at 644:+25 pips FDXM=+5 pips FDAX last one FDXM has a stop at be 618 with target of 50 pips.
I go to the sea.
+12 pips FDAX gained till now and last FDXM bought at 618 has a stop at be and target 50 pips FDXM.
That's all for today.
I call upon my father's spirit , watching over me
  • #15
  • Jul 14, 2017 6:39am Jul 14, 2017 6:39am
Quoting Brixen
{quote} I'm thinking to move soon down under and work as your assistant for the rest of my life..... what masterpiece are you preparing for your trade? I really appreciate the efforts to improve our jobs everyday. Lazy approach will only kill evryone of us in this ocean full of sharks.
Welcome any time Gekko and Leonardo lol . It's an expert advisor on mql4 to make life easier . I see you have implemented BE, much less risk and stressful , why I do it as well. It was borrowed from our German friend Delta, he has a thread in the interactive section. You can thank him for the idea.
  • #16
  • Jul 14, 2017 1:11pm Jul 14, 2017 1:11pm
Quoting Brixen
{quote} I go to the sea. +12 pips FDAX gained till now and last FDXM bought at 618 has a stop at be and target 50 pips FDXM. That's all for today.
I spent whole day on the beach. Last FDXM was stopped at be.
Today performance: +12 pips FDAX. NOt bad considering the time I spent on trading.
I call upon my father's spirit , watching over me
  • #17
  • Edited 1:03pm Jul 16, 2017 4:00am | Edited 1:03pm
Has anyone read something about Joe Ross?

P.S.

- Do you know how JR works (in the chart) per day?
- Which is his average profit factor?
- How is the size of JR's trading account?

P.P.S.

- "Trading is a business :I make one and only one trade/day--win or lose! My trading day averages 20 minutes"
- "Day Trading Forex" : (scalping method) ... win%=85% (80%), Risk/Reward= (about) 2/1(3/1) ... PF = (0,85/0,15)*(0,5) = 2,83 (1,32)
(+183% (+32%)if I'm not wrong ... by a 200 day time cycle (one trade per day) with a position size of 0.5%)
- "Day Trading Forex" : average Risk 180$ * 10 lots = 1800$ inside a position size of 0,5%(1%) ... trading account of 360(180)K$ ...)(...only...?!)

Post P.P.S.

The question is ... does JR make more money as a divulger or as a trader?
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... panta rei ... (Heraclitus of Ephesus, 535-475 BC)
  • #18
  • Jul 17, 2017 1:19am Jul 17, 2017 1:19am
650

630

610

I will buy on the dips around price levels written above for 700 attack.
I call upon my father's spirit , watching over me
  • #19
  • Jul 17, 2017 1:32am Jul 17, 2017 1:32am
Quoting Brixen
650 630 610 I will buy on the dips around price levels written above for 700 attack.
I will wait 9 CET before buy something on the dips.
I want to see some confirmation before buying.....
I call upon my father's spirit , watching over me
  • #20
  • Jul 17, 2017 1:34am Jul 17, 2017 1:34am
Quoting Brixen
{quote} I will wait 9 CET before buy something on the dips. I want to see some confirmation before buying.....
Gd morning,

is this a new strategy?
Follow The Markets Structure - Patience and Discipline
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