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  • #1,134,201
  • Edited 3:57pm Sep 16, 2017 3:46pm | Edited 3:57pm
more than likely that candle will close bullish-imo
like the others
leaving 2 weeks to position
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #1,134,202
  • Edited 5:47pm Sep 16, 2017 3:54pm | Edited 5:47pm
Hi guys

Got little free time - decided to upgrade my online presence

I'm declaring the below picture to be my official sign

My avatar with logo is also special trademarked material

The following names are reserved solely for my use:
Not-KPMG ;
NOT ;
The Not ;
NK ;
...and in many quiet corners of Robber Banks (also forex pubs and leaky banks) they are hushed with fear and awe

Special notice is given to North Korea to NOT use the name NK.

Me and DonnyT will respond with rage, fury ....and dirty pictures at such provocation!! We are well prepared


Have a great weekend all !!
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Beware of robber banks (RB), bad advisors.
  • #1,134,203
  • Sep 16, 2017 4:00pm Sep 16, 2017 4:00pm
Quoting OnlineAddict
{quote} You said 1.05...I say 1.67...$1000 bet?
I'm against betting...

Below is the 1000 pips drop for GBP/USD, around the value showed by orange PSAR ...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 89 KB
I am who I am
  • #1,134,204
  • Sep 16, 2017 4:07pm Sep 16, 2017 4:07pm
Quoting OnlineAddict
{quote} You said 1.05...I say 1.67...$1000 bet?
Are u saying EUR/USD 1.6700??
  • #1,134,205
  • Sep 16, 2017 4:10pm Sep 16, 2017 4:10pm
highly unlikely point of view , basically a guess ,the good thing is you have at least some posted reasoning

Quoting imwim
{quote} I'm against betting... Below is the 1000 pips drop for GBP/USD, around the value showed by orange PSAR ... {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #1,134,206
  • Sep 16, 2017 4:18pm Sep 16, 2017 4:18pm
Quoting Bones
highly unlikely point of view , basically a guess ,the good thing is you have at least some posted reasoning {quote}
The orange PSAR was below the white PSAR in the downward movement, so the 1.25822 level should be revisited most likely till end of the year...
I am who I am
  • #1,134,207
  • Sep 16, 2017 5:10pm Sep 16, 2017 5:10pm
Finaly, the white PSAR is above the price for EUR/USD, so the downward movement will be more and more powerfull....

Of course, in the mean time FED has switched to GBP/USD ...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 147 KB
I am who I am
  • #1,134,208
  • Sep 16, 2017 5:14pm Sep 16, 2017 5:14pm
Quoting bluesoul
{quote} 27% is nothing against this learning and realization. (you have made it before and you have a great news that tomorrow is another trading day) I Appreciate your understanding and learning from your mistake. Truth is that no one can learn from others mistakes. Even if someone is in this fallacy he will learn when he himself makes the same mistake and then learn. The only way to avoid such mistakes which are deep-rooted in our psychology and very obvious is to spot them again and again. A lot of practice of this repeated action will ultimately...
I spent many sleepless nights and days between trading and day job to get my account back. I didn't withdraw any profit for over a year trying to get my money back and when I was close to turn green I screwed up again. 27% it's a lot for me. But no more. I will not fall for same shit again. I know what I am doing and I stick to it. No more additions nor subtraction from my strategy, it works fine. Me , that's what need to be adjusted. That's why I have journal from now on.
  • #1,134,209
  • Sep 16, 2017 5:29pm Sep 16, 2017 5:29pm
if we have not grasped it yet we should not lose more than 1% per day.......we need to preserve our capital while we are learning....anyway is not about the money....it is about skills and protecting our capital is one of them....

Forget about the BS we see around here and everywhere...they are not real.....if we make 0.5% per day consistently on average we are becoming one of the best........we can always increase our stake if we wish or need to.........always look for the high probability trades in a day.....if you have not entered any trades because the high probability trades were not there be happy about it because you have learned another skill.....

The market is always right, if we lose is because we have not read her properly and acted wrongly and need to go back and learn more.......if we lose more than we should means we let our emotions dictate our acts and we need to go back and learn more about ourselves..
trading is simple but is simple is not easy.
  • #1,134,210
  • Sep 16, 2017 5:44pm Sep 16, 2017 5:44pm
ok you have an example where that worked before , it's not tradable regardless paper thin, just look at the quarterly
those dots will move up

Quoting imwim
{quote} The orange PSAR was below the white PSAR in the downward movement, so the 1.25822 level should be revisited most likely till end of the year...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #1,134,211
  • Sep 16, 2017 6:09pm Sep 16, 2017 6:09pm
What indicator is that with the colorful little dots? I don't use indicators a whole lot but I'm curious.
  • #1,134,212
  • Sep 16, 2017 6:14pm Sep 16, 2017 6:14pm
Quoting imwim
Finaly, the white PSAR is above the price for EUR/USD, so the downward movement will be more and more powerfull.... Of course, in the mean time FED has switched to GBP/USD ... {image}

it is the first time i see someone using psar in this way, i try it b4 few months back but i could not continue, i made even an ea to close and build up trades with odd psar numbers..

nice work
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #1,134,213
  • Sep 16, 2017 6:18pm Sep 16, 2017 6:18pm
Quoting Bones
ok you have an example where that worked before , it's not tradable regardless paper thin, just look at the quarterly those dots will move up {quote}
I have missed to bookmark the example, and now scrolling the charts for many pairs I don't found any occurrence of another PSAR before the white PSAR in a downward movement, so this setup seems to appear in less than 2-3% of cases.
I am who I am
  • #1,134,214
  • Edited 6:46pm Sep 16, 2017 6:29pm | Edited 6:46pm
Attachment g
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 167 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #1,134,215
  • Sep 16, 2017 6:36pm Sep 16, 2017 6:36pm
Quoting ZenNy
if we have not grasped it yet we should not lose more than 1% per day.......we need to preserve our capital while we are learning....anyway is not about the money....it is about skills and protecting our capital is one of them.... Forget about the BS we see around here and everywhere...they are not real.....if we make 0.5% per day consistently on average we are becoming one of the best........we can always increase our stake if we wish or need to.........always look for the high probability trades in a day.....if you have not entered any trades...
I can not agree more!
  • #1,134,216
  • Sep 16, 2017 6:38pm Sep 16, 2017 6:38pm
stick to the rules of the tool why so many re-invent the wheel is beyond me, this definitely isn't up to the trader situ

Quoting imwim
{quote} I have missed to bookmark the example, and now scrolling the charts for many pairs I don't found any occurrence of another PSAR before the white PSAR in a downward movement, so this setup seems to appear in less than 2-3% of cases.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #1,134,217
  • Sep 16, 2017 6:49pm Sep 16, 2017 6:49pm
Quoting Bones
{image}
It's empirical experience/learning...

The orange PSAR was not touched after the price was rejected from the resistance you drawn, only the white PSAR, so the white PSAR is not any more nearest the price in the downward movement. Also the white PSAR has moved upward not downward after the price touched it...
I am who I am
  • #1,134,218
  • Sep 16, 2017 6:53pm Sep 16, 2017 6:53pm
Quoting ArmSec
What indicator is that with the colorful little dots? I don't use indicators a whole lot but I'm curious.
PSAR comes from Parabolic Stop-And-Reversal.
I am who I am
  • #1,134,219
  • Sep 16, 2017 6:56pm Sep 16, 2017 6:56pm
so that's why you choose that one rather than the others as support and even target?
how long you been trading

Quoting imwim
{quote} It's empirical experience/learning... The orange PSAR was not touched after the price was rejected from the resistance you drawn, only the white PSAR, so the white PSAR is not any more nearest the price in the downward movement. Also the white PSAR has moved upward not downward after the price touched it...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 169 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #1,134,220
  • Sep 16, 2017 7:08pm Sep 16, 2017 7:08pm
Quoting Bones
so that's why you choose that one rather than the others as support and even target? how long you been trading {quote} {image}
I have build trading systems for 15 years as project manager and system integrator, and I'm a certified broker/trader for 20 years...
I am who I am
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